NOT LISTED FOR SALE

1117 S 8th St Springfield, IL 62703

Old Aristocracy Hill Neighborhood
8 Beds
8 Baths
4,877 Sq Ft
0.28 Acres

Last Sold February 24, 2020

Last sale price $239,000 $49 Per Sq Ft

3 Days on Market

About This Home

As of February 2020

Convenient location near Springfield Clinic & Blood Bank. Additional 2+ car garage rented for extra $200/month. 8 unit rent averages $683 per month. Property has 4 one bed units and 4 2 bed units. Gross operating income average $4,095 per month. Currently 2 units are vacant. Low maintenance building that is well maintained & professionally managed since 2011 for $395 per month. Good, clean, & updated 8-plex w/good rental history and curb appeal

Last Agent to Sell the Property

Ken Kingery

RE/MAX Professionals License #471000428 Listed on: 01/20/2020

RE/MAX Professionals

Last Buyer's Agent

Jerry George

The Real Estate Group, Inc. License #475159363

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,779

Lot Details

  • 0.28

Interior Spaces

  • 2-Story Property
  • Partial Basement

Schools

  • Springfield High School

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,779

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: L 15 & 16 B 10 E Iles 2nd Addn
  • Lvt Date: 01/21/2020
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 8
  • Number Refrigerators: 8
  • Basement: Partial
  • Price Per Sq Ft: 49.01
  • Total Sq Ft: 4877

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Road Access: Paved

Garage/Parking

  • Garage Parking: Assigned
  • Number Parking Spaces: 12

Utilities

  • Heating Cooling: Electric, Forced Air, Central Air
  • Water Sewer: Community Water System, Public Sewer
  • Laundry Facilities: No Laundry Equipment

Schools

  • High School: Springfield

Lot Info

  • Estimated Lot Size: 80 x 152.5
  • Lot Description: Level
  • Zoning: R5
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Electric Only
  • Gross Annual Rent Income: 16392
  • Lease Information: 1 Year
  • Management Expense: 395

Tax Info

  • Annual Taxes: 6778.72
  • Parcel Id Number Tax Id: 14340378024
  • Tax Year: 2019

Multi Family

  • Total Number Units: 8
  • Gross Annual Income: 17592
  • Total Number Central Air Units: 8
  • Total Number Electric Meters: 9
  • Total Number Heating Units: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Feb 25, 2020
Sold by
Ira Harvard Keefe
Bought by
Tdl Properties One Llc
Seller's Agent
Ken Kingery
RE/MAX Professionals
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$239,900
Sold Price
$239,000
Premium/Discount to List
-$900
-0.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,700
Outstanding Balance
$263,449
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2002

Purchase Details

Closed on
May 18, 1999
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Tdl Properties One Llc $239,000 Prairie Land Title
-- $190,000 --
-- $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tdl Properties One Llc $289,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $239,000 -0.4% $49 / Sq Ft
02/20/2020 02/20/20 For Sale $239,900 0.0% $49 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/22/2020 01/22/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $239,900 -- $49 / 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 $8,350 $99,408 $18,098 $81,310
2023 $8,028 $90,800 $16,531 $74,269
2022 $7,486 $83,546 $15,680 $67,866
2021 $7,238 $80,418 $15,093 $65,325
2020 $7,095 $80,539 $15,116 $65,423
2019 $6,693 $77,153 $15,063 $62,090
2018 $6,779 $80,229 $14,976 $65,253
2017 $6,638 $79,191 $14,782 $64,409
2016 $6,508 $78,036 $14,566 $63,470
2015 $6,445 $77,103 $14,392 $62,711
2014 $6,348 $76,605 $14,299 $62,306
2013 $6,207 $76,605 $14,299 $62,306
Source: Public Records

Agents Affiliated with this Home

  • Ken Kingery

    Seller's Agent in 2020

    Ken Kingery

    RE/MAX Professionals

    50 Total Sales

    Ken Kingery
    Section Image
  • Jerry George

    Buyer's Agent in 2020

    Jerry George

    The Real Estate Group, Inc.

    (217) 638-1360

    9 in this area

    893 Total Sales

    Jerry George
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: RMACA997566

RMLS Alliance

APN: 14-34.0-378-024

Illinois Sangamon County Springfield 62703 Old Aristocracy Hill

1117 S 8th St, Springfield, IL

Not Listed for Sale

MultiFamily

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