NOT LISTED FOR SALE

1120 S 2nd St Springfield, IL 62704

Old Aristocracy Hill Neighborhood

Estimated Value: $133,844

-- Bed
-- Bath
3,380 Sq Ft
$40/Sq Ft Est. Value

Last Sold February 16, 2021

Last sale price $95,000 $28 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,010/month

438 Days on Market

About This Home

As of February 2021

Great location and visibility with parking for 16 cars in back. Front room offers bright, open floor plan with fresh carpet, paint and light fixtures. Building has 8 smaller offices that were once used as music rooms. Land immediately north of the building is included in this parcel for possible additional parking or improvements. S-1 Zoning allows for multiple uses, 13,000 ADT passing on nearby South Grand.

Last Agent to Sell the Property

Todd Smith

Todd P Smith Real Estate License #471004523 Listed on: 10/24/2019

Last Buyer's Agent

Nate Gurnsey

The Real Estate Group, Inc. License #475194187

The Real Estate Group, Inc.

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Lvt Date: 10/24/2019
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Total Building Sq Ft: 3556
  • Estimated Lot Sq Ft: 16,200

Lot Info

  • Estimated Number of Acres: 0.4
  • Zoning: S-1
  • Geo Subdivision: IL

Tax Info

  • Parcel Id Number Tax Id: 14-34.0-355-030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
Feb 16, 2021
Sold by
Walnut Hills Business Partners
Bought by
Sforza Andrew J
Seller's Agent
Todd Smith
Todd P Smith Real Estate
Buyer's Agent
Nate Gurnsey
The Real Estate Group, Inc.
List Price
$112,500
Sold Price
$95,000
Premium/Discount to List
-$17,500
-15.56%
Current Estimated Value
$133,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,844
Avg. Annual Appreciation
7.32%
Original Mortgage
$76,000
Outstanding Balance
$67,856
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$65,988
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
Sforza Andrew J $95,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sforza Andrew J $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2021 02/16/21 Sold $95,000 0.0% $28 / Sq Ft
02/16/2021 02/16/21 Rented $95,000 0.0% --
01/04/2021 01/04/21 Pending -- -- --
01/04/2021 01/04/21 Under Contract -- -- --
03/16/2020 03/16/20 For Rent -- -- --
03/04/2020 03/04/20 Off Market -- -- --
10/24/2019 10/24/19 For Sale $112,500 0.0% $33 / Sq Ft
09/03/2019 09/03/19 For Rent $95,000 0.0% --
02/22/2019 02/22/19 Sold -- -- -- View Prior Sale
01/23/2019 01/23/19 Pending -- -- --
12/05/2018 12/05/18 For Sale -- -- --
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 $3,708 $44,144 $25,183 $18,961
2023 $3,565 $40,321 $23,002 $17,319
2022 $3,427 $38,248 $21,819 $16,429
2021 $3,013 $33,472 $21,002 $12,470
2020 $3,251 $36,904 $21,033 $15,871
2019 $2,516 $28,999 $18,950 $10,049
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Smith

    Seller's Agent in 2021

    Todd Smith

    Todd P Smith Real Estate

    (217) 441-8000

    5 in this area

    66 Total Sales

    Todd Smith
    Section Image

  • N

    Buyer's Agent in 2021

    Nate Gurnsey

    The Real Estate Group, Inc.

    (217) 691-6853

    1 in this area

    58 Total Sales

    Nate Gurnsey
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA996143

RMLS Alliance

APN: 14-34.0-355-030

Illinois Sangamon County Springfield 62704 Old Aristocracy Hill

1120 S 2nd St, Springfield, IL

Not Listed for Sale

Other

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