Taxes
- Assessed Value: $32,502
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-33.0-405-019
- Assessed Land Value: 5736
- Market Land Value: 17208
- Tax Amount: 2145.72
- Tax Year: 2025
- Market Value: 97506
- Market Year: 2025
551 W Fayette Ave; Springfield, IL Property Details
Off market
551 W Fayette Ave Springfield, IL 62704
$32,502 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $75,500
- Est. Equity / %: $131,000 / 100%
- Gross Yield: 7.072%
- APN: 14-33.0-405-019
- Situs County: Sangamon
- Length Of Ownership: 20 years, 5 months
Measurements
- Lot: 4,812/SqFt
Legal Description
- Description: S 80' W1/2 L5 & E 10 S 80' L 6 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: 39.79167 / -89.66272
- Subdivision: Mrs Ulrichs Add
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 2734
Ownership Info
551 W Fayette Ave has no associated ownership info
551 W Fayette Ave has no associated ownership info.
Taxes
551 W Fayette Ave has 10 associated Taxes items
551 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 $32,502. The APN we've located for 551 W Fayette Ave is 14-33.0-405-019.
Unlock the full reportTax History
551 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 $32,502 | Land Value $5,736 | Improvement Value $26,766 | Tax Amount $2,145.72 | Change Rate +0.05066% | Assessed CR | Tax Rate +0.066018% |
| Year 2024 | Assessed Value $30,314 | Land Value $5,350 | Improvement Value $24,964 | Tax Amount $2,042.26 | Change Rate +0.065031% | Assessed CR | Tax Rate +0.06737% |
| Year 2023 | Assessed Value $27,689 | Land Value $4,887 | Improvement Value $22,802 | Tax Amount $1,917.56 | Change Rate +0.055913% | Assessed CR | Tax Rate +0.069253% |
| Year 2022 | Assessed Value $26,266 | Land Value $4,636 | Improvement Value $21,630 | Tax Amount $1,816.02 | Change Rate +0.04636% | Assessed CR | Tax Rate +0.06914% |
| Year 2021 | Assessed Value $25,282 | Land Value $4,462 | Improvement Value $20,820 | Tax Amount $1,735.56 | Change Rate +0.019802% | Assessed CR | Tax Rate +0.068648% |
| Year 2020 | Assessed Value $25,320 | Land Value $4,469 | Improvement Value $20,851 | Tax Amount $1,701.86 | Change Rate +0.054123% | Assessed CR | Tax Rate +0.067214% |
| Year 2019 | Assessed Value $25,231 | Land Value $4,453 | Improvement Value $20,778 | Tax Amount $1,614.48 | Change Rate | Assessed CR | Tax Rate +0.063988% |
| Year 2018 | Assessed Value $25,108 | Land Value $4,432 | Improvement Value $20,676 | Tax Amount $1,614.48 | Change Rate +0.025327% | Assessed CR | Tax Rate +0.064301% |
| Year 2017 | Assessed Value $24,784 | Land Value $4,375 | Improvement Value $20,409 | Tax Amount $1,574.6 | Change Rate +0.024917% | Assessed CR | Tax Rate +0.063533% |
| Year 2016 | Assessed Value $24,422 | Land Value $4,311 | Improvement Value $20,111 | Tax Amount $1,536.32 | Change Rate +0.013778% | Assessed CR | Tax Rate +0.062907% |
| Year 2015 | Assessed Value $24,130 | Land Value $4,259 | Improvement Value $19,871 | Tax Amount $1,515.44 | Change Rate +0.031641% | Assessed CR | Tax Rate +0.062803% |
| Year 2014 | Assessed Value $23,974 | Land Value $4,231 | Improvement Value $19,743 | Tax Amount $1,468.96 | Change Rate +0.022824% | Assessed CR | Tax Rate +0.061273% |
| Year 2013 | Assessed Value $23,726 | Land Value $4,231 | Improvement Value $19,495 | Tax Amount $1,436.18 | Change Rate | Assessed CR | Tax Rate +0.060532% |