Taxes
- Assessed Value: $8,086
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-03.0-479-009
- Assessed Land Value: 1483
- Market Land Value: 4449
- Tax Amount: 654.68
- Tax Year: 2025
- Market Value: 24258
- Market Year: 2025
1516 E Melrose St; Springfield, IL Property Details
Off market
1516 E Melrose St Springfield, IL 62703
$8,086 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $17,500
- Est. Equity / %: $54,000 / 100%
- Gross Yield: 28.889%
- APN: 22-03.0-479-009
- Situs County: Sangamon
- Length Of Ownership: 3 months
Measurements
- Lot: 3,357/SqFt
Legal Description
- Description: LINCOLN HEIGHTS W 72' L 206
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: 39.77495 / -89.63443
- Subdivision: Lincoln Heights
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 3739
Ownership Info
1516 E Melrose St has no associated ownership info
1516 E Melrose St has no associated ownership info.
Taxes
1516 E Melrose St has 10 associated Taxes items
1516 E Melrose St, 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 $8,086. The APN we've located for 1516 E Melrose St is 22-03.0-479-009.
Unlock the full reportTax History
1516 E Melrose St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $8,086 | Land Value $1,483 | Improvement Value $6,603 | Tax Amount $654.68 | Change Rate +0.033564% | Assessed CR | Tax Rate +0.080965% |
| Year 2024 | Assessed Value $7,541 | Land Value $1,383 | Improvement Value $6,158 | Tax Amount $633.42 | Change Rate +0.040133% | Assessed CR | Tax Rate +0.083997% |
| Year 2023 | Assessed Value $6,888 | Land Value $1,263 | Improvement Value $5,625 | Tax Amount $608.98 | Change Rate +0.040067% | Assessed CR | Tax Rate +0.088412% |
| Year 2022 | Assessed Value $6,534 | Land Value $1,198 | Improvement Value $5,336 | Tax Amount $585.52 | Change Rate +0.034341% | Assessed CR | Tax Rate +0.089611% |
| Year 2021 | Assessed Value $6,289 | Land Value $1,153 | Improvement Value $5,136 | Tax Amount $566.08 | Change Rate +0.020185% | Assessed CR | Tax Rate +0.090011% |
| Year 2020 | Assessed Value $6,299 | Land Value $1,155 | Improvement Value $5,144 | Tax Amount $554.88 | Change Rate -0.050286% | Assessed CR | Tax Rate +0.08809% |
| Year 2019 | Assessed Value $6,277 | Land Value $1,151 | Improvement Value $5,126 | Tax Amount $584.26 | Change Rate | Assessed CR | Tax Rate +0.093079% |
| Year 2018 | Assessed Value $6,915 | Land Value $1,144 | Improvement Value $5,771 | Tax Amount $584.26 | Change Rate +0.021219% | Assessed CR | Tax Rate +0.084492% |
| Year 2017 | Assessed Value $6,825 | Land Value $1,129 | Improvement Value $5,696 | Tax Amount $572.12 | Change Rate +0.019967% | Assessed CR | Tax Rate +0.083827% |
| Year 2016 | Assessed Value $6,726 | Land Value $1,113 | Improvement Value $5,613 | Tax Amount $560.92 | Change Rate +0.009721% | Assessed CR | Tax Rate +0.083396% |
| Year 2015 | Assessed Value $6,646 | Land Value $1,100 | Improvement Value $5,546 | Tax Amount $555.52 | Change Rate -0.013461% | Assessed CR | Tax Rate +0.083587% |
| Year 2014 | Assessed Value $6,603 | Land Value $1,093 | Improvement Value $5,510 | Tax Amount $563.1 | Change Rate +0.022814% | Assessed CR | Tax Rate +0.085279% |
| Year 2013 | Assessed Value $6,795 | Land Value $1,092 | Improvement Value $5,703 | Tax Amount $550.54 | Change Rate | Assessed CR | Tax Rate +0.081021% |