NOT LISTED FOR SALE

1506 S 7th St Springfield, IL 62703

Iles Park Neighborhood

Estimated Value: $63,000 - $119,000

2 Beds
1 Bath
916 Sq Ft
$97/Sq Ft Est. Value

About This Home

This home is located at 1506 S 7th St, Springfield, IL 62703 and is currently estimated at $88,765, approximately $96 per square foot. 1506 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Wilmarth Renewals Llc
Bought by
Hjem Homes Llc
Current Estimated Value
$88,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Outstanding Balance
$127,106
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$38,341

Purchase Details

Closed on
Dec 14, 2022
Sold by
Jj10 Properties Llc
Bought by
Wilmarth Renewals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2022
Sold by
County Of Sangamon
Bought by
Bluestem Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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First American

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Quantarium

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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
Hjem Homes Llc $160,000 None Listed On Document
Hjem Homes Llc $160,000 None Listed On Document
Wilmarth Renewals Llc $42,000 --
Jj 10 Properties Llc -- --
Bluestem Properties Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hjem Homes Llc $128,000
Closed Hjem Homes Llc $128,000
Previous Owner Wilmarth Renewals Llc $44,000
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 $1,789 $21,295 $3,072 $18,223
2023 $1,720 $19,451 $2,806 $16,645
2022 $1,653 $18,451 $2,662 $15,789
2021 $1,599 $17,760 $2,562 $15,198
2020 $1,567 $17,787 $2,566 $15,221
2019 $1,538 $17,725 $2,557 $15,168
2018 $1,658 $19,623 $2,546 $17,077
2017 $1,624 $19,369 $2,513 $16,856
2016 $1,592 $19,086 $2,476 $16,610
2015 $1,576 $18,857 $2,446 $16,411
2014 $1,553 $18,735 $2,430 $16,305
2013 $1,518 $18,735 $2,430 $16,305
Source: Public Records

Map

Illinois Sangamon County Springfield 62703 Iles Park

1506 S 7th St, Springfield, IL

Not Listed for Sale

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