NOT LISTED FOR SALE

Town House Condominiums 718 S 7th St Unit 507 Springfield, IL 62703

Old Aristocracy Hill Neighborhood

Estimated Value: $51,000 - $58,000

1 Bed
1 Bath
650 Sq Ft
1958 Built

Sale Details

Date Sold: February 28, 2024

Last sale price $50,000 $77 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $890 / mo

4 Days on Market

Highlights

  • Corner Lot
  • Parking Garage
  • Forced Air Heating System
  • Springfield High School Rated A-
  • Guest Parking

About This Home

As of February 2024

Excellent opportunity to enjoy downtown living at its finest. The Town House is located in the heart of downtown Springfield, close to shopping, work and dining. Unit 507 is a finely appointed one bedroom condo with a large balcony. This unit is super clean and neat with newer flooring and paint, simply ready for you to move in and enjoy. The Town House offers a large lobby, a colonnade room perfect for gathering with family and friends, 24 hour staff, underground parking (based upon availability & a nominal cost). The association fee includes: all utilities, basic cable, staffing, common area interior and exterior maintenance.

Last Agent to Sell the Property

Jay Clark

The Real Estate Group, Inc. Brokerage Phone: 217-787-7000 License #475103848 Listed on: 02/06/2024

The Real Estate Group, Inc.

Last Buyer's Agent

KATHY GARST

IN BETWEEN OFFICES License #475121251

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $515

Year Built

  • Built in 1958

HOA Fees

  • $517 Monthly HOA Fees

Home Design

  • Stone

Interior Spaces

  • 650 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Parking Garage
  • Common or Shared Parking
  • Guest Parking
  • On-Street Parking

Schools

  • Springfield District #186 High School

Additional Features

  • Level Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 14340190041

Property Details

Home Type

Condominium

Est. Annual Taxes

$515

Year Built

Built in 1958

Lot Details

0 Sq Ft Lot

HOA Fees

$517 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Attached Condo
  • Year Built: 1958
  • New Construction: No
  • Building Stories: 1
  • Age55PlusDevelopment: No
  • Attribution Contact: Offc: 217-787-7000
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 650
  • Stories: 4
  • KitchenDining: Dining Formal,Galley

Exterior Features

  • Lot Features: Corner Lot, Level
  • Construction Type: Stone
  • Roof: Other
  • 100YearPlain: No
  • Conversion: 1

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest Parking, On Street, Parking Garage, Shared Garage/Stall, Underground

Utilities

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

Condo/Co-op/Association

  • Association #2 Fee: 517
  • MandatoryMonthlyFee: Yes
  • MandatoryAnnualFee: No
  • CondoProject: The Town House

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: unknown
  • Parcel #: 14340190041

Rental Info

  • RentalAllowed: 0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 514.62
  • TaxExemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2024
Closed on
Feb 28, 2024
Sold by
Bought by
Seller's Agent
Jay Clark
The Real Estate Group, Inc.
Buyer's Agent
KATHY GARST
IN BETWEEN OFFICES
List Price
$51,900
Sold Price
$50,000
Premium/Discount to List
-$1,900
-3.66%
Views
266
Current Estimated Value
$54,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,670
Avg. Annual Appreciation
3.94%

Purchase Details

Closed on
Mar 2, 2001

Purchase Details

Closed on
Jun 27, 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$50,000 None Listed On Document
$42,000 --
$39,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/28/2024 02/28/24 Sold $50,000 -3.7% $77 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
02/06/2024 02/06/24 For Sale $51,900 -- $80 / Sq Ft
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $934 $17,536 $1,702 $15,834
2024 $870 $16,355 $1,587 $14,768
2023 $564 $12,380 $1,451 $10,929
2022 $515 $11,743 $1,376 $10,367
2021 $477 $11,303 $1,324 $9,979
2020 $469 $11,320 $1,326 $9,994
2019 $458 $11,280 $1,321 $9,959
2018 $566 $12,696 $1,486 $11,210
2017 $548 $12,532 $1,467 $11,065
2016 $530 $12,350 $1,446 $10,904
2015 $519 $12,203 $1,429 $10,774
2014 $508 $12,124 $1,420 $10,704
2013 $496 $12,124 $1,420 $10,704
Source: Public Records

Agents Affiliated with this Home

  • Jay Clark

    Seller's Agent in 2024

    Jay Clark

    The Real Estate Group, Inc.

    (217) 725-3402

    19 in this area

    113 Total Sales

    Jay Clark
    Section Image

  • K

    Buyer's Agent in 2024

    KATHY GARST

    IN BETWEEN OFFICES

    Section Image
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About Town House Condominiums

Map

Source: RMLS Alliance

MLS Number: CA1027178

RMLS Alliance

APN: 14-34.0-190-041

Illinois Sangamon County Springfield 62703 Old Aristocracy Hill

718 S 7th St Unit 507, Springfield, IL

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RMLS Alliance All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.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.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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