NOT LISTED FOR SALE

8 Terrace Ln Granite City, IL 62040

Estimated Value: $243,382 - $259,000

4 Beds
3 Baths
2,306 Sq Ft
$110/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $147,900 $64 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,796/month

38 Days on Market

Highlights

  • 32,147 Sq Ft lot
  • Traditional Architecture
  • Entrance Foyer
  • Dining Room with Fireplace
  • 2 Car Attached Garage
  • Fenced

About This Home

As of June 2016

Beautiful brick ranch in the lovely Oaklawn Terrace Subdivision for sale! You will fall in love with all the features this 4 bedroom 2 .5 bath home provides. The large sunken living room has large window to allow in plenty of natural light, Formal dining room features wood burning fireplace and leads to the eat in kitchen with ample cabinet and counter space. More features include, Main floor laundry, hardwood floors, some new carpet and vinyl flooring, fresh paint throughout including the basement, tons of closets, Jacuzzi tub , dual zoned heating and cooling with high efficiency features (new in 2008), kitchen appliances stay, roof approx.. 3 years old, new concrete patio/sidewalk, and so much more! Call today this home will not last long!

Last Agent to Sell the Property

Ginger Blasingame

Keller Williams Marquee License #471009370 Listed on: 03/28/2016

Keller Williams Marquee

Last Buyer's Agent

Zak Dittamore

RE/MAX Alliance License #z07051992d

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,597

Year Built

  • 1961

Lot Details

  • 0.74 Acre Lot
  • Backs To Open Common Area
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 4 Main Level Bedrooms
  • 2,306 Sq Ft Home
  • Wood Burning Fireplace
  • Entrance Foyer
  • Dining Room with Fireplace
  • Formal Dining Room
  • Partial Basement

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,597

Year Built

1961

Lot Details

0

Parking

2

Listing Details

  • Municipality Township: Granite City
  • Special Areas: Entry Foyer
  • Special Description: Tax Exemptions
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Fireplaces: 1
  • Basement: Partial
  • Dining Room: Separate Dining
  • Fireplace Location: Dining Room
  • Fireplace Type: Woodburning Fireplce
  • Main Level Bedrooms: 4
  • Main Full Bathrooms: 2
  • Main Half Bathrooms: 1
  • Total Living Area: 2306.00

Exterior Features

  • Architecture: Traditional

Garage/Parking

  • Garage Spaces: 2
  • Parking: Attached Garage

Utilities

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

Lot Info

  • Lot Description: Backs to Comm. Grnd, Fencing
  • Lot Dimensions: 210.7 x 152.5 irr
  • Lot Sq Ft: 32147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2016
Closed on
Jun 17, 2016
Sold by
Lee Franklin A and Lee Franklin
Bought by
Busch Tori
Seller's Agent
Ginger Blasingame
Keller Williams Marquee
Buyer's Agent
Zak Dittamore
RE/MAX Alliance
List Price
$154,900
Sold Price
$147,900
Premium/Discount to List
-$7,000
-4.52%
Current Estimated Value
$252,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,946
Avg. Annual Appreciation
5.89%
Original Mortgage
$145,220
Outstanding Balance
$114,820
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$138,026

Purchase Details

Closed on
Jan 27, 2016
Sold by
Lee Franklin P and Lee Earline
Bought by
Lee Franklin A

Purchase Details

Closed on
Aug 20, 2004
Sold by
Sollberger Dennis D and Sollberger Terrie L
Bought by
Lee Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Busch Tori $148,000 Attorney
Lee Franklin A -- None Available
Lee Franklin $119,000 Metro Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Busch Tori $145,220
Previous Owner Lee Franklin $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2016 06/17/16 Sold $147,900 -4.5% $64 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
03/28/2016 03/28/16 For Sale $154,900 -- $67 / 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 $5,597 $70,220 $11,030 $59,190
2023 $5,597 $63,290 $9,940 $53,350
2022 $5,456 $57,990 $9,110 $48,880
2021 $5,004 $54,380 $8,540 $45,840
2020 $4,860 $51,940 $8,160 $43,780
2019 $4,657 $48,970 $9,170 $39,800
2018 $4,526 $47,540 $8,900 $38,640
2017 $4,440 $49,300 $9,230 $40,070
2016 $4,551 $49,300 $9,230 $40,070
2015 $4,585 $54,380 $9,230 $45,150
2014 $4,585 $54,380 $9,230 $45,150
2013 $4,585 $54,380 $9,230 $45,150
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MARIS MLS

MLS Number: MIS16019667

MARIS MLS

APN: 22-2-20-08-07-202-017