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516 Springwood Dr; Joliet, IL Property Details

516 Springwood Dr, Joliet, IL is a Condominium that was built in 2000. This property is currently Financed and is not for sale. Our records show that 516 Springwood Dr has 2 bedrooms, and 2 bathrooms, and a total of 1,000 square feet. The lot size of 516 Springwood Dr is 27,001 square feet.

Off market  •   Bankruptcy ✓
516 Springwood Dr Joliet, IL 60431
$118,500 Listing Price
2 Beds
2 Baths
1,000 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2000
  • Purchase Price: $118,500
  • Open Loans / Balance: 1 / $92,348
  • Est. Equity / %: $126,652 / 57.83%
  • APN: 05-06-14-302-018-1002
  • Situs County: Will
  • Length Of Ownership: 9 years, 4 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Roof Cover Type: Asphalt
  • Patio Type: Patio

Measurements

  • Total: 1,000/SqFt
  • Lot: 27,001/SqFt
  • Garage: 228/SqFt
  • Living: 1,000/SqFt
  • Basement: 1,000/SqFt
  • Building: 1,000/SqFt
  • Garage Unfinished: 228/SqFt
  • Basement Unfinished: 1,000/SqFt
  • Price Per Square Foot: $118.50

Legal Description

  • Description: UNIT 6-C-2 IN SPRINGWOOD CONDOS OF LOT 2 IN SPRINGWOOD RE-SUB OF SPRINGWOOD, A SUB OF PRT OF THE SW 1/4 OF SEC 14, T35N R9E.
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Joliet Township High School District 204
  • Lat / Lon: 41.512115 / -88.1698
  • Subdivision: Springwood
  • Property Class: Residential
  • County Use Code: R

Amenities

  • Plus Four: 0647
  • Cooling: Yes
  • Garage: Attached Garage
  • Parking: 1

HOA

  • H O A One: $110
  • H O A Two: $172
  • H O A Amount: $282
  • H O A One Frequency: Annual
  • H O A Two Frequency: Monthly
  • H O A One Name: Springwood
  • H O A One Type: Condo Owner Association
  • H O A Two Name: Springwood Cul De Sac Homes
  • H O A Two Type: Condo Owner Association

Ownership Info

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

Taxes

516 Springwood Dr has 10 associated Taxes items

516 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 $64,164. The APN we've located for 516 Springwood Dr is 05-06-14-302-018-1002.

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Taxes
  • Assessed Value:  $64,164
  • Assessed Year:  2025
  • Assessed County:  Will
  • APN:  05-06-14-302-018-1002
  • Assessed Land Value:  11934
  • Market Land Value:  35802
  • Tax Amount:  4784
  • Tax Year:  2025
  • Market Value:  192492
  • Market Year:  2025

Tax History

516 Springwood Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $64,164 Land Value $11,934 Improvement Value $52,230 Tax Amount $4,784 Change Rate Assessed CR Tax Rate +0.074559%
Year 2024 Assessed Value $59,219 Land Value $11,014 Improvement Value $48,205 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $49,270 Land Value $9,896 Improvement Value $39,374 Tax Amount $3,782.48 Change Rate +0.036347% Assessed CR Tax Rate +0.07677%
Year 2022 Assessed Value $45,324 Land Value $9,364 Improvement Value $35,960 Tax Amount $3,649.82 Change Rate +0.072089% Assessed CR Tax Rate +0.080527%
Year 2021 Assessed Value $42,638 Land Value $8,809 Improvement Value $33,829 Tax Amount $3,404.4 Change Rate -0.001314% Assessed CR Tax Rate +0.079844%
Year 2020 Assessed Value $42,638 Land Value $8,809 Improvement Value $33,829 Tax Amount $3,408.88 Change Rate +0.034731% Assessed CR Tax Rate +0.079949%
Year 2019 Assessed Value $40,900 Land Value $8,450 Improvement Value $32,450 Tax Amount $3,294.46 Change Rate +0.073478% Assessed CR Tax Rate +0.080549%
Year 2018 Assessed Value $37,550 Land Value $8,450 Improvement Value $29,100 Tax Amount $3,068.96 Change Rate +0.151675% Assessed CR Tax Rate +0.08173%
Year 2017 Assessed Value $32,870 Land Value $8,450 Improvement Value $24,420 Tax Amount $2,664.78 Change Rate +0.04774% Assessed CR Tax Rate +0.08107%
Year 2016 Assessed Value $30,731 Land Value $8,450 Improvement Value $22,281 Tax Amount $2,543.36 Change Rate Assessed CR Tax Rate +0.082762%
Year 2015 Assessed Value $28,814 Land Value $7,410 Improvement Value $21,404 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $30,676 Land Value $7,410 Improvement Value $23,266 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $31,901 Land Value $7,410 Improvement Value $24,491 Tax Amount $2,607.5 Change Rate Assessed CR Tax Rate +0.081737%