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1561 Reed Ave; Springfield, IL Property Details

1561 Reed Ave, Springfield, IL is a Single Family. This property is not for sale. Our records show that 1561 Reed Ave has 3 bedrooms, and 2 bathrooms, and a total of 2,160 square feet. The lot size of 1561 Reed Ave is 9,000 square feet.

Off market
1561 Reed Ave Springfield, IL 62704
$123,000 Listing Price
3 Beds
2 Baths
2,160 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $123,000
  • Open Loans / Balance: 4 / $26,577
  • Est. Equity / %: $162,423 / 85.94%
  • Gross Yield: 9.721%
  • APN: 22-08.0-132-016
  • Situs County: Sangamon
  • Length Of Ownership: 10 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 2,160/SqFt
  • Lot: 9,000/SqFt
  • Price Per Square Foot: $56.94

Legal Description

  • Description: ALTA SITA GARDENS ADDN W 50' L 13 B 7 50'X180'
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: 39.76781 / -89.679756
  • 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

1561 Reed Ave has no associated ownership info
1561 Reed Ave has no associated ownership info.

Taxes

1561 Reed Ave has 10 associated Taxes items

1561 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 $53,365. The APN we've located for 1561 Reed Ave is 22-08.0-132-016.

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Taxes
  • Assessed Value:  $53,365
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-08.0-132-016
  • Assessed Land Value:  7161
  • Market Land Value:  21483
  • Tax Amount:  3713.18
  • Tax Year:  2025
  • Market Value:  160095
  • Market Year:  2025

Tax History

1561 Reed Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $53,365 Land Value $7,161 Improvement Value $46,204 Tax Amount $3,713.18 Change Rate +0.040165% Assessed CR Tax Rate +0.069581%
Year 2024 Assessed Value $49,641 Land Value $6,661 Improvement Value $42,980 Tax Amount $3,569.8 Change Rate +0.031305% Assessed CR Tax Rate +0.071912%
Year 2023 Assessed Value $45,964 Land Value $6,168 Improvement Value $39,796 Tax Amount $3,461.44 Change Rate +0.051068% Assessed CR Tax Rate +0.075308%
Year 2022 Assessed Value $43,498 Land Value $5,837 Improvement Value $37,661 Tax Amount $3,293.26 Change Rate +0.042897% Assessed CR Tax Rate +0.075711%
Year 2021 Assessed Value $41,793 Land Value $5,608 Improvement Value $36,185 Tax Amount $3,157.8 Change Rate +0.038149% Assessed CR Tax Rate +0.075558%
Year 2020 Assessed Value $41,338 Land Value $5,547 Improvement Value $35,791 Tax Amount $3,041.76 Change Rate +0.0774% Assessed CR Tax Rate +0.073583%
Year 2019 Assessed Value $40,615 Land Value $5,450 Improvement Value $35,165 Tax Amount $2,823.24 Change Rate Assessed CR Tax Rate +0.069512%
Year 2018 Assessed Value $40,441 Land Value $5,427 Improvement Value $35,014 Tax Amount $2,823.24 Change Rate -0.12759% Assessed CR Tax Rate +0.069811%
Year 2017 Assessed Value $39,820 Land Value $5,344 Improvement Value $34,476 Tax Amount $3,236.14 Change Rate +0.031097% Assessed CR Tax Rate +0.081269%
Year 2016 Assessed Value $38,792 Land Value $5,206 Improvement Value $33,586 Tax Amount $3,138.54 Change Rate +0.018894% Assessed CR Tax Rate +0.080907%
Year 2015 Assessed Value $37,916 Land Value $5,088 Improvement Value $32,828 Tax Amount $3,080.34 Change Rate +0.017144% Assessed CR Tax Rate +0.081241%
Year 2014 Assessed Value $37,601 Land Value $5,046 Improvement Value $32,555 Tax Amount $3,028.42 Change Rate +0.015145% Assessed CR Tax Rate +0.080541%
Year 2013 Assessed Value $38,004 Land Value $5,100 Improvement Value $32,904 Tax Amount $2,983.24 Change Rate Assessed CR Tax Rate +0.078498%