NOT LISTED FOR SALE

105 & 2241 Outer Park Dr Unit 2241 S. 1St Springfield, IL 62704

Estimated Value: $183,000 - $249,000

8 Beds
4 Baths
7,200 Sq Ft
$29/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $380,502 $53 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $1,564/month

About This Home

As of July 2021

2 Brick & Vinyl sided 2 story 4plex units on corner of 1st & Outer Park. Good central location. Easy access to downtown, medical district & West Side & few blocks from Hy Vee Grocery Store. Bus stop at corner too. All 2 Bedroom apartments with 1 covered carport for each unit. Basement with Laundry Hook ups for each unit plus extra storage areas that can be locked. Maintenance expenses and management fees vary. Electric expense includes water & Sewer. (CWLP)

Last Agent to Sell the Property

Gail Chevalier Zini

Snelling-Chevalier Real Estate License #471000554 Listed on: 05/21/2021

Last Buyer's Agent

Joe Tetzlaff

RE/MAX Professionals License #471000757

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,936

Year Built

  • Built in 1960

Lot Details

  • 7,492

Schools

  • Springfield District #186 High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,936

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story | Four-Plex
  • Legal Description: ChasS.Wanless S 1st St Sub W70'S20'L 13 & W70'L 14 & E 80'S20' L 13 & E 80' L 14 Per county records
  • Lvt Date: 05/21/2021
  • Year Built: 1960
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 8
  • Number Refrigerators: 8
  • Basement: Concrete, Full, Poured, Unfinished
  • Price Per Sq Ft: 52.85
  • Total Sq Ft: 7200

Exterior Features

  • Exterior: Brick Partial, Vinyl Siding
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Alley, Assigned, Carport, Detached
  • Number Parking Spaces: 8

Utilities

  • Heating Cooling: Electric, Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 5400
  • Garbage Collection Exp: 1920
  • Gas Expense: 1973
  • Laundry Facilities: Common, No Laundry Equipment

Schools

  • High School: Springfield District #186
  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 70X106.89 & 80X106.89
  • Lot Description: Corner, Level
  • Additional Assessor Parcel Numbers: 22040408025
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 32100
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 8935.76
  • Parcel Id Number Tax Id: 22040408024
  • Tax Year: 2020

Multi Family

  • Total Number Units: 8
  • Gross Annual Income: 64500
  • Total Number Central Air Units: 8
  • Total Number Electric Meters: 10
  • Total Number Gas Meters: 10
  • Total Number Heating Units: 8
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2022
Sold by
Walton James W and Walton Ashley M
Bought by
Rkn Il Holdings Llc
Current Estimated Value
$211,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Outstanding Balance
$292,305
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
-$89,305

Purchase Details

Listed on
May 21, 2021
Closed on
Aug 5, 2021
Sold by
Gayle K Route Revocable Trust
Bought by
Walton James W and Bennett Ashley M
Seller's Agent
Gail Chevalier Zini
Snelling-Chevalier Real Estate
Buyer's Agent
Joe Tetzlaff
RE/MAX Professionals
List Price
$399,900
Sold Price
$380,502
Premium/Discount to List
-$19,398
-4.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.02%
Original Mortgage
$142,688
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2013

Purchase Details

Closed on
Oct 12, 2012

Purchase Details

Closed on
Feb 8, 2008

Purchase Details

Closed on
Dec 10, 2007

Purchase Details

Closed on
Apr 27, 2005

Purchase Details

Closed on
Dec 29, 2000

Purchase Details

Closed on
Oct 27, 1993
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Rkn Il Holdings Llc $420,000 --
Walton James W $190,251 Prairie Land Title
Walton James W $190,251 Prairie Land Title
-- -- --
-- -- --
-- -- --
-- $123,000 --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rkn Il Holdings Llc $336,000
Previous Owner Walton James W $142,688
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2021 07/29/21 Sold $380,502 -4.9% $53 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $399,900 -- $56 / 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 $5,323 $63,370 $7,679 $55,691
2023 $5,118 $57,883 $7,014 $50,869
2022 $4,714 $52,609 $6,652 $45,957
2021 $4,558 $50,639 $6,403 $44,236
2020 $4,467 $50,715 $6,413 $44,302
2019 $4,384 $50,538 $6,391 $44,147
2018 $4,463 $52,825 $6,348 $46,477
2017 $4,371 $52,142 $6,266 $45,876
2016 $4,547 $54,517 $6,175 $48,342
2015 $4,502 $53,865 $6,101 $47,764
2014 $4,435 $53,518 $6,062 $47,456
2013 $4,336 $53,518 $6,062 $47,456
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    Gail Chevalier Zini

    Snelling-Chevalier Real Estate

    (217) 625-2411

    130 Total Sales

    Gail Chevalier Zini
    Section Image
  • Joe Tetzlaff

    Buyer's Agent in 2021

    Joe Tetzlaff

    RE/MAX Professionals

    (217) 416-3481

    213 Total Sales

    Joe Tetzlaff
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1007242

RMLS Alliance

APN: 22-04.0-408-024

Illinois Sangamon County Springfield 62704

105 & 2241 Outer Park Dr Unit 2241 S. 1St, Springfield, IL

This home is located at 105 & 2241 Outer Park Dr Unit 2241 S. 1St, Springfield, IL 62704 since 21 May 2021 and is currently estimated at $211,321, approximately $29 per square foot. This property was built in 1960. 105 & 2241 Outer Park Dr Unit 2241 S. 1St is a home located in Sangamon County with nearby schools including Black Hawk Elementary School, Jefferson Middle School, and Springfield Southeast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes