NOT LISTED FOR SALE

4831 Key Ln W Springfield, IL 62711

Estimated Value: $485,000 - $506,330

4 Beds
3 Baths
3,490 Sq Ft
$141/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $440,000 $126 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,583/month

60 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Fenced Yard
  • Farmingdale Elementary School Rated 9+
  • Ranch Style House
  • 2 Car Attached Garage

About This Home

As of March 2023

Well cared for ranch in Salem Estates, walkout basement with theater room, fourth bedroom and full bath, family room, kitchen, and storage! The main floor has an open concept allowing ease of entertainment between kitchen, family room and dining room plus a bonus loft area with living room. Extend the party out onto the deck overlooking the large fenced-in backyard and pond view. Main floor laundry room is right off the garage. All new kitchen appliances in 2020 a basement kitchen stove and refrigerator.

Last Agent to Sell the Property

Clayton Yates

The Real Estate Group, Inc. License #475160796 Listed on: 12/10/2022

The Real Estate Group, Inc.

Last Buyer's Agent

Dominic Casey

Apex Realty of Illinois, LLC License #471022924

Apex Realty of Illinois, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,498

Year Built

  • Built in 2007

Lot Details

  • Lot Dimensions are 90 x 137
  • Fenced Yard
  • Irrigation

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Foundation
  • Poured Concrete
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,490 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Patio

Schools

  • Pleasant Plains District #8 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Salem Estates Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 13-35.0-155-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,498

Year Built

Built in 2007

Lot Details

0.28 Acres

HOA Fees

$10 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2007
  • Architectural Style: Ranch
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Finished, Full, Walk Out
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Electric, Living Room
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s), Central Vacuum, Wet Bar
  • Living Area: 3490
  • KitchenDining: Breakfast Bar,Island,Pantry

Exterior Features

  • Lot Features: Other
  • Road Surface Type: Paved
  • Construction Type: Brick, Vinyl Siding
  • Exterior Features: Deck, Fenced Yard, Irrigation System, Patio
  • Foundation Details: Concrete, Poured Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 125
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: Yes

Schools

  • High School: Pleasant Plains District #8

Lot Info

  • Lot Size: 90 x 137
  • Parcel #: 13-35.0-155-001

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 9497.5
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2022
Closed on
Mar 13, 2023
Sold by
Ciotti Jennifer and Ciotti Alison
Bought by
Akorede Oluwaseun A
Seller's Agent
Clayton Yates
The Real Estate Group, Inc.
Buyer's Agent
Dominic Casey
Apex Realty of Illinois, LLC
List Price
$485,000
Sold Price
$440,000
Premium/Discount to List
-$45,000
-9.28%
Views
141
Current Estimated Value
$493,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,583
Avg. Annual Appreciation
3.99%
Original Mortgage
$418,000
Outstanding Balance
$404,568
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$89,015

Purchase Details

Closed on
Oct 23, 2006

Purchase Details

Closed on
Jun 7, 2006

Purchase Details

Closed on
Jan 19, 2005
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

Purchase History

Date Buyer Sale Price Title Company
Akorede Oluwaseun A $440,000 --
-- $280,300 --
-- $42,500 --
-- $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akorede Oluwaseun A $418,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2023 03/10/23 Sold $440,000 -5.4% $126 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
01/31/2023 01/31/23 Price Changed $464,900 -2.1% $133 / Sq Ft
12/30/2022 12/30/22 Price Changed $474,900 -2.1% $136 / Sq Ft
12/10/2022 12/10/22 For Sale $485,000 +47.0% $139 / Sq Ft
07/06/2016 07/06/16 Sold $330,000 -4.3% $84 / Sq Ft View Prior Sale
04/28/2016 04/28/16 Pending -- -- --
03/12/2016 03/12/16 For Sale $344,900 -- $88 / Sq Ft
Source: RMLS Alliance

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 $12,364 $160,161 $21,358 $138,803
2023 $11,923 $148,434 $19,794 $128,640
2022 $9,875 $121,029 $18,465 $102,564
2021 $9,498 $115,851 $17,675 $98,176
2020 $9,349 $113,546 $17,323 $96,223
2019 $9,221 $112,936 $17,230 $95,706
2018 $9,174 $113,915 $17,379 $96,536
2017 $8,955 $111,911 $17,073 $94,838
2016 $8,693 $108,168 $16,502 $91,666
2015 $8,466 $104,007 $15,867 $88,140
2014 $8,342 $102,591 $15,651 $86,940
2013 $8,344 $103,314 $15,761 $87,553
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: CA1019595

RMLS Alliance

APN: 13-35.0-155-001

Your Personal Tour Guide

Ask me questions while you tour the home.