Check Availability

538 West Miller Street

538 West Miller Street, Springfield, IL 62702
Multifamily in Oak Ridge
This has been categorized as a commercial property type. The linear feet across the front of the lot is 1,760 ft and the linear feet between the front and back of the lot is 650. In total, the area measurement of the land is 11,495 square feet.

Learn more about the property and building on this page. 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, 538 West Miller Street sold most recently in Jul 3, 2023 for a total of $850,500. Before that, the property was also sold for $1,100,000 in Sep 26, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,481 in taxes each year. 538 West Miller Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $83,490. If we break it down further, the land itself was valued at $13,829. Improvements to the property, however, were assessed at a total of $69,661. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Aluminum Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190822 Unit 32
08/22/2019
32
Studio
-
21804 ft²
$2,200,000
bedrooms
Studio
bathrooms
-
square feet
21804 ft²
-
-
-
-

Building Info

Overview

    General

  • Bedroom Count: 0
  • Business/Commerical Units Count: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,495
  • Lot Size Depth Feet: 650
  • Lot Size Frontage Feet: 1,760
  • 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: Commercial
  • Subdivision: J BUNNS ADD
  • Land Acres: 0.26
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: JOHN BUNN ADDN THE E. 170' OF N. 176' BLK 2 EXCEPT E. 105' THEREOF 28-16-5 65 X 176.85

Ownership

  • Current Owner : REAL ESTATE SERVICE AND CONSULTATION LLC
  • Current Owner 2: MINOR
  • Previous Owner : SHERIFF OF SANGAMON COUNTY
  • Owner Before Previous Owner: TUN YANG CHENG
  • Owner Before Previous Owner 2: CHANG CHEN CHANG
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Springfield School District 186
  • Census Tract: 000300

Geography

  • Account Number: 14280401013 (CHECK DIGIT = 0)
  • District: 01
  • Parcel: 14-28.0-401-013
  • Meridian: SEC 28 TWN 16 RNG 05
  • Municipality: CAPITAL
  • Latitude: 39.8086
  • Longitude: -89.6621

    Address

  • Full Address: 538 W Miller St
  • Address - House Number: 538
  • Street Direction: W
  • Address - Street Name: Miller
  • Address - Suffix Type: St
  • State: IL
  • City Name: Springfield
  • Carrier Code: C029
  • 4-Digit Zip Code: 4973
  • Zip Code: 62702

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,481
  • Tax Rate Code Area: 001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $990,000
  • First Open Lien Mortgage Lender: TOWN AND COUNTRY BANK
  • First Open Lien Mortgage Recording Date: Sep 27, 2018
  • First Open Lien Mortgage Loan Amount: $990,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 10, 2023

    Market Valuation

  • Market Total Value: $250,470
  • Market Land Value: $41,487
  • Market Improvement Value: $208,983

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,490
  • Assessed Land Value: $13,829
  • Assessed Improvements Value: $69,661

    Sales

  • Current Sale Contract Date: Jul 03, 2023
  • Current Sale Recording Date: Jul 03, 2023
  • Current Sale Transaction ID: 11909178483
  • Current Sale Price: $850,500
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: 11938
  • Previous Sale Recording Date: Sep 27, 2018
  • Previous Sale Contract Date: Sep 26, 2018
  • Previous Sale Amount: $1,100,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: TOWN AND COUNTRY BANK
  • Previous Mortgage Transaction Date: Sep 27, 2018
  • Previous Mortgage Loan Amount: $990,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 10, 2023

About Oak Ridge



Similar Buildings

Multifamily at 538 West Miller Street,

906 North Walnut Street

  • 1 Unit for Sale
906 North Walnut Street, Springfield, IL 62702
Multifamily at 538 West Miller Street,

802 West Jefferson Street

  • 1 Unit for Sale
802 West Jefferson Street, Springfield, IL 62702
Multifamily at 538 West Miller Street,

214 South State Street

  • 1 Unit for Sale
214 South State Street, Springfield, IL 62704
Multifamily at 538 West Miller Street,

220 South State Street

  • 1 Unit for Sale
220 South State Street, Springfield, IL 62704
Multifamily at 538 West Miller Street,

229 North Grand Avenue West

  • 1 Unit for Sale
229 North Grand Avenue West, Springfield, IL 62702
Multifamily at 538 West Miller Street,

1306 North Franklin Avenue

  • 1 Unit for Sale
1306 North Franklin Avenue, Springfield, IL 62702
Multifamily at 538 West Miller Street,

1314 North Patton Avenue

  • 1 Unit for Sale
1314 North Patton Avenue, Springfield, IL 62702

Nearby Rentals

Unit for rent at 1528 S 2nd St, Springfield, IL, 62704

$940 /mo

  • 2 Beds
  • 1 Bath
  • 820 ft²
1528 S 2nd St #1528 S 2nd St, Springfield, IL, 62704 Listing by Manager
Unit for rent at 520 S. State, Springfield, IL, 62704

$950 /mo

  • 2 Beds
  • 1 Bath
520 S. State #520 S. State - unit 1, Springfield, IL, 62704 Listing by Manager
Unit for rent at 101 S. Walnut St., Springfield, IL, 62704

$900 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
101 S. Walnut St. #101 S. Walnut St. - 101 S. Walnut St., Springfield, IL, 62704 Listing by Manager
Unit for rent at 1404 W Fayette 1 &2, Springfield, IL, 62704

$850 /mo

  • 2 Beds
  • 1 Bath
1404 W Fayette 1 &2 #1404 Fayette, Springfield, IL, 62704 Listing by Manager
Unit for rent at 1021 S. Spring St., Springfield, IL, 62704

$850 /mo

  • 1 Bed
  • 1 Bath
1021 S. Spring St. #1021 S. Spring St. - Unit-P, Springfield, IL, 62704 Listing by Manager

Frequently Asked Questions

What neighborhood is 538 West Miller Street located in?
The 538 West Miller Street is a multifamily located in the neighborhood of Oak Ridge in Oak Ridge, Springfield.
What is the average sales price for listings in 538 West Miller Street?
The average sales price for units in 538 West Miller Street is $0 currently.

Quantcast