NOT LISTED FOR SALE

2031 E Buchanan St Unit 1 Springfield, IL 62703

Estimated Value: $90,000 - $134,000

2 Beds
1 Bath
859 Sq Ft
$131/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $50,000 $58 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $790/month

26 Days on Market

Highlights

  • Porch
  • Ceiling Fan
  • Garage
  • Bungalow

About This Home

As of June 2021

Lots of memories in this home. Current Owner lived there 65 yrs and raised 6 kids there. Some updating has been completed but, some is still needed. Newer Windows , newer Water Heater and lots of insulation has been added. Upper Bedroom has an area at the top of the stairs that would be great as an office. Nice home in a great area. Inspections are welcome but being sold "as is".

Last Agent to Sell the Property

Ken Lowery

IN BETWEEN OFFICES License #475122753 Listed on: 04/08/2021

Last Buyer's Agent

Ken Lowery

IN BETWEEN OFFICES License #475122753 Listed on: 04/08/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $456

Year Built

  • Built in 1950

Lot Details

  • 6,534

Parking

  • Garage

Home Design

  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • Ceiling Fan
  • Storage In Attic
  • Oven or Range

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$456

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Legal Description: L 222 SOUTHLAWN 2ND PLAT SE NW 14-15-5
  • Lvt Date: 04/08/2021
  • Year Built: 1950
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Refrigerator, Range/Oven, Washer
  • Interior Amenities: Attic Storage, Ceiling Fan
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 9.06x12.1, On Level: Main, Flooring: Hardwood
  • Basement Foundation: Block, Full, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 16.03x10.01, On Level: Upper, Flooring: Tile
  • Den: Dimensions: 9.02x9.07, On Level: Upper, Flooring: Vinyl
  • Kitchen: Dimensions: 9.08x11.04, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Eat-In Kitchen
  • Living Room: Dimensions: 16.04x11.05, On Level: Main, Flooring: Hardwood
  • Total Basement Sq Ft: 619
  • Price Per Sq Ft: 58.21
  • Finished Sq Ft: 859
  • Total Sq Ft: 859
  • Finished Main Level Sq Ft: 859

Exterior Features

  • Exterior: Aluminum Siding
  • Exterior Amenities: Porch
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, Paved
  • Garage Yn: Yes
  • Number Cars: 1

Utilities

  • Heating Cooling: Gas, Forced Air, Water Heater - Gas, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Sewer, Public Water

Lot Info

  • Estimated Lot Size: Irregular (60 x 127)
  • Lot Description: Level
  • Subdivision: Lakelawn
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 455.58
  • Parcel Id Number Tax Id: 22-14.0-179-010
  • Tax Exemptions: Homestead/Owner Occupied, Senior Homestead
  • Tax Year: 2018

MLS Schools

  • High School School District: Springfield Southeast

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 4, 2021
Sold by
Armstead Louise F
Bought by
Armstead Justin
Seller's Agent
Ken Lowery
IN BETWEEN OFFICES
Buyer's Agent
Ken Lowery
IN BETWEEN OFFICES
List Price
$64,900
Sold Price
$50,000
Premium/Discount to List
-$14,900
-22.96%
Current Estimated Value
$107,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,242
Avg. Annual Appreciation
19.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Armstead Justin $50,000 Zelle Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 Sold $50,000 -16.5% $58 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/16/2021 04/16/21 Price Changed $59,900 -7.7% $70 / Sq Ft
04/08/2021 04/08/21 For Sale $64,900 -- $76 / 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 $2,711 $35,370 $11,183 $24,187
2023 $2,668 $32,750 $10,355 $22,395
2022 $2,562 $30,992 $9,799 $21,193
2021 $491 $29,777 $9,415 $20,362
2020 $479 $29,453 $9,313 $20,140
2019 $470 $28,938 $9,150 $19,788
2018 $456 $28,814 $9,111 $19,703
2017 $452 $28,371 $8,971 $19,400
2016 $449 $27,638 $8,739 $18,899
2015 $451 $27,014 $8,542 $18,472
2014 $447 $26,789 $8,471 $18,318
2013 $436 $27,076 $8,562 $18,514
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Ken Lowery

    IN BETWEEN OFFICES

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Map

Source: RMLS Alliance

MLS Number: CA1006141

RMLS Alliance

APN: 22-14.0-179-010

Illinois Sangamon County Springfield 62703

2031 E Buchanan St Unit 1, Springfield, IL

Not Listed for Sale

Detached

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