Taxes
- Assessed Value: $41,634
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-33.0-405-022
- Assessed Land Value: 6308
- Market Land Value: 18924
- Tax Amount: 2885.08
- Tax Year: 2025
- Market Value: 124902
- Market Year: 2025
531 W Fayette Ave; Springfield, IL Property Details
Off market
531 W Fayette Ave Springfield, IL 62704
$41,634 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $75,500
- Open Loans / Balance: 1 / $29,750
- Est. Equity / %: $112,250 / 79.05%
- Gross Yield: 8.992%
- APN: 14-33.0-405-022
- Situs County: Sangamon
- Length Of Ownership: 23 years, 3 months
Measurements
- Lot: 6,752/SqFt
Legal Description
- Description: S 133.5' E1/2 L 4 B 3 MRS ULRICHS ADDN
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: 39.79168 / -89.66221
- Subdivision: Mrs Ulrichs Add
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 2734
Ownership Info
531 W Fayette Ave has no associated ownership info
531 W Fayette Ave has no associated ownership info.
Taxes
531 W Fayette Ave has 10 associated Taxes items
531 W Fayette Ave, 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 $41,634. The APN we've located for 531 W Fayette Ave is 14-33.0-405-022.
Unlock the full reportTax History
531 W Fayette Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $41,634 | Land Value $6,308 | Improvement Value $35,326 | Tax Amount $2,885.08 | Change Rate +0.046244% | Assessed CR | Tax Rate +0.069296% |
| Year 2024 | Assessed Value $38,830 | Land Value $5,883 | Improvement Value $32,947 | Tax Amount $2,757.56 | Change Rate +0.058442% | Assessed CR | Tax Rate +0.071016% |
| Year 2023 | Assessed Value $35,468 | Land Value $5,374 | Improvement Value $30,094 | Tax Amount $2,605.3 | Change Rate +0.051695% | Assessed CR | Tax Rate +0.073455% |
| Year 2022 | Assessed Value $33,645 | Land Value $5,098 | Improvement Value $28,547 | Tax Amount $2,477.24 | Change Rate +0.043092% | Assessed CR | Tax Rate +0.073629% |
| Year 2021 | Assessed Value $32,385 | Land Value $4,907 | Improvement Value $27,478 | Tax Amount $2,374.9 | Change Rate +0.019953% | Assessed CR | Tax Rate +0.073333% |
| Year 2020 | Assessed Value $32,433 | Land Value $4,914 | Improvement Value $27,519 | Tax Amount $2,328.44 | Change Rate +0.053364% | Assessed CR | Tax Rate +0.071792% |
| Year 2019 | Assessed Value $32,320 | Land Value $4,897 | Improvement Value $27,423 | Tax Amount $2,210.48 | Change Rate | Assessed CR | Tax Rate +0.068394% |
| Year 2018 | Assessed Value $32,162 | Land Value $4,872 | Improvement Value $27,290 | Tax Amount $2,210.48 | Change Rate +0.024233% | Assessed CR | Tax Rate +0.06873% |
| Year 2017 | Assessed Value $31,746 | Land Value $4,809 | Improvement Value $26,937 | Tax Amount $2,158.18 | Change Rate +0.023562% | Assessed CR | Tax Rate +0.067983% |
| Year 2016 | Assessed Value $31,283 | Land Value $4,739 | Improvement Value $26,544 | Tax Amount $2,108.5 | Change Rate +0.012689% | Assessed CR | Tax Rate +0.067401% |
| Year 2015 | Assessed Value $30,909 | Land Value $4,682 | Improvement Value $26,227 | Tax Amount $2,082.08 | Change Rate +0.070588% | Assessed CR | Tax Rate +0.067362% |
| Year 2014 | Assessed Value $30,710 | Land Value $4,652 | Improvement Value $26,058 | Tax Amount $1,944.8 | Change Rate +0.022825% | Assessed CR | Tax Rate +0.063328% |
| Year 2013 | Assessed Value $29,468 | Land Value $4,652 | Improvement Value $24,816 | Tax Amount $1,901.4 | Change Rate | Assessed CR | Tax Rate +0.064524% |