NOT LISTED FOR SALE

1601 E Cottonwood St Unit 1 Springfield, IL 62703

Estimated Value: $92,000 - $139,000

3 Beds
2 Baths
1,729 Sq Ft
$68/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $67,000 $39 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $854/month

162 Days on Market

Highlights

  • Ranch Style House
  • Ceiling Fan
  • Replacement Windows
  • Patio
  • Garage

About This Home

As of March 2020

This home has been all redone. It was recently under Contract and passed an FHA Inspection. Roof and Electrical Inspections were also done but, the FHA Buyers were unable to complete their financing so, now it is ready for a new Buyer. The home features 3 beds and 1 bath on the main level and an additional bath in the Basement. Lots of new paint and floor coverings. Informal Dining Room has a pass through window to the Kitchen. 2 car attached Garage w/a new overhead door w/Opener. Lots of room in the unfinished basement. Including a larger room that would make a great Family Room and 2 additional rooms that could easily be finished to your specifications. Looking for a comfortable Family home? Maybe you should check this one out.

Last Agent to Sell the Property

Ken Lowery

IN BETWEEN OFFICES License #475122753 Listed on: 08/30/2019

Last Buyer's Agent

Connie Heskett

Keller Williams Capital License #475127700

Keller Williams Capital

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,977

Year Built

  • Built in 1961

Home Design

  • Ranch Style House

Interior Spaces

  • 2 Full Bathrooms
  • Ceiling Fan
  • Replacement Windows

Kitchen

  • Oven or Range
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Outbuilding

Utilities

  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,977

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: S 90' W 94' Lot 7 Blk 7 Belmont Park Gardens
  • Lvt Date: 08/30/2019
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator, Range/Oven
  • Interior Amenities: Cable Tv Available, Garage Door Opener(s), Ceiling Fan
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Number of Full Bathrooms in the Basement: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 15.3x11.7, On Level: Main, Flooring: Carpet
  • Basement Foundation: Block, Concrete, Full, Unfinished
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 11.9x10.5, On Level: Main, Flooring: Carpet
  • Bedroom 3: Dimensions: 14.9x10.9, On Level: Main, Flooring: Carpet
  • Informal Dining Room: Dimensions: 15.8x13.1, On Level: Main, Flooring: Laminate
  • Kitchen: Dimensions: 17.3x15.7, On Level: Main, Flooring: Laminate
  • Kitchen Dining: Dining Informal, Eat-In Kitchen, Pantry
  • Living Room: Dimensions: 17.1x15.7, On Level: Main, Flooring: Laminate
  • Basement Finished Sq Ft: 45
  • Total Basement Sq Ft: 1354
  • Additional Room 2: Flooring: Other
  • Price Per Sq Ft: 39.79
  • Finished Sq Ft: 1729
  • Total Sq Ft: 1684
  • Finished Main Level Sq Ft: 1684

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Outbuilding(s), Patio, Replacement Windows
  • Road Access: Paved
  • Roofing: Composition Rolled, Shingles

Garage/Parking

  • Garage Parking: Attached
  • Garage Yn: Yes
  • Number Cars: 2

Utilities

  • Heating Cooling: Gas, Forced Air, Water Heater - Electric, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Sewer, Public Water
  • Utility Companies: CWLP/Ameren

Schools

  • High School: Springfield Southeast

Lot Info

  • Estimated Lot Size: 90' x 94'
  • Lot Description: Corner, Level
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1976.52
  • Parcel Id Number Tax Id: 22100477024
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2017

MLS Schools

  • High School School District: Springfield Southeast

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
Komlan Diabo
Bought by
Welkoml And Financial Llc
Current Estimated Value
$117,293

Purchase Details

Listed on
Aug 30, 2019
Closed on
Mar 16, 2020
Sold by
Moore William D
Bought by
Diabo Komlan and Diabo Iluale
Seller's Agent
Ken Lowery
IN BETWEEN OFFICES
Buyer's Agent
Connie Heskett
Keller Williams Capital
List Price
$74,900
Sold Price
$67,000
Premium/Discount to List
-$7,900
-10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.16%
Original Mortgage
$65,786
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2019
Sold by
Sara Schackmann
Bought by
Moore William D

Purchase Details

Listed on
Dec 28, 2012
Closed on
Mar 11, 2013
Seller's Agent
Stephanie Do
Do Realty Services, Inc.
Buyer's Agent
Laura Catherwood
The Real Estate Group, Inc.
List Price
$44,500
Sold Price
$41,000
Premium/Discount to List
-$3,500
-7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%

Purchase Details

Closed on
Oct 19, 2012

Purchase Details

Closed on
Jan 19, 2010

Purchase Details

Closed on
Nov 12, 2004

Purchase Details

Closed on
Nov 10, 1999

Purchase Details

Closed on
Oct 19, 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
Welkoml And Financial Llc -- None Listed On Document
Moore William D -- --
-- $41,000 --
-- -- --
-- -- --
-- $80,000 --
-- $65,000 --
-- -- --
Diabo Komlan $67,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diabo Komlan $65,786
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2020 03/12/20 Sold $67,000 -5.6% $39 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
01/30/2020 01/30/20 Price Changed $71,000 -5.2% $41 / Sq Ft
12/03/2019 12/03/19 For Sale $74,900 0.0% $43 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $74,900 0.0% $43 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $74,900 +82.7% $43 / Sq Ft
03/13/2013 03/13/13 Sold $41,000 -7.9% $25 / Sq Ft
02/11/2013 02/11/13 Pending -- -- --
12/28/2012 12/28/12 For Sale $44,500 -- $27 / 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 $2,474 $30,710 $8,542 $22,168
2023 $2,426 $28,435 $7,909 $20,526
2022 $2,328 $26,910 $7,485 $19,425
2021 $2,254 $25,856 $7,192 $18,664
2020 $1,664 $25,575 $7,114 $18,461
2019 $1,596 $25,128 $6,990 $18,138
2018 $1,539 $25,020 $6,960 $18,060
2017 $1,977 $24,636 $6,853 $17,783
2016 $1,916 $24,000 $6,676 $17,324
2015 $2,066 $25,778 $6,525 $19,253
2014 $2,031 $25,564 $6,471 $19,093
2013 $1,040 $13,435 $6,540 $6,895
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA1955

RMLS Alliance

APN: 22-10.0-477-024