NOT LISTED FOR SALE

1214 S 7th St Springfield, IL 62703

Old Aristocracy Hill Neighborhood

Estimated Value: $134,636

-- Bed
-- Bath
6,420 Sq Ft
$21/Sq Ft Est. Value

Last Sold March 27, 2015

Last sale price $102,000 $16 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $849/month

17 Days on Market

About This Home

As of March 2015

A great investment opportunity at this price. Listed as all two bedrooms but 2nd floor units are being used as 3 bedroom units. This could be an owner occupied and let the tenants make the payments and operating expenses. Each unit offers almost 1600 sq.ft. of living space. Each have a rear private updated deck.Close to Downtown. Newer windows in one unit. Updated kitchen and bath in Unit A. Each unit comes with Range Oven & Refrigerators. First floor units have access to basement for storage.

Last Agent to Sell the Property

M.T. VANN

Prairie Property Solutions License #471010531 Listed on: 01/25/2015

Last Buyer's Agent

Gail Chevalier Zini

Snelling-Chevalier Real Estate License #471000554

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,376

Lot Details

  • 6,316

Schools

  • Springfield District #186 High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Cable TV Available

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,376

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Other Style
  • Legal Description: E. Iles 2nd Addn. S 6.08 E 29.30 L3 & ALL L 4 B 9
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 4
  • Number Refrigerators: 4
  • Basement: Full, Brick
  • Price Per Sq Ft: 15.89
  • Total Sq Ft: 6420

Exterior Features

  • Exterior: Brick, Wood Siding

Garage/Parking

  • Garage Parking: On-Street Parking, Parking Slab
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Gas, Hot Water, Window Units, Other Mechanics
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 570
  • Garbage Collection Exp: 660
  • Gas Expense: 4284
  • Water Sewer Expenses: 1200
  • Number Window Units: 4

Schools

  • High School: Springfield District #186
  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 42 X 153
  • Zoning: R5B
  • Geo Subdivision: IL

Rental Info

  • Lease Information: 1 Year, Various Terms
  • Management Expense: 1800

Tax Info

  • Annual Taxes: 3375.9
  • Parcel Id Number Tax Id: 14340382004
  • Tax Year: 2013

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 36000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2022
Sold by
Gregory Marc S
Bought by
Anderson Estates Llc
Total Days on Market
17
Current Estimated Value
$134,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,480,000
Outstanding Balance
$2,307,105
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2015
Closed on
Feb 23, 2015
Seller's Agent
M.T. VANN
Prairie Property Solutions
Buyer's Agent
Gail Chevalier Zini
Snelling-Chevalier Real Estate
List Price
$110,000
Sold Price
$102,000
Premium/Discount to List
-$8,000
-7.27%

Purchase Details

Closed on
Jan 31, 2013

Purchase Details

Listed on
Feb 7, 2012
Closed on
Feb 17, 2012
Seller's Agent
AL YOUNG
IN BETWEEN OFFICES
Buyer's Agent
Krystal K Buscher
The Real Estate Group, Inc.
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%

Purchase Details

Listed on
Feb 7, 2012
Closed on
Jan 18, 2012
Seller's Agent
AL YOUNG
IN BETWEEN OFFICES
Buyer's Agent
Krystal K Buscher
The Real Estate Group, Inc.
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%

Purchase Details

Closed on
Aug 27, 2009
Source: Public Records

Range of Values:

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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
Anderson Estates Llc $1,370,000 --
-- $102,000 --
-- $125,000 --
-- $70,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Estates Llc $2,480,000
Previous Owner Gregory Marc $76,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2015 03/27/15 Sold $102,000 +13500.0% $16 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
01/26/2015 01/26/15 Rented $750 0.0% --
01/25/2015 01/25/15 For Sale $110,000 0.0% $17 / Sq Ft
12/27/2014 12/27/14 Under Contract -- -- --
12/16/2014 12/16/14 For Rent $750 0.0% --
02/23/2012 02/23/12 Sold $70,000 -12.4% $11 / Sq Ft
02/16/2012 02/16/12 Pending -- -- --
02/07/2012 02/07/12 For Sale $79,900 -- $12 / 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 $5,111 $60,853 $20,953 $39,900
2023 $4,914 $55,584 $19,139 $36,445
2022 $4,725 $52,726 $18,155 $34,571
2021 $4,568 $50,752 $17,475 $33,277
2020 $4,477 $50,828 $17,501 $33,327
2019 $4,394 $50,651 $17,440 $33,211
2018 $3,009 $35,608 $17,354 $18,254
2017 $2,946 $35,148 $17,130 $18,018
2016 $2,888 $34,635 $16,880 $17,755
2015 $2,860 $34,221 $16,678 $17,543
2014 $3,453 $34,000 $16,570 $17,430
2013 $3,376 $41,667 $16,570 $25,097
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    M.T. VANN

    Prairie Property Solutions

  • G

    Buyer's Agent in 2015

    Gail Chevalier Zini

    Snelling-Chevalier Real Estate

    (217) 625-2411

    1 in this area

    129 Total Sales

    Gail Chevalier Zini
    Section Image
  • AL YOUNG

    Seller's Agent in 2012

    AL YOUNG

    IN BETWEEN OFFICES

    Section Image
  • Krystal K Buscher

    Buyer's Agent in 2012

    Krystal K Buscher

    The Real Estate Group, Inc.

    (217) 553-9280

    2 in this area

    324 Total Sales

    Krystal K Buscher
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA150346

RMLS Alliance

APN: 14-34.0-382-004

Illinois Sangamon County Springfield 62703 Old Aristocracy Hill

1214 S 7th St, Springfield, IL

This home is located at 1214 S 7th St, Springfield, IL 62703 since 25 January 2015 and is currently priced at $134,636, approximately $20 per square foot. 1214 S 7th St is a home located in Sangamon County with nearby schools including Elizabeth Graham Elementary School, Benjamin Franklin Middle School, and Springfield High School.

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.

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