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1516 Dearborn Dr; Springfield, IL Property Details

1516 Dearborn Dr, Springfield, IL is a Single Family that was built in 2021. This property is currently Financed,New Construction and is not for sale. Our records show that 1516 Dearborn Dr has 2 bedrooms, and 2 bathrooms, and a total of 1,575 square feet. The lot size of 1516 Dearborn Dr is 6,534 square feet.

Off market
1516 Dearborn Dr Springfield, IL 62711
$281,500 Listing Price
2 Beds
2 Baths
1,575 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2021
  • Purchase Price: $281,500
  • Open Loans / Balance: 2 / $256,918
  • Est. Equity / %: $148,082 / 36.56%
  • Gross Yield: 12.204%
  • APN: 21-02.0-151-027
  • Situs County: Sangamon
  • Length Of Ownership: 4 years, 9 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2

Measurements

  • Total: 1,575/SqFt
  • Lot: 6,534/SqFt
  • Price Per Square Foot: $178.73

Legal Description

  • Description: N 44.76' LOT 97 OAK PARK ESTATES 6TH ADDN 2-15-6 (SURVEY 2021R20076 6492 SQF) (6492 SQ FT)
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: 39.779865 / -89.73851
  • Subdivision: Oak Park Estates Sixth Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 7441

Ownership Info

1516 Dearborn Dr has no associated ownership info
1516 Dearborn Dr has no associated ownership info.

Taxes

1516 Dearborn Dr has 10 associated Taxes items

1516 Dearborn Dr, 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 $123,846. The APN we've located for 1516 Dearborn Dr is 21-02.0-151-027.

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Taxes
  • Assessed Value:  $123,846
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  21-02.0-151-027
  • Assessed Land Value:  21918
  • Market Land Value:  65754
  • Tax Amount:  9400.7
  • Tax Year:  2025
  • Market Value:  371538
  • Market Year:  2025

Tax History

1516 Dearborn Dr has 4 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $123,846 Land Value $21,918 Improvement Value $101,928 Tax Amount $9,400.7 Change Rate +0.037419% Assessed CR Tax Rate +0.075906%
Year 2024 Assessed Value $115,506 Land Value $20,442 Improvement Value $95,064 Tax Amount $9,061.62 Change Rate +0.045734% Assessed CR Tax Rate +0.078452%
Year 2023 Assessed Value $105,504 Land Value $18,672 Improvement Value $86,832 Tax Amount $8,665.32 Change Rate +0.025741% Assessed CR Tax Rate +0.082133%
Year 2022 Assessed Value $95,708 Land Value $17,712 Improvement Value $77,996 Tax Amount $8,447.86 Change Rate Assessed CR Tax Rate +0.088267%