Seller's Agent in 2019
Curtis Tillett
The Real Estate Group, Inc.
(217) 553-7022
2 in this area
34 Total Sales
725 S 2nd St Springfield, IL 62704
Vinegar Hill NeighborhoodEstimated Value: $1,239,400
Studio
--
Bath
15,300
Sq Ft
$81/Sq Ft
Est. Value
About This Home
As of June 2019Subject property is a two-story professional office building with a renewed lease in place that has 4 years remaining in the current term. Annual gross rent beginning 10/1/18 will be $210,000. Current tenant has occupied building since 2003. Recent repairs/upgrades include all windows on the second floor, stairwells, all restrooms but one and patching/painting of second floor offices.
Last Agent to Sell the Property
The Real Estate Group, Inc. License #475089421 Listed on: 02/01/2019
Last Buyer's Agent
The Real Estate Group, Inc. License #475089421 Listed on: 02/01/2019
Property Details
Property Type
Other
Lot Details
0.61 Acres
Listing Details
- Class: Commercial/Cie
- Type: Commercial/Cie
- Sub Type: Office
- Special Features: None
- Property Sub Type: Other
Interior Features
- Price Per Sq Ft: 57.19
- Total Sq Ft: 15300
Lot Info
- Zoning: R-5b
- Geo Subdivision: IL
Rental Info
- Lease Dollar Sq Ft: 2
- Sale Lease Includes: Building, Land
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2019
Closed on
May 14, 2019
Sold by
Hodgkins Venture Llc
Bought by
Ram Capital Llc
Seller's Agent
Curtis Tillett
The Real Estate Group, Inc.
Buyer's Agent
Curtis Tillett
The Real Estate Group, Inc.
List Price
$1,100,000
Sold Price
$875,000
Premium/Discount to List
-$225,000
-20.45%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,400
Avg. Annual Appreciation
5.18%
Purchase Details
Closed on
Mar 17, 2015
Purchase Details
Closed on
Jan 28, 2013
Purchase Details
Closed on
Feb 13, 1995
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Ram Capital Llc | $875,000 | Sheehan & Sheehan Lawyers | |
| -- | -- | -- | |
| -- | -- | -- | |
| -- | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/13/2019 06/13/19 | Sold | $875,000 | -20.5% | $57 / Sq Ft |
| 04/09/2019 04/09/19 | Pending | -- | -- | -- |
| 02/01/2019 02/01/19 | For Sale | $1,100,000 | -- | $72 / Sq Ft |
Source: RMLS Alliance
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 | $29,140 | $346,930 | $102,874 | $244,056 |
| 2023 | $28,016 | $316,889 | $93,966 | $222,923 |
| 2022 | $26,936 | $300,597 | $89,135 | $211,462 |
| 2021 | $26,043 | $289,341 | $85,797 | $203,544 |
| 2020 | $25,526 | $289,776 | $85,926 | $203,850 |
| 2019 | $25,052 | $288,765 | $85,626 | $203,139 |
| 2018 | $19,306 | $228,497 | $85,171 | $143,326 |
| 2017 | $18,906 | $225,543 | $84,070 | $141,473 |
| 2016 | $18,535 | $222,254 | $82,844 | $139,410 |
| 2015 | $18,355 | $219,597 | $81,854 | $137,743 |
| 2014 | $18,080 | $218,178 | $81,325 | $136,853 |
| 2013 | -- | $218,178 | $81,325 | $136,853 |
Source: Public Records
Agents Affiliated with this Home
-
Curtis Tillett
Map
Source: RMLS Alliance
MLS Number: RMACA190832
APN: 14-33.0-428-011
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.
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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