NOT LISTED FOR SALE
3 Beds
2 Baths
7,500 Sq Ft
7,579 Sq Ft Lot

Last Sold October 30, 2019

Last sale price $60,000 $8 Per Sq Ft

About This Home

As of October 2019

This home is located at 427 S Grand Ave W, Springfield, IL 62704 since 01 October 2019. This property was built in 1950. 427 S Grand Ave W is a home located in Sangamon County with nearby schools including Elizabeth Graham Elementary School, Benjamin Franklin Middle School, and Springfield High School.

Last Agent to Sell the Property

John Bavetta

RE/MAX Professionals License #475099355 Listed on: 10/01/2019

RE/MAX Professionals

Last Buyer's Agent

Jim Skeeters

Keller Williams Capital License #475097981

Keller Williams Capital

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 7,579

Basement

  • Partial Basement

Schools

  • Springfield District #186 High School

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: L 21 B 4 Mendenhall Matheny & Turneys Add
  • Lvt Date: 10/02/2019
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Price Per Sq Ft: 8
  • Total Sq Ft: 7500

Exterior Features

  • Exterior: Brick

Garage/Parking

  • Number Parking Spaces: 12

Utilities

  • Heating Cooling: Hot Water, Window Units
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 1000
  • Gas Expense: 600

Schools

  • High School: Springfield District #186
  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 40 x 150
  • Lot Description: Level
  • Zoning: R4
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 5014.44
  • Parcel Id Number Tax Id: 14330456025
  • Tax Year: 2018

Multi Family

  • Total Number Units: 8
  • Total Number Central Air Units: 8
  • Total Number Electric Meters: 7
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Oct 15, 2019
Sold by
Dmj Capitol Group Llc I
Bought by
Jj4 Properties Llc
Seller's Agent
John Bavetta
RE/MAX Professionals
Buyer's Agent
Jim Skeeters
Keller Williams Capital
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 4, 2012
Closed on
Aug 29, 2012
Seller's Agent
Chrissie Moran
The Real Estate Group, Inc.
Buyer's Agent
Out of Area Out of Area
OUT OF AREA FIRM
List Price
$210,000
Sold Price
$170,000
Premium/Discount to List
-$40,000
-19.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.52%

Purchase Details

Closed on
Aug 15, 2006

Purchase Details

Closed on
Jan 13, 2006

Purchase Details

Closed on
Apr 1, 2005

Purchase Details

Closed on
Dec 28, 1995
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
Jj4 Properties Llc $60,000 Zelle Title
-- $170,000 --
-- $240,000 --
-- $190,000 --
-- -- --
-- -- --
-- $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jj4 Properties Llc $192,308
Closed Jj4 Properties Llc $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2019 10/30/19 Sold $60,000 0.0% $8 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $60,000 -64.7% $8 / Sq Ft
08/30/2012 08/30/12 Sold $170,000 -19.0% $21 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
06/04/2012 06/04/12 For Sale $210,000 -- $26 / 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 $7,182 $85,502 $14,712 $70,790
2023 $6,905 $78,098 $13,438 $64,660
2022 $3,330 $37,163 $12,747 $24,416
2021 $3,220 $35,772 $12,270 $23,502
2020 $1,761 $19,996 $12,288 $7,708
2019 $1,735 $20,000 $12,245 $7,755
2018 $5,014 $59,348 $12,181 $47,167
2017 $4,911 $58,580 $12,023 $46,557
2016 $4,814 $57,726 $11,848 $45,878
2015 $4,767 $57,036 $11,706 $45,330
2014 $4,698 $56,667 $11,630 $45,037
2013 $4,594 $56,695 $22,576 $34,119
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA2719

RMLS Alliance

APN: 14-33.0-456-025