NOT LISTED FOR SALE

1501 S 5th St Springfield, IL 62703

Iles Park Neighborhood

Estimated Value: $331,715

4 Beds
2 Baths
2,496 Sq Ft
$133/Sq Ft Est. Value

About This Home

This home is located at 1501 S 5th St, Springfield, IL 62703 and is currently estimated at $331,715, approximately $132 per square foot. 1501 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2023
Sold by
Concept Investments Of Illinois Llc
Bought by
Eli Hoffman Llc
Current Estimated Value
$331,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$264,019
Interest Rate
6.45%
Mortgage Type
New Conventional
Estimated Equity
$67,697

Purchase Details

Closed on
Jul 1, 2008

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Eli Hoffman Llc $280,000 --
-- $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eli Hoffman Llc $280,000
Closed Eli Hoffman Llc $33,906
Source: Public Records

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 $5,722 $68,128 $28,959 $39,169
2023 $5,502 $62,228 $26,451 $35,777
2022 $7,217 $80,534 $25,092 $55,442
2021 $6,977 $77,518 $24,152 $53,366
2020 $6,839 $77,634 $24,188 $53,446
2019 $6,712 $77,364 $24,104 $53,260
2018 $7,091 $83,929 $23,971 $59,958
2017 $6,944 $82,844 $23,661 $59,183
2016 $6,808 $81,636 $23,316 $58,320
2015 $6,742 $80,660 $23,037 $57,623
2014 $6,641 $80,139 $22,888 $57,251
2013 $6,493 $80,139 $22,888 $57,251
Source: Public Records

Map

Illinois Sangamon County Springfield 62703 Iles Park

1501 S 5th St, Springfield, IL

Homes for Sale in Springfield, IL

This home is located at 1501 S 5th St, Springfield, IL 62703 and is currently estimated at $331,715, approximately $132 per square foot. 1501 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.

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