NOT LISTED FOR SALE

1214 W Monroe St Springfield, IL 62704

Historic West Side Neighborhood

Estimated Value: $150,000 - $194,000

Studio
-- Bath
2,468 Sq Ft
$70/Sq Ft Est. Value

Last Sold November 07, 2024

Last sale price $170,000 $69 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,233/month

40 Days on Market

Highlights

  • Forced Air Heating System
  • Springfield High School Rated A-
  • Level Lot

About This Home

As of November 2024

Great investment opportunity in this well maintained 2 story, 2 unit building in a great location. The roof is only 6 years old. Each unit has their own separate entrance. The main floor unit is 1192 SQFT with 2 bedrooms, 1 bathroom, living room, dining room, kitchen and is currently rented for 850 a month. The 2nd floor unit is 1276 SQFT with 2 bedrooms, 1 bathroom, living room, dining room, kitchen and is rented for 800. The lot it very big and has ample parking in the back of the home. There is an unfinished basement where both units have access to the laundry hook ups.

Last Agent to Sell the Property

Krystal K Buscher

The Real Estate Group, Inc. Brokerage Phone: 217-553-9280 License #475142742 Listed on: 08/30/2024

The Real Estate Group, Inc.

Last Buyer's Agent

Sudi Blood

IN BETWEEN OFFICES License #475120068

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,822

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 53' x 294.8'
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,468 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Parking Pad
  • On-Street Parking

Schools

  • Dubois Elementary School
  • Us Grant Middle School
  • Springfield High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Trash Expense $638

Listing and Financial Details

  • Tenant pays for gas & electric, water
  • Assessor Parcel Number 14-32.0-229-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,822

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1920
  • New Construction: No
  • Structure Type: Two or More Story
  • Attribution Contact: Mobl: 217-553-9280
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding, Brick
  • Foundation Details: Brick
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: On Street, Parking Pad
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air, Gas, Window Unit(s)
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfDishwashers: 2
  • NumberOfWindowUnits: 2

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 638
  • AdvertisingExpense: 0

Schools

  • Elementary School: Dubois
  • High School: Springfield
  • Middle Or Junior School: US Grant

Lot Info

  • Lot Size: 53' x 294.8'
  • Parcel #: 14-32.0-229-015

Rental Info

  • Tenant Pays: Gas & Electric, Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3821.84
  • TaxExemptions: None

Multi Family

  • Resident Manager Expense: 1980

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Nov 7, 2024
Sold by
Doubles Real Estate Investments Llc
Bought by
Bunchman Holdings Llc
Seller's Agent
Krystal K Buscher
The Real Estate Group, Inc.
Buyer's Agent
Sudi Blood
IN BETWEEN OFFICES
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%
Views
45
Current Estimated Value
$172,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,843
Avg. Annual Appreciation
1.44%

Purchase Details

Closed on
Oct 26, 2006

Purchase Details

Closed on
Dec 20, 2004

Purchase Details

Closed on
Jun 26, 1997
Source: Public Records
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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
Bunchman Holdings Llc $170,000 None Listed On Document
-- $100,000 --
-- $104,000 --
-- $67,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2024 11/07/24 Sold $170,000 -10.5% $69 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $190,000 -5.0% $77 / Sq Ft
08/30/2024 08/30/24 For Sale $199,900 +73.8% $81 / Sq Ft
05/20/2016 05/20/16 Sold $115,000 +4.5% $41 / Sq Ft View Prior Sale
04/05/2016 04/05/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $110,000 -- $39 / 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 $3,975 $47,326 $9,009 $38,317
2023 $3,822 $43,228 $8,229 $34,999
2022 $3,675 $41,006 $7,806 $33,200
2021 $3,553 $39,471 $7,514 $31,957
2020 $3,482 $39,530 $7,525 $32,005
2019 $3,417 $39,392 $7,499 $31,893
2018 $3,186 $37,709 $7,461 $30,248
2017 $3,120 $37,222 $7,365 $29,857
2016 $2,559 $36,680 $7,258 $29,422
2015 $2,528 $36,241 $7,171 $29,070
2014 $2,487 $36,007 $7,125 $28,882
2013 $2,431 $36,007 $7,125 $28,882
Source: Public Records

Agents Affiliated with this Home

  • Krystal K Buscher

    Seller's Agent in 2024

    Krystal K Buscher

    The Real Estate Group, Inc.

    (217) 553-9280

    8 in this area

    314 Total Sales

    Krystal K Buscher
    Section Image

  • S

    Buyer's Agent in 2024

    Sudi Blood

    IN BETWEEN OFFICES

    Section Image
  • KC SULLIVAN

    Seller's Agent in 2016

    KC SULLIVAN

    The Real Estate Group, Inc.

    (217) 416-3681

    15 in this area

    237 Total Sales

    KC SULLIVAN
    Section Image
  • ANTHONY BUSCHER

    Buyer's Agent in 2016

    ANTHONY BUSCHER

    The Real Estate Group, Inc.

    (217) 801-0740

    1 Total Sale

    ANTHONY BUSCHER
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1031539

RMLS Alliance

APN: 14-32.0-229-015

Illinois Sangamon County Springfield 62704 Historic West Side

1214 W Monroe St, Springfield, IL

Not Listed for Sale

MultiFamily

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