NOT LISTED FOR SALE

617 W Lawrence Ave Springfield, IL 62704

Vinegar Hill Neighborhood
8 Beds
13 Baths
6,480 Sq Ft
0.31 Acres

Last Sold August 04, 2020

Last sale price $180,000 $28 Per Sq Ft

171 Days on Market

About This Home

As of August 2020

6 unit all brick apartment building in desirable location! All units are 2 bed, 1 bath & have separate electric meters. Many recent updates including: roof, flooring, counter tops, cabinets, toilets, bathtubs, sinks, & updated electrical & plumbing! Plenty of parking space!

Last Agent to Sell the Property

Joe Tetzlaff

RE/MAX Professionals License #471000757 Listed on: 12/30/2019

RE/MAX Professionals

Last Buyer's Agent

Joe Tetzlaff

RE/MAX Professionals License #471000757 Listed on: 12/30/2019

RE/MAX Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,884

Year Built

  • Built in 1968

Lot Details

  • 0.31

Schools

  • Springfield High School

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,884

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: E 40' W 70' S 200' L 2 Henry Browns Sub Lands & E 10' W 30 S 200 L 2 & W 20' S 105 L 2 & E 13' S 105
  • Lvt Date: 12/30/2019
  • Year Built: 1968
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Brick
  • Price Per Sq Ft: 27.78
  • Total Sq Ft: 6480

Exterior Features

  • Exterior: Brick
  • Road Access: Paved
  • Roofing: Shingles

Garage/Parking

  • Number Parking Spaces: 12

Utilities

  • Heating Cooling: Baseboard, Electric
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 1380
  • Water Sewer Expenses: 3600

Schools

  • High School: Springfield
  • High School: Springfield

Lot Info

  • Estimated Lot Size: 0.31 acres
  • Estimated Number of Acres: 0.31
  • Lot Description: Extra Lot
  • Additional Assessor Parcel Numbers: 14330253052
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Tenant Pays: Electric Only
  • Gross Annual Rent Income: 29004
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 5883.7
  • Parcel Id Number Tax Id: 14330253048
  • Tax Year: 2018

Multi Family

  • Total Number Units: 6
  • Gross Annual Income: 29004
  • Total Number Electric Meters: 6
  • Total Number Heating Units: 6
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2019
Closed on
Aug 4, 2020
Sold by
Alton Steven J
Bought by
Wang Ruey Lan Teng and Wang Wei Shin
Seller's Agent
Joe Tetzlaff
RE/MAX Professionals
Buyer's Agent
Joe Tetzlaff
RE/MAX Professionals
List Price
$225,000
Sold Price
$180,000
Premium/Discount to List
-$45,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$160,389
Interest Rate
3%

Purchase Details

Closed on
Jan 21, 2014

Purchase Details

Closed on
Jan 16, 2014

Purchase Details

Closed on
Sep 23, 2013

Purchase Details

Closed on
May 21, 2013

Purchase Details

Closed on
Aug 17, 2009

Purchase Details

Closed on
Oct 31, 2008

Purchase Details

Closed on
May 13, 2008

Purchase Details

Closed on
Jan 10, 2008

Purchase Details

Closed on
Oct 9, 2007

Purchase Details

Closed on
Nov 25, 2003

Purchase Details

Closed on
Oct 30, 2001

Purchase Details

Closed on
Mar 12, 1999

Purchase Details

Closed on
Sep 4, 1996
Source: Public Records

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
Wang Ruey Lan Teng $180,000 Barber Segatto Hoffee Wilke &
-- $50,000 --
-- -- --
-- -- --
-- -- --
-- $112,500 --
-- -- --
-- -- --
-- -- --
-- -- --
-- $187,000 --
-- $83,000 --
-- -- --
-- $162,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Ruey Lan Teng $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $180,000 -20.0% $28 / Sq Ft
06/18/2020 06/18/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $225,000 0.0% $35 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
03/03/2020 03/03/20 Price Changed $225,000 -16.7% $35 / Sq Ft
12/30/2019 12/30/19 For Sale $270,000 -- $42 / 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 $7,150 $85,128 $7,663 $77,465
2023 $6,875 $77,756 $6,999 $70,757
2022 $6,378 $71,177 $6,639 $64,538
2021 $6,167 $68,511 $6,390 $62,121
2020 $6,044 $68,614 $6,400 $62,214
2019 $5,932 $68,375 $6,378 $61,997
2018 $5,518 $65,309 $6,335 $58,974
2017 $5,404 $64,464 $6,253 $58,211
2016 $5,298 $63,524 $6,162 $57,362
2015 $5,246 $62,764 $6,088 $56,676
2014 $3,262 $62,359 $6,049 $56,310
2013 $3,189 $39,359 $6,049 $33,310
Source: Public Records

Agents Affiliated with this Home

  • Joe Tetzlaff

    Seller's Agent in 2020

    Joe Tetzlaff

    RE/MAX Professionals

    (217) 416-3481

    12 in this area

    212 Total Sales

    Joe Tetzlaff
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Map

Source: RMLS Alliance

MLS Number: RMACA997166

RMLS Alliance

APN: 14-33.0-253-048

Illinois Sangamon County Springfield 62704 Vinegar Hill

617 W Lawrence Ave, Springfield, IL

This home is located at 617 W Lawrence Ave, Springfield, IL 62704 since 30 December 2019. This property was built in 1968. 617 W Lawrence Ave is a home located in Sangamon County with nearby schools including Elizabeth Graham Elementary School, Benjamin Franklin Middle School, and Springfield High 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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