10 months on rocket

1408 Loveland St, Springfield, IL, 62702

$125,000

Home List Price

$1,484*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1408 Loveland St, Springfield$125,000

Buyer Closing Credits

$1,484*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn Street
Year Built1900
HeatingElectric, Central
MLS #CA1022940
StatusActive

About 1408 Loveland St

Two investment properties and a lot being sold as a package. 1400 Loveland (3BR 2BA) currently rented for $1075 monthly, and 1400 Loveland (2BR 1BA) currently rented for $650/mo. Vacant lot located at 1230 South Grand Ave E, has potential for business.

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: Keller Williams Capital
  • Office Phone: (217) 306-7445
  • Listing Agent: Philip Chiles

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Electric, Central

School Info

Assigned Schools Information:

  • Springfield Southeast High School, Public District Grades 9-12
  • Benjamin Franklin Middle School, Public District Grades 6-8
  • Owen Marsh Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: South on Loveland from South Grand Ave E

Price Information

Listing Price Info

Price Summary:

  • List Price: $125,000
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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

$155.7K

Med. Price/SqFt

$100

Avg. Days On Market

22

# of Sold Homes

143

1408 Loveland St vs Springfield

321 DAYS ON ROCKET

+299 Days

$125,000

-$30.7K Less

KEY TAKEAWAY

This property is $30.7K less than the Median Sold Price in Springfield, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #CA1022940

Listing Office:

  • Office Name: Keller Williams Capital
  • Office Phone: (217) 306-7445
  • Listing Agent: Philip Chiles

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: 4/29/2024, 10:20:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$691

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$441

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NMLS#3030

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.

Elementary School

school-card-donut-3041465
7
/10

  • Owen Marsh Elementary School

  • 1100 Avon Dr

  • 3.04 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3041466
4
/10

  • Benjamin Franklin Middle School

  • 1200 Outer Park Dr

  • 2.03 miles

  • Public District Grades 6-8

High School

school-card-donut-3041467
2
/10

  • Springfield Southeast High School

  • 2350 E Ash St

  • 1.10 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,146. The most common annual income of people living in Springfield, IL is less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Sangamon County›Springfield›62702›1408 Loveland St

This home is located at 1408 Loveland St in Springfield, IL and zip code 62702 in the Old South Town neighborhood. This home was built in 1900. It has been listed on Rocket Homes since June 13, 2023 and is currently priced at $125,000.

Over 45 listings were sold over their listed price in March 2024 in Springfield, IL. In the same period over 71 listings were sold below the listed price and 27 listings were sold for the listed price. The number of homes for sale in Springfield, IL increased by 18.9% between February 2024 and March 2024. In March 2024, listings were on the market for 22 days. During the same period, the median list price in this real estate market was $155,769.

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

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