NOT LISTED FOR SALE

1610 W Jefferson St Springfield, IL 62702

Estimated Value: $343,575

Studio
-- Bath
392 Sq Ft
$876/Sq Ft Est. Value

Sale Details

Date Sold: August 31, 2018

Last sale price $60,000 $153 Per Sq Ft

Est. 473% increase in value since last sale

Current estimated payment $2,214 / mo

113 Days on Market

About This Home

As of August 2018

A great building on a high traffic street on Springfield's west side. The opportunities are endless - BBQ, Snowcones, Smoothies, Coffee, Ice Cream, Take-out food. There is a drive-thru with two windows. A chance for someone who wants to start their own business with minimal up-front costs.

Last Agent to Sell the Property

CHILES BROKER

Capital Area Real Estate Listed on: 05/10/2018

Last Buyer's Agent

Peter Praia

Springfield Real Estate, LLC License #475104303

Property Details

Property Type

Other

Lot Details

0.42 Acres

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Price Per Sq Ft: 153.06
  • Total Sq Ft: 392

Lot Info

  • Zoning: B2
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2022
Sold by
Bought by
Current Estimated Value
$343,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,187
Outstanding Balance
$168,218
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2018
Closed on
Aug 31, 2018
Sold by
Bought by
Seller's Agent
CHILES BROKER
Capital Area Real Estate
Buyer's Agent
Peter Praia
Springfield Real Estate, LLC
List Price
$99,500
Sold Price
$60,000
Premium/Discount to List
-$39,500
-39.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2015

Purchase Details

Closed on
Mar 25, 2015

Purchase Details

Closed on
Jun 20, 2014

Purchase Details

Closed on
Feb 3, 2000

Purchase Details

Closed on
Oct 1, 1996

Purchase Details

Closed on
May 20, 1994
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- New Title Company Name
$60,000 --
-- --
-- --
$82,500 --
$69,500 --
$68,000 --
$65,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $179,187
Previous Owner $110,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/31/2018 08/31/18 Sold $60,000 -39.7% $153 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $99,500 -- $254 / Sq Ft
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,347 $53,689 $16,973 $36,716
2024 $4,206 $50,074 $15,830 $34,244
2023 $4,044 $45,738 $14,459 $31,279
2022 $3,888 $43,387 $13,716 $29,671
2021 $3,759 $41,762 $13,202 $28,560
2020 $1,826 $20,726 $13,222 $7,504
2019 $1,735 $19,999 $16,235 $3,764
2018 $3,843 $45,488 $31,046 $14,442
2017 $3,764 $44,900 $30,645 $14,255
2016 $3,690 $44,245 $30,198 $14,047
2015 $3,654 $43,716 $29,837 $13,879
2014 $3,599 $43,433 $29,644 $13,789
2013 $3,519 $43,433 $29,644 $13,789
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA182819

RMLS Alliance

APN: 14-29.0-402-006

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