NOT LISTED FOR SALE

505 Shady Ln Edwardsville, IL 62025

Estimated Value: $268,000 - $304,000

3 Beds
2 Baths
1,450 Sq Ft
$198/Sq Ft Est. Value

Last Sold January 03, 2017

Last sale price $177,000 $122 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,883/month

27 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage
  • Woodland Elementary School Rated A-
  • Formal Dining Room

About This Home

As of January 2017

ADORABLE & AFFORDABLE BRICK RANCH IN THE HEART OF EDWARDSVILLE! Nestled privately on a 3/4 acre lot in Grandview, this move-in ready ranch can be your next home! Wood floors throughout living, dining and bedrooms along w/beautiful paint colors. Kitchen features Kraftmaid cabinetry and all kitchen appliances stay with the home. Lower level boasts the 2nd bathroom and ample storage w/room to finish another large family room and/or recreational room. Oversized (26x26) detached garage has 100 amp service and an oversized bay door for large vehicles plus extra storage space. The view from the front door is of the golf course & lake. This wonderful property is walking distance to the bike trails, parks including the new splash part, and to all that downtown Edwardsville offers including, shopping, dining, farmers markets, library, etc. This one won't last long!

Last Agent to Sell the Property

Julie Fleck

RE/MAX Alliance License #475125407 Listed on: 12/06/2016

RE/MAX Alliance

Last Buyer's Agent

Paul Ottwein

Home Buyers Advantedge License #471005534

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,519

Year Built

  • 1958

Lot Details

  • 0.53 Acre Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 3 Main Level Bedrooms
  • 1,450 Sq Ft Home
  • Window Treatments
  • Formal Dining Room

Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,519

Year Built

1958

Lot Details

0

Parking

2

Listing Details

  • Cross Street: Grandview
  • Municipality Township: Edwardsville
  • Special Description: Owner Occupied
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1958

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven-Electric, Refrigerator
  • Basement: Bathroom in LL, Full
  • Bedroom Types: Main Floor Master
  • Dining Room: Separate Dining
  • Interior Amenities: Some Window Treatmnt, Some Wood Floors
  • Lower Full Bathrooms: 1
  • Main Level Bedrooms: 3
  • Main Full Bathrooms: 1
  • Total Living Area: 1450.00

Exterior Features

  • Exterior Features: Brick Veneer Predom
  • Architecture: Traditional

Garage/Parking

  • Garage Spaces: 2
  • Parking: Detached

Utilities

  • Cooling: Central-Electric
  • Heating: Forced Air
  • Sewer: Septic
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 122 S X 280 S IRR
  • Lot Number: SEC 11-14 LOT PT OL 12
  • Lot Sq Ft: 23043

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2019
Sold by
Schroeder Steven E and Schroeder Roseanne M
Bought by
Schroeder Trust
Current Estimated Value
$286,421

Purchase Details

Listed on
Dec 6, 2016
Closed on
Dec 29, 2016
Sold by
Batts Stephanie and Schweighardt Patrick
Bought by
Schroeder Steven E and Schroeder Roseanne M
Seller's Agent
Julie Fleck
RE/MAX Alliance
Buyer's Agent
Paul Ottwein
Home Buyers Advantedge
List Price
$180,000
Sold Price
$177,000
Premium/Discount to List
-$3,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Marks Paul A and Marks Suzanne Quinn
Bought by
Batts Stephanie and Schweighardt Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,672
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2004
Sold by
Banks Charles F and Banks Retha H
Bought by
Marks Paul A and Marks Suzanne Quinn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,132
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schroeder Trust -- None Available
Schroeder Steven E $177,000 Abstracts & Title
Batts Stephanie $155,000 Guaranty Title Co
Marks Paul A $136,000 Fatic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Batts Stephanie $148,672
Previous Owner Marks Paul A $129,132
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2017 01/03/17 Sold $177,000 -1.7% $122 / Sq Ft
12/06/2016 12/06/16 For Sale $180,000 -- $124 / Sq Ft
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,519 $74,300 $15,150 $59,150
2023 $4,519 $68,950 $14,060 $54,890
2022 $4,197 $63,740 $13,000 $50,740
2021 $3,680 $60,500 $12,340 $48,160
2020 $3,543 $58,630 $11,960 $46,670
2019 $3,508 $57,650 $11,760 $45,890
2018 $3,434 $55,060 $11,230 $43,830
2017 $3,325 $53,890 $10,990 $42,900
2016 $3,344 $53,890 $10,990 $42,900
2015 $3,184 $49,950 $10,190 $39,760
2014 $3,184 $49,950 $10,190 $39,760
2013 $3,184 $49,950 $10,190 $39,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS16077524

MARIS MLS

APN: 14-2-15-11-17-301-027