NOT LISTED FOR SALE

Estimated Value: $345,216 - $433,000

4 Beds
2 Baths
1,710 Sq Ft
$221/Sq Ft Est. Value

Last Sold December 21, 2023

Last sale price $318,000 $186 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,399/month

23 Days on Market

Highlights

  • Property is near public transit
  • Cooling Available
  • Laundry Room
  • Jogging Path
  • Park
  • Shops

About This Home

As of December 2023

Are you looking for a great investment opportunity? Welcome to this spacious duplex located in the Pine Point section of Springfield. Unit #33 is vacant and has been fully renovated. It is move-in ready for owner occupancy, or a rental income investment. The second unit is occupied with a long term tenant that would like to remain in the property. Each unit hosts a large living room with an eat in kitchen. One full bath on the second floor and two spacious bedrooms. Plenty of closet space throughout the units, as well as private fenced in yards. The updated unit features a newly renovated kitchen, bathroom, paint and flooring. The home's heat source is an economical gas-fired on demand system that supplies the heat and hot water. Washer & dryer hookups are located in the partially finished basement. Location, location, location! Conveniently located in a family-oriented neighborhood near many schools, shopping amenities, within close proximity to the interstate, and so much more!

Last Agent to Sell the Property

Alice Kempf

Kempf-Vanderburgh Realty Consultants, Inc. Listed on: 10/24/2023

Co-Listed By

Karene Alvarado

Signature Realty

Last Buyer's Agent

Nelson Acosta

Witman Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,808

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • 4,234 Sq Ft Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,710 Sq Ft Home
  • Property has 2 Levels
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Balliet Elementary School
  • John F. Kennedy Middle School
  • Central High School

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $1,025
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number SPRIS06850P0034,2589022

Community Details

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $12,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,808

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Property Condition: Unit 1 Remodeled
  • Year Built: 1972
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Vent Hood), Unit 2(Range,Refrigerator)
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full, Partially Finished
  • Living Area: 1710
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN7213
  • MAIN SO: AN7274

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: SPRIS06850P0034,2589022
  • Zoning: R1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4234
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3808

Multi Family

  • Net Operating Income: 12300
  • Number Of Units Total: 2
  • Total Actual Rent: 1025
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: N

MLS Schools

  • High School: Central High
  • Elementary School: Balliet School
  • Middle Or Junior School: John F. Kennedy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Dec 21, 2023
Sold by
Yellowbrick Property Llc
Bought by
Hernandez Martha
Seller's Agent
Alice Kempf
Kempf-Vanderburgh Realty Consultants, Inc.
Buyer's Agent
Nelson Acosta
Witman Properties, Inc.
List Price
$329,900
Sold Price
$318,000
Premium/Discount to List
-$11,900
-3.61%
Views
198
Current Estimated Value
$377,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,554
Avg. Annual Appreciation
9.15%
Original Mortgage
$297,330
Outstanding Balance
$291,890
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$85,664

Purchase Details

Closed on
Mar 31, 2022
Sold by
Springfield Homes Llc
Bought by
Yellowbrick Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,130,555
Interest Rate
3.89%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2011
Sold by
Better Homes Inc
Bought by
Springfield Homes Llc

Purchase Details

Closed on
Mar 16, 1999
Sold by
Springfield Redev Auth
Bought by
Better Homes Springfld

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 1997
Sold by
Department Of Housing & Urban Dev
Bought by
Springfield Redev Auth

Purchase Details

Closed on
Sep 9, 1996
Sold by
Countrywide Home Loan
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
May 24, 1996
Sold by
Ponce Domingo and Ponce Sandy
Bought by
Countywide Home Loan

Purchase Details

Closed on
Mar 27, 1992
Sold by
Sliwa Fred M and Sliwa Alyce A
Bought by
Ponce Domingo and Ponce Sandy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,048
Interest Rate
8.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hernandez Martha $318,000 None Available
Yellowbrick Property Llc -- None Available
Springfield Homes Llc $226,830 --
Better Homes Springfld $50,000 --
Springfield Redev Auth $44,000 --
Department Of Housing & Urban Dev $125,800 --
Countywide Home Loan $125,800 --
Ponce Domingo $115,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Martha $297,330
Previous Owner Yellowbrick Property Llc $2,130,555
Previous Owner Ponce Domingo $64,000
Previous Owner Ponce Domingo $116,048
Closed Ponce Domingo $38,527
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2023 12/21/23 Sold $318,000 -2.1% $186 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
11/13/2023 11/13/23 Price Changed $324,900 -1.5% $190 / Sq Ft
10/24/2023 10/24/23 For Sale $329,900 -- $193 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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
2025 $4,960 $316,300 $38,000 $278,300
2024 $4,029 $250,900 $31,600 $219,300
2023 $3,777 $221,500 $28,700 $192,800
2022 $3,572 $189,800 $26,900 $162,900
2021 $3,576 $189,200 $24,400 $164,800
2020 $3,234 $165,600 $24,400 $141,200
2019 $2,952 $150,000 $24,400 $125,600
2018 $2,850 $144,800 $24,400 $120,400
2017 $2,963 $150,700 $22,600 $128,100
2016 $2,676 $136,100 $22,600 $113,500
2015 $2,530 $128,600 $22,600 $106,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73173382

MLS Property Information Network (MLS PIN)

APN: SPRI-006850-000000-000034