NOT LISTED FOR SALE

2040 E Adams St Springfield, IL 62703

Estimated Value: $49,000 - $66,903

2 Beds
1 Bath
767 Sq Ft
$78/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $45,000 $59 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $398/month

2 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Level Lot
  • Porch
  • Forced Air Heating System

About This Home

As of June 2024

Investors check out this cute 2 bed 1 bath property that has been nicely updated. Kitchen features nice cabinets, counters, stylish tile flooring, fridge and stove! Updated furnace, water heater and a/c. The full bathroom has been updated with tile surround shower/bath, tile flooring and vanity. Laundry room with washer and dryer! Large backyard and quiet street. Section 8 approved.

Last Agent to Sell the Property

Melissa Vorreyer

RE/MAX Professionals Brokerage Phone: 217-652-0875 License #475100751 Listed on: 05/14/2024

RE/MAX Professionals

Last Buyer's Agent

Barbara Endzelis

RE/MAX Professionals License #475136201

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $674

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 40 x 157.63
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • 767 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Steel Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

  • Springfield District #186 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14350130011

Home Details

Home Type

Single Family

Est. Annual Taxes

$674

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Architectural Style: Ranch
  • New Construction: No
  • Attribution Contact: Mobl: 217-652-0875
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Cable Available
  • Living Area: 767
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Construction Type: Frame, Steel Siding
  • Exterior Features: Porch
  • Foundation Details: Slab
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Gravel

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 40 x 157.63
  • Parcel #: 14350130011

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 674.32
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jun 21, 2024
Sold by
Brown John and Brown Felicia Hudson
Bought by
Osuagwu Chisom
Seller's Agent
Melissa Vorreyer
RE/MAX Professionals
Buyer's Agent
Barbara Endzelis
RE/MAX Professionals
List Price
$45,000
Sold Price
$45,000
Views
9
Current Estimated Value
$59,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,476
Avg. Annual Appreciation
20.29%
Original Mortgage
$36,000
Outstanding Balance
$35,547
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$23,929

Purchase Details

Closed on
Aug 27, 2021
Sold by
Betty Jane Cohn Gregory Revocable Living
Bought by
Brown John and Brown Felicia Hudson

Purchase Details

Closed on
Jul 17, 2003

Purchase Details

Closed on
Jun 7, 2002

Purchase Details

Closed on
Jul 21, 1999

Purchase Details

Closed on
Mar 10, 1998

Purchase Details

Closed on
Oct 4, 1996

Purchase Details

Closed on
Sep 4, 1996

Purchase Details

Closed on
Sep 5, 1995
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Osuagwu Chisom $45,000 Title Center
Brown John $17,500 Prairie Land Title
-- -- --
-- -- --
-- $32,500 --
-- -- --
-- -- --
-- -- --
-- $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osuagwu Chisom $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $45,000 0.0% $59 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $45,000 0.0% $59 / Sq Ft
05/14/2024 05/14/24 For Sale $45,000 -- $59 / 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 $1,026 $12,209 $1,679 $10,530
2023 $674 $7,627 $1,534 $6,093
2022 $648 $7,235 $1,455 $5,780
2021 $679 $7,549 $1,401 $6,148
2020 $666 $7,560 $1,403 $6,157
2019 $654 $7,534 $1,398 $6,136
2018 $701 $8,298 $1,391 $6,907
2017 $687 $8,191 $1,373 $6,818
2016 $673 $8,072 $1,353 $6,719
2015 $667 $7,976 $1,337 $6,639
2014 $700 $7,924 $1,328 $6,596
2013 $684 $8,444 $1,328 $7,116
Source: Public Records

Agents Affiliated with this Home

  • Melissa Vorreyer

    Seller's Agent in 2024

    Melissa Vorreyer

    RE/MAX Professionals

    (217) 787-7215

    723 Total Sales

    Melissa Vorreyer
    Section Image
  • Barbara Endzelis

    Buyer's Agent in 2024

    Barbara Endzelis

    RE/MAX Professionals

    (217) 971-7215

    234 Total Sales

    Barbara Endzelis
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1029157

RMLS Alliance

APN: 14-35.0-130-011

Illinois Sangamon County Springfield 62703

2040 E Adams St, Springfield, IL

Not Listed for Sale

Detached

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