NOT LISTED FOR SALE

2427 Lynnhaven Dr Springfield, IL 62704

Pasfield Park Place Neighborhood

Estimated Value: $190,440 - $207,000

4 Beds
2 Baths
1,885 Sq Ft
$107/Sq Ft Est. Value

Last Sold March 05, 2020

Last sale price $130,000 $69 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,413/month

82 Days on Market

Highlights

  • Storage
  • Owen Marsh Elementary School Rated 9+
  • 1-Story Property

About This Home

As of March 2020

Live in one side & let your lessee pay your mortgage! Perfect set up for owner occupied & rent the other side! All appliances stay! All brick exterior! Soffits are aluminum wrapped giving maintenance free exterior! The roof is approximately 5 yrs new! The furnaces & central air units are about 7-8 yrs old & have been serviced twice a year since installation! Each side has a basement area. One half of each basement has carpet. There is an additional refrigerator in one basement. Each side also has a private patio area. The enclosed porch offers additional security & covering from the weather! 2427 side has a chair lift to the basement.

Last Agent to Sell the Property

Mary Jo Welch

RE/MAX Professionals License #475124977 Listed on: 11/11/2019

RE/MAX Professionals

Last Buyer's Agent

KATHY GARST

The Real Estate Group, Inc. License #475121251

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,602

Year Built

  • Built in 1968

Lot Details

  • 10,019

Home Design

  • Concrete Foundation

Interior Spaces

  • 1-Story Property
  • Storage
  • Partial Basement

Parking

  • Garage
  • Garage Door Opener

Schools

  • Springfield District #186 High School

Listing and Financial Details

  • Tenant pays for all utilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,602

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 1 Story
  • Legal Description: Tenth Pasfield Park Place Sub L 225
  • Lvt Date: 11/11/2019
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Additional Storage, Garage Door Opener(s)
  • Number Dryers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Number Washers: 2
  • Basement: Partial, Concrete
  • Price Per Sq Ft: 68.97
  • Total Sq Ft: 1885

Exterior Features

  • Exterior: Brick
  • Road Access: Paved

Garage/Parking

  • Garage Parking: Assigned, Shared Garage
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Owned Equipment

Schools

  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 77 x 130
  • Estimated Number of Acres: 0.23
  • Lot Description: Level
  • Subdivision: Pasfield Park Place
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Annual Taxes: 2602
  • Parcel Id Number Tax Id: 14-31-0-403-002
  • Tax Exemptions: Homestead/Owner Occupied, Senior Freeze, Senior Homestead
  • Tax Year: 2018

Multi Family

  • Total Number Units: 2
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
Mar 5, 2020
Sold by
Geraldine M Myers December 1994 Trust
Bought by
Mlac4 Properties Llc
Seller's Agent
Mary Jo Welch
RE/MAX Professionals
Buyer's Agent
KATHY GARST
The Real Estate Group, Inc.
List Price
$142,500
Sold Price
$130,000
Premium/Discount to List
-$12,500
-8.77%
Current Estimated Value
$202,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,360
Avg. Annual Appreciation
7.79%
Original Mortgage
$104,000
Outstanding Balance
$92,281
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$110,079

Purchase Details

Closed on
Dec 14, 1994
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mlac4 Properties Llc $130,000 Fernandes David A
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mlac4 Properties Llc $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/05/2020 03/05/20 Sold $130,000 -7.1% $69 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
01/27/2020 01/27/20 Price Changed $140,000 -1.8% $74 / Sq Ft
01/13/2020 01/13/20 For Sale $142,500 0.0% $76 / Sq Ft
12/11/2019 12/11/19 Pending -- -- --
12/04/2019 12/04/19 Price Changed $142,500 -4.9% $76 / Sq Ft
11/11/2019 11/11/19 For Sale $149,900 -- $80 / 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 $4,347 $51,750 $10,524 $41,226
2023 $4,179 $47,269 $9,613 $37,656
2022 $4,018 $44,839 $9,119 $35,720
2021 $3,885 $43,161 $8,778 $34,383
2020 $3,808 $43,226 $8,791 $34,435
2019 $2,672 $52,777 $8,760 $44,017
2018 $2,602 $52,519 $8,717 $43,802
2017 $2,582 $51,840 $8,604 $43,236
2016 $2,537 $51,084 $8,479 $42,605
2015 $2,517 $50,474 $8,378 $42,096
2014 $2,482 $50,148 $8,324 $41,824
2013 $2,427 $50,148 $8,324 $41,824
Source: Public Records

Agents Affiliated with this Home

  • Mary Jo Welch

    Seller's Agent in 2020

    Mary Jo Welch

    RE/MAX Professionals

    (217) 787-7215

    5 in this area

    220 Total Sales

    Mary Jo Welch
    Section Image
  • KATHY GARST

    Buyer's Agent in 2020

    KATHY GARST

    The Real Estate Group, Inc.

    (217) 306-6063

    15 in this area

    768 Total Sales

    KATHY GARST
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA996503

RMLS Alliance

APN: 14-31.0-403-002

Illinois Sangamon County Springfield 62704 Pasfield Park Place

2427 Lynnhaven Dr, Springfield, IL

Not Listed for Sale

MultiFamily

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