NOT LISTED FOR SALE

1509 S Martin Luther King Junior Dr Springfield, IL 62703

Estimated Value: $50,000 - $56,209

2 Beds
1 Bath
67 Sq Ft
$796/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $22,000 $328 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $353/month

About This Home

As of March 2021

Great investment property. Currently rented for $650/month. Full basement. Nice size lot w/plenty of room.

Last Agent to Sell the Property

Joe Tetzlaff

RE/MAX Professionals License #471000757 Listed on: 01/29/2021

RE/MAX Professionals

Last Buyer's Agent

Jerry George

The Real Estate Group, Inc. License #475159363

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $725

Year Built

  • Built in 1919

Lot Details

  • 6,098

Home Design

  • Bungalow

Additional Features

  • 1 Full Bathroom
  • Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$725

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Legal Description: see tax records
  • Lvt Date: 01/29/2021
  • Year Built: 1919
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 11.5x10.8, On Level: Main, Flooring: Carpet
  • Basement Foundation: Full, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 9.11x11.3, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Kitchen: Dimensions: 11.4x13.6, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Eat-In Kitchen
  • Laundry: Dimensions: 6.8x5, On Level: Main, Flooring: Carpet
  • Living Room: Dimensions: 13.3x11.3, On Level: Main, Flooring: Carpet
  • Total Basement Sq Ft: 672
  • Price Per Sq Ft: 328.36
  • Finished Sq Ft: 67
  • Total Sq Ft: 67
  • Finished Main Level Sq Ft: 67

Exterior Features

  • Exterior: Aluminum Siding
  • Exterior Amenities: Porch
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Gravel

Utilities

  • Heating Cooling: Gas, Forced Air, No Cooling
  • Utilities On: Yes
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 40 x 152
  • Lot Description: Level
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 725.2
  • Parcel Id Number Tax Id: 22030234019
  • Tax Year: 2019

MLS Schools

  • High School School District: Springfield District #186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2023
Sold by
Williams Arriel
Bought by
Brownlee Jennifer
Current Estimated Value
$53,302

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 1, 2021
Sold by
Williams Arriel and Robinson Anita
Bought by
Nika Daniel R
Seller's Agent
Joe Tetzlaff
RE/MAX Professionals
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$28,500
Sold Price
$22,000
Premium/Discount to List
-$6,500
-22.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.47%
Original Mortgage
$635,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2018
Sold by
James Britz Jr
Bought by
Williams Arriel and Robinson Anita

Purchase Details

Listed on
Sep 26, 2013
Closed on
Nov 21, 2013
Seller's Agent
NANCY LONG
IN BETWEEN OFFICES
Buyer's Agent
NANCY LONG
IN BETWEEN OFFICES
List Price
$14,900
Sold Price
$9,500
Premium/Discount to List
-$5,400
-36.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%

Purchase Details

Closed on
Feb 27, 2007

Purchase Details

Closed on
Oct 6, 1995
Source: Public Records

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
Brownlee Jennifer $58,000 --
Nika Daniel R $22,000 Prairie Land Title
Williams Arriel -- --
-- $9,500 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nika Daniel R $635,000
Previous Owner Williams Arriel $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $22,000 -18.5% $328 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/12/2021 02/12/21 Price Changed $27,000 -5.3% $403 / Sq Ft
01/29/2021 01/29/21 For Sale $28,500 +200.0% $425 / Sq Ft
11/21/2013 11/21/13 Sold $9,500 -36.2% $14 / Sq Ft
11/14/2013 11/14/13 Pending -- -- --
09/26/2013 09/26/13 For Sale $14,900 -- $22 / 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 $830 $9,885 $1,490 $8,395
2023 $798 $9,029 $1,361 $7,668
2022 $748 $8,348 $1,290 $7,058
2021 $723 $8,036 $1,242 $6,794
2020 $739 $8,388 $1,244 $7,144
2019 $725 $8,359 $1,240 $7,119
2018 $221 $2,614 $1,234 $1,380
2017 $216 $2,580 $1,218 $1,362
2016 $212 $2,542 $1,200 $1,342
2015 $210 $2,512 $1,186 $1,326
2014 $262 $2,495 $1,178 $1,317
2013 $284 $9,501 $1,178 $8,323
Source: Public Records

Agents Affiliated with this Home

  • Joe Tetzlaff

    Seller's Agent in 2021

    Joe Tetzlaff

    RE/MAX Professionals

    (217) 416-3481

    215 Total Sales

    Joe Tetzlaff
    Section Image
  • Jerry George

    Buyer's Agent in 2021

    Jerry George

    The Real Estate Group, Inc.

    (217) 638-1360

    864 Total Sales

    Jerry George
    Section Image

  • N

    Seller's Agent in 2013

    NANCY LONG

    IN BETWEEN OFFICES

    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1004815

RMLS Alliance

APN: 22-03.0-234-019

Illinois Sangamon County Springfield 62703

1509 S Martin Luther King Junior Dr, Springfield, IL

This home is located at 1509 S Martin Luther King Junior Dr, Springfield, IL 62703 since 29 January 2021 and is currently estimated at $53,302, approximately $795 per square foot. This property was built in 1919. 1509 S Martin Luther King Junior Dr 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.

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