NOT LISTED FOR SALE

326 W Adams St Springfield, IL 62704

Vinegar Hill Neighborhood

Estimated Value: $94,000 - $123,912

-- Bed
-- Bath
3,098 Sq Ft
$36/Sq Ft Est. Value

Last Sold December 02, 2014

Last sale price $50,000 $16 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $785/month

About This Home

As of December 2014

Investment opportunity close to downtown awaits! Property offered at reasonable price with a nice potential income. All brick building with some newer windows. Hardwood floors. Needs some TLC. Property being sold AS-IS.

Last Agent to Sell the Property

ROBERTA ALDERMAN

The Real Estate Group, Inc. License #475120115 Listed on: 09/10/2014

Last Buyer's Agent

LINDA MAHAN

IN BETWEEN OFFICES License #475095664

Property Details

Home Type

  • Multi-Family

Lot Details

  • 6,316

Basement

  • Brick Basement

Schools

  • Springfield District #186 High School

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Other Style
  • Legal Description: L 7 E. ILES SUB L 4 IN HIS ADDN OF OUT LOTS
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 3
  • Number of Ranges: 4
  • Number Refrigerators: 4
  • Number Washers: 3
  • Basement: Brick
  • Price Per Sq Ft: 16.14
  • Total Sq Ft: 3098

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Garage Parking: Parking Slab
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Gas, Window Units, Other Mechanics
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 720
  • Garbage Collection Exp: 780
  • Gas Expense: 900
  • Laundry Facilities: Common
  • Water Sewer Expenses: 900
  • Number Window Units: 4

Schools

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

Lot Info

  • Estimated Lot Size: 40 X 157
  • Zoning: R5

Rental Info

  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 2750
  • Parcel Id Number Tax Id: 14330229001
  • Tax Year: 2013

Multi Family

  • Total Number Units: 4
  • Gross Annual Income: 24000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2014
Closed on
Dec 2, 2014
Seller's Agent
ROBERTA ALDERMAN
The Real Estate Group, Inc.
Buyer's Agent
LINDA MAHAN
IN BETWEEN OFFICES
List Price
$84,900
Sold Price
$50,000
Premium/Discount to List
-$34,900
-41.11%
Current Estimated Value
$111,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,429
Avg. Annual Appreciation
7.63%

Purchase Details

Closed on
Jul 22, 2014

Purchase Details

Closed on
Oct 8, 2013

Purchase Details

Closed on
Mar 30, 2005

Purchase Details

Closed on
Mar 1, 2005

Purchase Details

Closed on
Apr 29, 2003

Purchase Details

Closed on
Nov 11, 2002

Purchase Details

Closed on
Sep 26, 2000
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
-- $50,000 --
-- -- --
-- -- --
-- $60,000 --
-- -- --
-- -- --
-- -- --
-- $58,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2014 12/02/14 Sold $50,000 -41.1% $16 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $84,900 -- $27 / 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 $2,418 $28,788 $23,355 $5,433
2023 $2,325 $26,296 $21,333 $4,963
2022 $2,235 $24,944 $20,236 $4,708
2021 $2,161 $24,010 $19,478 $4,532
2020 $2,118 $24,046 $19,507 $4,539
2019 $2,079 $23,962 $19,439 $4,523
2018 $1,905 $22,547 $14,221 $8,326
2017 $1,866 $22,255 $14,037 $8,218
2016 $1,829 $21,930 $13,832 $8,098
2015 $1,811 $21,668 $13,667 $8,001
2014 $2,813 $40,171 $32,222 $7,949
2013 $2,750 $33,946 $32,222 $1,724
Source: Public Records

Agents Affiliated with this Home

  • ROBERTA ALDERMAN

    Seller's Agent in 2014

    ROBERTA ALDERMAN

    The Real Estate Group, Inc.

    (217) 414-5651

    111 Total Sales

    ROBERTA ALDERMAN
    Section Image

  • L

    Buyer's Agent in 2014

    LINDA MAHAN

    IN BETWEEN OFFICES

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMACA144934

RMLS Alliance

APN: 14-33.0-229-001

Illinois Sangamon County Springfield 62701 Vinegar Hill

326 W Adams St, Springfield, IL

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