4 months on rocket

1216 Olive St, Collinsville, IL, 62234

$135,000

Home List Price

$1,603*

Closing Credit

4 Bedrooms
2 Full Baths
1,500 SqFt
$90/SqFt
House

Location

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1216 Olive St, Collinsville$135,000

Buyer Closing Credits

$1,603*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOff Street
Year Built1960
HeatingForced Air
CoolingElectric
BasementYes
FireplaceGas
MLS #24040404
Lot Size0.17 Acres
StatusActive

About 1216 Olive St

Such potential in this adorable home! Total of 4 bedrooms (one is non-conforming) & 2 baths. This home is ready for your touches and ideas! Close to Woodland Park & amenities! Cute front yard w/curb appeal. On the main level you will find the cozy living room w/gas fireplace and large eat in kitchen with three bedrooms & one bath. Downstairs in the walkout basement there is one non-conforming bedroom, a second full bath, utility/laundry room and extra bonus space to use as a family room or walk in closet. Lots of space in the large backyard. This one has the potential to be two living spaces! Seller does not guarantee gas fireplace in living room. Old leak on one basement wall was never repaired & estimate is in supplements. Seller will not do repairs or provide occupancy permit. Contact your favorite agent & check out the possibilities in this property today!

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Living Area: 1,500 SqFt

Listing Office:

  • Office Name: Keller Williams Marquee

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Electric

Other

Directions Information:

  • Directions: Vandalia to California to Olive or use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $135,000
  • Price Per SqFt: $90/SqFt

Tax Information:

  • Annual Amount: $1,347
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Collinsville, IL.

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Collinsville, IL

City

Med. Sold Price

$180K

Med. Price/SqFt

$114

Avg. Days On Market

33

# of Sold Homes

37

1216 Olive St vs Collinsville

140 DAYS ON ROCKET

+107 Days

$135,000

-$45K Less

$90/SqFt

-$24 Less

KEY TAKEAWAY

This property is $45K less than the Median Sold Price and $24/SqFt less than other homes in Collinsville, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MARIS
  • MLS Number: #24040404

Listing Office:

  • Office Name: Keller Williams Marquee

IDX Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/13/2024, 11:53:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,347$30,300
2019$1,379$29,270
2018$1,379$24,870
2017$1,372$24,870

History based on county public records data.

Payment Calculator

$741

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$471

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-49225
6
/10

  • Dorris Intermediate School

  • 1841 Vandalia St

  • 0.76 miles

  • Public District Grades 5-6

school-card-donut-49226
5
/10

  • Renfro Elementary School

  • 311 Camelot Dr

  • 0.78 miles

  • Public District Grades EE-4

school-card-donut-49227
7
/10

  • Webster Elementary School

  • 108 W Church St

  • 1.39 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,350. The majority of Collinsville, IL residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1216 Olive St

What is the listing price of this property?

The listing price of 1216 Olive St property is $135,000.

What type of property is this?

The property 1216 Olive St is a house located in Collinsville, Illinois, 62234.

Is this property for sale now?

Active Listing: 1216 Olive St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,347 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1216 Olive St has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1216 Olive St is 1,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1216 Olive St is 1960.

Rocket Homes›Illinois›Madison County›Collinsville›62234›1216 Olive St

This home is located at 1216 Olive St in Collinsville, IL and zip code 62234. This 1,500 square foot home, which was built in 1960, sits on a 0.17 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $135,000.

While more than 14 listings in Collinsville, IL in October 2024 were sold above asking price, there were more than 8 listings sold at asking price, and more than 15 were sold below. The inventory of homes for sale in Collinsville, IL between September 2024 and October 2024 decreased by 1%. In October 2024 median list price was $180,000 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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