NOT LISTED FOR SALE

1125 S Spring St Springfield, IL 62704

Vinegar Hill Neighborhood

Estimated Value: $110,487 - $128,000

3 Beds
3 Baths
1,433 Sq Ft
$81/Sq Ft Est. Value

Last Sold December 02, 2022

Last sale price $97,000 $68 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $847/month

7 Days on Market

About This Home

As of December 2022

Room for rents to raise, to make this a cash cow. Tons of updates including roof, windows, furnace, waterheater, electrical panel, plumbing, deck, gutters, some flooring, some cabinets, etc.

Last Agent to Sell the Property

GREG ZESSIN

Springfield Real Estate, LLC License #471021583 Listed on: 11/10/2022

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

  • $1,261

Year Built

  • Built in 1904

Lot Details

  • 5,184

Home Design

  • Triplex

Unfinished Basement

  • Brick Basement

Schools

  • Springfield District #186 High School

Listing and Financial Details

  • Tenant pays for no utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,261

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Triplex
  • Legal Description: L 2 B 3 JOHN E. ROLLS 2ND ADDN
  • Lvt Date: 11/10/2022
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 3
  • Number Refrigerators: 3
  • Basement: Brick, Unfinished
  • Price Per Sq Ft: 67.69
  • Total Sq Ft: 1433

Exterior Features

  • Exterior: Aluminum Siding
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: On-Street Parking, Parking Slab, Alley
  • Number Parking Spaces: 5

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 600
  • Gas Expense: 1600
  • Laundry Facilities: No Laundry Equipment

Schools

  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 40x130
  • Lot Description: Level
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Tenant Pays: No Utilities
  • Lease Information: 1 Year
  • Management Expense: 1400

Tax Info

  • Annual Taxes: 1260.94
  • Parcel Id Number Tax Id: 14330481018
  • Tax Year: 2021

Multi Family

  • Total Number Units: 3
  • Total Number Central Air Units: 1
  • Total Number Electric Meters: 1
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2022
Closed on
Dec 2, 2022
Sold by
Jigg Properties Llc
Bought by
Grigiski Morgan L
Seller's Agent
GREG ZESSIN
Springfield Real Estate, LLC
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$105,000
Sold Price
$97,000
Premium/Discount to List
-$8,000
-7.62%
Views
25
Current Estimated Value
$117,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,218
Avg. Annual Appreciation
6.11%
Original Mortgage
$82,450
Outstanding Balance
$79,976
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$36,396

Purchase Details

Closed on
Dec 31, 2012

Purchase Details

Closed on
May 4, 2009

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

Date Buyer Sale Price Title Company
Grigiski Morgan L $97,000 --
-- $20,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grigiski Morgan L $82,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2022 12/02/22 Sold $97,000 -7.6% $68 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
11/10/2022 11/10/22 For Sale $105,000 0.0% $73 / Sq Ft
08/05/2017 08/05/17 Rented $600 0.0% --
08/05/2017 08/05/17 For Rent $600 -- --
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 $2,817 $33,534 $4,027 $29,507
2023 $2,708 $30,630 $3,678 $26,952
2022 $1,304 $14,554 $3,489 $11,065
2021 $1,261 $14,009 $3,358 $10,651
2020 $1,236 $14,030 $3,363 $10,667
2019 $1,213 $13,981 $3,351 $10,630
2018 $605 $7,161 $3,336 $3,825
2017 $593 $7,069 $3,293 $3,776
2016 $581 $6,966 $3,245 $3,721
2015 $575 $6,883 $3,206 $3,677
2014 $567 $6,838 $3,185 $3,653
2013 $554 $6,838 $3,185 $3,653
Source: Public Records

Agents Affiliated with this Home

  • GREG ZESSIN

    Seller's Agent in 2022

    GREG ZESSIN

    Springfield Real Estate, LLC

    (217) 414-0373

    6 in this area

    58 Total Sales

    GREG ZESSIN
    Section Image
  • Jerry George

    Buyer's Agent in 2022

    Jerry George

    The Real Estate Group, Inc.

    (217) 638-1360

    18 in this area

    890 Total Sales

    Jerry George
    Section Image
  • Ronald Duff

    Seller's Agent in 2017

    Ronald Duff

    RE/MAX Professionals

    (217) 652-6025

    1 in this area

    72 Total Sales

    Ronald Duff
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA1019171

RMLS Alliance

APN: 14-33.0-481-018

Illinois Sangamon County Springfield 62704 Vinegar Hill

1125 S Spring St, Springfield, IL

Not Listed for Sale

MultiFamily

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