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507 Springwood Dr; Joliet, IL Property Details

507 Springwood Dr, Joliet, IL is a Single Family that was built in 1998. This property is currently Financed,Bank Sale and is not for sale. Our records show that 507 Springwood Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,537 square feet. The lot size of 507 Springwood Dr is 4,963 square feet.

Off market
507 Springwood Dr Joliet, IL 60431
$149,900 Listing Price
3 Beds
1.5 Baths
1,537 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1998
  • Purchase Price: $149,900
  • Open Loans / Balance: 2 / $114,379
  • Est. Equity / %: $189,621 / 62.38%
  • Gross Yield: 9.853%
  • APN: 05-06-14-301-009
  • Situs County: Will
  • Length Of Ownership: 11 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,537/SqFt
  • Lot: 4,963/SqFt
  • Garage: 380/SqFt
  • Living: 1,537/SqFt
  • Basement: 380/SqFt
  • Building: 1,537/SqFt
  • Garage Unfinished: 380/SqFt
  • Basement Unfinished: 380/SqFt
  • Price Per Square Foot: $97.53

Legal Description

  • Description: LOT A3 IN SPRINGWOOD RESUB. OF LOTS 3 4 OF SPRINGWOOD SUB., A SUB OF PRT OF THE E1/2 SW1/4 IN SEC 14, T35N-R9E.
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Joliet Township High School District 204
  • Lat / Lon: 41.512356 / -88.17097
  • Subdivision: Springwood Re
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 8969
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Garage
  • Parking: 1

HOA

  • H O A One: $110
  • H O A Two: $150
  • H O A Amount: $260
  • H O A One Frequency: Annual
  • H O A Two Frequency: Annual
  • H O A One Name: Springwood
  • H O A One Type: Home Owner Association
  • H O A Two Name: Springwood South Homeowners Association
  • H O A Two Type: Home Owner Association

Ownership Info

507 Springwood Dr has no associated ownership info
507 Springwood Dr has no associated ownership info.

Taxes

507 Springwood Dr has 10 associated Taxes items

507 Springwood Dr, Joliet, IL pays taxes in Will County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $84,385. The APN we've located for 507 Springwood Dr is 05-06-14-301-009.

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Taxes
  • Assessed Value:  $84,385
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  05-06-14-301-009
  • Assessed Land Value:  16171
  • Market Land Value:  48513
  • Tax Amount:  7187.84
  • Tax Year:  2025
  • Market Value:  253155
  • Market Year:  2025

Tax History

507 Springwood Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $84,385 Land Value $16,171 Improvement Value $68,214 Tax Amount $7,187.84 Change Rate Assessed CR Tax Rate +0.085179%
Year 2024 Assessed Value $77,882 Land Value $14,925 Improvement Value $62,957 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $69,975 Land Value $13,410 Improvement Value $56,565 Tax Amount $6,413.36 Change Rate Assessed CR Tax Rate +0.091652%
Year 2022 Assessed Value $66,214 Land Value $12,689 Improvement Value $53,525 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $62,290 Land Value $11,937 Improvement Value $50,353 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $62,290 Land Value $11,937 Improvement Value $50,353 Tax Amount $5,237.34 Change Rate +0.032224% Assessed CR Tax Rate +0.08408%
Year 2019 Assessed Value $59,750 Land Value $11,450 Improvement Value $48,300 Tax Amount $5,073.84 Change Rate -0.013041% Assessed CR Tax Rate +0.084918%
Year 2018 Assessed Value $58,850 Land Value $11,450 Improvement Value $47,400 Tax Amount $5,140.88 Change Rate +0.043008% Assessed CR Tax Rate +0.087356%
Year 2017 Assessed Value $55,700 Land Value $11,450 Improvement Value $44,250 Tax Amount $4,928.9 Change Rate +0.013264% Assessed CR Tax Rate +0.08849%
Year 2016 Assessed Value $53,300 Land Value $11,450 Improvement Value $41,850 Tax Amount $4,864.38 Change Rate Assessed CR Tax Rate +0.091264%
Year 2015 Assessed Value $49,713 Land Value $10,213 Improvement Value $39,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $48,198 Land Value $10,213 Improvement Value $37,985 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $48,198 Land Value $10,213 Improvement Value $37,985 Tax Amount $4,248.66 Change Rate Assessed CR Tax Rate +0.08815%