NOT LISTED FOR SALE

3243 S Douglas Ave Springfield, IL 62704

Estimated Value: $142,000 - $204,000

4 Beds
4 Baths
2,158 Sq Ft
$84/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $136,500 $63 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,355/month

48 Days on Market

About This Home

As of January 2021

Fantastic income property w/ two easy to rent units offering 2 bedrooms and 2 bathrooms in each! Both sides are currently rented for $950/month, which means the new owner just takes over and collects the rent. Convenient, central location in Springfield is close to downtown, medical district & interstate access. Separate meters for electric & gas with shared water meter and tenants responsible for snow and lawncare. Tenants do split water bill. This profitable little property will generate income for years to come for the right investor! Current tenant is month to month as of now.

Last Agent to Sell the Property

Kyle Killebrew

The Real Estate Group, Inc. License #475109198 Listed on: 10/13/2020

The Real Estate Group, Inc.

Last Buyer's Agent

Dominic Campo

Campo Realty, Inc. License #471019259

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,080

Year Built

  • Built in 1977

Lot Details

  • 10,019

Interior Spaces

  • 2-Story Property

Basement

  • Partial Basement
  • Block Basement Construction

Schools

  • Springfield District #186 High School

Listing and Financial Details

  • Tenant pays for gas & electric, lawn care, snow removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,080

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: LOT 2 VILLAGE PARK 8-15-5 (10000 SQ FT) (80 X 125)
  • Lvt Date: 10/13/2020
  • Year Built: 1977
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Partial, Block
  • Price Per Sq Ft: 63.25
  • Total Sq Ft: 2158

Exterior Features

  • Exterior: Aluminum Siding, Brick Partial
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Parking Slab
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Forced Air, Central Air
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Units Hook-Ups

Schools

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

Lot Info

  • Estimated Lot Size: 125 x 80
  • Lot Description: Level
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Tenant Pays: Gas & Electric, Lawn Care, Snow Removal
  • Gross Annual Rent Income: 22800
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 3080
  • Parcel Id Number Tax Id: 22080426035
  • Tax Year: 2018

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 22800
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2020
Closed on
Dec 28, 2020
Sold by
Derhake Benjamin M
Bought by
Cet Properties Llc
Seller's Agent
Kyle Killebrew
The Real Estate Group, Inc.
Buyer's Agent
Dominic Campo
Campo Realty, Inc.
List Price
$159,900
Sold Price
$136,500
Premium/Discount to List
-$23,400
-14.63%
Current Estimated Value
$181,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,386
Avg. Annual Appreciation
5.50%
Original Mortgage
$116,025
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2015
Closed on
Dec 30, 2015
Seller's Agent
Jim Fulgenzi
RE/MAX Professionals
Buyer's Agent
Jim Fulgenzi
RE/MAX Professionals
List Price
$122,500
Sold Price
$122,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%

Purchase Details

Listed on
May 16, 2013
Closed on
Dec 12, 2013
Seller's Agent
Ronald Duff
RE/MAX Professionals
Buyer's Agent
Jim Fulgenzi
RE/MAX Professionals
List Price
$132,000
Sold Price
$115,000
Premium/Discount to List
-$17,000
-12.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%
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 Buyer Sale Price Title Company
Cet Properties Llc $136,500 Prairie Land Title
-- $122,500 --
-- $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cet Properties Llc $180,000
Closed Cet Properties Llc $135,000
Closed Cet Properties Llc $116,025
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2021 01/04/21 Sold $136,500 -11.9% $63 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
11/09/2020 11/09/20 Price Changed $155,000 -3.1% $72 / Sq Ft
10/13/2020 10/13/20 For Sale $159,900 +30.5% $74 / Sq Ft
12/30/2015 12/30/15 Sold $122,500 0.0% $38 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $122,500 +6.5% $38 / Sq Ft
12/12/2013 12/12/13 Sold $115,000 -12.9% $35 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $132,000 -- $41 / 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 $4,372 $53,930 $7,251 $46,679
2023 $4,286 $49,935 $6,714 $43,221
2022 $4,113 $47,256 $6,354 $40,902
2021 $3,970 $45,404 $6,105 $39,299
2020 $3,830 $44,910 $6,039 $38,871
2019 $3,191 $44,124 $5,933 $38,191
2018 $3,081 $43,935 $5,908 $38,027
2017 $3,000 $43,260 $5,817 $37,443
2016 $2,896 $42,143 $5,667 $36,476
2015 $3,311 $41,191 $5,539 $35,652
2014 $3,258 $40,848 $5,493 $35,355
2013 $3,209 $41,286 $5,552 $35,734
Source: Public Records

Agents Affiliated with this Home

  • Kyle Killebrew

    Seller's Agent in 2021

    Kyle Killebrew

    The Real Estate Group, Inc.

    (217) 321-8146

    2,047 Total Sales

    Kyle Killebrew
    Section Image
  • Dominic Campo

    Buyer's Agent in 2021

    Dominic Campo

    Campo Realty, Inc.

    (217) 622-5106

    256 Total Sales

    Dominic Campo
    Section Image
  • Jim Fulgenzi

    Seller's Agent in 2015

    Jim Fulgenzi

    RE/MAX Professionals

    (217) 341-5393

    757 Total Sales

    Jim Fulgenzi
    Section Image
  • Ronald Duff

    Seller's Agent in 2013

    Ronald Duff

    RE/MAX Professionals

    (217) 652-6025

    172 Total Sales

    Ronald Duff
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1003119

RMLS Alliance

APN: 22-08.0-426-035

Illinois Sangamon County Springfield 62704

3243 S Douglas Ave, Springfield, IL

This home is located at 3243 S Douglas Ave, Springfield, IL 62704 since 13 October 2020 and is currently estimated at $181,886, approximately $84 per square foot. This property was built in 1977. 3243 S Douglas Ave is a home located in Sangamon County with nearby schools including Southern View Elementary School, Jefferson Middle School, and Springfield Southeast 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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