NOT LISTED FOR SALE

1913 Taylor Ave Springfield, IL 62703

Estimated Value: $54,000 - $64,000

3 Beds
1 Bath
1,065 Sq Ft
$57/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $48,000 $45 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $442/month

5 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • 1 Fireplace
  • Eat-In Kitchen
  • 5-minute walk to Eisenhower Park

About This Home

As of June 2022

If there ever was a "cash cow" rental property, this is it! AMAZING CASH-FLOW OPPORTUNITY for a LANDLORD INVESTOR. Rented for $950 / month. Qualifies for Section 8. Housing Authority currently pays part of the rent. Current lease ends shortly, on May 31st, 2022. This means at the time of the closing the Buyer will have all options on the table, at buyer’s choice. Buyer can either continue with Section 8 with the current tenant or a new tenant and do a one-year lease or a month-to-month rental agreement. Housing Authority is fine with any approach. Alternatively, buyer can rent the property to a regular non-Section 8 tenant. Rents are high in this area. Another option is to renovate the house and sell it. Tenant can move out prior to closing if buyer prefers. Property is being sold as-is but is move-in ready. Annual Section 8 inspection just passed successfully.

Last Agent to Sell the Property

Philip Dressen

Phillip E. Dressen REALTOR Inc License #471004520 Listed on: 05/13/2022

Last Buyer's Agent

Jerry George

The Real Estate Group, Inc. License #475159363

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,457

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 61x101

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,065 Sq Ft Home
  • 1 Fireplace
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Springfield District #186 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • Garden Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22-02.0-253-054

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,457

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1955
  • Architectural Style: Ranch
  • New Construction: No
  • PricePerSqFt: 45.07
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Living Area: 1065
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Other
  • Construction Type: Vinyl Siding, Frame
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Gravel

Utilities

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

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 61X101
  • Parcel #: 22-02.0-253-054

Tax Info

  • Tax Year: 2021
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 14, 2022
Sold by
360 Property Maintenance Llc
Bought by
Berger John
Seller's Agent
Philip Dressen
Phillip E. Dressen REALTOR Inc
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$47,900
Sold Price
$48,000
Premium/Discount to List
$100
0.21%
Current Estimated Value
$60,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,751
Avg. Annual Appreciation
7.22%

Purchase Details

Listed on
May 13, 2022
Closed on
Jun 10, 2022
Sold by
Gregory Betty J
Bought by
360 Property Maintenance Llc
Seller's Agent
Philip Dressen
Phillip E. Dressen REALTOR Inc
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$47,900
Sold Price
$48,000
Premium/Discount to List
$100
0.21%

Purchase Details

Closed on
Jul 30, 2015

Purchase Details

Closed on
May 28, 2009

Purchase Details

Closed on
Jul 17, 2003

Purchase Details

Closed on
Jun 7, 2002

Purchase Details

Closed on
Jul 13, 1999

Purchase Details

Closed on
May 28, 1999

Purchase Details

Closed on
Jan 21, 1997

Purchase Details

Closed on
Nov 27, 1996

Purchase Details

Closed on
Jul 25, 1995
Source: Public Records

Range of Values:

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Average Value
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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
Berger John $48,000 None Listed On Document
Gregory Betty J -- Barber Segatto Hoffee Wilke &
Berger John $48,000 None Listed On Document
360 Property Maintenance Llc $31,000 None Listed On Document
-- -- --
-- -- --
-- -- --
-- -- --
-- $22,000 --
-- $14,500 --
-- $45,000 --
-- -- --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $48,000 +0.2% $45 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $47,900 -- $45 / 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 $1,457 $17,345 $3,341 $14,004
2023 $1,401 $15,843 $3,052 $12,791
2022 $1,347 $15,028 $2,895 $12,133
2021 $1,302 $14,466 $2,787 $11,679
2020 $1,276 $14,488 $2,791 $11,697
2019 $1,252 $14,437 $2,781 $11,656
2018 $1,343 $15,890 $2,768 $13,122
2017 $1,746 $20,824 $2,731 $18,093
2016 $1,711 $20,520 $2,691 $17,829
2015 $1,695 $20,275 $2,659 $17,616
2014 $1,669 $20,144 $2,642 $17,502
2013 $1,632 $20,144 $2,642 $17,502
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1014282

RMLS Alliance

APN: 22-02.0-253-054