NOT LISTED FOR SALE

75 Marchelle Ave Springfield, IL 62702

Youngston-Holliday Hills Neighborhood

Estimated Value: $228,106 - $252,000

Studio
-- Bath
2,916 Sq Ft
$82/Sq Ft Est. Value

Last Sold November 19, 2018

Last sale price $170,000 $58 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,726/month

227 Days on Market

About This Home

As of November 2018

CONVENIENT LOCATION ONLY 4 MILES FROM THE MEDICAL DISTRICT. JUMP ON THE SANGAMON VALLEY BIKE TRAIL CLOSE BY. PERFECT FOR INVESTORS OR LIVE IN ONE SIDE AND LET THE OTHER COVER YOUR MONTHLY EXPENSES. NEIGHBORHOOD RENT IS FROM $900+ GREAT AREA OF HOUSES AND DUPLEXES. $5,000 DECORATING BONUS TO BUYER AT CLOSING. ALL UTILITIES PAID BY TENANTS. ONLY OUT OF POCKET IS INSURANCE AND REAL ESTATE TAXES. CURRENT TAXES ARE BASED ON AN ASSESSED VALUE OF $209,688. LOTS OF SPACE FOR A DUPLEX. SQUARE FOOTAGE DEEMED ACCURATE BUT NOT GUARANTEED.

Last Agent to Sell the Property

Jackie Bellis

IN BETWEEN OFFICES License #475098997 Listed on: 01/24/2018

Last Buyer's Agent

Jackie Bellis

IN BETWEEN OFFICES License #475098997 Listed on: 01/24/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,859

Year Built

  • Built in 2002

Lot Details

  • 9,322

Home Design

  • Duplex
  • Concrete Foundation

Schools

  • Springfield District #186 High School

Additional Features

  • Crawl Space
  • Wheelchair Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,859

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Duplex/Side by Side
  • Legal Description: LOT 27 YOUNGSTON HILLS 5TH ADDN (9321.20 SQ FT)
  • Year Built: 2002
  • Ada Features: Wheelchair
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dish Washers: 2
  • Number of Ranges: 2
  • Number Refrigerators: 1
  • Basement: Crawl Space, Concrete
  • Price Per Sq Ft: 58.3
  • Total Sq Ft: 2916

Exterior Features

  • Exterior: Vinyl Siding

Garage/Parking

  • Garage Parking: Attached, On-Street Parking
  • Number Parking Spaces: 4

Utilities

  • Heating Cooling: Forced Air, Gas, Central Air
  • Water Sewer: Public Sewer

Schools

  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 9321 SQ. FEET
  • Zoning: R2
  • Subdivision: Youngston Hills

Rental Info

  • Lease Information: Month-To-Month

Tax Info

  • Annual Taxes: 5859
  • Parcel Id Number Tax Id: 14190303011
  • Tax Year: 2017

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 20400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
Nov 15, 2018
Sold by
Ann White Katherine
Bought by
Greatwall Group Llc Series 1
Seller's Agent
Jackie Bellis
IN BETWEEN OFFICES
Buyer's Agent
Jackie Bellis
IN BETWEEN OFFICES
List Price
$194,500
Sold Price
$170,000
Premium/Discount to List
-$24,500
-12.6%
Current Estimated Value
$238,777

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,777
Avg. Annual Appreciation
4.88%
Original Mortgage
$144,500
Outstanding Balance
$126,799
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$111,978

Purchase Details

Closed on
Jan 31, 2005

Purchase Details

Closed on
Apr 1, 2002
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
Greatwall Group Llc Series 1 $170,000 Illinois Real Estate Title
-- $185,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greatwall Group Llc Series 1 $144,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2018 11/19/18 Sold $170,000 -12.6% $58 / Sq Ft
09/08/2018 09/08/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $194,500 -- $67 / 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 $5,724 $68,143 $11,592 $56,551
2023 $5,503 $62,242 $10,588 $51,654
2022 $5,291 $59,042 $10,044 $48,998
2021 $5,115 $56,831 $9,668 $47,163
2020 $5,014 $56,917 $9,683 $47,234
2019 $4,916 $56,665 $9,649 $47,016
2018 $5,421 $64,163 $9,601 $54,562
2017 $5,859 $69,896 $9,479 $60,417
2016 $5,744 $68,877 $9,341 $59,536
2015 $5,688 $68,053 $9,229 $58,824
2014 $5,603 $67,613 $9,169 $58,444
2013 $5,478 $67,613 $9,169 $58,444
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Jackie Bellis

    IN BETWEEN OFFICES

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Map

Source: RMLS Alliance

MLS Number: RMACA180410

RMLS Alliance

APN: 14-19.0-303-011

Illinois Sangamon County Springfield 62702 Youngston-Holliday Hills

75 Marchelle Ave, Springfield, IL

Not Listed for Sale

MultiFamily

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