NOT LISTED FOR SALE

1723 S 2nd St Springfield, IL 62704

Grand Central Neighborhood

Estimated Value: $51,000 - $110,000

-- Bed
-- Bath
1,484 Sq Ft
$51/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $26,500 $18 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $527/month

21 Days on Market

About This Home

As of April 2016

TERRIFIC DUPLEX INVESTMENT OPPORTUNITY! Very clean & tidy w/NEW ROOF fall of 2015. The income #'s reflect the most recent rents before the owner decided to ready the property for sale. There is one furnace, a/c & water heater for both sides & tenants were splitting the cost of gas, electric, water & sewer between them. Also included is the rear 40x60 parcel w/ID#: 22040276033. The two lots together = 40x150. Drive to South belongs to this property, drive to North does not. Shed might be negot. Vacant lot to North could be purchased separately! Being sold AS IS & priced to SELL FAST!

Last Agent to Sell the Property

Mike Buscher

The Real Estate Group, Inc. License #471000541 Listed on: 03/10/2016

The Real Estate Group, Inc.

Last Buyer's Agent

Jerry Lemmon

IN BETWEEN OFFICES License #475102644

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,198

Lot Details

  • 3,572

Home Design

  • Duplex

Basement

  • Partial Basement

Schools

  • Springfield District #186 High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,198

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: E90' L24 B2 C.H. PIERCES SUB
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Partial, Brick
  • Price Per Sq Ft: 17.86
  • Total Sq Ft: 1484

Exterior Features

  • Exterior: Aluminum Siding
  • Exterior Amentities: Fenced

Garage/Parking

  • Garage Parking: On-Street Parking
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 132

Schools

  • High School: Springfield District #186
  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 40 X 150
  • Zoning: R2 sfr or duplx
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1198
  • Parcel Id Number Tax Id: 22040276032
  • Tax Year: 2015

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 7800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2020
Sold by
Gregory Marc S and Gregory Melanie S
Bought by
Two Is Llc Series 2
Current Estimated Value
$76,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$4,581
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$71,683

Purchase Details

Closed on
Mar 9, 2018
Sold by
Chen Bin
Bought by
Gregory Marc S and Gregory Melanie S

Purchase Details

Closed on
Jun 7, 2002

Purchase Details

Closed on
Sep 24, 1996
Source: Public Records

Range of Values:

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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
Two Is Llc Series 2 $150,000 Zelle Title
Gregory Marc S $25,000 Illinois Real Estate Title Cen
-- $35,000 --
-- $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Two Is Llc Series 2 $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $26,500 -11.4% $18 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $29,900 -- $20 / 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 $1,366 $16,266 $3,033 $13,233
2023 $1,314 $14,857 $2,770 $12,087
2022 $1,263 $14,094 $2,628 $11,466
2021 $1,221 $13,567 $2,530 $11,037
2020 $1,197 $13,588 $2,534 $11,054
2019 $1,175 $13,540 $2,525 $11,015
2018 $1,042 $12,338 $2,514 $9,824
2017 $1,021 $12,178 $2,481 $9,697
2016 $1,001 $12,001 $2,445 $9,556
2015 $1,198 $14,333 $2,416 $11,917
2014 $1,180 $14,240 $2,400 $11,840
2013 $1,154 $14,240 $2,400 $11,840
Source: Public Records

Agents Affiliated with this Home

  • Mike Buscher

    Seller's Agent in 2016

    Mike Buscher

    The Real Estate Group, Inc.

    (217) 553-5958

    7 Total Sales

    Mike Buscher
    Section Image

  • J

    Buyer's Agent in 2016

    Jerry Lemmon

    IN BETWEEN OFFICES

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMACA161280

RMLS Alliance

APN: 22-04.0-276-032

Illinois Sangamon County Springfield 62704 Grand Central

1723 S 2nd St, Springfield, IL

This home is located at 1723 S 2nd St, Springfield, IL 62704 since 10 March 2016 and is currently estimated at $76,264, approximately $51 per square foot. 1723 S 2nd St is a home located in Sangamon County with nearby schools including Black Hawk Elementary School, Jefferson 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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