$20,500
SOLD JUL 10, 2023

602 Adams St Gillespie, IL 62033

2 Beds
1 Bath
1,140 Sq Ft
6,957 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

31% Below List Price

37 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Combination Dining and Living Room
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of March 2024

Have you been looking for a home to add to your rental portfolio? Maybe you are ready to purchase your own home. This traditional style home in Gillespie is ready for you to bring your imagination and turn into the most adorable home you can renovate. Home sits on a full basement and the kitchen area has already had the renovation process started with all the drywall removed for you. Gillespie is located just 51 miles south of Springfield, IL and just 53 miles from St Louis, MO. Easy access to highway 55 or highway 159 will take you straight into Edwardsville at 30.4 miles. Home is sold as is, seller to make no repairs, satisfy no occupancy if required. Buyer/Buyer's agent to verify all MLS information. This property is eligible under the First Look Initiative which expires after 20 full days on market. No investor offers until first look period expires. No offers regardless of buyer type will not be negotiated within the first 7 days of listing. Utilities not on nor will they be on.

Last Agent to Sell the Property

Lisa Webb

Third Street Realty License #471.020281 Listed on: 05/05/2023

Last Buyer's Agent

Lori Reid Gardner

Century 21 Reid Baugher Realty License #471.001562

Century 21 Reid Baugher Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,462

Year Built

  • Built in 1930

Lot Details

  • 6,957 Sq Ft Lot
  • Lot Dimensions are 50x139
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Gillespie Dist 7 Elementary And Middle School
  • Gillespie Community High Schoo

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 10-002-765-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,462

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Bungalow / Cottage
  • Special Description: Owner Occupied
  • Age: 93
  • Ownership: Bank
  • Year Built: 1930
  • Special Features: 1028
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Full
  • Dining Room: Dining/Living Rm Cmb
  • Kitchen: Eat-In Kitchen
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Total Living Area: 1140.00
  • Bathrooms: 1.00
  • Bedrooms: 2.00
  • Square Footage: 1140
  • Total Full Baths: 1

Exterior Features

  • Architecture: Traditional
  • Construction: Vinyl Siding

Garage/Parking

  • Parking: Off Street

Utilities

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

Schools

  • School District: GILLESPIE DIST 7
  • Elementary School: GILLESPIE DIST 7
  • Middle School: GILLESPIE DIST 7
  • High School: Gillespie Community High Schoo
  • Elementary School: GILLESPIE DIST 7
  • Junior High School: GILLESPIE DIST 7
  • School District: GILLESPIE DIST 7
  • Senior High School: Gillespie Community High Schoo

Lot Info

  • Lot Description: Level Lot
  • Lot Dimensions: 50x139
  • Lot Sq Ft: 6957
  • Acres: 0.1597

Tax Info

  • Taxes Paid: 938
  • Taxes Paid Year: 2021
  • Assessor Parcel Number: 10-002-765-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
Mar 29, 2024
Sold by
Psi Systems Of Illinois Inc and Psi Systems Of Illinois Corporation A/K/
Bought by
Schmidt Robert
Seller's Agent
Lori Reid Gardner
Century 21 Reid Baugher Realty
Buyer's Agent
Chris Seniker
RE/MAX Alliance
List Price
$95,000
Sold Price
$95,000
Views
79
Current Estimated Value
$101,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,233
Avg. Annual Appreciation
3.07%
Original Mortgage
$95,000
Outstanding Balance
$93,783
Interest Rate
7%
Mortgage Type
VA
Estimated Equity
$5,084

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 21, 2023
Sold by
Rcf 2 Acquisition Trust
Bought by
Psi Systems Of Illinois Inc
Seller's Agent
Lisa Webb
Third Street Realty
Buyer's Agent
Lori Reid Gardner
Century 21 Reid Baugher Realty
List Price
$29,900
Sold Price
$20,500
Premium/Discount to List
-$9,400
-31.44%
Views
134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
741.31%

Purchase Details

Closed on
Mar 27, 2023
Sold by
Kahl Shawn
Bought by
Us Bank Trust National Association

Purchase Details

Closed on
Apr 12, 2004
Bought by
Adams Adams W and Adams Mae
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 Type Sale Price Title Company
Warranty Deed -- Community Title
Special Warranty Deed -- Wheatland Title
Sheriffs Deed -- --
Deed $29,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,000 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $95,000 0.0% $97 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $95,000 +363.4% $97 / Sq Ft
07/10/2023 07/10/23 Sold $20,500 -31.4% $18 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $29,900 -- $26 / 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 $1,462 $23,007 $2,109 $20,898
2023 $1,462 $21,303 $1,953 $19,350
2022 $1,462 $19,909 $1,825 $18,084
2021 $938 $24,607 $1,706 $22,901
2020 $862 $23,389 $1,594 $21,795
2019 $835 $16,561 $1,518 $15,043
2018 $828 $16,561 $0 $0
2017 $479 $16,236 $1,488 $14,748
2016 $818 $16,236 $1,488 $14,748
2015 $143 $16,236 $1,488 $14,748
2014 $139 $16,236 $1,488 $14,748
2013 $132 $17,619 $1,615 $16,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS23025495

MARIS MLS

APN: 10-002-765-00