NOT LISTED FOR SALE

405 Federal Way Springfield, IL 62702

Estimated Value: $95,000 - $128,722

3 Beds
1.5 Baths
1,500 Sq Ft
$72/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $95,000 $63 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $794/month

1 Day on Market

Highlights

  • No HOA
  • Porch
  • Ceiling Fan
  • Fenced Yard
  • 1 Car Attached Garage
  • Level Lot

About This Home

As of March 2023

Welcome to 405 Federal Way! Walk in to your open concept main level with a nice sized kitchen, tons of cabinets, a breakfast bar, entrance to your garage and a big half bath. Enjoy family time in your living room and dinning room with access to the massive backyard! Your backyard is ready for summer BBQ's, a nice fire on a cool night, room for a pool, yard games and more. Head upstairs where you will find your bedrooms for the family and a full bathroom with lots of space. The basement is unfinished and ready for you to put your touches on it! This could be finished to add another family room, another bedroom, office, game room, or whatever your heart desires.

Last Agent to Sell the Property

Kim Wenda

RE/MAX Professionals License #475126447 Listed on: 02/27/2023

RE/MAX Professionals

Last Buyer's Agent

Kim Wenda

RE/MAX Professionals License #475126447 Listed on: 02/27/2023

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,088

Year Built

  • Built in 2000

Lot Details

  • Lot Dimensions are 148x55
  • Fenced Yard
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Range Hood

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Porch

Schools

  • Lanphier High School

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 14-26.0-350-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,088

Year Built

Built in 2000

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2000
  • Architectural Style: Two Story
  • New Construction: No
  • PricePerSqFt: 63.33
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Hood/Fan, Range/Oven, Refrigerator
  • Basement: Full, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Cable Available, Ceiling Fan(s)
  • Living Area: 1500
  • TotalBasementSqFt: 750
  • KitchenDining: Breakfast Bar,Dining Informal,Dining/Living Combo,Pantry

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Fenced Yard, Porch
  • Foundation Details: Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1
  • Parking Features: Attached

Utilities

  • Heating: Gas, Gas Water Heater, Central Air
  • Water Source: Public, Public Sewer, Sump Pump
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Lanphier High School

Lot Info

  • Lot Size: 148x55
  • Parcel #: 14-26.0-350-023

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2087.94
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Mar 27, 2023
Sold by
Smith William C and Smith Denise D
Bought by
Altig Gary K Lomprez
Seller's Agent
Kim Wenda
RE/MAX Professionals
Buyer's Agent
Kim Wenda
RE/MAX Professionals
List Price
$105,000
Sold Price
$95,000
Premium/Discount to List
-$10,000
-9.52%
Views
77
Current Estimated Value
$107,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,851
Avg. Annual Appreciation
5.90%
Original Mortgage
$85,500
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2004

Purchase Details

Closed on
Nov 14, 2003

Purchase Details

Closed on
Oct 1, 2003
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
Altig Gary K Lomprez $95,000 --
-- $85,000 --
-- -- --
-- $85,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lomprez Altig Gary K $86,000
Closed Altig Gary K Lomprez $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2023 03/27/23 Sold $95,000 -9.5% $63 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $105,000 -- $70 / 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 $2,437 $35,009 $5,463 $29,546
2023 $2,297 $31,978 $4,990 $26,988
2022 $2,180 $30,333 $4,733 $25,600
2021 $2,088 $29,197 $4,556 $24,641
2020 $2,047 $29,241 $4,563 $24,678
2019 $2,007 $29,139 $4,547 $24,592
2018 $2,215 $32,213 $4,527 $27,686
2017 $2,162 $31,796 $4,468 $27,328
2016 $2,113 $31,332 $4,403 $26,929
2015 $2,086 $30,957 $4,350 $26,607
2014 $2,052 $30,757 $4,322 $26,435
2013 $2,006 $30,757 $4,322 $26,435
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1020679

RMLS Alliance

APN: 14-26.0-350-023