NOT LISTED FOR SALE

401 & 407 N 5th St Springfield, IL 62702

Studio
-- Bath
-- Sq Ft
0.32 Acres Lot

Sale Details

Date Sold: April 1, 2022

Last sale price $190,000

1562 Days on Market

About This Home

As of April 2022

Paved parking lot at the corner of 5th Street and Mason92.67 ft x 152 ft (+ 14,086 Sq. Ft.)45 plus parking spacesZoning: S-3 Central Shopping District (includes all uses in S-1 and S-2)Central to Memorial Medical Center and St. Johns HospitalOwner can give possession May 1st, 2018Currently used as parking lot for Prairie Educational Research CenterTotal 2018 Real Estate Taxes: $3,675.74* Listing Broker has financial interest in property**SOME CAR INFORMATION REQUIRED ON THIS LISTING SHEET MAY NOT BE ACCURTE. CONTACT LISTING AGENT WITH QUESTIONS**

Last Agent to Sell the Property

Sam Nichols

True Commercial Real Estate License #471000181 Listed on: 10/04/2017

Last Buyer's Agent

Sam Nichols

True Commercial Real Estate License #471000181 Listed on: 10/04/2017

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,792

Lot Details

  • 0.32

Property Details

Property Type

Other

Est. Annual Taxes

$3,792

Lot Details

0.32 Acres

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Land & Farm
  • Special Features: None
  • Property Sub Type: Other

Utilities

  • Utilities On-site: Other Utilities
  • Water Supply: Other Water Supply

Lot Info

  • Estimated Number of Acres: 0.32
  • Zoning: S-3
  • Easements Restrictions: Unknown
  • Land Description: Level, Other Land Description
  • Property Type Use: Commercial, Other Property Type/Use
  • Geo Subdivision: IL

Rental Info

  • Lease Dollar Sq Ft: 2

Tax Info

  • Annual Taxes: 3792

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Apr 1, 2022
Sold by
Nichols Armstrong Partnership
Bought by
Capstone Opportunity Fund Llc
Seller's Agent
Sam Nichols
True Commercial Real Estate
Buyer's Agent
Sam Nichols
True Commercial Real Estate
List Price
$210,000
Sold Price
$190,000
Premium/Discount to List
-$20,000
-9.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.89%
Mortgage Type
Construction

Purchase Details

Closed on
May 17, 2012

Purchase Details

Closed on
Mar 3, 2000
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Capstone Opportunity Fund Llc $190,000 Fernandes David A
-- -- --
-- $160,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed Capstone Opportunity Fund Llc $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $190,000 -9.5% --
01/14/2021 01/14/21 For Sale $210,000 +10.5% --
10/04/2019 10/04/19 Off Market $190,000 -- --
10/04/2017 10/04/17 For Sale $210,000 -- --
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 $2,541 $30,247 $30,247 $0
2023 $2,443 $27,628 $27,628 $0
2022 $2,348 $26,208 $26,208 $0
2021 $2,271 $25,227 $25,227 $0
2020 $2,226 $25,265 $25,265 $0
2019 $2,184 $25,177 $25,177 $0
2018 $2,118 $25,063 $25,063 $0
2017 $2,074 $24,739 $24,739 $0
2016 $2,033 $24,378 $24,378 $0
2015 $2,013 $24,087 $24,087 $0
2014 $1,983 $23,931 $23,931 $0
2013 $1,939 $23,931 $23,931 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA176696

RMLS Alliance

APN: 14-27.0-309-049

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