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1521 South Park Avenue

1521 South Park Avenue, Springfield, IL 62704
Sold Jul 14, 2023
$400,000
$320,000 by Inb, National Association
Mortgage Due Aug 01, 2053
Sold Feb 19, 2021
$95,000
$186,000 by West Central Bank
Mortgage Due Feb 21, 2022
This has been categorized as a residential property type. In total, the area measurement of the land is 11,003 square feet.

Learn more about the property and building on this page. The property was last sold in Jul 14, 2023 for $400,000. Prior to that sales transaction, the property was also sold in Feb 19, 2021 for $95,000. 1521 South Park Avenue was last assessed in 2022. The total value of the property was assessed at $64,829. Specifically, the land the property is located on was valued at $13,255. While improvements on the property were assessed at a total of $51,574. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,809. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior
Wood Siding
Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,003
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LELAND PLACE
  • Land Acres: 0.252
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: S 10' LOT 81, LOT 82 & N 20' LOT 83 LELAND PLACE

Ownership

  • Current Owner : WALLACE MIRIAM L
  • Current Owner 2: SILVER RONALD L
  • Previous Owner : BUNDY WILLIAM T
  • Previous Owner 2: MILLER CHERYL L
  • Owner Before Previous Owner: LISA HUNTER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Springfield School District 186
  • Census Tract: 002100

Geography

  • Account Number: 22050206034 (CHECK DIGIT = 1)
  • District: 01
  • Parcel: 22-05.0-206-034
  • Municipality: CAPITAL
  • Latitude: 39.784
  • Longitude: -89.675

    Address

  • Full Address: 1521 S Park Ave
  • Address - House Number: 1521
  • Street Direction: S
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Springfield
  • Carrier Code: C090
  • 4-Digit Zip Code: 3428
  • Zip Code: 62704

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,809
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1636
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 79
  • Final Value: 327,798
  • High Value: 381,434
  • Low Value: 274,163

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $320,000
  • First Open Lien Mortgage Lender: INB, NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Jul 14, 2023
  • First Open Lien Mortgage Loan Amount: $320,000
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $194,487
  • Market Land Value: $39,765
  • Market Improvement Value: $154,722

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,829
  • Assessed Land Value: $13,255
  • Assessed Improvements Value: $51,574

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Jul 14, 2023
  • Current Sale Transaction ID: 11909400012
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 12731
  • Previous Sale Recording Date: Feb 19, 2021
  • Previous Sale Contract Date: Feb 19, 2021
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INB, NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Jul 14, 2023
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WEST CENTRAL BANK
  • Previous Mortgage Transaction Date: Feb 19, 2021
  • Previous Mortgage Loan Amount: $186,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Feb 21, 2022

About Washington Knolls



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Nearby Rentals

Unit for rent at 2732 S State St, Springfield, IL, 62704

$1,200 /mo

  • 3 Beds
  • 1.5 Baths
  • 1,300 ft²
2732 S State St #2732 S State St, Springfield, IL, 62704 Listing by Manager

Frequently Asked Questions

What neighborhood is 1521 South Park Avenue located in?
The 1521 South Park Avenue is a located in the neighborhood of Washington Knolls in Washington Knolls, Springfield.
What is the average sales price for listings in 1521 South Park Avenue?
The average sales price for units in 1521 South Park Avenue is $95,000 , or $27/sqft. currently.

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