Sold Jul 01, 2019
$18,000
Buyer
Seller
Sold Jan 11, 2001
$16,000
1220 East Oak Street has been categorized by the local assessors in Springfield, IL as a residential type of property.
The area measurement of the land has been determined as 5,653 square feet.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1220 East Oak Street sold most recently in Jun 28, 2019 for a total of $18,000. Before that, the property was also sold for $16,000 in Jan 11, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $542 in taxes each year. 1220 East Oak Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $6,049. If we break it down further, the land itself was valued at $1,252. Improvements to the property, however, were assessed at a total of $4,797. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1220 East Oak Street sold most recently in Jun 28, 2019 for a total of $18,000. Before that, the property was also sold for $16,000 in Jan 11, 2001. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $542 in taxes each year. 1220 East Oak Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $6,049. If we break it down further, the land itself was valued at $1,252. Improvements to the property, however, were assessed at a total of $4,797. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.
1220 East Oak Street, Springfield, IL 62703
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