NOT LISTED FOR SALE

1402 N 3rd St Springfield, IL 62702

Lincoln Park Neighborhood

Estimated Value: $134,815

-- Bed
-- Bath
3,284 Sq Ft
$41/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $120,000 $37 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,029/month

4 Days on Market

Highlights

  • Creek On Lot
  • Wood Siding
  • 4-minute walk to Oak Ridge Cemetery
  • Forced Air Heating System

About This Home

As of October 2023

Solid cash flowing triplex in the heart of Springfield with long term tenants. This multi family property consists of a duplex with (2) 2 bed 1 bath units and a 2 bed 1 bath stand alone unit on the same parcel. Owner pays water and trash, tenants pay gas and electric.

Last Agent to Sell the Property

Dominic Campo

Campo Realty, Inc. Brokerage Phone: 217-625-4663 License #471019259 Listed on: 08/21/2023

Last Buyer's Agent

Diane Tinsley

The Real Estate Group, Inc. License #471018772

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,571

Year Built

  • Built in 1910

Lot Details

  • 6,273

Home Design

  • Brick Foundation
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 3,284 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Parking Spaces
  • On-Street Parking

Schools

  • Springfield District #186 High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Well

Additional Features

  • Creek On Lot
  • Lot Dimensions are 50 x125

Community Details

  • Trash Expense $1

Listing and Financial Details

  • Assessor Parcel Number 14-22.0-307-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,571

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1910
  • New Construction: No
  • Structure Type: Two or More Story, Other, Triplex
  • Age55PlusDevelopment: No
  • Attribution Contact: Office: 217-625-4663
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished

Exterior Features

  • Lot Features: Creek
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding, Wood Siding
  • Foundation Details: Brick, Slab
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street, Other
  • Total Parking Spaces: 3

Utilities

  • Heating: Forced Air, Gas, No Cooling
  • Laundry Features: None
  • Water Source: Private Well, Public Sewer
  • GasExpense: 0
  • NumberOfRanges: 3
  • NumberofRefrigerators: 3
  • NumberOfWashers: 0
  • NumberOfDryers: 0
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Fee Information

  • Trash Expense: 1
  • AdvertisingExpense: 0

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 50 X125
  • Parcel #: 14-22.0-307-017

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1571.48
  • TaxExemptions: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2025
Sold by
Kalvert Hussain
Bought by
Kalvert Hussain and Kalvert Nafisa
Current Estimated Value
$134,815

Purchase Details

Listed on
Aug 21, 2023
Closed on
Oct 3, 2023
Sold by
Coy Chuck
Bought by
Kalvert Hussain
Seller's Agent
Dominic Campo
Campo Realty, Inc.
Buyer's Agent
Diane Tinsley
The Real Estate Group, Inc.
List Price
$114,900
Sold Price
$120,000
Premium/Discount to List
$5,100
4.44%
Views
53

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.36%
Original Mortgage
$90,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2005

Purchase Details

Closed on
May 26, 2005

Purchase Details

Closed on
Oct 30, 1998
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
Kalvert Hussain -- None Listed On Document
Kalvert Hussain $120,000 None Listed On Document
-- $46,500 --
-- -- --
-- $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kalvert Hussain $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2023 10/02/23 Sold $120,000 +4.4% $37 / Sq Ft
08/21/2023 08/21/23 For Sale $114,900 -- $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 $3,877 $46,152 $2,971 $43,181
2023 $4,053 $45,837 $2,714 $43,123
2022 $1,571 $17,537 $2,574 $14,963
2021 $1,519 $16,881 $2,478 $14,403
2020 $1,489 $16,907 $2,482 $14,425
2019 $1,462 $16,848 $2,473 $14,375
2018 $1,527 $18,068 $2,463 $15,605
2017 $1,495 $17,834 $2,431 $15,403
2016 $1,466 $17,574 $2,396 $15,178
2015 $1,451 $17,364 $2,367 $14,997
2014 $1,413 $17,252 $2,352 $14,900
2013 $1,382 $17,053 $2,353 $14,700
Source: Public Records

Agents Affiliated with this Home

  • Dominic Campo

    Seller's Agent in 2023

    Dominic Campo

    Campo Realty, Inc.

    (217) 622-5106

    3 in this area

    246 Total Sales

    Dominic Campo
    Section Image
  • Diane Tinsley

    Buyer's Agent in 2023

    Diane Tinsley

    The Real Estate Group, Inc.

    (217) 416-0993

    4 in this area

    475 Total Sales

    Diane Tinsley
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1024230

RMLS Alliance

APN: 14-22.0-307-017

Illinois Sangamon County Springfield 62702 Lincoln Park

1402 N 3rd St, Springfield, IL

Not Listed for Sale

MultiFamily

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