NOT LISTED FOR SALE

3111 Twin Lakes Dr Springfield, IL 62707

Twin Lakes Neighborhood

Estimated Value: $366,552

Studio
-- Bath
4,550 Sq Ft
$81/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2017

Last sale price $292,500 $64 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,735 / mo

70 Days on Market

About This Home

As of May 2017

Fourplex investment opportunity located at 3111-3115 Twin Lakes Drive in Twin Lakes Subdivision. The property is fully leased and consists of 4 units each with its own attached 1 car garage. Gross annual income from the property is $38,220. Tenants are responsible for their own utilities. Landlord pays association dues which include garbage that run approximately $970 a year. Landlord also is responsible for grass cutting and snow plowing. This property can be purchased individually or in combination with the 12 unit apartment complex located at 3101 Twin Lakes Drive.

Last Agent to Sell the Property

joe hurwitz

Hurwitz Enterprises License #471016904 Listed on: 02/14/2017

Last Buyer's Agent

Jane Hay

The Real Estate Group, Inc. License #475117683

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,124

Year Built

  • Built in 2000

Lot Details

  • 0.43

Basement

  • Block Basement Construction
  • Crawl Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,124

Year Built

Built in 2000

Lot Details

0.43 Acres

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Other Style
  • Legal Description: TWIN LAKES 6TH ADDN LOT 2
  • Year Built: 2000
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 4
  • Number of Ranges: 4
  • Number Refrigerators: 4
  • Number Washers: 4
  • Basement: Crawl Space, Block
  • Price Per Sq Ft: 64.29
  • Total Sq Ft: 4550

Exterior Features

  • Exterior: Vinyl Siding

Garage/Parking

  • Garage Parking: Attached
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Community Sewer System, Public Water

Lot Info

  • Estimated Lot Size: 19628
  • Zoning: PUD
  • Subdivision: Twin Lakes
  • Geo Subdivision: IL

Rental Info

  • Lease Information: 1 Year, Month-To-Month

Tax Info

  • Annual Taxes: 7124
  • Parcel Id Number Tax Id: 14130130001
  • Tax Year: 2016

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 38220
  • Total Number Central Air Units: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2024
Sold by
Bought by
Current Estimated Value
$366,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
0.1082%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Feb 14, 2017
Closed on
Jun 8, 2017
Sold by
Bought by
Seller's Agent
joe hurwitz
Hurwitz Enterprises
Buyer's Agent
Jane Hay
The Real Estate Group, Inc.
List Price
$320,000
Sold Price
$292,500
Premium/Discount to List
-$27,500
-8.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%

Purchase Details

Listed on
Feb 14, 2017
Closed on
Jun 1, 2017
Sold by
Bought by
Seller's Agent
joe hurwitz
Hurwitz Enterprises
Buyer's Agent
Jane Hay
The Real Estate Group, Inc.
List Price
$320,000
Sold Price
$292,500
Premium/Discount to List
-$27,500
-8.59%

Purchase Details

Listed on
Feb 14, 2017
Closed on
May 31, 2017
Sold by
Bought by
Seller's Agent
joe hurwitz
Hurwitz Enterprises
Buyer's Agent
Jane Hay
The Real Estate Group, Inc.
List Price
$320,000
Sold Price
$292,500
Premium/Discount to List
-$27,500
-8.59%

Purchase Details

Closed on
Nov 9, 2007

Purchase Details

Closed on
Mar 22, 2002
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- Fernandes David A
$260,000 Fernandes David A
$260,000 Fernandes David A
$325,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $55,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $292,500 -8.6% $64 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $320,000 -- $70 / Sq Ft
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,860 $109,434 $14,400 $95,034
2024 $8,573 $102,065 $13,430 $88,635
2023 $8,242 $93,227 $12,267 $80,960
2022 $7,924 $88,434 $11,636 $76,798
2021 $7,662 $85,122 $11,200 $73,922
2020 $7,510 $85,250 $11,217 $74,033
2019 $7,370 $84,953 $11,178 $73,775
2018 $7,529 $89,103 $11,103 $78,000
2017 $7,373 $87,950 $10,959 $76,991
2016 $7,124 $85,424 $10,800 $74,624
2015 $7,055 $84,403 $10,671 $73,732
2014 $6,949 $83,858 $10,602 $73,256
2013 $6,794 $83,858 $10,602 $73,256
Source: Public Records

Agents Affiliated with this Home

  • j

    Seller's Agent in 2017

    joe hurwitz

    Hurwitz Enterprises

    (217) 899-4003

    5 Total Sales

    joe hurwitz
    Section Image
  • Jane Hay

    Buyer's Agent in 2017

    Jane Hay

    The Real Estate Group, Inc.

    (217) 414-1203

    6 in this area

    761 Total Sales

    Jane Hay
    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA170801

RMLS Alliance

APN: 14-13.0-130-001

Illinois Sangamon County Springfield 62707 Twin Lakes

3111 Twin Lakes Dr, Springfield, IL

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RMLS Alliance All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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