NOT LISTED FOR SALE

1617 S Spring St Springfield, IL 62704

Grand Central Neighborhood

Estimated Value: $90,737

-- Bed
-- Bath
1,800 Sq Ft
$50/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $83,500 $46 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $726/month

184 Days on Market

About This Home

As of May 2017

Donât be misled by the low priceâproperty presentation is very nice!Building: ±1,800 sf.Land: ±7,176 sf (±.16 ac).Formally used as insurance office.See Attached Floor Plan.Well maintained office building ideal for insurance, accounting, legal, or associations.Owner will consider leaving furniture for Buyer.Parking lot in very good condition.Approximately 60 feet north of W Laurel.Assessorâs Opinion of Value: $142,164.High potential to have real estate taxes reduced.Zoning: R-5B.2015 RE Taxes: $3,961.02.

Last Listed By

Sam Nichols

True Commercial Real Estate License #471000181 Listed on: 10/17/2016

Property Details

Property Type

Other

Est. Annual Taxes

$2,610

Lot Details

0

Listing Details

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

Interior Features

  • Price Per Sq Ft: 46.39
  • Total Sq Ft: 1800

Lot Info

  • Estimated Number of Acres: 0.16
  • Zoning: R-5B
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2023
Sold by
Ryan Dorothy and Ryan John
Bought by
Yaohua Jin
Total Days on Market
184
Current Estimated Value
$90,737

Purchase Details

Closed on
Jul 11, 2011

Purchase Details

Closed on
May 25, 2006

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Yaohua Jin $85,000 --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2017 05/19/17 Sold $83,500 -20.1% $46 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
10/17/2016 10/17/16 For Sale $104,500 -- $58 / 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 $2,610 $31,078 $14,699 $16,379
2023 $2,510 $28,387 $13,426 $14,961
2022 $1,968 $21,962 $12,737 $9,225
2021 $1,903 $21,140 $12,260 $8,880
2020 $1,865 $21,171 $12,278 $8,893
2019 $1,735 $20,000 $12,235 $7,765
2018 $2,418 $28,615 $12,176 $16,439
2017 $2,368 $28,245 $12,019 $16,226
2016 $4,000 $47,962 $11,845 $36,117
2015 $3,961 $47,388 $11,703 $35,685
2014 $3,902 $47,082 $11,627 $35,455
2013 $3,815 $47,082 $11,627 $35,455
Source: Public Records

Agents Affiliated with this Home

  • Sam Nichols

    Seller's Agent in 2017

    Sam Nichols

    True Commercial Real Estate

    (217) 787-2808

    12 Total Sales

    Sam Nichols
    Section Image
  • Linda Maier

    Buyer's Agent in 2017

    Linda Maier

    Century 21 Real Estate Assoc

    (217) 547-5526

    54 Total Sales

    Linda Maier
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA167708

RMLS Alliance

APN: 22-04.0-213-013

Illinois Sangamon County Springfield 62704 Grand Central

1617 S Spring St, Springfield, IL

Homes for Sale in Springfield, IL

This home is located at 1617 S Spring St, Springfield, IL 62704 since 17 October 2016 and is currently estimated at $90,737, approximately $50 per square foot. 1617 S Spring St is a home located in Sangamon County with nearby schools including Butler Elementary School, Benjamin Franklin 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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