NOT LISTED FOR SALE

523 Burroughs Ave Collinsville, IL 62234

Estimated Value: $110,000 - $140,000

2 Beds
1 Bath
866 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $30,000 $35 Per Sq Ft

Est. 326% increase in value since last sale

Current estimated payment $837/month

95 Days on Market

About This Home

As of October 2020

DEAL FELL THROUGH! Near the heart of Collinsville but away from the traffic, this 2 bedroom bungalow is just waiting for a new owner. Priced generously to sell quickly, this house just needs a little work to become your new HOME! Don't delay! This house will sell quickly! See attachment for PAS requirements and WFHM offer submittal information in MLS document section. Please submit all offers to the listing broker/agent. To report any concerns with a listing broker/agent, or to report any property condition or other concern needing escalation (including concerns related to a previously submitted offer), please refer to the attachment for contact information. Property sold AS-IS, where is, with all faults. All information is deemed reliable, but not guaranteed. All MLS information should be verified by the buyer or buyer’s agent.

Last Agent to Sell the Property

Shari Kindle

Sunshine Realty Solutions License #471013458 Listed on: 05/10/2020

Last Buyer's Agent

Kayla Keck

Nester Realty License #475.178022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Ranch Style House

Interior Spaces

  • 866 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 13-2-21-27-17-304-005

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Ranch
  • Special Description: Owner Occupied
  • Age: 80
  • Ownership: Bank
  • Year Built: 1940
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Full, Unfinished
  • Lower Level Bedrooms: 1
  • Main Level Bedrooms: 1
  • Main Full Bathrooms: 1
  • Total Living Area: 866.00
  • Bathrooms: 1.00
  • Bedrooms: 2.00
  • Square Footage: 866
  • Total Full Baths: 1

Garage/Parking

  • Parking: Off Street

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Heating: Forced Air

Schools

  • Elementary School: COLLINSVILLE DIST 10
  • Junior High School: COLLINSVILLE DIST 10
  • School District: Collinsville DIST 10
  • Senior High School: Collinsville

Lot Info

  • Lot Dimensions: 50x138.6 irr
  • Lot Sq Ft: 6970
  • Acres: 0.1600

Tax Info

  • Taxes Paid: 1360
  • Taxes Paid Year: 2018
  • Assessor Parcel Number: 13-2-21-27-17-304-005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2025
Sold by
Kniepkamp Kyle and Kniepkamp Leanne Jean
Bought by
Boyer Leanne Jean and Kniepkamp Gabrielle
Current Estimated Value
$127,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Outstanding Balance
$79,722
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$48,198

Purchase Details

Listed on
May 10, 2020
Closed on
Sep 4, 2020
Sold by
Us Bank Na
Bought by
Kniepkamp Kyle and Kniepkamp Leanne
Seller's Agent
Shari Kindle
Sunshine Realty Solutions
Buyer's Agent
Kayla Keck
Nester Realty
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.42%
Original Mortgage
$50,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2020
Sold by
Judicial Sales Corp
Bought by
Us Bank Na

Purchase Details

Closed on
Sep 6, 2005
Sold by
Campbell William F
Bought by
Linhart Alvin C and Linhart Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.58%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boyer Leanne Jean -- None Available
Boyer Leanne Jean -- None Available
Kniepkamp Kyle $30,000 Boston National Title Agency
Us Bank Na -- None Available
Linhart Alvin C -- Freedom Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyer Leanne Jean $80,000
Previous Owner Kniepkamp Kyle $50,000
Previous Owner Linhart Alvin C $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2020 10/07/20 Sold $30,000 0.0% $35 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $30,000 0.0% $35 / Sq Ft
07/30/2020 07/30/20 Off Market $30,000 -- --
07/10/2020 07/10/20 For Sale $30,000 0.0% $35 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
05/10/2020 05/10/20 For Sale $30,000 -- $35 / Sq Ft
Source: MARIS MLS

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 $1,963 $30,700 $4,780 $25,920
2023 $1,963 $28,410 $4,420 $23,990
2022 $1,870 $25,560 $3,960 $21,600
2021 $1,659 $24,010 $3,720 $20,290
2020 $1,599 $22,910 $3,550 $19,360
2019 $1,557 $22,130 $3,430 $18,700
2018 $1,360 $18,740 $3,570 $15,170
2017 $1,363 $18,370 $3,500 $14,870
2016 $1,436 $18,370 $3,500 $14,870
2015 $366 $17,890 $3,410 $14,480
2014 $366 $17,890 $3,410 $14,480
2013 $366 $17,890 $3,410 $14,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20030790

MARIS MLS

APN: 13-2-21-27-17-304-005

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