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2557 Edison Avenue

2557 Edison Avenue, Granite City, IL 62040
Sold Aug 14, 2020
$82,000
$80,514 by Bank Of America
Mortgage
Sold Mar 30, 2016
$79,500
$78,059 by Quicken Loans Inc
Mortgage Due Apr 01, 2046
Local assessors in Granite City, IL have categorized 2557 Edison Avenue as a residential type of property. The home was built in 1946 and is 78 years old. The property's lot size has been calculated to be 6,250 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2557 Edison Avenue has a total of 954 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 336 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Aug 13, 2020 for $82,000. That's $85.95 per sqft. Prior to that sales transaction, the property was also sold in Mar 24, 2016 for $79,500. 2557 Edison Avenue was last assessed in 2022. The total value of the property was assessed at $27,530. Specifically, the land the property is located on was valued at $3,060. While improvements on the property were assessed at a total of $24,470. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,754. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Venner Exterior

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1946
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 336
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 954
  • Building Area: 954
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 954
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FERDINAND PLACE
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FERDINAND PLACE LOT 30 50X125

Ownership

  • Current Owner : LEWIS WALTER L
  • Previous Owner : ASPERGER JACOB
  • Previous Owner 2: ASPERGER HEATHER E
  • Owner Before Previous Owner: BOLT SUNNY S
  • Owner Before Previous Owner 2: DOYLE KEVIN
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jun 14, 2023

Neighborhood

  • School District Name: Granite City Community Unit School District 9
  • School Tax School District: S09
  • Census Tract: 400102

Geography

  • District: 22
  • Parcel: 22-2-20-18-11-204-033
  • Lot: 30
  • Municipality: GRANITE CITY
  • Latitude: 38.711
  • Longitude: -90.1373

    Address

  • Full Address: 2557 Edison Ave
  • Address - House Number: 2557
  • Address - Street Name: Edison
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Granite City
  • Carrier Code: C024
  • 4-Digit Zip Code: 4844
  • Zip Code: 62040

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,754
  • Tax Rate Code Area: 195

    Appraisal Valuation

  • Standard Deviation: 0.1375
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 86,996
  • High Value: 98,962
  • Low Value: 75,029

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,514
  • First Open Lien Mortgage Lender: BANK OF AMERICA
  • First Open Lien Mortgage Recording Date: Aug 14, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $80,514
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $82,590
  • Market Land Value: $9,180
  • Market Improvement Value: $73,410

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,530
  • Assessed Land Value: $3,060
  • Assessed Improvements Value: $24,470

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 14, 2020
  • Current Sale Transaction ID: 11783969275
  • Current Sale Price: $82,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R28127
  • Previous Sale Recording Date: Mar 30, 2016
  • Previous Sale Contract Date: Mar 24, 2016
  • Previous Sale Amount: $79,500
  • Previous Sale Document Type: Joint Tenancy Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA
  • First Mortgage Transaction Date: Aug 14, 2020
  • First Mortgage Loan Amount: $80,514
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Mar 30, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $78,059
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About Granite City



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Frequently Asked Questions

What neighborhood is 2557 Edison Avenue located in?
The 2557 Edison Avenue is a house located in the neighborhood of Granite City in Granite City, Granite City.
What is the average sales price for listings in 2557 Edison Avenue?
The average sales price for units in 2557 Edison Avenue is $82,500 , or $42/sqft. currently.

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