NOT LISTED FOR SALE

430 Keys Ave Springfield, IL 62702

Lincoln Park Neighborhood

Estimated Value: $371,576

8 Beds
8 Baths
5,300 Sq Ft
$70/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $200,000 $38 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,424/month

6 Days on Market

About This Home

As of December 2019

Investors this is a nice 8 unit complex with 4-2bd & 4-1bd units. Across the old Benedictine college and close to Lincoln Park. Ample parking on premises, roof in 2019, new driveway and parking in 2010. All units updated as needed and full occupancy currently.

Last Agent to Sell the Property

Jerry George

The Real Estate Group, Inc. License #475159363 Listed on: 11/01/2019

The Real Estate Group, Inc.

Last Buyer's Agent

Joe Tetzlaff

RE/MAX Professionals License #471000757

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,353

Year Built

  • Built in 1973

Lot Details

  • 0.28

Interior Spaces

  • 2-Story Property
  • Partial Basement

Schools

  • Springfield District #186 High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,353

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: N80' E 152' L7 BEVERLY ALLENS SUB PT W1/2 SW 22-16-5
  • Lvt Date: 11/01/2019
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 8
  • Number Refrigerators: 8
  • Basement: Partial
  • Price Per Sq Ft: 37.74
  • Total Sq Ft: 5300

Exterior Features

  • Exterior: Brick Partial, Wood Siding
  • Road Access: Paved

Garage/Parking

  • Garage Parking: On-Street Parking
  • Number Parking Spaces: 10

Utilities

  • Heating Cooling: Forced Air
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 1797
  • Garbage Collection Exp: 687
  • Gas Expense: 1387
  • Laundry Facilities: No Laundry Equipment
  • Water Sewer Expenses: 4462
  • Number Window Units: 4

Schools

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

Lot Info

  • Estimated Lot Size: 152 X 80
  • Estimated Number of Acres: 0.28
  • Lot Description: Corner
  • Zoning: Commercial
  • Subdivision: Beverly
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 45960
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 6353
  • Parcel Id Number Tax Id: 14-22.0-308-016
  • Tax Year: 2018

Multi Family

  • Total Number Units: 8
  • Gross Annual Income: 45960
  • Total Number Central Air Units: 4
  • Total Number Electric Meters: 9
  • Total Number Gas Meters: 5
  • Total Number Heating Units: 4
  • Total Number Water Heaters: 6
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2021
Sold by
Williams Arriel S
Bought by
16 Keys Llc
Current Estimated Value
$371,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,915
Interest Rate
3.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2009

Purchase Details

Closed on
Jan 7, 1999
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
16 Keys Llc $309,900 Barber Segatto Hoffee Wilke &
-- -- --
-- $171,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 16 Keys Llc $344,000
Closed 16 Keys Llc $560,915
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $200,000 -10.3% $38 / Sq Ft
11/07/2019 11/07/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $223,000 -- $42 / 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 $11,527 $137,238 $6,656 $130,582
2023 $11,083 $125,355 $6,080 $119,275
2022 $9,162 $102,245 $5,767 $96,478
2021 $6,082 $67,576 $5,551 $62,025
2020 $5,962 $67,677 $5,559 $62,118
2019 $5,851 $67,441 $5,540 $61,901
2018 $6,353 $75,186 $5,502 $69,684
2017 $6,221 $74,214 $5,431 $68,783
2016 $6,099 $73,132 $5,352 $67,780
2015 $6,040 $72,258 $5,288 $66,970
2014 $5,949 $71,792 $5,254 $66,538
2013 $5,817 $71,792 $5,254 $66,538
Source: Public Records

Agents Affiliated with this Home

  • Jerry George

    Seller's Agent in 2019

    Jerry George

    The Real Estate Group, Inc.

    (217) 638-1360

    6 in this area

    856 Total Sales

    Section Image
  • Joe Tetzlaff

    Buyer's Agent in 2019

    Joe Tetzlaff

    RE/MAX Professionals

    (217) 416-3481

    2 in this area

    213 Total Sales

    Section Image
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Map

Source: RMLS Alliance

MLS Number: RMACA996291

RMLS Alliance

APN: 14-22.0-308-016

Illinois Sangamon County Springfield 62702 Lincoln Park

430 Keys Ave, Springfield, IL

This home is located at 430 Keys Ave, Springfield, IL 62702 since 01 November 2019 and is currently estimated at $371,576, approximately $70 per square foot. This property was built in 1973. 430 Keys Ave is a home located in Sangamon County with nearby schools including McClernand Elementary School, Washington Middle School, and Lanphier High School.

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.

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