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1609 E Melrose St; Springfield, IL Property Details

1609 E Melrose St, Springfield, IL is a Single Family that was built in 1957. This property is for sale. Our records show that 1609 E Melrose St has 2 bedrooms, and a total of 600 square feet. The lot size of 1609 E Melrose St is 3,242 square feet.

On Market for 694 days
1609 E Melrose St Springfield, IL 62703
$25,000 Listing Price
2 Beds
600 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1957
  • Purchase Price: $7,500
  • Est. Equity / %: $58,000 / 100%
  • Gross Yield: 62.4%
  • APN: 22-03.0-477-034
  • Situs County: Sangamon
  • Length Of Ownership: 17 years, 3 months

Rooms

  • Bedrooms: 2

Measurements

  • Total: 600/SqFt
  • Lot: 3,242/SqFt
  • Price Per Square Foot: $12.50

Legal Description

  • Description: LINCOLN HEIGHTS L 176
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: 39.775288 / -89.63309
  • Subdivision: Lincoln Heights
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3740

Ownership Info

1609 E Melrose St has no associated ownership info
1609 E Melrose St has no associated ownership info.

Taxes

1609 E Melrose St has 10 associated Taxes items

1609 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 $8,892. The APN we've located for 1609 E Melrose St is 22-03.0-477-034.

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Taxes
  • Assessed Value:  $8,892
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-03.0-477-034
  • Assessed Land Value:  906
  • Market Land Value:  2718
  • Tax Amount:  719.94
  • Tax Year:  2025
  • Market Value:  26676
  • Market Year:  2025

Tax History

1609 E Melrose St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $8,892 Land Value $906 Improvement Value $7,986 Tax Amount $719.94 Change Rate +0.033535% Assessed CR Tax Rate +0.080965%
Year 2024 Assessed Value $8,293 Land Value $845 Improvement Value $7,448 Tax Amount $696.58 Change Rate +0.040106% Assessed CR Tax Rate +0.083996%
Year 2023 Assessed Value $7,575 Land Value $772 Improvement Value $6,803 Tax Amount $669.72 Change Rate +0.040196% Assessed CR Tax Rate +0.088412%
Year 2022 Assessed Value $7,185 Land Value $732 Improvement Value $6,453 Tax Amount $643.84 Change Rate +0.034281% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $6,916 Land Value $705 Improvement Value $6,211 Tax Amount $622.5 Change Rate +0.020325% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $6,926 Land Value $706 Improvement Value $6,220 Tax Amount $610.1 Change Rate -0.059446% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $6,902 Land Value $704 Improvement Value $6,198 Tax Amount $648.66 Change Rate Assessed CR Tax Rate +0.093981%
Year 2018 Assessed Value $7,677 Land Value $700 Improvement Value $6,977 Tax Amount $648.66 Change Rate +0.873116% Assessed CR Tax Rate +0.084494%
Year 2017 Assessed Value $7,578 Land Value $691 Improvement Value $6,887 Tax Amount $346.3 Change Rate +0.005167% Assessed CR Tax Rate +0.045698%
Year 2016 Assessed Value $7,468 Land Value $681 Improvement Value $6,787 Tax Amount $344.52 Change Rate -0.002259% Assessed CR Tax Rate +0.046133%
Year 2015 Assessed Value $7,379 Land Value $673 Improvement Value $6,706 Tax Amount $345.3 Change Rate +0.008646% Assessed CR Tax Rate +0.046795%
Year 2014 Assessed Value $7,332 Land Value $669 Improvement Value $6,663 Tax Amount $342.34 Change Rate -0.441315% Assessed CR Tax Rate +0.046691%
Year 2013 Assessed Value $7,563 Land Value $668 Improvement Value $6,895 Tax Amount $612.76 Change Rate Assessed CR Tax Rate +0.081021%