J
Seller's Agent in 2024
Janaya Ochoa
Keller Williams Capital
3 in this area
13 Total Sales
2112 S 5th St Springfield, IL 62703
Iles Park NeighborhoodEstimated Value: $147,000 - $179,000
4
Beds
2.5
Baths
2,000
Sq Ft
$81/Sq Ft
Est. Value
Highlights
- 1 Fireplace
- Formal Dining Room
- Bungalow
About This Home
As of December 2024Prime Investment Portfolio: 5 Single-Family Homes with Strong Cash Flow and Recent Upgrades! Attention investors! This is your chance to acquire 5 single-family homes, with 3 currently occupied by long-term tenants, generating immediate income. Property Details: 1507 Pennsylvania Ave – Rented for $1,100/month, featuring new roof (2022), windows, hot water heater, and furnace. 911 N 12th St – Rented for $650/month. 925 S 14th St – Rented for $700/month. 2115 S 5th St – Recent updates include new roof (2024), hot water heater, and furnace. 1530 Melrose Ave – New roof (2023), hot water heater, and furnace. Three properties are already generating $2,450/month in rental income with stable, long-term tenants, offering an immediate return on your investment. The additional properties are primed for leasing or improvements, allowing you to maximize your investment potential. With recent capital improvements, including new roofs, hot water heaters, and furnaces across multiple properties, future maintenance costs are minimized, making this an even more attractive opportunity. Located in sought-after rental areas, this portfolio is ideal for both seasoned investors and those looking to expand their holdings. Don’t miss this chance to acquire a well-maintained portfolio with built-in cash flow and excellent upside potential! All properties being sold- as- is. Inspections are welcome.
Last Agent to Sell the Property
Keller Williams Capital Brokerage Phone: 309-422-6314 License #475198548 Listed on: 10/11/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,021
Year Built
- Built in 1945
Lot Details
- 6,142
Home Design
- Bungalow
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,000 Sq Ft Home
- 1 Fireplace
- Formal Dining Room
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- Paved Parking
- On-Street Parking
Schools
- Springfield District #186 High School
Additional Features
- Lot Dimensions are 40x158
- Heating System Uses Gas
Community Details
- Harvard Park Subdivision
Listing and Financial Details
- Assessor Parcel Number 22-03.0-306-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2024
Closed on
Nov 25, 2024
Sold by
Vanpelt Patricia N
Bought by
Vmg Rental Properties Llc
Seller's Agent
Janaya Ochoa
Keller Williams Capital
Buyer's Agent
JAMI WINCHESTER
The Real Estate Group, Inc.
List Price
$182,000
Sold Price
$152,000
Premium/Discount to List
-$30,000
-16.48%
Views
26
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
$10,516
Avg. Annual Appreciation
8.95%
Original Mortgage
$149,882
Outstanding Balance
$130,394
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$32,122
Purchase Details
Closed on
Sep 11, 2017
Sold by
Diamond Vii Cut Llc
Bought by
Vanpelt Patricia N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 28, 2006
Purchase Details
Closed on
Jan 31, 2000
Purchase Details
Closed on
Jan 11, 2000
Purchase Details
Closed on
Oct 26, 1999
Purchase Details
Closed on
May 17, 1999
Purchase Details
Closed on
Dec 2, 1997
Purchase Details
Closed on
Jul 8, 1997
Purchase Details
Closed on
Dec 23, 1996
Purchase Details
Closed on
Jul 11, 1996
Purchase Details
Closed on
Jun 18, 1996
Purchase Details
Closed on
Oct 25, 1995
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vmg Rental Properties Llc | $128,000 | None Listed On Document | |
| Vmg Rental Properties Llc | $128,000 | None Listed On Document | |
| Vanpelt Patricia N | -- | -- | |
| -- | -- | -- | |
| -- | -- | -- | |
| -- | $37,500 | -- | |
| -- | -- | -- | |
| -- | -- | -- | |
| -- | -- | -- | |
| -- | $75,000 | -- | |
| -- | $40,000 | -- | |
| -- | $40,600 | -- | |
| -- | $40,600 | -- | |
| -- | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vmg Rental Properties Llc | $149,882 | |
| Closed | Vmg Rental Properties Llc | $149,882 | |
| Previous Owner | Vanpelt Patricia N | $68,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/05/2024 12/05/24 | Sold | $152,000 | -16.5% | $76 / Sq Ft |
| 10/18/2024 10/18/24 | For Sale | $182,000 | +593.3% | $91 / Sq Ft |
| 09/15/2016 09/15/16 | Sold | $26,250 | -12.2% | $13 / Sq Ft |
| 09/02/2016 09/02/16 | Pending | -- | -- | -- |
| 08/26/2016 08/26/16 | For Sale | $29,900 | -- | $15 / 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 | $2,103 | $25,035 | $4,366 | $20,669 |
| 2023 | $2,022 | $22,867 | $3,988 | $18,879 |
| 2022 | $1,944 | $21,691 | $3,783 | $17,908 |
| 2021 | $1,879 | $20,878 | $3,641 | $17,237 |
| 2020 | $1,842 | $20,909 | $3,646 | $17,263 |
| 2019 | $1,808 | $20,836 | $3,633 | $17,203 |
| 2018 | $1,942 | $22,982 | $3,615 | $19,367 |
| 2017 | $1,902 | $22,685 | $3,568 | $19,117 |
| 2016 | $2,638 | $31,637 | $3,516 | $28,121 |
| 2015 | $2,613 | $31,259 | $3,474 | $27,785 |
| 2014 | $2,638 | $31,058 | $3,452 | $27,606 |
| 2013 | $2,579 | $31,837 | $3,453 | $28,384 |
Source: Public Records
Agents Affiliated with this Home
-
Janaya Ochoa
-
JAMI WINCHESTER
Buyer's Agent in 2024
JAMI WINCHESTER
The Real Estate Group, Inc.
(217) 306-1000
12 in this area
1,408 Total Sales
-
MICHAEL FINLEY
M
Seller's Agent in 2016
MICHAEL FINLEY
The Real Estate Group, Inc.
(217) 622-5669
1 in this area
35 Total Sales
-
Celinda Doolin
C
Buyer's Agent in 2016
Celinda Doolin
Keller Williams Capital
(217) 306-5904
1 in this area
41 Total Sales
Map
Source: RMLS Alliance
MLS Number: CA1032472
APN: 22-03.0-306-004
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