NOT LISTED FOR SALE

1502 S Pasfield St Springfield, IL 62704

Grand Central Neighborhood

Estimated Value: $64,969 - $110,000

-- Bed
-- Bath
3,024 Sq Ft
$26/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $75,000 $25 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $496/month

26 Days on Market

About This Home

As of March 2023

Solid investment opportunity in the heart of the city. Three total units; 2 currently occupied. Strong history of long-term tenancy. Private Two-car garage space is available for an additional income source; it could be a workshop or storage.

Last Agent to Sell the Property

KATHY GARST

The Real Estate Group, Inc. License #475121251 Listed on: 01/03/2023

The Real Estate Group, Inc.

Last Buyer's Agent

KATHY GARST

The Real Estate Group, Inc. License #475121251 Listed on: 01/03/2023

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,945

Year Built

  • Built in 1890

Lot Details

  • Lot Dimensions are 144x40
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,024 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Springfield District #186 High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Gas

Community Details

  • Trash Expense $216

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 22-04.0-209-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,945

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1890
  • New Construction: No
  • Structure Type: Triplex
  • PricePerSqFt: 24.8
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Full

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: On Street

Utilities

  • Heating: Forced Air, Gas, Window Unit(s)
  • Electric Expense: 1920
  • Water Sewer Expenses: 720
  • Water Source: Public Sewer, Public
  • GasExpense: 2208
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 1
  • NumberOfCentralAirUnits: 3
  • NumberOfGasMeters: 1
  • NumberOfElectricMeters: 1
  • NumberofWaterMeters: 1

Fee Information

  • Trash Expense: 216
  • AdvertisingExpense: 0

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 144x40
  • Parcel #: 22-04.0-209-001

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2944.92
  • TaxExemptions: Homestead/Owner Occupied

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 5064

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
Mar 30, 2023
Sold by
Capranica James F
Bought by
Haastrup Damon Adedeji
Seller's Agent
KATHY GARST
The Real Estate Group, Inc.
Buyer's Agent
KATHY GARST
The Real Estate Group, Inc.
List Price
$89,500
Sold Price
$75,000
Premium/Discount to List
-$14,500
-16.2%
Views
153
Current Estimated Value
$78,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,492
Avg. Annual Appreciation
3.27%
Original Mortgage
$56,250
Outstanding Balance
$39,370
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$41,886

Purchase Details

Closed on
Apr 6, 2001
Source: Public Records

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Haastrup Damon Adedeji $75,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haastrup Damon Adedeji $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $75,000 -16.2% $25 / Sq Ft
01/30/2023 01/30/23 For Sale $89,500 0.0% $30 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
01/03/2023 01/03/23 For Sale $89,500 -- $30 / 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 $2,410 $28,692 $5,113 $23,579
2023 $1,787 $26,207 $4,670 $21,537
2022 $3,067 $40,224 $4,431 $35,793
2021 $2,945 $38,718 $4,265 $34,453
2020 $2,887 $38,776 $4,271 $34,505
2019 $2,832 $38,641 $4,256 $34,385
2018 $1,792 $27,212 $4,235 $22,977
2017 $1,749 $26,860 $4,180 $22,680
2016 $1,707 $26,468 $4,119 $22,349
2015 $1,684 $26,152 $4,070 $22,082
2014 $1,656 $25,983 $4,044 $21,939
2013 $1,619 $25,983 $4,044 $21,939
Source: Public Records

Agents Affiliated with this Home

  • KATHY GARST

    Seller's Agent in 2023

    KATHY GARST

    The Real Estate Group, Inc.

    (217) 306-6063

    2 in this area

    825 Total Sales

    KATHY GARST
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1019828

RMLS Alliance

APN: 22-04.0-209-001

Illinois Sangamon County Springfield 62704 Grand Central

1502 S Pasfield St, Springfield, IL

This home is located at 1502 S Pasfield St, Springfield, IL 62704 since 03 January 2023 and is currently estimated at $78,492, approximately $25 per square foot. This property was built in 1890. 1502 S Pasfield St is a home located in Sangamon County with nearby schools including Butler Elementary School, Benjamin Franklin 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.

Nearby Homes