NOT LISTED FOR SALE

1557 Reed Ave Unit 1 Springfield, IL 62704

Estimated Value: $174,767 - $242,000

5 Beds
2 Baths
2,097 Sq Ft
$98/Sq Ft Est. Value

Last Sold August 06, 2018

Last sale price $160,000 $76 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,472/month

157 Days on Market

About This Home

As of August 2018

This beautiful two story home offers impressive quality updates & family living space galore! Features 5 bedrooms (1 main floor, 4 upper), 2 full bathrooms, 2 family rooms, popular open concept kitchen/dining, laundry room, bright & cheery 3 seasons room overlooking large park-like backyard (play set included), large attic storage space & super nice 2.5 car detached garage! Boasts newer roof, siding, windows, hvac, hot water heater & sidewalk. Prime West side location close to shopping, dining & park!

Last Agent to Sell the Property

Crystal Germeraad

RE/MAX Professionals License #475161193 Listed on: 01/25/2018

RE/MAX Professionals

Last Buyer's Agent

Jane Hay

The Real Estate Group, Inc. License #475117683

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,264

Year Built

  • Built in 1946

Lot Details

  • 0.29

Interior Spaces

  • 2 Full Bathrooms
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Outbuilding

Schools

  • Lindsay Elementary School

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,264

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Unit Style: 1-Level
  • Legal Description: ALTA SITA GARDENS ADDN E 30' LOT 13 & W 40' LOT 14
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave Oven, Refrigerator, Range/Oven, Washer
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Bedrooms: 5
  • Master Bedroom: Dimensions: 11.8x21, On Level: Upper, Flooring: Carpet
  • Basement Foundation: Crawl Space
  • Bedroom 2: Dimensions: 9.6x10.11, On Level: Upper, Flooring: Carpet
  • Bedroom 3: Dimensions: 10.5x10.11, On Level: Upper, Flooring: Carpet
  • Bedroom 4: Dimensions: 13.2x10.4, On Level: Upper, Flooring: Carpet
  • Bedroom 5: Dimensions: 8.1x13.7, On Level: Main, Flooring: Carpet
  • Den: Dimensions: 15x10.7, On Level: Main, Flooring: Carpet
  • Family Room: Dimensions: 15.2x13.4, On Level: Main, Flooring: Carpet
  • Formal Dining Room: On Level: Main, Flooring: Carpet
  • Kitchen: Dimensions: 17.5x11.6, On Level: Main, Flooring: Laminate
  • Kitchen Dining: Breakfast Bar, Pantry
  • Laundry: On Level: Main
  • Living Room: Dimensions: 11.6x24.5, On Level: Main, Flooring: Carpet
  • Additional Room 1: Dimensions: 8.5x8.2, On Level: Main, Flooring: Tile
  • Price Per Sq Ft: 76.3
  • Finished Sq Ft: 2097
  • Total Sq Ft: 2097
  • Finished Main Level Sq Ft: 2097

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Outbuilding(s), Patio, Porch/Screened

Garage/Parking

  • Garage Parking: Detached
  • Number Cars: 2

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air, Whole House Fan
  • Water Sewer: Public Water, Public Sewer
  • Utility Companies: Cwlp,Ameren Illinois

Schools

  • Elementary School: Lindsay
  • Middle School: Franklin
  • High School: Springfield Southeast
  • Elementary School: Lindsay

Lot Info

  • Estimated Lot Size: 70 x 180
  • Subdivision: Jerome
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 2264
  • Parcel Id Number Tax Id: 22080132030
  • Tax Exemptions: Homestead/Owner Occupied, Senior Homestead
  • Tax Year: 2017

MLS Schools

  • High School School District: Springfield Southeast
  • Middle School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2018
Closed on
Aug 7, 2018
Sold by
Gray Becky L
Bought by
Novak Robert S and Novak Nancy E
Seller's Agent
Crystal Germeraad
RE/MAX Professionals
Buyer's Agent
Jane Hay
The Real Estate Group, Inc.
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Current Estimated Value
$204,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,942
Avg. Annual Appreciation
3.53%
Source: Public Records

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Range of Values:

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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
Novak Robert S $160,000 Prairie Land Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2018 08/06/18 Sold $160,000 -3.0% $76 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $165,000 +2.2% $79 / Sq Ft
08/05/2016 08/05/16 Sold $161,500 -3.2% $75 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $166,900 -- $78 / 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 $3,962 $48,436 $11,103 $37,333
2023 $3,885 $44,849 $10,281 $34,568
2022 $3,727 $42,442 $9,729 $32,713
2021 $3,598 $40,779 $9,348 $31,431
2020 $3,472 $40,335 $9,246 $31,089
2019 $3,348 $39,629 $9,084 $30,545
2018 $2,333 $39,459 $9,045 $30,414
2017 $2,264 $38,853 $8,906 $29,947
2016 $1,757 $37,850 $8,676 $29,174
2015 $1,757 $36,995 $8,480 $28,515
2014 $1,757 $36,686 $8,409 $28,277
2013 $1,743 $37,079 $8,499 $28,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA180573

RMLS Alliance

APN: 22-08.0-132-030