NOT LISTED FOR SALE

Estimated Value: $66,000 - $94,000

3 Beds
2 Baths
1,694 Sq Ft
$48/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $55,000 $32 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $601/month

6 Days on Market

About This Home

As of July 2021

Clean and ready to rent. Duplex has a 1 bd on 1st floor, 2 bd upper unit. Basement was once an apartment but now gutted. There's a room in bsmt with laundry hook ups and also plumbing stubbed in from former apartment. Rents are what was previously received. Units are all electric with baseboard heat. One water heater for entire building and owner pays water/sewer and common area electric. Selling prefers to sell as package with lot next door (1425 S 7th TIN 22030102015) which is also zoned B1 and approx 102x80. If purchase duplex only price negotiable. Inspections welcome but selling As Is.

Last Listed By

Linda Maier

Century 21 Real Estate Assoc License #471018898 Listed on: 06/15/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,541

Year Built

  • Built in 1900

Lot Details

  • 4,008

Home Design

  • Duplex

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Springfield Southeast High School

Utilities

  • Cable TV Available

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,541

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: W 50" L7 B3 Elijah Iles Sub Land #3 Pt NW 3-15-5 (617 Pine)
  • Lvt Date: 06/16/2021
  • Year Built: 1900
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable Tv Available
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Full, Block
  • Price Per Sq Ft: 32.47
  • Total Sq Ft: 1694

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Parking Slab
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Electric, No Cooling
  • Water Sewer: Public Sewer, Public Water
  • Electric Expense: 1101
  • Garbage Collection Exp: 216
  • Water Sewer Expenses: 960

Schools

  • High School: Springfield Southeast
  • High School: Springfield Southeast

Lot Info

  • Estimated Lot Size: 50x80
  • Lot Description: Level, Extra Lot
  • Zoning: B-1
  • Additional Assessor Parcel Numbers: 22030102015
  • Geo Subdivision: IL

Rental Info

  • Gross Annual Rent Income: 14400

Tax Info

  • Annual Taxes: 1541.28
  • Parcel Id Number Tax Id: 22030102014
  • Tax Year: 2020

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 14400
  • Total Number Electric Meters: 2
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jul 8, 2021
Sold by
Scb Investments Midwest Llc
Bought by
Dodson Benjamin
Seller's Agent
Linda Maier
Century 21 Real Estate Assoc
Buyer's Agent
Cynthia Grady
The Real Estate Group, Inc.
List Price
$60,000
Sold Price
$55,000
Premium/Discount to List
-$5,000
-8.33%
Total Days on Market
6
Current Estimated Value
$81,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,170
Avg. Annual Appreciation
10.49%
Original Mortgage
$44,000
Outstanding Balance
$40,268
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$40,902

Purchase Details

Closed on
Jun 1, 2007

Purchase Details

Closed on
Jan 26, 2007

Purchase Details

Closed on
Dec 13, 2006

Range of Values:

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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
Dodson Benjamin $55,000 Prairie Land Title
Dodson Benjamin $55,000 Prairie Land Title
-- -- --
-- -- --
-- $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dodson Benjamin $44,000
Closed Dodson Benjamin $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $55,000 -8.3% $32 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $60,000 -- $35 / 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 $1,760 $20,949 $2,739 $18,210
2023 $1,692 $19,135 $2,502 $16,633
2022 $1,627 $18,151 $2,373 $15,778
2021 $1,573 $17,471 $2,284 $15,187
2020 $1,541 $17,497 $2,287 $15,210
2019 $1,513 $17,436 $2,279 $15,157
2018 $1,633 $19,332 $2,268 $17,064
2017 $1,600 $19,082 $2,239 $16,843
2016 $1,568 $18,803 $2,206 $16,597
2015 $1,553 $18,579 $2,180 $16,399
2014 $1,530 $18,459 $2,166 $16,293
2013 $1,496 $18,459 $2,166 $16,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: CA1007832

RMLS Alliance

APN: 22-03.0-102-014