NOT LISTED FOR SALE

1401 Spring St Quincy, IL 62301

Estimated Value: $122,000 - $133,000

3 Beds
2 Baths
2,504 Sq Ft
$51/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $105,000 $42 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $842/month

9 Days on Market

About This Home

As of March 2022

Solid brick, 2 unit building in a great location. Main floor unit is 2 bedroom, 1 full bath. Newly painted and some new flooring. Bedrooms are large with walk-in closets. Second floor unit is an oversized 1 bedroom, 1 bath. New paint and all new flooring. All appliances convey in both. Updated electricity. Separate common laundry room with coin operated w/d. Attached, spacious garage that could be rented out separately. Separate Electric and gas meters. Off-street parking. Inspections welcome, selling as-is, Stove included, Refrigerator included

Last Agent to Sell the Property

Dawn Fleer

Zanger & Associates, Inc., REALTORS Listed on: 02/11/2022

Last Buyer's Agent

Lance Grady

LG Realty License #471001437

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,034

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 24x30

Parking

  • 1 Car Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Rooney Elementary School
  • Quincy High School

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,034

Lot Details

3,049 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Legal Description: LOT 7 BLK 28 ALSTYNE SURVEY 2 24 FT OF S 130 FT LOT 7
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Bedrooms: 0

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Parking: Garage

Schools

  • Elementary School: Rooney
  • High School: Quincy

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 24X30
  • Zoning: SINGL

Rental Info

  • Board Number: 27

Tax Info

  • Tax Annual Amount: 1034
  • Tax Year: 2020

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 22, 2022
Sold by
Dnf Properties Llc
Bought by
Donaldson Capital Llc
Seller's Agent
Dawn Fleer
Zanger & Associates, Inc., REALTORS
Buyer's Agent
Lance Grady
LG Realty
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%
Current Estimated Value
$127,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,354
Avg. Annual Appreciation
4.99%
Original Mortgage
$84,000
Outstanding Balance
$26,709
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$100,645

Purchase Details

Listed on
Jun 28, 2019
Closed on
Oct 4, 2019
Sold by
Jones O A O and Jones Ann E
Bought by
Dnf Properties Llc
Seller's Agent
Janet Arns
Happel Inc., REALTORS
Buyer's Agent
Dawn Fleer
Zanger & Associates, Inc., REALTORS
List Price
$59,900
Sold Price
$45,000
Premium/Discount to List
-$14,900
-24.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.92%
Original Mortgage
$40,500
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Donaldson Capital Llc $105,000 Title Center
Dnf Properties Llc $45,000 Little David C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donaldson Capital Llc $84,000
Previous Owner Dnf Properties Llc $40,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2022 03/22/22 Sold $105,000 -4.5% $42 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $109,900 +144.2% $44 / Sq Ft
10/04/2019 10/04/19 Sold $45,000 -24.9% $18 / Sq Ft View Prior Sale
09/04/2019 09/04/19 Pending -- -- --
06/28/2019 06/28/19 For Sale $59,900 -- $24 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $2,237 $34,300 $1,890 $32,410
2023 $1,205 $34,800 $1,750 $33,050
2022 $1,205 $17,980 $1,630 $16,350
2021 $1,054 $15,300 $1,600 $13,700
2020 $1,034 $15,000 $1,570 $13,430
2019 $1,128 $16,500 $1,550 $14,950
2018 $1,120 $16,180 $1,520 $14,660
2017 $1,091 $16,010 $1,500 $14,510
2016 $1,071 $15,360 $1,440 $13,920
2015 $8,248,400 $15,360 $1,440 $13,920
2012 $825 $11,910 $1,400 $10,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12246352

Midwest Real Estate Data (MRED)

APN: 23-5-1531-000-00

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