Large Location Icon

3501 Sherman St; Springfield, IL Property Details

3501 Sherman St, Springfield, IL is a Single Family that was built in 1944. This property is currently Financed and is not for sale. Our records show that 3501 Sherman St has 3 bedrooms, and 2 bathrooms, and a total of 1,428 square feet. The lot size of 3501 Sherman St is 10,810 square feet.

Off market
3501 Sherman St Springfield, IL 62703
$105,000 Listing Price
3 Beds
2 Baths
1,428 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1944
  • Purchase Price: $105,000
  • Open Loans / Balance: 4 / $174,362
  • Est. Equity / %: $-16,362 / -10.36%
  • Gross Yield: 11.218%
  • APN: 22-14.0-154-025
  • Situs County: Sangamon
  • Length Of Ownership: 6 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,428/SqFt
  • Lot: 10,810/SqFt
  • Price Per Square Foot: $73.53

Legal Description

  • Description: L 253 SOUTHLAWN 2ND PLAT SE NW 14-15-5
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: 39.753403 / -89.62545
  • Subdivision: Southlawn Second Plat
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 40

Amenities

  • Plus Four: 4854

Ownership Info

3501 Sherman St has no associated ownership info
3501 Sherman St has no associated ownership info.

Taxes

3501 Sherman St has 10 associated Taxes items

3501 Sherman 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 $41,064. The APN we've located for 3501 Sherman St is 22-14.0-154-025.

Unlock the full report
Taxes
  • Assessed Value:  $41,064
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-14.0-154-025
  • Assessed Land Value:  8656
  • Market Land Value:  25968
  • Tax Amount:  3016.08
  • Tax Year:  2025
  • Market Value:  123192
  • Market Year:  2025

Tax History

3501 Sherman St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $41,064 Land Value $8,656 Improvement Value $32,408 Tax Amount $3,016.08 Change Rate +0.029991% Assessed CR Tax Rate +0.073448%
Year 2024 Assessed Value $38,199 Land Value $8,052 Improvement Value $30,147 Tax Amount $2,928.26 Change Rate +0.016277% Assessed CR Tax Rate +0.076658%
Year 2023 Assessed Value $35,370 Land Value $7,456 Improvement Value $27,914 Tax Amount $2,881.36 Change Rate +0.041503% Assessed CR Tax Rate +0.081463%
Year 2022 Assessed Value $33,472 Land Value $7,056 Improvement Value $26,416 Tax Amount $2,766.54 Change Rate +0.035754% Assessed CR Tax Rate +0.082652%
Year 2021 Assessed Value $32,159 Land Value $6,779 Improvement Value $25,380 Tax Amount $2,671.04 Change Rate +0.749505% Assessed CR Tax Rate +0.083057%
Year 2020 Assessed Value $24,852 Land Value $6,705 Improvement Value $18,147 Tax Amount $1,526.74 Change Rate +0.152396% Assessed CR Tax Rate +0.061433%
Year 2019 Assessed Value $24,418 Land Value $6,588 Improvement Value $17,830 Tax Amount $1,324.84 Change Rate Assessed CR Tax Rate +0.054257%
Year 2018 Assessed Value $23,187 Land Value $6,560 Improvement Value $16,627 Tax Amount $1,324.84 Change Rate -0.192259% Assessed CR Tax Rate +0.057137%
Year 2017 Assessed Value $22,831 Land Value $6,459 Improvement Value $16,372 Tax Amount $1,640.18 Change Rate -0.030271% Assessed CR Tax Rate +0.07184%
Year 2016 Assessed Value $22,241 Land Value $6,292 Improvement Value $15,949 Tax Amount $1,691.38 Change Rate +0.018781% Assessed CR Tax Rate +0.076048%
Year 2015 Assessed Value $21,739 Land Value $6,150 Improvement Value $15,589 Tax Amount $1,660.2 Change Rate +0.017342% Assessed CR Tax Rate +0.07637%
Year 2014 Assessed Value $21,558 Land Value $6,099 Improvement Value $15,459 Tax Amount $1,631.9 Change Rate +0.015128% Assessed CR Tax Rate +0.075698%
Year 2013 Assessed Value $21,789 Land Value $6,164 Improvement Value $15,625 Tax Amount $1,607.58 Change Rate Assessed CR Tax Rate +0.073779%