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1503 East Hanover Street

1503 East Hanover Street, Springfield, MO 65804
Property in Greene
Sold Aug 17, 2021
$251,900
$201,531 by Bank Of Little Rock Mortgage C
Mortgage Due Sep 01, 2051
Sold Nov 01, 2019
$157,500
$126,000 by Recovco Mortgage Management Ll
Mortgage Due Nov 01, 2049
Local assessors in Springfield, MO have categorized 1503 East Hanover Street as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 9,845 square feet. The linear feet between the front and back of the lot was measured at 1,230 ft and the front of the lot was measured at 800 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1503 East Hanover Street has a total of 2,357 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1503 East Hanover Street sold most recently in Aug 13, 2021 for a total of $251,900. If you work out the math, that's approximately a cost of $106.87 per sqft. Before that, the property was also sold for $157,500 in Oct 31, 2019. 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 $1,892 in taxes each year. 1503 East Hanover Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,470. If we break it down further, the land itself was valued at $4,750. Improvements to the property, however, were assessed at a total of $30,720. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,845
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,357
  • Gross Building Area: 2,357
  • Building Area: 2,357
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,357
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SOUTHVALE TERR 1ST ADD
  • Land Acres: 0.226
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SOUTHVALE TERR 1ST ADD LOT 5

Ownership

  • Current Owner : CHRISTMAN MICHAEL
  • Current Owner 2: RASH CHRISTINE
  • Previous Owner : JAAM PROPERTIES LLC
  • Owner Before Previous Owner: IIG LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Springfield R-XII School District
  • School Tax School District: SPRINGFIELD
  • School Tax District Code 2: 105
  • School Tax District Code 3: NOFIRE
  • Census Tract: 002700

Zoning

  • Zoning: INC

Geography

  • Assessors Map Reference: MAP 1903071
  • Parcel: 88-19-07-104-021
  • Block: 104
  • Lot: 5
  • Meridian: SEC 07 TWN 28N RNG 21W
  • Municipality: SPRINGFIELD R12
  • Latitude: 37.1521
  • Longitude: -93.2705

    Address

  • Full Address: 1503 E Hanover St
  • Address - House Number: 1503
  • Street Direction: E
  • Address - Street Name: Hanover
  • Address - Suffix Type: St
  • State: MO
  • City Name: Springfield
  • Carrier Code: R015
  • 4-Digit Zip Code: 6428
  • Zip Code: 65804

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,892

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 69
  • Final Value: 308,013
  • High Value: 376,802
  • Low Value: 239,224

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $201,531
  • First Open Lien Mortgage Lender: BANK OF LITTLE ROCK MORTGAGE C
  • First Open Lien Mortgage Recording Date: Aug 17, 2021
  • First Open Lien Mortgage Loan Amount: $201,531
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $186,700
  • Market Land Value: $25,000
  • Market Improvement Value: $161,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,470
  • Assessed Land Value: $4,750
  • Assessed Improvements Value: $30,720

    Sales

  • Current Sale Contract Date: Aug 13, 2021
  • Current Sale Recording Date: Aug 17, 2021
  • Current Sale Transaction ID: 11848541533
  • Current Sale Price: $251,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 41146-21
  • Previous Sale Recording Date: Nov 01, 2019
  • Previous Sale Contract Date: Oct 31, 2019
  • Previous Sale Amount: $157,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF LITTLE ROCK MORTGAGE C
  • First Mortgage Transaction Date: Aug 17, 2021
  • First Mortgage Loan Amount: $201,531
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: RECOVCO MORTGAGE MANAGEMENT LL
  • Previous Mortgage Transaction Date: Nov 01, 2019
  • Previous Mortgage Loan Amount: $126,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2049

About Springfield



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Frequently Asked Questions

What neighborhood is 1503 East Hanover Street located in?
The 1503 East Hanover Street is a located in the neighborhood of Greene in Springfield, Springfield.
What is the average sales price for listings in 1503 East Hanover Street?
The average sales price for units in 1503 East Hanover Street is $0 currently.

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