NOT LISTED FOR SALE

2301 Cherry Hills Dr Springfield, IL 62704

Estimated Value: $550,340

Studio
2 Baths
7,680 Sq Ft
$72/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $460,000 $60 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,771/month

About This Home

As of January 2023

8 unit apartment building in fantastic location just west of MacArthur Blvd.

Last Agent to Sell the Property

Kyle Killebrew

The Real Estate Group, Inc. License #475109198 Listed on: 12/14/2022

The Real Estate Group, Inc.

Last Buyer's Agent

Kyle Killebrew

The Real Estate Group, Inc. License #475109198 Listed on: 12/14/2022

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,271

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 147 x 88 x 163 x 104
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 7,680 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 8 Parking Spaces
  • Carport

Schools

  • Springfield District #186 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 22-05.0-455-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,271

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1965
  • New Construction: No
  • Structure Type: Apartment Building
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished

Exterior Features

  • Lot Features: Corner Lot
  • Road Surface Type: Paved
  • Construction Type: Brick
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 8

Utilities

  • Heating: Forced Air, Gas, Central
  • Laundry Features: Common Area, Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 8
  • NumberofRefrigerators: 8
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfDishwashers: 8
  • NumberOfWindowUnits: 0

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Springfield District #186

Lot Info

  • Zoning: R-3
  • Lot Size: 147 x 88 x 163 x 104
  • Parcel #: 22-05.0-455-009

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Variable

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8271
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2022
Closed on
Jan 31, 2023
Sold by
Retriever Group Llc
Bought by
Sangamo Ventures Group Llc
Seller's Agent
Kyle Killebrew
The Real Estate Group, Inc.
Buyer's Agent
Kyle Killebrew
The Real Estate Group, Inc.
List Price
$460,000
Sold Price
$460,000
Views
73
Current Estimated Value
$550,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,340
Avg. Annual Appreciation
6.16%
Original Mortgage
$367,500
Outstanding Balance
$191,923
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$358,417

Purchase Details

Closed on
Dec 8, 1999
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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Purchase History

Date Buyer Sale Price Title Company
Sangamo Ventures Group Llc $460,000 Berry Title
-- $233,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sangamo Ventures Group Llc $367,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2023 01/31/23 Sold $460,000 0.0% $60 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
12/14/2022 12/14/22 For Sale $460,000 -- $60 / 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 $10,953 $130,398 $14,464 $115,934
2023 $10,530 $119,107 $13,212 $105,895
2022 $8,555 $95,475 $12,533 $82,942
2021 $8,272 $91,900 $12,064 $79,836
2020 $8,107 $92,038 $12,082 $79,956
2019 $7,957 $91,717 $12,040 $79,677
2018 $8,589 $101,658 $11,960 $89,698
2017 $8,411 $100,343 $11,805 $88,538
2016 $8,246 $98,880 $11,633 $87,247
2015 $8,166 $97,698 $11,494 $86,204
2014 $8,044 $97,067 $11,420 $85,647
2013 $7,864 $97,067 $11,420 $85,647
Source: Public Records

Agents Affiliated with this Home

  • Kyle Killebrew

    Seller's Agent in 2023

    Kyle Killebrew

    The Real Estate Group, Inc.

    (217) 321-8210

    1,971 Total Sales

    Kyle Killebrew
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Map

Source: RMLS Alliance

MLS Number: CA1019631

RMLS Alliance

APN: 22-05.0-455-009

Illinois Sangamon County Springfield 62704

2301 Cherry Hills Dr, Springfield, IL

Not Listed for Sale

MultiFamily

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