NOT LISTED FOR SALE

3119 Piper Rd Springfield, IL 62707

Estimated Value: $254,690

-- Bed
-- Bath
5,040 Sq Ft
$51/Sq Ft Est. Value

Last Sold May 20, 2015

Last sale price $175,000 $35 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,952/month

41 Days on Market

About This Home

As of May 2015

Income opportunity. Six unit apartment complex with great rental history! There has been only one owner for this meticulously cared for property for the last 40+ years. Each unit has 2 bed/1 bath and laundry hook up. Tenants pay gas and elec. Great opportunity for a seasoned or new investor!

Last Listed By

Kyle Killebrew

The Real Estate Group, Inc. License #475109198 Listed on: 02/04/2015

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,686

Year Built

  • Built in 1973

Lot Details

  • 0.46

Schools

  • Springfield District #186 High School

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,686

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: S 671/2' L 25 JOHN H. PIPERS SUB
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Poured
  • Price Per Sq Ft: 34.72
  • Total Sq Ft: 5040

Exterior Features

  • Exterior: Brick, Vinyl Siding

Garage/Parking

  • Garage Parking: Parking Slab
  • Number Parking Spaces: 6

Utilities

  • Heating Cooling: Gas, Hot Water, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 312
  • Water Sewer Expenses: 1200
  • Number Window Units: 6

Schools

  • High School: Springfield District #186
  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 300x67.5
  • Zoning: R3B
  • Geo Subdivision: IL

Rental Info

  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 5686
  • Parcel Id Number Tax Id: 14140227020
  • Tax Year: 2014

Multi Family

  • Gross Annual Income: 21540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2015
Closed on
May 20, 2015
Seller's Agent
Kyle Killebrew
The Real Estate Group, Inc.
Buyer's Agent
Ken Lowery
IN BETWEEN OFFICES
List Price
$215,000
Sold Price
$175,000
Premium/Discount to List
-$40,000
-18.6%
Total Days on Market
41
Current Estimated Value
$254,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,690
Avg. Annual Appreciation
3.83%

Purchase Details

Closed on
Mar 29, 2001

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
-- $175,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanhuss Custom Properties Inc $200,000
Closed Vanhuss Custom Properties Inc $662,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2015 05/20/15 Sold $175,000 -18.6% $35 / Sq Ft
03/17/2015 03/17/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $215,000 -- $43 / 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
2023 $6,478 $73,270 $5,061 $68,209
2022 $6,005 $67,013 $4,801 $62,212
2021 $5,806 $64,504 $4,621 $59,883
2020 $5,691 $64,601 $4,628 $59,973
2019 $5,585 $64,376 $4,612 $59,764
2018 $5,162 $61,093 $4,581 $56,512
2017 $5,055 $60,303 $4,522 $55,781
2016 $4,956 $59,423 $4,456 $54,967
2015 $4,908 $58,713 $4,403 $54,310
2014 $5,686 $58,334 $4,375 $53,959
2013 -- $68,619 $4,376 $64,243
Source: Public Records

Agents Affiliated with this Home

  • Kyle Killebrew

    Seller's Agent in 2015

    Kyle Killebrew

    The Real Estate Group, Inc.

    (217) 321-8146

    2,058 Total Sales

    Kyle Killebrew
    Section Image
  • Ken Lowery

    Buyer's Agent in 2015

    Ken Lowery

    IN BETWEEN OFFICES

    (217) 341-7716

    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: RMACA150533

RMLS Alliance

APN: 14-14.0-227-020

Illinois Sangamon County Springfield 62707

3119 Piper Rd, Springfield, IL

Homes for Sale in Springfield, IL

This home is located at 3119 Piper Rd, Springfield, IL 62707 since 04 February 2015 and is currently estimated at $254,690, approximately $50 per square foot. This property was built in 1973. 3119 Piper Rd 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.

Nearby Homes