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:
Neighborhood | June 2017 Home Sales | June 2016 Home Sales | % change (Total Home Sales) | June 2017 Median Sales Price | June 2016 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Route 54/ Sangamon Ave. | 18 | 20 | -10% | $86,750 | $78,000 | 11.2% |
College Street/ Lawrence Avenue | 7 | 1 | 600% | $80,500 | $69,900 | 15.2% |
College Street/ Ash Street | 22 | 20 | 10% | $78,450 | $111,500 | -29.6% |
Arlington Heights | 7 | 3 | 133.3% | $67,000 | $63,000 | 6.3% |
5th Street/ Griffiths Avenue | 8 | 4 | 100% | $64,700 | $57,000 | 13.5% |
4th Street/ Cook Street | 4 | 5 | -20% | $49,250 | $46,500 | 5.9% |
Stanford Avenue/ Fox Bridge Road | 10 | 12 | -16.7% | $45,000 | $51,700 | -13% |
Devereux Heights | 2 | 6 | -66.7% | $41,500 | $110,750 | -62.5% |
Route 97/ 9th Street | 2 | 1 | 100% | $37,000 | $75,000 | -50.7% |
Southern View | 5 | 3 | 66.7% | $36,000 | $61,000 | -41% |
Grandview | 8 | 5 | 60% | $34,000 | $52,000 | -34.6% |