NOT LISTED FOR SALE

1728 S 7th St Springfield, IL 62703

Iles Park Neighborhood

Estimated Value: $79,000 - $106,000

Studio
-- Bath
2,157 Sq Ft
$42/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $69,000 $32 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $648/month

10 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 3-minute walk to Washington Park
  • Forced Air Heating System

About This Home

As of June 2023

Great potential in this building! Main floor has been used as a chiropractic office since 1989 and could be easily converted to a 3 bedroom apartment. Upstairs is a 1 bedroom apartment. Basement is also partially finished with a 1 bedroom apartment but does not have egress windows. Great corner lot with paved parking lot!

Last Agent to Sell the Property

Joe Tetzlaff

RE/MAX Professionals License #471000757 Listed on: 04/28/2023

RE/MAX Professionals

Last Buyer's Agent

Joe Tetzlaff

RE/MAX Professionals License #471000757 Listed on: 04/28/2023

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,550

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 60x152.83
  • Corner Lot

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,157 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 10 Parking Spaces
  • Alley Access

Schools

  • Springfield District #186 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 22030112010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,550

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1925
  • New Construction: No
  • Structure Type: Two or More Story, Apartment Building
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Full, Partially Finished

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Wood Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Alley Access, Other
  • Total Parking Spaces: 10

Utilities

  • Heating: Forced Air, Gas, Central Air
  • Water Source: Public Sewer, Public
  • GasExpense: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 60x152.83
  • Parcel #: 22030112010

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3550.5
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Jun 15, 2023
Sold by
Gary Edward J
Bought by
Property Unltd Llc
Seller's Agent
Joe Tetzlaff
RE/MAX Professionals
Buyer's Agent
Joe Tetzlaff
RE/MAX Professionals
List Price
$79,900
Sold Price
$69,000
Premium/Discount to List
-$10,900
-13.64%
Views
96
Current Estimated Value
$90,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,730
Avg. Annual Appreciation
11.02%
Original Mortgage
$80,000
Outstanding Balance
$77,861
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$12,869

Purchase Details

Closed on
Jan 30, 2004
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
Property Unltd Llc $69,000 None Listed On Document
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Property Unltd Llc $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2023 06/13/23 Sold $69,000 -13.6% $32 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $79,900 -- $37 / 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 $2,129 $25,349 $4,609 $20,740
2023 $2,047 $23,154 $4,210 $18,944
2022 $3,551 $39,622 $13,558 $26,064
2021 $3,433 $38,138 $13,050 $25,088
2020 $3,365 $38,196 $13,070 $25,126
2019 $3,302 $38,062 $13,024 $25,038
2018 $3,477 $41,155 $12,968 $28,187
2017 $3,405 $40,623 $12,800 $27,823
2016 $3,338 $40,030 $12,613 $27,417
2015 $3,306 $39,551 $12,462 $27,089
2014 $3,256 $39,296 $12,382 $26,914
2013 $3,184 $39,296 $12,382 $26,914
Source: Public Records

Agents Affiliated with this Home

  • Joe Tetzlaff

    Seller's Agent in 2023

    Joe Tetzlaff

    RE/MAX Professionals

    (217) 416-3481

    4 in this area

    200 Total Sales

    Joe Tetzlaff
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Map

Source: RMLS Alliance

MLS Number: CA1021886

RMLS Alliance

APN: 22-03.0-112-010

Illinois Sangamon County Springfield 62703 Iles Park

1728 S 7th St, Springfield, IL

Not Listed for Sale

MultiFamily

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