NOT LISTED FOR SALE

2937 S Bay Ln Springfield, IL 62704

Monroe Park West Neighborhood

Estimated Value: $264,000 - $306,816

4 Beds
2.5 Baths
2,237 Sq Ft
$125/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $237,000 $106 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,157/month

90 Days on Market

Highlights

  • Lake View
  • Waterfront
  • Pond
  • Springfield High School Rated A-
  • Fireplace in Primary Bedroom
  • Vaulted Ceiling

About This Home

As of February 2024

This classic four-bedroom, two-story home sits on a cul-de-sac adjacent to Wood Lake on Springfield's west side. Enjoy lake recreation just steps from your yard! Enter the two-story foyer and to the right, you will find a sunken vaulted living room. Step into a formal dining room and the eat-in kitchen with a tiled slate floor, updated appliances and cabinets, and granite counters. A large family room featuring a fireplace with a brick hearth and sliding doors to the backyard. Also on the main floor is a half bath and laundry room with access to the two-car attached garage. Upstairs is a vaulted master suite offering a second fireplace, attached bath, and walk-in closet. Three additional bedrooms share a large hall bath with double sinks. The basement is unfinished, with rough-ins for plumbing. Outside, you will find a large backyard and a side yard overlooking Wood Lake with lake access. Roof is approximately 5 years old.

Last Agent to Sell the Property

ASHLEY COKER

The Real Estate Group, Inc. Brokerage Phone: 217-622-7235 License #475160489 Listed on: 10/20/2023

The Real Estate Group, Inc.

Last Buyer's Agent

Todd Musso

The Real Estate Group, Inc. License #471001796

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,714

Year Built

  • Built in 1974

Lot Details

  • Waterfront
  • Level Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Foundation
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,237 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Lake Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Porch

Schools

  • Dubois Elementary School
  • Us Grant Middle School
  • Springfield District #186 High School

Utilities

  • Two Heating Systems
  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Monroe Park West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-31.0-101-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,714

Year Built

Built in 1974

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1974
  • Architectural Style: Two Story
  • New Construction: No
  • PricePerSqFt: 105.95
  • Age55PlusDevelopment: No
  • Attribution Contact: Mobl: 217-622-7235
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Master Bedroom
  • Fireplaces: 2
  • Interior Amenities: Cable Available, Ceiling Fan(s), Vaulted Ceiling(s), Foyer - 2 Story, Window Treatments
  • Living Area: 2237
  • TotalBasementSqFt: 918
  • KitchenDining: Dining Formal,Eat-In Kitchen

Exterior Features

  • Lot Features: Lake View, Pond/Lake, Level, Sloped, Water Frontage
  • Road Surface Type: Paved
  • Water Body Name: Woods Lake
  • Construction Type: Brick Partial, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Concrete, Poured Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

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

Utilities

  • Heating: Heating Systems - 2+, Forced Air, Electric Water Heater
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Association Fee: 600
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: Yes

Schools

  • Elementary School: Dubois
  • High School: Springfield District #186
  • Middle Or Junior School: US Grant

Lot Info

  • Lot Size: see plat - irregular
  • Parcel #: 14-31.0-101-013

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6714.32
  • TaxExemptions: Homestead/Owner Occupied,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2023
Closed on
Feb 20, 2024
Sold by
Suess Karl Wolfgang
Bought by
Leininger Tara and Leininger Bradley
Seller's Agent
ASHLEY COKER
The Real Estate Group, Inc.
Buyer's Agent
Todd Musso
The Real Estate Group, Inc.
List Price
$284,900
Sold Price
$237,000
Premium/Discount to List
-$47,900
-16.81%
Views
588
Current Estimated Value
$280,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,289
Avg. Annual Appreciation
11.73%
Original Mortgage
$224,990
Outstanding Balance
$222,497
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$57,707

Purchase Details

Closed on
Aug 23, 2022
Sold by
Karl Suess R
Bought by
R Karl Suess Trust
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 Buyer Sale Price Title Company
Leininger Tara $237,000 None Listed On Document
R Karl Suess Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leininger Tara $224,990
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $237,000 -3.2% $106 / Sq Ft
12/21/2023 12/21/23 Price Changed $244,900 -2.0% $109 / Sq Ft
11/29/2023 11/29/23 Price Changed $249,900 -2.0% $112 / Sq Ft
11/09/2023 11/09/23 Price Changed $254,900 -5.6% $114 / Sq Ft
10/26/2023 10/26/23 Price Changed $269,900 -5.3% $121 / Sq Ft
10/20/2023 10/20/23 For Sale $284,900 -- $127 / 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 $6,963 $88,896 $15,798 $73,098
2023 $7,036 $90,586 $14,430 $76,156
2022 $6,714 $85,929 $13,688 $72,241
2021 $6,455 $82,711 $13,175 $69,536
2020 $6,328 $82,835 $13,195 $69,640
2019 $6,207 $82,546 $13,149 $69,397
2018 $5,494 $76,023 $13,085 $62,938
2017 $5,368 $75,040 $12,916 $62,124
2016 $5,249 $73,946 $12,728 $61,218
2015 $5,188 $73,062 $12,576 $60,486
2014 $5,104 $72,590 $12,495 $60,095
2013 $4,990 $72,590 $12,495 $60,095
Source: Public Records

Agents Affiliated with this Home

  • ASHLEY COKER

    Seller's Agent in 2024

    ASHLEY COKER

    The Real Estate Group, Inc.

    (217) 622-7235

    4 in this area

    346 Total Sales

    Section Image
  • Todd Musso

    Buyer's Agent in 2024

    Todd Musso

    The Real Estate Group, Inc.

    (217) 725-5458

    2 in this area

    289 Total Sales

    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1025540

RMLS Alliance

APN: 14-31.0-101-013

Illinois Sangamon County Springfield 62704 Monroe Park West

2937 S Bay Ln, Springfield, IL

This home is located at 2937 S Bay Ln, Springfield, IL 62704 since 20 October 2023 and is currently estimated at $280,204, approximately $125 per square foot. This property was built in 1974. 2937 S Bay Ln is a home located in Sangamon County with nearby schools including Dubois Elementary School, U.S. Grant 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