NOT LISTED FOR SALE

3507 Lancaster Rd Unit 1 Springfield, IL 62703

Estimated Value: $120,000 - $156,000

3 Beds
1 Bath
1,008 Sq Ft
$135/Sq Ft Est. Value

Last Sold September 22, 2017

Last sale price $52,500 $52 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $870/month

21 Days on Market

About This Home

As of September 2017

Nice ranch style home located in Lakelawn area with convenient access to Lake Springfield, Lincoln Land Community College, UIS, interstates and all local amenities. Home offers a bright living room, a kitchen with dining area, three bedrooms and a full bath. Other amenities include large basement with plenty of storage and 2c detached garage. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Stephanie Do

Do Realty Services, Inc. License #471000834 Listed on: 08/10/2017

Last Buyer's Agent

Stephanie Do

Do Realty Services, Inc. License #471000834 Listed on: 08/10/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,697

Year Built

  • Built in 1955

Lot Details

  • 5,750

Home Design

  • Ranch Style House

Additional Features

  • 1 Full Bathroom
  • Deck

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,697

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Unit Style: 1-Level
  • Legal Description: CHAS. S. WANLESS LAKELAWN 3RD PLAT L 105
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 10.5x11.5, On Level: Main, Flooring: Carpet
  • Basement Foundation: Full, Unfinished
  • Bedroom 2: Dimensions: 9x10.5, On Level: Main, Flooring: Carpet
  • Bedroom 3: Dimensions: 8x9.8, On Level: Main, Flooring: Carpet
  • Formal Dining Room: Dimensions: 11.5x14.3, On Level: Main, Flooring: Vinyl
  • Kitchen: Dimensions: 8x10.9, On Level: Main, Flooring: Vinyl
  • Laundry: On Level: Basement
  • Living Room: Dimensions: 12x18, On Level: Main, Flooring: Carpet
  • Total Basement Sq Ft: 1008
  • Price Per Sq Ft: 52.08
  • Finished Sq Ft: 1008
  • Total Sq Ft: 1008
  • Finished Main Level Sq Ft: 1008

Exterior Features

  • Exterior: Aluminum Siding
  • Exterior Amenities: Deck

Garage/Parking

  • Garage Parking: Detached
  • Number Cars: 2

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Water Sewer: Public Water, Public Sewer
  • Utility Companies: Cityville,Ameren Illinois

Lot Info

  • Estimated Lot Size: 60x100
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 1697
  • Parcel Id Number Tax Id: 22140255025
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2016

MLS Schools

  • High School School District: Springfield District #186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2019
Sold by
Johnson Kate N
Bought by
Hager Payden
Current Estimated Value
$135,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,087
Outstanding Balance
$58,717
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$77,059

Purchase Details

Listed on
Aug 10, 2017
Closed on
Sep 25, 2017
Sold by
Fannie Mae
Bought by
Hager Payden
Seller's Agent
Stephanie Do
Do Realty Services, Inc.
Buyer's Agent
Stephanie Do
Do Realty Services, Inc.
List Price
$54,900
Sold Price
$52,500
Premium/Discount to List
-$2,400
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.95%
Original Mortgage
$66,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 10, 2017
Closed on
Sep 22, 2017
Sold by
Payden Hager
Bought by
Hager Payden and Johnson Kate N
Seller's Agent
Stephanie Do
Do Realty Services, Inc.
Buyer's Agent
Stephanie Do
Do Realty Services, Inc.
List Price
$54,900
Sold Price
$52,500
Premium/Discount to List
-$2,400
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 10, 2017
Closed on
Aug 2, 2017
Sold by
Sheriff Of Sangamon County
Bought by
Federal National Mortgage Asso
Seller's Agent
Stephanie Do
Do Realty Services, Inc.
Buyer's Agent
Stephanie Do
Do Realty Services, Inc.
List Price
$54,900
Sold Price
$52,500
Premium/Discount to List
-$2,400
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 6, 2017
Sold by
Sheriff Of Sangamon County
Bought by
Marine Bank Springfield

Purchase Details

Closed on
Dec 28, 2004
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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Purchase History

Date Buyer Sale Price Title Company
Hager Payden -- --
Hager Payden -- Stuart M Kessler Pc
Hager Payden -- Delano Law Offices Llc
Federal National Mortgage Asso -- Brown Hay & Stephens Llp
Marine Bank Springfield -- Brown Hay & Stephens Llp
-- $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hager Payden $67,087
Previous Owner Hager Payden $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2017 09/22/17 Sold $52,500 -4.4% $52 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/10/2017 08/10/17 For Sale $54,900 -- $54 / Sq Ft
Source: RMLS Alliance

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 $1,967 $31,655 $8,946 $22,709
2023 $2,388 $29,310 $8,283 $21,027
2022 $2,624 $31,750 $7,839 $23,911
2021 $2,534 $30,506 $7,532 $22,974
2020 $2,444 $30,174 $7,450 $22,724
2019 $2,355 $29,647 $7,320 $22,327
2018 $2,276 $29,520 $7,289 $22,231
2017 $1,763 $29,067 $7,177 $21,890
2016 $1,697 $28,317 $6,992 $21,325
2015 $1,656 $27,678 $6,834 $20,844
2014 $1,624 $27,447 $6,777 $20,670
2013 $1,604 $27,741 $6,850 $20,891
Source: Public Records

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Map

Source: RMLS Alliance

MLS Number: RMACA175424

RMLS Alliance

APN: 22-14.0-255-025

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