Seller's Agent in 2024
Jerry George
The Real Estate Group, Inc.
(217) 638-1360
24 in this area
881 Total Sales
1621 S 5th St Springfield, IL 62703
Iles Park NeighborhoodEstimated Value: $130,000 - $164,000
--
Bed
--
Bath
1,700
Sq Ft
$87/Sq Ft
Est. Value
Highlights
- 4 Car Detached Garage
- Level Lot
- 1-minute walk to Washington Park
- Forced Air Heating System
About This Home
As of August 2024All brick duplex in great location close to downtown and in the heart of Springfield. This property includes a brick detached garage for storage. Well maintained property offers a great investment opportunity; roof, HVAC, HWH, windows, and floors all updated in the past 5 years. Located centrally for access to shopping, restaurants, medical offices, and highway. Come and see this great investment property. Both units are vacant now for a new owner to take over and manage and/or owner occupy.
Last Agent to Sell the Property
The Real Estate Group, Inc. Brokerage Phone: 217-638-1360 License #475159363 Listed on: 09/25/2023
Last Buyer's Agent
The Real Estate Group, Inc. Brokerage Phone: 217-638-1360 License #475159363 Listed on: 09/25/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,658
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 50 x 152
- Level Lot
Home Design
- Brick Exterior Construction
- Brick Foundation
- Shingle Roof
Interior Spaces
- 1,700 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Parking
- 4 Car Detached Garage
- On-Street Parking
Schools
- Springfield District #186 High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 22-04.0-237-014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 25, 2023
Closed on
Jul 3, 2024
Sold by
Land Of Lincoln Rentals Llc
Bought by
Splendid Enterprises Llc
Seller's Agent
Jerry George
The Real Estate Group, Inc.
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$159,000
Sold Price
$140,000
Premium/Discount to List
-$19,000
-11.95%
Views
448
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,095
Avg. Annual Appreciation
3.85%
Original Mortgage
$112,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 14, 2005
Purchase Details
Closed on
Oct 12, 2004
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Splendid Enterprises Llc | $140,000 | None Listed On Document | |
| -- | $55,000 | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Splendid Enterprises Llc | $112,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/16/2024 08/16/24 | Sold | $140,000 | -9.7% | $82 / Sq Ft | |
| 05/26/2024 05/26/24 | Price Changed | $155,000 | -2.5% | $91 / Sq Ft | |
| 05/06/2024 05/06/24 | For Sale | $159,000 | 0.0% | $94 / Sq Ft | |
| 04/11/2024 04/11/24 | Pending | -- | -- | -- | |
| 03/21/2024 03/21/24 | Price Changed | $159,000 | -5.9% | $94 / Sq Ft | |
| 01/26/2024 01/26/24 | For Sale | $169,000 | 0.0% | $99 / Sq Ft | |
| 01/17/2024 01/17/24 | Pending | -- | -- | -- | |
| 12/14/2023 12/14/23 | Price Changed | $169,000 | -5.6% | $99 / Sq Ft | |
| 10/24/2023 10/24/23 | Price Changed | $179,000 | -5.3% | $105 / Sq Ft | |
| 09/25/2023 09/25/23 | For Sale | $189,000 | +45.4% | $111 / Sq Ft | |
| 07/01/2020 07/01/20 | Sold | $130,000 | -6.5% | $76 / Sq Ft | View Prior Sale |
| 05/07/2020 05/07/20 | Pending | -- | -- | -- | |
| 03/15/2020 03/15/20 | For Sale | $139,000 | -- | $82 / Sq Ft |
Source: RMLS Alliance
Tax History Compared to Growth
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 | $2,929 | $34,866 | $5,846 | $29,020 |
| 2023 | $2,816 | $31,847 | $5,340 | $26,507 |
| 2022 | $2,658 | $29,664 | $5,066 | $24,598 |
| 2021 | $2,570 | $28,553 | $4,876 | $23,677 |
| 2020 | $1,963 | $22,288 | $4,883 | $17,405 |
| 2019 | $1,927 | $22,210 | $4,866 | $17,344 |
| 2018 | $2,059 | $24,366 | $4,842 | $19,524 |
| 2017 | $2,016 | $24,051 | $4,779 | $19,272 |
| 2016 | $1,977 | $23,700 | $4,709 | $18,991 |
| 2015 | $1,736 | $20,769 | $19,198 | $1,571 |
| 2014 | $1,710 | $20,635 | $19,074 | $1,561 |
| 2013 | $1,672 | $20,635 | $19,074 | $1,561 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry George
Map
Source: RMLS Alliance
MLS Number: CA1024953
APN: 22-04.0-237-014
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