NOT LISTED FOR SALE

1625 S 6th St Springfield, IL 62703

Iles Park Neighborhood

Estimated Value: $218,802

Studio
-- Bath
-- Sq Ft
3,223 Sq Ft Lot

Last Sold October 16, 2020

Last sale price $178,000

Est. 23% increase in value since last sale

Current estimated payment $1,352/month

44 Days on Market

About This Home

As of October 2020

Excellent Office building, located just south of downtown Springfield, on Business 55, traffic count 14,700 car per day. All Brick and block building. Two executive/principal office's with private shared half bath, large conference room, large training room and several other private offices (see floor plan) perfect for lobbyist, attorneys, insurance, accounting or general office. 13 onsite parking spots. There are two parcels, 2nd parcel number is 22030107018

Last Agent to Sell the Property

Jay Clark

The Real Estate Group, Inc. License #475103848 Listed on: 07/29/2020

The Real Estate Group, Inc.

Last Buyer's Agent

GREG ZESSIN

Springfield Real Estate, LLC License #471021583

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,833

Lot Details

  • 3,223

Utilities

  • Forced Air Heating and Cooling System

Property Details

Property Type

Other

Est. Annual Taxes

$3,833

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Lvt Date: 07/29/2020
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Carpeted
  • Total Building Sq Ft: 3872

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: Corner Lot
  • Insulation: None
  • Roof Construction: Comp Shingle
  • Wall Construction: Block, Brick

Utilities

  • Cooling: Central Air
  • Heating: Forced Air

Lot Info

  • Zoning: S-2
  • Geo Subdivision: IL

Rental Info

  • Terms Lease: 3 Years

Tax Info

  • Annual Taxes: 3833
  • Parcel Id Number Tax Id: 22030107017
  • Tax Incentive: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Oct 16, 2020
Sold by
H & I Properties Llc
Bought by
Bfi Holdings Llc
Seller's Agent
Jay Clark
The Real Estate Group, Inc.
Buyer's Agent
GREG ZESSIN
Springfield Real Estate, LLC
List Price
$220,000
Sold Price
$178,000
Premium/Discount to List
-$42,000
-19.09%
Current Estimated Value
$218,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,802
Original Mortgage
$193,500
Outstanding Balance
$172,108
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2005
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bfi Holdings Llc $178,000 Cornerstone Title
-- $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bfi Holdings Llc $193,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $178,000 -19.1% --
07/29/2020 07/29/20 For Sale $220,000 -- --
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
2023 -- $22,881 $8,804 $14,077
2022 $2,050 $22,881 $8,804 $14,077
2021 $1,982 $22,024 $8,474 $13,550
2020 $4,017 $45,606 $8,487 $37,119
2019 $3,943 $45,447 $8,457 $36,990
2018 $3,914 $46,322 $8,411 $37,911
2017 $3,833 $45,723 $8,302 $37,421
2016 $3,758 $45,056 $8,181 $36,875
2015 $3,721 $44,517 $8,083 $36,434
2014 $3,665 $44,230 $8,031 $36,199
2013 $3,584 $44,230 $8,031 $36,199
Source: Public Records

Agents Affiliated with this Home

  • Jay Clark

    Seller's Agent in 2020

    Jay Clark

    The Real Estate Group, Inc.

    (217) 725-3402

    1 in this area

    112 Total Sales

    Jay Clark
    Section Image
  • GREG ZESSIN

    Buyer's Agent in 2020

    GREG ZESSIN

    Springfield Real Estate, LLC

    (217) 414-0373

    57 Total Sales

    GREG ZESSIN
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1001468

RMLS Alliance

APN: 22-03.0-107-017

Illinois Sangamon County Springfield 62703 Iles Park

1625 S 6th St, Springfield, IL

Not Listed for Sale

Other

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