NOT LISTED FOR SALE

1003 S 8th St Springfield, IL 62703

Old Aristocracy Hill Neighborhood

Estimated Value: $143,000 - $171,000

3 Beds
3 Baths
2,400 Sq Ft
$66/Sq Ft Est. Value

Sale Details

Date Sold: April 28, 2022

Last sale price $133,000 $55 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,118 / mo

65 Days on Market

About This Home

As of April 2022

Fantastic location by Springfield Clinic. Zoned Office and Multi-Family. Clean and well maintained with recent electrical and plumbing updates, this 3 unit historic building features all original refinished hardwood floors, doors, and moldings, yet has a modern look with large, light-filled open units. Upstairs tenant pays $550 plus electric, and downstairs tenant pays $595. Additional third space is also available and the kitchen is plumbed and ready for cabinets of your choice. Laundry hook-ups in basement. Wonderful income property with commercial possibilities. As-is inspections welcome.

Last Agent to Sell the Property

lisa metzger

The Real Estate Group, Inc. License #475096648 Listed on: 01/11/2022

The Real Estate Group, Inc.

Last Buyer's Agent

DANIELLE GIPSON

Keller Williams Capital License #475167208

Keller Williams Capital

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,482

Year Built

  • Built in 1900

Lot Details

  • 5,314

Interior Spaces

  • 2-Story Property
  • Storage

Basement

  • Partial Basement
  • Brick Basement
  • Crawl Space

Schools

  • Graham Elementary School
  • Springfield High School

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,482

Year Built

Built in 1900

Lot Details

5,314 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: E 88.8' N 1/2 L 15 & E 88.8' L 16 B 11 E Iles 2nd Addn
  • Lvt Date: 01/11/2022
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Additional Storage
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Crawl Space, Partial, Brick
  • Price Per Sq Ft: 55.42
  • Total Sq Ft: 2400

Exterior Features

  • Construction Status: Construction Complete
  • Exterior: Wood Siding
  • Road Access: Paved
  • Roofing: Rubber, Shingles

Garage/Parking

  • Garage Parking: On-Street Parking

Utilities

  • Heating Cooling: Electric, Gas, Hot Water, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 240
  • Gas Expense: 1380
  • Number Window Units: 3

Schools

  • Elementary School: Graham
  • High School: Springfield

Lot Info

  • Estimated Lot Size: 60x89
  • Lot Description: Corner
  • Zoning: OFF
  • Subdivision: Iles
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Electric Only
  • Gross Annual Rent Income: 13440
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 1482
  • Parcel Id Number Tax Id: 14340339011
  • Tax Year: 2018

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 13440
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 3
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Grant/Lincoln

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Apr 28, 2022
Sold by
Bought by
Seller's Agent
lisa metzger
The Real Estate Group, Inc.
Buyer's Agent
DANIELLE GIPSON
Keller Williams Capital
List Price
$139,900
Sold Price
$133,000
Premium/Discount to List
-$6,900
-4.93%
Current Estimated Value
$157,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,377
Avg. Annual Appreciation
4.14%
Original Mortgage
$130,545
Outstanding Balance
$122,715
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$34,662
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$133,000 Zelle Law Offices Pc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $130,545
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/28/2022 04/28/22 Sold $133,000 -4.9% $55 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $139,900 -- $58 / Sq Ft
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,279 $46,501 $4,534 $41,967
2024 $3,139 $43,370 $4,229 $39,141
2023 $2,972 $39,615 $3,863 $35,752
2022 $3,002 $37,578 $3,664 $33,914
2021 $1,623 $18,030 $3,527 $14,503
2020 $1,591 $18,057 $3,532 $14,525
2019 $1,561 $17,994 $3,520 $14,474
2018 $1,481 $17,534 $3,501 $14,033
2017 $1,451 $17,308 $3,456 $13,852
2016 $1,422 $17,056 $3,406 $13,650
2015 $1,409 $16,852 $3,365 $13,487
2014 $1,388 $16,743 $3,343 $13,400
2013 $1,357 $16,743 $3,343 $13,400
Source: Public Records

Agents Affiliated with this Home

  • l

    Seller's Agent in 2022

    lisa metzger

    The Real Estate Group, Inc.

    (217) 899-7131

    1 in this area

    21 Total Sales

    lisa metzger
    Section Image
  • DANIELLE GIPSON

    Buyer's Agent in 2022

    DANIELLE GIPSON

    Keller Williams Capital

    (217) 679-8787

    1 in this area

    46 Total Sales

    DANIELLE GIPSON
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1011958

RMLS Alliance

APN: 14-34.0-339-011

Illinois Sangamon County Springfield 62703 Old Aristocracy Hill

1003 S 8th St, Springfield, IL

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Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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