NOT LISTED FOR SALE

924 Clocktower Dr Unit C Springfield, IL 62704

Pasfield Park Place Neighborhood

Estimated Value: $835,759

-- Bed
-- Bath
-- Sq Ft
0.73 Acres

About This Home

As of December 2021

870 +/- SF office in convenient Clock Tower location with close proximity to Monroe St and Veterans Parkway. Building has great curb appeal, easy access and 40+ parking spaces. There is an ADA recently renovated restroom. Suite C has been newly updated with flooring and paint. $950/month Modified Gross Lease - Tenant will be responsible for their separately metered gas and electric, their own telephone and data, and internal janitorial. 3 year term minimum. Easy access via Veterans Parkway and Monroe St. S-2 (City of Springfield) Zoning.

Last Agent to Rent the Property

Todd Smith

Todd P Smith Real Estate License #471004523 Listed on: 12/03/2021

Last Renter's Agent

Todd Smith

Todd P Smith Real Estate License #471004523 Listed on: 12/03/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $16,255

Year Built

  • Built in 1991

Lot Details

  • 0.73

Utilities

  • Central Air
  • Heating System Uses Gas

Property Details

Property Type

Other

Est. Annual Taxes

$16,255

Year Built

Built in 1991

Lot Details

0

Rental Info

  • Monthly Lease Rate: 950
  • Lease Dollar Sq Ft: 13.1
  • Terms Lease: 3 Years

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Office
  • Lvt Date: 12/03/2021
  • Year Built: 1991
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Total Building Sq Ft: 11980

Exterior Features

  • Exterior Finish: Brick, Vinyl
  • Frontage Access: Paved 2Lane
  • Insulation: Other Insulation
  • Roof Construction: Comp Shingle
  • Wall Construction: Frame

Utilities

  • Electric Company: CWLP
  • Cooling: Central Air
  • Heating: Gas
  • Water Supply: Municipal/City
  • Water Company: CWLP

Lot Info

  • Zoning: S-2
  • Geo Subdivision: IL
  • Property Use: Office Building

Tax Info

  • Annual Taxes: 16254.8
  • Parcel Id Number Tax Id: 14310377038
  • Tax Incentive: None
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2022
Sold by
Clocktower North Properties
Bought by
Puntesi Llc
Current Estimated Value
$835,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,920
Outstanding Balance
$480,749
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$355,010
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
Puntesi Llc $704,900 Chesterfield Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Puntesi Llc $563,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2021 12/17/21 Rented -- -- --
12/03/2021 12/03/21 For Rent -- -- --
09/24/2021 09/24/21 Rented -- -- --
09/10/2021 09/10/21 For Rent -- -- --
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 $18,557 $220,925 $73,448 $147,477
2023 $17,841 $201,795 $67,088 $134,707
2022 $17,153 $191,420 $63,639 $127,781
2021 $16,584 $184,252 $61,256 $122,996
2020 $16,255 $184,529 $61,348 $123,181
2019 $15,953 $183,885 $61,134 $122,751
2018 $16,813 $198,986 $60,797 $138,189
2017 $16,465 $196,413 $60,011 $136,402
2016 $16,141 $193,549 $59,136 $134,413
2015 $15,985 $191,235 $58,429 $132,806
2014 $19,801 $190,000 $58,052 $131,948
2013 $19,359 $238,936 $58,052 $180,884
Source: Public Records

Agents Affiliated with this Home

  • Todd Smith

    Landlord's Agent in 2021

    Todd Smith

    Todd P Smith Real Estate

    (217) 441-8000

    66 Total Sales

    Todd Smith
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Map

Source: RMLS Alliance

MLS Number: CA1011477

RMLS Alliance

APN: 14-31.0-377-038

Illinois Sangamon County Springfield 62704 Pasfield Park Place

924 Clocktower Dr Unit C, Springfield, IL

Not Listed for Sale

Other

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