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1505 Reed Ave; Springfield, IL Property Details

1505 Reed Ave, Springfield, IL is a Single Family. This property is not for sale. The lot size of 1505 Reed Ave is 14,400 square feet.

Off market
1505 Reed Ave Springfield, IL 62704
$25,225 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $117,000 / 100%
  • Gross Yield: 8.031%
  • APN: 22-08.0-132-026
  • Situs County: Sangamon
  • Length Of Ownership: 16 years, 6 months

Measurements

  • Lot: 14,400/SqFt

Legal Description

  • Description: ALTA SITA GARDENS ADDN L 19 80'X180' 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: 39.76794 / -89.678
  • Subdivision: Alta Sita Gardens Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 4865

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

1505 Reed Ave has no associated ownership info
1505 Reed Ave has no associated ownership info.

Taxes

1505 Reed Ave has 10 associated Taxes items

1505 Reed 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 $25,225. The APN we've located for 1505 Reed Ave is 22-08.0-132-026.

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Taxes
  • Assessed Value:  $25,225
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-08.0-132-026
  • Assessed Land Value:  11936
  • Market Land Value:  35808
  • Tax Amount:  1115.18
  • Tax Year:  2025
  • Market Value:  75675
  • Market Year:  2025

Tax History

1505 Reed Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $25,225 Land Value $11,936 Improvement Value $13,289 Tax Amount $1,115.18 Change Rate -0.197724% Assessed CR Tax Rate +0.044209%
Year 2024 Assessed Value $27,993 Land Value $11,103 Improvement Value $16,890 Tax Amount $1,390.02 Change Rate +0.186226% Assessed CR Tax Rate +0.049656%
Year 2023 Assessed Value $25,920 Land Value $10,281 Improvement Value $15,639 Tax Amount $1,171.8 Change Rate -0.27992% Assessed CR Tax Rate +0.045208%
Year 2022 Assessed Value $24,529 Land Value $9,729 Improvement Value $14,800 Tax Amount $1,627.32 Change Rate +0.049938% Assessed CR Tax Rate +0.066343%
Year 2021 Assessed Value $23,568 Land Value $9,348 Improvement Value $14,220 Tax Amount $1,549.92 Change Rate +0.040173% Assessed CR Tax Rate +0.065764%
Year 2020 Assessed Value $23,311 Land Value $9,246 Improvement Value $14,065 Tax Amount $1,490.06 Change Rate -0.207094% Assessed CR Tax Rate +0.063921%
Year 2019 Assessed Value $29,049 Land Value $9,084 Improvement Value $19,965 Tax Amount $1,879.24 Change Rate Assessed CR Tax Rate +0.064692%
Year 2018 Assessed Value $28,925 Land Value $9,045 Improvement Value $19,880 Tax Amount $1,879.24 Change Rate +0.028582% Assessed CR Tax Rate +0.064969%
Year 2017 Assessed Value $28,481 Land Value $8,906 Improvement Value $19,575 Tax Amount $1,827.02 Change Rate +0.038434% Assessed CR Tax Rate +0.064149%
Year 2016 Assessed Value $27,746 Land Value $8,676 Improvement Value $19,070 Tax Amount $1,759.4 Change Rate +0.025447% Assessed CR Tax Rate +0.063411%
Year 2015 Assessed Value $27,119 Land Value $8,480 Improvement Value $18,639 Tax Amount $1,715.74 Change Rate +0.019611% Assessed CR Tax Rate +0.063267%
Year 2014 Assessed Value $26,893 Land Value $8,409 Improvement Value $18,484 Tax Amount $1,682.74 Change Rate +0.012065% Assessed CR Tax Rate +0.062572%
Year 2013 Assessed Value $27,181 Land Value $8,499 Improvement Value $18,682 Tax Amount $1,662.68 Change Rate Assessed CR Tax Rate +0.061171%