NOT LISTED FOR SALE

703 N Morrison Ave Collinsville, IL 62234

Estimated Value: $136,000 - $159,000

3 Beds
2 Baths
1,687 Sq Ft
$87/Sq Ft Est. Value

Last Sold May 18, 2015

Last sale price $59,900 $36 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $991/month

186 Days on Market

About This Home

As of May 2015

HUGE PRICE REDUCTION to $59,900 ONLY GOOD UNTIL 4-10-15. This unique 3 bedroom home sits on a corner lot. Several mechanicals including HVAC, some plumbing and more. Huge open kitchen, main floor master bedroom, open floor plan, carport and shed included. A little TLC and this could be an great investment. Access to partial basement located on side door decking.

Last Agent to Sell the Property

Doug Hartmann Jr.

Hartmann Realtors, Inc License #471000352 Listed on: 10/06/2014

Last Buyer's Agent

Kathy Kreutzberg

Legacy Realty & Auction, Llc License #471005850

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,645

Year Built

  • 1936

Lot Details

  • 5,401

Interior Spaces

  • 1,687 Sq Ft Home
  • Partial Basement

Outdoor Features

  • Deck
  • Patio

Additional Features

  • Lot Dimensions are 60x90
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,645

Year Built

1936

Lot Details

0

Listing Details

  • Municipality Township: Collinsville
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1936

Interior Features

  • Appliances: Range
  • Basement: Partial
  • Main Level Bedrooms: 1
  • Sitting Room: FB
  • Total Living Area: 1687.00

Exterior Features

  • Roof: Asphalt Shingle
  • Exterior Features: Vinyl Siding

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public
  • Water: Public

Condo/Co-op/Association

  • Amenities: Deck, Patio

Lot Info

  • Lot Dimensions: 60x90

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2014
Closed on
May 15, 2015
Sold by
Petty John and Petty Debra
Bought by
Varner Justin and Varner Ryan
Seller's Agent
Doug Hartmann Jr.
Hartmann Realtors, Inc
Buyer's Agent
Kathy Kreutzberg
Legacy Realty & Auction, Llc
List Price
$77,900
Sold Price
$59,900
Premium/Discount to List
-$18,000
-23.11%
Current Estimated Value
$146,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,442
Avg. Annual Appreciation
8.92%
Original Mortgage
$58,814
Outstanding Balance
$45,423
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$100,919

Purchase Details

Closed on
Apr 1, 2011
Sold by
Fannie Mae
Bought by
Petty Debra and Petty John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2010
Sold by
Vallone Nancy R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 4, 2005
Sold by
Hughes Christopher C and Fitch Anthony P
Bought by
Gum E Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 18, 2004
Sold by
Gibson Allen
Bought by
Hughes Christopher C and Fitch Anthony P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2003
Sold by
Barefield Lawrence and Barefield Florence
Bought by
Gibson Allen
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 Buyer Sale Price Title Company
Varner Justin $60,000 Abstracts & Titles Inc
Petty Debra $49,000 Metro Title & Escrow Co
Federal National Mortgage Association -- None Available
Gum E Gary $112,000 Abstracts & Titles Inc
Hughes Christopher C $92,500 Abstracts & Titles Inc
Gibson Allen -- Abstracts & Titles Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varner Justin $58,814
Previous Owner Petty Debra $36,000
Previous Owner Gum E Gary $112,000
Previous Owner Hughes Christopher C $74,000
Closed Hughes Christopher C $18,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2015 05/18/15 Sold $59,900 -23.1% $36 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
10/06/2014 10/06/14 For Sale $77,900 -- $46 / 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 $2,645 $47,380 $4,780 $42,600
2023 $2,645 $43,850 $4,420 $39,430
2022 $2,491 $39,600 $3,960 $35,640
2021 $2,155 $37,200 $3,720 $33,480
2020 $2,058 $35,490 $3,550 $31,940
2019 $1,990 $34,280 $3,430 $30,850
2018 $816 $17,100 $4,870 $12,230
2017 $807 $16,760 $4,770 $11,990
2016 $841 $16,760 $4,770 $11,990
2015 $773 $16,330 $4,650 $11,680
2014 $773 $16,330 $4,650 $11,680
2013 $773 $16,330 $4,650 $11,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS4314134

MARIS MLS

APN: 13-2-21-28-16-402-020