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1508 Reed Ave; Springfield, IL Property Details

1508 Reed Ave, Springfield, IL is a Single Family. This property is currently Financed and is not for sale. The lot size of 1508 Reed Ave is 14,781 square feet.

Off market
1508 Reed Ave Springfield, IL 62704
$46,582 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $119,900
  • Open Loans / Balance: 1 / $93,134
  • Est. Equity / %: $80,866 / 46.47%
  • Gross Yield: 9.152%
  • APN: 22-08.0-176-010
  • Situs County: Sangamon
  • Length Of Ownership: 7 years, 7 months

Measurements

  • Lot: 14,781/SqFt

Legal Description

  • Description: ALTA SITA GARDENS ADDN L 2 80'X184.76 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: 39.767326 / -89.67794
  • Subdivision: Alta Sita Gardens Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 4866

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

1508 Reed Ave has no associated ownership info
1508 Reed Ave has no associated ownership info.

Taxes

1508 Reed Ave has 10 associated Taxes items

1508 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 $46,582. The APN we've located for 1508 Reed Ave is 22-08.0-176-010.

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Taxes
  • Assessed Value:  $46,582
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-08.0-176-010
  • Assessed Land Value:  11936
  • Market Land Value:  35808
  • Tax Amount:  3651.8
  • Tax Year:  2025
  • Market Value:  139746
  • Market Year:  2025

Tax History

1508 Reed Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $46,582 Land Value $11,936 Improvement Value $34,646 Tax Amount $3,651.8 Change Rate +0.030266% Assessed CR Tax Rate +0.078395%
Year 2024 Assessed Value $43,332 Land Value $11,103 Improvement Value $32,229 Tax Amount $3,544.52 Change Rate +0.019941% Assessed CR Tax Rate +0.081799%
Year 2023 Assessed Value $40,123 Land Value $10,281 Improvement Value $29,842 Tax Amount $3,475.22 Change Rate +0.042132% Assessed CR Tax Rate +0.086614%
Year 2022 Assessed Value $37,970 Land Value $9,729 Improvement Value $28,241 Tax Amount $3,334.72 Change Rate +0.036078% Assessed CR Tax Rate +0.087825%
Year 2021 Assessed Value $36,482 Land Value $9,348 Improvement Value $27,134 Tax Amount $3,218.6 Change Rate +0.036232% Assessed CR Tax Rate +0.088224%
Year 2020 Assessed Value $36,085 Land Value $9,246 Improvement Value $26,839 Tax Amount $3,106.06 Change Rate +0.073343% Assessed CR Tax Rate +0.086076%
Year 2019 Assessed Value $35,454 Land Value $9,084 Improvement Value $26,370 Tax Amount $2,893.82 Change Rate Assessed CR Tax Rate +0.081622%
Year 2018 Assessed Value $35,302 Land Value $9,045 Improvement Value $26,257 Tax Amount $2,893.82 Change Rate +0.02439% Assessed CR Tax Rate +0.081973%
Year 2017 Assessed Value $34,760 Land Value $8,906 Improvement Value $25,854 Tax Amount $2,824.92 Change Rate +0.031083% Assessed CR Tax Rate +0.081269%
Year 2016 Assessed Value $33,863 Land Value $8,676 Improvement Value $25,187 Tax Amount $2,739.76 Change Rate +0.244508% Assessed CR Tax Rate +0.080907%
Year 2015 Assessed Value $33,098 Land Value $8,480 Improvement Value $24,618 Tax Amount $2,201.48 Change Rate +0.019072% Assessed CR Tax Rate +0.066514%
Year 2014 Assessed Value $32,822 Land Value $8,409 Improvement Value $24,413 Tax Amount $2,160.28 Change Rate +0.012742% Assessed CR Tax Rate +0.065818%
Year 2013 Assessed Value $33,174 Land Value $8,499 Improvement Value $24,675 Tax Amount $2,133.1 Change Rate Assessed CR Tax Rate +0.0643%