NOT LISTED FOR SALE

1036 N Rutledge St Springfield, IL 62702

Oak Ridge Neighborhood

Estimated Value: $116,000 - $194,000

-- Bed
-- Bath
2,240 Sq Ft
$64/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $110,000 $49 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,049/month

11 Days on Market

About This Home

As of June 2023

Prime location in the medical district offers three rental units each are 1br/1ba all fully leased on various terms. All units are metered separately for water, gas & electric. Unit that pays $450 currently serves as on site manager. Shared washers/dryers in basement. Leases available. Please do not disturb tenants. Video walkthrough available upon request.

Last Agent to Sell the Property

Kyle Killebrew

The Real Estate Group, Inc. License #475109198 Listed on: 05/02/2023

The Real Estate Group, Inc.

Last Buyer's Agent

Kyle Killebrew

The Real Estate Group, Inc. License #475109198 Listed on: 05/02/2023

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,193

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 160 x 52
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,240 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • Parking Pad

Schools

  • Springfield District #186 High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 14280229008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,193

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1924
  • New Construction: No
  • Structure Type: Triplex
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Brick Partial, Vinyl Siding
  • Foundation Details: Brick
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Parking Pad
  • Total Parking Spaces: 3

Utilities

  • Heating: Forced Air, Window Unit(s)
  • Laundry Features: Common Area
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 3
  • NumberofRefrigerators: 3
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 3

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 160 x 52
  • Parcel #: 14280229008

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Variable

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3193
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2023
Sold by
Udemezue Gloria
Bought by
Zachary M Llc
Current Estimated Value
$142,839

Purchase Details

Listed on
May 2, 2023
Closed on
Jun 20, 2023
Sold by
Two Rivers Properties Llc
Bought by
Udemezue Gloria
Seller's Agent
Kyle Killebrew
The Real Estate Group, Inc.
Buyer's Agent
Kyle Killebrew
The Real Estate Group, Inc.
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.92%
Original Mortgage
$82,500
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 2, 2023
Closed on
Apr 28, 2023
Sold by
Dorner Troy D and Dorner Allyson
Bought by
Two Rivers Properties Llc
Seller's Agent
Kyle Killebrew
The Real Estate Group, Inc.
Buyer's Agent
Kyle Killebrew
The Real Estate Group, Inc.
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2004

Purchase Details

Closed on
Feb 27, 2004

Purchase Details

Closed on
Dec 16, 1996
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Zachary M Llc -- None Listed On Document
Udemezue Gloria $110,000 None Listed On Document
Two Rivers Properties Llc $66,000 None Listed On Document
-- -- --
-- $87,000 --
-- $60,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Udemezue Gloria $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2023 06/15/23 Sold $110,000 -8.3% $49 / Sq Ft
05/13/2023 05/13/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $119,900 -- $54 / Sq Ft
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 $3,574 $42,545 $3,888 $38,657
2023 $3,436 $38,861 $3,551 $35,310
2022 $3,303 $36,863 $3,368 $33,495
2021 $3,194 $35,483 $3,242 $32,241
2020 $3,130 $35,536 $3,247 $32,289
2019 $3,072 $35,412 $3,236 $32,176
2018 $2,977 $35,239 $3,219 $32,020
2017 $2,916 $34,783 $3,177 $31,606
2016 $2,858 $34,276 $3,131 $31,145
2015 $2,831 $33,867 $3,094 $30,773
2014 $2,788 $33,648 $3,074 $30,574
2013 $2,726 $33,648 $3,074 $30,574
Source: Public Records

Agents Affiliated with this Home

  • Kyle Killebrew

    Seller's Agent in 2023

    Kyle Killebrew

    The Real Estate Group, Inc.

    (217) 321-8210

    23 in this area

    1,989 Total Sales

    Kyle Killebrew
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Map

Source: RMLS Alliance

MLS Number: CA1021953

RMLS Alliance

APN: 14-28.0-229-008

Illinois Sangamon County Springfield 62702 Oak Ridge

1036 N Rutledge St, Springfield, IL

Not Listed for Sale

MultiFamily

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