Taxes
- Assessed Value: $43,997
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-08.0-177-006
- Assessed Land Value: 9548
- Market Land Value: 28644
- Tax Amount: 2586.8
- Tax Year: 2025
- Market Value: 131991
- Market Year: 2025
1516 W Vernon Ave; Springfield, IL Property Details
Off market
1516 W Vernon Ave Springfield, IL 62704
$43,997 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Trust
- Owner Status: Trust
- Purchase Price: $93,000
- Est. Equity / %: $167,000 / 100%
- Gross Yield: 9.636%
- APN: 22-08.0-177-006
- Situs County: Sangamon
- Length Of Ownership: 14 years
Measurements
- Lot: 11,550/SqFt
Legal Description
- Description: ALTA SITA GARDENS ADDN L 5 W 70' B 11
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: 39.766182 / -89.678825
- Subdivision: Alta Sita Gardens Add
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 4815
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
1516 W Vernon Ave has no associated ownership info
1516 W Vernon Ave has no associated ownership info.
Taxes
1516 W Vernon Ave has 10 associated Taxes items
1516 W Vernon 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 $43,997. The APN we've located for 1516 W Vernon Ave is 22-08.0-177-006.
Unlock the full reportTax History
1516 W Vernon Ave 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 $43,997 | Land Value $9,548 | Improvement Value $34,449 | Tax Amount $2,586.8 | Change Rate +0.056665% | Assessed CR | Tax Rate +0.058795% |
| Year 2024 | Assessed Value $40,928 | Land Value $8,882 | Improvement Value $32,046 | Tax Amount $2,448.08 | Change Rate +0.050868% | Assessed CR | Tax Rate +0.059814% |
| Year 2023 | Assessed Value $37,896 | Land Value $8,224 | Improvement Value $29,672 | Tax Amount $2,329.58 | Change Rate +0.066853% | Assessed CR | Tax Rate +0.061473% |
| Year 2022 | Assessed Value $35,863 | Land Value $7,783 | Improvement Value $28,080 | Tax Amount $2,183.6 | Change Rate +0.055144% | Assessed CR | Tax Rate +0.060887% |
| Year 2021 | Assessed Value $34,457 | Land Value $7,478 | Improvement Value $26,979 | Tax Amount $2,069.48 | Change Rate +0.041604% | Assessed CR | Tax Rate +0.06006% |
| Year 2020 | Assessed Value $34,082 | Land Value $7,397 | Improvement Value $26,685 | Tax Amount $1,986.82 | Change Rate +0.084793% | Assessed CR | Tax Rate +0.058295% |
| Year 2019 | Assessed Value $33,486 | Land Value $7,268 | Improvement Value $26,218 | Tax Amount $1,831.52 | Change Rate | Assessed CR | Tax Rate +0.054695% |
| Year 2018 | Assessed Value $33,343 | Land Value $7,237 | Improvement Value $26,106 | Tax Amount $1,831.52 | Change Rate +0.032319% | Assessed CR | Tax Rate +0.05493% |
| Year 2017 | Assessed Value $32,831 | Land Value $7,126 | Improvement Value $25,705 | Tax Amount $1,774.18 | Change Rate +0.045061% | Assessed CR | Tax Rate +0.05404% |
| Year 2016 | Assessed Value $31,983 | Land Value $6,942 | Improvement Value $25,041 | Tax Amount $1,697.68 | Change Rate +0.031385% | Assessed CR | Tax Rate +0.053081% |
| Year 2015 | Assessed Value $31,261 | Land Value $6,785 | Improvement Value $24,476 | Tax Amount $1,646.02 | Change Rate -0.182524% | Assessed CR | Tax Rate +0.052654% |
| Year 2014 | Assessed Value $31,000 | Land Value $6,728 | Improvement Value $24,272 | Tax Amount $2,013.54 | Change Rate -0.158662% | Assessed CR | Tax Rate +0.064953% |
| Year 2013 | Assessed Value $36,488 | Land Value $6,800 | Improvement Value $29,688 | Tax Amount $2,393.26 | Change Rate | Assessed CR | Tax Rate +0.06559% |