Sold
Last Sold Price
2 beds826 sqft
316 Magnolia Dr, Springfield, IL 62702
Single FamilyProperty Type
0.08 acresLot Size
1962Year Built
$109/sq ftPrice per sq ft

Description

Welcome to your next venture – a 2-bed, 1-bath ranch style house that's not just a home, but a thriving Airbnb! Nestled in Springfield, this property boasts excellent booking rates, making it a profitable venture for savvy investors or a cozy haven for owner-occupiers. Step into a fully furnished retreat where every detail has been thoughtfully curated. From the furniture to modern appliances, from sleek TVs to gaming devices, this home offers a turnkey solution for those seeking both comfort and...Welcome to your next venture – a 2-bed, 1-bath ranch style house that's not just a home, but a thriving Airbnb! Nestled in Springfield, this property boasts excellent booking rates, making it a profitable venture for savvy investors or a cozy haven for owner-occupiers. Step into a fully furnished retreat where every detail has been thoughtfully curated. From the furniture to modern appliances, from sleek TVs to gaming devices, this home offers a turnkey solution for those seeking both comfort and convenience. Say goodbye to the hassle of moving in – this house comes complete with kitchen tools, bedding, and décor, ensuring a seamless transition. Outside, discover a fenced yard offering privacy and security, perfect for enjoying sunny days or hosting outdoor gatherings. Plus, with a 1-car detached garage, you have ample space for parking or additional storage. Whether you're looking to capitalize on the lucrative Airbnb market or seeking a cozy abode to call your own, this property offers the best of both worlds. Don't miss your chance to own a piece of serenity and success – schedule a viewing today!
  • Listed by: Cindy Grady 217.638.7653 cgrady@thegroup.com • The Real Estate Group, Inc.
Listing closed: 06/27/2024 12:00 AM • Source: RMLS ALLIANCE, MLS#: CA1029194

Recent comparable sales

Median sold price

$85,000

Avg days on market

40

Sale-to-list ratio

95.2%

Springfield, IL

9 comparable properties found

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$90,000 | 2364 East Keys Avenue, Springfield, IL 62702
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$90,000 | 2352 East Keys Avenue, Springfield, IL 62702
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$70,000 | 521 North Daniels Avenue, Springfield, IL 62702
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$76,500 | 130 South Wheeler Avenue, Springfield, IL 62703
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Location

Listing Courtesy of The Real Estate Group, Inc.

Sold By The Real Estate Group, Inc.

Add your commute

Payment Calculator

$596 per month

30 year fixed, 6.71% Interest

Principal and Interest

$465

Property Taxes

$131

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 316 Magnolia Drive

Property Details
  • Taxes: $1,577 / year
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Ranch
  • Subdivision Name: None
Building Information
  • Year Built: 1962
  • Lot Size: 0.08 AC / 3,540 SF
Summary
Location and General Information
  • City: Springfield
  • County Or Parish: Sangamon
  • Directions: Traveling West on Clearlake, cross Dirksen Prkwy, then turn North on Magnolia (at Mario's Pizza). Cross E Linden. House on Right
  • Latitude: 39.804922
  • Longitude: -89.607543
  • MLSArea Minor: Springfield
  • Postal Code: 62702
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 14250377044
  • Mandatory Annual Fee: No
  • Mandatory Monthly Fee: No
  • Tax Annual Amount: $1,577
  • Tax Legal Description: L 177 & 178 PINE CREST
  • Tax Year: 2023
School Information
  • Elementary School: Feitshans
  • High School: Lanphier High School
  • Middle Or Junior School: Washington
Parking
  • Parking Features: Detached, Paved
  • Garage: true
Property
Lot Information
  • Building Area Total: 826.0
  • Living Area: 826.0
  • Lot Features: Level
  • Lot Size Dimensions: 20 x 177
  • 100 Year Plain: No
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: None Available
  • Foundation Details: Block
  • New Construction: No
  • Year Built: 1962
  • Year Built Source: Unable to Verify Actual Age
Utilities
  • Water Source: Public Sewer, Public
  • Utilities On: Yes
  • Utility Company: Ameren & CWLP
Interior and Exterior Features
Exterior Features
  • Exterior Features: Fenced Yard
  • Roof: Composition
  • Construction Materials: Steel Siding
Interior Features
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Crawl Space
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 2
  • Fireplaces Total: 1
  • Heating: Gas, Forced Air, Electric Water Heater, Central Air
  • Interior Features: Blinds, Ceiling Fan(s)
  • Operating Recording Device: None
Room Information
Room 1
  • Number Full Baths: 1
  • Number Half Baths: 0
  • Room Area: 826.0
  • Room Area Units: Feet.Inches
  • Room Type: Main Level
Room 2
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Type: Upper Level
Room 3
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area Units: Feet.Inches
  • Room Type: Lower Level
Room 4
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area Units: Feet.Inches
  • Room Type: Basement Level
Room 5
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area Units: Feet.Inches
  • Room Type: Additional Level
Room 6
  • Egress Window: Yes
  • Flooring: Laminate
  • Room Length: 10.5
  • Room Level: Main
  • Room Type: Bedroom 1
  • Room Width: 13.6
Room 7
  • Egress Window: Yes
  • Flooring: Laminate
  • Room Length: 12.6
  • Room Level: Main
  • Room Type: Bedroom 2
  • Room Width: 9.5
Room 8
  • Flooring: Laminate
  • Room Length: 17.2
  • Room Level: Main
  • Room Type: Living Room
  • Room Width: 12.4
Room 9
  • Flooring: Laminate
  • Room Length: 12.2
  • Room Level: Main
  • Room Type: Kitchen
  • Room Width: 10.7
Room 10
  • Room Length: 10.7
  • Room Level: Main
  • Room Type: Laundry
  • Room Width: 5.4
Room 11
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Type: Third Floor
Mobile Home
Mobile/Manufactured Home
  • Property Is Mobile Home: No

Property History for 316 Magnolia Drive

DateEvent & SourcePriceAppreciation
Jun 27, 2024

Sold

RMLS ALLIANCE #CA1029194

$90,000
Jun 26, 2024

Sold (Public Record)

Public Record #1535409745

$90,000

+41.0% / yr

May 23, 2024

Pending

RMLS ALLIANCE #CA1029194

DateEvent & SourcePrice
06/27/2024

Sold

RMLS ALLIANCE #CA1029194

$90,000
06/26/2024

Sold (Public Record)

Public Record #1535409745

$90,000

+41.0% / yr

05/23/2024

Pending

RMLS ALLIANCE #CA1029194

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 316 Magnolia Drive

Taxable ValueLand$2,976Additions$17,701Total$20,677
Tax Record2025$1,667 ($139 / month)
Home Facts
Beds0Lot Size5,599 SqFtStyleSingle Family ResidenceZoningR2CountySANGAMONAPN14-25.0-377-044

Schools near 316 Magnolia Drive

This home is within Springfield School District 186.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Feitshans Elementary School
PublicK to 5

Washington Middle School
Public6 to 8

Lanphier High School
Public9 to 12

Lincoln Magnet School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Real Estate Group, Inc.

Based on information submitted to the MLS GRID as of 07/12/2024 03:17 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.