$445,000
SOLD MAY 31, 2017

3101 Twin Lakes Dr Springfield, IL 62707

Twin Lakes Neighborhood
-- Bed
-- Bath
10,680 Sq Ft
0.4 Acres

Recently Sold

$42 Per Sq Ft

6% Below List Price

84 Days on Market

About This Home

As of November 2024

Phenomenal investment opportunity located in the Twin Lakes Subdivision off of North Dirksen Parkway in Springfield IL. The property consists of 12 total apartment units with 5 of them being two bedrooms and 7 of them being one bedroom units. With 11 units currently occupied this property is priced to sell.

Last Agent to Sell the Property

joe hurwitz

Hurwitz Enterprises License #471016904 Listed on: 02/10/2017

Last Buyer's Agent

Debra Sarsany

The Real Estate Group, Inc. License #475118739

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,878

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,878

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: TWIN LAKES 6TH ADDN LOT 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 12
  • Number Dryers: 2
  • Number Refrigerators: 12
  • Price Per Sq Ft: 41.67
  • Total Sq Ft: 10680

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Garage Parking: Parking Slab
  • Number Parking Spaces: 20

Utilities

  • Heating Cooling: Central Air
  • Water Sewer: Community Sewer System, Public Water
  • Electric Expense: 3000
  • Water Sewer Expenses: 3000
  • Number Window Units: 2

Lot Info

  • Estimated Lot Size: 16678
  • Zoning: PUD
  • Geo Subdivision: IL

Rental Info

  • Management Expense: 4251

Tax Info

  • Annual Taxes: 11878
  • Parcel Id Number Tax Id: 14130130002
  • Tax Year: 2016

Multi Family

  • Total Number Units: 12
  • Gross Annual Income: 78720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2024
Closed on
Oct 28, 2024
Sold by
Pelc Gregory M
Bought by
Drn Rentals Llc
Seller's Agent
Debra Sarsany
The Real Estate Group, Inc.
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Views
5
Current Estimated Value
$639,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,092
Avg. Annual Appreciation
-0.27%
Original Mortgage
$608,000
Outstanding Balance
$600,116
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$23,533

Purchase Details

Closed on
May 26, 2015

Purchase Details

Closed on
Jan 21, 2006
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $625,000 None Listed On Document
Warranty Deed $625,000 None Listed On Document
Deed $420,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $608,000 New Conventional
Closed $608,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $625,000 -3.8% $59 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
09/20/2024 09/20/24 For Sale $650,000 +46.1% $61 / Sq Ft
05/31/2017 05/31/17 Sold $445,000 -6.3% $42 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $475,000 -- $44 / Sq Ft
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 $13,730 $163,457 $11,410 $152,047
2023 $13,200 $149,303 $10,422 $138,881
2022 $12,237 $136,560 $9,886 $126,674
2021 $11,831 $131,447 $9,516 $121,931
2020 $11,596 $131,644 $9,530 $122,114
2019 $11,381 $131,185 $9,497 $121,688
2018 $12,372 $146,429 $9,435 $136,994
2017 $12,116 $144,536 $9,313 $135,223
2016 $11,878 $142,428 $9,177 $133,251
2015 $11,763 $140,725 $9,067 $131,658
2014 $11,587 $139,816 $9,008 $130,808
2013 -- $139,816 $9,008 $130,808
Source: Public Records

Agents Affiliated with this Home

  • Debra Sarsany

    Seller's Agent in 2024

    Debra Sarsany

    The Real Estate Group, Inc.

    (217) 313-0580

    5 in this area

    681 Total Sales

    Debra Sarsany
    Section Image
  • Jerry George

    Buyer's Agent in 2024

    Jerry George

    The Real Estate Group, Inc.

    (217) 638-1360

    6 in this area

    858 Total Sales

    Jerry George
    Section Image

  • j

    Seller's Agent in 2017

    joe hurwitz

    Hurwitz Enterprises

    (217) 899-4003

    7 Total Sales

    joe hurwitz
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: RMACA170800

RMLS Alliance

APN: 14-13.0-130-002

Illinois Sangamon County Springfield 62707 Twin Lakes

3101 Twin Lakes Dr, Springfield, IL

This home is located at 3101 Twin Lakes Dr, Springfield, IL 62707 and is currently priced at $445,000, approximately $41 per square foot. 3101 Twin Lakes Dr is a home located in Sangamon County with nearby schools including Wilcox Elementary School, Washington Middle School, and Lanphier 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.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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