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Sangamon Sun

Sunday, September 29, 2024

4th Street/ Cook Street home prices rise in June 2017

Realestate077

The median sale price of a home sold in June 2017 in 4th Street/ Cook Street, a Springfield neighborhood, rose by $2,750 while total sales decreased by 20%, according to BlockShopper.com.

In June 2017, there were four homes sold, with a median sale price of $49,250 - a 5.9% increase over the $46,500 median sale price for the same period of the previous year. There were five homes sold in 4th Street/ Cook Street in June 2016.

The median sales tax in 4th Street/ Cook Street for 2017 was $1,515. In 2016, the median sales tax was $1,512. This marks an increase of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.1%.

The following table compares 4th Street/ Cook Street to other Springfield neighborhood with similar median sales prices in June 2017:

NeighborhoodJune 2017 Home SalesJune 2016 Home Sales% change (Total Home Sales)June 2017 Median Sales PriceJune 2016 Median Sales Price% change (Median Sales Price)
Route 54/ Sangamon Ave.1820-10%$86,750$78,00011.2%
College Street/ Lawrence Avenue71600%$80,500$69,90015.2%
College Street/ Ash Street222010%$78,450$111,500-29.6%
Arlington Heights73133.3%$67,000$63,0006.3%
5th Street/ Griffiths Avenue84100%$64,700$57,00013.5%
4th Street/ Cook Street45-20%$49,250$46,5005.9%
Stanford Avenue/ Fox Bridge Road1012-16.7%$45,000$51,700-13%
Devereux Heights26-66.7%$41,500$110,750-62.5%
Route 97/ 9th Street21100%$37,000$75,000-50.7%
Southern View5366.7%$36,000$61,000-41%
Grandview8560%$34,000$52,000-34.6%

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