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1553 Reed Ave; Springfield, IL Property Details

1553 Reed Ave, Springfield, IL is a Single Family. This property is currently Financed and is not for sale. Our records show that 1553 Reed Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,070 square feet. The lot size of 1553 Reed Ave is 7,199 square feet.

Off market
1553 Reed Ave Springfield, IL 62704
$120,000 Listing Price
3 Beds
2 Baths
1,070 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $120,000
  • Open Loans / Balance: 2 / $109,787
  • Est. Equity / %: $59,213 / 35.04%
  • Gross Yield: 9.543%
  • APN: 22-08.0-132-031
  • Situs County: Sangamon
  • Length Of Ownership: 5 years, 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,070/SqFt
  • Lot: 7,199/SqFt
  • Price Per Square Foot: $112.15

Legal Description

  • Description: ALTA SITA GARDENS ADDN E 40' LOT 14
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: 39.767776 / -89.679344
  • Subdivision: Alta Sita Gardens Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 4865

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

1553 Reed Ave has no associated ownership info
1553 Reed Ave has no associated ownership info.

Taxes

1553 Reed Ave has 10 associated Taxes items

1553 Reed 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 $42,082. The APN we've located for 1553 Reed Ave is 22-08.0-132-031.

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Taxes
  • Assessed Value:  $42,082
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-08.0-132-031
  • Assessed Land Value:  7161
  • Market Land Value:  21483
  • Tax Amount:  3299.02
  • Tax Year:  2025
  • Market Value:  126246
  • Market Year:  2025

Tax History

1553 Reed Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $42,082 Land Value $7,161 Improvement Value $34,921 Tax Amount $3,299.02 Change Rate +0.030268% Assessed CR Tax Rate +0.078395%
Year 2024 Assessed Value $39,146 Land Value $6,661 Improvement Value $32,485 Tax Amount $3,202.1 Change Rate +0.019939% Assessed CR Tax Rate +0.081799%
Year 2023 Assessed Value $36,247 Land Value $6,168 Improvement Value $30,079 Tax Amount $3,139.5 Change Rate +0.04213% Assessed CR Tax Rate +0.086614%
Year 2022 Assessed Value $34,302 Land Value $5,837 Improvement Value $28,465 Tax Amount $3,012.58 Change Rate +0.368061% Assessed CR Tax Rate +0.087825%
Year 2021 Assessed Value $30,960 Land Value $5,608 Improvement Value $25,352 Tax Amount $2,202.08 Change Rate +0.038982% Assessed CR Tax Rate +0.071127%
Year 2020 Assessed Value $30,623 Land Value $5,547 Improvement Value $25,076 Tax Amount $2,119.46 Change Rate +0.079155% Assessed CR Tax Rate +0.069211%
Year 2019 Assessed Value $30,087 Land Value $5,450 Improvement Value $24,637 Tax Amount $1,964 Change Rate Assessed CR Tax Rate +0.065277%
Year 2018 Assessed Value $29,959 Land Value $5,427 Improvement Value $24,532 Tax Amount $1,964 Change Rate +0.028412% Assessed CR Tax Rate +0.065556%
Year 2017 Assessed Value $29,499 Land Value $5,344 Improvement Value $24,155 Tax Amount $1,909.74 Change Rate +0.038139% Assessed CR Tax Rate +0.064739%
Year 2016 Assessed Value $28,737 Land Value $5,206 Improvement Value $23,531 Tax Amount $1,839.58 Change Rate +0.025144% Assessed CR Tax Rate +0.064014%
Year 2015 Assessed Value $28,088 Land Value $5,088 Improvement Value $23,000 Tax Amount $1,794.46 Change Rate +0.019498% Assessed CR Tax Rate +0.063887%
Year 2014 Assessed Value $27,854 Land Value $5,046 Improvement Value $22,808 Tax Amount $1,760.14 Change Rate +0.012215% Assessed CR Tax Rate +0.063192%
Year 2013 Assessed Value $28,152 Land Value $5,100 Improvement Value $23,052 Tax Amount $1,738.9 Change Rate Assessed CR Tax Rate +0.061768%