NOT LISTED FOR SALE

116 N Grand Ave E Springfield, IL 62702

Oak Ridge Neighborhood

Estimated Value: $67,119

Studio
-- Bath
880 Sq Ft
$76/Sq Ft Est. Value

Sale Details

Date Sold: January 14, 2020

Last sale price $59,000 $67 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $427 / mo

147 Days on Market

About This Home

As of January 2020

• Building: ± 880 SF - Land: ± 4,840 SF • Charming small office or retail setting for Sale or Lease • Building is ideal for a barber shop, beauty salon or nail studio • Modified Gross Lease: Tenant pays rent, utilities and janitorial • Building is adjacent to traffic signaled intersection in close proximity to Medical District • ILDOT Daily Average traffic count 13,400 • Average monthly utility cost $115.00 (Estimation received from current owner) • Zoning: City of Springfield B-1 Highway Business Service District • 2018 Real Estate Taxes: $2,215.04**SOME CAR INFORMATION REQUIRED ON THIS LISTING SHEET MAY NOT BE ACCURATE. CONTACT LISTING AGENT WITH QUESTIONS**

Last Agent to Sell the Property

Sam Nichols

True Commercial Real Estate License #471000181 Listed on: 08/20/2019

Last Buyer's Agent

Jim Skeeters

Keller Williams Capital License #475097981

Keller Williams Capital

Property Details

Property Type

  • Other

Lot Details

  • 4,792

Utilities

  • Cooling Available
  • Heating Available

Property Details

Property Type

Other

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Lvt Date: 08/20/2019
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring
  • Total Building Sq Ft: 880

Exterior Features

  • Exterior Finish: Other Exterior Finish
  • Frontage Access: City Street
  • Insulation: Other Insulation
  • Roof Construction: Other Roof Construction
  • Wall Construction: Other Wall Construction

Utilities

  • Cooling: Other Cooling
  • Heating: Other Heating

Lot Info

  • Estimated Number of Acres: 0.11
  • Zoning: B-1
  • Geo Subdivision: IL

Rental Info

  • Monthly Lease Rate: 750
  • Lease Dollar Sq Ft: 10.23
  • Sale Lease Includes: Building, Land
  • Terms Lease: Other Term/Lease

Tax Info

  • Parcel Id Number Tax Id: 14-27.0-101-004
  • Tax Incentive: None

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
Aug 20, 2019
Closed on
Feb 3, 2020
Sold by
Bought by
Seller's Agent
Sam Nichols
True Commercial Real Estate
Buyer's Agent
Jim Skeeters
Keller Williams Capital
List Price
$59,900
Sold Price
$59,000
Premium/Discount to List
-$900
-1.5%
Current Estimated Value
$67,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,119
Avg. Annual Appreciation
2.01%

Purchase Details

Listed on
Aug 20, 2019
Closed on
Jan 14, 2020
Sold by
Bought by
Seller's Agent
Sam Nichols
True Commercial Real Estate
Buyer's Agent
Jim Skeeters
Keller Williams Capital
List Price
$59,900
Sold Price
$59,000
Premium/Discount to List
-$900
-1.5%

Purchase Details

Closed on
Jan 9, 2002

Purchase Details

Closed on
Mar 17, 2000

Purchase Details

Closed on
Dec 12, 1997
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

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
-- Sgro Hanrahan Durr Rabin & Bru
-- --
$59,000 None Listed On Document
$64,000 --
$5,000 --
$60,000 --
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
01/14/2020 01/14/20 Sold $59,000 -1.5% $67 / Sq Ft
08/20/2019 08/20/19 For Sale $59,900 -- $68 / Sq Ft
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 $2,576 $31,813 $15,601 $16,212
2024 $2,492 $29,670 $14,550 $15,120
2023 $2,396 $27,101 $13,290 $13,811
2022 $2,304 $25,708 $12,607 $13,101
2021 $2,227 $24,745 $12,135 $12,610
2020 $2,183 $24,782 $12,153 $12,629
2019 $2,143 $24,696 $12,111 $12,585
2018 $2,215 $26,216 $12,047 $14,169
2017 $2,169 $25,877 $11,891 $13,986
2016 $2,127 $25,500 $11,718 $13,782
2015 $2,106 $25,195 $11,578 $13,617
2014 $2,074 $25,032 $11,503 $13,529
2013 $2,028 $25,032 $11,503 $13,529
Source: Public Records

Agents Affiliated with this Home

  • Sam Nichols

    Seller's Agent in 2020

    Sam Nichols

    True Commercial Real Estate

    (217) 787-2808

    10 Total Sales

    Sam Nichols
    Section Image
  • Jim Skeeters

    Buyer's Agent in 2020

    Jim Skeeters

    Keller Williams Capital

    (217) 971-6775

    12 in this area

    505 Total Sales

    Jim Skeeters
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: RMACA1677

RMLS Alliance

APN: 14-27.0-101-004

Illinois Sangamon County Springfield 62702 Oak Ridge

116 N Grand Ave E, Springfield, IL

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 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.