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1601 E Melrose St; Springfield, IL Property Details

1601 E Melrose St, Springfield, IL is a Single Family. This property is not for sale. The lot size of 1601 E Melrose St is 6,485 square feet.

Off market
1601 E Melrose St Springfield, IL 62703
$10,811 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $186,000
  • Est. Equity / %: $60,000 / 100%
  • Gross Yield: 26%
  • APN: 22-03.0-477-031
  • Situs County: Sangamon
  • Length Of Ownership: 8 years, 8 months

Measurements

  • Lot: 6,485/SqFt

Legal Description

  • Description: LINCOLN HEIGHTS L 179&180
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: 39.77528 / -89.6334
  • Subdivision: Furniture Factory Park Addition
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3740

Ownership Info

1601 E Melrose St has no associated ownership info
1601 E Melrose St has no associated ownership info.

Taxes

1601 E Melrose St has 10 associated Taxes items

1601 E Melrose St, 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 $10,811. The APN we've located for 1601 E Melrose St is 22-03.0-477-031.

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Taxes
  • Assessed Value:  $10,811
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-03.0-477-031
  • Assessed Land Value:  1816
  • Market Land Value:  5448
  • Tax Amount:  875.3
  • Tax Year:  2025
  • Market Value:  32433
  • Market Year:  2025

Tax History

1601 E Melrose St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $10,811 Land Value $1,816 Improvement Value $8,995 Tax Amount $875.3 Change Rate +0.03351% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $10,083 Land Value $1,694 Improvement Value $8,389 Tax Amount $846.92 Change Rate +0.040084% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $9,210 Land Value $1,547 Improvement Value $7,663 Tax Amount $814.28 Change Rate +0.040188% Assessed CR Tax Rate +0.088413%
Year 2022 Assessed Value $8,736 Land Value $1,467 Improvement Value $7,269 Tax Amount $782.82 Change Rate +0.034245% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $8,409 Land Value $1,412 Improvement Value $6,997 Tax Amount $756.9 Change Rate +0.020246% Assessed CR Tax Rate +0.090011%
Year 2020 Assessed Value $8,422 Land Value $1,414 Improvement Value $7,008 Tax Amount $741.88 Change Rate +0.213928% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $8,393 Land Value $1,409 Improvement Value $6,984 Tax Amount $611.14 Change Rate Assessed CR Tax Rate +0.072815%
Year 2018 Assessed Value $7,233 Land Value $1,402 Improvement Value $5,831 Tax Amount $611.14 Change Rate +0.021085% Assessed CR Tax Rate +0.084493%
Year 2017 Assessed Value $7,140 Land Value $1,384 Improvement Value $5,756 Tax Amount $598.52 Change Rate +0.020007% Assessed CR Tax Rate +0.083826%
Year 2016 Assessed Value $7,036 Land Value $1,364 Improvement Value $5,672 Tax Amount $586.78 Change Rate +0.009775% Assessed CR Tax Rate +0.083397%
Year 2015 Assessed Value $6,952 Land Value $1,348 Improvement Value $5,604 Tax Amount $581.1 Change Rate -0.02175% Assessed CR Tax Rate +0.083587%
Year 2014 Assessed Value $6,907 Land Value $1,339 Improvement Value $5,568 Tax Amount $594.02 Change Rate +0.022832% Assessed CR Tax Rate +0.086003%
Year 2013 Assessed Value $7,168 Land Value $1,338 Improvement Value $5,830 Tax Amount $580.76 Change Rate Assessed CR Tax Rate +0.081021%