J
Seller's Agent in 2024
Jacque Combs
RE/MAX Professionals
80 Total Sales
100 Outer Park Dr Springfield, IL 62704
Estimated Value: $968,363
--
Bed
--
Bath
15,360
Sq Ft
$63/Sq Ft
Est. Value
Highlights
- Corner Lot
- Multiple cooling system units
- High Speed Internet
- Two Heating Systems
- Hot Water Heating System
About This Home
As of October 2024COMING SOON!!! Showings start 8/19/2024 Discover an exceptional investment opportunity with this well-maintained 16-unit apartment building, perfectly positioned in Springfield's desirable west side. Each spacious unit features 2 bedrooms and 1 bathroom, offering comfort and convenience for residents. Prime Location: Situated in a convenient west side neighborhood with easy access to major interstate highways, making commutes and travel a breeze. Proximity to Amenities: Enjoy close proximity to Springfield's vibrant medical district, providing residents with quick access to healthcare facilities. Plus, a wealth of shopping, dining, and entertainment options are just around the corner. Modern Living: Each apartment is thoughtfully designed with functional layouts, providing ample living space and storage solutions. Investment Potential: With a strong rental market in this sought-after area, this property promises steady income and long-term value. Don't miss out on this fantastic opportunity to own a profitable apartment building in one of Springfield’s most convenient and growing areas. Contact us today to schedule a viewing and explore the potential of this prime investment property.
Last Agent to Sell the Property
RE/MAX Professionals Brokerage Phone: 217-416-7995 License #475194287 Listed on: 08/13/2024
Last Buyer's Agent
RE/MAX Professionals Brokerage Phone: 217-416-7995 License #475194287 Listed on: 08/13/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,532
Year Built
- Built in 1972
Lot Details
- Lot Dimensions are 150x130
- Corner Lot
- Level Lot
Home Design
- 15,360 Sq Ft Home
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Parking
- 16 Parking Spaces
- Parking Pad
Schools
- Springfield Southeast High School
Utilities
- Multiple cooling system units
- Two Heating Systems
- Forced Air Heating System
- Hot Water Heating System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- Trash Expense $1,800
Listing and Financial Details
- Tenant pays for gas & electric
- Assessor Parcel Number 22-04.0-454-035
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2024
Closed on
Oct 1, 2024
Sold by
S Z Property Group Llc
Bought by
Bin Estate Inc
Seller's Agent
Jacque Combs
RE/MAX Professionals
Buyer's Agent
Jacque Combs
RE/MAX Professionals
List Price
$935,000
Sold Price
$890,000
Premium/Discount to List
-$45,000
-4.81%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,363
Avg. Annual Appreciation
6.93%
Original Mortgage
$667,500
Outstanding Balance
$477,111
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$491,252
Purchase Details
Listed on
Sep 28, 2021
Closed on
Nov 9, 2021
Sold by
Hp Rentals Llc
Bought by
Sangamon County Realty Advisors Llc
Seller's Agent
Kyle Killebrew
The Real Estate Group, Inc.
Buyer's Agent
Kyle Killebrew
The Real Estate Group, Inc.
List Price
$540,000
Sold Price
$535,000
Premium/Discount to List
-$5,000
-0.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.04%
Original Mortgage
$568,000
Interest Rate
4%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 3, 2012
Purchase Details
Closed on
Mar 27, 2010
Purchase Details
Closed on
Sep 18, 2009
Purchase Details
Closed on
Sep 15, 2009
Purchase Details
Closed on
Jun 23, 2003
Purchase Details
Closed on
Mar 30, 1999
Purchase Details
Closed on
Apr 24, 1998
Purchase Details
Closed on
Apr 5, 1995
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bin Estate Inc | $890,000 | Illinois Real Estate Title | |
| Sangamon County Realty Advisors Llc | $535,000 | Barber Segatto Hoffee Wilke & | |
| -- | -- | -- | |
| -- | -- | -- | |
| -- | $460,000 | -- | |
| -- | -- | -- | |
| -- | $470,000 | -- | |
| -- | $405,000 | -- | |
| -- | -- | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bin Estate Inc | $667,500 | |
| Previous Owner | Sangamon County Realty Advisors Llc | $568,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/01/2024 10/01/24 | Sold | $890,000 | -4.8% | $58 / Sq Ft | |
| 08/19/2024 08/19/24 | Pending | -- | -- | -- | |
| 08/19/2024 08/19/24 | For Sale | $935,000 | +10.0% | $61 / Sq Ft | |
| 05/03/2022 05/03/22 | Sold | $850,000 | 0.0% | $55 / Sq Ft | View Prior Sale |
| 03/17/2022 03/17/22 | Pending | -- | -- | -- | |
| 03/17/2022 03/17/22 | For Sale | $850,000 | +58.9% | $55 / Sq Ft | |
| 11/01/2021 11/01/21 | Sold | $535,000 | -0.9% | $35 / Sq Ft | View Prior Sale |
| 09/28/2021 09/28/21 | Pending | -- | -- | -- | |
| 09/28/2021 09/28/21 | For Sale | $540,000 | -- | $35 / Sq Ft |
Source: RMLS Alliance
Tax History Compared to Growth
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 | $21,356 | $254,251 | $20,012 | $234,239 |
| 2023 | $20,532 | $232,235 | $18,279 | $213,956 |
| 2022 | $14,683 | $163,858 | $17,338 | $146,520 |
| 2021 | $14,197 | $157,723 | $16,689 | $141,034 |
| 2020 | $13,914 | $157,960 | $16,714 | $141,246 |
| 2019 | $13,656 | $157,409 | $16,656 | $140,753 |
| 2018 | $13,894 | $164,441 | $16,545 | $147,896 |
| 2017 | $13,606 | $162,315 | $16,331 | $145,984 |
| 2016 | $13,339 | $159,948 | $16,093 | $143,855 |
| 2015 | $13,210 | $158,036 | $15,901 | $142,135 |
| 2014 | $13,012 | $157,015 | $15,798 | $141,217 |
| 2013 | $12,722 | $157,015 | $15,798 | $141,217 |
Source: Public Records
Agents Affiliated with this Home
-
Jacque Combs
-
Kyle Killebrew
Seller's Agent in 2022
Kyle Killebrew
The Real Estate Group, Inc.
(217) 321-8210
1,980 Total Sales
Map
Source: RMLS Alliance
MLS Number: CA1031145
APN: 22-04.0-454-035
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