NOT LISTED FOR SALE

508 Cravens Rd Springfield, IL 62712

Estimated Value: $602,000

4 Beds
3 Baths
3,745 Sq Ft
$161/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $387,500 $103 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,862/month

Highlights

  • Deck
  • Ranch Style House
  • Porch
  • Rochester High School Rated A-
  • Cathedral Ceiling
  • Wet Bar

About This Home

As of September 2020

A rare find in this 4 bedroom, 3 full bath ranch on 5-10 acres in Rochester school district with heated detached garage/workshop with office. Beautiful rural setting just minutes from downtown Springfield with city water. This property is split into two 5 acres parcels and is offered on 5 acres with home and workshop at $350,000 or 10 acres for $400,000. Second parcel can be used as tillable acreage, horses or building site! Well maintained with new roof in 2018, this home offers 2.5 car attached garage with bump out, large mud/laundry room with sink, eat in kitchen with new SS appliances, living room with fireplace and vaulted ceilings, leading to deck overlooking open fields, spacious master suite, walkout offers potential 4th bedroom (no egress) family room, rec room with wet bar, full bath, workshop and storage. Detached workshop has office, half bath and loads of room for cars or workshop.

Last Listed By

Melissa Vorreyer

RE/MAX Professionals License #475100751 Listed on: 08/11/2020

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,414

Year Built

  • Built in 1993

Lot Details

  • 10

Home Design

  • Ranch Style House

Interior Spaces

  • 3 Full Bathrooms
  • Wet Bar
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Outbuilding
  • Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,414

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Ranch
  • Legal Description: see tax records.
  • Lvt Date: 08/11/2020
  • Year Built: 1993
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave Oven, Range/Oven, Refrigerator
  • Fireplace: Gas Logs, Living Room
  • Interior Amenities: Built-In Bar, Ceilings/Cath/Vault/Tray, Garage Door Opener(s), Wet Bar, Ceiling Fan
  • Number Fireplaces: 1
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Number of Full Bathrooms in the Basement: 1
  • Number of Main Level Full Bathrooms: 2
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 12.11x14.7, On Level: Main, Flooring: Carpet
  • Basement Foundation: Concrete, Poured
  • Master Bedroom Egress Window: Yes
  • Bathroom Master Bedroom: Full
  • Bedroom 2: Dimensions: 12.11x12.4, On Level: Main, Flooring: Carpet
  • Bedroom 2 Egress Window: Yes
  • Bedroom 3: Dimensions: 13x12.4, On Level: Main, Flooring: Carpet
  • Bedroom 3 Egress Window: Yes
  • Bedroom 4: Dimensions: 12x11, On Level: Basement, Flooring: Other
  • Family Room: Dimensions: 19.3x15.9, On Level: Basement, Flooring: Other
  • Kitchen: Dimensions: 19.2x15.3, On Level: Main, Flooring: Vinyl
  • Kitchen Dining: Dining Informal, Eat-In Kitchen, Island
  • Laundry: Dimensions: 11.7x8.7, On Level: Main, Flooring: Vinyl
  • Living Room: Dimensions: 15.8x17.8, On Level: Main, Flooring: Carpet
  • Basement Finished Sq Ft: 1719
  • Rec Room: On Level: Basement, Flooring: Other
  • Total Basement Sq Ft: 2026
  • Additional Room 1: On Level: Basement, Flooring: Other
  • Additional Room 1 Description: Workshop
  • Price Per Sq Ft: 191.26
  • Finished Sq Ft: 3745
  • Total Sq Ft: 2026
  • Finished Main Level Sq Ft: 2026

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Amenities: Deck, Outbuilding(s), Porch, Shed
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Attached, Detached
  • Garage Yn: Yes
  • Number Cars: 5

Utilities

  • Heating Cooling: Electric, Gas, Forced Air, Propane Tank - Lease, Central Air
  • Water Sewer: Public Water, Sump Pump Hole

Schools

  • High School: Rochester District #3A

Lot Info

  • Estimated Lot Size: 10 acres
  • Lot Description: Extra Lot
  • Zoning: R-1 and Ag
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Tax Info

  • Annual Taxes: 5413.54
  • Parcel Id Number Tax Id: 15320300011
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2019

MLS Schools

  • High School School District: Rochester District #3A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Sep 25, 2020
Sold by
Funsch Thomas E and Funsch Paula S
Bought by
Rahe Danielle S
Seller's Agent
Melissa Vorreyer
RE/MAX Professionals
Buyer's Agent
Jim Fulgenzi
RE/MAX Professionals
List Price
$400,000
Sold Price
$387,500
Premium/Discount to List
-$12,500
-3.12%
Total Days on Market
0
Current Estimated Value
$602,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,500
Avg. Annual Appreciation
7.81%
Original Mortgage
$310,000
Interest Rate
2.48%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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
Rahe Danielle S $387,500 Illinois Real Estate Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahe Danielle $804,600
Closed Rahe Danielle S $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $387,500 -3.1% $103 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $400,000 -- $107 / 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
2023 $6,293 $98,037 $14,447 $83,590
2022 $5,938 $91,140 $13,338 $77,802
2021 $5,686 $87,155 $12,603 $74,552
2020 $5,590 $86,338 $12,267 $74,071
2019 $5,414 $85,714 $11,975 $73,739
2018 $5,350 $84,162 $11,791 $72,371
2017 $5,175 $81,475 $11,096 $70,379
2016 $5,021 $78,836 $10,619 $68,217
2015 $4,893 $76,524 $10,197 $66,327
2014 $4,810 $75,346 $10,057 $65,289
2013 $4,827 $75,817 $9,915 $65,902
Source: Public Records

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Source: RMLS Alliance

MLS Number: CA1001784

RMLS Alliance

APN: 15-32.0-300-011