NOT LISTED FOR SALE

1028 N Macarthur Blvd Springfield, IL 62702

Oak Ridge Neighborhood

Estimated Value: $93,000 - $140,000

4 Beds
4 Baths
2,750 Sq Ft
$42/Sq Ft Est. Value

Sale Details

Date Sold: June 22, 2020

Last sale price $60,000 $22 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $886 / mo

6 Days on Market

About This Home

As of June 2020

Unique tri-plex sits on two lots (0.37 acres) & is located just minutes from everything! Main floor of house has 2 BD/2BA, living room, large kitchen, W/D hookups. Upper floor of home has covered porch, living room, large kitchen, 1 BD/1BA, sun room that could be bedroom (currently used as closet). Unit 3 is separate building w/open floor plan, kitchen, & living room, large bedroom, full bath, & W/D hookups. Very large yard for enjoyment of tenants!

Last Agent to Sell the Property

Patricia VanEtten

RE/MAX Professionals License #475121424 Listed on: 05/26/2020

RE/MAX Professionals

Last Buyer's Agent

DANIELLE GIPSON

Keller Williams Capital License #475167208

Keller Williams Capital

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 1920

Lot Details

  • 0.37

Home Design

  • Triplex
  • Slab Foundation

Unfinished Basement

  • Partial Basement
  • Brick Basement
  • Block Basement Construction
  • Crawl Space

Schools

  • Enos Elementary School
  • Lanphier High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,242

Year Built

Built in 1920

Lot Details

0.37 Acres

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Triplex
  • Legal Description: see tax records
  • Lvt Date: 05/28/2020
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 3
  • Number Refrigerators: 3
  • Basement: Block, Brick, Crawl Space, Partial, Slab, Unfinished
  • Price Per Sq Ft: 21.82
  • Total Sq Ft: 2750

Exterior Features

  • Exterior: Vinyl Siding
  • Road Access: Curbs & Gutters, Paved

Garage/Parking

  • Garage Parking: Carport, Guest Parking
  • Number Parking Spaces: 6

Utilities

  • Heating Cooling: 2+ Heating Systems, Baseboard, Electric, Forced Air, Gas, 2+ Cooling Systems, Central Air, Wall Units
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups
  • Number Window Units: 3

Schools

  • Elementary School: Enos
  • High School: Lanphier High School

Lot Info

  • Estimated Lot Size: 80 x 200
  • Estimated Number of Acres: 0.37
  • Lot Description: Extra Lot, Level
  • Zoning: R-3
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 19200
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 2242
  • Parcel Id Number Tax Id: 142801290138
  • Tax Year: 2018

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 19200
  • Total Number Central Air Units: 4
  • Total Number Electric Meters: 3
  • Total Number Gas Meters: 3
  • Total Number Heating Units: 3
  • Total Number Water Heaters: 3
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: US Grant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Jun 22, 2020
Sold by
Gisi Richard L and Gisi Alberta A
Bought by
J & L Properties Il Inc
Seller's Agent
Patricia VanEtten
RE/MAX Professionals
Buyer's Agent
DANIELLE GIPSON
Keller Williams Capital
List Price
$75,000
Sold Price
$60,000
Premium/Discount to List
-$15,000
-20%
Current Estimated Value
$115,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,516
Avg. Annual Appreciation
11.85%

Purchase Details

Closed on
Dec 12, 1994
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
J & L Properties Il Inc $60,000 Illinois Real Estate Title
-- $28,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2020 06/22/20 Sold $60,000 -20.0% $22 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/26/2020 05/26/20 For Sale $75,000 -- $27 / Sq Ft
Source: RMLS Alliance

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 $3,339 $39,755 $5,939 $33,816
2023 $3,210 $36,313 $5,425 $30,888
2022 $3,087 $34,446 $5,146 $29,300
2021 $2,984 $33,156 $4,953 $28,203
2020 $2,925 $33,205 $4,960 $28,245
2019 $2,871 $33,089 $4,943 $28,146
2018 $2,242 $26,540 $4,920 $21,620
2017 $2,196 $26,196 $4,856 $21,340
2016 $2,153 $25,814 $4,785 $21,029
2015 $2,132 $25,506 $4,728 $20,778
2014 $2,054 $25,341 $4,697 $20,644
2013 $2,009 $24,790 $4,697 $20,093
Source: Public Records

Agents Affiliated with this Home

  • Patricia VanEtten

    Seller's Agent in 2020

    Patricia VanEtten

    RE/MAX Professionals

    (217) 341-8341

    69 Total Sales

    Patricia VanEtten
    Section Image
  • DANIELLE GIPSON

    Buyer's Agent in 2020

    DANIELLE GIPSON

    Keller Williams Capital

    (217) 679-8787

    2 in this area

    47 Total Sales

    DANIELLE GIPSON
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA1000053

RMLS Alliance

APN: 14-28.0-129-038

Illinois Sangamon County Springfield 62702 Oak Ridge

1028 N Macarthur Blvd, 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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