Taxes
- Assessed Value: $61,278
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-33.0-305-016
- Assessed Land Value: 8068
- Market Land Value: 24204
- Tax Amount: 4070.72
- Tax Year: 2025
- Market Value: 183834
- Market Year: 2025
1040 W Fayette Ave; Springfield, IL Property Details
Off market
1040 W Fayette Ave Springfield, IL 62704
$61,278 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $104,000
- Est. Equity / %: $231,000 / 100%
- Gross Yield: 8.088%
- APN: 14-33.0-305-016
- Situs County: Sangamon
- Length Of Ownership: 28 years, 8 months
Measurements
- Lot: 5,979/SqFt
Legal Description
- Description: L 9 SCHOLES&KEYS BLVD ADDN
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Springfield School District 186
- Lat / Lon: 39.791676 / -89.66982
- Subdivision: Scholes&Keys Blvd Add
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 2426
Ownership Info
1040 W Fayette Ave has no associated ownership info
1040 W Fayette Ave has no associated ownership info.
Taxes
1040 W Fayette Ave has 10 associated Taxes items
1040 W Fayette Ave, Springfield, IL pays taxes in Sangamon County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $61,278. The APN we've located for 1040 W Fayette Ave is 14-33.0-305-016.
Unlock the full reportTax History
1040 W Fayette Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $61,278 | Land Value $8,068 | Improvement Value $53,210 | Tax Amount $4,070.72 | Change Rate +0.050091% | Assessed CR | Tax Rate +0.06643% |
| Year 2024 | Assessed Value $57,152 | Land Value $7,525 | Improvement Value $49,627 | Tax Amount $3,876.54 | Change Rate +0.064165% | Assessed CR | Tax Rate +0.067829% |
| Year 2023 | Assessed Value $52,203 | Land Value $6,873 | Improvement Value $45,330 | Tax Amount $3,642.8 | Change Rate +0.055376% | Assessed CR | Tax Rate +0.069781% |
| Year 2022 | Assessed Value $49,519 | Land Value $6,520 | Improvement Value $42,999 | Tax Amount $3,451.66 | Change Rate +0.045901% | Assessed CR | Tax Rate +0.069704% |
| Year 2021 | Assessed Value $47,665 | Land Value $6,276 | Improvement Value $41,389 | Tax Amount $3,300.18 | Change Rate +0.019833% | Assessed CR | Tax Rate +0.069237% |
| Year 2020 | Assessed Value $47,736 | Land Value $6,285 | Improvement Value $41,451 | Tax Amount $3,236 | Change Rate +0.067254% | Assessed CR | Tax Rate +0.06779% |
| Year 2019 | Assessed Value $47,569 | Land Value $6,263 | Improvement Value $41,306 | Tax Amount $3,032.08 | Change Rate | Assessed CR | Tax Rate +0.063741% |
| Year 2018 | Assessed Value $46,886 | Land Value $6,233 | Improvement Value $40,653 | Tax Amount $3,032.08 | Change Rate -0.101989% | Assessed CR | Tax Rate +0.064669% |
| Year 2017 | Assessed Value $46,279 | Land Value $6,152 | Improvement Value $40,127 | Tax Amount $3,376.44 | Change Rate +0.02229% | Assessed CR | Tax Rate +0.072958% |
| Year 2016 | Assessed Value $45,604 | Land Value $6,062 | Improvement Value $39,542 | Tax Amount $3,302.82 | Change Rate +0.011639% | Assessed CR | Tax Rate +0.072424% |
| Year 2015 | Assessed Value $45,059 | Land Value $5,990 | Improvement Value $39,069 | Tax Amount $3,264.82 | Change Rate +0.067116% | Assessed CR | Tax Rate +0.072457% |
| Year 2014 | Assessed Value $44,768 | Land Value $5,951 | Improvement Value $38,817 | Tax Amount $3,059.48 | Change Rate +0.02282% | Assessed CR | Tax Rate +0.068341% |
| Year 2013 | Assessed Value $42,919 | Land Value $5,952 | Improvement Value $36,967 | Tax Amount $2,991.22 | Change Rate | Assessed CR | Tax Rate +0.069695% |