$82,500
SOLD MAR 3, 2025

502 N Stephens Ave Unit 1 Springfield, IL 62702

3 Beds
1.5 Baths
1,246 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$66 Per Sq Ft

17% Below List Price

34 Days on Market

Highlights

  • Deck
  • 1.5 Car Detached Garage
  • Bungalow
  • Fenced Yard
  • Eat-In Kitchen
  • Forced Air Heating System

About This Home

As of March 2025

Check out this updated one owner bungalow in convenient location on the North end of town! Bigger than it looks from the street, this home boasts 1246 square feet, plus 466 sq ft unfinished basement with shower. Handicap access ramp to front door. Nice 13.10x13.10 wooden back deck, with plenty of space next to it for grilling out. Fenced in back yard to keep your kids and pets safe. 1.5 car detached garage with alley access. 200 amp breaker box. Many updates have been done, including windows, new water lines (including outside spigots), new laminate flooring throughout, large family room added, new wiring, spacious master bedroom added with half bath, master bath remodeled, and new water heater. All interior components for the furnace have been replaced. Laundry hookups are placed in both the kitchen and in the basement. Fresh paint throughout. This home is in the township, not the city of Springfield, which results in a lower tax rate. Come see everything this home has to offer! Call today for a private showing! Inspections are welcome, but selling AS-IS. Square footage is believed to be accurate, but not guaranteed.

Last Agent to Sell the Property

PAUL SMAY

Keller Williams Capital Brokerage Phone: 217-414-7285 License #475106940 Listed on: 01/01/2025

Last Buyer's Agent

Andrew Kinney

The Real Estate Group, Inc. License #475176529

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $601

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 120 x 40
  • Fenced Yard
  • Level Lot

Parking

  • 1.5 Car Detached Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,246 Sq Ft Home
  • Ceiling Fan
  • Replacement Windows
  • Unfinished Basement
  • Partial Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Schools

  • Feitshans Elementary School
  • Washington Middle School
  • Lanphier High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 14-25.0-307-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$601

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1950
  • Architectural Style: Bungalow
  • New Construction: No
  • Attribution Contact: Pref: 217-414-7285
  • Special Features: None

Interior Features

  • Appliances: None
  • Basement: Partial, Unfinished
  • Accessibility Features: Handicap Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Cable Available, Ceiling Fan(s), Garage Door Opener(s), High Speed Internet
  • Living Area: 1246
  • KitchenDining: Eat-In Kitchen

Exterior Features

  • Lot Features: Level
  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Deck, Fenced Yard, Replacement Windows
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 1.5
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Elementary School: Feitshans
  • High School: Lanphier High School
  • Middle Or Junior School: Washington

Lot Info

  • Lot Size: 120 X 40
  • Parcel #: 14-25.0-307-018

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 601.46
  • TaxExemptions: Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2025
Closed on
Mar 3, 2025
Sold by
Geary Patricia M and Geary Terry A
Bought by
Beach Douglas and Beach Annette
Seller's Agent
PAUL SMAY
Keller Williams Capital
Buyer's Agent
Andrew Kinney
The Real Estate Group, Inc.
List Price
$98,900
Sold Price
$82,500
Premium/Discount to List
-$16,400
-16.58%
Views
49
Current Estimated Value
$88,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,218
Avg. Annual Appreciation
8.31%
Original Mortgage
$78,375
Outstanding Balance
$76,774
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$11,944
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $82,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $78,375 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2025 03/03/25 Sold $82,500 -2.9% $66 / Sq Ft
01/17/2025 01/17/25 Price Changed $85,000 -14.1% $68 / Sq Ft
01/01/2025 01/01/25 For Sale $98,900 -- $79 / Sq Ft
Source: RMLS Alliance

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 $722 $19,602 $2,817 $16,785
2023 $601 $17,759 $2,552 $15,207
2022 $532 $16,905 $2,429 $14,476
2021 $409 $15,502 $2,227 $13,275
2020 $391 $15,412 $2,214 $13,198
2019 $379 $15,354 $2,206 $13,148
2018 $391 $15,645 $2,248 $13,397
2017 $349 $15,169 $2,180 $12,989
2016 $278 $14,319 $2,058 $12,261
2015 $691 $14,254 $2,049 $12,205
2014 $721 $14,716 $2,115 $12,601
2013 $766 $15,543 $2,234 $13,309
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1033724

RMLS Alliance

APN: 14-25.0-307-018