NOT LISTED FOR SALE

Estimated Value: $112,000 - $200,000

4 Beds
2 Baths
2,800 Sq Ft
$53/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $141,000 $50 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,135/month

54 Days on Market

About This Home

As of February 2021

Historic 2 unit building that has been updated and is meticulously cared for. Units have bright airy feel with east facing sunroom on the front that overlooks Iles Park. Fireplaces in both units are wood burning, have not been used and are conveyed as is. New roof house and garage 2015. Updated electric with new panel box.

Last Listed By

Cynthia Grady

The Real Estate Group, Inc. License #471010585 Listed on: 11/10/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,731

Year Built

  • Built in 1900

Lot Details

  • 6,229

Interior Spaces

  • 2-Story Property
  • Storage
  • Finished Basement
  • Block Basement Construction

Parking

  • Garage
  • Garage Door Opener

Schools

  • Springfield District #186 High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric only, garbage collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,731

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: S 40' N 80' L 1 B 7 E ILES SUB LANDS #1
  • Lvt Date: 11/10/2020
  • Year Built: 1900
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Additional Storage, Cable Tv Available, Garage Door Opener(s)
  • Number Dish Washers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Finished, Block
  • Price Per Sq Ft: 50.36
  • Total Sq Ft: 2800

Exterior Features

  • Exterior: Brick
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Shared Garage
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Electric, Gas, Hot Water, Central Air, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 660
  • Gas Expense: 2820
  • Laundry Facilities: Common, No Laundry Equipment, Units Hook-Ups
  • Water Sewer Expenses: 420
  • Number Window Units: 2

Schools

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

Lot Info

  • Estimated Lot Size: 155 X 40
  • Subdivision: Iles
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Electric Only, Garbage Collection
  • Gross Annual Rent Income: 8400

Tax Info

  • Annual Taxes: 1731.2
  • Parcel Id Number Tax Id: 22-03.0-157-017
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 16800
  • Total Number Central Air Units: 1
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2021
Sold by
Richter David S and Richter Katherine S
Bought by
Springfield Sixth Street
Total Days on Market
54
Current Estimated Value
$148,919

Purchase Details

Listed on
Nov 10, 2020
Closed on
Feb 11, 2021
Sold by
Omalley Gregory R
Bought by
Richter David and Thompson Katherine S
Seller's Agent
Cynthia Grady
The Real Estate Group, Inc.
Buyer's Agent
Megan Pressnall
The Real Estate Group, Inc.
List Price
$149,900,000
Sold Price
$141,000
Premium/Discount to List
-$149,759,000
-99.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.28%
Original Mortgage
$105,750
Interest Rate
2.6%
Mortgage Type
New Conventional

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
Springfield Sixth Street -- Gary E Kerr Ltd
Richter David $141,000 Prairie Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richter David $105,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $141,000 -5.9% $50 / Sq Ft
11/13/2020 11/13/20 Price Changed $149,900 +0.6% $54 / Sq Ft
11/11/2020 11/11/20 Price Changed $149,000 -99.9% $53 / Sq Ft
11/10/2020 11/10/20 For Sale $149,900,000 -- $53,536 / 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 $3,624 $43,147 $4,677 $38,470
2023 $3,484 $39,411 $4,272 $35,139
2022 $3,285 $36,661 $4,052 $32,609
2021 $2,636 $35,288 $3,900 $31,388
2020 $1,766 $26,046 $3,906 $22,140
2019 $1,731 $25,955 $3,892 $22,063
2018 $1,919 $28,711 $3,874 $24,837
2017 $1,873 $28,340 $3,824 $24,516
2016 $1,829 $27,926 $3,768 $24,158
2015 $1,805 $27,592 $3,723 $23,869
2014 $1,784 $27,414 $3,699 $23,715
2013 $1,744 $27,523 $3,698 $23,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1003676

RMLS Alliance

APN: 22-03.0-157-017