Large Location Icon

1516 S Bates Ave; Springfield, IL Property Details

1516 S Bates Ave, Springfield, IL is a Single Family. This property is not for sale. The lot size of 1516 S Bates Ave is 9,694 square feet.

Off market  •   Pre Probate ✓
1516 S Bates Ave Springfield, IL 62704
$75,904 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $175,000
  • Est. Equity / %: $449,000 / 100%
  • Gross Yield: 5.661%
  • APN: 22-05.0-205-003
  • Situs County: Sangamon
  • Length Of Ownership: 21 years, 8 months

Measurements

  • Lot: 9,694/SqFt

Legal Description

  • Description: L 89 OAK KNOLLS
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: 39.78412 / -89.67739
  • Subdivision: Oak Knolls
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3348

Ownership Info

1516 S Bates Ave has no associated ownership info
1516 S Bates Ave has no associated ownership info.

Taxes

1516 S Bates Ave has 10 associated Taxes items

1516 S Bates 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 $75,904. The APN we've located for 1516 S Bates Ave is 22-05.0-205-003.

Unlock the full report
Taxes
  • Assessed Value:  $75,904
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-05.0-205-003
  • Assessed Land Value:  14334
  • Market Land Value:  43002
  • Tax Amount:  5659.72
  • Tax Year:  2025
  • Market Value:  227712
  • Market Year:  2025

Tax History

1516 S Bates Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $75,904 Land Value $14,334 Improvement Value $61,570 Tax Amount $5,659.72 Change Rate +0.03995% Assessed CR Tax Rate +0.074564%
Year 2024 Assessed Value $70,793 Land Value $13,369 Improvement Value $57,424 Tax Amount $5,442.3 Change Rate +0.049328% Assessed CR Tax Rate +0.076876%
Year 2023 Assessed Value $64,663 Land Value $12,211 Improvement Value $52,452 Tax Amount $5,186.46 Change Rate +0.045915% Assessed CR Tax Rate +0.080208%
Year 2022 Assessed Value $61,338 Land Value $11,583 Improvement Value $49,755 Tax Amount $4,958.78 Change Rate +0.038666% Assessed CR Tax Rate +0.080844%
Year 2021 Assessed Value $59,041 Land Value $11,149 Improvement Value $47,892 Tax Amount $4,774.18 Change Rate +0.020098% Assessed CR Tax Rate +0.080862%
Year 2020 Assessed Value $59,130 Land Value $11,166 Improvement Value $47,964 Tax Amount $4,680.12 Change Rate +0.052322% Assessed CR Tax Rate +0.07915%
Year 2019 Assessed Value $58,924 Land Value $11,127 Improvement Value $47,797 Tax Amount $4,447.42 Change Rate Assessed CR Tax Rate +0.075477%
Year 2018 Assessed Value $58,637 Land Value $11,073 Improvement Value $47,564 Tax Amount $4,447.42 Change Rate +0.022673% Assessed CR Tax Rate +0.075847%
Year 2017 Assessed Value $57,879 Land Value $10,930 Improvement Value $46,949 Tax Amount $4,348.82 Change Rate +0.02178% Assessed CR Tax Rate +0.075136%
Year 2016 Assessed Value $57,035 Land Value $10,771 Improvement Value $46,264 Tax Amount $4,256.12 Change Rate +0.011229% Assessed CR Tax Rate +0.074623%
Year 2015 Assessed Value $56,353 Land Value $10,642 Improvement Value $45,711 Tax Amount $4,208.86 Change Rate +0.015995% Assessed CR Tax Rate +0.074687%
Year 2014 Assessed Value $55,989 Land Value $10,573 Improvement Value $45,416 Tax Amount $4,142.6 Change Rate +0.022824% Assessed CR Tax Rate +0.07399%
Year 2013 Assessed Value $55,989 Land Value $10,573 Improvement Value $45,416 Tax Amount $4,050.16 Change Rate Assessed CR Tax Rate +0.072338%