NOT LISTED FOR SALE

609 W Capitol Ave Springfield, IL 62704

Vinegar Hill Neighborhood

Estimated Value: $119,812 - $126,000

Studio
-- Bath
1,688 Sq Ft
$73/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $104,000 $62 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $845/month

4 Days on Market

Highlights

  • 4 Car Detached Garage
  • Baseboard Heating
  • Wood Siding
  • Springfield High School Rated A-
  • Level Lot

About This Home

As of April 2023

Centrally located 4-plex near downtown and walking distance to the Capitol with private parking on site. All units are 1 bedroom studio style apartments with kitchens. All electric. Tenants pay electric. Owner pays water, common electric, and trash. Units 1 and 2 both have long term tenants and units 3 and 4 are vacant for new occupancy. Full basement with storage area. Small covered shared patio area. Alley access to private parking. Apt 2 remodeled in 2018-new stove and microwave, all kitchen set up (sink, tiled back splash, cabinets, plumbing) air conditioner, shower plumbing redone, bathroom sink/cabinet, bathroom door; linoleum floor throughout-and is pictured at that time. Roof approximately 2015.

Last Agent to Sell the Property

Roni Mohan

RE/MAX Professionals License #475121806 Listed on: 03/17/2023

RE/MAX Professionals

Last Buyer's Agent

Roni Mohan

RE/MAX Professionals License #475121806 Listed on: 03/17/2023

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,208

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 40 x 158.33
  • Level Lot

Home Design

  • Brick Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,688 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Car Detached Garage
  • Assigned Parking

Schools

  • Graham Elementary School
  • Franklin Middle School
  • Springfield High School

Utilities

  • Window Unit Heating System
  • Baseboard Heating
  • Cable TV Available

Community Details

  • Trash Expense $360

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 14330205023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,208

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1910
  • New Construction: No
  • Structure Type: Quadruplex
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Wood Siding
  • Foundation Details: Brick
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Assigned, Detached
  • Total Parking Spaces: 4

Utilities

  • Heating: Baseboard, Electric, Window Unit(s)
  • Laundry Features: None
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 4
  • NumberofRefrigerators: 4
  • NumberOfWindowUnits: 4

Fee Information

  • Trash Expense: 360
  • AdvertisingExpense: 0

Schools

  • Elementary School: Graham
  • High School: Springfield
  • Middle Or Junior School: Franklin

Lot Info

  • Lot Size: 40 x 158.33
  • Parcel #: 14330205023

Rental Info

  • Tenant Pays: Electricity
  • Lease Term: Month To Month

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2208.46
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Jacob Johnnie
Bought by
Jacob Johnnie and Jacob Family Living Trust Jacob
Current Estimated Value
$123,167

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 1, 2023
Sold by
Digirolamo Janice L
Bought by
Jacob Johnnie
Seller's Agent
Roni Mohan
RE/MAX Professionals
Buyer's Agent
Roni Mohan
RE/MAX Professionals
List Price
$99,000
Sold Price
$104,000
Premium/Discount to List
$5,000
5.05%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$78,000
Interest Rate
6.6%
Mortgage Type
New Conventional
Source: Public Records
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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
Jacob Johnnie -- None Listed On Document
Jacob Johnnie $104,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jacob Johnnie $78,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $104,000 +5.1% $62 / Sq Ft
03/17/2023 03/17/23 For Sale $99,000 -- $59 / 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 $2,471 $29,420 $15,819 $13,601
2023 $2,376 $26,872 $14,449 $12,423
2022 $2,284 $25,490 $13,706 $11,784
2021 $2,208 $24,536 $13,193 $11,343
2020 $2,165 $24,573 $13,213 $11,360
2019 $2,124 $24,487 $13,167 $11,320
2018 $2,184 $25,850 $13,107 $12,743
2017 $2,139 $25,516 $12,938 $12,578
2016 $2,097 $25,144 $12,749 $12,395
2015 $2,077 $24,844 $12,597 $12,247
2014 $2,046 $24,684 $12,516 $12,168
2013 $2,000 $24,684 $12,516 $12,168
Source: Public Records

Agents Affiliated with this Home

  • Roni Mohan

    Seller's Agent in 2023

    Roni Mohan

    RE/MAX Professionals

    (217) 899-7899

    2 in this area

    148 Total Sales

    Roni Mohan
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Map

Source: RMLS Alliance

MLS Number: CA1021045

RMLS Alliance

APN: 14-33.0-205-023

Illinois Sangamon County Springfield 62704 Vinegar Hill

609 W Capitol Ave, Springfield, IL

Not Listed for Sale

MultiFamily

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