KIM SILTMAN
RE/MAX Professionals
(217) 993-8766
43 Total Sales
1 in Vinegar Hill
$128,500 Price
404 W Washington St Springfield, IL 62702
Vinegar Hill NeighborhoodEstimated Value: $134,000 - $148,597
Studio
--
Bath
2,342
Sq Ft
$60/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Springfield High School Rated A-
- Level Lot
About This Home
As of May 2023If you're looking for an investment property in downtown Springfield, Illinois, this duplex at 404 West Washington is a great option. This property is in a prime location, with easy access to local shops, restaurants, and other amenities. The upper level of the duplex features four bedrooms and one bathroom, and was previously rented for $1388 per month. Currently, the unit is vacant, which presents a unique opportunity for the new owner to set their own rental rates and find a new tenant. The lower level unit is currently occupied and rents for $475 per month, providing a steady source of rental income. As the owner, you'll be responsible for paying for water, garbage, and mowing, making this property an easy and low-maintenance investment. The property also boasts a charming exterior with a covered porch and plenty of curb appeal. Overall, this duplex at 404 West Washington is a great investment opportunity in a desirable location with strong rental potential. Whether you're a seasoned investor or just starting out, this property is definitely worth considering. Don't miss out on your chance to own a valuable asset in the heart of downtown Springfield.
Last Agent to Sell the Property
The Real Estate Group, Inc. License #475159363 Listed on: 03/17/2023
Last Buyer's Agent
The Real Estate Group, Inc. License #475159363 Listed on: 03/17/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,261
Lot Details
- Lot Dimensions are 116x40
- Level Lot
Parking
- 4 Parking Spaces
Home Design
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 2,342 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Schools
- Springfield District #186 High School
Utilities
- Forced Air Heating System
- Window Unit Heating System
- Heating System Uses Gas
Community Details
- Trash Expense $24
Listing and Financial Details
- Assessor Parcel Number 14-33.0-203-007
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2023
Closed on
May 22, 2023
Sold by
Bought by
Seller's Agent
Jerry George
The Real Estate Group, Inc.
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,399
Avg. Annual Appreciation
5.16%
Original Mortgage
$90,000
Outstanding Balance
$87,295
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$54,104
Purchase Details
Listed on
Oct 5, 2020
Closed on
May 10, 2021
Sold by
Bought by
Seller's Agent
KAYE BRITTIN
RE/MAX Professionals
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$88,000
Sold Price
$85,000
Premium/Discount to List
-$3,000
-3.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.62%
Original Mortgage
$68,000
Interest Rate
4.59%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 19, 2006
Purchase Details
Closed on
Jan 25, 2002
Purchase Details
Closed on
Jun 8, 1994
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Vinegar Hill, IL
-
KIM SILTMAN
-
Jan Brewer
Jan Brewer
RE/MAX Professionals
(217) 860-0779
116 Total Sales
3 in Vinegar Hill
$115K - $385K Price Range
-
Edward Bowen
Edward Bowen
Keller Williams Capital
(217) 960-8714
88 Total Sales
4 in Vinegar Hill
$96K - $125K Price Range
-
Phil Chiles
Phil Chiles
Keller Williams Capital
(217) 606-8574
232 Total Sales
6 in Vinegar Hill
$69K - $478K Price Range
-
LORI WAGGENER
LORI WAGGENER
The Real Estate Group, Inc.
(217) 290-0145
255 Total Sales
1 in Vinegar Hill
$110,000 Price
-
Julie Davis
Julie Davis
The Real Estate Group, Inc.
(217) 860-0893
449 Total Sales
7 in Vinegar Hill
$46K - $385K Price Range
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 |
|---|---|---|---|
| $120,000 | None Listed On Document | ||
| $85,000 | Illinois Real Estate Title | ||
| -- | -- | ||
| -- | -- | ||
| -- | -- |
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 |
|---|---|---|---|
| Open | $90,000 | ||
| Previous Owner | $68,000 | ||
| Previous Owner | $68,000 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/16/2023 05/16/23 | Sold | $120,000 | -7.7% | $51 / Sq Ft | |
| 03/18/2023 03/18/23 | Pending | -- | -- | -- | |
| 03/17/2023 03/17/23 | For Sale | $130,000 | +52.9% | $56 / Sq Ft | |
| 05/10/2021 05/10/21 | Sold | $85,000 | -3.4% | $36 / Sq Ft | View Prior Sale |
| 04/14/2021 04/14/21 | Pending | -- | -- | -- | |
| 04/09/2021 04/09/21 | For Sale | $88,000 | +3.5% | $38 / Sq Ft | |
| 04/06/2021 04/06/21 | Off Market | $85,000 | -- | -- | |
| 04/05/2021 04/05/21 | Price Changed | $88,000 | -2.2% | $38 / Sq Ft | |
| 11/10/2020 11/10/20 | Price Changed | $90,000 | -5.3% | $38 / Sq Ft | |
| 10/05/2020 10/05/20 | For Sale | $95,000 | -- | $41 / Sq Ft |
Source: RMLS Alliance
Tax 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.
| 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 |
|---|---|---|---|---|
| 2025 | $3,781 | $46,696 | $4,345 | $42,351 |
| 2024 | $3,658 | $43,551 | $4,052 | $39,499 |
| 2023 | $3,517 | $39,780 | $3,701 | $36,079 |
| 2022 | $2,631 | $29,358 | $3,510 | $25,848 |
| 2021 | $1,261 | $20,009 | $3,379 | $16,630 |
| 2020 | $1,136 | $18,898 | $3,384 | $15,514 |
| 2019 | $1,113 | $18,832 | $3,372 | $15,460 |
| 2018 | $1,247 | $20,761 | $3,356 | $17,405 |
| 2017 | $1,215 | $20,493 | $3,313 | $17,180 |
| 2016 | $1,184 | $20,194 | $3,265 | $16,929 |
| 2015 | $1,166 | $19,953 | $3,226 | $16,727 |
| 2014 | $1,146 | $19,824 | $3,205 | $16,619 |
| 2013 | $1,120 | $19,824 | $3,205 | $16,619 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry George
Seller's Agent in 2023
Jerry George
The Real Estate Group, Inc.
(217) 638-1360
17 in this area
889 Total Sales
-
KAYE BRITTIN
Seller's Agent in 2021
KAYE BRITTIN
RE/MAX Professionals
(217) 899-5099
77 Total Sales
Map
Source: RMLS Alliance
MLS Number: CA1021039
APN: 14-33.0-203-007
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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