NOT LISTED FOR SALE

3516 Sherman St Unit 1 Springfield, IL 62703

Estimated Value: $104,000 - $108,000

2 Beds
1 Bath
1,000 Sq Ft
$106/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $63,000 $63 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $802/month

15 Days on Market

Highlights

  • Patio
  • Ceiling Fan
  • Garage
  • Bungalow

About This Home

As of March 2021

This 2 bed, 1 bath Bungalow home is loaded with potential! Conveniently located in Laketown close to shopping, schools, bus stops and parks. Open-Concept Living Room/Kitchen. Hardwood flooring in the living room and second bedroom. Master suite upstairs, including a "landing" room immediately before the bedroom suitable for an office/nursery/lounge. The full, unfinished basement adds ample storage space and if finished, would add additional living space to the home! Detached 1-car Garage. HVAC (2017). Partially fenced-in yard and concrete patio out back, great for entertaining. Seller is willing to negotiate a Home Warranty package. Schedule your showing today!

Last Agent to Sell the Property

Randy Aldrich

The Real Estate Group, Inc. License #475105744 Listed on: 02/03/2021

The Real Estate Group, Inc.

Last Buyer's Agent

KATHY GARST

The Real Estate Group, Inc. License #475121251

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,664

Lot Details

  • 7,144

Parking

  • Garage

Home Design

  • Bungalow

Interior Spaces

  • 1 Full Bathroom
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Outdoor Features

  • Patio

Schools

  • Laketown Elementary School

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,664

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Legal Description: L 188 SOUTHLAWN 2ND PLAT SE NW 14-15-5
  • Lvt Date: 02/03/2021
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Hood/Fan, Refrigerator, Range/Oven
  • Interior Amenities: Ceiling Fan
  • Total Bathrooms: 1
  • Total Full Baths: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 2
  • Master Bedroom: Dimensions: 12x10, On Level: Upper, Flooring: Carpet
  • Basement Foundation: Full, Poured, Unfinished
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 13.9x9.3, On Level: Main, Flooring: Hardwood
  • Bedroom 2 Egress Window: Yes
  • Kitchen: Dimensions: 11.5x9.7, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Dining/Living Combo
  • Living Room: Dimensions: 16.3x11.5, On Level: Main, Flooring: Hardwood
  • Total Basement Sq Ft: 700
  • Additional Room 1: Dimensions: 8x12, On Level: Upper, Flooring: Carpet
  • Price Per Sq Ft: 63
  • Finished Sq Ft: 1000
  • Total Sq Ft: 1000
  • Finished Main Level Sq Ft: 700
  • Upper Level Finished Sq Ft: 300

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Patio
  • Road Access: Paved, Shared Access
  • Roofing: Shingles

Garage/Parking

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

Utilities

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

Schools

  • Elementary School: Laketown
  • Middle School: Jefferson
  • High School: Springfield Southeast
  • Elementary School: Laketown

Lot Info

  • Estimated Lot Size: Irregular, See Plat Map
  • Subdivision: Laketown
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 1664.24
  • Parcel Id Number Tax Id: 22-14.0-178-017
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2020

MLS Schools

  • High School School District: Springfield Southeast
  • Middle School: Jefferson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2023
Sold by
Hess Mackenzie S
Bought by
Davidsmeyer John R
Current Estimated Value
$106,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,850
Outstanding Balance
$58,251
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$48,243

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 25, 2021
Sold by
Noe Gasca
Bought by
Davidsmeyer John R and Hess Mackenzie S
Seller's Agent
Randy Aldrich
The Real Estate Group, Inc.
Buyer's Agent
KATHY GARST
The Real Estate Group, Inc.
List Price
$67,500
Sold Price
$63,000
Premium/Discount to List
-$4,500
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.18%
Original Mortgage
$59,850
Interest Rate
2.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2015
Closed on
Aug 21, 2015
Seller's Agent
MICHELLE HOUSE
The Real Estate Group, Inc.
Buyer's Agent
Kathy Tega
The Real Estate Group, Inc.
List Price
$65,000
Sold Price
$64,000
Premium/Discount to List
-$1,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.28%

Purchase Details

Closed on
May 22, 2001

Purchase Details

Closed on
Dec 23, 1997
Source: Public Records

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Range of Values:

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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
Davidsmeyer John R -- None Listed On Document
Davidsmeyer John R $63,000 Prairie Land Title
-- $64,000 --
-- $55,500 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidsmeyer John R $59,850
Previous Owner Davidsmeyer John R $59,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $63,000 -6.7% $63 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $67,500 +5.5% $68 / Sq Ft
08/26/2015 08/26/15 Sold $64,000 -1.5% $64 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
07/14/2015 07/14/15 For Sale $65,000 -- $65 / 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 $2,525 $32,939 $7,158 $25,781
2023 $2,485 $30,499 $6,628 $23,871
2022 $2,386 $28,862 $6,272 $22,590
2021 $1,805 $27,730 $6,026 $21,704
2020 $1,735 $27,428 $5,960 $21,468
2019 $1,664 $26,949 $5,856 $21,093
2018 $1,606 $26,834 $5,831 $21,003
2017 $1,560 $26,421 $5,741 $20,680
2016 $1,501 $25,739 $5,593 $20,146
2015 $1,463 $25,158 $5,467 $19,691
2014 $1,434 $24,948 $5,421 $19,527
2013 $1,418 $25,215 $5,479 $19,736
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1004897

RMLS Alliance

APN: 22-14.0-178-017