NOT LISTED FOR SALE

Estimated Value: $234,000 - $332,000

6 Beds
2 Baths
2,392 Sq Ft
$117/Sq Ft Est. Value

Last Sold December 10, 2013

Last sale price $95,000 $40 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $1,847/month

410 Days on Market

About This Home

As of December 2013

Great investment property!! Many updates have been done. Ready for you to make good income! Current owner owns home next door which is also for sale. Would make for a great package deal. He is looking to retire and move south. 2 new heating systems. New circuit breaker boxes. Much of the plumbing is updated and home is vinyl sided. Nice fenced rear yard. Instant positive cash flow. Tenants own appliances. Near park. I have Lead Paint compliance letters for all units. Best deals in Springfield.

Last Listed By

Thomas Morrissette

LAER Realty Partners Listed on: 09/26/2012

LAER Realty Partners

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,615

Year Built

1916

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Gentle Slope
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1916

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park, Highway Access
  • Electric: Circuit Breakers, 100 Amps, Individually Metered, Varies per Unit
  • Energy: Insulated Windows
  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Hardwood
  • Basement: Full, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck, Gutters, Screens, Fenced Yard
  • Foundation: Concrete Block, Brick

Garage/Parking

  • Parking: Paved Driveway
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Lot Info

  • Assessor Parcel Number: S:05585 P:0046

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2012
Closed on
Dec 10, 2013
Sold by
Singleton Duval W
Bought by
Taqi Muhammad M
Seller's Agent
Thomas Morrissette
LAER Realty Partners
Buyer's Agent
Stephanie Lepsch
Berkshire Hathaway HomeServices Realty Professionals
List Price
$129,900
Sold Price
$95,000
Premium/Discount to List
-$34,900
-26.87%
Total Days on Market
410
Current Estimated Value
$278,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,822
Avg. Annual Appreciation
10.07%
Original Mortgage
$71,250
Outstanding Balance
$55,468
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$228,737

Purchase Details

Closed on
Oct 2, 1996
Sold by
Richard Jeremy
Bought by
Singleton Duval W

Purchase Details

Closed on
Apr 26, 1996
Sold by
Lawrence Wayne J
Bought by
Richard Jeremy

Purchase Details

Closed on
Oct 27, 1988
Sold by
Est Mary H Carroll
Bought by
Lawrence Wayne J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,600
Interest Rate
10.32%
Mortgage Type
Purchase Money Mortgage

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
Taqi Muhammad M $95,000 --
Taqi Muhammad M $95,000 --
Singleton Duval W $13,000 --
Richard Jeremy $2,500 --
Lawrence Wayne J $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taqi Muhammad M $71,250
Closed Taqi Muhammad M $71,250
Previous Owner Lawrence Wayne J $76,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2013 12/10/13 Sold $95,000 -26.9% $40 / Sq Ft
11/10/2013 11/10/13 Pending -- -- --
09/26/2012 09/26/12 For Sale $129,900 -- $54 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $3,615 $225,100 $30,000 $195,100
2023 $3,434 $201,400 $27,300 $174,100
2022 $3,405 $180,900 $25,500 $155,400
2021 $2,846 $150,600 $23,200 $127,400
2020 $2,701 $138,300 $23,200 $115,100
2019 $2,482 $126,100 $23,200 $102,900
2018 $2,190 $122,200 $23,200 $99,000
2017 $2,190 $111,400 $16,800 $94,600
2016 $1,986 $101,000 $16,800 $84,200
2015 $1,912 $97,200 $16,800 $80,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71440220

MLS Property Information Network (MLS PIN)

APN: SPRI-005585-000000-000046