NOT LISTED FOR SALE

627 W Cedar St Springfield, IL 62704

Estimated Value: $224,000 - $242,000

4 Beds
2 Baths
2,858 Sq Ft
$82/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $160,000 $56 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,747/month

About This Home

As of January 2021

This beautiful two story all brick duplex in Hawthorne Place offers a historic home with classic character AND modern updates. Two units have separate addresses. This unit is an up and down duplex on the second floor and basement. The unit is a two bedroom one bath on the second floor and a one bedroom and one bathroom on the basement with hardwood floors, separate dining and living rooms, and tons of charm! All was renovated in 2023! There is a new renovated kitchen with new stainless steel appliances and dishwasher.. The unit also has its own washer and dryer in the basement that is not shared with other tenants. NEW roof, gutters, soffit, and downspouts in 2018; NEW AC and furnace (including all new ductwork, converting from old boiler system); and separate electric and gas meters. It features a non-working fireplace. Two car detached garage is shared by tenants. Tenants are paying for all Utilities. Owner pays for lawn care, and snow removal.

Last Agent to Sell the Property

ASHLEY COKER

The Real Estate Group, Inc. License #475160489 Listed on: 08/12/2020

The Real Estate Group, Inc.

Last Buyer's Agent

Emma Loret de Mola

The Real Estate Group, Inc. License #475175714

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,657

Year Built

  • Built in 1930

Lot Details

  • 6,403

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Schools

  • Butler Elementary School
  • Springfield District #186 High School

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas & electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,657

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story
  • Legal Description: W 117' L 21 & S 10' EX E 35' L 22 B 3 HAWTHORNE PLACE
  • Lvt Date: 08/12/2020
  • Year Built: 1930
  • 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, Brick
  • Price Per Sq Ft: 55.98
  • Total Sq Ft: 2858

Exterior Features

  • Exterior: Brick
  • Road Access: Curbs & Gutters
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Detached, On-Street Parking, Shared Garage
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: 2+ Heating Systems, Forced Air, Gas, 2+ Cooling Systems, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Garbage Collection Exp: 200
  • Laundry Facilities: Common
  • Water Sewer Expenses: 1200

Schools

  • Elementary School: Butler
  • Middle School: Franklin
  • High School: Springfield District #186
  • Elementary School: Butler
  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 43 x 152
  • Lot Description: Corner, Level
  • Subdivision: Hawthorne Place
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric
  • Gross Annual Rent Income: 20400
  • Lease Information: Month-To-Month, Various Terms

Tax Info

  • Annual Taxes: 3657
  • Parcel Id Number Tax Id: 22-04.0-127-027
  • Tax Year: 2019

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 20400
  • Total Number Central Air Units: 2
  • Total Number Electric Meters: 2
  • Total Number Gas Meters: 2
  • Total Number Heating Units: 2
  • Total Number Water Heaters: 1
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Franklin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Jan 8, 2021
Sold by
Palazzolo and Mary
Bought by
Demola Ricardo Loret and De Mola Emma
Seller's Agent
ASHLEY COKER
The Real Estate Group, Inc.
Buyer's Agent
Emma Loret de Mola
The Real Estate Group, Inc.
List Price
$167,500
Sold Price
$160,000
Premium/Discount to List
-$7,500
-4.48%
Current Estimated Value
$234,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,934
Avg. Annual Appreciation
5.55%
Original Mortgage
$136,000
Outstanding Balance
$122,487
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$83,900

Purchase Details

Closed on
Aug 30, 2010

Purchase Details

Closed on
Sep 30, 1999
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
Demola Ricardo Loret $160,000 Cornerstone Title
-- $112,500 --
-- $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demola Ricardo Loret $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2024 11/02/24 Off Market $1,200 -- --
10/08/2024 10/08/24 Off Market $1,200 -- --
09/19/2024 09/19/24 For Rent $1,200 0.0% --
08/07/2024 08/07/24 For Rent $1,200 0.0% --
01/15/2021 01/15/21 Sold $160,000 -4.5% $56 / Sq Ft
10/29/2020 10/29/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $167,500 -- $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 $6,026 $71,746 $6,606 $65,140
2023 $5,063 $57,269 $6,033 $51,236
2022 $4,868 $54,325 $5,723 $48,602
2021 $4,707 $52,291 $5,509 $46,782
2020 $3,726 $42,301 $5,517 $36,784
2019 $3,657 $42,154 $5,498 $36,656
2018 $3,399 $40,226 $5,472 $34,754
2017 $3,328 $39,706 $5,401 $34,305
2016 $3,263 $39,127 $5,322 $33,805
2015 $3,231 $38,659 $5,258 $33,401
2014 $3,183 $38,409 $5,224 $33,185
2013 $3,112 $38,409 $5,224 $33,185
Source: Public Records

Agents Affiliated with this Home

  • ASHLEY COKER

    Seller's Agent in 2021

    ASHLEY COKER

    The Real Estate Group, Inc.

    (217) 622-7235

    347 Total Sales

    ASHLEY COKER
    Section Image

  • E

    Buyer's Agent in 2021

    Emma Loret de Mola

    The Real Estate Group, Inc.

    (217) 381-9898

    13 Total Sales

    Emma Loret de Mola
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1001839

RMLS Alliance

APN: 22-04.0-127-027

Illinois Sangamon County Springfield 62704

627 W Cedar St, Springfield, IL

This home is located at 627 W Cedar St, Springfield, IL 62704 since 12 August 2020 and is currently estimated at $234,934, approximately $82 per square foot. This property was built in 1930. 627 W Cedar St is a home located in Sangamon County with nearby schools including Butler Elementary School, Benjamin Franklin Middle School, and Springfield Southeast 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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