NOT LISTED FOR SALE

702 W Miller St Springfield, IL 62702

Oak Ridge Neighborhood

Estimated Value: $74,000 - $94,000

Studio
-- Bath
1,506 Sq Ft
$57/Sq Ft Est. Value

Last Sold May 07, 2024

Last sale price $70,000 $46 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $581/month

10 Days on Market

About This Home

As of May 2024

Great income potential. Convenient location with easy access to the Medical District and downtown area. Main level offers a living room, kitchen, 2 bedrooms and 1 bath. The upper unit offers a living room,1 bedroom and 1 bath. Full unfinished basement!

Last Agent to Sell the Property

Clayton Yates

The Real Estate Group, Inc. License #475160796 Listed on: 03/20/2024

The Real Estate Group, Inc.

Last Buyer's Agent

Phillip Anderson

River Birch Realty License #471020583

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $821

Year Built

  • Built in 1880

Lot Details

  • Lot Dimensions are 40x134

Home Design

  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,506 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • On-Street Parking

Schools

  • Springfield District #186 High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 14-28.0-327-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$821

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1880
  • New Construction: No
  • Structure Type: Two or More Story
  • Age55PlusDevelopment: No
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished

Exterior Features

  • Lot Features: Other
  • Construction Type: Vinyl Siding
  • Roof: Metal
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street
  • Total Parking Spaces: 1

Utilities

  • Heating: Forced Air, Gas, Central Air
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 1
  • NumberofRefrigerators: 2
  • NumberOfWashers: 1
  • NumberOfDryers: 1
  • NumberOfDishwashers: 1

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 40x134
  • Parcel #: 14-28.0-327-006

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 820.82
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
May 7, 2024
Sold by
Wilmarth Renewals Llc
Bought by
Lo Stine Investments Llc
Seller's Agent
Clayton Yates
The Real Estate Group, Inc.
Buyer's Agent
Phillip Anderson
River Birch Realty
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%
Views
33
Current Estimated Value
$86,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,494
Avg. Annual Appreciation
13.51%
Original Mortgage
$192,500
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2024
Closed on
Mar 12, 2024
Sold by
Jj10 Properties Llc
Bought by
Wilmarth Renewals Llc
Seller's Agent
Clayton Yates
The Real Estate Group, Inc.
Buyer's Agent
Phillip Anderson
River Birch Realty
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2013
Closed on
Jul 9, 2013
Seller's Agent
Stephanie Do
Do Realty Services, Inc.
Buyer's Agent
JAMI WINCHESTER
The Real Estate Group, Inc.
List Price
$21,900
Sold Price
$22,000
Premium/Discount to List
$100
0.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%

Purchase Details

Closed on
Mar 6, 2013

Purchase Details

Closed on
Feb 19, 2013

Purchase Details

Closed on
Aug 2, 2012

Purchase Details

Closed on
Aug 1, 2003

Purchase Details

Closed on
Sep 19, 1996
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
Lo Stine Investments Llc $70,000 None Listed On Document
Wilmarth Renewals Llc $192,500 None Listed On Document
Jj10 Properties Llc $185,000 None Listed On Document
-- $22,000 --
-- -- --
-- $11,800 --
-- -- --
-- $41,000 --
-- $35,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilmarth Renewals Llc $192,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2024 05/07/24 Sold $70,000 -17.6% $46 / Sq Ft
04/06/2024 04/06/24 Pending -- -- --
03/27/2024 03/27/24 For Sale $85,000 +286.4% $56 / Sq Ft
07/10/2013 07/10/13 Sold $22,000 +0.5% $16 / Sq Ft View Prior Sale
06/28/2013 06/28/13 Pending -- -- --
06/21/2013 06/21/13 For Sale $21,900 -- $16 / 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 $1,550 $24,453 $2,541 $21,912
2023 $882 $15,981 $2,320 $13,661
2022 $821 $15,160 $2,201 $12,959
2021 $773 $14,593 $2,119 $12,474
2020 $1,287 $14,615 $2,122 $12,493
2019 $1,264 $14,564 $2,115 $12,449
2018 $692 $8,192 $2,104 $6,088
2017 $678 $8,086 $2,077 $6,009
2016 $665 $7,968 $2,047 $5,921
2015 $658 $7,873 $2,023 $5,850
2014 $608 $7,822 $2,010 $5,812
2013 $1,313 $16,203 $2,010 $14,193
Source: Public Records

Agents Affiliated with this Home

  • Clayton Yates

    Seller's Agent in 2024

    Clayton Yates

    The Real Estate Group, Inc.

    (217) 371-1370

    9 in this area

    461 Total Sales

    Clayton Yates
    Section Image
  • Phillip Anderson

    Buyer's Agent in 2024

    Phillip Anderson

    River Birch Realty

    (217) 638-7374

    1 in this area

    11 Total Sales

    Phillip Anderson
    Section Image
  • Stephanie Do

    Seller's Agent in 2013

    Stephanie Do

    Do Realty Services, Inc.

    (217) 241-2523

    6 in this area

    241 Total Sales

    Stephanie Do
    Section Image
  • JAMI WINCHESTER

    Buyer's Agent in 2013

    JAMI WINCHESTER

    The Real Estate Group, Inc.

    (217) 306-1000

    20 in this area

    1,412 Total Sales

    JAMI WINCHESTER
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1028041

RMLS Alliance

APN: 14-28.0-327-006

Illinois Sangamon County Springfield 62702 Oak Ridge

702 W Miller St, Springfield, IL

Not Listed for Sale

MultiFamily

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