NOT LISTED FOR SALE

701 Madison St Gillespie, IL 62033

Estimated Value: $86,000 - $94,000

2 Beds
1 Bath
1,000 Sq Ft
$89/Sq Ft Est. Value

Last Sold July 17, 2019

Last sale price $22,500 $22 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $504/month

40 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Ben-Gil Elementary School Rated 9+
  • 1-Story Property

About This Home

As of July 2019

Great starter home of investment property. This cute 2 bedroom 1 bath home sits on a large corner lot one block off of Route 4. Large bedrooms, original hardwood floors under carpets and spacious living room are just a few of the awesome features of this home. Investor? This is what you've been looking for! Sold as is, seller will not make any repairs.

Last Agent to Sell the Property

Larry Pence

Century 21 Reid Baugher Realty License #475.158163 Listed on: 06/05/2019

Century 21 Reid Baugher Realty

Last Buyer's Agent

Debbie Rossetto

Century 21 Reid Baugher Realty License #475.126686

Century 21 Reid Baugher Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 52x128
  • Corner Lot

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Crawl Space

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
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 10-001-441-00

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Bungalow / Cottage
  • Special Description: No Exemptions
  • Age: 69
  • Ownership: Private
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Space/Crawl or Other
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Total Living Area: 1000.00
  • Bathrooms: 1.00
  • Bedrooms: 2.00
  • Room Cnt: 6
  • Square Footage: 1000
  • 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

  • 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: Corner Lot
  • Lot Dimensions: 52x128

Tax Info

  • Taxes Paid: 887
  • Taxes Paid Year: 2018
  • Assessor Parcel Number: 10-001-441-00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jul 17, 2019
Sold by
Heinz Edward and Heinz Fred
Bought by
Wilson Lisel M
Seller's Agent
Larry Pence
Century 21 Reid Baugher Realty
Buyer's Agent
Debbie Rossetto
Century 21 Reid Baugher Realty
List Price
$29,900
Sold Price
$22,500
Premium/Discount to List
-$7,400
-24.75%
Current Estimated Value
$88,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,472
Avg. Annual Appreciation
23.43%

Purchase Details

Closed on
Mar 13, 2019
Sold by
Newingham Sylvia S and Kathy Joann Heinz Estate
Bought by
Heinz Edwar and Lucca Pamela

Purchase Details

Closed on
Sep 28, 1994
Bought by
Newingham Ned
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
Wilson Lisel M $22,500 Community Title & Escrow
Heinz Edwar -- Quality Title
Newingham Sylvia S $28,500 Quality Title
Newingham Ned $16,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2019 07/17/19 Sold $22,500 -10.0% $23 / Sq Ft
06/24/2019 06/24/19 Price Changed $25,000 -16.4% $25 / Sq Ft
06/05/2019 06/05/19 For Sale $29,900 -- $30 / 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 $507 $15,809 $2,109 $13,700
2023 $459 $14,638 $1,953 $12,685
2022 $456 $13,680 $1,825 $11,855
2021 $356 $20,785 $1,706 $19,079
2020 $895 $11,948 $1,594 $10,354
2019 $899 $11,379 $1,518 $9,861
2018 $892 $11,379 $1,518 $9,861
2017 $897 $11,156 $1,488 $9,668
2016 $891 $11,156 $1,488 $9,668
2015 $906 $11,156 $1,488 $9,668
2014 $904 $11,156 $1,488 $9,668
2013 $907 $12,107 $1,615 $10,492
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Larry Pence

    Century 21 Reid Baugher Realty

    (217) 324-5286

    8 Total Sales

    Larry Pence
    Section Image

  • D

    Buyer's Agent in 2019

    Debbie Rossetto

    Century 21 Reid Baugher Realty

    Section Image
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Map

Source: MARIS MLS

MLS Number: MIS19040603

MARIS MLS

APN: 10-001-441-00

Illinois Macoupin County Gillespie 62033

701 Madison St, Gillespie, IL

Not Listed for Sale

Detached

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