NOT LISTED FOR SALE

932 S 2nd St Springfield, IL 62704

Old Aristocracy Hill Neighborhood

Estimated Value: $61,877

1 Bed
3 Baths
2,600 Sq Ft
$24/Sq Ft Est. Value

Last Sold July 30, 2020

Last sale price $55,000 $21 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $410/month

23 Days on Market

About This Home

As of July 2020

Options options options! $ Multiple use property $ This unique 2600 Sq. Ft. Duplex is zoned both office space as well as multi-family. with (2) front entrances. Zoned R5 on a busy downtown corridor to the legislative complex. Main level office consists of 5 offices, a storage area, restroom and access to a full basement. Rear office presents the opportunity for remodel and rent increases. Full restroom and private rear entrance from the concrete parking lot and paved alley exit. Upstairs 1-bedroom apartment has hardwood floors and woodwork with an enclosed stairwell. Spacious kitchen with laundry hookups. Ideal owner-occupied business and residence. Additional property information is attached in the MLS. Can be bought as a package w/other nearby home at 219 East Scarritt Street, Springfield, IL 62704. VIRTUAL TOUR AVAILABLE HERE: https://my.matterport.com/show/?m=kEbmBVJ4Jjt

Last Agent to Sell the Property

James Gvazdinskas

Gvazdinskas Group, Inc. License #475071018 Listed on: 06/08/2020

Last Buyer's Agent

James Gvazdinskas

Gvazdinskas Group, Inc. License #475071018 Listed on: 06/08/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2000

Lot Details

  • 6,403

Basement

  • Basement Cellar

Schools

  • Springfield District #186 High School

Property Details

Home Type

Multi-Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: 2+ Story | Other Style
  • Legal Description: L 11 B 12 W.H. Allens Add
  • Lvt Date: 06/08/2020
  • Year Built: 2000
  • Senior Community: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Cellar, Concrete
  • Price Per Sq Ft: 21.15
  • Total Sq Ft: 2600

Exterior Features

  • Exterior: Aluminum Siding, Cement
  • Roofing: Shingles

Garage/Parking

  • Garage Parking: Guest Parking, Parking Slab, Parking Garage
  • Number Parking Spaces: 5

Utilities

  • Heating Cooling: Gas
  • Water Sewer: Public Sewer

Schools

  • High School: Springfield District #186
  • High School: Springfield District #186

Lot Info

  • Estimated Lot Size: 2600
  • Subdivision: 2nd Avenue
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Gross Annual Rent Income: 15960

Tax Info

  • Annual Taxes: 3368
  • Parcel Id Number Tax Id: 14-34.0-309-014
  • Tax Year: 2017

Multi Family

  • Total Number Units: 2
  • Gross Annual Income: 15960
  • 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
Jun 8, 2020
Closed on
Jul 23, 2020
Sold by
Safe Harbor Properties Llc Series 16
Bought by
Morrison Properties Llc
Seller's Agent
James Gvazdinskas
Gvazdinskas Group, Inc.
Buyer's Agent
James Gvazdinskas
Gvazdinskas Group, Inc.
List Price
$69,000
Sold Price
$55,000
Premium/Discount to List
-$14,000
-20.29%
Total Days on Market
23
Current Estimated Value
$61,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,877
Avg. Annual Appreciation
2.89%
Source: Public Records

Range of Values:

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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
Morrison Properties Llc $50,000 Zelle Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Safe Harbor Properties Llc Ser $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2020 07/30/20 Sold $55,000 -20.3% $21 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $69,000 -- $27 / 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 $2,936 $34,958 $23,730 $11,228
2023 $2,823 $31,931 $21,675 $10,256
2022 $2,714 $30,290 $20,561 $9,729
2021 $2,624 $29,156 $19,791 $9,365
2020 $3,398 $38,578 $19,820 $18,758
2019 $3,335 $38,444 $19,751 $18,693
2018 $3,439 $40,706 $19,662 $21,044
2017 $3,368 $40,180 $19,408 $20,772
2016 $3,302 $39,594 $19,125 $20,469
2015 $3,270 $39,120 $18,896 $20,224
2014 $3,221 $38,867 $18,774 $20,093
2013 $3,149 $38,867 $18,774 $20,093
Source: Public Records

Agents Affiliated with this Home

  • James Gvazdinskas

    Seller's Agent in 2020

    James Gvazdinskas

    Gvazdinskas Group, Inc.

    (217) 726-8440

    2 in this area

    2 Total Sales

    James Gvazdinskas
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Map

Source: RMLS Alliance

MLS Number: CA1000323

RMLS Alliance

APN: 14-34.0-309-014

Illinois Sangamon County Springfield 62704 Old Aristocracy Hill

932 S 2nd St, Springfield, IL

This home is located at 932 S 2nd St, Springfield, IL 62704 since 08 June 2020 and is currently estimated at $61,877, approximately $23 per square foot. This property was built in 2000. 932 S 2nd St is a home located in Sangamon County with nearby schools including Elizabeth Graham Elementary School, Benjamin Franklin Middle School, and Springfield 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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