NOT LISTED FOR SALE

1530 E Melrose St Springfield, IL 62703

Estimated Value: $25,000 - $76,000

4 Beds
1 Bath
1,126 Sq Ft
$46/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $3,300 $3 Per Sq Ft

Est. 1,456% increase in value since last sale

Current estimated payment $355/month

About This Home

As of December 2013

Bank owned. Selling AS-IS. Great investment opportunity. Price reflects known repairs needed. Room sizes are not warranted.

Last Agent to Sell the Property

Grant Halloway

Sangamon Property Group, LLC License #471000876 Listed on: 02/15/2013

Last Buyer's Agent

Grant Halloway

Sangamon Property Group, LLC License #471000876 Listed on: 02/15/2013

Home Details

Home Type

  • Single Family

Lot Details

  • 3,223

Bedrooms and Bathrooms

  • 1 Full Bathroom

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Unit Style: 1-Level
  • Legal Description: LINCOLN HEIGHTS L 213
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 13x13, On Level: Main, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12x11, On Level: Upper, Flooring: Carpet
  • Bedroom 3: Dimensions: 10x9, On Level: Upper, Flooring: Carpet
  • Bedroom 4: Dimensions: 10x12, On Level: Upper, Flooring: Carpet
  • Kitchen: Dimensions: 10x8, On Level: Main, Flooring: Vinyl
  • Living Room: Dimensions: 14x14, On Level: Main, Flooring: Hardwood
  • Finished Sq Ft: 1126
  • Finished Main Level Sq Ft: 1126

Exterior Features

  • Exterior: Wood Siding

Utilities

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

Schools

  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 25x130
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 772
  • Parcel Id Number Tax Id: 22030479016
  • Tax Year: 2012

MLS Schools

  • High School School District: Springfield District #186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2024
Sold by
Diamond Vii Cut Llc
Bought by
Vmg Rental Properties Llc
Current Estimated Value
$51,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,882
Outstanding Balance
$130,394
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
-$79,061

Purchase Details

Closed on
Nov 22, 2017
Sold by
Vells Property Inc
Bought by
Diamond Vii Cut Llc

Purchase Details

Closed on
Oct 25, 2017
Sold by
Statewide Investments Llc
Bought by
Vells Property Inc

Purchase Details

Closed on
Feb 16, 2016

Purchase Details

Closed on
Jul 7, 2014

Purchase Details

Listed on
Feb 15, 2013
Closed on
Dec 10, 2013
Seller's Agent
Grant Halloway
Sangamon Property Group, LLC
Buyer's Agent
Grant Halloway
Sangamon Property Group, LLC
List Price
$17,500
Sold Price
$3,300
Premium/Discount to List
-$14,200
-81.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.21%

Purchase Details

Closed on
Dec 20, 2012

Purchase Details

Closed on
Mar 21, 2011

Purchase Details

Closed on
Oct 5, 2001

Purchase Details

Closed on
Apr 3, 2001

Purchase Details

Closed on
Sep 4, 1997

Purchase Details

Closed on
Jul 5, 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
Vmg Rental Properties Llc $24,500 None Listed On Document
Vmg Rental Properties Llc $24,500 None Listed On Document
Diamond Vii Cut Llc $9,000 Zelle Title
Vells Property Inc $6,500 Zelle Title
-- -- --
-- $3,000 --
-- $18,000 --
-- -- --
-- -- --
-- $122,000 --
-- -- --
-- -- --
-- $23,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vmg Rental Properties Llc $149,882
Closed Vmg Rental Properties Llc $149,882
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2013 12/27/13 Sold $3,300 -81.1% $3 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
02/15/2013 02/15/13 For Sale $17,500 -- $16 / 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 $980 $11,670 $845 $10,825
2023 $942 $10,660 $772 $9,888
2022 $906 $10,112 $732 $9,380
2021 $876 $9,734 $705 $9,029
2020 $859 $9,749 $706 $9,043
2019 $843 $9,715 $704 $9,011
2018 $697 $8,244 $700 $7,544
2017 $682 $8,137 $691 $7,446
2016 $669 $8,018 $681 $7,337
2015 $662 $7,922 $673 $7,249
2014 $806 $7,871 $669 $7,202
2013 $788 $9,720 $669 $9,051
Source: Public Records

Agents Affiliated with this Home

  • Grant Halloway

    Seller's Agent in 2013

    Grant Halloway

    Sangamon Property Group, LLC

    (217) 483-1004

    18 Total Sales

    Grant Halloway
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Map

Source: RMLS Alliance

MLS Number: RMACA130803

RMLS Alliance

APN: 22-03.0-479-016

Illinois Sangamon County Springfield 62703

1530 E Melrose St, Springfield, IL

This home is located at 1530 E Melrose St, Springfield, IL 62703 since 15 February 2013 and is currently estimated at $51,333, approximately $45 per square foot. 1530 E Melrose St is a home located in Sangamon County with nearby schools including Harvard Park Elementary School, Jefferson 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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