NOT LISTED FOR SALE

2601 S 5th St Springfield, IL 62703

Springfield South Corridor Neighborhood

Estimated Value: $340,328

Studio
-- Bath
6,300 Sq Ft
$54/Sq Ft Est. Value

Last Sold November 05, 2015

Last sale price $225,000 $36 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,383/month

1,601 Days on Market

About This Home

As of November 2015

Well maintained office building in a great location. Good proximity to all areas of the city, including interstates. Two suites available for lease, each one having new paint and carpet. One suite is 2,788 SF and the other is 1,751 SF.

Last Agent to Sell the Property

240 Broker240

Coldwell Banker Commercial Dev Listed on: 05/19/2011

Last Buyer's Agent

Wade Ebert

The Real Estate Group, Inc. License #475130082

The Real Estate Group, Inc.

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Price Per Sq Ft: 35.71
  • Total Sq Ft: 6300

Lot Info

  • Zoning: R-5B
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2011
Closed on
Nov 5, 2015
Seller's Agent
240 Broker240
Coldwell Banker Commercial Dev
Buyer's Agent
Wade Ebert
The Real Estate Group, Inc.
List Price
$349,000
Sold Price
$225,000
Premium/Discount to List
-$124,000
-35.53%
Current Estimated Value
$340,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,328
Avg. Annual Appreciation
4.15%

Purchase Details

Closed on
Apr 28, 2000
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
-- $225,000 --
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2015 11/05/15 Sold $225,000 -35.5% $36 / Sq Ft
10/06/2015 10/06/15 Pending -- -- --
05/19/2011 05/19/11 For Sale $349,000 -- $55 / 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 $7,264 $86,482 $35,844 $50,638
2023 $6,984 $78,993 $32,740 $46,253
2022 $6,715 $74,932 $31,057 $43,875
2021 $6,492 $72,126 $29,894 $42,232
2020 $6,363 $72,234 $29,939 $42,295
2019 $6,245 $71,982 $29,835 $42,147
2018 $6,516 $77,120 $29,671 $47,449
2017 $6,381 $76,122 $29,287 $46,835
2016 $6,256 $75,012 $28,860 $46,152
2015 $9,203 $110,095 $28,515 $81,580
2014 $9,065 $109,384 $28,331 $81,053
2013 $8,862 $109,384 $28,331 $81,053
Source: Public Records

Agents Affiliated with this Home

  • 2

    Seller's Agent in 2015

    240 Broker240

    Coldwell Banker Commercial Dev

  • Wade Ebert

    Buyer's Agent in 2015

    Wade Ebert

    The Real Estate Group, Inc.

    (217) 280-0790

    32 Total Sales

    Wade Ebert
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Map

Source: RMLS Alliance

MLS Number: RMACA112469

RMLS Alliance

APN: 22-09.0-278-023

Illinois Sangamon County Springfield 62703 Springfield South Corridor

2601 S 5th St, Springfield, IL

Not Listed for Sale

Other

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