Sold Feb 11, 2021
$155,000
Seller
$200,000
by Inb, National Association
Mortgage Due Jan 02, 2034
Sold Jun 12, 2014
$140,000
3606 Teakwood Drive 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 7,000 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, 3606 Teakwood Drive sold most recently in Jan 28, 2021 for a total of $155,000. Before that, the property was also sold for $140,000 in Jun 6, 2014. 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 $3,952 in taxes each year. 3606 Teakwood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $51,070. If we break it down further, the land itself was valued at $6,372. Improvements to the property, however, were assessed at a total of $44,698. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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, 3606 Teakwood Drive sold most recently in Jan 28, 2021 for a total of $155,000. Before that, the property was also sold for $140,000 in Jun 6, 2014. 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 $3,952 in taxes each year. 3606 Teakwood Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $51,070. If we break it down further, the land itself was valued at $6,372. Improvements to the property, however, were assessed at a total of $44,698. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.
3606 Teakwood Drive, Springfield, IL 62712
By proceeding, you consent to receive calls and texts at the number you provided, including marketing by autodialer and prerecorded and artificial voice, and email, from Move, Inc., Move Sales, Inc., Opcity, Inc., realtor.com, and their network of service providers, about your inquiry and other home-related matters, but not as a condition of any purchase. Msg/data rates may apply. This consent applies even if you are on a corporate, state, or national Do Not Call list.
By proceeding, you agree to our Terms of Service.
Building Info
Overview
Building
Neighborhood
Geography
About Springfield
Interested in buying or selling?
Find top real estate agents in your area now.
Similar Buildings
- 1 Unit for Sale
- 1 Unit for Sale
