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1560 Reed Ave; Springfield, IL Property Details

1560 Reed Ave, Springfield, IL is a Single Family. This property is currently Financed and is not for sale. Our records show that 1560 Reed Ave has 2 bedrooms, and 2 bathrooms, and a total of 1,316 square feet. The lot size of 1560 Reed Ave is 7,390 square feet.

Off market
1560 Reed Ave Springfield, IL 62704
$118,000 Listing Price
2 Beds
2 Baths
1,316 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $118,000
  • Open Loans / Balance: 1 / $110,249
  • Est. Equity / %: $49,751 / 31.09%
  • Gross Yield: 8.363%
  • APN: 22-08.0-176-004
  • Situs County: Sangamon
  • Length Of Ownership: 3 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2

Measurements

  • Total: 1,316/SqFt
  • Lot: 7,390/SqFt
  • Price Per Square Foot: $89.67

Legal Description

  • Description: ALTA SITA GARDENS ADDN E 40'X184.76' L 8 B 8
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: 39.76736 / -89.67963
  • Subdivision: Alta Sita Gardens Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 4866

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

1560 Reed Ave has no associated ownership info
1560 Reed Ave has no associated ownership info.

Taxes

1560 Reed Ave has 10 associated Taxes items

1560 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 $35,805. The APN we've located for 1560 Reed Ave is 22-08.0-176-004.

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Taxes
  • Assessed Value:  $35,805
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-08.0-176-004
  • Assessed Land Value:  7161
  • Market Land Value:  21483
  • Tax Amount:  2336.56
  • Tax Year:  2025
  • Market Value:  107415
  • Market Year:  2025

Tax History

1560 Reed Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $35,805 Land Value $7,161 Improvement Value $28,644 Tax Amount $2,336.56 Change Rate +0.046049% Assessed CR Tax Rate +0.065258%
Year 2024 Assessed Value $33,307 Land Value $6,661 Improvement Value $26,646 Tax Amount $2,233.7 Change Rate -0.072838% Assessed CR Tax Rate +0.067064%
Year 2023 Assessed Value $30,840 Land Value $6,168 Improvement Value $24,672 Tax Amount $2,409.18 Change Rate +0.056602% Assessed CR Tax Rate +0.078119%
Year 2022 Assessed Value $25,962 Land Value $5,837 Improvement Value $20,125 Tax Amount $2,280.12 Change Rate +0.036107% Assessed CR Tax Rate +0.087825%
Year 2021 Assessed Value $24,944 Land Value $5,608 Improvement Value $19,336 Tax Amount $2,200.66 Change Rate +0.036209% Assessed CR Tax Rate +0.088224%
Year 2020 Assessed Value $24,673 Land Value $5,547 Improvement Value $19,126 Tax Amount $2,123.76 Change Rate +0.073278% Assessed CR Tax Rate +0.086076%
Year 2019 Assessed Value $24,242 Land Value $5,450 Improvement Value $18,792 Tax Amount $1,978.76 Change Rate Assessed CR Tax Rate +0.081625%
Year 2018 Assessed Value $24,139 Land Value $5,427 Improvement Value $18,712 Tax Amount $1,978.76 Change Rate +0.024373% Assessed CR Tax Rate +0.081974%
Year 2017 Assessed Value $23,769 Land Value $5,344 Improvement Value $18,425 Tax Amount $1,931.68 Change Rate +0.031109% Assessed CR Tax Rate +0.081269%
Year 2016 Assessed Value $23,155 Land Value $5,206 Improvement Value $17,949 Tax Amount $1,873.4 Change Rate +0.018894% Assessed CR Tax Rate +0.080907%
Year 2015 Assessed Value $22,632 Land Value $5,088 Improvement Value $17,544 Tax Amount $1,838.66 Change Rate +0.017149% Assessed CR Tax Rate +0.081242%
Year 2014 Assessed Value $22,444 Land Value $5,046 Improvement Value $17,398 Tax Amount $1,807.66 Change Rate +0.015163% Assessed CR Tax Rate +0.080541%
Year 2013 Assessed Value $22,684 Land Value $5,100 Improvement Value $17,584 Tax Amount $1,780.66 Change Rate Assessed CR Tax Rate +0.078499%