NOT LISTED FOR SALE

1644 W Adams St Springfield, IL 62704

Pasfield Park Place Neighborhood

Estimated Value: $151,000 - $193,163

Studio
-- Bath
1,950 Sq Ft
$89/Sq Ft Est. Value

Last Sold January 25, 2024

Last sale price $154,000 $79 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,281/month

5 Days on Market

Highlights

  • 2 Car Detached Garage
  • Two Heating Systems
  • Multiple cooling system units
  • Springfield High School Rated A-

About This Home

As of January 2024

Great investment opportunity. This is currently a duplex that features 2 bedrooms and 1 bath in the first unit and 3 bedrooms, 2 baths, and 2 full kitchens in the second unit. The first unit is currently vacant and previously rented for $780/ month. It has been freshly painted and has new kitchen counter tops and cabinets. The second unit is occupied and brings in $1474/month ($977/ month from housing vouchers). Originally built as a four plex. There is a lower level unit that has framing, electrical, and plumbing partially in place. Live in one side and rent the other out or rent both sides out. All appliances stay. Washer and dryer belong to tenant and are not included. Sold AS-IS. Broker owned.

Last Agent to Sell the Property

Frank Nguyen

The Real Estate Group, Inc. Brokerage Phone: 217-553-3857 License #475189555 Listed on: 11/27/2023

The Real Estate Group, Inc.

Last Buyer's Agent

Frank Nguyen

The Real Estate Group, Inc. Brokerage Phone: 217-553-3857 License #475189555 Listed on: 11/27/2023

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,746

Year Built

  • Built in 1964

Lot Details

  • Lot Dimensions are 110 x 80

Parking

  • 2 Car Detached Garage

Home Design

  • 1,950 Sq Ft Home
  • Brick Exterior Construction
  • Shingle Roof
  • Aluminum Siding

Schools

  • Springfield District #186 High School

Utilities

  • Multiple cooling system units
  • Two Heating Systems
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Partially Finished Basement

Community Details

  • Trash Expense $68

Listing and Financial Details

  • Assessor Parcel Number 14-32.0-203-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,746

Year Built

Built in 1964

Lot Details

9,496 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1964
  • New Construction: No
  • Structure Type: Duplex
  • Age55PlusDevelopment: No
  • Attribution Contact: Mobl: 217-553-3857
  • Special Features: None

Interior Features

  • Basement: Partially Finished

Exterior Features

  • Lot Features: Other
  • Construction Type: Aluminum Siding, Brick Partial
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Detached
  • Total Parking Spaces: 2

Utilities

  • Heating: Heating Systems - 2+, Forced Air, Gas, Cooling Systems - 2+, Central Air, Gas Water Heater
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 3
  • NumberofRefrigerators: 3

Fee Information

  • Trash Expense: 68
  • AdvertisingExpense: 0

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 110 x 80
  • Parcel #: 14-32.0-203-003

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3746.38
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Jan 29, 2024
Sold by
Green Tea River Llc Series 1
Bought by
1644 W Adams St Llc
Seller's Agent
Frank Nguyen
The Real Estate Group, Inc.
Buyer's Agent
Frank Nguyen
The Real Estate Group, Inc.
List Price
$150,000
Sold Price
$154,000
Premium/Discount to List
$4,000
2.67%
Views
25
Current Estimated Value
$174,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,041
Avg. Annual Appreciation
5.91%
Original Mortgage
$115,500
Outstanding Balance
$113,585
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$60,456

Purchase Details

Closed on
Jul 7, 2004

Purchase Details

Closed on
Apr 30, 1999

Purchase Details

Closed on
Jan 23, 1995
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
1644 W Adams St Llc $154,000 None Listed On Document
-- $106,000 --
-- $82,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1644 W Adams St Llc $115,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2024 01/25/24 Sold $154,000 +2.7% $79 / Sq Ft
12/02/2023 12/02/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $150,000 +48.5% $77 / Sq Ft
12/21/2016 12/21/16 Sold $101,000 -8.2% $52 / Sq Ft View Prior Sale
11/17/2016 11/17/16 Pending -- -- --
11/07/2016 11/07/16 For Sale $110,000 -- $56 / Sq Ft
Source: RMLS Alliance

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 $4,494 $53,508 $10,026 $43,482
2023 $3,897 $44,074 $9,157 $34,917
2022 $3,746 $41,808 $8,686 $33,122
2021 $3,622 $40,243 $8,361 $31,882
2020 $3,550 $40,304 $8,374 $31,930
2019 $3,484 $40,164 $8,345 $31,819
2018 $2,960 $35,031 $8,304 $26,727
2017 $2,899 $34,578 $8,197 $26,381
2016 $3,243 $38,881 $4,038 $34,843
2015 $3,211 $38,416 $3,990 $34,426
2014 $3,163 $38,168 $3,964 $34,204
2013 $3,092 $38,168 $3,964 $34,204
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2024

    Frank Nguyen

    The Real Estate Group, Inc.

    (217) 553-3857

    2 in this area

    41 Total Sales

    Frank Nguyen
    Section Image
  • Wade Ebert

    Seller's Agent in 2016

    Wade Ebert

    The Real Estate Group, Inc.

    (217) 280-0790

    1 in this area

    29 Total Sales

    Wade Ebert
    Section Image
  • Jerry George

    Buyer's Agent in 2016

    Jerry George

    The Real Estate Group, Inc.

    (217) 638-1360

    45 in this area

    899 Total Sales

    Jerry George
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1026200

RMLS Alliance

APN: 14-32.0-203-003

Illinois Sangamon County Springfield 62704 Pasfield Park Place

1644 W Adams St, Springfield, IL

Not Listed for Sale

MultiFamily

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Based on information submitted to the MLS GRID

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