Large Location Icon

716 W Prospect Ave; Springfield, IL Property Details

716 W Prospect Ave, Springfield, IL is a Single Family. This property is not for sale. The lot size of 716 W Prospect Ave is 4,776 square feet.

Off market
716 W Prospect Ave Springfield, IL 62704
$26,250 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $45,000
  • Est. Equity / %: $122,000 / 100%
  • Gross Yield: 8.193%
  • APN: 22-09.0-154-016
  • Situs County: Sangamon
  • Length Of Ownership: 23 years, 8 months

Measurements

  • Lot: 4,776/SqFt

Legal Description

  • Description: E 45' L 24 CHAS S WANLESS S WALNUT ST ADDN 45 X 106.14
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: 39.766453 / -89.66444
  • Subdivision: Chas S Wanless S Walnut St Add
  • Property Class: Residential
  • Zoning: I1
  • County Use Code: 40

Amenities

  • Plus Four: 5027

Ownership Info

716 W Prospect Ave has no associated ownership info
716 W Prospect Ave has no associated ownership info.

Taxes

716 W Prospect Ave has 10 associated Taxes items

716 W Prospect 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 $26,250. The APN we've located for 716 W Prospect Ave is 22-09.0-154-016.

Unlock the full report
Taxes
  • Assessed Value:  $26,250
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-09.0-154-016
  • Assessed Land Value:  3716
  • Market Land Value:  11148
  • Tax Amount:  1573.52
  • Tax Year:  2025
  • Market Value:  78750
  • Market Year:  2025

Tax History

716 W Prospect Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $26,250 Land Value $3,716 Improvement Value $22,534 Tax Amount $1,573.52 Change Rate +0.053833% Assessed CR Tax Rate +0.059944%
Year 2024 Assessed Value $24,419 Land Value $3,457 Improvement Value $20,962 Tax Amount $1,493.14 Change Rate +0.047274% Assessed CR Tax Rate +0.061147%
Year 2023 Assessed Value $22,610 Land Value $3,201 Improvement Value $19,409 Tax Amount $1,425.74 Change Rate +0.063858% Assessed CR Tax Rate +0.063058%
Year 2022 Assessed Value $21,397 Land Value $3,029 Improvement Value $18,368 Tax Amount $1,340.16 Change Rate +0.052823% Assessed CR Tax Rate +0.062633%
Year 2021 Assessed Value $20,558 Land Value $2,910 Improvement Value $17,648 Tax Amount $1,272.92 Change Rate +0.041192% Assessed CR Tax Rate +0.061918%
Year 2020 Assessed Value $20,334 Land Value $2,878 Improvement Value $17,456 Tax Amount $1,222.56 Change Rate +0.083542% Assessed CR Tax Rate +0.060124%
Year 2019 Assessed Value $19,979 Land Value $2,828 Improvement Value $17,151 Tax Amount $1,128.3 Change Rate Assessed CR Tax Rate +0.056474%
Year 2018 Assessed Value $19,894 Land Value $2,816 Improvement Value $17,078 Tax Amount $1,128.3 Change Rate +0.031353% Assessed CR Tax Rate +0.056716%
Year 2017 Assessed Value $19,589 Land Value $2,773 Improvement Value $16,816 Tax Amount $1,094 Change Rate +0.043475% Assessed CR Tax Rate +0.055848%
Year 2016 Assessed Value $19,083 Land Value $2,701 Improvement Value $16,382 Tax Amount $1,048.42 Change Rate +0.030004% Assessed CR Tax Rate +0.05494%
Year 2015 Assessed Value $18,652 Land Value $2,640 Improvement Value $16,012 Tax Amount $1,017.88 Change Rate +0.021291% Assessed CR Tax Rate +0.054572%
Year 2014 Assessed Value $18,497 Land Value $2,618 Improvement Value $15,879 Tax Amount $996.66 Change Rate +0.010012% Assessed CR Tax Rate +0.053882%
Year 2013 Assessed Value $18,695 Land Value $2,646 Improvement Value $16,049 Tax Amount $986.78 Change Rate Assessed CR Tax Rate +0.052783%