Large Location Icon

700 W Summitt Ave; Springfield, IL Property Details

700 W Summitt Ave, Springfield, IL is a Single Family that was built in 1958. This property is currently Financed and is not for sale. Our records show that 700 W Summitt Ave has 2 bedrooms, and 1 bathroom, and a total of 1,500 square feet. The lot size of 700 W Summitt Ave is 4,012 square feet.

Off market
700 W Summitt Ave Springfield, IL 62704
$86,000 Listing Price
2 Beds
1 Baths
1,500 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1958
  • Purchase Price: $84,500
  • Open Loans / Balance: 1 / $99,216
  • Est. Equity / %: $-9,216 / -10.24%
  • Gross Yield: 10.427%
  • APN: 22-09.0-111-012
  • Situs County: Sangamon
  • Length Of Ownership: 4 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1

Measurements

  • Total: 1,500/SqFt
  • Lot: 4,012/SqFt
  • Price Per Square Foot: $56.33

Legal Description

  • Description: E 100' L 81 BELMONT
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: 39.768986 / -89.66467
  • Subdivision: Belmont
  • Property Class: Residential
  • Zoning: R2
  • County Use Code: 40

Amenities

  • Plus Four: 5038

Ownership Info

700 W Summitt Ave has no associated ownership info
700 W Summitt Ave has no associated ownership info.

Taxes

700 W Summitt Ave has 10 associated Taxes items

700 W Summitt 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 $31,473. The APN we've located for 700 W Summitt Ave is 22-09.0-111-012.

Unlock the full report
Taxes
  • Assessed Value:  $31,473
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-09.0-111-012
  • Assessed Land Value:  5570
  • Market Land Value:  16710
  • Tax Amount:  2445.58
  • Tax Year:  2025
  • Market Value:  94419
  • Market Year:  2025

Tax History

700 W Summitt Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $31,473 Land Value $5,570 Improvement Value $25,903 Tax Amount $2,445.58 Change Rate +0.417875% Assessed CR Tax Rate +0.077704%
Year 2024 Assessed Value $29,277 Land Value $5,181 Improvement Value $24,096 Tax Amount $1,724.82 Change Rate +0.247934% Assessed CR Tax Rate +0.058914%
Year 2023 Assessed Value $24,102 Land Value $4,797 Improvement Value $19,305 Tax Amount $1,382.14 Change Rate +0.072274% Assessed CR Tax Rate +0.057345%
Year 2022 Assessed Value $22,809 Land Value $4,540 Improvement Value $18,269 Tax Amount $1,288.98 Change Rate +0.059407% Assessed CR Tax Rate +0.056512%
Year 2021 Assessed Value $21,915 Land Value $4,362 Improvement Value $17,553 Tax Amount $1,216.7 Change Rate +0.042999% Assessed CR Tax Rate +0.055519%
Year 2020 Assessed Value $21,677 Land Value $4,315 Improvement Value $17,362 Tax Amount $1,166.54 Change Rate +0.087663% Assessed CR Tax Rate +0.053815%
Year 2019 Assessed Value $21,298 Land Value $4,240 Improvement Value $17,058 Tax Amount $1,072.52 Change Rate Assessed CR Tax Rate +0.050358%
Year 2018 Assessed Value $21,207 Land Value $4,222 Improvement Value $16,985 Tax Amount $1,072.52 Change Rate +0.034253% Assessed CR Tax Rate +0.050574%
Year 2017 Assessed Value $20,881 Land Value $4,157 Improvement Value $16,724 Tax Amount $1,037 Change Rate +0.048491% Assessed CR Tax Rate +0.049662%
Year 2016 Assessed Value $20,342 Land Value $4,050 Improvement Value $16,292 Tax Amount $989.04 Change Rate +0.034561% Assessed CR Tax Rate +0.048621%
Year 2015 Assessed Value $19,883 Land Value $3,959 Improvement Value $15,924 Tax Amount $956 Change Rate +0.023051% Assessed CR Tax Rate +0.048081%
Year 2014 Assessed Value $19,717 Land Value $3,926 Improvement Value $15,791 Tax Amount $934.46 Change Rate +0.007874% Assessed CR Tax Rate +0.047394%
Year 2013 Assessed Value $19,928 Land Value $3,968 Improvement Value $15,960 Tax Amount $927.16 Change Rate Assessed CR Tax Rate +0.046525%