NOT LISTED FOR SALE

1316 E Melrose St Springfield, IL 62703

Bunn Park Neighborhood

Estimated Value: $61,233 - $67,000

-- Bed
-- Bath
1,800 Sq Ft
$36/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $28,000 $16 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $463/month

347 Days on Market

About This Home

As of July 2014

TRIPLEX UNIT COMPLETE WITH STOVES/ REFRIGERATORS "SOLD AS IS". STORAGE ROOM FOR EXTRA STORAGE. SQ FT BELIEVED TO BE ACCURATE BUT NOT WARRANTED.

Last Agent to Sell the Property

B. Louise Forney

Beverly Christian Real Estate License #475135326 Listed on: 07/18/2013

Last Buyer's Agent

Out of Area Out of Area

OUT OF AREA FIRM License #475085083

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,283

Year Built

  • Built in 1925

Lot Details

  • 4,269

Home Design

  • Concrete Foundation

Schools

  • Springfield District #186 High School

Utilities

  • Cable TV Available

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,283

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Other Style
  • Legal Description: W 57' L 92&W 57' N 35' L93 LENOX SUB
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 3
  • Number Refrigerators: 3
  • Basement: Concrete
  • Price Per Sq Ft: 15.56
  • Total Sq Ft: 1800

Exterior Features

  • Exterior: Stucco

Garage/Parking

  • Garage Parking: On-Street Parking
  • Number Parking Spaces: 3

Utilities

  • Heating Cooling: Forced Air, Gas, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 124
  • Gas Expense: 3500
  • Number Window Units: 3

Schools

  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 57 X 75
  • Zoning: RESIDENTIAL
  • Geo Subdivision: IL

Rental Info

  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 1283
  • Parcel Id Number Tax Id: 22030453014
  • Tax Year: 2012

Multi Family

  • Total Number Units: 3
  • Gross Annual Income: 18240

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2013
Closed on
Jul 30, 2014
Seller's Agent
B. Louise Forney
Beverly Christian Real Estate
Buyer's Agent
Out of Area Out of Area
OUT OF AREA FIRM
List Price
$40,000
Sold Price
$28,000
Premium/Discount to List
-$12,000
-30%
Current Estimated Value
$64,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,058
Avg. Annual Appreciation
7.52%

Purchase Details

Closed on
Nov 6, 1992
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
-- $28,000 --
-- $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2014 07/30/14 Sold $28,000 -30.0% $16 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
07/18/2013 07/18/13 For Sale $40,000 -- $22 / 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 $1,537 $18,299 $2,155 $16,144
2023 $1,478 $16,714 $1,968 $14,746
2022 $1,421 $15,855 $1,867 $13,988
2021 $1,374 $15,261 $1,797 $13,464
2020 $1,346 $15,284 $1,800 $13,484
2019 $1,321 $15,231 $1,794 $13,437
2018 $1,429 $16,913 $1,785 $15,128
2017 $1,399 $16,694 $1,762 $14,932
2016 $1,372 $16,450 $1,736 $14,714
2015 $1,359 $16,253 $1,715 $14,538
2014 $1,338 $16,148 $1,704 $14,444
2013 $1,308 $16,148 $1,704 $14,444
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    B. Louise Forney

    Beverly Christian Real Estate

    (217) 341-4684

    1 in this area

    12 Total Sales

    B. Louise Forney
    Section Image

  • O

    Buyer's Agent in 2014

    Out of Area Out of Area

    OUT OF AREA FIRM

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMACA133986

RMLS Alliance

APN: 22-03.0-453-014

Illinois Sangamon County Springfield 62703 Bunn Park

1316 E Melrose St, Springfield, IL

Not Listed for Sale

MultiFamily

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