NOT LISTED FOR SALE

5 Downing Ln Unit 1 Springfield, IL 62712

Estimated Value: $315,046 - $351,000

4 Beds
2.5 Baths
2,876 Sq Ft
$114/Sq Ft Est. Value

Sale Details

Date Sold: January 5, 2022

Last sale price $257,000 $89 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,158 / mo

22 Days on Market

Highlights

  • No HOA
  • 2 Car Garage
  • Screened Patio
  • Glenwood High School Rated A-
  • Cul-De-Sac
  • Forced Air Heating System

About This Home

As of January 2022

Springfield address and Chatham Schools! Wow! Main floor boasts a hickory kitchen with island, family room with fireplace, a formal dining room, a large living room, bedroom 4 or office, and a great screened patio! Upstairs master bedroom suite with 3 closets and a built-in desk and 2 more good sized bedrooms. Basement with a rec room and storage, and a steel beam for support! Oversized detached one car garage with walk-up loft. Bonus! Sits on over a half acre across the street from Lake Springfield! Water heater is 2 years old. Garage doors replaced and exterior painted in 2020. Septic system pumped in October 2021. Seller is offering a $5,000 credit for carpet allowance.

Last Agent to Sell the Property

Michael Oldenettel

The Real Estate Group, Inc. License #471005024 Listed on: 10/15/2021

The Real Estate Group, Inc.

Last Buyer's Agent

KATHY GARST

IN BETWEEN OFFICES License #475121251

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,486

Year Built

  • Built in 1975

Lot Details

  • 28,314 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 2,876 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Screened Patio

Schools

  • Chatham District #5 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 29020326015

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,486

Year Built

Built in 1975

Lot Details

0.65 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1975
  • Architectural Style: Two Story
  • New Construction: No
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
  • Basement: Partial, Partially Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 2876
  • KitchenDining: Dining Formal,Island

Exterior Features

  • Lot Features: Cul-De-Sac, Level
  • Road Surface Type: Paved
  • Water Body Name: Lake Springfield
  • Construction Type: Aluminum Siding, Brick, Frame
  • Exterior Features: Patio, Screened Patio
  • Foundation Details: Poured Concrete
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

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

Utilities

  • Heating: Gas, Forced Air, Central
  • Water Source: Public, Septic System

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Chatham District #5

Lot Info

  • Lot Size Acres: 0.65
  • Lot Size: .65 a
  • Parcel #: 29020326015

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3486.48
  • TaxExemptions: Homestead/Owner Occupied

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Jan 5, 2022
Sold by
Bought by
Seller's Agent
Michael Oldenettel
The Real Estate Group, Inc.
Buyer's Agent
KATHY GARST
IN BETWEEN OFFICES
List Price
$262,500
Sold Price
$257,000
Premium/Discount to List
-$5,500
-2.1%
Current Estimated Value
$328,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,012
Avg. Annual Appreciation
5.60%
Original Mortgage
$257,000
Outstanding Balance
$234,773
Interest Rate
3.63%
Mortgage Type
VA
Estimated Equity
$93,239

Purchase Details

Closed on
Mar 17, 2008

Purchase Details

Closed on
Aug 1, 2002

Purchase Details

Closed on
Jul 8, 2002
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$257,000 None Listed On Document
$219,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $257,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/05/2022 01/05/22 Sold $257,000 -0.2% $89 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
11/01/2021 11/01/21 Price Changed $257,500 -1.9% $90 / Sq Ft
10/15/2021 10/15/21 For Sale $262,500 -- $91 / Sq Ft
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,626 $74,190 $3,787 $70,403
2024 -- $69,149 $3,530 $65,619
2023 -- $62,663 $3,199 $59,464
2022 $312 $58,454 $2,984 $55,470
2021 $3,572 $55,512 $2,834 $52,678
2020 $3,486 $54,461 $2,780 $51,681
2019 $3,353 $53,435 $2,728 $50,707
2018 $3,289 $53,451 $2,729 $50,722
2017 $3,256 $53,451 $2,729 $50,722
2016 $3,209 $52,864 $2,699 $50,165
2015 $3,143 $51,304 $2,619 $48,685
2014 $3,048 $49,703 $2,537 $47,166
2013 $2,934 $48,232 $2,462 $45,770
Source: Public Records

Agents Affiliated with this Home

  • Michael Oldenettel

    Seller's Agent in 2022

    Michael Oldenettel

    The Real Estate Group, Inc.

    (217) 248-9613

    72 Total Sales

    Michael Oldenettel
    Section Image

  • K

    Buyer's Agent in 2022

    KATHY GARST

    IN BETWEEN OFFICES

    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1010686

RMLS Alliance

APN: 29-02.0-326-015

Illinois Sangamon County Springfield 62629

5 Downing Ln Unit 1, Springfield, IL

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RMLS Alliance All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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