25 days on rocket

Sale Pending

718 S 7th St Unit 302, Springfield, IL, 62703

$80,000

Home List Price

$950*

Closing Credit

2 Bedrooms
2 Full Baths
1,148 SqFt
$70/SqFt
Condo
Schools Nearby

Location

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718 S 7th St Unit 302, Springfield$80,000

Buyer Closing Credits

$950*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOther
Year Built1958
HeatingCentral, Other
MLS #CA1028175
StatusSale Pending
(Pending (No Showings))

About 718 S 7th St Unit 302

Rare opportunity to own this spacious condo in The Town House. This bright and welcoming unit has been recently updated. Updates in 2024- New kitchen cabinets, new LVP flooring, new carpet, new countertops, new stove, new hood, and new paint. The building offers a complete mid century vibe. The lobby is truly stunning and offers great space for visiting friends or neighbors. The outdoor garden is complete with seating areas, plantings and water features. The Town House is a true Springfield treasure. Building is staffed 24 hours a day. Association covers water, electric, trash, basic cable tv, common area maintenance and 24 hour staff. Underground parking and valet service offered for an additional charge and subject to availability. All residents subject to credit and background check and board approval. Broker owned. No pets allowed.

Property Details

Property Features

Property Information:

  • Year Built: 1958
  • Living Area: 1,148 SqFt

Listing Office:

  • Office Name: The Real Estate Group, Inc.
  • Office Phone: (217) 691-1701
  • Listing Agent: Megan Nika

Interior Features

Interior Information:

  • Appliances: Range, Oven
  • Basement: No
  • Interior: Blinds, Cable Available, High Speed Internet

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio

Parking Information:

  • Parking: Other

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Central, Other

School Info

Assigned Schools Information:

  • Springfield High School, Public District Grades 9-12
  • Benjamin Franklin Middle School, Public District Grades 6-8
  • Elizabeth Graham Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Corner of 7th and Lawrence.

Price Information

Listing Price Info

Price Summary:

  • List Price: $80,000
  • Price Per SqFt: $70/SqFt

HOA Fees:

  • Amount: $907
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,942
  • 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

$155.7K

Med. Price/SqFt

$100

Avg. Days On Market

22

# of Sold Homes

143

718 S 7th St Unit 302 vs Springfield

25 DAYS ON ROCKET

+3 Days

$80,000

-$75.7K Less

$70/SqFt

-$30 Less

KEY TAKEAWAY

This property is $75.7K less than the Median Sold Price and $30/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: #CA1028175

Listing Office:

  • Office Name: The Real Estate Group, Inc.
  • Office Phone: (217) 691-1701
  • Listing Agent: Megan Nika

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: 5/1/2024, 11:20:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,942$22,042
2019$1,180$21,966
2018$1,180$13,964
2017$1,155$13,783

History based on county public records data.

Payment Calculator

$1,374

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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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.

Elementary School

school-card-donut-4174059
2
/10

  • Elizabeth Graham Elementary School

  • 900 W Edwards St

  • 1.10 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4174060
4
/10

  • Benjamin Franklin Middle School

  • 1200 Outer Park Dr

  • 1.98 miles

  • Public District Grades 6-8

High School

school-card-donut-4174061
5
/10

  • Springfield High School

  • 101 S Lewis St

  • 0.93 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 $18,649. The majority of Springfield, IL residents have income less than $35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 718 S 7th St Unit 302

What is the listing price of this property?

The listing price of 718 S 7th St Unit 302 property is $80,000.

What type of property is this?

The property 718 S 7th St Unit 302 is a condo located in Springfield, Illinois, 62703.

Is this property for sale now?

Sale Pending: 718 S 7th St Unit 302 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 718 S 7th St Unit 302 are:
Elizabeth Graham Elementary School: GreatSchools Rating 2/10
Benjamin Franklin Middle School: GreatSchools Rating 4/10
Springfield High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,942 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 718 S 7th St Unit 302 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 718 S 7th St Unit 302 is 1,148 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 718 S 7th St Unit 302 is 1958.

Rocket Homes›Illinois›Sangamon County›Springfield›62703›718 S 7th St Unit 302

This home is located at 718 S 7th St Unit 302 in Springfield, IL and zip code 62703 in the Old Aristocracy Hill neighborhood. This 1,148 square foot home was built in 1958. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $80,000.

Springfield, IL housing market in March 2024 saw over 45 listings sold above listed price, more than 27 sold at listed price and over 71 sold below. The number of homes for sale in Springfield, IL increased by 18.9% between February 2024 and March 2024. Listings spent 22 days on the market in March 2024, and had a median list price of $155,769 during the same period.

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

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