NOT LISTED FOR SALE

1101 S Spring St Springfield, IL 62704

Vinegar Hill Neighborhood

Estimated Value: $393,402

Studio
-- Bath
-- Sq Ft
0.27 Acre Lot

Sale Details

Date Sold: July 16, 2018

Last sale price $290,000

Est. 36% increase in value since last sale

Current estimated payment $2,629 / mo

118 Days on Market

About This Home

As of July 2018

One of Springfield's long standing iconic pizza restaurants, Bernie & Betty's is for sale. This place has lots of history and has been around for decades. Very loyal customer base and great affordable food. The owner is relocating out of state and has decided to sell. This is turn key and ready to go. Staff, menus, recipes all included and ready to go. Full bar and video gaming also present. Lots of recent updates to make the building and operation more efficient. Open 6 days a week.

Last Agent to Sell the Property

Jerry George

The Real Estate Group, Inc. License #475159363 Listed on: 02/05/2018

The Real Estate Group, Inc.

Last Buyer's Agent

Megan Pressnall

The Real Estate Group, Inc. License #475162500

The Real Estate Group, Inc.

Property Details

Property Type

Other

Lot Details

0.27 Acres

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Special Features: None
  • Property Sub Type: Other

Lot Info

  • Zoning: Commercial
  • Geo Subdivision: IL

Rental Info

  • Lease Dollar Sq Ft: 1
  • Sale Lease Includes: Building, Business

Tax Info

  • Parcel Id Number Tax Id: 14330481029

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2018
Closed on
Jul 16, 2018
Sold by
Bought by
Seller's Agent
Jerry George
The Real Estate Group, Inc.
Buyer's Agent
Megan Pressnall
The Real Estate Group, Inc.
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%
Current Estimated Value
$393,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,402
Avg. Annual Appreciation
3.70%
Original Mortgage
$180,000
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2011

Purchase Details

Closed on
Mar 31, 2003
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$290,000 Fernandes David A
$375,000 --
$217,300 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $180,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/16/2018 07/16/18 Sold $290,000 -3.3% --
06/03/2018 06/03/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $300,000 -- --
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,046 $74,673 $30,581 $44,092
2024 $5,850 $69,645 $28,522 $41,123
2023 $5,624 $63,614 $26,052 $37,562
2022 $5,407 $60,344 $24,713 $35,631
2021 $5,228 $58,085 $23,788 $34,297
2020 $5,124 $58,173 $23,824 $34,349
2019 $5,029 $57,970 $23,741 $34,229
2018 $5,252 $62,158 $23,624 $38,534
2017 $5,143 $61,355 $23,319 $38,036
2016 $5,042 $60,460 $22,979 $37,481
2015 $4,993 $59,737 $22,704 $37,033
2014 $4,918 $59,351 $22,557 $36,794
2013 $4,809 $59,351 $22,557 $36,794
Source: Public Records

Agents Affiliated with this Home

  • Jerry George

    Seller's Agent in 2018

    Jerry George

    The Real Estate Group, Inc.

    (217) 638-1360

    17 in this area

    892 Total Sales

    Jerry George
    Section Image
  • Megan Pressnall

    Buyer's Agent in 2018

    Megan Pressnall

    The Real Estate Group, Inc.

    (217) 341-8323

    1 in this area

    202 Total Sales

    Megan Pressnall
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA180659

RMLS Alliance

APN: 14-33.0-481-029

Illinois Sangamon County Springfield 62704 Vinegar Hill

1101 S Spring St, Springfield, IL

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RMLS Alliance All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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