NOT LISTED FOR SALE

2315 Cherry Hills Dr Springfield, IL 62704

Estimated Value: $186,152 - $257,000

5 Beds
3 Baths
2,240 Sq Ft
$97/Sq Ft Est. Value

Last Sold October 15, 2019

Last sale price $127,000 $57 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,626/month

12 Days on Market

About This Home

As of October 2019

This is a well maintained 2 unit duplex with 1 unit vacant perfect owner occupied investment. Duplexes in good condition main floor unit is ready for occupancy large yard and 3 car garage make this a desirable property. Located with in walking distance of many conveniences.

Last Agent to Sell the Property

Jim Skeeters

Keller Williams Capital License #475097981 Listed on: 08/01/2019

Keller Williams Capital

Last Buyer's Agent

Out of Area Out of Area

OUT OF AREA FIRM License #475085083

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,062

Lot Details

  • 9,757

Interior Spaces

  • 2-Story Property

Schools

  • Springfield District #186 High School

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,062

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: WANLESS CHERRY HILLS 5TH ADDN N 35' L 117 & 40' L 118
  • Lvt Date: 08/05/2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Sq Ft: 56.7
  • Total Sq Ft: 2240

Exterior Features

  • Road Access: Paved

Garage/Parking

  • Garage Parking: Detached
  • Number Parking Spaces: 3

Utilities

  • Heating Cooling: Other Mechanics
  • Water Sewer: Public Sewer, Public Water

Schools

  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 130x75
  • Subdivision: Cherry Hills
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 9000

Tax Info

  • Annual Taxes: 4062.38
  • Parcel Id Number Tax Id: 22050455013
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 9000
  • Total Number Central Air Units: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Oct 15, 2019
Sold by
Myers Properties Llc
Bought by
Jiang Shi
Seller's Agent
Jim Skeeters
Keller Williams Capital
Buyer's Agent
Out of Area Out of Area
OUT OF AREA FIRM
List Price
$133,000
Sold Price
$127,000
Premium/Discount to List
-$6,000
-4.51%
Current Estimated Value
$241,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,156
Avg. Annual Appreciation
8.84%
Original Mortgage
$95,000
Outstanding Balance
$83,054
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$133,484

Purchase Details

Closed on
Jan 3, 2000

Purchase Details

Closed on
May 4, 1997
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
Jiang Shi $127,000 Zelle Title
-- -- --
-- $102,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Shi $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2019 10/15/19 Sold $127,000 -4.5% $57 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $133,000 -- $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 $4,484 $53,386 $11,428 $41,958
2023 $4,311 $48,763 $10,438 $38,325
2022 $4,145 $46,256 $9,901 $36,355
2021 $4,008 $44,524 $9,530 $34,994
2020 $3,928 $44,591 $9,544 $35,047
2019 $4,192 $48,315 $9,510 $38,805
2018 $4,062 $48,080 $9,464 $38,616
2017 $3,978 $47,459 $9,342 $38,117
2016 $3,900 $46,767 $9,206 $37,561
2015 $3,862 $46,208 $9,096 $37,112
2014 $3,804 $45,909 $9,037 $36,872
2013 $3,720 $45,909 $9,037 $36,872
Source: Public Records

Agents Affiliated with this Home

  • Jim Skeeters

    Seller's Agent in 2019

    Jim Skeeters

    Keller Williams Capital

    (217) 971-6775

    521 Total Sales

    Jim Skeeters
    Section Image

  • O

    Buyer's Agent in 2019

    Out of Area Out of Area

    OUT OF AREA FIRM

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Map

Source: RMLS Alliance

MLS Number: RMACA1243

RMLS Alliance

APN: 22-05.0-455-013

Illinois Sangamon County Springfield 62704

2315 Cherry Hills Dr, Springfield, IL

Not Listed for Sale

MultiFamily

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