NOT LISTED FOR SALE

501 S Wesley St Unit 1 Springfield, IL 62703

Estimated Value: $40,000 - $68,000

2 Beds
1 Bath
720 Sq Ft
$74/Sq Ft Est. Value

Sale Details

Date Sold: July 18, 2025

Last sale price $5,200 $7 Per Sq Ft

Est. 920% increase in value since last sale

Current estimated payment $327 / mo

185 Days on Market

Highlights

  • Ranch Style House
  • Laundry Room
  • Dining Room
  • Living Room
  • Forced Air Heating System
  • Family Room

About This Home

As of July 2025

Listing price $6,600 Ranch style home. It offers approximately 720 square feet of living space with 2 bedrooms and 1 bathroom. *NO INTERIOR ACCESS DUE TO UNSAFE PROPERTY CONDITION* Mold reported. Foundation issue. Possible demo property. Auction.

Last Agent to Sell the Property

Val Laborevitch

Realhome Services & Solutions, Inc. License #471019467 Listed on: 12/23/2024

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Home Design

  • Ranch Style House
  • Shake Roof
  • Vinyl Siding

Interior Spaces

  • 720 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished, Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 720
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof: Shake
  • Waterfront: No

Utilities

  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 7651
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 362
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2025
Sold by
Midtown Auto Mart Inc
Bought by
Watson Alexander
Current Estimated Value
$53,049

Purchase Details

Closed on
Feb 28, 2024
Sold by
Sheriff Of Sangamon County
Bought by
Bank Of New York Mellon Trust and Caudle

Purchase Details

Closed on
May 20, 2015
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Watson Alexander $5,000 None Listed On Document
Bank Of New York Mellon Trust -- None Listed On Document
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2025 07/18/25 Sold $5,200 -21.2% $7 / Sq Ft
06/26/2025 06/26/25 Pending -- -- --
06/05/2025 06/05/25 Price Changed $6,600 -5.7% $9 / Sq Ft
05/16/2025 05/16/25 Price Changed $7,000 -2.8% $10 / Sq Ft
04/30/2025 04/30/25 Price Changed $7,200 -8.9% $10 / Sq Ft
04/09/2025 04/09/25 Price Changed $7,900 -4.8% $11 / Sq Ft
03/24/2025 03/24/25 Price Changed $8,300 -4.6% $12 / Sq Ft
03/07/2025 03/07/25 Price Changed $8,700 -3.3% $12 / Sq Ft
02/12/2025 02/12/25 Price Changed $9,000 -8.2% $13 / Sq Ft
01/15/2025 01/15/25 Price Changed $9,800 -7.5% $14 / Sq Ft
12/23/2024 12/23/24 For Sale $10,600 -- $15 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $538 $17,408 $4,932 $12,476
2023 $425 $15,771 $4,468 $11,303
2022 $362 $15,013 $4,253 $10,760
2021 $252 $13,767 $3,900 $9,867
2020 $682 $13,688 $3,878 $9,810
2019 $664 $13,636 $3,863 $9,773
2018 $664 $13,894 $3,936 $9,958
2017 $625 $13,471 $3,816 $9,655
2016 $562 $12,716 $3,602 $9,114
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12260122

Midwest Real Estate Data (MRED)

APN: 14-36.0-153-027

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