NOT LISTED FOR SALE

151 S Durkin Dr Springfield, IL 62704

Estimated Value: $1,121,872

4 Beds
2 Baths
8,000 Sq Ft
$140/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $915,000 $114 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,868/month

About This Home

As of May 2022

16 two bedrooms one bath units. Walk in closets, nice dining space and large living rooms. In the last year, 8 units have received full renovation. This includes, but is not limited to, new kitchen cabinets, new counter tops, new vinyl plank flooring, new garbage disposals, some new appliances, grey walls/white trim, etc. Common areas were just freshly remodeled with new flooring, paint, and lighting. Roof is believed to be about 10 years old. Some newer HVAC units. Coin operated laundry in both buildings bringing in roughly $300 per month.

Last Agent to Sell the Property

Kyle Killebrew

The Real Estate Group, Inc. License #475109198 Listed on: 03/11/2022

The Real Estate Group, Inc.

Last Buyer's Agent

Jerry George

The Real Estate Group, Inc. License #475159363

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,640

Year Built

  • Built in 1974

Lot Details

  • 0.83

Schools

  • Springfield District #186 High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,640

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: DIST: 01City/Mun/Unit/TWP Capital Monroe Park Third Plat L19 Ex W 230' S 20'
  • Lvt Date: 03/12/2022
  • Year Built: 1974
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 4
  • Number of Ranges: 16
  • Number Refrigerators: 16
  • Number Washers: 4
  • Price Per Sq Ft: 114.38
  • Total Sq Ft: 8000

Exterior Features

  • Exterior: Aluminum Siding
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Assigned
  • Number Parking Spaces: 30

Utilities

  • Heating Cooling: Electric, Forced Air
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Common

Schools

  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 245x138x246x160
  • Lot Description: Level
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Lease Information: Various Terms
  • Management Expense: 8938

Tax Info

  • Annual Taxes: 16640
  • Parcel Id Number Tax Id: 14310126008
  • Tax Year: 2020

Multi Family

  • Total Number Units: 16
  • Gross Annual Income: 3600
  • Total Number Central Air Units: 16
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 16
  • Total Number Water Heaters: 16
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
May 13, 2022
Sold by
Williams Arriel
Bought by
Masteez Llc Series C
Seller's Agent
Kyle Killebrew
The Real Estate Group, Inc.
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$915,000
Sold Price
$915,000
Current Estimated Value
$1,121,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,872
Avg. Annual Appreciation
6.07%
Original Mortgage
$740,000
Outstanding Balance
$343,335
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$778,537

Purchase Details

Listed on
Apr 18, 2021
Closed on
Apr 20, 2021
Sold by
Concept Investments Of Il Llc
Bought by
Williams Arriel
Seller's Agent
Cynthia Grady
The Real Estate Group, Inc.
Buyer's Agent
Kyle Killebrew
The Real Estate Group, Inc.
List Price
$650,000
Sold Price
$615,000
Premium/Discount to List
-$35,000
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.96%
Original Mortgage
$522,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2021
Closed on
Apr 16, 2021
Sold by
Concept Investments Of Il Llc
Bought by
Williams Arriel
Seller's Agent
Cynthia Grady
The Real Estate Group, Inc.
Buyer's Agent
Kyle Killebrew
The Real Estate Group, Inc.
List Price
$650,000
Sold Price
$615,000
Premium/Discount to List
-$35,000
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005

Purchase Details

Closed on
Oct 4, 1999

Purchase Details

Closed on
Mar 12, 1999
Source: Public Records

Range of Values:

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Average Value
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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
Masteez Llc Series C $915,000 None Listed On Document
Williams Arriel $615,000 Prairie Land Title
Williams Arriel $615,000 Prairie Land Title
Williams Arriel $615,000 Prairie Land Title
-- $580,000 --
-- $530,000 --
-- $915,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masteez Llc Series C $740,000
Previous Owner Williams Arriel $522,750
Previous Owner Williams Arriel $522,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2022 05/13/22 Sold $915,000 0.0% $114 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $915,000 +48.8% $114 / Sq Ft
04/19/2021 04/19/21 Sold $615,000 -5.4% $77 / Sq Ft View Prior Sale
04/18/2021 04/18/21 Pending -- -- --
04/18/2021 04/18/21 For Sale $650,000 -- $81 / 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 $23,807 $283,435 $83,112 $200,323
2023 $22,889 $258,892 $75,915 $182,977
2022 $22,006 $245,582 $72,012 $173,570
2021 $16,978 $188,625 $69,316 $119,309
2020 $16,641 $188,908 $69,420 $119,488
2019 $16,332 $188,249 $69,178 $119,071
2018 $17,139 $202,845 $68,798 $134,047
2017 $16,784 $200,222 $67,908 $132,314
2016 $16,454 $197,302 $66,918 $130,384
2015 $16,295 $194,943 $66,118 $128,825
2014 $16,051 $193,684 $65,691 $127,993
2013 $15,692 $193,684 $65,691 $127,993
Source: Public Records

Agents Affiliated with this Home

  • Kyle Killebrew

    Seller's Agent in 2022

    Kyle Killebrew

    The Real Estate Group, Inc.

    (217) 321-8146

    2,009 Total Sales

    Kyle Killebrew
    Section Image
  • Jerry George

    Buyer's Agent in 2022

    Jerry George

    The Real Estate Group, Inc.

    (217) 638-1360

    873 Total Sales

    Jerry George
    Section Image
  • Cynthia Grady

    Seller's Agent in 2021

    Cynthia Grady

    The Real Estate Group, Inc.

    (217) 638-7653

    379 Total Sales

    Cynthia Grady
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1012884

RMLS Alliance

APN: 14-31.0-126-008

Illinois Sangamon County Springfield 62704

151 S Durkin Dr, Springfield, IL

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