$64,900
- 4 Beds
- 3,024 Sq Ft
- 1502 S Pasfield St
- Springfield, IL
Good investment opportunity for experienced investors.
Griffin Smock Craggs REALTORS, Inc.
430 W Elliott Ave Springfield, IL 62702
Oak Ridge Neighborhood
5
Beds
4
Baths
2,554
Sq Ft
6,098
Sq Ft Lot
About This Home
As of March 2025A good money maker close to Medical District. An Occupied Up and Down Duplex with way more room than you would guess from the outside. Inspections welcome - but selling as - is. Have a look and we're sure you will have interest. The cap rate on this is right for your budget! (The taxes reflected in the listing and currently available at Sangamon County have an owner occupied exemption in place.)
Last Agent to Sell the Property
The Real Estate Group, Inc. License #475130082 Listed on: 01/05/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,430
Year Built
- Built in 1900
Home Design
- Duplex
Schools
- Lanphier High School
Additional Features
- Unfinished Basement
Listing and Financial Details
- Tenant pays for gas & electric
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2025
Closed on
Mar 28, 2025
Sold by
Up To Date Rentals Llc
Bought by
Smith Brian C
Seller's Agent
Mary Jo Welch
RE/MAX Professionals
Buyer's Agent
JAMI WINCHESTER
The Real Estate Group, Inc.
List Price
$84,900
Sold Price
$84,450
Premium/Discount to List
-$450
-0.53%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$511
Avg. Annual Appreciation
-1.82%
Original Mortgage
$71,400
Outstanding Balance
$71,400
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$12,539
Purchase Details
Listed on
Nov 9, 2024
Closed on
Dec 19, 2024
Sold by
Mulvey Joseph C and Mulvey Teresa L
Bought by
Up To Date Rentals Llc
Seller's Agent
Tony Smarjesse
RE/MAX Professionals
Buyer's Agent
Mary Jo Welch
RE/MAX Professionals
List Price
$74,900
Sold Price
$75,000
Premium/Discount to List
$100
0.13%
Views
27
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.20%
Purchase Details
Listed on
Jan 5, 2021
Closed on
May 17, 2021
Sold by
Williams Nicholas R
Bought by
Mulvey Teresa L and Mulvey Joseph C
Seller's Agent
Wade Ebert
The Real Estate Group, Inc.
Buyer's Agent
Tony Smarjesse
RE/MAX Professionals
List Price
$78,000
Sold Price
$68,500
Premium/Discount to List
-$9,500
-12.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%
Original Mortgage
$51,375
Interest Rate
3.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 30, 2015
Closed on
Jul 28, 2015
Seller's Agent
M.T. VANN
Prairie Property Solutions
Buyer's Agent
M.T. VANN
Prairie Property Solutions
List Price
$59,900
Sold Price
$59,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.34%
Purchase Details
Closed on
Nov 9, 2010
Purchase Details
Closed on
Feb 19, 2005
Purchase Details
Closed on
Aug 20, 2003
Similar Home in Springfield, IL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $84,500 | None Listed On Document | |
| Warranty Deed | $75,000 | None Listed On Document | |
| Warranty Deed | $68,500 | Prairie Land Title | |
| Deed | $59,900 | -- | |
| Deed | -- | -- | |
| Deed | $55,000 | -- | |
| Deed | $54,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $71,400 | New Conventional | |
| Previous Owner | $51,375 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/28/2025 03/28/25 | Sold | $84,450 | -0.5% | $33 / Sq Ft |
| 02/27/2025 02/27/25 | Pending | -- | -- | -- |
| 02/27/2025 02/27/25 | For Sale | $84,900 | +13.2% | $33 / Sq Ft |
| 12/19/2024 12/19/24 | Sold | $75,000 | +0.1% | $29 / Sq Ft |
| 11/20/2024 11/20/24 | Pending | -- | -- | -- |
| 11/11/2024 11/11/24 | For Sale | $74,900 | +9.3% | $29 / Sq Ft |
| 05/17/2021 05/17/21 | Sold | $68,500 | -8.7% | $27 / Sq Ft |
| 03/26/2021 03/26/21 | Pending | -- | -- | -- |
| 02/06/2021 02/06/21 | Price Changed | $75,000 | -3.8% | $29 / Sq Ft |
| 01/05/2021 01/05/21 | For Sale | $78,000 | +30.2% | $31 / Sq Ft |
| 07/31/2015 07/31/15 | Sold | $59,900 | 0.0% | $23 / Sq Ft |
| 06/30/2015 06/30/15 | Pending | -- | -- | -- |
| 06/30/2015 06/30/15 | For Sale | $59,900 | -- | $23 / Sq Ft |
Source: RMLS Alliance
Tax History Compared to Growth
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 | $2,269 | $27,017 | $2,729 | $24,288 |
| 2023 | $2,182 | $24,678 | $2,493 | $22,185 |
| 2022 | $2,098 | $23,409 | $2,365 | $21,044 |
| 2021 | $2,028 | $22,532 | $2,276 | $20,256 |
| 2020 | $1,459 | $22,565 | $2,279 | $20,286 |
| 2019 | $1,430 | $22,486 | $2,271 | $20,215 |
| 2018 | $1,260 | $20,910 | $2,260 | $18,650 |
| 2017 | $1,227 | $20,640 | $2,231 | $18,409 |
| 2016 | $1,196 | $20,339 | $2,198 | $18,141 |
| 2015 | $1,626 | $21,988 | $2,172 | $19,816 |
| 2014 | $1,810 | $21,846 | $2,158 | $19,688 |
| 2013 | $1,770 | $21,846 | $2,158 | $19,688 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Jo Welch
Seller's Agent in 2025
Mary Jo Welch
RE/MAX Professionals
(217) 787-7215
4 in this area
233 Total Sales
-
JAMI WINCHESTER
Buyer's Agent in 2025
JAMI WINCHESTER
The Real Estate Group, Inc.
(217) 306-1000
19 in this area
1,390 Total Sales
-
Tony Smarjesse
Seller's Agent in 2024
Tony Smarjesse
RE/MAX Professionals
(217) 652-3335
3 in this area
95 Total Sales
-
Wade Ebert
Seller's Agent in 2021
Wade Ebert
The Real Estate Group, Inc.
(217) 280-0790
1 in this area
50 Total Sales
-
M
Seller's Agent in 2015
M.T. VANN
Prairie Property Solutions
Map
Source: RMLS Alliance
MLS Number: CA1004467
APN: 14-28.0-204-001
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