NOT LISTED FOR SALE

1552 W Jefferson St Springfield, IL 62702

Estimated Value: $1,325,348

Studio
-- Bath
-- Sq Ft
0.46 Acres

Last Sold May 20, 2022

Last sale price $999,900

Est. 33% increase in value since last sale

Current estimated payment $8,645/month

2 Days on Market

About This Home

As of May 2022

Commercial Investment property

Last Agent to Sell the Property

Melissa Vorreyer

RE/MAX Professionals License #475100751 Listed on: 04/01/2022

RE/MAX Professionals

Last Buyer's Agent

Ben Call

The Real Estate Group, Inc. License #475139475

The Real Estate Group, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $17,775

Lot Details

  • 0.46

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$17,775

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Lvt Date: 04/04/2022
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted
  • Total Building Sq Ft: 22000

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Township Road
  • Insulation: Unknown
  • Roof Construction: Wood/Shingle/Shake
  • Wall Construction: Block

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Supply: City on Premises

Lot Info

  • Zoning: R-2
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land

Tax Info

  • Annual Taxes: 17774.92
  • Parcel Id Number Tax Id: 14290403033
  • Tax Incentive: None
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 20, 2022
Sold by
D & M Mapes Partnership Lp
Bought by
Secure Storage Usa Inc
Seller's Agent
Melissa Vorreyer
RE/MAX Professionals
Buyer's Agent
Ben Call
The Real Estate Group, Inc.
List Price
$1,100,000
Sold Price
$999,900
Premium/Discount to List
-$100,100
-9.1%
Current Estimated Value
$1,325,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,448
Avg. Annual Appreciation
8.39%
Original Mortgage
$650,000
Outstanding Balance
$616,598
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$728,282

Purchase Details

Closed on
Nov 29, 2000

Purchase Details

Closed on
Nov 13, 1997
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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Purchase History

Date Buyer Sale Price Title Company
Secure Storage Usa Inc $999,900 Mills Edwin C
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Secure Storage Usa Inc $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2022 05/20/22 Sold $999,900 -9.1% --
04/03/2022 04/03/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $1,100,000 -- --
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 $21,401 $259,702 $60,142 $199,560
2023 $20,544 $235,280 $54,486 $180,794
2022 $19,821 $223,970 $51,867 $172,103
2021 $18,316 $205,383 $47,563 $157,820
2020 $17,775 $204,199 $47,289 $156,910
2019 $17,366 $203,426 $47,110 $156,316
2018 $17,135 $207,282 $48,003 $159,279
2017 $16,504 $200,972 $46,542 $154,430
2016 $15,559 $189,703 $43,932 $145,771
2015 $15,524 $188,835 $43,731 $145,104
2014 $15,846 $194,957 $45,149 $149,808
2013 $16,251 $205,912 $47,686 $158,226
Source: Public Records

Agents Affiliated with this Home

  • Melissa Vorreyer

    Seller's Agent in 2022

    Melissa Vorreyer

    RE/MAX Professionals

    (217) 787-7215

    721 Total Sales

    Melissa Vorreyer
    Section Image
  • Ben Call

    Buyer's Agent in 2022

    Ben Call

    The Real Estate Group, Inc.

    (217) 321-8133

    196 Total Sales

    Ben Call
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1013411

RMLS Alliance

APN: 14-29.0-403-033

Illinois Sangamon County Springfield 62702

1552 W Jefferson St, Springfield, IL

Not Listed for Sale

Other

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