NOT LISTED FOR SALE

2514 Milford Rd Springfield, IL 62704

Pasfield Park Place Neighborhood

Estimated Value: $220,000 - $275,000

-- Bed
-- Bath
3,312 Sq Ft
$79/Sq Ft Est. Value

Last Sold December 30, 2024

Last sale price $240,000 $72 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,914/month

9 Days on Market

Highlights

  • Corner Lot
  • 4 Car Detached Garage
  • Fenced
  • Owen Marsh Elementary School Rated 9+
  • Forced Air Heating System

About This Home

As of December 2024

Attention Investors! This spacious two-story side-by-side duplex sits on a large corner lot in popular Pasfield Park Place neighborhood. Unit 1 (2512) features 4 bedrooms, and 2.5 baths. New furnace/AC installed in 2017. Unit 2 (2514) features 3 bedrooms and 2.5 baths. Both sides have finished basements with a 2nd family room, cozy fireplace & bonus room. Tenants share the detached 2 car garage. Fenced backyard spaces on each side. Owner pays water & trash service. Tenants pay electric & gas. New sewer line with drain clean out installed in 2023, fresh siding on garage in 2023, parking area paved in 2021, roof in 2014. Enjoy a prime location close to shopping, dining, parks and all West side amenities. Schedule a showing today!

Last Agent to Sell the Property

Crystal Germeraad

RE/MAX Professionals Brokerage Phone: 217-685-9575 License #475161193 Listed on: 10/08/2024

RE/MAX Professionals

Last Buyer's Agent

Kyle Killebrew

The Real Estate Group, Inc. License #475109198

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,357

Year Built

  • Built in 1970

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,312 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Detached Garage
  • Common or Shared Parking
  • On-Street Parking

Lot Details

  • Lot Dimensions are 130 x 90
  • Fenced
  • Corner Lot
  • Level Lot

Schools

  • Marsh Elementary School
  • Grant/Lincoln Middle School
  • Springfield High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Pasfield Park Place Subdivision
  • Trash Expense $30

Listing and Financial Details

  • Tenant pays for gas & electric
  • Assessor Parcel Number 14-31.0-454-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,357

Year Built

Built in 1970

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1970
  • New Construction: No
  • Structure Type: Two or More Story, Duplex
  • Attribution Contact: Pref: 217-685-9575
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Corner Lot, Level
  • Road Surface Type: Curbs & Gutters, Paved
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Fence
  • Foundation Details: Concrete
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Detached, On Street, Shared Garage/Stall
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air, Gas, Central Air, Gas Water Heater
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2

Condo/Co-op/Association

  • Senior Community: No
  • LawnSnowRemoval: 0

Fee Information

  • Trash Expense: 30
  • AdvertisingExpense: 0

Schools

  • Elementary School: Marsh
  • High School: Springfield
  • Middle Or Junior School: Grant/Lincoln

Lot Info

  • Lot Size: 130 x 90
  • Parcel #: 14-31.0-454-011

Rental Info

  • Tenant Pays: Gas & Electric
  • Lease Term: Variable

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6356.66
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2024
Closed on
Dec 27, 2024
Sold by
Fornoff Chad D and Fornoff Jane E
Bought by
Lare Marcel D
Seller's Agent
Crystal Germeraad
RE/MAX Professionals
Buyer's Agent
Kyle Killebrew
The Real Estate Group, Inc.
List Price
$240,000
Sold Price
$240,000
Views
24
Current Estimated Value
$261,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,968
Avg. Annual Appreciation
6.90%
Original Mortgage
$231,990
Outstanding Balance
$230,360
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$29,995

Purchase Details

Closed on
May 30, 2014

Purchase Details

Closed on
Nov 16, 2005

Purchase Details

Closed on
Nov 28, 1995

Purchase Details

Closed on
Nov 21, 1995
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lare Marcel D $240,000 None Listed On Document
Lare Marcel D $240,000 None Listed On Document
-- $185,000 --
-- -- --
-- $185,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lare Marcel D $231,990
Closed Lare Marcel D $231,990
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2024 12/30/24 Sold $240,000 0.0% $72 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
10/08/2024 10/08/24 For Sale $240,000 -- $72 / 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 $6,612 $78,715 $10,524 $68,191
2023 $6,357 $71,899 $9,613 $62,286
2022 $6,112 $68,203 $9,119 $59,084
2021 $5,909 $65,650 $8,778 $56,872
2020 $5,792 $65,748 $8,791 $56,957
2019 $5,684 $65,518 $8,760 $56,758
2018 $5,212 $61,684 $8,717 $52,967
2017 $5,104 $60,886 $8,604 $52,282
2016 $5,004 $59,999 $8,479 $51,520
2015 $4,955 $59,282 $8,378 $50,904
2014 $4,881 $58,899 $8,324 $50,575
2013 $4,772 $58,899 $8,324 $50,575
Source: Public Records

Agents Affiliated with this Home

  • Crystal Germeraad

    Seller's Agent in 2024

    Crystal Germeraad

    RE/MAX Professionals

    (217) 685-9575

    13 in this area

    285 Total Sales

    Crystal Germeraad
    Section Image
  • Kyle Killebrew

    Buyer's Agent in 2024

    Kyle Killebrew

    The Real Estate Group, Inc.

    (217) 321-8210

    76 in this area

    1,977 Total Sales

    Kyle Killebrew
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1032403

RMLS Alliance

APN: 14-31.0-454-011

Illinois Sangamon County Springfield 62704 Pasfield Park Place

2514 Milford Rd, Springfield, IL

Not Listed for Sale

MultiFamily

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 Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Based on information submitted to the MLS GRID

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