NOT LISTED FOR SALE

508 Cravens Rd Springfield, IL 62712

Estimated Value: $563,000

4 Beds
3 Baths
3,745 Sq Ft
$150/Sq Ft Est. Value

Last Sold September 25, 2020

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

Est. 45% increase in value since last sale

Current estimated payment $3,537/month

Highlights

  • Deck
  • Vaulted Ceiling
  • No HOA
  • Rochester High School Rated A-
  • Ranch Style House
  • 5 Car Garage

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 Agent to Sell the Property

Melissa Vorreyer

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

RE/MAX Professionals

Last Buyer's Agent

Jim Fulgenzi

RE/MAX Professionals License #471021607

RE/MAX Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,414

Year Built

  • Built in 1993

Parking

  • 5 Car Garage

Home Design

  • Ranch Style House
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,745 Sq Ft Home
  • Wet Bar
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Shed
  • Porch

Schools

  • Rochester District #3A High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 15320300011

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,414

Year Built

Built in 1993

Lot Details

0

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1993
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • PricePerSqFt: 191.26
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Basement: Sump Hole
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Bar, Vaulted Ceiling(s), Wet Bar, Ceiling Fan(s)
  • Living Area: 3745
  • TotalBasementSqFt: 2026
  • KitchenDining: Dining Informal,Eat-In Kitchen,Island

Exterior Features

  • Lot Features: Other, Extra Lot
  • Construction Type: Brick, Vinyl Siding, Frame
  • Exterior Features: Shed(s)
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 5
  • Parking Features: Attached, Detached, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Electric, Natural Gas, Forced Air, Propane Rented
  • Water Source: Public
  • NumberOfGarageRemotes: 0

Condo/Co-op/Association

  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Rochester District #3A

Lot Info

  • Zoning: R-1 and Ag
  • Lot Size: 10 acres
  • Parcel #: 15320300011

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5413.54
  • TaxExemptions: Homestead/Owner Occupied

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%
Current Estimated Value
$563,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,500
Avg. Annual Appreciation
7.68%
Original Mortgage
$310,000
Outstanding Balance
$273,584
Interest Rate
2.48%
Mortgage Type
New Conventional
Estimated Equity
$289,416
Source: Public Records

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 S $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2024 $6,622 $106,088 $15,719 $90,369
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

Agents Affiliated with this Home

  • Melissa Vorreyer

    Seller's Agent in 2020

    Melissa Vorreyer

    RE/MAX Professionals

    (217) 787-7215

    722 Total Sales

    Melissa Vorreyer
    Section Image
  • Jim Fulgenzi

    Buyer's Agent in 2020

    Jim Fulgenzi

    RE/MAX Professionals

    (217) 341-5393

    734 Total Sales

    Jim Fulgenzi
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1001784

RMLS Alliance

APN: 15-32.0-300-011

Illinois Sangamon County Springfield 62712

508 Cravens Rd, Springfield, IL

This home is located at 508 Cravens Rd, Springfield, IL 62712 since 11 August 2020 and is currently estimated at $563,000, approximately $150 per square foot. This property was built in 1993. 508 Cravens Rd is a home located in Sangamon County with nearby schools including Rochester Elementary Ec-1 School, Rochester Elementary School, and Rochester Intermediate 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.

RMLS Alliance IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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