NOT LISTED FOR SALE

Estimated Value: $274,000 - $346,000

6 Beds
2 Baths
2,413 Sq Ft
$131/Sq Ft Est. Value

Last Sold July 22, 2014

Last sale price $85,000 $35 Per Sq Ft

Est. 271% increase in value since last sale

Current estimated payment $2,061/month

634 Days on Market

About This Home

As of July 2014

Great investment property!! Many updates have been done. Ready for you to make good income! Current owner owns home next door which is also for sale. Would make for a great package deal. He is looking to retire and move south. 2 newer heating systems. New circuit breaker boxes. Much of the plumbing is updated and home is vinyl sided. Nice fenced rear yard. Instant positive cash flow. Tenants own appliances. Near park. I have Lead Paint compliance letters for all units. Best deals in Springfield.

Last Agent to Sell the Property

Thomas Morrissette

LAER Realty Partners Listed on: 09/26/2012

LAER Realty Partners

Last Buyer's Agent

Tanya Vital-Basile

Executive Real Estate, Inc.

Executive Real Estate, Inc.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,829

Year Built

1916

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Gentle Slope
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1916

Interior Features

  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park, Highway Access
  • Electric: Circuit Breakers, 100 Amps, Individually Metered, Varies per Unit
  • Energy: Insulated Windows
  • Flooring: Vinyl, Wall to Wall Carpet
  • Basement: Full, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Gutters, Screens
  • Foundation: Brick

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: Washer Hookup, Varies per Unit

Lot Info

  • Assessor Parcel Number: S:05585 P:0045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2012
Closed on
Jul 22, 2014
Sold by
Singleton Duval W
Bought by
Taqi Muhammad
Seller's Agent
Thomas Morrissette
LAER Realty Partners
Buyer's Agent
Tanya Vital-Basile
Executive Real Estate, Inc.
List Price
$124,900
Sold Price
$85,000
Premium/Discount to List
-$39,900
-31.95%
Current Estimated Value
$315,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,514
Avg. Annual Appreciation
12.60%
Original Mortgage
$83,460
Outstanding Balance
$28,236
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$287,359

Purchase Details

Closed on
Aug 18, 1993
Sold by
Fnma
Bought by
Singleton Duval W

Purchase Details

Closed on
Apr 13, 1993
Sold by
Lancioni Wayne A
Bought by
Gmac Mtg Corp
Source: Public Records

Range of Values:

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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
Taqi Muhammad $85,000 --
Singleton Duval W $11,900 --
Gmac Mtg Corp $56,388 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taqi Muhammad $83,460
Previous Owner Gmac Mtg Corp $59,500
Previous Owner Gmac Mtg Corp $53,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2014 07/22/14 Sold $85,000 -31.9% $35 / Sq Ft
06/22/2014 06/22/14 Pending -- -- --
09/26/2012 09/26/12 For Sale $124,900 -- $52 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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
2025 $3,829 $244,200 $30,000 $214,200
2024 $3,838 $239,000 $30,000 $209,000
2023 $3,649 $214,000 $27,300 $186,700
2022 $3,610 $191,800 $25,500 $166,300
2021 $3,035 $160,600 $23,200 $137,400
2020 $2,596 $132,900 $23,200 $109,700
2019 $2,602 $132,200 $23,200 $109,000
2018 $2,283 $128,000 $23,200 $104,800
2017 $2,283 $116,100 $16,800 $99,300
2016 $2,072 $105,400 $16,800 $88,600
2015 $2,002 $101,800 $16,800 $85,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71440221

MLS Property Information Network (MLS PIN)

APN: SPRI-005585-000000-000045