NOT LISTED FOR SALE

425 N Grand Ave E Springfield, IL 62702

Lincoln Park Neighborhood

Estimated Value: $389,344

Studio
-- Bath
3,200 Sq Ft
$122/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $262,000 $82 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $2,768/month

93 Days on Market

About This Home

As of January 2022

Great corner location with over 1/2 acre! 5th & North Grand with a daily traffic count of 17,600. Roof was replaced in 2000, sewer & grease trap were replaced in 2010, most of the equipment in the kitchen and bar area new in 2010. Restaurant seats 84 people and has 37 parking spaces including 2 handicap spaces. Property is zoned S-3 (the ultimate zoning), includes restaurant, residential, small office, all types of retail and can apply for liquor license. Selling as-is - Inspections welcome.

Last Agent to Sell the Property

Bill Marriott

The Real Estate Group, Inc. License #475116051 Listed on: 08/25/2021

The Real Estate Group, Inc.

Last Buyer's Agent

Jerry George

The Real Estate Group, Inc. License #475159363

The Real Estate Group, Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,025

Lot Details

  • 0.57

Property Details

Property Type

Other

Est. Annual Taxes

$6,025

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Bar/Tavern, Office, Other, Restaurant, Retail
  • Lvt Date: 08/26/2021
  • Bar: Yes
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Total Building Sq Ft: 3188

Lot Info

  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 6025
  • Parcel Id Number Tax Id: 14-22.0-354-043
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2018
Sold by
Sandoval John A
Bought by
425 North Grand Llc
Current Estimated Value
$389,344

Purchase Details

Closed on
Aug 26, 2013

Purchase Details

Closed on
Apr 10, 1995
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
425 North Grand Llc -- Williams Mcdaniel Pllc
-- -- --
-- $165,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/28/2022 01/28/22 Sold $262,000 -24.9% $82 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
08/25/2021 08/25/21 For Sale $349,000 +74.5% $109 / Sq Ft
09/22/2017 09/22/17 Sold $200,000 -33.1% $66 / Sq Ft View Prior Sale
08/15/2017 08/15/17 Pending -- -- --
10/27/2015 10/27/15 For Sale $299,000 -- $99 / 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 $8,787 $104,610 $75,110 $29,500
2023 $8,448 $95,552 $68,606 $26,946
2022 $6,955 $77,620 $65,079 $12,541
2021 $6,148 $68,301 $62,643 $5,658
2020 $6,025 $68,403 $62,737 $5,666
2019 $5,914 $68,164 $62,518 $5,646
2018 $5,791 $68,540 $62,184 $6,356
2017 $8,138 $97,082 $61,380 $35,702
2016 $7,978 $95,666 $60,485 $35,181
2015 $7,901 $94,522 $59,762 $34,760
2014 $7,783 $93,912 $59,376 $34,536
2013 $7,609 $93,912 $59,376 $34,536
Source: Public Records

Agents Affiliated with this Home

  • Bill Marriott

    Seller's Agent in 2022

    Bill Marriott

    The Real Estate Group, Inc.

    (217) 741-0198

    1 in this area

    28 Total Sales

    Bill Marriott
    Section Image
  • Jerry George

    Buyer's Agent in 2022

    Jerry George

    The Real Estate Group, Inc.

    (217) 638-1360

    6 in this area

    893 Total Sales

    Jerry George
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1009479

RMLS Alliance

APN: 14-22.0-354-043

Illinois Sangamon County Springfield 62702 Lincoln Park

425 N Grand Ave E, Springfield, IL

Not Listed for Sale

Other

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.

RMLS Alliance 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.

Nearby Homes