NOT LISTED FOR SALE

1001 N 1st St Springfield, IL 62702

Oak Ridge Neighborhood

Estimated Value: $375,920

Studio
-- Bath
-- Sq Ft
4,312 Sq Ft Lot

Last Sold April 06, 2022

Last sale price $89,900

Est. 318% increase in value since last sale

Current estimated payment $2,721/month

8 Days on Market

About This Home

As of April 2022

Multi-use building contiguous to Memorial campus. Main floor has previously been used as a coffee shop & café. Tons of storage and kitchen is accessible. Upper level houses 2 apartments for residual income.

Last Agent to Sell the Property

KATHY GARST

The Real Estate Group, Inc. License #475121251 Listed on: 03/01/2022

The Real Estate Group, Inc.

Last Buyer's Agent

NIKKI MACHIN

The Real Estate Group, Inc. License #475136681

The Real Estate Group, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,998

Lot Details

  • 4,312

Utilities

  • Forced Air Heating and Cooling System

Property Details

Property Type

Other

Est. Annual Taxes

$2,998

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment, Other, Restaurant
  • Lvt Date: 03/01/2022
  • Flood Insurance: Unknown
  • Bar: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring, Wood
  • Kitchen Sq Ft Or Percent R: 144
  • Maximum Ceiling Ht Feet: 12
  • Min Ceiling Ht Feet: 6
  • Total Building Sq Ft: 3304
  • Estimated Lot Sq Ft: 4450

Exterior Features

  • Exterior Finish: Brick, Vinyl, Block
  • Frontage Access: Corner Lot, City Street
  • Insulation: Unknown
  • Roof Construction: Membrane, Flat
  • Wall Construction: Block, Frame

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Supply: Municipal/City

Lot Info

  • Zoning: R-2
  • Estimated Land Size: 50x89
  • Geo Subdivision: IL
  • Irregular Lot: Yes

Rental Info

  • Sale Lease Includes: Building
  • Terms Lease: Month to Month

Tax Info

  • Annual Taxes: 2998.34
  • Parcel Id Number Tax Id: 14280229067
  • Tax Incentive: None
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Yellow Bird Ranch Llc
Bought by
Tybch Llc
Current Estimated Value
$375,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,500
Outstanding Balance
$352,478
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$23,442

Purchase Details

Closed on
Dec 20, 2022
Sold by
Donaldson Stephen and Donaldson Kelly
Bought by
Yellow Bird Ranch Llc

Purchase Details

Listed on
Mar 1, 2022
Closed on
Apr 6, 2022
Sold by
White William M and White Laurie C
Bought by
Donaldson Stephen and Donaldson Kelly
Seller's Agent
KATHY GARST
The Real Estate Group, Inc.
Buyer's Agent
NIKKI MACHIN
The Real Estate Group, Inc.
List Price
$94,500
Sold Price
$89,900
Premium/Discount to List
-$4,600
-4.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.45%
Original Mortgage
$71,920
Interest Rate
4.25%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Tybch Llc $357,500 None Listed On Document
Yellow Bird Ranch Llc -- --
Donaldson Stephen $89,900 Barber Segatto Hoffee Wilke &
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tybch Llc $357,500
Previous Owner Donaldson Stephen $71,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2022 04/06/22 Sold $89,900 -4.9% --
03/09/2022 03/09/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $94,500 -- --
Source: RMLS Alliance

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 $9,081 $108,115 $16,207 $91,908
2023 $3,682 $41,651 $14,804 $26,847
2022 $3,164 $35,309 $14,043 $21,266
2021 $3,059 $33,987 $13,517 $20,470
2020 $2,998 $34,038 $13,537 $20,501
2019 $2,943 $33,919 $13,490 $20,429
2018 $3,077 $36,423 $13,425 $22,998
2017 $3,014 $35,952 $13,251 $22,701
2016 $2,955 $35,428 $13,058 $22,370
2015 $2,926 $35,005 $12,902 $22,103
2014 $2,882 $34,779 $12,819 $21,960
2013 $2,818 $34,779 $12,819 $21,960
Source: Public Records

Agents Affiliated with this Home

  • KATHY GARST

    Seller's Agent in 2022

    KATHY GARST

    The Real Estate Group, Inc.

    (217) 306-6063

    2 in this area

    770 Total Sales

    KATHY GARST
    Section Image
  • NIKKI MACHIN

    Buyer's Agent in 2022

    NIKKI MACHIN

    The Real Estate Group, Inc.

    (217) 816-6818

    6 in this area

    157 Total Sales

    NIKKI MACHIN
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1012647

RMLS Alliance

APN: 14-28.0-229-067

Illinois Sangamon County Springfield 62702 Oak Ridge

1001 N 1st St, Springfield, IL

Not Listed for Sale

Other

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