NOT LISTED FOR SALE

7504 Melba Ln Belleville, IL 62223

Estimated Value: $129,000 - $151,000

2 Beds
1 Bath
1,152 Sq Ft
$122/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $25,000 $22 Per Sq Ft

Est. 463% increase in value since last sale

Current estimated payment $951/month

40 Days on Market

Highlights

  • Wooded Lot
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of December 2020

Looking for that diamond in the rough? This two bedroom ranch situated on a wooded walkout lot has great bones, tons of charm, is priced to sell, and has so much potential! Property is being sold "as-is, where-is". Seller to make no repairs. Buyer to complete occupancy inspection and requirements. Don't miss this great investment opportunity- schedule a tour today!

Last Agent to Sell the Property

Beth Ortega

RE/MAX Preferred License #475155390 Listed on: 10/27/2020

RE/MAX Preferred

Last Buyer's Agent

Michael Santanello

Strano & Associates License #475135482

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,564

Year Built

  • Built in 1948

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75.65 x 204.8 x 76.2 x 208.5
  • Wooded Lot
  • Backs to Trees or Woods

Home Design

  • Ranch Style House
  • Traditional Architecture

Interior Spaces

  • 1,152 Sq Ft Home
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Off-Street Parking

Schools

  • Harmony Emge Dist 175 Elementary And Middle School
  • Belleville High School-West

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 07-01.0-403-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,564

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Ranch
  • Cross Street: Lakewood Dr
  • Special Description: Owner Occupied
  • Age: 72
  • Ownership: Private
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Walk-Out
  • Bedroom Types: Main Floor Master
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Total Living Area: 1152.00
  • Bathrooms: 1.00
  • Bedrooms: 2.00
  • Square Footage: 1152
  • Total Full Baths: 1

Exterior Features

  • Architecture: Traditional

Garage/Parking

  • Carport Spaces: 1
  • Parking: Off Street

Utilities

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

Schools

  • School District: Harmony Emge DIST 175
  • Elementary School: Harmony Emge DIST 175
  • Middle School: Harmony Emge DIST 175
  • High School: Belleville High School-West
  • Elementary School: Harmony Emge DIST 175
  • Junior High School: Harmony Emge DIST 175
  • School District: Harmony Emge DIST 175
  • Senior High School: Belleville High School-West

Lot Info

  • Lot Description: Backs to Trees/Woods, Streetlights, Wooded
  • Lot Dimensions: 75.65 x 204.8 x 76.2 x 208.5
  • Lot Sq Ft: 14941
  • Acres: 0.3430

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 1889
  • Taxes Paid Year: 2019
  • Assessor Parcel Number: 07-01.0-403-010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Dec 7, 2020
Sold by
Burton Daniel
Bought by
Jasper Neil
Seller's Agent
Beth Ortega
RE/MAX Preferred
Buyer's Agent
Michael Santanello
Strano & Associates
List Price
$45,000
Sold Price
$25,000
Premium/Discount to List
-$20,000
-44.44%
Current Estimated Value
$140,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,787
Avg. Annual Appreciation
42.40%

Purchase Details

Closed on
Aug 6, 2004
Sold by
Burton Daniel and Breakfield Jamie
Bought by
Burton Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,171
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2003
Sold by
Siekmann Kathryn E and Siekmann Irenaeus J
Bought by
Burton Daniel and Breakfield Jami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,550
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Jasper Neil $25,000 Advantage Title Sln Inc
Burton Daniel -- Fatic
Burton Daniel $79,500 Abstracts & Titles Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burton Daniel $74,171
Previous Owner Burton Daniel $71,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold $25,000 -37.5% $22 / Sq Ft
11/11/2020 11/11/20 Price Changed $40,000 -11.1% $35 / Sq Ft
10/27/2020 10/27/20 For Sale $45,000 -- $39 / 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 $2,564 $36,515 $9,214 $27,301
2023 $2,343 $32,763 $8,267 $24,496
2022 $2,174 $29,731 $7,502 $22,229
2021 $2,053 $27,603 $6,965 $20,638
2020 $1,851 $24,713 $6,776 $17,937
2019 $1,834 $24,713 $6,776 $17,937
2018 $1,755 $23,615 $6,475 $17,140
2017 $1,602 $21,993 $6,030 $15,963
2016 $1,509 $21,094 $5,728 $15,366
2014 $1,380 $21,215 $5,761 $15,454
2013 $917 $22,634 $6,146 $16,488
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS20077624

MARIS MLS

APN: 07-01.0-403-010