NOT LISTED FOR SALE

987 Clocktower Dr Springfield, IL 62704

Pasfield Park Place Neighborhood

Estimated Value: $618,715

-- Bed
-- Bath
8,550 Sq Ft
$72/Sq Ft Est. Value

Last Sold January 21, 2016

Last sale price $435,000 $51 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,739/month

187 Days on Market

About This Home

As of January 2016

Very nice free standing office and apartment building.The steel frame building allows many options in accommodating office and retail renters on the 4,050 sq ft first floor. Second floor has 6 spacious one bedroom 720 sq. ft apartments . Individually metered . W& D hookups for each apt. Presently the first floor has 3 individual salons on south side with north side in office space. 987 B unit salon equipment, w&d, and reception furniture stay. Excellent visibility from Veterans.

Last Agent to Sell the Property

Art Seppi

IN BETWEEN OFFICES License #471011133 Listed on: 06/03/2015

Last Buyer's Agent

Kyle Killebrew

The Real Estate Group, Inc. License #475109198

The Real Estate Group, Inc.

Property Details

Property Type

Other

Lot Details

0

Listing Details

  • Class: Commercial/Cie
  • Type: Commercial/Cie
  • Sub Type: Investment
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Price Per Sq Ft: 50.88
  • Total Sq Ft: 8550

Lot Info

  • Zoning: S2
  • Geo Subdivision: IL

Rental Info

  • Sale Lease Includes: Building, Land

Tax Info

  • Parcel Id Number Tax Id: 14310376015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2023
Sold by
Debackere Development Llc
Bought by
Ape Ridge Holdings Llc
Current Estimated Value
$618,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$335,462
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2017
Sold by
Matt Debackere
Bought by
Debackere Development Llc

Purchase Details

Listed on
Jun 3, 2015
Closed on
Jan 20, 2016
Seller's Agent
Art Seppi
IN BETWEEN OFFICES
Buyer's Agent
Kyle Killebrew
The Real Estate Group, Inc.
List Price
$485,000
Sold Price
$435,000
Premium/Discount to List
-$50,000
-10.31%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ape Ridge Holdings Llc $600,000 None Listed On Document
Debackere Development Llc -- --
-- $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ape Ridge Holdings Llc $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2016 01/21/16 Sold $435,000 -10.3% $51 / Sq Ft
12/07/2015 12/07/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $485,000 -- $57 / 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 $17,839 $212,377 $84,338 $128,039
2023 $13,882 $157,013 $77,035 $79,978
2022 $13,346 $148,940 $73,074 $75,866
2021 $12,904 $143,363 $70,338 $73,025
2020 $12,648 $143,579 $70,444 $73,135
2019 $12,413 $143,078 $70,198 $72,880
2018 $12,831 $151,858 $69,812 $82,046
2017 $12,565 $149,894 $68,909 $80,985
2016 $12,318 $147,708 $67,904 $79,804
2015 $15,753 $188,464 $67,092 $121,372
2014 $15,517 $187,247 $66,659 $120,588
2013 $15,171 $187,247 $66,659 $120,588
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Art Seppi

    IN BETWEEN OFFICES

    Section Image
  • Kyle Killebrew

    Buyer's Agent in 2016

    Kyle Killebrew

    The Real Estate Group, Inc.

    (217) 321-8210

    78 in this area

    1,991 Total Sales

    Kyle Killebrew
    Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: RMACA153092

RMLS Alliance

APN: 14-31.0-376-015

Illinois Sangamon County Springfield 62704 Pasfield Park Place

987 Clocktower Dr, Springfield, IL

Not Listed for Sale

Other

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.

Nearby Homes