NOT LISTED FOR SALE

3050 S Rita Ave Unit 1 Springfield, IL 62703

Estimated Value: $134,000 - $158,000

3 Beds
2 Baths
1,436 Sq Ft
$99/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $56,000 $39 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $1,072/month

About This Home

As of October 2019

Popular Southern View! Check out this spacious ranch style home that offers 3 bedrooms and 1.5 baths. Spacious living room with a wood burning fireplace and eat-in kitchen with laundry closet. Other amenities include a sun room, fenced backyard, storage shed and a 2c att garage. This home has the potential to be a HGTV beauty! This property may qualify for Seller Financing (Vendee). **Property was built prior to 1978 and lead base paint potentially exists.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2020
Sold by
Shannon Patrick O and Shannon Laura B
Bought by
P & L Properties Llc
Current Estimated Value
$142,093

Purchase Details

Listed on
Aug 26, 2019
Closed on
Oct 3, 2019
Sold by
Secretary Of Veterans Affairs
Bought by
Shannon Laura B and Shannon Patrick O
Seller's Agent
Stephanie Do
Do Realty Services, Inc.
Buyer's Agent
Colleen Wilson
IN BETWEEN OFFICES
List Price
$52,000
Sold Price
$56,000
Premium/Discount to List
$4,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.76%
Original Mortgage
$40,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2019
Sold by
Sheriff Of Sangamon County
Bought by
Secretary Of Veterans Affairs

Purchase Details

Listed on
Apr 27, 2012
Closed on
Aug 16, 2012
Seller's Agent
bROKER 230 Broker
The Real Estate Firm, Inc.
Buyer's Agent
Malinda Ratliff
IN BETWEEN OFFICES
List Price
$116,750
Sold Price
$109,900
Premium/Discount to List
-$6,850
-5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%

Purchase Details

Closed on
Aug 31, 2004

Purchase Details

Closed on
Aug 28, 2000
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
P & L Properties Llc -- Delano Law Offices Llc
Shannon Laura B $56,000 Prairie Land Title
Secretary Of Veterans Affairs -- Mccalla Raymer Leibert Pierce
-- $109,900 --
-- $90,000 --
-- $85,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shannon Patrick O $40,000
Previous Owner Shannon Laura B $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $56,000 +7.7% $39 / Sq Ft
09/05/2019 09/05/19 Pending -- -- --
08/26/2019 08/26/19 For Sale $52,000 -52.7% $36 / Sq Ft
08/15/2012 08/15/12 Sold $109,900 -5.9% $76 / Sq Ft
06/11/2012 06/11/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $116,750 -- $80 / Sq Ft

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 $3,398 $41,044 $11,911 $29,133
2023 $3,331 $38,004 $11,029 $26,975
2022 $3,196 $35,965 $10,437 $25,528
2021 $3,092 $34,389 $10,028 $24,361
2020 $2,985 $34,015 $9,919 $24,096
2019 $2,363 $33,421 $9,746 $23,675
2018 $2,279 $33,278 $9,704 $23,574
2017 $2,219 $32,767 $9,555 $23,212
2016 $2,138 $31,921 $9,308 $22,613
2015 $2,087 $31,200 $9,098 $22,102
2014 $2,049 $30,940 $9,022 $21,918
2013 $2,023 $31,272 $9,119 $22,153
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Do

    Seller's Agent in 2019

    Stephanie Do

    Do Realty Services, Inc.

    (217) 241-2523

    249 Total Sales

    Stephanie Do
    Section Image

  • C

    Buyer's Agent in 2019

    Colleen Wilson

    IN BETWEEN OFFICES

  • b

    Seller's Agent in 2012

    bROKER 230 Broker

    The Real Estate Firm, Inc.

  • M

    Buyer's Agent in 2012

    Malinda Ratliff

    IN BETWEEN OFFICES

See All Agents

Map

Illinois Sangamon County Springfield 62703

3050 S Rita Ave Unit 1, Springfield, IL

This home is located at 3050 S Rita Ave Unit 1, Springfield, IL 62703 and is currently estimated at $142,093, approximately $98 per square foot. 3050 S Rita Ave Unit 1 is a home located in Sangamon County with nearby schools including Southern View Elementary School, Jefferson Middle School, and Springfield Southeast 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.

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