NOT LISTED FOR SALE

3100 Montvale Dr Springfield, IL 62704

Westwood Forum Neighborhood

Estimated Value: $812,285

Studio
-- Bath
-- Sq Ft
0.65 Acres

Last Sold August 19, 2022

Last sale price $447,000

Est. 82% increase in value since last sale

Current estimated payment $5,431/month

303 Days on Market

About This Home

As of August 2022

Great building, great location. 3 blocks from the corner of Wabash & Chatham Rd. Fully improved 5088 SF office building. 10 private offices, 21 X 55 area with cubicles, 17 X 32 conference room, break room, kitchenette, 4 ADA compliant restrooms, ADA compliant entrance. Parking for 29 vehicles with 2 handicapped spots. New flooring in 2021. Ridge cap on roof replaced in 2019. Parking lot sealed and striped in 2019. New gutters and shutters in 2019. All heating units replaced within past 5 years. Current lease runs through 10/31/2023

Last Agent to Sell the Property

John Kerstein

Keller Williams Capital License #471019366 Listed on: 07/20/2021

Keller Williams Capital

Last Buyer's Agent

Kyle Killebrew

The Real Estate Group, Inc. License #475109198

The Real Estate Group, Inc.

Property Details

Property Type

  • Other

Year Built

  • Built in 1993

Lot Details

  • 0.65

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Property Type

Other

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Exemptions: Full exmpt
  • Lvt Date: 07/20/2021
  • Year Built: 1993
  • Handicap Modified: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Flooring: Concrete
  • Total Building Sq Ft: 5088
  • Estimated Lot Sq Ft: 29484

Exterior Features

  • Exterior Finish: Brick
  • Frontage Access: City Street
  • Insulation: Roof, Side Walls
  • Roof Construction: Asphalt/Fiberglass
  • Wall Construction: Brick

Garage/Parking

  • Numberparking Spaces Allocated: 29

Utilities

  • Electric Company: CWLP
  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Security System: Yes
  • Water Supply: Municipal/City
  • Gas Company: AMEREN
  • Water Company: CWLP

Association/Amenities

  • Amenities: Computer Cabling, Cable, Fiber Optics

Lot Info

  • Zoning: commercial
  • Estimated Land Size: 137W . 219S . 126E . 206N
  • Geo Subdivision: IL
  • Irregular Lot: Yes
  • Property Use: Office Building

Rental Info

  • Sale Lease Includes: Building, Land

Tax Info

  • Parcel Id Number Tax Id: 22070254001
  • Tax Incentive: None
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 18, 2022
Sold by
Aging In Lincolnland Foundation
Bought by
Illinois State Dental Society
Seller's Agent
John Kerstein
Keller Williams Capital
Buyer's Agent
Kyle Killebrew
The Real Estate Group, Inc.
List Price
$465,000
Sold Price
$447,000
Premium/Discount to List
-$18,000
-3.87%
Current Estimated Value
$812,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,285
Avg. Annual Appreciation
19.08%

Purchase Details

Closed on
Jan 4, 2005

Purchase Details

Closed on
Jul 14, 1997

Purchase Details

Closed on
Mar 26, 1993
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
Illinois State Dental Society $437,000 --
-- $450,000 --
-- -- --
-- $90,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2022 08/19/22 Sold $447,000 -0.4% --
05/19/2022 05/19/22 Pending -- -- --
10/15/2021 10/15/21 Price Changed $449,000 -3.4% --
07/20/2021 07/20/21 For Sale $465,000 0.0% --
11/01/2020 11/01/20 Rented -- -- --
06/24/2020 06/24/20 For Rent -- -- --
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 $14,715 $175,184 $52,075 $123,109
2023 $14,147 $86,510 $47,566 $38,944
2022 $5,016 $55,973 $19,031 $36,942
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Kerstein

    Seller's Agent in 2022

    John Kerstein

    Keller Williams Capital

    (217) 553-4368

    2 in this area

    86 Total Sales

    John Kerstein
    Section Image
  • Kyle Killebrew

    Buyer's Agent in 2022

    Kyle Killebrew

    The Real Estate Group, Inc.

    (217) 321-8210

    40 in this area

    1,977 Total Sales

    Kyle Killebrew
    Section Image
  • Todd Smith

    Buyer's Agent in 2020

    Todd Smith

    Todd P Smith Real Estate

    (217) 441-8000

    4 in this area

    67 Total Sales

    Todd Smith
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1008596

RMLS Alliance

APN: 22-07.0-254-001

Illinois Sangamon County Springfield 62704 Westwood Forum

3100 Montvale Dr, Springfield, IL

Not Listed for Sale

Other

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