NOT LISTED FOR SALE

1301 E Cedar St Springfield, IL 62703

Estimated Value: $54,000 - $70,999

3 Beds
1 Bath
946 Sq Ft
$65/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $50,000 $53 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $462/month

3 Days on Market

Highlights

  • 2 Car Detached Garage
  • Eat-In Kitchen
  • Forced Air Heating System
  • Owen Marsh Elementary School Rated 9+
  • Bungalow

About This Home

As of November 2023

This 3 bed 1 bath home is a great investment opportunity! The property was last rented at $1,050.00 / month. It features a spacious living room, kitchen, and main floor laundry. Outside you will find a detached two car garage. Home is located on a corner lot.

Last Agent to Sell the Property

Clayton Yates

The Real Estate Group, Inc. License #475160796 Listed on: 10/18/2023

The Real Estate Group, Inc.

Last Buyer's Agent

Clayton Yates

The Real Estate Group, Inc. License #475160796 Listed on: 10/18/2023

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $831

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 51 x 152

Parking

  • 2 Car Detached Garage

Home Design

  • 946 Sq Ft Home
  • Bungalow
  • Slab Foundation
  • Shingle Roof
  • Aluminum Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Springfield District #186 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 22-03.0-209-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$831

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1969
  • Architectural Style: Bungalow
  • New Construction: No
  • PricePerSqFt: 52.85
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 946
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Other
  • Construction Type: Aluminum Siding
  • Foundation Details: Slab
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Heating: Gas, Forced Air, Central Air
  • Water Source: Public Sewer, Public

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 51 x 152
  • Parcel #: 22-03.0-209-005

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 830.78
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Nov 21, 2023
Sold by
Wilmarth Renewals Llc
Bought by
Clark Matthew Richard and Clark Angela Ruth
Seller's Agent
Clayton Yates
The Real Estate Group, Inc.
Buyer's Agent
Clayton Yates
The Real Estate Group, Inc.
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Views
12
Current Estimated Value
$61,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,500
Avg. Annual Appreciation
11.64%
Original Mortgage
$37,500
Outstanding Balance
$36,975
Interest Rate
8.63%
Mortgage Type
New Conventional
Estimated Equity
$24,525

Purchase Details

Listed on
Oct 18, 2023
Closed on
Nov 16, 2023
Sold by
Wilmarth Renewals Llc
Bought by
Clark Matthew Richard and Clark Angela Ruth
Seller's Agent
Clayton Yates
The Real Estate Group, Inc.
Buyer's Agent
Clayton Yates
The Real Estate Group, Inc.
List Price
$55,000
Sold Price
$50,000
Premium/Discount to List
-$5,000
-9.09%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Outstanding Balance
$36,975
Interest Rate
8.63%
Mortgage Type
New Conventional
Estimated Equity
$24,525

Purchase Details

Closed on
Feb 15, 2022
Sold by
Wilmarth Properties Llc
Bought by
Wilmarth Renewals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,019
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2013

Purchase Details

Closed on
Oct 20, 2008
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
Clark Matthew Richard $50,000 None Listed On Document
Clark Matthew Richard $50,000 None Listed On Document
Wilmarth Renewals Llc -- Barber Segatto Hoffee Wilke &
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Matthew Richard $37,500
Closed Clark Matthew Richard $37,500
Previous Owner Wilmarth Renewals Llc $303,019
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2023 11/20/23 Sold $50,000 -9.1% $53 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $55,000 -- $58 / 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 $1,610 $19,166 $1,913 $17,253
2023 $886 $10,018 $1,747 $8,271
2022 $831 $9,271 $1,658 $7,613
2021 $803 $8,924 $1,596 $7,328
2020 $787 $8,937 $1,598 $7,339
2019 $773 $8,905 $1,592 $7,313
2018 $829 $9,817 $1,584 $8,233
2017 $812 $9,691 $1,564 $8,127
2016 $796 $9,549 $1,541 $8,008
2015 $789 $9,435 $1,523 $7,912
2014 $834 $9,374 $1,513 $7,861
2013 $815 $10,063 $1,513 $8,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1025487

RMLS Alliance

APN: 22-03.0-209-005