Property Details for 1515 E Melrose St, Springfield, IL
This property is located at 1515 E Melrose St in Springfield, IL.
Highlights
Bedrooms
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Bathrooms
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Square Footage
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Lot Size
6,500 Sq. Ft.
Year Built
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County
Sangamon
Interior Features
Bedrooms
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Bathrooms
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Square Footage
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Multi-Floor
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Cooling
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Heating
None
Fireplace Type
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Attic
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Basement
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Exterior Features
Garage
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Garage Square Footage
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Parking Space Count
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Pool
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Spa
Yes
Porch Type
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Construction
Year Built
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Property Type
Single Family Residence
Room Flooring
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Roof Construction
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Roof Material
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Foundation
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Sewage Type
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Lot Details
Lot Size
6,500 Sq. Ft.
Property Use Type
Residential
Subdivision
LINCOLN HEIGHTS
County
Sangamon
Parcel Number
22-03.0-476-037
Property Risks
Flood Risk
This property is located in a minimal flood risk area, falling outside of the 1% and 0.2% annual chance of flooding. A flood event is still possible due to severe rainfall and inadequate local drainage. Flood insurance is recommended but not required by federal regulation.
Property Owner of 1515 E Melrose St, Springfield, IL
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Who Lives at 1515 E Melrose St, Springfield, IL
Discover a wealth of information about the current occupants at any address. Ideal for learning about neighbors as well as for real estate research, marketing and more.
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Past Residents at 1515 E Melrose St, Springfield, IL
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Investment Insights for 1515 E Melrose St, Springfield, IL
Uncover valuable investment opportunities with our proprietary "Likelihood to Sell" scores, providing you with key information on the potential of a property’s marketability and profitability.
Likelihood to Sell
Likelihood to sell is the tendency for a property to sell at market value in the next 90 days.
Medium
Likelihood to Sell Below Market Value
Likelihood to sell below market value is the tendency for a property to sell below market value in the next 90 days. The owners may be financially distressed or the property may have sold at a discount before.
Medium
Likelihood to Sell to a Real Estate Investor
Likelihood to sell to an investor is the tendency for an investor-owned property to sell to another investor.
Medium
Property Value for 1515 E Melrose St, Springfield, IL
Explore the financial details of a property. From valuation estimates to market value, last sale price and date, and property financial insights, our data empowers you to learn more about your current home and those you might be interested in.
Valuation Estimate
Market Value
$51,917
Price Information
Last Sold Price
$21,500
Last Sold Date
May 28, 2021
Price per sqft (Last Sold Price)
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Property Financial Insights
Is Free and Clear
A free and clear property doesn’t have a mortgage.
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Is Upside Down
An upside-down mortgage happens when the owner owes more than the house is worth. The loan-to-value (LTV) is greater than 100%.
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Is Potentially Inherited
Potentially inherited describes a property may have been transferred either from parents to children or from spouse to spouse. Owners may be looking to sell because they feel the property is a burden.
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Is Potentially Distressed
Potentially distressed is when the property owner is in some level of financial distress.
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Is Longtime Owner
A longtime owner is an owner who has lived in and owned the property for 30 years. They may be looking to sell due to relocation, downsizing, or other reasons.
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Is Absentee
An absentee is an owner who doesn’t live in the property but lives in the same state as the property. They often don’t have emotional attachment to a property and may be looking to sell.
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Is Absentee Out of State
An absentee out of state is an owner who doesn’t live in the property or in the same state as the property. They often don’t have emotional attachment to the property and may be looking to sell.
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Estimated Loan to Value
Loan-to-value (LTV) is the mortgage compared to the property value. The ratio is used to decide a down-payment and if a lender will lend to a borrower.
A good LTV is 80% or lower.
A good LTV is 80% or lower.
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Property Tax and Deed Info for 1515 E Melrose St, Springfield, IL
Discover key details about a property with our public facts section, which includes information from property and tax records, as well as other public databases.
Tax Details
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2023
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Deeds
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Tax History for 1515 E Melrose St, Springfield, IL
Get the full picture of a property’s tax history, which can impact the overall cost of owning or selling a property and can help users plan for potential financial obligations.
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Springfield Neighborhood Safety
Assess the safety of the area around 1515 E Melrose St with our data on violent and property crimes, as well as nearby registered sex offenders. This data is essential for anyone concerned about their safety or that of their loved ones.
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Total Crime Grade
Total Crime Index
The total crime index uses the indexes of all neighborhood crimes in the given year.
: HighNearby Registered Sex Offenders
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Springfield Neighborhood Insights
Gain valuable insights into the area surrounding 1515 E Melrose St. This data is particularly useful for those looking to move into a new area, allowing them to explore the neighborhood and determine if it meets their needs.
Schools
Nearby Homes
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