NOT LISTED FOR SALE

514 S Morrison Ave Collinsville, IL 62234

Estimated Value: $96,000 - $105,000

4 Beds
2 Baths
1,583 Sq Ft
$64/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $95,000 $60 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $712/month

28 Days on Market

Highlights

  • Traditional Architecture
  • High Ceiling
  • Forced Air Heating System
  • Corner Lot
  • Adjoins Government Land
  • Dining Room

About This Home

As of November 2024

Nestled in the heart of downtown Collinsville and minutes from interstate access, this versatile duplex offers a unique opportunity with a great view of the historic World's Largest Catsup Bottle! Whether you're an investor, a homeowner looking for rental income, or need a layout perfect for caregiving, this property offers flexible living spaces to suit your needs. Current layout combines both sides with the partition wall removed, but can be restored for a true duplex. Each side has own electric meter. The basement is great for projects with workbenches, pegboard walls, lots of electrical outlets, and great lighting. Side A features a 1 BR, 1 BTH layout with a large kitchen, pantry, and a flexible dining/multi-purpose room. Basement access for side A is from the outside.
Side B: 3 BR (2u,1m), kitchen, dining/multi-purpose room, full bath, and inside access to basement. New carpet and laminate floors add fresh updates to the main level. City Occupancy will be passed.

Last Agent to Sell the Property

Melanie Phillips

Berkshire Hathaway HomeServices Select Properties License #475122234 Listed on: 09/27/2024

Berkshire Hathaway HomeServices Select Properties

Last Buyer's Agent

Jessica Gratzl

Keller Williams Pinnacle License #475160805

Keller Williams Pinnacle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,989

Year Built

  • Built in 1920

Lot Details

  • Adjoins Government Land
  • Corner Lot

Home Design

  • Traditional Architecture
  • Aluminum Siding
  • Radon Mitigation System

Interior Spaces

  • 1,583 Sq Ft Home
  • 1.5-Story Property
  • High Ceiling
  • Insulated Windows
  • Tilt-In Windows
  • Six Panel Doors
  • Dining Room

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • Driveway
  • Off-Street Parking

Schools

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

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Cistern

Listing and Financial Details

  • Assessor Parcel Number 13-2-21-34-13-301-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,989

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Cross Street: Loop Street
  • Year Built: 1920
  • Directions: 159 to address
  • Property Sub-Type: Residential
  • ResoLotFeatures: Adjoins Government Land, Corner Lot, Sidewalks
  • Co List Office Phone: 6554100
  • Subdivision Name: n/a
  • Above Grade Finished Sq Ft: 1583
  • Architectural Style: Traditional
  • Carport Y N: No
  • Reso Fireplace Features: None
  • Unit Levels: One and One Half
  • Reso Window Features: Six Panel Door(s), Some Insulated Wndws, Some Tilt-In Windows
  • Age: 104
  • Style Description: Bungalow / Cottage
  • MAR_RoomFloorCovering: Laminate
  • MAR_RoomFloorCovering: Vinyl
  • MAR_RoomFloorCovering: Vinyl
  • MAR_RoomFloorCovering: Laminate
  • MAR_RoomFloorCovering: Carpeting
  • MAR_RoomFloorCovering: Carpeting
  • MAR_RoomFloorCovering: Carpeting
  • MAR_RoomFloorCovering: Carpeting
  • MAR_RoomFloorCovering: Carpeting
  • MAR_RoomFloorCovering: Carpeting
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Full, Radon Mitigation System, Unfinished, Walk-Out Access
  • Interior Amenities: High Ceilings
  • Appliances: Dishwasher, Electric Oven
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Main Level Bathrooms: 2
  • Fireplace Location: None

Beds/Baths

  • Bedroom Description: Main Floor Primary

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: Unknown, Sellers Discl. Avail
  • Construction Type: Aluminum Siding

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Off Street
  • Driveway: Concrete

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Cistern, Public

Condo/Co-op/Association

  • Association Fee Frequency: None

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: 65.36 x 83 Irreg.
  • Parcel Number: 13-2-21-34-13-301-004

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1989
  • Prop Asses Cty Tx: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Nov 13, 2024
Sold by
Denlinger Ryan A and Dennis Denlinger Estate Dennis Denlinger Esta
Bought by
Urquia Investments Llc
Seller's Agent
Melanie Phillips
Berkshire Hathaway HomeServices Select Properties
Buyer's Agent
Jessica Gratzl
Keller Williams Pinnacle
List Price
$108,000
Sold Price
$95,000
Premium/Discount to List
-$13,000
-12.04%
Views
100
Current Estimated Value
$102,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,011
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
Jan 6, 2020
Sold by
Anderson William J and Anderson Lindsay R
Bought by
Denlinger Dennis

Purchase Details

Listed on
May 16, 2017
Closed on
Jun 9, 2017
Sold by
Andersen William J and Andersen Lindsay R
Bought by
Andersen William J and Andersen Lindsay R
Seller's Agent
Sandra Eldridge
Hartmann Realtors, Inc
Buyer's Agent
Kara Stewart
All City Realty Group
List Price
$59,900
Sold Price
$59,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%

Purchase Details

Closed on
Dec 29, 2004
Sold by
Genard Al and Genard Vicki
Bought by
Buettner Lyle and Buettner Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,250
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Urquia Investments Llc $95,000 Metro Title & Escrow Co
Denlinger Dennis $24,500 None Available
Andersen William J -- Abstracts & Titles
Andersen William J $60,000 Abstracts & Titles
Buettner Lyle $66,500 Abstracts & Titles Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buettner Lyle $66,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Sold $95,000 -12.0% $60 / Sq Ft
10/25/2024 10/25/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $108,000 +13.7% $68 / Sq Ft
09/19/2024 09/19/24 Off Market $95,000 -- --
06/09/2017 06/09/17 Sold $59,900 0.0% $40 / Sq Ft View Prior Sale
05/20/2017 05/20/17 Pending -- -- --
05/16/2017 05/16/17 For Sale $59,900 -- $40 / 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 $2,086 $32,630 $5,030 $27,600
2023 $2,086 $30,210 $4,660 $25,550
2022 $1,988 $27,940 $4,310 $23,630
2021 $1,395 $26,190 $4,080 $22,110
2020 $1,326 $24,990 $3,890 $21,100
2019 $1,276 $24,140 $3,760 $20,380
2018 $1,235 $22,870 $3,570 $19,300
2017 $1,664 $22,420 $3,500 $18,920
2016 $1,183 $15,140 $710 $14,430
2015 $1,103 $14,740 $690 $14,050
2014 $1,103 $14,740 $690 $14,050
2013 $1,103 $14,740 $690 $14,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24059752

MARIS MLS

APN: 13-2-21-34-13-301-004