NOT LISTED FOR SALE

2540 Somerton Rd Springfield, IL 62702

Estimated Value: $134,000 - $147,000

3 Beds
1.5 Baths
994 Sq Ft
$141/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $117,000 $118 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,016/month

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Shed
  • No HOA
  • Eat-In Kitchen
  • Central Heating

About This Home

As of September 2023

Totally updated & move in ready ranch in Northgate subdivision with 3 beds, 1.5 baths & a great backyard.

Last Agent to Sell the Property

Kyle Killebrew

The Real Estate Group, Inc. Brokerage Phone: 217-741-4040 License #475109198 Listed on: 08/13/2023

The Real Estate Group, Inc.

Last Buyer's Agent

Kyle Killebrew

The Real Estate Group, Inc. Brokerage Phone: 217-741-4040 License #475109198 Listed on: 08/13/2023

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,608

Year Built

  • Built in 1972

Lot Details

  • 7,797

Parking

  • 2 Car Attached Garage

Home Design

  • 994 Sq Ft Home
  • Ranch Style House
  • Concrete Foundation
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Springfield District #186 High School

Utilities

  • Central Heating
  • Heating System Uses Gas

Additional Features

  • Shed
  • Lot Dimensions are 60 x 130

Community Details

  • No Home Owners Association
  • Northgate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14230230011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,608

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1972
  • Architectural Style: Ranch
  • New Construction: No
  • Age55PlusDevelopment: No
  • Attribution Contact: Mobl: 217-741-4040
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Hood/Fan, Microwave, Range/Oven, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 994
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Other
  • Road Surface Type: Paved
  • Construction Type: Wood Siding
  • Exterior Features: Shed(s)
  • Foundation Details: Concrete, Slab
  • Roof: Shingle
  • 100YearPlain: Unknown
  • Conversion: 0

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Heating: Gas, Central Air
  • Water Source: Public, Public Sewer
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 60 x 130
  • Parcel #: 14230230011
  • ZonedAgricultural: No

Green Features

  • Efficiency: High Efficiency Heating, High Efficiency Wtr Htr

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2608
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2023
Closed on
Sep 13, 2023
Sold by
Burke Charles R and Burke Jessica J
Bought by
Freedom Equity Properties Inc
Seller's Agent
Kyle Killebrew
The Real Estate Group, Inc.
Buyer's Agent
Kyle Killebrew
The Real Estate Group, Inc.
List Price
$120,000
Sold Price
$117,000
Premium/Discount to List
-$3,000
-2.5%
Views
2
Current Estimated Value
$140,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,399
Avg. Annual Appreciation
8.10%

Purchase Details

Listed on
Jan 7, 2020
Closed on
Feb 14, 2020
Sold by
Robert Thompson
Bought by
Burke Charles R and Burke Jessica J
Seller's Agent
Kyle Killebrew
The Real Estate Group, Inc.
Buyer's Agent
Kyle Killebrew
The Real Estate Group, Inc.
List Price
$89,900
Sold Price
$82,500
Premium/Discount to List
-$7,400
-8.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%
Original Mortgage
$72,525
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2019
Sold by
Sheriff Of Sangamon County
Bought by
Thompson Robert and Cowles Steven

Purchase Details

Closed on
Nov 15, 2007

Purchase Details

Closed on
Jul 14, 2006

Purchase Details

Closed on
Jan 13, 2006
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
Freedom Equity Properties Inc $117,000 None Listed On Document
Burke Charles R $82,500 Cornerstone Title
Thompson Robert $32,235 Mack Litonya
-- -- --
-- $84,000 --
-- $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burke Charles R $72,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2023 09/06/23 Sold $117,000 -2.5% $118 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
08/13/2023 08/13/23 For Sale $120,000 +45.5% $121 / Sq Ft
02/19/2020 02/19/20 Sold $82,500 -8.2% $83 / Sq Ft View Prior Sale
01/08/2020 01/08/20 Pending -- -- --
01/07/2020 01/07/20 For Sale $89,900 -- $90 / 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 $3,396 $40,431 $6,317 $34,114
2023 $2,736 $30,947 $5,770 $25,177
2022 $2,608 $29,108 $5,473 $23,635
2021 $2,522 $28,018 $5,268 $22,750
2020 $2,472 $28,060 $5,276 $22,784
2019 $2,763 $31,844 $5,258 $26,586
2018 $1,503 $32,094 $5,232 $26,862
2017 $1,491 $31,679 $5,164 $26,515
2016 $1,686 $31,217 $5,089 $26,128
2015 $1,659 $30,844 $5,028 $25,816
2014 $1,583 $30,645 $4,996 $25,649
2013 $1,441 $30,096 $4,996 $25,100
Source: Public Records

Agents Affiliated with this Home

  • Kyle Killebrew

    Seller's Agent in 2023

    Kyle Killebrew

    The Real Estate Group, Inc.

    (217) 321-8210

    1,979 Total Sales

    Kyle Killebrew
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Map

Source: RMLS Alliance

MLS Number: CA1024567

RMLS Alliance

APN: 14-23.0-230-011

Illinois Sangamon County Springfield 62702

2540 Somerton Rd, Springfield, IL

Not Listed for Sale

Detached

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