NOT LISTED FOR SALE

1040 S Spring St Springfield, IL 62704

Vinegar Hill Neighborhood

Estimated Value: $42,000 - $88,000

3 Beds
1 Bath
1,262 Sq Ft
$55/Sq Ft Est. Value

Last Sold April 22, 2024

Last sale price $18,500 $15 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $444/month

140 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Replacement Windows
  • Springfield High School Rated A-
  • Central Heating
  • Level Lot

About This Home

As of April 2024

Investment opportunity, house has always been rented before. Selling AS-IS.

Last Agent to Sell the Property

Jerry George

The Real Estate Group, Inc. Brokerage Phone: 217-638-1360 License #475159363 Listed on: 11/27/2023

The Real Estate Group, Inc.

Last Buyer's Agent

John Kerstein

Keller Williams Capital License #471019366

Keller Williams Capital

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $531

Lot Details

  • Lot Dimensions are 92x40
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 1,262 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Replacement Windows
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Gravel Driveway
  • On-Street Parking

Schools

  • Springfield District #186 High School

Utilities

  • Central Heating
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14-33.0-478-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$531

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Two Story
  • New Construction: No
  • Age55PlusDevelopment: No
  • Attribution Contact: Pref: 217-638-1360
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range/Oven, Refrigerator
  • Basement: Partial, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 1262
  • KitchenDining: Other Kitchen/Dining

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Gravel
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Exterior Features: Replacement Windows
  • Foundation Details: Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Gravel, On Street

Utilities

  • Heating: Electric, Gas, Central Air
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 92x40
  • Parcel #: 14-33.0-478-012

Green Features

  • Efficiency: High Efficiency Air Cond, High Efficiency Heating

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 530.58
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Apr 25, 2024
Sold by
Royal Dolphin Oh Llc
Bought by
Tailwind Home Buyers Llc
Seller's Agent
Jerry George
The Real Estate Group, Inc.
Buyer's Agent
John Kerstein
Keller Williams Capital
List Price
$30,000
Sold Price
$18,500
Premium/Discount to List
-$11,500
-38.33%
Views
235
Current Estimated Value
$68,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,472
Avg. Annual Appreciation
119.90%

Purchase Details

Listed on
Nov 27, 2023
Closed on
Apr 22, 2024
Sold by
Hu Chun D
Bought by
Royal Dolphin Oh Llc
Seller's Agent
Jerry George
The Real Estate Group, Inc.
Buyer's Agent
John Kerstein
Keller Williams Capital
List Price
$30,000
Sold Price
$18,500
Premium/Discount to List
-$11,500
-38.33%
Views
235

Purchase Details

Listed on
Nov 28, 2017
Closed on
Jul 23, 2018
Sold by
Liang Si Min
Bought by
Hu Chun D
Seller's Agent
MICHELLE HOUSE
The Real Estate Group, Inc.
Buyer's Agent
MICHELLE HOUSE
The Real Estate Group, Inc.
List Price
$19,900
Sold Price
$16,000
Premium/Discount to List
-$3,900
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%

Purchase Details

Closed on
Sep 14, 2017
Sold by
Green Betty J
Bought by
Si Min L

Purchase Details

Closed on
Mar 5, 2001

Purchase Details

Closed on
Oct 10, 1996
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
Tailwind Home Buyers Llc $26,000 None Listed On Document
Royal Dolphin Oh Llc $18,500 None Listed On Document
Hu Chun D $16,000 Cornerstone Title
Si Min L $10,000 Zelle Title
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2024 04/22/24 Sold $18,500 -38.3% $15 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $30,000 0.0% $24 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
11/27/2023 11/27/23 For Sale $30,000 +87.5% $24 / Sq Ft
07/23/2018 07/23/18 Sold $16,000 -19.6% $13 / Sq Ft View Prior Sale
07/12/2018 07/12/18 Pending -- -- --
11/28/2017 11/28/17 For Sale $19,900 -- $16 / 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 $997 $11,872 $3,384 $8,488
2023 $552 $6,242 $3,092 $3,150
2022 $531 $5,921 $2,933 $2,988
2021 $513 $5,699 $2,823 $2,876
2020 $503 $5,707 $2,827 $2,880
2019 $493 $5,687 $2,817 $2,870
2018 $499 $5,902 $2,802 $3,100
2017 $441 $6,633 $2,766 $3,867
2016 $441 $18,128 $2,726 $15,402
2015 $442 $17,911 $2,693 $15,218
2014 $438 $17,796 $2,676 $15,120
2013 $428 $17,796 $2,676 $15,120
Source: Public Records

Agents Affiliated with this Home

  • Jerry George

    Seller's Agent in 2024

    Jerry George

    The Real Estate Group, Inc.

    (217) 638-1360

    18 in this area

    888 Total Sales

    Jerry George
    Section Image
  • John Kerstein

    Buyer's Agent in 2024

    John Kerstein

    Keller Williams Capital

    (217) 553-4368

    1 in this area

    86 Total Sales

    John Kerstein
    Section Image

  • M

    Seller's Agent in 2018

    MICHELLE HOUSE

    The Real Estate Group, Inc.

    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1026188

RMLS Alliance

APN: 14-33.0-478-012

Illinois Sangamon County Springfield 62704 Vinegar Hill

1040 S Spring St, Springfield, IL

Not Listed for Sale

Detached

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