NOT LISTED FOR SALE

1525 E Cummins Ave Springfield, IL 62702

Estimated Value: $67,000 - $95,000

-- Bed
-- Bath
1,006 Sq Ft
$83/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $40,000 $40 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $637/month

63 Days on Market

About This Home

As of May 2019

Rental home available in Northern Springfield with charming features of classic bungalow including hardwood flooring & preserved natural wood built-ins. Furnace & stainless appliances are only a year old and come with transferable warranties. Roof new in November 2018. Kitchen & bath were updated in 2017 and tile flooring added to both. Fully fenced front & backyard w/ backyard fence new in 2017. Inspections welcome but being sold as is. Current tenant has been there since October of 2017.

Last Agent to Sell the Property

Kyle Killebrew

The Real Estate Group, Inc. License #475109198 Listed on: 02/18/2019

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

  • $1,604

Lot Details

  • 5,271

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Utilities

  • Cable TV Available

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,604

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Other Style
  • Legal Description: CUMMINGS,SCHNEPP&WIELAND SUB L 35
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number Dish Washers: 1
  • Number of Ranges: 1
  • Number Refrigerators: 1
  • Basement: Full, Block, Brick
  • Price Per Sq Ft: 39.76
  • Total Sq Ft: 1006

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Garage Parking: Detached, On-Street Parking
  • Number Parking Spaces: 3

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Estimated Lot Size: 40 x 133
  • Zoning: RES
  • Geo Subdivision: IL

Rental Info

  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 1604
  • Parcel Id Number Tax Id: 14230354018
  • Tax Year: 2018

Multi Family

  • Total Number Units: 1
  • Gross Annual Income: 9000
  • Total Number Central Air Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2022
Sold by
Winning Edge 1 Llc
Bought by
Sangamon Innovations Llc
Current Estimated Value
$83,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,600
Outstanding Balance
$390,588
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
-$309,885

Purchase Details

Closed on
Mar 2, 2022
Sold by
Winning Edge 1 Llc Series 1
Bought by
Winning Edge 1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,600
Outstanding Balance
$390,588
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
-$309,885

Purchase Details

Closed on
Aug 31, 2020
Sold by
Daniel Nika
Bought by
Winning Edge 1 Llc Series 1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2019
Closed on
Jun 3, 2019
Sold by
Schnoor Enterprises Llc
Bought by
Nika Daniel R
Seller's Agent
Kyle Killebrew
The Real Estate Group, Inc.
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$52,000
Sold Price
$40,000
Premium/Discount to List
-$12,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Original Mortgage
$40,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2017
Sold by
Schnoor Patricia L
Bought by
Schnoor Enterprises Llc

Purchase Details

Closed on
Jan 14, 2010

Purchase Details

Closed on
May 15, 2009

Purchase Details

Closed on
Jan 21, 2009

Purchase Details

Closed on
May 25, 2006
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
Sangamon Innovations Llc $174,000 Barber Segatto Hoffee Wilke &
Winning Edge 1 Llc -- Barber Segatto Hoffee Wilke &
Winning Edge 1 Llc Series 1 $360,000 Barber Segatto Hoffee Wilke &
Nika Daniel R $40,000 Cornerstone Title
Schnoor Enterprises Llc -- --
-- $28,500 --
-- -- --
-- -- --
-- $50,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sangamon Innovations Llc $417,600
Previous Owner Winning Edge 1 Llc Series 1 $288,000
Previous Owner Nika Daniel R $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $40,000 -23.1% $40 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $52,000 -- $52 / 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 $2,191 $26,086 $2,597 $23,489
2023 $2,107 $23,827 $2,372 $21,455
2022 $2,025 $22,602 $2,250 $20,352
2021 $1,958 $21,756 $2,166 $19,590
2020 $1,919 $21,788 $2,169 $19,619
2019 $1,884 $21,712 $2,161 $19,551
2018 $1,638 $19,386 $2,149 $17,237
2017 $1,604 $19,135 $2,121 $17,014
2016 $1,573 $18,856 $2,090 $16,766
2015 $1,557 $18,631 $2,065 $16,566
2014 $1,506 $18,511 $2,052 $16,459
2013 $1,472 $18,174 $2,053 $16,121
Source: Public Records

Agents Affiliated with this Home

  • Kyle Killebrew

    Seller's Agent in 2019

    Kyle Killebrew

    The Real Estate Group, Inc.

    (217) 321-8146

    2,050 Total Sales

    Kyle Killebrew
    Section Image
  • Jerry George

    Buyer's Agent in 2019

    Jerry George

    The Real Estate Group, Inc.

    (217) 638-1360

    859 Total Sales

    Jerry George
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA190924

RMLS Alliance

APN: 14-23.0-354-018

Illinois Sangamon County Springfield 62702

1525 E Cummins Ave, Springfield, IL

This home is located at 1525 E Cummins Ave, Springfield, IL 62702 since 18 February 2019 and is currently estimated at $83,446, approximately $82 per square foot. 1525 E Cummins Ave is a home located in Sangamon County with nearby schools including McClernand Elementary School, Washington Middle School, and Lanphier 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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