NOT LISTED FOR SALE

724 W Elliott Ave Springfield, IL 62702

Oak Ridge Neighborhood

Estimated Value: $57,000 - $82,000

2 Beds
2 Baths
1,100 Sq Ft
$66/Sq Ft Est. Value

Last Sold August 02, 2021

Last sale price $73,000 $66 Per Sq Ft

Current estimated payment $483/month

About This Home

As of August 2021

This well maintained brick duplex has so much to love! Original hardwood floors run through the living room and bedroom on each side. Each side of this duplex has its own unfinished basement area with laundry hook ups. Each side of the basement is lockable to ensure personal property safety. The property has excellent rental history and is currently rented and under lease until June 2022.

Last Agent to Sell the Property

Dustin Walker

IN BETWEEN OFFICES License #471021632 Listed on: 07/13/2021

Last Buyer's Agent

Dustin Walker

IN BETWEEN OFFICES License #471021632 Listed on: 07/13/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,273

Year Built

  • Built in 1957

Lot Details

  • 3,049

Home Design

  • Duplex

Interior Spaces

  • Storage

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Schools

  • Lanphier High School

Listing and Financial Details

  • Tenant pays for gas & electric, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,273

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: W 103' LOT 16 & W 103' OFN 27.02' LOT 15 BLK 4FRANK OSBURNS ADDN(3,135 SQ FT)
  • Lvt Date: 07/13/2021
  • Year Built: 1957
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Additional Storage
  • Number of Ranges: 2
  • Number Refrigerators: 2
  • Basement: Block, Full, Unfinished
  • Price Per Sq Ft: 66.36
  • Total Sq Ft: 1100

Exterior Features

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

Garage/Parking

  • Garage Parking: On-Street Parking
  • Number Parking Spaces: 2

Utilities

  • Heating Cooling: Gas, Central Air, Water Heater - Gas
  • Water Sewer: Public Sewer, Public Water
  • Laundry Facilities: Private, Units Hook-Ups

Schools

  • High School: Lanphier High School
  • High School: Lanphier High School

Lot Info

  • Estimated Lot Size: 61 x 103
  • Lot Description: Corner, Level
  • Additional Assessor Parcel Numbers: 14284131028
  • Geo Subdivision: IL

Rental Info

  • Tenant Pays: Gas & Electric, Sewer, Water
  • Lease Information: 1 Year

Tax Info

  • Annual Taxes: 1272.7
  • Parcel Id Number Tax Id: 14280131028
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2020

Multi Family

  • Total Number Units: 2
  • 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: 2
  • Total Number Water Meters: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 2, 2021
Sold by
Scott Marissa L
Bought by
Palindrome Properties Llc
Seller's Agent
Dustin Walker
IN BETWEEN OFFICES
Buyer's Agent
Dustin Walker
IN BETWEEN OFFICES
List Price
$74,900
Sold Price
$73,000
Premium/Discount to List
-$1,900
-2.54%
Current Estimated Value
$72,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$356
Avg. Annual Appreciation
1.76%
Original Mortgage
$65,700
Outstanding Balance
$17,992
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$60,334

Purchase Details

Closed on
Dec 8, 2006

Purchase Details

Closed on
Jun 20, 2006

Purchase Details

Closed on
Jan 20, 2006

Purchase Details

Closed on
Oct 7, 2003

Purchase Details

Closed on
Jul 9, 2001

Purchase Details

Closed on
Jun 29, 2001

Purchase Details

Closed on
Nov 6, 2000
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
Palindrome Properties Llc $73,000 Prairie Land Title
Palindrome Properties Llc $73,000 Prairie Land Title
-- $57,500 --
-- $75,900 --
-- -- --
-- $72,000 --
-- $95,000 --
-- $96,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palindrome Properties Llc $65,700
Closed Palindrome Properties Llc $65,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2021 08/02/21 Sold $73,000 -2.5% $66 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $74,900 -- $68 / 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 $1,028 $12,241 $1,685 $10,556
2023 $989 $11,181 $1,539 $9,642
2022 $950 $10,606 $1,460 $9,146
2021 $379 $10,209 $1,405 $8,804
2020 $372 $10,224 $1,407 $8,817
2019 $363 $10,188 $1,402 $8,786
2018 $350 $10,138 $1,395 $8,743
2017 $336 $10,007 $1,377 $8,630
2016 $1,520 $19,723 $2,714 $17,009
2015 $1,629 $19,488 $2,682 $16,806
2014 $1,605 $19,362 $2,665 $16,697
2013 $1,569 $19,362 $2,665 $16,697
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dustin Walker

    IN BETWEEN OFFICES

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Map

Source: RMLS Alliance

MLS Number: CA1008434

RMLS Alliance

APN: 14-28.0-131-028

Illinois Sangamon County Springfield 62702 Oak Ridge

724 W Elliott Ave, Springfield, IL

This home is located at 724 W Elliott Ave, Springfield, IL 62702 since 13 July 2021 and is currently estimated at $72,644, approximately $66 per square foot. This property was built in 1957. 724 W Elliott Ave is a home located in Sangamon County with nearby schools including Enos Elementary School, U.S. Grant Middle School, and Lanphier 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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