NOT LISTED FOR SALE

1409 S 5th St Springfield, IL 62703

Iles Park Neighborhood

Estimated Value: $32,472

-- Bed
-- Bath
843 Sq Ft
$39/Sq Ft Est. Value

Last Sold November 04, 2020

Last sale price $26,000 $31 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $213/month

70 Days on Market

About This Home

As of November 2020

Take a look at this commercial property zoned R5B, located in the perfect spot for an office or business. The office building has laminate flooring throughout and includes: a reception area, separate rooms that could be used as offices and/or conference rooms, a kitchen/break room and one bathroom. Ample parking in the back. No known leaks, but will need a new roof. Also needs an AC Condenser unit. Priced accordingly and selling as disclosed.

Last Listed By

Randy Aldrich

The Real Estate Group, Inc. License #475105744 Listed on: 07/17/2020

The Real Estate Group, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,128

Year Built

  • Built in 1885

Lot Details

  • 6,055

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$1,128

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office, Other
  • Lvt Date: 07/17/2020
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Other Flooring
  • Total Building Sq Ft: 840

Exterior Features

  • Exterior Finish: Wood Siding
  • Frontage Access: City Street, Easement, Other Frontage/Access
  • Insulation: Unknown
  • Roof Construction: Asphalt/Fiberglass
  • Wall Construction: Other Wall Construction

Utilities

  • Electric Company: CWLP
  • Cooling: None
  • Heating: Forced Air, Gas
  • Gas Company: Ameren IL
  • Water Company: CWLP

Lot Info

  • Zoning: R5B
  • Estimated Land Size: 40 x 152
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1127.74
  • Parcel Id Number Tax Id: 22040231012
  • Tax Incentive: None
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Oct 26, 2020
Sold by
Eddington Todd B
Bought by
Danz Warren E
Seller's Agent
Randy Aldrich
The Real Estate Group, Inc.
Buyer's Agent
CONSTANT SWIKLE
IN BETWEEN OFFICES
List Price
$34,900
Sold Price
$26,000
Premium/Discount to List
-$8,900
-25.5%
Total Days on Market
70
Current Estimated Value
$32,472

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,472
Avg. Annual Appreciation
5.00%

Purchase Details

Closed on
Nov 2, 2007

Purchase Details

Closed on
Oct 4, 2007

Purchase Details

Closed on
Dec 11, 2006

Purchase Details

Closed on
Mar 9, 1995

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
Danz Warren E $26,000 Fernandes David A
-- $52,000 --
-- -- --
-- $95,000 --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2020 11/04/20 Sold $26,000 -25.5% $31 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $34,900 -- $41 / 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 $1,320 $15,710 $9,177 $6,533
2023 $1,269 $14,349 $8,382 $5,967
2022 $1,220 $13,611 $7,951 $5,660
2021 $1,179 $13,101 $7,653 $5,448
2020 $1,156 $13,120 $7,664 $5,456
2019 $1,128 $12,999 $10,049 $2,950
2018 $1,657 $19,611 $15,982 $3,629
2017 $1,623 $19,357 $15,775 $3,582
2016 $1,591 $19,075 $15,545 $3,530
2015 $1,575 $18,847 $15,359 $3,488
2014 $1,552 $18,725 $15,260 $3,465
2013 $1,517 $18,725 $15,260 $3,465
Source: Public Records

Agents Affiliated with this Home

  • Randy Aldrich

    Seller's Agent in 2020

    Randy Aldrich

    The Real Estate Group, Inc.

    (217) 725-2505

    1 in this area

    273 Total Sales

    Randy Aldrich
    Section Image
  • CONSTANT SWIKLE

    Buyer's Agent in 2020

    CONSTANT SWIKLE

    IN BETWEEN OFFICES

    (941) 685-1148

    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1001235

RMLS Alliance

APN: 22-04.0-231-012

Illinois Sangamon County Springfield 62703 Iles Park

1409 S 5th St, Springfield, IL

Homes for Sale in Springfield, IL

This home is located at 1409 S 5th St, Springfield, IL 62703 since 17 July 2020 and is currently estimated at $32,472, approximately $38 per square foot. This property was built in 1885. 1409 S 5th St is a home located in Sangamon County with nearby schools including Edwin A. Lee Elementary School, Jefferson Middle School, and Springfield Southeast 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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