$25,000
- 1 Bed
- 1 Bath
- 760 Sq Ft
- 1609 E Melrose St
- Springfield, IL
Perfect project home that needs some finishing touches to turn into a great small home for yourself or turn into a rental.
Logan Cunningham Keller Williams Capital
2011 E Laurel St Springfield, IL 62703
C Lee Carey Neighborhood Association Neighborhood
2
Beds
1
Bath
912
Sq Ft
3,833
Sq Ft Lot
About This Home
As of July 2024Start your Investment Portfolio Today! Already rented to long term tenant, paying $600 a month. 2 bedroom 1 bath home, being sold As-Is. All offers must include the As-Is Addendum.
Last Agent to Sell the Property
Trina Dunbar
IN BETWEEN OFFICES License #475181904 Listed on: 10/08/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $532
Year Built
- Built in 1921
Home Design
- Ranch Style House
Additional Features
- 1 Full Bathroom
- Porch
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 24, 2024
Closed on
Jul 26, 2024
Sold by
Shanks Nathan P
Bought by
Homy Llc
Seller's Agent
Jerry George
The Real Estate Group, Inc.
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$42,000
Sold Price
$40,000
Premium/Discount to List
-$2,000
-4.76%
Views
99
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,049
Avg. Annual Appreciation
12.62%
Purchase Details
Listed on
Oct 8, 2021
Closed on
Nov 13, 2021
Sold by
Lidong Ding
Bought by
Shanks Nathan P
Seller's Agent
Trina Dunbar
IN BETWEEN OFFICES
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$24,000
Sold Price
$22,000
Premium/Discount to List
-$2,000
-8.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.89%
Original Mortgage
$37,400
Interest Rate
4.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 18, 2016
Purchase Details
Closed on
Mar 2, 2007
Purchase Details
Closed on
Dec 22, 2004
Purchase Details
Closed on
Aug 14, 2000
Purchase Details
Closed on
Dec 15, 1999
Purchase Details
Closed on
Jun 9, 1998
Purchase Details
Closed on
Jan 19, 1998
Purchase Details
Closed on
May 8, 1985
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Investor Special!
KC SULLIVAN The Real Estate Group, Inc.
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $40,000 | None Listed On Document | |
| Warranty Deed | $44,000 | Fernandes David A | |
| Deed | $18,000 | -- | |
| Deed | $7,000 | -- | |
| Deed | $94,400 | -- | |
| Deed | $14,000 | -- | |
| Deed | -- | -- | |
| Deed | $17,000 | -- | |
| Deed | -- | -- | |
| Deed | $17,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $107,600 | New Conventional | |
| Previous Owner | $37,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/26/2024 07/26/24 | Sold | $40,000 | -4.8% | $45 / Sq Ft |
| 07/17/2024 07/17/24 | Pending | -- | -- | -- |
| 07/16/2024 07/16/24 | For Sale | $42,000 | +5.0% | $47 / Sq Ft |
| 07/15/2024 07/15/24 | Off Market | $40,000 | -- | -- |
| 06/24/2024 06/24/24 | For Sale | $49,000 | +122.7% | $55 / Sq Ft |
| 11/16/2021 11/16/21 | Sold | $22,000 | -8.3% | $24 / Sq Ft |
| 10/08/2021 10/08/21 | Pending | -- | -- | -- |
| 10/08/2021 10/08/21 | For Sale | $24,000 | -- | $26 / Sq Ft |
Source: RMLS Alliance
Tax History Compared to Growth
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 | $631 | $7,509 | $1,327 | $6,182 |
| 2023 | $606 | $6,859 | $1,212 | $5,647 |
| 2022 | $561 | $6,261 | $1,150 | $5,111 |
| 2021 | $542 | $6,027 | $1,107 | $4,920 |
| 2020 | $532 | $6,036 | $1,109 | $4,927 |
| 2019 | $522 | $6,015 | $1,105 | $4,910 |
| 2018 | $560 | $6,626 | $1,100 | $5,526 |
| 2017 | $548 | $6,541 | $1,086 | $5,455 |
| 2016 | $538 | $6,445 | $1,070 | $5,375 |
| 2015 | $532 | $6,368 | $1,057 | $5,311 |
| 2014 | $563 | $6,327 | $1,050 | $5,277 |
| 2013 | $550 | $6,791 | $1,050 | $5,741 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Jerry George
The Real Estate Group, Inc.
(217) 638-1360
3 in this area
857 Total Sales
-
T
Seller's Agent in 2021
Trina Dunbar
IN BETWEEN OFFICES
Map
Source: RMLS Alliance
MLS Number: CA1010463
APN: 22-02.0-132-007
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