$75,000
SOLD MAY 7, 2025

928 W Governor St Springfield, IL 62704

Historic West Side Neighborhood
3 Beds
-- Bath
2,100 Sq Ft
3,877 Sq Ft Lot

Recently Sold

$36 Per Sq Ft

14% Below List Price

6 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Springfield High School Rated A-
  • Level Lot

About This Home

As of May 2025

Great investment opportunity. Both units currently rented thru a charitable organization, so monthly rent is guaranteed. All utilities are separated except water/sewer which are also covered by the organization. This property shows a really good cash flow even at these under market rents.

Last Agent to Sell the Property

Philip Stone

Century 21 Real Estate Assoc Brokerage Phone: 217-652-3999 License #475139443 Listed on: 04/04/2025

Last Buyer's Agent

TIMOTHY NESBITT

Capital City Property Mgt. LLC License #471001581

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,610

Year Built

  • Built in 1894

Lot Details

  • Level Lot

Home Design

  • Brick Foundation
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 3 Bedrooms
  • 2,100 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • On-Street Parking

Schools

  • Springfield District #186 High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Trash Expense $360

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 14330176002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,610

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1894
  • New Construction: No
  • Structure Type: Two or More Story
  • Attribution Contact: Pref: 217-652-3999
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Total Bedrooms: 3

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Aluminum Siding
  • Foundation Details: Brick/Mortar
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street, Other
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air, Natural Gas, Gas Water Heater
  • Laundry Features: Owned Equipment, Private
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 2
  • NumberOfDryers: 2

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 360
  • AdvertisingExpense: 0

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 41 X 82 5/8
  • Parcel #: 14330176002

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1610
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
May 7, 2025
Sold by
Netherton Mitchell L and Netherton Cari L
Bought by
Wilmarth Renewals Llc
Seller's Agent
Philip Stone
Century 21 Real Estate Assoc
Buyer's Agent
TIMOTHY NESBITT
Capital City Property Mgt. LLC
List Price
$86,900
Sold Price
$75,000
Premium/Discount to List
-$11,900
-13.69%
Views
30
Current Estimated Value
$79,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,000
Avg. Annual Appreciation
7.38%
Original Mortgage
$95,000
Outstanding Balance
$94,833
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
-$15,833

Purchase Details

Listed on
Jun 22, 2023
Closed on
Jul 25, 2023
Sold by
Richbark James A and Richbark Linda J
Bought by
Netherton Mitchell L and Netherton Cari L
Seller's Agent
Joe Tetzlaff
RE/MAX Professionals
Buyer's Agent
KATHY GARST
The Real Estate Group, Inc.
List Price
$80,000
Sold Price
$78,000
Premium/Discount to List
-$2,000
-2.5%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.18%
Original Mortgage
$58,500
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2005
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 Type Sale Price Title Company
Warranty Deed $75,000 None Listed On Document
Warranty Deed $78,000 None Listed On Document
Deed $48,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,000 New Conventional
Previous Owner $58,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/07/2025 05/07/25 Sold $75,000 -13.7% $36 / Sq Ft
04/10/2025 04/10/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $86,900 +11.4% $41 / Sq Ft
07/26/2023 07/26/23 Sold $78,000 -2.5% $38 / Sq Ft View Prior Sale
06/27/2023 06/27/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $80,000 -- $39 / 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 $2,470 $29,401 $4,062 $25,339
2023 $1,610 $18,213 $3,711 $14,502
2022 $1,548 $17,276 $3,520 $13,756
2021 $1,497 $16,629 $3,388 $13,241
2020 $1,467 $16,654 $3,393 $13,261
2019 $1,440 $16,596 $3,381 $13,215
2018 $1,396 $16,519 $3,365 $13,154
2017 $1,367 $16,305 $3,321 $12,984
2016 $1,340 $16,068 $3,273 $12,795
2015 $1,327 $15,876 $3,234 $12,642
2014 $1,307 $15,773 $3,213 $12,560
2013 $1,278 $15,773 $3,213 $12,560
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2025

    Philip Stone

    Century 21 Real Estate Assoc

    2 in this area

    18 Total Sales

    Philip Stone
    Section Image
  • TIMOTHY NESBITT

    Buyer's Agent in 2025

    TIMOTHY NESBITT

    Capital City Property Mgt. LLC

    (217) 280-0121

    3 in this area

    9 Total Sales

    TIMOTHY NESBITT
    Section Image
  • Joe Tetzlaff

    Seller's Agent in 2023

    Joe Tetzlaff

    RE/MAX Professionals

    (217) 416-3481

    10 in this area

    200 Total Sales

    Joe Tetzlaff
    Section Image
  • KATHY GARST

    Buyer's Agent in 2023

    KATHY GARST

    The Real Estate Group, Inc.

    (217) 306-6063

    14 in this area

    767 Total Sales

    KATHY GARST
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1035491

RMLS Alliance

APN: 14-33.0-176-002

Illinois Sangamon County Springfield 62704 Historic West Side

928 W Governor St, Springfield, IL

Sold

MultiFamily

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