NOT LISTED FOR SALE

1520 N 8th St Springfield, IL 62702

Estimated Value: $84,000 - $117,000

-- Bed
-- Bath
1,473 Sq Ft
$63/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $79,000 $54 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $651/month

110 Days on Market

Highlights

  • Corner Lot
  • 2 Car Detached Garage
  • Heating System Uses Gas

About This Home

As of August 2024

Calling all investors! Don’t miss this duplex in the highly desirable northend, just minutes from the hospitals and fairgrounds. The upstairs unit features 1 bedroom and 1 bath recently refreshed with paint and flooring. You will love the white kitchen cabinets and newer appliances. The Downstairs unit has 2 nice sized bedrooms and 1 full bath. Downstairs unit is currently rented for $700 a month.

Last Agent to Sell the Property

Jerry George

The Real Estate Group, Inc. Brokerage Phone: 217-638-1360 License #475159363 Listed on: 04/10/2024

The Real Estate Group, Inc.

Last Buyer's Agent

Kimarcus Tucker

Wiese Properties Powered By Keller Williams License #475211389

Wiese Properties Powered By Keller Williams

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,805

Lot Details

  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 1,473 Sq Ft Home
  • Shingle Roof
  • Vinyl Siding

Schools

  • Springfield District #186 High School

Utilities

  • Heating System Uses Gas
  • Window Unit Heating System
  • Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • Trash Expense $18

Listing and Financial Details

  • Assessor Parcel Number 14-22.0-407-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,805

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • New Construction: No
  • Structure Type: Two or More Story
  • Attribution Contact: Pref: 217-638-1360
  • Special Features: None

Interior Features

  • Basement: Unfinished

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Detached
  • Total Parking Spaces: 2

Utilities

  • Heating: Electric, Gas, Gas Water Heater, Window Unit(s)
  • Water Source: Public Sewer, Public
  • GasExpense: 95
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 18
  • AdvertisingExpense: 0

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: irregular
  • Parcel #: 14-22.0-407-002

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1804.9
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Aug 30, 2024
Sold by
Shanks Nathan and Shanks Torie
Bought by
Hayes Darian D
Seller's Agent
Jerry George
The Real Estate Group, Inc.
Buyer's Agent
Kimarcus Tucker
Wiese Properties Powered By Keller Williams
List Price
$89,000
Sold Price
$79,000
Premium/Discount to List
-$10,000
-11.24%
Views
703
Current Estimated Value
$92,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,915
Avg. Annual Appreciation
15.01%
Original Mortgage
$59,250
Outstanding Balance
$58,657
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$34,258

Purchase Details

Listed on
Oct 19, 2022
Closed on
Mar 2, 2023
Sold by
Springfield Il Properties Inc
Bought by
Shanks Nathan and Shanks Torie
Seller's Agent
Jerry George
The Real Estate Group, Inc.
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$89,000
Sold Price
$50,000
Premium/Discount to List
-$39,000
-43.82%
Views
100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.66%
Original Mortgage
$40,000
Interest Rate
5.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2022
Sold by
Eid Kattom
Bought by
Springfield Il Properties Inc

Purchase Details

Closed on
Jan 10, 2022
Sold by
Hix Properties Llc
Bought by
Kattom Eid and Qattum Jawad

Purchase Details

Closed on
Sep 4, 2015

Purchase Details

Closed on
Feb 27, 2015

Purchase Details

Closed on
Dec 5, 2013

Purchase Details

Closed on
May 1, 2012

Purchase Details

Closed on
Dec 6, 2002

Purchase Details

Closed on
Sep 25, 1998

Purchase Details

Closed on
Sep 24, 1998
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
Hayes Darian D $79,000 None Listed On Document
Shanks Nathan $50,000 --
Springfield Il Properties Inc -- None Listed On Document
Kattom Eid $80,000 Fernandes David A
-- $190,200 --
-- -- --
-- -- --
-- -- --
-- $70,000 --
-- $56,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Darian D $59,250
Previous Owner Shanks Nathan $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $79,000 -11.2% $54 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $89,000 0.0% $60 / Sq Ft
06/25/2024 06/25/24 Price Changed $89,000 +12.7% $60 / Sq Ft
04/26/2024 04/26/24 Off Market $79,000 -- --
04/26/2024 04/26/24 For Sale $94,000 +19.0% $64 / Sq Ft
04/25/2024 04/25/24 Off Market $79,000 -- --
04/10/2024 04/10/24 For Sale $99,000 +98.0% $67 / Sq Ft
02/28/2023 02/28/23 Sold $50,000 -15.3% $33 / Sq Ft View Prior Sale
01/15/2023 01/15/23 Pending -- -- --
01/12/2023 01/12/23 Price Changed $59,000 -21.2% $39 / Sq Ft
11/18/2022 11/18/22 Price Changed $74,900 -10.8% $50 / Sq Ft
11/05/2022 11/05/22 Price Changed $84,000 -5.6% $56 / Sq Ft
10/19/2022 10/19/22 For Sale $89,000 -- $59 / 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 $1,959 $23,321 $3,023 $20,298
2023 $1,567 $17,723 $2,761 $14,962
2022 $1,805 $20,142 $2,618 $17,524
2021 $1,745 $19,388 $2,520 $16,868
2020 $1,710 $19,417 $2,524 $16,893
2019 $1,679 $19,349 $2,515 $16,834
2018 $2,172 $25,711 $2,504 $23,207
2017 $2,127 $25,379 $2,472 $22,907
2016 $2,086 $25,009 $2,436 $22,573
2015 $2,065 $24,710 $2,407 $22,303
2014 $2,034 $24,550 $2,391 $22,159
2013 $1,989 $24,550 $2,391 $22,159
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1028418

RMLS Alliance

APN: 14-22.0-407-002