1736 Reed Avenue

1736 Reed Avenue has been categorized by the local assessors in Springfield, IL as a residential type of property. The area measurement of the land has been determined as 10,504 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1736 Reed Avenue was last sold in Nov 24, 2020 for $109,000. Prior to that sales transaction, the property was sold for $117,000 in Jul 11, 2011. Current property owners are expected to pay $3,314 in taxes per year. The property on 1736 Reed Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $43,735. To break that down further, the land itself was valued at $7,783. While improvements to the property were assessed at a total of $35,952. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.