NOT LISTED FOR SALE

1818 Reed Ave Unit 1 Springfield, IL 62704

Estimated Value: $152,000 - $155,000

3 Beds
1 Bath
1,242 Sq Ft
$124/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $140,000 $113 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,166/month

2 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • 1 Car Detached Garage
  • No HOA
  • Fenced Yard
  • Tandem Parking

About This Home

As of June 2023

Don't miss out on this move in ready 3 bedroom 1 bathroom home located in the Village of Jerome. You are sure to fall in love with the living room area as it boasts a gorgeous marble wood-burning fireplace, sleek LVP flooring, neutral paint color, and white trim to tie it all together. The kitchen will become your favorite place with stunning stainless steel appliances, the beautiful backsplash, and plenty of cabinetry for all of your storage needs. Outside features include a 1 car detached tandem garage, a fenced backyard, and a back patio that will be perfect for grilling out this summer. The roof was replaced in 2008, the water heater was replaced in 2013, and the kitchen appliances were upgraded in 2017. Seller is also offering a Home Warranty. This home is Broker Owned and is being sold AS-IS.

Last Agent to Sell the Property

Tim Frederick

Campo Realty, Inc. License #475126901 Listed on: 04/27/2023

Last Buyer's Agent

Raegan Parker

The Real Estate Group, Inc. License #475191649

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • Lot Dimensions are 50 x 183
  • Fenced Yard
  • Sloped Lot

Parking

  • 1 Car Detached Garage
  • Tandem Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,242 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Replacement Windows
  • Blinds
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Springfield District #186 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Jerome Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22-08.0-151-004

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1951
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 112.72
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Blinds, Ceiling Fan(s)
  • Living Area: 1242
  • KitchenDining: Dining Formal

Exterior Features

  • Lot Features: Sloped
  • Road Surface Type: Paved
  • Construction Type: Block, Brick
  • Exterior Features: Fenced Yard, Patio, Replacement Windows
  • Foundation Details: Slab
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Detached, Paved, Tandem

Utilities

  • Heating: Gas, Forced Air, Electric Water Heater, Central Air
  • Water Source: Public Sewer, Public
  • NumberOfGarageRemotes: 1
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 50 x 183
  • Parcel #: 22-08.0-151-004
  • ZonedAgricultural: No

Green Features

  • Efficiency: High Efficiency Air Cond, High Efficiency Wtr Htr

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2204.68
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jun 5, 2023
Sold by
Frederick Tim
Bought by
Cumby Sarah J and Cumby Cole C
Seller's Agent
Tim Frederick
Campo Realty, Inc.
Buyer's Agent
Raegan Parker
The Real Estate Group, Inc.
List Price
$139,900
Sold Price
$140,000
Premium/Discount to List
$100
0.07%
Views
27
Current Estimated Value
$153,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,905
Avg. Annual Appreciation
4.90%
Original Mortgage
$132,207
Outstanding Balance
$128,859
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$25,565

Purchase Details

Closed on
Mar 28, 2023
Sold by
Sheriff Of Sangamon County
Bought by
Frederick Tim and Illinois Housing Development Authority

Purchase Details

Listed on
Dec 27, 2012
Closed on
Mar 12, 2013
Seller's Agent
Ronald Duff
RE/MAX Professionals
Buyer's Agent
Kevin Jones
IN BETWEEN OFFICES
List Price
$59,000
Sold Price
$59,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%

Purchase Details

Closed on
Jul 11, 2012

Purchase Details

Closed on
Apr 15, 2010

Purchase Details

Closed on
Jul 18, 2008

Purchase Details

Closed on
Feb 7, 2007

Purchase Details

Closed on
Mar 23, 1998
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
Cumby Sarah J $140,000 None Listed On Document
Frederick Tim $89,000 --
-- $59,000 --
-- $151,700 --
-- -- --
-- $112,900 --
-- $57,500 --
-- $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cumby Sarah J $132,207
Previous Owner Palazzolo Laura B $4,396
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $140,000 +0.1% $113 / Sq Ft
04/29/2023 04/29/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $139,900 +27.3% $113 / Sq Ft
09/03/2019 09/03/19 Sold $109,900 0.0% $92 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $109,900 +86.3% $92 / Sq Ft
03/14/2013 03/14/13 Sold $59,000 0.0% $48 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
12/27/2012 12/27/12 For Sale $59,000 -- $48 / 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 -- $46,173 $11,103 $35,070
2023 $3,703 $42,753 $10,281 $32,472
2022 $2,205 $25,103 $9,729 $15,374
2021 $2,128 $24,119 $9,348 $14,771
2020 $2,053 $23,856 $9,246 $14,610
2019 $1,239 $20,663 $9,084 $11,579
2018 $1,195 $20,574 $9,045 $11,529
2017 $1,159 $20,258 $8,906 $11,352
2016 $1,111 $19,735 $8,676 $11,059
2015 $1,080 $19,289 $8,480 $10,809
2014 $1,057 $19,128 $8,409 $10,719
2013 $1,201 $19,333 $8,499 $10,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1021834

RMLS Alliance

APN: 22-08.0-151-004