NOT LISTED FOR SALE

1045 Outer Park Dr Springfield, IL 62704

Estimated Value: $589,695

Studio
-- Bath
-- Sq Ft
0.89 Acres

Last Sold November 28, 2022

Last sale price $500,000

Est. 18% increase in value since last sale

Current estimated payment $3,643/month

90 Days on Market

About This Home

As of November 2022

A wonderful opportunity to get in on this excellent location. Take advantage of this central location in a beautiful mature area near restaurants, retail, many other businesses, parks and convenient access to major thoroughfares including I-72 interchange.

Last Agent to Sell the Property

Todd Smith

Todd P Smith Real Estate License #471004523 Listed on: 07/29/2022

Last Buyer's Agent

Todd Smith

Todd P Smith Real Estate License #471004523 Listed on: 07/29/2022

Property Details

Property Type

  • Other

Year Built

  • Built in 1973

Lot Details

  • 0.89

Property Details

Property Type

Other

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Lvt Date: 07/29/2022
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Total Building Sq Ft: 21502

Lot Info

  • Zoning: R-5B
  • Geo Subdivision: IL
  • Irregular Lot: Yes

Tax Info

  • Parcel Id Number Tax Id: 22-05.0-476-020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Nov 29, 2022
Sold by
Outer Park Drive Llc
Bought by
Cjcs Property Llc
Seller's Agent
Todd Smith
Todd P Smith Real Estate
Buyer's Agent
Todd Smith
Todd P Smith Real Estate
List Price
$710,000
Sold Price
$500,000
Premium/Discount to List
-$210,000
-29.58%
Views
6
Current Estimated Value
$589,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,695
Avg. Annual Appreciation
5.38%

Purchase Details

Listed on
Dec 19, 2020
Closed on
Mar 19, 2021
Sold by
American National Red Cross
Bought by
Outer Park Drive Llc
Seller's Agent
Curtis Tillett
The Real Estate Group, Inc.
Buyer's Agent
Out of Area Out of Area
OUT OF AREA FIRM
List Price
$199,000
Sold Price
$85,000
Premium/Discount to List
-$114,000
-57.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
183.58%
Original Mortgage
$607,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2012

Purchase Details

Closed on
Feb 23, 2010
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cjcs Property Llc $500,000 --
Outer Park Drive Llc $85,000 Fidelity National Title
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Outer Park Drive Llc $607,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2022 11/28/22 Sold $500,000 -24.2% --
10/27/2022 10/27/22 Pending -- -- --
09/21/2022 09/21/22 Price Changed $660,000 -3.6% --
09/07/2022 09/07/22 Price Changed $685,000 -3.5% --
07/29/2022 07/29/22 For Sale $710,000 +735.3% --
03/19/2021 03/19/21 Sold $85,000 -57.3% -- View Prior Sale
01/15/2021 01/15/21 Pending -- -- --
12/19/2020 12/19/20 For Sale $199,000 -- --
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 -- $0 $0 $0
2023 -- $0 $0 $0
2022 $13,559 $151,309 $61,123 $90,186
2021 $2,550 $28,330 $9,985 $18,345
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Smith

    Seller's Agent in 2022

    Todd Smith

    Todd P Smith Real Estate

    (217) 441-8000

    67 Total Sales

    Todd Smith
    Section Image
  • Curtis Tillett

    Seller's Agent in 2021

    Curtis Tillett

    The Real Estate Group, Inc.

    (217) 553-7022

    40 Total Sales

    Curtis Tillett
    Section Image

  • O

    Buyer's Agent in 2021

    Out of Area Out of Area

    OUT OF AREA FIRM

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMACA1016548

RMLS Alliance

APN: 22-05.0-476-020

Illinois Sangamon County Springfield 62704

1045 Outer Park Dr, Springfield, IL

Not Listed for Sale

Other

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