NOT LISTED FOR SALE

2324 Cherry Hills Dr Springfield, IL 62704

Estimated Value: $203,361 - $252,000

8 Beds
4 Baths
3,600 Sq Ft
$63/Sq Ft Est. Value

Last Sold August 13, 2020

Last sale price $152,500 $42 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,614/month

About This Home

As of August 2020

This home is located at 2324 Cherry Hills Dr, Springfield, IL 62704 since 15 June 2020 and is currently estimated at $226,590, approximately $62 per square foot. This property was built in 1964. 2324 Cherry Hills Dr is a home located in Sangamon County with nearby schools including Butler Elementary School, Benjamin Franklin Middle School, and Springfield Southeast High School.

Last Agent to Sell the Property

Michael Castleman

RE/MAX Professionals License #475165043 Listed on: 06/15/2020

RE/MAX Professionals

Last Buyer's Agent

Michael Castleman

RE/MAX Professionals License #475165043 Listed on: 06/15/2020

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,356

Year Built

  • Built in 1964

Lot Details

  • 10,759

Home Design

  • Concrete Foundation

Schools

  • Benjamin Franklin Elementary School
  • Springfield District #186 High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,356

Year Built

Built in 1964

Lot Details

10,759 Sq Ft Lot

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: see tax records
  • Lvt Date: 06/16/2020
  • Year Built: 1964
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number Dish Washers: 3
  • Number Dryers: 2
  • Number of Ranges: 4
  • Number Refrigerators: 4
  • Number Washers: 2
  • Basement: Concrete
  • Price Per Sq Ft: 42.36
  • Total Sq Ft: 3600

Exterior Features

  • Exterior: Brick
  • Road Access: Paved

Garage/Parking

  • Garage Parking: Carport
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Electric, Radiant, Wall Units
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 360
  • Laundry Facilities: Common, Owned Equipment
  • Number Window Units: 6

Schools

  • Elementary School: Benjamin Franklin
  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 80 x 135
  • Lot Description: Level
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Tenant Pays: Electric Only
  • Gross Annual Rent Income: 26400
  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 4356.4
  • Parcel Id Number Tax Id: 2205047705
  • Tax Year: 2019

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 52800
  • Total Number Central Air Units: 4
  • Total Number Electric Meters: 5
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 4
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 13, 2020
Sold by
Cable Frederick P
Bought by
Grover Lyle D
Seller's Agent
Michael Castleman
RE/MAX Professionals
Buyer's Agent
Michael Castleman
RE/MAX Professionals
List Price
$152,500
Sold Price
$152,500
Current Estimated Value
$226,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,090
Avg. Annual Appreciation
7.34%
Original Mortgage
$122,000
Outstanding Balance
$108,485
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$118,105

Purchase Details

Closed on
Apr 3, 1998

Purchase Details

Closed on
Sep 30, 1994
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Grover Lyle D $152,500 Illinois Real Estate Title
-- -- --
-- $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grover Lyle D $122,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2020 08/13/20 Sold $152,500 0.0% $42 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $152,500 -- $42 / Sq Ft
Source: RMLS Alliance

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 $5,067 $60,329 $11,083 $49,246
2023 $4,872 $55,105 $10,123 $44,982
2022 $4,684 $52,272 $9,603 $42,669
2021 $4,529 $50,314 $9,243 $41,071
2020 $4,439 $50,390 $9,257 $41,133
2019 $4,356 $50,215 $9,225 $40,990
2018 $4,673 $55,308 $9,163 $46,145
2017 $4,576 $54,593 $9,045 $45,548
2016 $4,486 $53,797 $8,913 $44,884
2015 $4,443 $53,153 $8,806 $44,347
2014 $4,376 $52,810 $8,749 $44,061
2013 $4,279 $52,810 $8,749 $44,061
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1000503

RMLS Alliance

APN: 22-05.0-477-005

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