NOT LISTED FOR SALE

1516 N 8th St Springfield, IL 62702

Estimated Value: $58,000 - $84,000

-- Bed
2 Baths
1,500 Sq Ft
$50/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $32,000 $21 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $532/month

211 Days on Market

About This Home

As of January 2017

Remodeled duplex with excellent income potential! Roof 4 yrs old. Updated windows on lower level. Separate electric meters some plumbing updates, some fresh paint, and some new flooring. Main level unit has eat in kitchen with good cabinets, 2 bedrooms with large closets, new carpet, washer and dryer hookups.Upper unit has kitchen/living rm, bedroom and 1 bath. The upper unit has covered stairs entry and is occupied Off street parking.

Last Agent to Sell the Property

Kevin Graham

Century 21 Real Estate Assoc License #471002687 Listed on: 05/31/2016

Last Buyer's Agent

SHELLEY BERENDT

The Real Estate Group, Inc. License #475127277

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 1941

Lot Details

  • 5,314

Home Design

  • Duplex

Basement

  • Partial Basement
  • Brick Basement

Schools

  • Springfield District #186 High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,523

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: L 15 B 2 W.O.&A.L. CONVERSE ADDN
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Refrigerators: 1
  • Basement: Partial, Brick
  • Price Per Sq Ft: 21.33
  • Total Sq Ft: 1500

Exterior Features

  • Exterior: Aluminum Siding

Garage/Parking

  • Garage Parking: On-Street Parking
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Baseboard, Electric, Window Units
  • Water Sewer: Public Sewer
  • Garbage Collection Exp: 28
  • Number Window Units: 3

Schools

  • High School: Springfield District #186

Lot Info

  • Zoning: R-3
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1523
  • Parcel Id Number Tax Id: 14220407003
  • Tax Year: 2015

Multi Family

  • Gross Annual Income: 10200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 1990
Current Estimated Value
$74,471
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
-- $24,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2017 01/27/17 Sold $32,000 -25.4% $21 / Sq Ft
12/28/2016 12/28/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $42,900 -- $29 / 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 $1,710 $20,353 $2,344 $18,009
2023 $1,644 $18,591 $2,141 $16,450
2022 $1,580 $17,635 $2,031 $15,604
2021 $1,528 $16,975 $1,955 $15,020
2020 $1,498 $17,001 $1,958 $15,043
2019 $1,470 $16,942 $1,951 $14,991
2018 $938 $11,099 $1,941 $9,158
2017 $918 $10,956 $1,916 $9,040
2016 $1,538 $18,440 $1,888 $16,552
2015 $1,523 $18,219 $1,865 $16,354
2014 $1,500 $18,101 $1,853 $16,248
2013 $1,467 $18,101 $1,853 $16,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA163185

RMLS Alliance

APN: 14-22.0-407-003