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720 W Fayette Ave; Springfield, IL Property Details

720 W Fayette Ave, Springfield, IL is a Single Family that was built in 1924. This property is currently Financed and is not for sale. Our records show that 720 W Fayette Ave has 2 bedrooms, and 2 bathrooms, and a total of 994 square feet. The lot size of 720 W Fayette Ave is 5,305 square feet.

Off market
720 W Fayette Ave Springfield, IL 62704
$155,000 Listing Price
2 Beds
2 Baths
994 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1924
  • Purchase Price: $155,000
  • Open Loans / Balance: 1 / $115,439
  • Est. Equity / %: $46,561 / 28.74%
  • Gross Yield: 10.489%
  • APN: 14-33.0-332-016
  • Situs County: Sangamon
  • Length Of Ownership: 9 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2

Measurements

  • Total: 994/SqFt
  • Lot: 5,305/SqFt
  • Price Per Square Foot: $155.94

Legal Description

  • Description: JOHN S SCHNEPPS 2ND ADDN TO VANBERGEN PLACE PT L ASSRS SUB E1/2 SW 33-16-5 L 17
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: 39.791714 / -89.66582
  • Subdivision: Addn To Vanbergen Place Pt L Assrs Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 2710

Ownership Info

720 W Fayette Ave has no associated ownership info
720 W Fayette Ave has no associated ownership info.

Taxes

720 W Fayette Ave has 10 associated Taxes items

720 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 $48,862. The APN we've located for 720 W Fayette Ave is 14-33.0-332-016.

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Taxes
  • Assessed Value:  $48,862
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-33.0-332-016
  • Assessed Land Value:  5975
  • Market Land Value:  17925
  • Tax Amount:  3065.46
  • Tax Year:  2025
  • Market Value:  146586
  • Market Year:  2025

Tax History

720 W Fayette Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $48,862 Land Value $5,975 Improvement Value $42,887 Tax Amount $3,065.46 Change Rate +0.055643% Assessed CR Tax Rate +0.062737%
Year 2024 Assessed Value $45,572 Land Value $5,573 Improvement Value $39,999 Tax Amount $2,903.88 Change Rate +0.072492% Assessed CR Tax Rate +0.063721%
Year 2023 Assessed Value $41,625 Land Value $5,090 Improvement Value $36,535 Tax Amount $2,707.6 Change Rate +0.060756% Assessed CR Tax Rate +0.065047%
Year 2022 Assessed Value $39,485 Land Value $4,828 Improvement Value $34,657 Tax Amount $2,552.52 Change Rate +0.050083% Assessed CR Tax Rate +0.064645%
Year 2021 Assessed Value $38,006 Land Value $4,647 Improvement Value $33,359 Tax Amount $2,430.78 Change Rate -0.139358% Assessed CR Tax Rate +0.063958%
Year 2020 Assessed Value $38,063 Land Value $4,654 Improvement Value $33,409 Tax Amount $2,824.38 Change Rate +0.143455% Assessed CR Tax Rate +0.074203%
Year 2019 Assessed Value $37,930 Land Value $4,638 Improvement Value $33,292 Tax Amount $2,470.04 Change Rate Assessed CR Tax Rate +0.065121%
Year 2018 Assessed Value $35,234 Land Value $4,615 Improvement Value $30,619 Tax Amount $2,470.04 Change Rate +0.023919% Assessed CR Tax Rate +0.070104%
Year 2017 Assessed Value $34,778 Land Value $4,555 Improvement Value $30,223 Tax Amount $2,412.34 Change Rate +0.023175% Assessed CR Tax Rate +0.069364%
Year 2016 Assessed Value $34,271 Land Value $4,489 Improvement Value $29,782 Tax Amount $2,357.7 Change Rate +0.012401% Assessed CR Tax Rate +0.068796%
Year 2015 Assessed Value $33,861 Land Value $4,435 Improvement Value $29,426 Tax Amount $2,328.82 Change Rate +0.07526% Assessed CR Tax Rate +0.068776%
Year 2014 Assessed Value $33,642 Land Value $4,406 Improvement Value $29,236 Tax Amount $2,165.82 Change Rate +0.022829% Assessed CR Tax Rate +0.064378%
Year 2013 Assessed Value $32,135 Land Value $4,405 Improvement Value $27,730 Tax Amount $2,117.48 Change Rate Assessed CR Tax Rate +0.065893%