NOT LISTED FOR SALE

1216 S 5th St Springfield, IL 62703

Old Aristocracy Hill Neighborhood

Estimated Value: $66,507

-- Bed
-- Bath
1,695 Sq Ft
$39/Sq Ft Est. Value

Last Sold October 15, 2012

Last sale price $40,000 $24 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $431/month

48 Days on Market

About This Home

As of October 2012

GREAT POTENTIAL FOR RENTAL PROPERTY! AMAZING ORIGINAL WOOD WORK AND HARDWOOD FLOORS. THIS BUILDING WAS A FORMER LAW OFFICE WITH HOUSING ATTACHED. ON STREET PARKING AS WELL AS PARKING BEHIND BUILDING. GREAT LOCATION!!ZONED FOR RESIDENTIAL OR OFFICE. DO NOT PASS UP ON THIS GREAT INVESTMENT.

Last Agent to Sell the Property

Mike Buscher

The Real Estate Group, Inc. License #471000541 Listed on: 06/14/2012

The Real Estate Group, Inc.

Last Buyer's Agent

Bill Marriott

The Real Estate Group, Inc. License #475116051

The Real Estate Group, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,774

Property Details

Property Type

Other

Est. Annual Taxes

$3,774

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Price Per Sq Ft: 23.6
  • Total Sq Ft: 1695

Lot Info

  • Zoning: R5B
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land

Tax Info

  • Annual Taxes: 2440
  • Parcel Id Number Tax Id: 14340362007
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2012
Closed on
Oct 15, 2012
Seller's Agent
Mike Buscher
The Real Estate Group, Inc.
Buyer's Agent
Bill Marriott
The Real Estate Group, Inc.
List Price
$59,000
Sold Price
$40,000
Premium/Discount to List
-$19,000
-32.2%
Current Estimated Value
$66,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,507
Avg. Annual Appreciation
4.18%

Purchase Details

Closed on
Sep 7, 2010

Purchase Details

Closed on
Nov 4, 1998
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
-- $40,000 --
-- -- --
-- $40,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2012 10/15/12 Sold $40,000 -32.2% $24 / Sq Ft
08/01/2012 08/01/12 Pending -- -- --
06/14/2012 06/14/12 For Sale $59,000 -- $35 / 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 $3,774 $44,934 $13,802 $31,132
2023 $3,629 $41,043 $12,607 $28,436
2022 $3,489 $38,933 $11,959 $26,974
2021 $3,373 $37,475 $11,511 $25,964
2020 $3,306 $37,531 $11,528 $26,003
2019 $3,245 $37,400 $11,488 $25,912
2018 $3,431 $40,606 $11,435 $29,171
2017 $3,360 $40,081 $11,287 $28,794
2016 $3,294 $39,496 $11,122 $28,374
2015 $3,262 $39,024 $10,989 $28,035
2014 $2,609 $38,772 $10,918 $27,854
2013 $2,550 $31,479 $10,917 $20,562
Source: Public Records

Agents Affiliated with this Home

  • Mike Buscher

    Seller's Agent in 2012

    Mike Buscher

    The Real Estate Group, Inc.

    (217) 553-5958

    6 Total Sales

    Section Image
  • Bill Marriott

    Buyer's Agent in 2012

    Bill Marriott

    The Real Estate Group, Inc.

    (217) 741-0198

    33 Total Sales

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Map

Source: RMLS Alliance

MLS Number: RMACA122920

RMLS Alliance

APN: 14-34.0-362-007

Illinois Sangamon County Springfield 62703 Old Aristocracy Hill

1216 S 5th St, Springfield, IL

This home is located at 1216 S 5th St, Springfield, IL 62703 since 14 June 2012 and is currently estimated at $66,507, approximately $39 per square foot. 1216 S 5th 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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