Large Location Icon

1224 Phillips Ave; Springfield, IL Property Details

1224 Phillips Ave, Springfield, IL is a Single Family. This property is currently New Construction and is not for sale. The lot size of 1224 Phillips Ave is 3,657 square feet.

Off market
1224 Phillips Ave Springfield, IL 62702
$16,455 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $89,000
  • Est. Equity / %: $85,000 / 100%
  • Gross Yield: 8.795%
  • APN: 14-27.0-279-005
  • Situs County: Sangamon
  • Length Of Ownership: 7 years, 5 months

Measurements

  • Lot: 3,657/SqFt

Legal Description

  • Description: FURNITURE FACTORY PARK ADDN W 38' E 76' L 1 & 2 B 7
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: 39.81116 / -89.63823
  • Subdivision: Furniture Factory Park Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 5441

Ownership Info

1224 Phillips Ave has no associated ownership info
1224 Phillips Ave has no associated ownership info.

Taxes

1224 Phillips Ave has 10 associated Taxes items

1224 Phillips 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 $16,455. The APN we've located for 1224 Phillips Ave is 14-27.0-279-005.

Unlock the full report
Taxes
  • Assessed Value:  $16,455
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-27.0-279-005
  • Assessed Land Value:  1377
  • Market Land Value:  4131
  • Tax Amount:  1332.26
  • Tax Year:  2025
  • Market Value:  49365
  • Market Year:  2025

Tax History

1224 Phillips Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $16,455 Land Value $1,377 Improvement Value $15,078 Tax Amount $1,332.26 Change Rate +0.033497% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $15,347 Land Value $1,284 Improvement Value $14,063 Tax Amount $1,289.08 Change Rate +0.040117% Assessed CR Tax Rate +0.083996%
Year 2023 Assessed Value $14,018 Land Value $1,173 Improvement Value $12,845 Tax Amount $1,239.36 Change Rate +0.040063% Assessed CR Tax Rate +0.088412%
Year 2022 Assessed Value $13,298 Land Value $1,113 Improvement Value $12,185 Tax Amount $1,191.62 Change Rate +0.034285% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $12,800 Land Value $1,071 Improvement Value $11,729 Tax Amount $1,152.12 Change Rate +0.020207% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $12,820 Land Value $1,073 Improvement Value $11,747 Tax Amount $1,129.3 Change Rate -0.061529% Assessed CR Tax Rate +0.088089%
Year 2019 Assessed Value $12,775 Land Value $1,069 Improvement Value $11,706 Tax Amount $1,203.34 Change Rate Assessed CR Tax Rate +0.094195%
Year 2018 Assessed Value $14,242 Land Value $1,064 Improvement Value $13,178 Tax Amount $1,203.34 Change Rate +0.02113% Assessed CR Tax Rate +0.084492%
Year 2017 Assessed Value $14,058 Land Value $1,050 Improvement Value $13,008 Tax Amount $1,178.44 Change Rate +0.020047% Assessed CR Tax Rate +0.083827%
Year 2016 Assessed Value $13,853 Land Value $1,035 Improvement Value $12,818 Tax Amount $1,155.28 Change Rate +0.009737% Assessed CR Tax Rate +0.083396%
Year 2015 Assessed Value $13,688 Land Value $1,023 Improvement Value $12,665 Tax Amount $1,144.14 Change Rate +0.015245% Assessed CR Tax Rate +0.083587%
Year 2014 Assessed Value $13,599 Land Value $1,016 Improvement Value $12,583 Tax Amount $1,126.96 Change Rate +0.022835% Assessed CR Tax Rate +0.082871%
Year 2013 Assessed Value $13,599 Land Value $1,016 Improvement Value $12,583 Tax Amount $1,101.8 Change Rate Assessed CR Tax Rate +0.081021%