NOT LISTED FOR SALE

408 E Kern St Unit 1 Springfield, IL 62703

Estimated Value: $101,000 - $122,000

3 Beds
1 Bath
1,153 Sq Ft
$98/Sq Ft Est. Value

Last Sold November 21, 2022

Last sale price $75,900 $66 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $846/month

25 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Porch
  • No HOA
  • 1 Car Detached Garage
  • Bungalow

About This Home

As of November 2022

Adorable three bed, one bath bungalow in Southern View. It features a spacious living room and galley kitchen connected to a formal dining room. Laundry on the main floor and plenty of extra storage in the basement. Enjoy the plentiful yard space to relax or entertain in both the front and back plus a detached garage. This property is conveniently located minutes from grocery stores, parks, interstate access and downtown amenities.

Last Agent to Sell the Property

Clayton Yates

The Real Estate Group, Inc. License #475160796 Listed on: 10/05/2022

The Real Estate Group, Inc.

Last Buyer's Agent

Steve Contri

RE/MAX Professionals License #475086430

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,230

Lot Details

  • Lot Dimensions are 40x168
  • Fenced Yard

Parking

  • 1 Car Detached Garage

Home Design

  • Bungalow
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,153 Sq Ft Home
  • Partial Basement
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Schools

  • Southern View Elementary School
  • Jefferson Middle School
  • Springfield Southeast High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 22-09.0-480-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,230

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • New Construction: No
  • PricePerSqFt: 65.83
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Range/Oven, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1153
  • KitchenDining: Dining Formal,Galley

Exterior Features

  • Lot Features: Other
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Fenced Yard, Porch
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

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

Utilities

  • Heating: Gas, Forced Air, Central
  • Water Source: Public, Public Sewer
  • NumberOfGarageRemotes: 1
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • Elementary School: Southern View
  • High School: Springfield Southeast
  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size: 40X168
  • Parcel #: 22-09.0-480-003

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2230.34
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Nov 21, 2022
Sold by
Lomprez Jacqueline Renee
Bought by
Ideal Rentals Llc
Seller's Agent
Clayton Yates
The Real Estate Group, Inc.
Buyer's Agent
Steve Contri
RE/MAX Professionals
List Price
$105,000
Sold Price
$75,900
Premium/Discount to List
-$29,100
-27.71%
Views
86
Current Estimated Value
$112,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,653
Avg. Annual Appreciation
16.11%
Original Mortgage
$60,720
Outstanding Balance
$59,135
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$57,039

Purchase Details

Closed on
Feb 8, 2007

Purchase Details

Closed on
Sep 5, 1997

Purchase Details

Closed on
Apr 19, 1996
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
Ideal Rentals Llc $75,900 --
-- $82,500 --
-- $55,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ideal Rentals Llc $60,720
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $75,900 -5.0% $66 / Sq Ft
10/30/2022 10/30/22 Pending -- -- --
10/19/2022 10/19/22 Price Changed $79,900 -16.3% $69 / Sq Ft
10/10/2022 10/10/22 Price Changed $95,500 -9.0% $83 / Sq Ft
10/05/2022 10/05/22 For Sale $105,000 -- $91 / 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 $3,029 $36,590 $5,532 $31,058
2023 $2,970 $33,879 $5,122 $28,757
2022 $2,316 $32,061 $4,847 $27,214
2021 $2,230 $30,804 $4,657 $26,147
2020 $2,147 $30,469 $4,606 $25,863
2019 $2,063 $29,936 $4,525 $25,411
2018 $1,989 $29,808 $4,506 $25,302
2017 $1,846 $28,276 $4,437 $23,839
2016 $1,777 $27,546 $4,322 $23,224
2015 $1,733 $26,924 $4,224 $22,700
2014 $1,701 $26,700 $4,189 $22,511
2013 $1,680 $26,986 $4,234 $22,752
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1018426

RMLS Alliance

APN: 22-09.0-480-003