NOT LISTED FOR SALE

501 S New St Springfield, IL 62704

Vinegar Hill Neighborhood

Estimated Value: $118,000 - $143,000

3 Beds
2 Baths
1,792 Sq Ft
$73/Sq Ft Est. Value

About This Home

This home is located at 501 S New St, Springfield, IL 62704 and is currently estimated at $130,667, approximately $72 per square foot. 501 S New St is a home located in Sangamon County with nearby schools including Elizabeth Graham Elementary School, Benjamin Franklin Middle School, and Springfield High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2024
Sold by
Jj10 Properties Llc
Bought by
Wilmarth Renewals Llc
Current Estimated Value
$130,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$443,302
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
-$312,635

Purchase Details

Closed on
Feb 10, 2021
Sold by
R & L Holdings 1 Inc
Bought by
R Douglas Enterprises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 6, 2020
Sold by
Robbins Robert A and Robbins Rebecca S
Bought by
R & L Holdings 1 Inc

Purchase Details

Closed on
Feb 6, 2020
Sold by
Robbins Robert A and Robbins Rebecca S
Bought by
R & L Holdings 1 Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Wilmarth Renewals Llc $450,000 None Listed On Document
Jj10 Properties Llc $563,000 None Listed On Document
Douglas Rickey -- None Listed On Document
R Douglas Enterprises -- --
R & L Holdings 1 Inc -- None Listed On Document
R & L Holdings 1 Inc $325,000 Prairie Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilmarth Renewals Llc $450,000
Previous Owner R Douglas Enterprises $40,000
Source: Public Records

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 $3,408 $40,578 $3,612 $36,966
2023 $3,277 $37,064 $3,299 $33,765
2022 $3,150 $35,158 $3,129 $32,029
2021 $1,806 $20,059 $3,012 $17,047
2020 $1,770 $20,090 $3,017 $17,073
2019 $1,737 $20,019 $3,006 $17,013
2018 $1,769 $20,936 $2,992 $17,944
2017 $1,732 $20,665 $2,953 $17,712
2016 $1,698 $20,364 $2,910 $17,454
2015 $1,682 $20,120 $2,875 $17,245
2014 $1,657 $19,990 $2,856 $17,134
2013 $1,620 $19,990 $2,856 $17,134
Source: Public Records

Map

Illinois Sangamon County Springfield 62704 Vinegar Hill

501 S New St, Springfield, IL

This home is located at 501 S New St, Springfield, IL 62704 and is currently estimated at $130,667, approximately $72 per square foot. 501 S New St is a home located in Sangamon County with nearby schools including Elizabeth Graham Elementary School, Benjamin Franklin Middle School, and Springfield 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.

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