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1516 Fairfield Dr; Springfield, IL Property Details

1516 Fairfield Dr, Springfield, IL is a Single Family that was built in 1967. This property is currently Financed and is not for sale. Our records show that 1516 Fairfield Dr has 3 bedrooms, and 1 bathroom, and a total of 968 square feet. The lot size of 1516 Fairfield Dr is 6,031 square feet.

Off market
1516 Fairfield Dr Springfield, IL 62702
$107,900 Listing Price
3 Beds
1 Baths
968 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1967
  • Purchase Price: $107,900
  • Open Loans / Balance: 1 / $101,233
  • Est. Equity / %: $14,767 / 12.73%
  • Gross Yield: 12.176%
  • APN: 14-23.0-302-013
  • Situs County: Sangamon
  • Length Of Ownership: 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1

Measurements

  • Total: 968/SqFt
  • Lot: 6,031/SqFt
  • Price Per Square Foot: $111.47

Legal Description

  • Description: FAIRVIEW PARK 3RD ADDN L 131 EX N 1'
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: 39.822205 / -89.63373
  • Subdivision: Fairview Park 3rd Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 2917

Ownership Info

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

Taxes

1516 Fairfield Dr has 10 associated Taxes items

1516 Fairfield 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 $28,278. The APN we've located for 1516 Fairfield Dr is 14-23.0-302-013.

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Taxes
  • Assessed Value:  $28,278
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-23.0-302-013
  • Assessed Land Value:  5780
  • Market Land Value:  17340
  • Tax Amount:  2289.5
  • Tax Year:  2025
  • Market Value:  84834
  • Market Year:  2025

Tax History

1516 Fairfield Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $28,278 Land Value $5,780 Improvement Value $22,498 Tax Amount $2,289.5 Change Rate +0.033504% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $26,374 Land Value $5,391 Improvement Value $20,983 Tax Amount $2,215.28 Change Rate +0.040125% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $24,090 Land Value $4,924 Improvement Value $19,166 Tax Amount $2,129.82 Change Rate +0.040083% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $22,852 Land Value $4,671 Improvement Value $18,181 Tax Amount $2,047.74 Change Rate +0.034296% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $21,996 Land Value $4,496 Improvement Value $17,500 Tax Amount $1,979.84 Change Rate +0.024974% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $21,928 Land Value $4,503 Improvement Value $17,425 Tax Amount $1,931.6 Change Rate +0.553607% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $25,342 Land Value $4,487 Improvement Value $20,855 Tax Amount $1,243.3 Change Rate Assessed CR Tax Rate +0.049061%
Year 2018 Assessed Value $25,715 Land Value $4,466 Improvement Value $21,249 Tax Amount $1,243.3 Change Rate +0.031271% Assessed CR Tax Rate +0.048349%
Year 2017 Assessed Value $25,382 Land Value $4,408 Improvement Value $20,974 Tax Amount $1,205.6 Change Rate +0.5296% Assessed CR Tax Rate +0.047498%
Year 2016 Assessed Value $25,012 Land Value $4,344 Improvement Value $20,668 Tax Amount $788.18 Change Rate -0.002279% Assessed CR Tax Rate +0.031512%
Year 2015 Assessed Value $24,713 Land Value $4,292 Improvement Value $20,421 Tax Amount $789.98 Change Rate +0.008657% Assessed CR Tax Rate +0.031966%
Year 2014 Assessed Value $24,553 Land Value $4,264 Improvement Value $20,289 Tax Amount $783.2 Change Rate +0.022801% Assessed CR Tax Rate +0.031898%
Year 2013 Assessed Value $24,726 Land Value $4,263 Improvement Value $20,463 Tax Amount $765.74 Change Rate Assessed CR Tax Rate +0.030969%