NOT LISTED FOR SALE

1041 N Rutledge St Springfield, IL 62702

Oak Ridge Neighborhood

Estimated Value: $58,000 - $98,000

-- Bed
-- Bath
1,388 Sq Ft
$59/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $185,000 $133 Per Sq Ft

Current estimated payment $537/month

About This Home

As of March 2024

Three properties sold as a package that included Rutledge as well as 702 W. Miller & 520 South State. 702 W. Miller is a duplex that currently rents for $825 but has potential to rent for $1,125 and has updated roof. 1041 Rutledge is a duplex with monthly income of $1,085 and has new metal roof. 520 S. State is a duplex that has current monthly income of $675 (one unit vacant) with potential of $1,400.

Last Agent to Sell the Property

JAMI WINCHESTER

The Real Estate Group, Inc. Brokerage Phone: 217-306-1000 License #475109074 Listed on: 02/14/2024

The Real Estate Group, Inc.

Last Buyer's Agent

JAMI WINCHESTER

The Real Estate Group, Inc. Brokerage Phone: 217-306-1000 License #475109074 Listed on: 02/14/2024

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $840

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 42 x 191.35

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,388 Sq Ft Home
  • Unfinished Basement
  • Partial Basement

Parking

  • 2 Parking Spaces
  • Alley Access

Schools

  • Springfield District #186 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 14280228022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$840

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1890
  • New Construction: No
  • Structure Type: Two or More Story
  • Age55PlusDevelopment: No
  • Attribution Contact: Mobl: 217-306-1000
  • Special Features: None

Interior Features

  • Basement: Partial, Unfinished

Exterior Features

  • Lot Features: Other
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access
  • Total Parking Spaces: 2

Utilities

  • Heating: Forced Air, Gas, Central Air
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 42 x 191.35
  • Additional Parcels Description: 14330177005 14280327006
  • Parcel #: 14280228022

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 840.36
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
Wilmarth Renewals Llc
Bought by
Board Of Truste
Current Estimated Value
$84,065

Purchase Details

Listed on
Feb 14, 2024
Closed on
Mar 12, 2024
Sold by
Jj10 Properties Llc
Bought by
Wilmarth Renewals Llc
Seller's Agent
JAMI WINCHESTER
The Real Estate Group, Inc.
Buyer's Agent
JAMI WINCHESTER
The Real Estate Group, Inc.
List Price
$185,000
Sold Price
$185,000
Views
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
-36.28%
Original Mortgage
$192,500
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2017
Closed on
Feb 13, 2018
Sold by
Young Jr James A
Bought by
Nie Daotai
Seller's Agent
Stephanie Do
Do Realty Services, Inc.
Buyer's Agent
JAMI WINCHESTER
The Real Estate Group, Inc.
List Price
$22,900
Sold Price
$17,000
Premium/Discount to List
-$5,900
-25.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.18%

Purchase Details

Closed on
Jul 13, 2010

Purchase Details

Closed on
Feb 25, 2010

Purchase Details

Closed on
Jun 29, 2005
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
Board Of Truste $80,000 None Listed On Document
Wilmarth Renewals Llc $192,500 None Listed On Document
Jj10 Properties Llc $185,000 None Listed On Document
Nie Daotai $17,000 Illinois Real Estate Title Cen
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilmarth Renewals Llc $192,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2024 03/08/24 Sold $185,000 0.0% $133 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $185,000 +988.2% $133 / Sq Ft
02/13/2018 02/13/18 Sold $17,000 -25.8% $12 / Sq Ft View Prior Sale
01/26/2018 01/26/18 Pending -- -- --
12/04/2017 12/04/17 For Sale $22,900 -- $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 $1,149 $13,675 $1,730 $11,945
2023 $874 $9,886 $2,822 $7,064
2022 $840 $9,378 $2,677 $6,701
2021 $813 $9,027 $2,577 $6,450
2020 $796 $9,041 $2,581 $6,460
2019 $782 $9,009 $2,572 $6,437
2018 $829 $9,807 $2,559 $7,248
2017 $1,252 $14,940 $2,527 $12,413
2016 $1,228 $14,722 $2,490 $12,232
2015 $432 $5,167 $2,460 $2,707
2014 $359 $9,044 $2,444 $6,600
2013 $351 $4,336 $2,444 $1,892
Source: Public Records

Agents Affiliated with this Home

  • JAMI WINCHESTER

    Seller's Agent in 2024

    JAMI WINCHESTER

    The Real Estate Group, Inc.

    (217) 306-1000

    20 in this area

    1,412 Total Sales

    JAMI WINCHESTER
    Section Image
  • Stephanie Do

    Seller's Agent in 2018

    Stephanie Do

    Do Realty Services, Inc.

    (217) 241-2523

    6 in this area

    241 Total Sales

    Stephanie Do
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1027327

RMLS Alliance

APN: 14-28.0-228-022

Illinois Sangamon County Springfield 62702 Oak Ridge

1041 N Rutledge St, Springfield, IL

Not Listed for Sale

MultiFamily

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