new - 4 days on rocket

525 S Grand Ave W, Springfield, IL, 62704

$175,000

Home List Price

$2,078*

Closing Credit

2 Bedrooms
1 Full Bath
1,055 SqFt
$166/SqFt
House

Location

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525 S Grand Ave W, Springfield$175,000

Buyer Closing Credits

$2,078*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Oversized
Garage2 spaces
Year Built1914
HeatingNatural Gas, Forced Air, Central
BasementYes
FireplaceLiving Room
MLS #CA1033269
StatusActive

About 525 S Grand Ave W

Welcome to The Bungalow – a turnkey dream investment or personal retreat with proven success! This charming 2-bedroom, 1-bath home boasts an 81.9% occupancy rate, an impressive 4.91-star rating with over 100 glowing reviews, and has generated over $42K in bookings in the past year. Designed to delight, The Bungalow is fully equipped with all the essentials and then some! Enjoy a fully stocked kitchen, bed linens, beds, furniture, plush towels, and thoughtful touches and décor throughout. The fenced backyard is perfect for entertaining, complete with enchanting draping party lights for a magical ambiance. As a bonus, the garage is currently rented as a storage unit for $100/month, adding an extra income stream. Whether you're looking to expand your portfolio or secure a stylish, cozy home, The Bungalow is ready to impress. Don’t miss this exceptional opportunity in Springfield! *Broker Owned*

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1914
  • Living Area: 1,055 SqFt

Listing Office:

  • Office Name: The Real Estate Group, Inc.
  • Office Phone: (217) 306-1000
  • Listing Agent: Jami Winchester

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Oven, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Fenced Yard, Porch

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Oversized

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Central

Other

Directions Information:

  • Directions: East on S Grand Ave from MacArthur. Home is on the north side of the street between Lowell and Holmes.

Price Information

Listing Price Info

Price Summary:

  • List Price: $175,000
  • Price Per SqFt: $166/SqFt

Tax Information:

  • Annual Amount: $1,805
  • Tax Year: 2020
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Housing Market Comparison

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

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Springfield, IL

City

Med. Sold Price

$167.2K

Med. Price/SqFt

$104

Avg. Days On Market

21

# of Sold Homes

156

525 S Grand Ave W vs Springfield

4 DAYS ON ROCKET

-17 Days

$175,000

+$7.7K More

$166/SqFt

+$62 More

KEY TAKEAWAY

This property is $7.7K more than the Median Sold Price and $62/SqFt more than other homes in Springfield, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #CA1033269

Listing Office:

  • Office Name: The Real Estate Group, Inc.
  • Office Phone: (217) 306-1000
  • Listing Agent: Jami Winchester

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: 11/26/2024, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 31, 2019Home Sold
$60,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,805$20,487
2019$1,671$20,415
2018$1,671$19,781
2017$1,637$19,525

History based on county public records data.

Payment Calculator

$941

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$591

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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-1836047
6
/10

  • Butler Elementary School

  • 1701 S MacArthur Blvd

  • 0.52 miles

  • Public District Grades KG-5

school-card-donut-1836048
3
/10

  • Elizabeth Graham Elementary School

  • 900 W Edwards St

  • 0.64 miles

  • Public District Grades KG-5

school-card-donut-1836049
4
/10

  • Black Hawk Elementary School

  • 2500 S College St

  • 1.07 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,046. Most Springfield, IL residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 525 S Grand Ave W

What is the listing price of this property?

The listing price of 525 S Grand Ave W property is $175,000.

What type of property is this?

The property 525 S Grand Ave W is a house located in Springfield, Illinois, 62704.

Is this property for sale now?

Active Listing: 525 S Grand Ave W is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,805 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 31, 2019 for $60,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 525 S Grand Ave W has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 525 S Grand Ave W is 1,055 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 S Grand Ave W is 1914.

Rocket Homes›Illinois›Sangamon County›Springfield›62704›525 S Grand Ave W

This home is located at 525 S Grand Ave W in Springfield, IL and zip code 62704 in the Vinegar Hill neighborhood. This 1,055 square foot home was built in 1914. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $175,000.

While more than 46 listings in Springfield, IL in October 2024 were sold above asking price, there were more than 35 listings sold at asking price, and more than 75 were sold below. The number of listings in Springfield, IL decreased by 6% between September 2024 and October 2024. While the average time on the market in October 2024 was 21 days, the median list price was $167,290.

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

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