$79,000
SOLD JAN 28, 2025

508 S Morrison Ave Collinsville, IL 62234

2 Beds
1 Bath
974 Sq Ft
0.33 Acres

Recently Sold

$81 Per Sq Ft

17% Below List Price

36 Days on Market

Highlights

  • Traditional Architecture
  • Cooling Available
  • Forced Air Heating System
  • Home Office
  • 1-Story Property
  • Dining Room

About This Home

As of January 2025

Passed city occupancy and ready for immediate occupancy. New Roof, New Siding, New Gutters, Some New Flooring, Windows Approx 6 years old. This 2 bedroom home has a full basement, new flooring, fresh paint, new refrigerator, new water heater. Off street parking with tons of potential. Under 90k for a move in ready home. Call your favorite agent today. Property is broker owned.

Last Agent to Sell the Property

Doug Hartmann Jr.

Hartmann Realtors, Inc License #471000352 Listed on: 11/26/2024

Last Buyer's Agent

Kimberly Crumble

eXp Realty License #475.196415

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,498

Year Built

  • Built in 1920

Lot Details

  • 0.33 Acre Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 974 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Home Office
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Up Access
  • Block Basement Construction

Parking

  • 2 Parking Spaces
  • Driveway
  • Off-Street Parking

Schools

  • Collinsville Dist 10 Elementary And Middle School
  • Collinsville High School

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • Association fees include 0

Listing and Financial Details

  • Assessor Parcel Number 13-2-21-34-13-301-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,498

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Cross Street: Clinton
  • Year Built: 1920
  • Directions: Home is just south of downtown Collinsville on Hwy 159.
  • Property Sub-Type: Residential
  • Lot Size Acres: 0.3288
  • Co List Office Phone: 3447900
  • Subdivision Name: Reeds Sub
  • Above Grade Finished Sq Ft: 974
  • Architectural Style: Traditional
  • Carport Y N: No
  • Reso Fireplace Features: None
  • Unit Levels: One
  • Age: 105
  • Style Description: Bungalow / Cottage
  • MAR_RoomFloorCovering: Vinyl
  • MAR_RoomFloorCovering: Vinyl
  • MAR_RoomFloorCovering: Vinyl
  • MAR_RoomFloorCovering: Carpeting
  • MAR_RoomFloorCovering: Carpeting
  • MAR_RoomFloorCovering: Vinyl
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Walk-Up Access
  • Appliances: Range, Refrigerator
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Main Level Bathrooms: 1
  • Fireplace Location: None

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: Unknown, Agent Owned
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, Other
  • Total Parking Spaces: 2
  • Driveway: Aggregate

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: None
  • HOA Fee Includes: 0

Schools

  • Elementary School: COLLINSVILLE DIST 10
  • Junior High Dist: Collinsville DIST 10
  • High School: Collinsville
  • Middle Or Junior School: COLLINSVILLE DIST 10

Lot Info

  • Lot Dimensions: 76.47 X 113.12 IRREGULAR
  • Lot Size Sq Ft: 14323
  • Parcel Number: 13-2-21-34-13-301-003

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1498

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2024
Closed on
Jan 28, 2025
Sold by
Dhj Holdings Llc Ii
Bought by
Davis Amber
Seller's Agent
Doug Hartmann Jr.
Hartmann Realtors, Inc
Buyer's Agent
Kimberly Crumble
eXp Realty
List Price
$94,900
Sold Price
$79,000
Premium/Discount to List
-$15,900
-16.75%
Views
195
Current Estimated Value
$90,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,914
Avg. Annual Appreciation
16.12%
Original Mortgage
$77,569
Outstanding Balance
$77,094
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$13,820

Purchase Details

Closed on
Oct 27, 2021
Sold by
Collinsville 8 Land Trust
Bought by
Dhj Holdings Llc Ii

Purchase Details

Closed on
Mar 10, 2015
Sold by
Castelli Alice M and Castelli David N
Bought by
Hartmann Doug and The Collinsville 8 Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,350
Interest Rate
4.5%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Warranty Deed $79,000 Abstracts & Titles
Deed -- Abstracts & Titles
Deed $85,000 Abstracts & Titles Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $77,569 FHA
Previous Owner $94,350 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2025 01/28/25 Sold $79,000 -12.1% $81 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/05/2024 12/05/24 Price Changed $89,900 -5.3% $92 / Sq Ft
11/26/2024 11/26/24 For Sale $94,900 +20.1% $97 / Sq Ft
11/26/2024 11/26/24 Off Market $79,000 -- --
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 $1,572 $24,590 $6,880 $17,710
2023 $1,572 $22,760 $6,370 $16,390
2022 $1,498 $21,050 $5,890 $15,160
2021 $1,316 $19,050 $5,580 $13,470
2020 $1,268 $18,170 $5,320 $12,850
2019 $1,235 $17,550 $5,140 $12,410
2018 $1,206 $16,620 $4,870 $11,750
2017 $1,209 $16,290 $4,770 $11,520
2016 $1,062 $13,590 $3,490 $10,100
2015 $991 $13,240 $3,400 $9,840
2014 $991 $13,240 $3,400 $9,840
2013 $991 $13,240 $3,400 $9,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24073396

MARIS MLS

APN: 13-2-21-34-13-301-003