3 months on rocket

Sale Pending

1609 E Melrose St, Springfield, IL, 62703

$25,000

Home List Price

$297*

Closing Credit

1 Bedroom
1 Full Bath
760 SqFt
$33/SqFt
House

Location

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1609 E Melrose St, Springfield$25,000

Buyer Closing Credits

$297*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn Street
Year Built1957
HeatingBaseboard
MLS #CA1031941
StatusSale Pending
(Pending (No Showings))

About 1609 E Melrose St

Perfect project home that needs some finishing touches to turn into a great small home for yourself or turn into a rental.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1957
  • Living Area: 760 SqFt

Listing Office:

  • Office Name: Keller Williams Capital
  • Office Phone: (217) 837-9497
  • Listing Agent: Logan Cunningham

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Baseboard

Other

Directions Information:

  • Directions: Fox Bridge Rd off 15th to Melrose

Price Information

Listing Price Info

Price Summary:

  • List Price: $25,000
  • Price Per SqFt: $33/SqFt

Tax Information:

  • Annual Amount: $610
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Springfield, IL.

Med. Sold Price

$169.9K

Med. Price/SqFt

$103

Avg. Days On Market

16

# of Sold Homes

128

1609 E Melrose St vs Springfield

94 DAYS ON ROCKET

+78 Days

$25,000

-$144.9K Less

$33/SqFt

-$71 Less

KEY TAKEAWAY

This property is $144.9K less than the Median Sold Price and $71/SqFt less than other homes in Springfield, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #CA1031941

Listing Office:

  • Office Name: Keller Williams Capital
  • Office Phone: (217) 837-9497
  • Listing Agent: Logan Cunningham

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 9:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$610$6,926
2019$649$6,902
2018$649$7,677
2017$346$7,578

History based on county public records data.

Payment Calculator

$192

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$141

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-673438
2
/10
  • Harvard Park Elementary School

  • 2501 S 11th St

  • 0.55 miles

  • Public District Grades PK-5

school-card-donut-673439
1
/10
  • Feitshans Elementary School

  • 1101 S 15th St

  • 1.03 miles

  • Public District Grades PK-5

school-card-donut-673440
1
/10
  • Matheny-Withrow Elementary School

  • 1200 S Pope Ave

  • 1.15 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,806. Residents of Springfield, IL typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1609 E Melrose St

What is the listing price of this property?

The listing price of 1609 E Melrose St property is $25,000.

What type of property is this?

The property 1609 E Melrose St is a house located in Springfield, Illinois, 62703.

Is this property for sale now?

Sale Pending: 1609 E Melrose St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $610 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1609 E Melrose St has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1609 E Melrose St is 760 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1609 E Melrose St is 1957.

Rocket Homes›Illinois›Sangamon County›Springfield›62703›1609 E Melrose St

This home is located at 1609 E Melrose St in Springfield, IL and zip code 62703. This 760 square foot home was built in 1957. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $25,000.

While more than 42 listings in Springfield, IL in November 2024 were sold above asking price, there were more than 25 listings sold at asking price, and more than 61 were sold below. Between October 2024 and November 2024, Springfield, IL real estate market has seen decrease in the number of listings by 6%. In November 2024 median list price was $169,915 and the average listing age was 16 days.

From Rocket Homes Real Estate and based on county public records data.

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