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2516 Cherry Rd; Springfield, IL Property Details

2516 Cherry Rd, Springfield, IL is a Single Family. This property is not for sale. The lot size of 2516 Cherry Rd is 11,183 square feet.

Off market
2516 Cherry Rd Springfield, IL 62704
$130,000 Listing Price
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $129,900
  • Open Loans / Balance: 2 / $125,909
  • Est. Equity / %: $105,091 / 45.49%
  • Gross Yield: 10.416%
  • APN: 22-06.0-305-008
  • Situs County: Sangamon
  • Length Of Ownership: 12 years, 3 months

Measurements

  • Lot: 11,183/SqFt

Legal Description

  • Description: COLONY WEST ESTATES 2ND ADDN LOT 48
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: 39.777027 / -89.7032
  • Subdivision: Colony West Estates
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3132

HOA

  • H O A One Type: Home Owner Association

Ownership Info

2516 Cherry Rd has no associated ownership info
2516 Cherry Rd has no associated ownership info.

Taxes

2516 Cherry Rd has 10 associated Taxes items

2516 Cherry Rd, 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 $61,239. The APN we've located for 2516 Cherry Rd is 22-06.0-305-008.

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Taxes
  • Assessed Value:  $61,239
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-06.0-305-008
  • Assessed Land Value:  11933
  • Market Land Value:  35799
  • Tax Amount:  4472.38
  • Tax Year:  2025
  • Market Value:  183717
  • Market Year:  2025

Tax History

2516 Cherry Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $61,239 Land Value $11,933 Improvement Value $49,306 Tax Amount $4,472.38 Change Rate +0.041687% Assessed CR Tax Rate +0.073032%
Year 2024 Assessed Value $57,115 Land Value $11,129 Improvement Value $45,986 Tax Amount $4,293.4 Change Rate +0.057832% Assessed CR Tax Rate +0.075171%
Year 2023 Assessed Value $51,907 Land Value $10,166 Improvement Value $41,741 Tax Amount $4,058.68 Change Rate +0.055859% Assessed CR Tax Rate +0.078191%
Year 2022 Assessed Value $48,897 Land Value $9,642 Improvement Value $39,255 Tax Amount $3,843.96 Change Rate +0.039942% Assessed CR Tax Rate +0.078613%
Year 2021 Assessed Value $47,066 Land Value $9,281 Improvement Value $37,785 Tax Amount $3,696.32 Change Rate +0.020046% Assessed CR Tax Rate +0.078535%
Year 2020 Assessed Value $47,137 Land Value $9,295 Improvement Value $37,842 Tax Amount $3,623.68 Change Rate +0.092431% Assessed CR Tax Rate +0.076875%
Year 2019 Assessed Value $46,973 Land Value $9,263 Improvement Value $37,710 Tax Amount $3,317.08 Change Rate Assessed CR Tax Rate +0.070617%
Year 2018 Assessed Value $45,259 Land Value $9,217 Improvement Value $36,042 Tax Amount $3,317.08 Change Rate +0.02319% Assessed CR Tax Rate +0.073291%
Year 2017 Assessed Value $44,674 Land Value $9,098 Improvement Value $35,576 Tax Amount $3,241.9 Change Rate +0.022398% Assessed CR Tax Rate +0.072568%
Year 2016 Assessed Value $44,022 Land Value $8,965 Improvement Value $35,057 Tax Amount $3,170.88 Change Rate +0.01171% Assessed CR Tax Rate +0.072029%
Year 2015 Assessed Value $43,496 Land Value $8,858 Improvement Value $34,638 Tax Amount $3,134.18 Change Rate +0.126844% Assessed CR Tax Rate +0.072057%
Year 2014 Assessed Value $43,215 Land Value $8,801 Improvement Value $34,414 Tax Amount $2,781.38 Change Rate -0.102862% Assessed CR Tax Rate +0.064361%
Year 2013 Assessed Value $43,265 Land Value $8,802 Improvement Value $34,463 Tax Amount $3,100.28 Change Rate Assessed CR Tax Rate +0.071658%