$38,700
SOLD JUL 11, 2024

2338 N 2nd St Unit 1/2 Springfield, IL 62702

-- Bed
-- Bath
1,128 Sq Ft
5,445 Sq Ft Lot

Recently Sold

$34 Per Sq Ft

11% Below List Price

58 Days on Market

About This Home

As of July 2024

Looking for a small investment starter duplex...or more? This duplex is a one bedroom & one full bathroom on each side. ALL tenants would prefer to stay! Rent is $500/mo each side. In 2022..2338 1/2 received a New Air Conditioning window unit. In 2017...BOTH kitchens, living rooms & bedrooms received replacement windows. Duplex is selling AS-IS & owners would prefer to sell with 2336 N. 2nd - single home located in the back. 2338 & 2338 1/2 share one parcel #.

Last Agent to Sell the Property

Jerry George

The Real Estate Group, Inc. Brokerage Phone: 217-638-1360 License #475159363 Listed on: 04/15/2024

The Real Estate Group, Inc.

Last Buyer's Agent

Rick Wiese

Keller Williams Capital License #475206457

Keller Williams Capital

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,068

Lot Details

  • Lot Dimensions are 40 x 135.39
  • Level Lot

Home Design

  • 1,128 Sq Ft Home
  • Block Foundation
  • Shingle Roof

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Ridgely Elementary School
  • Washington Middle School
  • Lanphier High School

Utilities

  • Window Unit Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Trash Expense $192

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 14-15.0-352-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,068

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • New Construction: No
  • Structure Type: Duplex
  • PricePerSqFt: 34.31
  • Attribution Contact: Pref: 217-638-1360
  • Special Features: None

Interior Features

  • Basement: None

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Concrete
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: On Street
  • Total Parking Spaces: 2

Utilities

  • Heating: Gas, Gas Water Heater, Window Unit(s)
  • Laundry Features: Common Area
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 1
  • NumberOfHeatingUnits: 2
  • NumberOfCentralAirUnits: 0
  • NumberOfGasMeters: 1
  • NumberOfElectricMeters: 1
  • NumberofWaterMeters: 1
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 192
  • AdvertisingExpense: 0

Schools

  • Elementary School: Ridgely
  • High School: Lanphier High School
  • Middle Or Junior School: Washington

Lot Info

  • Lot Size: 40 x 135.39
  • Parcel #: 14-15.0-352-002

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 981.36
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12000
  • Annual Operating Expense: 1292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2024
Closed on
Jul 11, 2024
Sold by
Downey Kay and Downey George
Bought by
Hayes Darian D
Seller's Agent
Jerry George
The Real Estate Group, Inc.
Buyer's Agent
Rick Wiese
Keller Williams Capital
List Price
$43,500
Sold Price
$38,700
Premium/Discount to List
-$4,800
-11.03%
Total Days on Market
58
Views
103
Current Estimated Value
$42,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,280
Avg. Annual Appreciation
11.94%
Original Mortgage
$29,025
Outstanding Balance
$28,818
Interest Rate
7.3%
Mortgage Type
New Conventional
Estimated Equity
$14,162

Purchase Details

Closed on
Jan 18, 2021
Sold by
Richard Yeates
Bought by
Downey Kay and Downey George

Purchase Details

Closed on
Apr 28, 2011
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $39,000 None Listed On Document
Warranty Deed $40,000 Illinois Real Estate Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $29,025 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $38,700 -11.0% $34 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
04/15/2024 04/15/24 For Sale $43,500 -- $39 / 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 $1,068 $11,816 $1,310 $10,506
2023 $1,019 $10,705 $1,187 $9,518
2022 $981 $10,190 $1,130 $9,060
2021 $906 $9,344 $1,036 $8,308
2020 $881 $9,290 $1,030 $8,260
2019 $862 $9,255 $1,026 $8,229
2018 $854 $9,430 $1,045 $8,385
2017 $823 $9,143 $1,013 $8,130
2016 $775 $8,630 $956 $7,674
2015 $773 $8,591 $952 $7,639
2014 $790 $8,870 $983 $7,887
2013 $813 $9,368 $1,038 $8,330
Source: Public Records

Agents Affiliated with this Home

  • Jerry George

    Seller's Agent in 2024

    Jerry George

    The Real Estate Group, Inc.

    (217) 638-1360

    844 Total Sales

    Jerry George
    Section Image
  • Rick Wiese

    Buyer's Agent in 2024

    Rick Wiese

    Keller Williams Capital

    (217) 415-0111

    2 Total Sales

    Rick Wiese
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1028513

RMLS Alliance

APN: 14-15.0-352-002

Illinois Sangamon County Springfield 62702

2338 N 2nd St Unit 1/2, Springfield, IL

This home is located at 2338 N 2nd St Unit 1/2, Springfield, IL 62702 and is currently priced at $38,700, approximately $34 per square foot. 2338 N 2nd St Unit 1/2 is a home located in Sangamon County with nearby schools including Ridgely Elementary School, Washington Middle School, and Lanphier High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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