NOT LISTED FOR SALE

1505 S 7th St Springfield, IL 62703

Iles Park Neighborhood

Estimated Value: $60,000 - $79,493

3 Beds
1 Bath
1,198 Sq Ft
$56/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $45,900 $38 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $495/month

12 Days on Market

About This Home

As of December 2022

This home is located at 1505 S 7th St, Springfield, IL 62703 since 26 October 2022 and is currently estimated at $67,623, approximately $56 per square foot. This property was built in 1947. 1505 S 7th 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.

Last Agent to Sell the Property

Jim Fulgenzi

RE/MAX Professionals License #471021607 Listed on: 10/26/2022

RE/MAX Professionals

Last Buyer's Agent

KATHY GARST

The Real Estate Group, Inc. License #475121251

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $799

Year Built

  • Built in 1947

Lot Details

  • 6,098

Home Design

  • Bungalow

Bedrooms and Bathrooms

  • 1 Full Bathroom

Home Details

Home Type

Single Family

Est. Annual Taxes

$799

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Legal Description: L 2 B 4 ELIJAH ILES SUB LANDS #3 PT NW 3-15-5
  • Lvt Date: 10/26/2022
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12x10, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Block
  • Bedroom 2: Dimensions: 12x10, On Level: Main, Flooring: Hardwood
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 16x10, On Level: Upper, Flooring: Carpet
  • Bedroom 3 Egress Window: Yes
  • Kitchen: Dimensions: 15x8, On Level: Main, Flooring: Laminate
  • Price Per Sq Ft: 38.31
  • Finished Sq Ft: 1198
  • Total Sq Ft: 1198
  • Finished Main Level Sq Ft: 1198

Exterior Features

  • Exterior: Aluminum Siding, Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Guest Parking

Utilities

  • Heating Cooling: Central Air, Electric, Forced Air
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Estimated Lot Size: 50 x 120
  • Lot Description: Level
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 799.1
  • Parcel Id Number Tax Id: 22030105008
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2021

MLS Schools

  • High School School District: Springfield District #186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Dec 1, 2022
Sold by
Curry Charles K and Curry Kathy J
Bought by
Jlp Properties Llc
Seller's Agent
Jim Fulgenzi
RE/MAX Professionals
Buyer's Agent
KATHY GARST
The Real Estate Group, Inc.
List Price
$45,900
Sold Price
$45,900
Views
21
Current Estimated Value
$67,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,723
Avg. Annual Appreciation
13.45%
Original Mortgage
$46,500
Outstanding Balance
$45,105
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$22,518

Purchase Details

Closed on
Nov 15, 2000

Purchase Details

Closed on
Oct 3, 1994
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
Jlp Properties Llc $45,900 --
-- $48,500 --
-- $51,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jlp Properties Llc $46,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2022 12/01/22 Sold $45,900 0.0% $38 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $45,900 -- $38 / 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 $1,676 $19,959 $3,073 $16,886
2023 $1,612 $18,231 $2,807 $15,424
2022 $847 $15,457 $2,663 $12,794
2021 $799 $14,878 $2,563 $12,315
2020 $1,126 $18,783 $2,566 $16,217
2019 $1,103 $18,717 $2,557 $16,160
2018 $1,245 $20,738 $2,546 $18,192
2017 $1,213 $20,470 $2,513 $17,957
2016 $1,182 $20,171 $2,476 $17,695
2015 $1,164 $19,929 $2,446 $17,483
2014 $1,144 $19,800 $2,430 $17,370
2013 $1,118 $19,800 $2,430 $17,370
Source: Public Records

Agents Affiliated with this Home

  • Jim Fulgenzi

    Seller's Agent in 2022

    Jim Fulgenzi

    RE/MAX Professionals

    (217) 341-5393

    6 in this area

    708 Total Sales

    Jim Fulgenzi
    Section Image
  • KATHY GARST

    Buyer's Agent in 2022

    KATHY GARST

    The Real Estate Group, Inc.

    (217) 306-6063

    5 in this area

    774 Total Sales

    KATHY GARST
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA1018870

RMLS Alliance

APN: 22-03.0-105-008

Illinois Sangamon County Springfield 62703 Iles Park

1505 S 7th St, Springfield, IL

Not Listed for Sale

Detached

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