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3516 Sherman St; Springfield, IL Property Details

3516 Sherman St, Springfield, IL is a Single Family. This property is currently Financed and is not for sale. Our records show that 3516 Sherman St has 2 bedrooms, and 1 bathroom, and a total of 854 square feet. The lot size of 3516 Sherman St is 7,156 square feet.

Off market
3516 Sherman St Springfield, IL 62703
$127,000 Listing Price
2 Beds
1 Baths
854 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $63,000
  • Open Loans / Balance: 1 / $57,493
  • Est. Equity / %: $67,507 / 54.01%
  • Gross Yield: 12.269%
  • APN: 22-14.0-178-017
  • Situs County: Sangamon
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1

Measurements

  • Total: 854/SqFt
  • Lot: 7,156/SqFt
  • Price Per Square Foot: $73.77

Legal Description

  • Description: L 188 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: 39.753044 / -89.62478
  • Subdivision: Southlawn 2nd
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 40

Amenities

  • Plus Four: 4855

Ownership Info

3516 Sherman St has no associated ownership info
3516 Sherman St has no associated ownership info.

Taxes

3516 Sherman St has 10 associated Taxes items

3516 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 $35,410. The APN we've located for 3516 Sherman St is 22-14.0-178-017.

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Taxes
  • Assessed Value:  $35,410
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-14.0-178-017
  • Assessed Land Value:  7695
  • Market Land Value:  23085
  • Tax Amount:  2600.8
  • Tax Year:  2025
  • Market Value:  106230
  • Market Year:  2025

Tax History

3516 Sherman St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $35,410 Land Value $7,695 Improvement Value $27,715 Tax Amount $2,600.8 Change Rate +0.030003% Assessed CR Tax Rate +0.073448%
Year 2024 Assessed Value $32,939 Land Value $7,158 Improvement Value $25,781 Tax Amount $2,525.04 Change Rate +0.016301% Assessed CR Tax Rate +0.076658%
Year 2023 Assessed Value $30,499 Land Value $6,628 Improvement Value $23,871 Tax Amount $2,484.54 Change Rate +0.041518% Assessed CR Tax Rate +0.081463%
Year 2022 Assessed Value $28,862 Land Value $6,272 Improvement Value $22,590 Tax Amount $2,385.5 Change Rate +0.321724% Assessed CR Tax Rate +0.082652%
Year 2021 Assessed Value $27,730 Land Value $6,026 Improvement Value $21,704 Tax Amount $1,804.84 Change Rate +0.040038% Assessed CR Tax Rate +0.065086%
Year 2020 Assessed Value $27,428 Land Value $5,960 Improvement Value $21,468 Tax Amount $1,735.36 Change Rate +0.080561% Assessed CR Tax Rate +0.06327%
Year 2019 Assessed Value $26,949 Land Value $5,856 Improvement Value $21,093 Tax Amount $1,605.98 Change Rate Assessed CR Tax Rate +0.059593%
Year 2018 Assessed Value $26,834 Land Value $5,831 Improvement Value $21,003 Tax Amount $1,605.98 Change Rate +0.02925% Assessed CR Tax Rate +0.059849%
Year 2017 Assessed Value $26,421 Land Value $5,741 Improvement Value $20,680 Tax Amount $1,560.34 Change Rate +0.039451% Assessed CR Tax Rate +0.059057%
Year 2016 Assessed Value $25,739 Land Value $5,593 Improvement Value $20,146 Tax Amount $1,501.12 Change Rate +0.026% Assessed CR Tax Rate +0.058321%
Year 2015 Assessed Value $25,158 Land Value $5,467 Improvement Value $19,691 Tax Amount $1,463.08 Change Rate +0.020037% Assessed CR Tax Rate +0.058156%
Year 2014 Assessed Value $24,948 Land Value $5,421 Improvement Value $19,527 Tax Amount $1,434.34 Change Rate +0.011766% Assessed CR Tax Rate +0.057493%
Year 2013 Assessed Value $25,215 Land Value $5,479 Improvement Value $19,736 Tax Amount $1,417.66 Change Rate Assessed CR Tax Rate +0.056223%