#25022657, Listing Office: Century 21 Bailey & Company
508 Margaret Ave Granite City, IL 62040
Property details
About 508 Margaret Ave
This property may qualify for a 5k grant from multiply lenders. Ask your favorite agent to check out this program for you. Ranch style home in Mitchell, many updates, great starter or down size home. Owner has installed in 2023 new shower enclosure new toilet and new vanity. Then installed 6ft wooden privacy fence around back. Built in corner china cabinet, main level laundry/ electric dryer, 6x10 shed. Don't miss this one!
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Electric Oven, Refrigerator
- Basement: No
- Interior: Bookcases
- Fireplace: None
- Total Bedroom Count: 2
- Attached Garage: No
- Private Pool: No
- Parking: Rear/Side Entry
- Architectural Style: Contemporary
- Heating: Forced Air
- Cooling: Electric
- List Price: $74,900
- Price/SqFt: $83
- Annual Tax Amount: $205
- Tax Year: 2023
- Lot: Fencing
- Directions: hwy 203 ro Nameoki Rd to Lenox to Margaret
- Year Built: 1936
- Living Area: 900 SqFt
- Lot Size: 0.155 Acres
- MLS Number: 24078868
- MLS Name: MARIS
- Office Name: Century 21 Bailey & Company
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Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
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Last updated on: 5/6/2025, 4:08:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$74,900
508 Margaret Ave
$889
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 28, 2022 | Home Sold | $31,000 |
Jan 04, 2005 | Home Sold | $44,000 |
Aug 30, 1999 | Home Sold | $44,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $11,510 | $205 |
2022 | $10,030 | $283 |
2021 | $9,480 | $251 |
2020 | $8,950 | $213 |
History based on county public records data.
Nearby schools
4
Mitchell Elementary School
Public District KG-4
0.4 mi
•316 E Chain of Rocks Rd
2
Frohardt Elementary School
Public District KG-4
3.4 mi
•2040 Johnson Rd
6
Hartford Elementary School
Public District PK-5
4.6 mi
•110 W 2nd St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $71,983. The most common annual income of people living in Granite City, IL is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 508 Margaret Ave
The listing price of 508 Margaret Ave property is $74,900.
The property 508 Margaret Ave is a house located in Granite City, Illinois, 62040.
Active Listing: 508 Margaret Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 508 Margaret Ave are: Mitchell Elementary School (GreatSchools Rating 4/10), Frohardt Elementary School (GreatSchools Rating 2/10), Hartford Elementary School (GreatSchools Rating 6/10), Grigsby Intermediate School (GreatSchools Rating 4/10), Coolidge Junior High School (GreatSchools Rating 2/10), Roxana Junior High School (GreatSchools Rating 5/10), Granite City High School (GreatSchools Rating 2/10), Roxana Senior High School (GreatSchools Rating 5/10), Edwardsville High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $205 (source: MLS/based on county public records data).
The last sale was on April 28, 2022 for $31,000 (source: MLS/tax record).
The property at 508 Margaret Ave has 2 bedrooms and 1 bathroom.
The property 508 Margaret Ave is 900 SqFt (source: MLS/tax record).
The year of construction for 508 Margaret Ave is 1936.
This home is located at 508 Margaret Ave in Granite City, IL and zip code 62040. This 900 square foot home, which was built in 1936, sits on a 0.15 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 30, 2024 and is currently priced at $74,900.
In April 2025, from all listings sold in Granite City, IL there were more than 15 sold above asking price, over 26 sold below and more than 9 were sold right at the asked price. The number of homes for sale in Granite City, IL increased by 5.3% between March and April 2025. While the average time on the market in April 2025 was 63 days, the median list price was $125,430.