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2537 South 5th Street

2537 South 5th Street, Springfield, IL 62703
Sold May 05, 2010
$68,000
$48,300 by Security Bank Sb
Mortgage Due May 01, 2051
Sold Sep 24, 2008
$55,000
Local assessors in Springfield, IL have categorized 2537 South 5th Street as a residential type of property. The property's lot size has been calculated to be 6,942 square feet.

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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2537 South 5th Street was last sold in Apr 30, 2010 for $68,000. Prior to that sales transaction, the property was sold for $55,000 in Aug 27, 2008. Current property owners are expected to pay $2,093 in taxes per year. The property on 2537 South 5th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $23,360. To break that down further, the land itself was valued at $3,586. While improvements to the property were assessed at a total of $19,774. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

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: 6,942
  • 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: PAYNES S SIDE ADD
  • Land Acres: 0.159
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: PAYNES S SIDE ADDN 6TH PLAT S 29.42' L 10 & N 15.58' L 11 B 34

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Sep 14, 2023

Neighborhood

  • School District Name: Springfield School District 186
  • Census Tract: 002600

Geography

  • Account Number: 22090230022 (CHECK DIGIT = 8)
  • District: 01
  • Parcel: 22-09.0-230-022
  • Municipality: CAPITAL
  • Latitude: 39.77
  • Longitude: -89.6503

    Address

  • Full Address: 2537 S 5th St
  • Address - House Number: 2537
  • Street Direction: S
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Springfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 3801
  • Zip Code: 62703

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,093
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2276
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 68
  • Final Value: 87,667
  • High Value: 107,621
  • Low Value: 67,714

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $48,300
  • First Open Lien Mortgage Lender: SECURITY BANK SB
  • First Open Lien Mortgage Recording Date: May 03, 2021
  • First Open Lien Mortgage Loan Amount: $48,300
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $70,080
  • Market Land Value: $10,758
  • Market Improvement Value: $59,322

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,360
  • Assessed Land Value: $3,586
  • Assessed Improvements Value: $19,774

    Sales

  • Current Sale Contract Date: Apr 30, 2010
  • Current Sale Recording Date: May 05, 2010
  • Current Sale Transaction ID: 1812622674
  • Current Sale Price: $68,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Sep 24, 2008
  • Previous Sale Contract Date: Aug 27, 2008
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: Deed

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Frequently Asked Questions

What neighborhood is 2537 South 5th Street located in?
The 2537 South 5th Street is a house located in the neighborhood of Springfield South Corridor in Springfield South Corridor, Springfield.
What is the average sales price for listings in 2537 South 5th Street?
The average sales price for units in 2537 South 5th Street is $0 currently.

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