NOT LISTED FOR SALE

2405 E Monroe St Springfield, IL 62703

Estimated Value: $47,000 - $381,000

2 Beds
1 Bath
792 Sq Ft
$170/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $22,000 $28 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $350/month

1 Day on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Level Lot
  • No HOA
  • Eat-In Kitchen

About This Home

As of November 2020

Income property, currently rented for $650/month. Located directly across the street from Jaycee Park/Playground.

Last Agent to Sell the Property

Crystal Germeraad

RE/MAX Professionals License #475161193 Listed on: 10/22/2020

RE/MAX Professionals

Last Buyer's Agent

Dustin Walker

IN BETWEEN OFFICES License #471021632

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • Built in 1949

Lot Details

  • Lot Dimensions are 57 x 80
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • 792 Sq Ft Home
  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Springfield District #186 High School

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14350233013

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1949
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 792
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Heating: Natural Gas, Gas Water Heater
  • Water Source: Public, Public Sewer

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 57 x 80
  • Parcel #: 14350233013

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 499.98
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
Daniel Nika
Bought by
Acm Property Group Llc Series 1
Current Estimated Value
$57,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,600
Outstanding Balance
$218,773
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
-$83,829

Purchase Details

Listed on
Oct 22, 2020
Closed on
Nov 20, 2020
Sold by
Tdl Properties One Llc
Bought by
Nika Daniel
Seller's Agent
Crystal Germeraad
RE/MAX Professionals
Buyer's Agent
Dustin Walker
IN BETWEEN OFFICES
List Price
$20,000
Sold Price
$22,000
Premium/Discount to List
$2,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.32%
Original Mortgage
$17,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 22, 2020
Closed on
Nov 16, 2020
Sold by
Tdl Properties One Llc
Bought by
Nika Daniel
Seller's Agent
Crystal Germeraad
RE/MAX Professionals
Buyer's Agent
Dustin Walker
IN BETWEEN OFFICES
List Price
$20,000
Sold Price
$22,000
Premium/Discount to List
$2,000
10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2020
Sold by
Terrence Lawson
Bought by
Tdl Properties One Llc

Purchase Details

Closed on
May 17, 2018
Sold by
Yvonne Persley
Bought by
Power House Properties Trust

Purchase Details

Closed on
Feb 16, 2018
Sold by
Lawson Properties Enterprises
Bought by
Persley Yvonne

Purchase Details

Closed on
Aug 11, 2017
Sold by
Joseph Davis
Bought by
Lawson Property Enterprises In

Purchase Details

Closed on
Aug 16, 2005

Purchase Details

Closed on
May 12, 1995

Purchase Details

Closed on
Feb 6, 1995
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
Acm Property Group Llc Series 1 $307,000 Prairie Land Title
Nika Daniel $22,000 Prairie Land Title
Nika Daniel $22,000 Prairie Land Title
Nika Daniel $22,000 Prairie Land Title
Tdl Properties One Llc -- Tdl Properties One Llc
Power House Properties Trust -- --
Persley Yvonne -- --
Lawson Property Enterprises In -- --
-- $22,500 --
-- $22,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acm Property Group Llc Series 1 $245,600
Previous Owner Nika Daniel $17,600
Previous Owner Nika Daniel $17,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $22,000 +10.0% $28 / Sq Ft
10/23/2020 10/23/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $20,000 -- $25 / 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 $582 $6,923 $1,689 $5,234
2023 $559 $6,324 $1,543 $4,781
2022 $538 $5,999 $1,464 $4,535
2021 $520 $5,774 $1,409 $4,365
2020 $509 $5,783 $1,411 $4,372
2019 $500 $5,763 $1,406 $4,357
2018 $533 $6,303 $1,399 $4,904
2017 $522 $6,222 $1,381 $4,841
2016 $511 $6,131 $1,361 $4,770
2015 $506 $6,058 $1,345 $4,713
2014 $529 $6,019 $1,336 $4,683
2013 $518 $6,388 $1,336 $5,052
Source: Public Records

Agents Affiliated with this Home

  • Crystal Germeraad

    Seller's Agent in 2020

    Crystal Germeraad

    RE/MAX Professionals

    (217) 685-9575

    292 Total Sales

    Crystal Germeraad
    Section Image

  • D

    Buyer's Agent in 2020

    Dustin Walker

    IN BETWEEN OFFICES

    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1003312

RMLS Alliance

APN: 14-35.0-233-013

Illinois Sangamon County Springfield 62703

2405 E Monroe St, Springfield, IL

Not Listed for Sale

Detached

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