NOT LISTED FOR SALE

407 W Mason St Springfield, IL 62702

Oak Ridge Neighborhood

Estimated Value: $92,000 - $127,859

3 Beds
2 Baths
1,433 Sq Ft
$75/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $81,000 $57 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $728/month

12 Days on Market

Highlights

  • Fenced Yard
  • Porch
  • Ceiling Fan
  • Springfield High School Rated A-
  • Patio

About This Home

As of June 2022

Cozy 1.5 story home in the heart of Springfield, just minutes from everything in town! Your eyes will deceive you as you step up to an inviting front porch - you'll find it has much more space than it appears upon first glance! Upon entry you'll be welcomed by living & family rooms separated by charming archway & from there a formal dining room that leads to a spacious kitchen with newer flooring & ample cabinetry & counterspace. Enjoy three bedrooms total; find one on the main floor and two upstairs. You'll find a big main level bath & an extra full bath downstairs is one less project if you decide to finish more square footage downstairs. Conveniently located near the medical district & minutes from interstate access this home easily serves as income property & was previously rented for $850/per month w/tenant covering utilities & lawn maintenance. Lots of space & some solid updating make it affordable for the owner occupant buyer & desirable to the investor!

Last Agent to Sell the Property

Kyle Killebrew

The Real Estate Group, Inc. License #475109198 Listed on: 04/12/2022

The Real Estate Group, Inc.

Last Buyer's Agent

Landon Page

The Orchid Group Inc. License #475136624

The Orchid Group Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 1920

Lot Details

  • 6,360

Home Design

  • Frame Construction

Interior Spaces

  • 2 Full Bathrooms
  • 1.5-Story Property
  • Ceiling Fan
  • Range Hood

Outdoor Features

  • Patio
  • Porch

Additional Features

  • Fenced Yard
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,402

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1.5 Story
  • Legal Description: L4 Benj. McIntire Sub L5 P.P. Enos Sub Land #2
  • Lvt Date: 04/14/2022
  • Year Built: 1920
  • Conversion: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Hood/Fan
  • Interior Amenities: Cable Tv Available, Ceiling Fan
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Number of Full Bathrooms in the Basement: 1
  • Number of Main Level Full Bathrooms: 1
  • Bedrooms: 3
  • Master Bedroom: Dimensions: 12x11, On Level: Main, Flooring: Carpet
  • Basement Foundation: Concrete, Egress Window, Full
  • Bathroom Master Bedroom: None
  • Bedroom 2: Dimensions: 10x11, On Level: Upper, Flooring: Carpet
  • Bedroom 3: Dimensions: 10x11, On Level: Upper, Flooring: Carpet
  • Family Room: Dimensions: 10.4x10.1, On Level: Main, Flooring: Laminate
  • Formal Dining Room: Dimensions: 12.7x11.1, On Level: Main, Flooring: Laminate
  • Kitchen: Dimensions: 12.4x18.4, On Level: Main, Flooring: Luxury Vinyl Plank
  • Kitchen Dining: Dining Formal, Eat-In Kitchen
  • Laundry: On Level: Basement, Flooring: Other
  • Living Room: Dimensions: 10.4x12.7, On Level: Main, Flooring: Laminate
  • Total Basement Sq Ft: 1041
  • Price Per Sq Ft: 56.52
  • Finished Sq Ft: 1433
  • Total Sq Ft: 1433
  • Finished Main Level Sq Ft: 1041
  • Upper Level Finished Sq Ft: 392

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Fenced Yard, Patio, Porch
  • Road Access: Curbs & Gutters, Paved
  • Roofing: Shingles
  • Construction Type: Frame

Garage/Parking

  • Garage Parking: On Street Parking

Utilities

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

Lot Info

  • Estimated Lot Size: 40x159
  • Lot Description: Level
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 1402
  • Parcel Id Number Tax Id: 14-28.0-405-022
  • Tax Year: 2020

MLS Schools

  • High School School District: Springfield District #186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
Jun 6, 2022
Sold by
Tayseer Rehan
Bought by
K & J L Properties Llc
Seller's Agent
Kyle Killebrew
The Real Estate Group, Inc.
Buyer's Agent
Landon Page
The Orchid Group Inc.
List Price
$85,000
Sold Price
$81,000
Premium/Discount to List
-$4,000
-4.71%
Current Estimated Value
$107,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,715
Avg. Annual Appreciation
8.22%
Original Mortgage
$64,500
Outstanding Balance
$61,280
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$46,435
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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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
K & J L Properties Llc $81,000 Barber Segatto Hoffee Wilke &
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open K & J L Properties Llc $64,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2022 06/07/22 Sold $81,000 -4.7% $57 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $85,000 -- $59 / 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 $1,972 $23,476 $2,786 $20,690
2023 $1,896 $21,443 $2,545 $18,898
2022 $1,823 $20,340 $2,414 $17,926
2021 $1,431 $15,900 $2,324 $13,576
2020 $1,403 $15,923 $2,327 $13,596
2019 $1,377 $15,868 $2,319 $13,549
2018 $1,484 $17,561 $2,308 $15,253
2017 $1,453 $17,334 $2,278 $15,056
2016 $1,425 $17,081 $2,245 $14,836
2015 $1,411 $16,877 $2,218 $14,659
2014 $1,390 $16,768 $2,204 $14,564
2013 $1,359 $16,768 $2,204 $14,564
Source: Public Records

Agents Affiliated with this Home

  • Kyle Killebrew

    Seller's Agent in 2022

    Kyle Killebrew

    The Real Estate Group, Inc.

    (217) 321-8210

    23 in this area

    1,980 Total Sales

    Kyle Killebrew
    Section Image

  • L

    Buyer's Agent in 2022

    Landon Page

    The Orchid Group Inc.

    1 in this area

    15 Total Sales

    Landon Page
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1013585

RMLS Alliance

APN: 14-28.0-405-022

Illinois Sangamon County Springfield 62702 Oak Ridge

407 W Mason St, Springfield, IL

Not Listed for Sale

Detached

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