NOT LISTED FOR SALE

503 S Wesley St Springfield, IL 62703

Estimated Value: $42,000 - $58,240

2 Beds
1 Bath
672 Sq Ft
$76/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $34,000 $51 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $364/month

17 Days on Market

Highlights

  • Ranch Style House
  • Formal Dining Room
  • Heating System Uses Gas
  • No HOA
  • Ceiling Fan

About This Home

As of May 2024

Nice 2 bedroom 1 bathroom home that is currently rented for $800/month. Whether you're looking to add another investment under your belt or starting your investment portfolio, this property is perfect for you! Come take a look!

Last Agent to Sell the Property

Jerry George

The Real Estate Group, Inc. Brokerage Phone: 217-638-1360 License #475159363 Listed on: 04/12/2024

The Real Estate Group, Inc.

Last Buyer's Agent

Jerry George

The Real Estate Group, Inc. Brokerage Phone: 217-638-1360 License #475159363 Listed on: 04/12/2024

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,093

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 109x40

Home Design

  • Ranch Style House
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 672 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lanphier High School

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 14-36.0-153-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,093

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1969
  • Architectural Style: Ranch
  • New Construction: No
  • Age55PlusDevelopment: No
  • Attribution Contact: Pref: 217-638-1360
  • Special Features: None

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 672
  • KitchenDining: Dining Formal

Exterior Features

  • Lot Features: Other
  • Road Surface Type: Shared
  • Construction Type: Frame, Vinyl Siding
  • Foundation Details: Concrete, Slab
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: No
  • Parking Features: Other

Utilities

  • Heating: Electric, Gas, Electric Water Heater
  • Water Source: Public Sewer

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Lanphier High School

Lot Info

  • Lot Size: 109x40
  • Parcel #: 14-36.0-153-002

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1093.46
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
May 7, 2024
Sold by
Bender Taneka S
Bought by
Malaak Estates Inc
Seller's Agent
Jerry George
The Real Estate Group, Inc.
Buyer's Agent
Jerry George
The Real Estate Group, Inc.
List Price
$45,000
Sold Price
$34,000
Premium/Discount to List
-$11,000
-24.44%
Views
29
Current Estimated Value
$50,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,810
Avg. Annual Appreciation
27.38%

Purchase Details

Closed on
May 3, 2023
Sold by
Bender Marcus
Bought by
Gailes Taneka S

Purchase Details

Closed on
Feb 18, 2011

Purchase Details

Closed on
Dec 18, 2009

Purchase Details

Closed on
Apr 21, 2009

Purchase Details

Closed on
Nov 22, 2005
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

Date Buyer Sale Price Title Company
Malaak Estates Inc $34,000 None Listed On Document
Gailes Taneka S -- None Listed On Document
-- $4,900 --
-- $31,300 --
-- -- --
-- $28,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2024 05/07/24 Sold $34,000 -24.4% $51 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $45,000 +95.7% $67 / Sq Ft
04/22/2022 04/22/22 Sold $23,000 -17.6% $34 / Sq Ft View Prior Sale
04/01/2022 04/01/22 Pending -- -- --
03/27/2022 03/27/22 Price Changed $27,900 -6.7% $42 / Sq Ft
02/03/2022 02/03/22 For Sale $29,900 0.0% $44 / Sq Ft
02/03/2022 02/03/22 Price Changed $29,900 +30.0% $44 / Sq Ft
10/13/2021 10/13/21 Off Market $23,000 -- --
10/08/2021 10/08/21 For Sale $33,000 -- $49 / 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 $1,181 $14,069 $2,817 $11,252
2023 $1,134 $12,746 $2,552 $10,194
2022 $1,093 $12,133 $2,429 $9,704
2021 $1,012 $11,126 $2,227 $8,899
2020 $981 $11,062 $2,214 $8,848
2019 $958 $11,021 $2,206 $8,815
2018 $945 $11,230 $2,248 $8,982
2017 $911 $10,889 $2,180 $8,709
2016 $860 $10,279 $2,058 $8,221
2015 $857 $10,232 $2,049 $8,183
2014 $874 $10,563 $2,115 $8,448
2013 $895 $11,157 $2,234 $8,923
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1028469

RMLS Alliance

APN: 14-36.0-153-002