NOT LISTED FOR SALE

1627 N 8th St Springfield, IL 62702

Estimated Value: $70,000 - $84,000

2 Beds
1 Bath
950 Sq Ft
$81/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $51,500 $54 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $484/month

252 Days on Market

Highlights

  • Porch
  • Ceiling Fan
  • Replacement Windows
  • Bungalow
  • Garage

About This Home

As of February 2021

This home has been loved by generations of the same family since it was built. The spacious living room used to be two rooms and has been opened up for maximum utility, which could include space for formal dining or a home office. The laundry area is on the main floor in the enclosed back porch area with built in storage. Updates include a new roof September 2020, HVAC installed and detached 2-car garage built within the past 10 years, and most windows have been replaced. The home is equipped with security storm doors on front and back and the Young's Security service can be transferred to the new owner. A deep covered front porch is the perfect place to spend summer evenings. Conveniently located near Lincoln Park, the Illinois State Fairgrounds, Springfield Capital Airport, and I-55/Business 55. Home is being offered As-Is, Where Is.

Last Agent to Sell the Property

JANE LOCASCIO

The Real Estate Group, Inc. License #475124132 Listed on: 04/15/2020

The Real Estate Group, Inc.

Last Buyer's Agent

Rick Hanselman

IN BETWEEN OFFICES License #475098882

IN BETWEEN OFFICES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $632

Year Built

  • Built in 1840

Lot Details

  • 5,227

Home Design

  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • Ceiling Fan
  • Replacement Windows
  • Blinds
  • Oven or Range

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Porch

Schools

  • Ridgely Elementary School

Home Details

Home Type

Single Family

Est. Annual Taxes

$632

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Legal Description: S 40' N 118' L1 B1 EASTMANS BLACK & KEYS SUB PT E1/2 SW 22-16-5
  • Lvt Date: 04/15/2020
  • Year Built: 1840
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Range/Oven, Washer
  • Interior Amenities: Garage Door Opener(s), Blinds, Ceiling Fan, Window Coverings
  • Total Bathrooms: 2
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Half Baths: 1
  • Number of Half Bathrooms in the Basement: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 9.07x12.05, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Brick, Concrete, Full
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 11.06x8.05, On Level: Main, Flooring: Hardwood
  • Bedroom 2 Egress Window: Yes
  • Kitchen: Dimensions: 12.05x10.11, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Eat-In Kitchen
  • Living Room: Dimensions: 27.1x12.1, On Level: Main, Flooring: Carpet
  • Total Basement Sq Ft: 950
  • Price Per Sq Ft: 54.21
  • Finished Sq Ft: 950
  • Total Sq Ft: 950
  • Finished Main Level Sq Ft: 950

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Porch, Replacement Windows
  • Road Access: Alley, Curbs & Gutters, Paved
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: Detached, Alley
  • Garage Yn: Yes
  • Number Cars: 2
  • Number Of Garage Remotes: 2

Utilities

  • Heating Cooling: Electric, Gas, Forced Air, 2+ Cooling Systems, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Sewer, Public Water
  • Utility Companies: AmerenIllinois, CWLP

Schools

  • Elementary School: Ridgely
  • High School: Lanphier High School
  • Elementary School: Ridgely

Lot Info

  • Estimated Lot Size: 40 X 130
  • Lot Description: Sloping
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 632.42
  • Parcel Id Number Tax Id: 14220327019
  • Tax Exemptions: Homestead/Owner Occupied, Senior Homestead
  • Tax Year: 2018

MLS Schools

  • High School School District: Lanphier High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
Feb 8, 2021
Sold by
Donald J Ford 2008 Trust
Bought by
Glover Robert L
Seller's Agent
JANE LOCASCIO
The Real Estate Group, Inc.
Buyer's Agent
Rick Hanselman
IN BETWEEN OFFICES
List Price
$55,000
Sold Price
$51,500
Premium/Discount to List
-$3,500
-6.36%
Total Days on Market
252
Current Estimated Value
$77,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,788
Avg. Annual Appreciation
10.90%
Original Mortgage
$48,925
Outstanding Balance
$44,619
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$35,990

Purchase Details

Closed on
Dec 10, 2008

Purchase Details

Closed on
Nov 22, 1996

Purchase Details

Closed on
Sep 12, 1996
Source: Public Records

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Range of Values:

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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
-- -- --
-- $45,000 --
-- -- --
Glover Robert L $51,500 Cornerstone Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glover Robert L $48,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $51,500 -6.4% $54 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $55,000 0.0% $58 / Sq Ft
10/23/2020 10/23/20 Price Changed $55,000 +6.8% $58 / Sq Ft
10/16/2020 10/16/20 Off Market $51,500 -- --
09/17/2020 09/17/20 For Sale $60,000 +16.5% $63 / Sq Ft
08/18/2020 08/18/20 Off Market $51,500 -- --
08/09/2020 08/09/20 For Sale $60,000 0.0% $63 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
06/13/2020 06/13/20 Price Changed $60,000 -6.1% $63 / Sq Ft
05/06/2020 05/06/20 Price Changed $63,900 -1.5% $67 / Sq Ft
04/15/2020 04/15/20 For Sale $64,900 -- $68 / 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 $600 $19,859 $2,959 $16,900
2023 $631 $18,140 $2,703 $15,437
2022 $556 $17,207 $2,564 $14,643
2021 $501 $16,563 $2,468 $14,095
2020 $673 $18,641 $2,471 $16,170
2019 $657 $18,576 $2,462 $16,114
2018 $632 $18,485 $2,450 $16,035
2017 $607 $18,246 $2,418 $15,828
2016 $582 $17,980 $2,383 $15,597
2015 $566 $17,766 $2,355 $15,411
2014 $491 $17,651 $2,340 $15,311
2013 $480 $16,922 $2,340 $14,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA999162

RMLS Alliance

APN: 14-22.0-327-019