Taxes
- Assessed Value: $26,119
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-04.0-107-005
- Assessed Land Value: 5845
- Market Land Value: 17535
- Tax Amount: 2114.7
- Tax Year: 2025
- Market Value: 78357
- Market Year: 2025
1416 S State St; Springfield, IL Property Details
Off market
1416 S State St Springfield, IL 62704
$55,000 Listing Price
2 Beds
1 Baths
1,175 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Purchase Price: $80,000
- Open Loans / Balance: 1 / $258,775
- Est. Equity / %: $-162,775 / -169.56%
- Gross Yield: 8.725%
- APN: 22-04.0-107-005
- Situs County: Sangamon
- Length Of Ownership: 2 years, 2 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
Measurements
- Total: 1,175/SqFt
- Lot: 6,157/SqFt
- Price Per Square Foot: $68.09
Legal Description
- Description: L 5 B 6 GEHLMAN & TURNER SUB
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: 39.784843 / -89.66675
- Subdivision: Gehlman & Turner Sub
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 3627
Ownership Info
1416 S State St has no associated ownership info
1416 S State St has no associated ownership info.
Taxes
1416 S State St has 10 associated Taxes items
1416 S State St, 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 $26,119. The APN we've located for 1416 S State St is 22-04.0-107-005.
Unlock the full reportTax History
1416 S State St has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $26,119 | Land Value $5,845 | Improvement Value $20,274 | Tax Amount $2,114.7 | Change Rate +0.033517% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $24,360 | Land Value $5,451 | Improvement Value $18,909 | Tax Amount $2,046.12 | Change Rate +0.040097% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $22,251 | Land Value $4,979 | Improvement Value $17,272 | Tax Amount $1,967.24 | Change Rate +0.040108% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $21,107 | Land Value $4,723 | Improvement Value $16,384 | Tax Amount $1,891.38 | Change Rate +0.034264% | Assessed CR | Tax Rate +0.089609% |
| Year 2021 | Assessed Value $20,317 | Land Value $4,546 | Improvement Value $15,771 | Tax Amount $1,828.72 | Change Rate +0.020252% | Assessed CR | Tax Rate +0.090009% |
| Year 2020 | Assessed Value $20,348 | Land Value $4,553 | Improvement Value $15,795 | Tax Amount $1,792.42 | Change Rate +0.051347% | Assessed CR | Tax Rate +0.088088% |
| Year 2019 | Assessed Value $20,277 | Land Value $4,537 | Improvement Value $15,740 | Tax Amount $1,704.88 | Change Rate | Assessed CR | Tax Rate +0.084079% |
| Year 2018 | Assessed Value $20,178 | Land Value $4,515 | Improvement Value $15,663 | Tax Amount $1,704.88 | Change Rate +0.021155% | Assessed CR | Tax Rate +0.084492% |
| Year 2017 | Assessed Value $19,917 | Land Value $4,457 | Improvement Value $15,460 | Tax Amount $1,669.56 | Change Rate +0.020002% | Assessed CR | Tax Rate +0.083826% |
| Year 2016 | Assessed Value $19,627 | Land Value $4,392 | Improvement Value $15,235 | Tax Amount $1,636.82 | Change Rate +0.009809% | Assessed CR | Tax Rate +0.083396% |
| Year 2015 | Assessed Value $19,392 | Land Value $4,339 | Improvement Value $15,053 | Tax Amount $1,620.92 | Change Rate +0.038918% | Assessed CR | Tax Rate +0.083587% |
| Year 2014 | Assessed Value $19,267 | Land Value $4,311 | Improvement Value $14,956 | Tax Amount $1,560.2 | Change Rate +0.022827% | Assessed CR | Tax Rate +0.080978% |
| Year 2013 | Assessed Value $18,827 | Land Value $4,311 | Improvement Value $14,516 | Tax Amount $1,525.38 | Change Rate | Assessed CR | Tax Rate +0.081021% |