NOT LISTED FOR SALE

5125 Old Route 36 Springfield, IL 62707

Estimated Value: $231,730

-- Bed
-- Bath
7,428 Sq Ft
$31/Sq Ft Est. Value

Last Sold November 18, 2013

Last sale price $160,000 $22 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,592/month

482 Days on Market

About This Home

As of November 2013

-Land Area: + 1.29 Acres4 Buildings: Building 1 + 2,304 SF, Building 2 +816 SF, Building 3 + 2,040 SF, Building 4 + 2,268 SFZoned: B-3 (County)2011 Real Estate Taxes : $3,410.983 Largest Buildings Equipped with Natural Gas Heat. Building Closest to Road Includes Office Space and Air Conditioning. Each Building Has Separate Electric Panel, Building Lease AmountsBUILDING 1 $785.00/mo BUILDING 2 $300.00/mo BUILDING 3 $550.00/mo Building 4 $600.00/mo

Last Agent to Sell the Property

Sam Nichols

True Commercial Real Estate License #471000181 Listed on: 07/24/2012

Last Buyer's Agent

SAM PERKS

IN BETWEEN OFFICES License #475144691

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Industrial
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Price Per Sq Ft: 21.54
  • Total Sq Ft: 7428

Lot Info

  • Zoning: B-3
  • Geo Subdivision: IL

Rental Info

  • Lease Type: Net
  • Sale Lease Includes: Building, Land

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2022
Sold by
Prestige Contracting Inc
Bought by
Michael Concrete Inc
Current Estimated Value
$231,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Outstanding Balance
$137,429
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$94,301

Purchase Details

Closed on
Aug 14, 2020
Sold by
Space Age Construction
Bought by
Prestige Contracting Inc

Purchase Details

Closed on
Jul 8, 2015

Purchase Details

Closed on
Dec 15, 2014

Purchase Details

Listed on
Jul 24, 2012
Closed on
Nov 18, 2013
Seller's Agent
Sam Nichols
True Commercial Real Estate
Buyer's Agent
SAM PERKS
IN BETWEEN OFFICES
List Price
$225,000
Sold Price
$160,000
Premium/Discount to List
-$65,000
-28.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
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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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
Michael Concrete Inc $185,000 Fernandes David A
Prestige Contracting Inc -- Zelle Law Offices Pc
Prestige Contracting Inc -- Zelle Law Offices Pc
-- $116,000 --
-- $116,000 --
-- $160,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael Concrete Inc $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2013 11/18/13 Sold $160,000 -28.9% $22 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
07/24/2012 07/24/12 For Sale $225,000 -- $30 / 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 $4,587 $72,663 $15,501 $57,162
2023 $4,267 $67,212 $14,338 $52,874
2022 $4,254 $62,558 $13,345 $49,213
2021 $4,141 $59,944 $12,787 $47,157
2020 $4,046 $59,556 $12,704 $46,852
2019 $3,942 $59,289 $12,647 $46,642
2018 $3,790 $58,189 $12,412 $45,777
2017 $3,705 $56,587 $12,070 $44,517
2016 $3,622 $54,848 $11,699 $43,149
2015 $3,736 $55,965 $11,556 $44,409
2014 $3,649 $55,089 $11,375 $43,714
2013 -- $55,606 $11,482 $44,124
Source: Public Records

Agents Affiliated with this Home

  • Sam Nichols

    Seller's Agent in 2013

    Sam Nichols

    True Commercial Real Estate

    (217) 787-2808

    10 Total Sales

    Sam Nichols
    Section Image

  • S

    Buyer's Agent in 2013

    SAM PERKS

    IN BETWEEN OFFICES

See All Agents

Map

Source: RMLS Alliance

MLS Number: RMACA123792

RMLS Alliance

APN: 15-21.0-101-036

Illinois Sangamon County Springfield 62707

5125 Old Route 36, Springfield, IL

Not Listed for Sale

Other

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