NOT LISTED FOR SALE

3225 S Palmer St Unit 1 Springfield, IL 62703

Estimated Value: $111,000 - $135,000

2 Beds
2 Baths
1,400 Sq Ft
$85/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $82,900 $59 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $793/month

146 Days on Market

Highlights

  • Bungalow
  • Ceiling Fan
  • Garage

About This Home

As of January 2021

Cozy bungalow with 2 bedrooms, 2 bath, and 2.5 car garage. Updates to roof, flooring, furnace, electrical, large fenced yard, radon mit in place. Move in ready. All appliances stay, including washer/dryer, extra fridge, and freezer in basement.

Last Agent to Sell the Property

Betty Shuster

RE/MAX Professionals License #475135971 Listed on: 07/08/2020

RE/MAX Professionals

Last Buyer's Agent

Phil Chiles

Keller Williams Capital License #471018443

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,079

Lot Details

  • 8,407

Parking

  • Garage

Home Design

  • Bungalow

Interior Spaces

  • 2 Full Bathrooms
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Schools

  • Laketown Elementary School

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,079

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Legal Description: See Tax Records
  • Lvt Date: 07/09/2020
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave Oven, Range/Oven, Refrigerator, Washer, Dryer
  • Interior Amenities: Ceiling Fan
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Number of Full Bathrooms in the Basement: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 8.07x18.1, On Level: Main, Flooring: Laminate
  • Basement Foundation: Block
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 12x9.05, On Level: Main, Flooring: Laminate
  • Bedroom 2 Egress Window: Yes
  • Kitchen: Dimensions: 21.04x9, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Eat-In Kitchen
  • Laundry: On Level: Basement
  • Living Room: Dimensions: 15.02x12.07, On Level: Main, Flooring: Laminate
  • Basement Finished Sq Ft: 450
  • Total Basement Sq Ft: 950
  • Additional Room 1: On Level: Main, Flooring: Vinyl
  • Additional Room 2: On Level: Basement, Flooring: Other
  • Price Per Sq Ft: 87.26
  • Finished Sq Ft: 1400
  • Total Sq Ft: 950
  • Finished Main Level Sq Ft: 950

Exterior Features

  • Exterior: Aluminum Siding
  • Road Access: Paved
  • Roofing: Shake

Garage/Parking

  • Garage Parking: Detached
  • Garage Yn: Yes
  • Number Cars: 2
  • Number Of Garage Remotes: 1

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Utilities On: Yes
  • Water Sewer: Public Water, Public Sewer
  • Utility Companies: CWLP/Ameren

Schools

  • Elementary School: Laketown

Lot Info

  • Estimated Lot Size: 60 x 140
  • Lot Description: Level
  • Subdivision: Southlawn
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 2078.84
  • Parcel Id Number Tax Id: 2214270017
  • Tax Exemptions: Homestead Improvement
  • Tax Year: 2019

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Jan 15, 2021
Sold by
Jeter Michael R
Bought by
Leonard Britt D
Seller's Agent
Betty Shuster
RE/MAX Professionals
Buyer's Agent
Phil Chiles
Keller Williams Capital
List Price
$84,900
Sold Price
$82,900
Premium/Discount to List
-$2,000
-2.36%
Current Estimated Value
$118,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,516
Avg. Annual Appreciation
7.45%
Original Mortgage
$81,349
Outstanding Balance
$72,604
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$45,812

Purchase Details

Listed on
Jul 9, 2015
Closed on
Aug 27, 2015
Seller's Agent
BETTY WEBB
Webb & Associates Realty
Buyer's Agent
Betty Shuster
RE/MAX Professionals
List Price
$76,900
Sold Price
$76,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.40%

Purchase Details

Closed on
Mar 10, 2015
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Leonard Britt D $82,900 Illinois Real Estate Title
-- $76,900 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Britt D $81,349
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2021 01/15/21 Sold $82,900 0.0% $59 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
10/22/2020 10/22/20 Price Changed $82,900 -2.4% $59 / Sq Ft
09/10/2020 09/10/20 For Sale $84,900 0.0% $61 / Sq Ft
08/30/2020 08/30/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $84,900 +10.4% $61 / Sq Ft
08/27/2015 08/27/15 Sold $76,900 0.0% $81 / Sq Ft View Prior Sale
07/14/2015 07/14/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $76,900 -- $81 / 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 $2,101 $31,984 $7,158 $24,826
2023 $2,029 $29,615 $6,628 $22,987
2022 $1,920 $28,026 $6,272 $21,754
2021 $1,855 $26,927 $6,026 $20,901
2020 $2,157 $26,634 $5,960 $20,674
2019 $2,079 $26,168 $5,856 $20,312
2018 $2,009 $26,056 $5,831 $20,225
2017 $1,960 $25,655 $5,741 $19,914
2016 $1,901 $24,993 $5,593 $19,400
2015 $1,866 $24,429 $5,467 $18,962
2014 $374 $24,225 $5,421 $18,804
2013 $365 $24,484 $5,479 $19,005
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1001062

RMLS Alliance

APN: 22-14.0-127-017