NOT LISTED FOR SALE

700 Teal Dr Springfield, IL 62707

Estimated Value: $328,000 - $488,000

4 Beds
5 Baths
2,985 Sq Ft
$142/Sq Ft Est. Value

Last Sold October 15, 2024

Last sale price $426,129 $143 Per Sq Ft

Current estimated payment $2,932/month

18 Days on Market

Highlights

  • 6.5 Acre Lot
  • Wooded Lot
  • No HOA
  • Deck
  • Ranch Style House
  • 6.5 Car Garage

About This Home

As of October 2024

This is a rare opportunity to own nearly 7 wooded acres, offering a unique blend of seclusion and outdoor living just minutes from the edge of town. This spacious, well-maintained ranch is nestled among abundant trees, with opportunities for hiking and unmatched privacy. The property features a 4-season room, screened porch, and custom pergola, all designed to maximize the enjoyment of the scenic views and frequent wildlife sightings. For those with storage needs, the home includes an attached 2.5 car garage & 2 additional 2-car detached garages, providing ample space for up to 6 vehicles and more. Inside, you'll find updated bathrooms, stainless steel appliances, quatrz counters, a stone fireplace, crown molding, and a large basement with a finished office and half bath. The home has been pre-inspected by B-Safe, with all necessary repairs completed by the seller, ensuring a worry-free purchase.

Last Agent to Sell the Property

Jim Fulgenzi

RE/MAX Professionals Brokerage Phone: 217-341-5393 License #471021607 Listed on: 08/23/2024

RE/MAX Professionals

Last Buyer's Agent

Debra Sarsany

The Real Estate Group, Inc. License #475118739

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,019

Year Built

  • Built in 1992

Lot Details

  • 6.5 Acre Lot
  • Cul-De-Sac
  • Sloped Lot
  • Wooded Lot

Parking

  • 6.5 Car Garage
  • Heated Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Foundation
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,985 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room with Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Screened Patio

Schools

  • Springfield District #186 High School

Utilities

  • Central Heating
  • Heating System Uses Propane
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Walnut Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14100176009

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,019

Year Built

Built in 1992

Lot Details

0

Parking

6

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1992
  • Architectural Style: Ranch
  • New Construction: No
  • Attribution Contact: Mobl: 217-341-5393
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Full, Partially Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Fireplaces: 1
  • Interior Amenities: Cable Available, Ceiling Fan(s)
  • Living Area: 2985
  • KitchenDining: Breakfast Bar,Pantry

Exterior Features

  • Lot Features: Cul-De-Sac, Sloped, Wooded
  • Road Surface Type: Paved
  • Construction Type: Frame, Brick, Vinyl Siding
  • Exterior Features: Deck, Screened Patio
  • Foundation Details: Concrete
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Garage Yn: Yes
  • Garage Spaces: 6.5
  • Parking Features: Attached, Detached, Heated, Oversized

Utilities

  • Heating: Propane, Central Air
  • Water Source: Public Sewer, Public

Condo/Co-op/Association

  • Senior Community: No
  • MandatoryMonthlyFee: No

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size Acres: 6.5
  • Lot Size: 6.5 acres
  • Parcel #: 14100176009

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8018.62
  • TaxExemptions: Homestead/Owner Occupied,Senior Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Oct 15, 2024
Sold by
John Paul Altman Living Trust and Mary Emma Altman Living Trust
Bought by
Richey Adam and Richey Katherine
Seller's Agent
Jim Fulgenzi
RE/MAX Professionals
Buyer's Agent
Debra Sarsany
The Real Estate Group, Inc.
List Price
$439,900
Sold Price
$426,129
Premium/Discount to List
-$13,771
-3.13%
Views
330
Current Estimated Value
$425,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$881
Avg. Annual Appreciation
-0.17%
Original Mortgage
$426,129
Outstanding Balance
$421,649
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$3,599

Purchase Details

Closed on
Mar 6, 1998
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
Richey Adam $426,500 None Listed On Document
-- $218,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richey Adam $426,129
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2024 10/15/24 Sold $426,129 +1.5% $143 / Sq Ft
09/10/2024 09/10/24 Pending -- -- --
09/04/2024 09/04/24 Price Changed $419,900 -4.5% $141 / Sq Ft
08/23/2024 08/23/24 For Sale $439,900 -- $147 / 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 $8,521 $112,452 $14,403 $98,049
2023 $8,109 $102,715 $13,156 $89,559
2022 $7,745 $97,434 $12,480 $84,954
2021 $7,452 $93,786 $12,013 $81,773
2020 $7,305 $93,927 $12,031 $81,896
2019 $7,166 $93,599 $11,989 $81,610
2018 $6,940 $93,143 $11,931 $81,212
2017 $6,785 $91,939 $11,777 $80,162
2016 $6,638 $90,598 $11,605 $78,993
2015 $6,563 $89,515 $11,466 $78,049
2014 $6,459 $88,937 $11,392 $77,545
2013 $6,315 $88,937 $11,392 $77,545
Source: Public Records

Agents Affiliated with this Home

  • Jim Fulgenzi

    Seller's Agent in 2024

    Jim Fulgenzi

    RE/MAX Professionals

    (217) 341-5393

    708 Total Sales

    Jim Fulgenzi
    Section Image
  • Debra Sarsany

    Buyer's Agent in 2024

    Debra Sarsany

    The Real Estate Group, Inc.

    (217) 313-0580

    661 Total Sales

    Debra Sarsany
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1031357

RMLS Alliance

APN: 14-10.0-176-009

Illinois Sangamon County Springfield 62707

700 Teal Dr, Springfield, IL

Not Listed for Sale

Detached

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