NOT LISTED FOR SALE

2501 W Monroe St Springfield, IL 62704

Pasfield Park Place Neighborhood

Estimated Value: $327,097

-- Bed
-- Bath
3,108 Sq Ft
$105/Sq Ft Est. Value

Last Sold December 18, 2024

Last sale price $295,000 $95 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,316/month

Highlights

  • 8 Car Detached Garage
  • Forced Air Heating System
  • Level Lot
  • Springfield High School Rated A-

About This Home

As of December 2024

Hard to find newer 4 plex less than 5 years old. Tenants will love heading home to this quiet and easy access apartment building. Starting with maintenance free composite siding and decking, nice paved carport covered parking and uncovered parking. All electric units including all appliances complete with full size washer and dryer laundry room in each unit. Tenants pay electric and cable/internet. Owner pays water, snow, grass, pest and garbage. Luxury vinyl throughout. Don’t miss this one.

Last Agent to Sell the Property

Melissa Vorreyer

RE/MAX Professionals Brokerage Phone: 217-652-0875 License #475100751 Listed on: 10/28/2024

RE/MAX Professionals

Last Buyer's Agent

Melissa Vorreyer

RE/MAX Professionals Brokerage Phone: 217-652-0875 License #475100751 Listed on: 10/28/2024

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,874

Year Built

  • Built in 2019

Lot Details

  • Lot Dimensions are 178.55 x 70
  • Level Lot

Home Design

  • Concrete Foundation
  • Shingle Roof

Interior Spaces

  • 3,108 Sq Ft Home
  • Crawl Space

Parking

  • 8 Car Detached Garage
  • Carport

Schools

  • Springfield District #186 High School

Utilities

  • Forced Air Heating System

Community Details

  • Trash Expense $600

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 14310326007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,874

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 2019
  • New Construction: No
  • Structure Type: Quadruplex
  • Attribution Contact: Mobl: 217-652-0875
  • Special Features: None

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Composition
  • Foundation Details: Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Carport, Detached
  • Total Parking Spaces: 8

Utilities

  • Heating: Electric, Forced Air, Central Air
  • Laundry Features: Owned Equipment, Private, Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 4
  • NumberofRefrigerators: 4
  • NumberOfWashers: 4
  • NumberOfDryers: 4
  • NumberOfDishwashers: 4
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 700

Fee Information

  • Trash Expense: 600
  • AdvertisingExpense: 0

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 178.55 x 70
  • Parcel #: 14310326007

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: One Year or Less

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6873.88
  • TaxExemptions: None

Multi Family

  • Resident Manager Expense: 500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Dec 17, 2024
Sold by
Clocktower Place Llc
Bought by
Ljt Family Llc
Seller's Agent
Melissa Vorreyer
RE/MAX Professionals
Buyer's Agent
Melissa Vorreyer
RE/MAX Professionals
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%
Views
3
Current Estimated Value
$327,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,097
Avg. Annual Appreciation
11.24%
Original Mortgage
$175,000
Outstanding Balance
$173,624
Interest Rate
6.79%
Mortgage Type
Balloon
Estimated Equity
$153,473

Purchase Details

Closed on
Dec 18, 2019
Sold by
Antonacci James V and Antonacci Judith A
Bought by
Clocktower Place Llc

Purchase Details

Closed on
Mar 20, 1997
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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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
Ljt Family Llc $295,000 Illinois Real Estate Title
Clocktower Place Llc -- Denes Jane N
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ljt Family Llc $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2024 12/18/24 Sold $295,000 -1.7% $95 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $300,000 -- $97 / 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 $7,150 $85,119 $28,540 $56,579
2023 $6,874 $77,749 $26,069 $51,680
2022 $6,609 $73,752 $24,729 $49,023
2021 $6,390 $70,990 $23,803 $47,187
2020 $6,263 $71,097 $23,839 $47,258
2019 $4,837 $55,754 $23,756 $31,998
2018 $5,040 $59,651 $23,627 $36,024
2017 $4,936 $58,879 $23,321 $35,558
2016 $4,839 $58,020 $22,981 $35,039
2015 $4,792 $57,326 $22,706 $34,620
2014 $4,720 $56,955 $22,559 $34,396
2013 $4,615 $56,955 $22,559 $34,396
Source: Public Records

Agents Affiliated with this Home

  • Melissa Vorreyer

    Seller's Agent in 2024

    Melissa Vorreyer

    RE/MAX Professionals

    (217) 787-7215

    25 in this area

    724 Total Sales

    Melissa Vorreyer
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Map

Source: RMLS Alliance

MLS Number: CA1032755

RMLS Alliance

APN: 14-31.0-326-007

Illinois Sangamon County Springfield 62704 Pasfield Park Place

2501 W Monroe St, Springfield, IL

Not Listed for Sale

MultiFamily

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