NOT LISTED FOR SALE

305 Bruns Ln Springfield, IL 62702

Estimated Value: $308,758

Studio
-- Bath
5,600 Sq Ft
$55/Sq Ft Est. Value

Last Sold December 17, 2018

Last sale price $200,000 $36 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,221/month

75 Days on Market

About This Home

As of December 2018

Great potential in these buildings. 2 - fourplex buildings with strong rental history. Great proximity to downtown and local shopping. Six of the units have two bedrooms/1 bath and two have 1 bedroom/1 bath. Great property for the price!

Last Agent to Sell the Property

RACHEL PATE

The Real Estate Group, Inc. License #475164655 Listed on: 08/29/2018

The Real Estate Group, Inc.

Last Buyer's Agent

Denise Perry

IN BETWEEN OFFICES License #475161914

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,649

Lot Details

  • 5

Home Design

Basement

  • Block Basement Construction

Schools

  • Springfield District #186 High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,649

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: NE PT N5A L6 TEMPLE HILL SUB
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 2
  • Number of Ranges: 4
  • Number Refrigerators: 4
  • Number Washers: 2
  • Basement: Block
  • Price Per Sq Ft: 35.71
  • Total Sq Ft: 5600

Exterior Features

  • Exterior: Aluminum Siding

Garage/Parking

  • Garage Parking: Parking Slab
  • Number Parking Spaces: 6

Utilities

  • Heating Cooling: Electric, Forced Air
  • Water Sewer: Public Sewer
  • Garbage Collection Exp: 1200
  • Number Window Units: 4

Schools

  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 171 x 70
  • Zoning: Residential
  • Geo Subdivision: IL

Rental Info

  • Management Expense: 4680

Tax Info

  • Annual Taxes: 4649
  • Parcel Id Number Tax Id: 14290351045
  • Tax Year: 2017

Multi Family

  • Total Number Units: 8
  • Gross Annual Income: 49200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Dec 17, 2018
Sold by
Tropical Properties Inc
Bought by
Rtw Real Estate Llc
Seller's Agent
RACHEL PATE
The Real Estate Group, Inc.
Buyer's Agent
Denise Perry
IN BETWEEN OFFICES
List Price
$244,000
Sold Price
$200,000
Premium/Discount to List
-$44,000
-18.03%
Current Estimated Value
$308,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,758
Avg. Annual Appreciation
6.30%
Original Mortgage
$160,000
Outstanding Balance
$141,245
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$167,513

Purchase Details

Closed on
Jan 15, 2008

Purchase Details

Closed on
Jul 16, 1997
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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Purchase History

Date Buyer Sale Price Title Company
Rtw Real Estate Llc $200,000 Fernandes David A
-- $149,000 --
-- $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rtw Real Estate Llc $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2018 12/17/18 Sold $200,000 -18.0% $36 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
08/29/2018 08/29/18 For Sale $244,000 -- $44 / Sq Ft
Source: RMLS Alliance

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 $7,420 $88,339 $12,284 $76,055
2023 $7,134 $80,689 $11,220 $69,469
2022 $4,768 $53,208 $10,645 $42,563
2021 $4,610 $51,215 $10,246 $40,969
2020 $4,518 $51,292 $10,261 $41,031
2019 $4,434 $51,113 $10,225 $40,888
2018 $4,747 $56,186 $10,155 $46,031
2017 $4,649 $55,460 $10,024 $45,436
2016 $4,558 $54,651 $9,878 $44,773
2015 $4,514 $53,998 $9,760 $44,238
2014 $4,446 $53,649 $9,697 $43,952
2013 $4,347 $53,649 $9,697 $43,952
Source: Public Records

Agents Affiliated with this Home

  • RACHEL PATE

    Seller's Agent in 2018

    RACHEL PATE

    The Real Estate Group, Inc.

    (217) 481-4208

    26 Total Sales

    RACHEL PATE
    Section Image

  • D

    Buyer's Agent in 2018

    Denise Perry

    IN BETWEEN OFFICES

    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA185708

RMLS Alliance

APN: 14-29.0-351-045

Illinois Sangamon County Springfield 62702

305 Bruns Ln, Springfield, IL

Not Listed for Sale

MultiFamily

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