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1501 W Vernon Ave; Springfield, IL Property Details

1501 W Vernon Ave, Springfield, IL is a Single Family that was built in 1973. This property is not for sale. Our records show that 1501 W Vernon Ave has 1 bedroom, and a total of 655 square feet. The lot size of 1501 W Vernon Ave is 7,390 square feet.

Off market
1501 W Vernon Ave Springfield, IL 62704
$54,900 Listing Price
1 Beds
655 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1973
  • Purchase Price: $40,000
  • Est. Equity / %: $119,000 / 100%
  • Gross Yield: 7.261%
  • APN: 22-08.0-176-025
  • Situs County: Sangamon
  • Length Of Ownership: 25 years, 5 months

Rooms

  • Bedrooms: 1

Measurements

  • Total: 655/SqFt
  • Lot: 7,390/SqFt
  • Price Per Square Foot: $61.07

Legal Description

  • Description: ALTA SITA GARDENS ADDN E 40' L 20 B 8
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: 39.766674 / -89.67765
  • Subdivision: Alta Sita Gardens Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 4814

HOA

  • H O A One: $100
  • H O A Amount: $100
  • H O A One Frequency: Monthly
  • H O A One Type: Home Owner Association

Ownership Info

1501 W Vernon Ave has no associated ownership info
1501 W Vernon Ave has no associated ownership info.

Taxes

1501 W Vernon Ave has 10 associated Taxes items

1501 W Vernon 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 $23,440. The APN we've located for 1501 W Vernon Ave is 22-08.0-176-025.

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Taxes
  • Assessed Value:  $23,440
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-08.0-176-025
  • Assessed Land Value:  7161
  • Market Land Value:  21483
  • Tax Amount:  1837.58
  • Tax Year:  2025
  • Market Value:  70320
  • Market Year:  2025

Tax History

1501 W Vernon Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $23,440 Land Value $7,161 Improvement Value $16,279 Tax Amount $1,837.58 Change Rate +0.030288% Assessed CR Tax Rate +0.078395%
Year 2024 Assessed Value $21,804 Land Value $6,661 Improvement Value $15,143 Tax Amount $1,783.56 Change Rate +0.019958% Assessed CR Tax Rate +0.0818%
Year 2023 Assessed Value $20,189 Land Value $6,168 Improvement Value $14,021 Tax Amount $1,748.66 Change Rate +0.042122% Assessed CR Tax Rate +0.086614%
Year 2022 Assessed Value $19,106 Land Value $5,837 Improvement Value $13,269 Tax Amount $1,677.98 Change Rate +0.036084% Assessed CR Tax Rate +0.087825%
Year 2021 Assessed Value $18,357 Land Value $5,608 Improvement Value $12,749 Tax Amount $1,619.54 Change Rate +0.036254% Assessed CR Tax Rate +0.088225%
Year 2020 Assessed Value $18,157 Land Value $5,547 Improvement Value $12,610 Tax Amount $1,562.88 Change Rate +0.073333% Assessed CR Tax Rate +0.086076%
Year 2019 Assessed Value $17,839 Land Value $5,450 Improvement Value $12,389 Tax Amount $1,456.1 Change Rate Assessed CR Tax Rate +0.081625%
Year 2018 Assessed Value $17,763 Land Value $5,427 Improvement Value $12,336 Tax Amount $1,456.1 Change Rate +0.024355% Assessed CR Tax Rate +0.081974%
Year 2017 Assessed Value $17,491 Land Value $5,344 Improvement Value $12,147 Tax Amount $1,421.48 Change Rate +0.031119% Assessed CR Tax Rate +0.081269%
Year 2016 Assessed Value $17,039 Land Value $5,206 Improvement Value $11,833 Tax Amount $1,378.58 Change Rate +0.018906% Assessed CR Tax Rate +0.080907%
Year 2015 Assessed Value $16,654 Land Value $5,088 Improvement Value $11,566 Tax Amount $1,353 Change Rate +0.017125% Assessed CR Tax Rate +0.081242%
Year 2014 Assessed Value $16,516 Land Value $5,046 Improvement Value $11,470 Tax Amount $1,330.22 Change Rate +0.015141% Assessed CR Tax Rate +0.080541%
Year 2013 Assessed Value $16,693 Land Value $5,100 Improvement Value $11,593 Tax Amount $1,310.38 Change Rate Assessed CR Tax Rate +0.078499%