NOT LISTED FOR SALE

2960 Baker Dr Springfield, IL 62703

Estimated Value: $1,558,931

-- Bed
-- Bath
19,915 Sq Ft
$78/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $1,225,000 $62 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $11,415/month

1,272 Days on Market

About This Home

As of September 2022

Professional office building located in popular Park South on the south side of Springfield. Building is situated on 1.78 acres with pond views to the east. Property is approx. 60% leased with quality tenants. Excellent property for an owner-user or investment. Property is agent owned.

Last Agent to Sell the Property

Curtis Tillett

The Real Estate Group, Inc. License #475089421 Listed on: 02/01/2019

The Real Estate Group, Inc.

Last Buyer's Agent

Ben Call

The Real Estate Group, Inc. License #475139475

The Real Estate Group, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $40,000

Lot Details

  • 1.78

Utilities

  • Forced Air Heating and Cooling System

Property Details

Property Type

Other

Est. Annual Taxes

$40,000

Lot Details

0

Listing Details

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

Interior Features

  • Flooring: Carpeted, Tile/Vinyl
  • Price Per Sq Ft: 61.51
  • Total Sq Ft: 19915
  • Total Building Sq Ft: 19915

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: City Street
  • Insulation: Unknown
  • Roof Construction: Sloped
  • Wall Construction: Frame

Utilities

  • Cooling: Central Air
  • Heating: Forced Air

Lot Info

  • Estimated Number of Acres: 1.78
  • Zoning: b-1
  • Geo Subdivision: IL

Rental Info

  • Lease Dollar Sq Ft: 2
  • Sale Lease Includes: Building, Land

Tax Info

  • Annual Taxes: 40000
  • Parcel Id Number Tax Id: 22100382028
  • Tax Incentive: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2019
Closed on
Sep 29, 2022
Sold by
Sixth Street Developers Limited Partners
Bought by
Timberbrooke Investments Llc
Seller's Agent
Curtis Tillett
The Real Estate Group, Inc.
Buyer's Agent
Ben Call
The Real Estate Group, Inc.
List Price
$1,350,000
Sold Price
$1,225,000
Premium/Discount to List
-$125,000
-9.26%
Current Estimated Value
$1,558,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,931
Avg. Annual Appreciation
7.72%
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
Timberbrooke Investments Llc $1,225,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2022 09/29/22 Sold $1,225,000 -9.3% $62 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $1,350,000 0.0% $68 / Sq Ft
01/25/2022 01/25/22 Price Changed $1,350,000 +10.2% $68 / Sq Ft
06/22/2020 06/22/20 Off Market $1,225,000 -- --
02/21/2020 02/21/20 Price Changed $1,150,000 -14.8% $58 / Sq Ft
02/01/2019 02/01/19 Sold -- -- -- View Prior Sale
02/01/2019 02/01/19 Sold -- -- -- View Prior Sale
02/01/2019 02/01/19 For Sale $1,350,000 +9642757.1% $68 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
01/02/2019 01/02/19 Pending -- -- --
05/27/2014 05/27/14 For Sale $14 -- $0 / Sq Ft
02/08/2008 02/08/08 For Sale -- -- --
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 $39,255 $448,147 $219,020 $229,127
2023 $38,262 $414,951 $202,796 $212,155
2022 $36,665 $392,685 $191,914 $200,771
2021 $35,373 $377,292 $184,391 $192,901
2020 $34,191 $373,187 $182,385 $190,802
2019 $33,019 $366,660 $179,195 $187,465
2018 $44,249 $505,162 $178,428 $326,734
2017 $43,223 $497,402 $175,687 $321,715
2016 $41,906 $484,561 $171,151 $313,410
2015 $41,076 $473,621 $167,287 $306,334
2014 $40,399 $469,675 $165,893 $303,782
2013 $44,314 $527,180 $167,670 $359,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA190834

RMLS Alliance

APN: 22-10.0-382-028