NOT LISTED FOR SALE

1602 S 5th St Springfield, IL 62703

Iles Park Neighborhood

Estimated Value: $40,000

-- Bed
-- Bath
18,480 Sq Ft
$2/Sq Ft Est. Value

Last Sold October 01, 2013

Last sale price $60,000 $3 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $295/month

1,498 Days on Market

About This Home

As of October 2013

Ideal location for small office/retail operation. High traffic counts on 5th Street and close to other office/retail establishments. Minutes from downtown. Also includes tax IDs 002 and 003.

Last Listed By

240 Broker240

Coldwell Banker Commercial Dev Listed on: 08/25/2009

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,284

Lot Details

  • 6,186

Property Details

Property Type

Other

Est. Annual Taxes

$1,284

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Land & Farm
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Price Per Sq Ft: 3.25
  • Total Sq Ft: 18480

Lot Info

  • Zoning: S-2
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land

Tax Info

  • Annual Taxes: 1284
  • Parcel Id Number Tax Id: 22030110001
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2024
Sold by
Wakefield Steven Wayne and Wakefield Trudy Jean
Bought by
People Of The State Of Illinois Department Of
Total Days on Market
1498
Current Estimated Value
$40,000

Purchase Details

Closed on
Sep 30, 2024
Sold by
Klemm Michael T and Klemm Rita K
Bought by
People Of The State Of Illinois Department Of

Purchase Details

Closed on
Jan 1, 2018
Sold by
Klemm Michael T
Bought by
Wakefield Steven W and Wakefield Trudy J

Purchase Details

Listed on
Aug 25, 2009
Closed on
Nov 1, 2013
Seller's Agent
240 Broker240
Coldwell Banker Commercial Dev
Buyer's Agent
John Klemm
IN BETWEEN OFFICES
List Price
$99,500
Sold Price
$60,000
Premium/Discount to List
-$39,500
-39.7%

Purchase Details

Closed on
Sep 1, 2005

Purchase Details

Closed on
Mar 18, 1997

Purchase Details

Closed on
Jun 1, 1995

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
People Of The State Of Illinois Department Of -- None Listed On Document
People Of The State Of Illinois Department Of $300 None Listed On Document
People Of The State Of Illinois Department Of $300 None Listed On Document
Wakefield Steven W $75,000 Kepner And Reiser
-- -- --
-- $690,000 --
-- -- --
-- $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klemm Michael T $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2013 10/01/13 Sold $60,000 -39.7% $3 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
08/25/2009 08/25/09 For Sale $99,500 -- $5 / 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 $846 $10,066 $10,066 $0
2023 $813 $9,194 $9,194 $0
2022 $781 $8,721 $8,721 $0
2021 $756 $8,394 $8,394 $0
2020 $741 $8,407 $8,407 $0
2019 $241 $2,779 $2,779 $0
2018 $733 $8,672 $8,672 $0
2017 $718 $8,560 $8,560 $0
2016 $703 $8,435 $8,435 $0
2015 $697 $8,334 $8,334 $0
2014 $1,281 $15,459 $15,459 $0
2013 $1,253 $15,459 $15,459 $0
Source: Public Records

Agents Affiliated with this Home

  • 2

    Seller's Agent in 2013

    240 Broker240

    Coldwell Banker Commercial Dev

  • J

    Buyer's Agent in 2013

    John Klemm

    IN BETWEEN OFFICES

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMACA294736

RMLS Alliance

APN: 22-03.0-110-001

Illinois Sangamon County Springfield 62703 Iles Park

1602 S 5th St, Springfield, IL

Homes for Sale in Springfield, IL

This home is located at 1602 S 5th St, Springfield, IL 62703 since 25 August 2009 and is currently priced at $40,000, approximately $2 per square foot. 1602 S 5th St is a home located in Sangamon County with nearby schools including Edwin A. Lee 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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