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1500 S 16th St; Springfield, IL Property Details

1500 S 16th St, Springfield, IL is a Single Family. This property is not for sale. The lot size of 1500 S 16th St is 7,386 square feet.

Off market
1500 S 16th St Springfield, IL 62703
$12,371 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $8,000
  • Est. Equity / %: $54,000 / 100%
  • Gross Yield: 7.956%
  • APN: 22-03.0-230-046
  • Situs County: Sangamon
  • Length Of Ownership: 12 years, 6 months

Measurements

  • Lot: 7,386/SqFt

Legal Description

  • Description: S42' N397' PT N1/2 NE 3-15-5 & S42' N397' OUT L 1 HORNSBY SUB PT N FRL 1/2NE 3-15-5
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: 39.78609 / -89.63346
  • Subdivision: Hornsby Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3043

Ownership Info

1500 S 16th St has no associated ownership info
1500 S 16th St has no associated ownership info.

Taxes

1500 S 16th St has 10 associated Taxes items

1500 S 16th 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 $12,371. The APN we've located for 1500 S 16th St is 22-03.0-230-046.

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Taxes
  • Assessed Value:  $12,371
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-03.0-230-046
  • Assessed Land Value:  1761
  • Market Land Value:  5283
  • Tax Amount:  1001.62
  • Tax Year:  2025
  • Market Value:  37113
  • Market Year:  2025

Tax History

1500 S 16th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $12,371 Land Value $1,761 Improvement Value $10,610 Tax Amount $1,001.62 Change Rate +0.033514% Assessed CR Tax Rate +0.080965%
Year 2024 Assessed Value $11,538 Land Value $1,642 Improvement Value $9,896 Tax Amount $969.14 Change Rate +0.040118% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $10,539 Land Value $1,500 Improvement Value $9,039 Tax Amount $931.76 Change Rate +0.067235% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $9,743 Land Value $1,423 Improvement Value $8,320 Tax Amount $873.06 Change Rate +0.034309% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $9,378 Land Value $1,370 Improvement Value $8,008 Tax Amount $844.1 Change Rate +0.020282% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $9,392 Land Value $1,372 Improvement Value $8,020 Tax Amount $827.32 Change Rate -0.054578% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $9,359 Land Value $1,367 Improvement Value $7,992 Tax Amount $875.08 Change Rate Assessed CR Tax Rate +0.093501%
Year 2018 Assessed Value $10,357 Land Value $1,360 Improvement Value $8,997 Tax Amount $875.08 Change Rate +0.021145% Assessed CR Tax Rate +0.084492%
Year 2017 Assessed Value $10,223 Land Value $1,342 Improvement Value $8,881 Tax Amount $856.96 Change Rate +0.020118% Assessed CR Tax Rate +0.083827%
Year 2016 Assessed Value $10,073 Land Value $1,322 Improvement Value $8,751 Tax Amount $840.06 Change Rate +0.009857% Assessed CR Tax Rate +0.083397%
Year 2015 Assessed Value $9,952 Land Value $1,306 Improvement Value $8,646 Tax Amount $831.86 Change Rate -0.056741% Assessed CR Tax Rate +0.083587%
Year 2014 Assessed Value $9,888 Land Value $1,298 Improvement Value $8,590 Tax Amount $881.9 Change Rate +0.022801% Assessed CR Tax Rate +0.089189%
Year 2013 Assessed Value $10,642 Land Value $1,298 Improvement Value $9,344 Tax Amount $862.24 Change Rate Assessed CR Tax Rate +0.081022%