$365,000
SOLD NOV 25, 2014

2931 Montvale Dr Springfield, IL 62704

-- Bed
-- Bath
3,384 Sq Ft
0.34 Acres

Recently Sold

$108 Per Sq Ft

9% Below List Price

187 Days on Market

About This Home

As of July 2022

Great investment property in this 3400 sq ft office building. Fully leased (one tenant) until 2017! Sufficient parking. All new roof, siding, AC unit & hot water heater in 2006. Office building is in excellent shape.

Last Agent to Sell the Property

Melissa Vorreyer

RE/MAX Professionals License #475100751 Listed on: 04/11/2014

RE/MAX Professionals

Last Buyer's Agent

Cynthia Grady

The Real Estate Group, Inc. License #471010585

Property Details

Property Type

Other

Est. Annual Taxes

$14,696

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: 107.86
  • Total Sq Ft: 3384

Lot Info

  • Zoning: S2
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building

Tax Info

  • Parcel Id Number Tax Id: 22070227024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Jul 19, 2022
Sold by
Anw Properties Llc
Bought by
Buffalo Harbor Llc
Seller's Agent
Cynthia Grady
The Real Estate Group, Inc.
Buyer's Agent
Cynthia Grady
The Real Estate Group, Inc.
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$414,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,217
Avg. Annual Appreciation
1.90%
Original Mortgage
$300,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2014
Closed on
Nov 25, 2014
Seller's Agent
Melissa Vorreyer
RE/MAX Professionals
Buyer's Agent
Cynthia Grady
The Real Estate Group, Inc.
List Price
$400,000
Sold Price
$365,000
Premium/Discount to List
-$35,000
-8.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.35%

Purchase Details

Closed on
Dec 27, 2004

Purchase Details

Closed on
Aug 27, 1997

Purchase Details

Closed on
Jan 18, 1996
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $375,000 Barber Segatto Hoffee Wilke &
Deed $365,000 --
Deed $360,000 --
Deed $285,000 --
Deed $81,300 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Credit Line Revolving
Closed $300,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Sold $375,000 0.0% $111 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $375,000 +2.7% $111 / Sq Ft
11/25/2014 11/25/14 Sold $365,000 -8.8% $108 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $400,000 -- $118 / 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 $14,696 $174,959 $40,415 $134,544
2023 $11,332 $128,179 $36,915 $91,264
2022 $10,895 $121,589 $35,017 $86,572
2021 $10,534 $117,036 $33,706 $83,330
2020 $10,325 $117,212 $33,757 $83,455
2019 $10,133 $116,803 $33,639 $83,164
2018 $10,738 $127,088 $33,464 $93,624
2017 $10,515 $125,444 $33,031 $92,413
2016 $10,309 $123,614 $32,549 $91,065
2015 $9,185 $109,885 $32,161 $77,724
2014 $9,047 $109,175 $31,953 $77,222
2013 $8,845 $109,175 $31,953 $77,222
Source: Public Records

Agents Affiliated with this Home

  • Cynthia Grady

    Seller's Agent in 2022

    Cynthia Grady

    The Real Estate Group, Inc.

    (217) 638-7653

    374 Total Sales

    Cynthia Grady
    Section Image
  • Melissa Vorreyer

    Seller's Agent in 2014

    Melissa Vorreyer

    RE/MAX Professionals

    (217) 787-7215

    734 Total Sales

    Melissa Vorreyer
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: RMACA141665

RMLS Alliance

APN: 22-07.0-227-024

Illinois Sangamon County Springfield 62704

2931 Montvale Dr, Springfield, IL

This home is located at 2931 Montvale Dr, Springfield, IL 62704 and is currently priced at $365,000, approximately $107 per square foot. 2931 Montvale Dr is a home located in Sangamon County with nearby schools including Sandburg Elementary School, Benjamin Franklin Middle School, and Springfield High School.

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 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.

Nearby Homes