Taxes
- Assessed Value: $31,387
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-03.0-105-007
- Assessed Land Value: 3295
- Market Land Value: 9885
- Tax Amount: 2541.22
- Tax Year: 2025
- Market Value: 94161
- Market Year: 2025
1501 S 7th St; Springfield, IL Property Details
Off market
1501 S 7th St Springfield, IL 62703
$32,150 Listing Price
5 Beds
2 Baths
2,294 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $32,000
- Est. Equity / %: $88,000 / 100%
- Gross Yield: 13.432%
- APN: 22-03.0-105-007
- Situs County: Sangamon
- Length Of Ownership: 11 years, 6 months
Rooms
- Bedrooms: 5
- Bathrooms: 2
Measurements
- Total: 2,294/SqFt
- Lot: 6,107/SqFt
- Price Per Square Foot: $13.95
Legal Description
- Description: L 1 B 4 ELIJAH ILES SUB LANDS #3 PT NW 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: 39.785904 / -89.64717
- Subdivision: Elijah Iles Sub
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 2811
Ownership Info
1501 S 7th St has no associated ownership info
1501 S 7th St has no associated ownership info.
Taxes
1501 S 7th St has 10 associated Taxes items
1501 S 7th 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 $31,387. The APN we've located for 1501 S 7th St is 22-03.0-105-007.
Unlock the full reportTax History
1501 S 7th 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 $31,387 | Land Value $3,295 | Improvement Value $28,092 | Tax Amount $2,541.22 | Change Rate +0.03352% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $29,273 | Land Value $3,073 | Improvement Value $26,200 | Tax Amount $2,458.8 | Change Rate +0.040128% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $26,738 | Land Value $2,807 | Improvement Value $23,931 | Tax Amount $2,363.94 | Change Rate +0.040082% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $25,364 | Land Value $2,663 | Improvement Value $22,701 | Tax Amount $2,272.84 | Change Rate +0.034294% | Assessed CR | Tax Rate +0.089609% |
| Year 2021 | Assessed Value $24,414 | Land Value $2,563 | Improvement Value $21,851 | Tax Amount $2,197.48 | Change Rate +0.020261% | Assessed CR | Tax Rate +0.090009% |
| Year 2020 | Assessed Value $24,451 | Land Value $2,567 | Improvement Value $21,884 | Tax Amount $2,153.84 | Change Rate +1.281513% | Assessed CR | Tax Rate +0.088088% |
| Year 2019 | Assessed Value $25,659 | Land Value $2,557 | Improvement Value $23,102 | Tax Amount $944.04 | Change Rate | Assessed CR | Tax Rate +0.036792% |
| Year 2018 | Assessed Value $11,173 | Land Value $2,546 | Improvement Value $8,627 | Tax Amount $944.04 | Change Rate +0.021202% | Assessed CR | Tax Rate +0.084493% |
| Year 2017 | Assessed Value $11,028 | Land Value $2,513 | Improvement Value $8,515 | Tax Amount $924.44 | Change Rate +0.401899% | Assessed CR | Tax Rate +0.083827% |
| Year 2016 | Assessed Value $10,867 | Land Value $2,476 | Improvement Value $8,391 | Tax Amount $659.42 | Change Rate -0.00227% | Assessed CR | Tax Rate +0.060681% |
| Year 2015 | Assessed Value $10,737 | Land Value $2,446 | Improvement Value $8,291 | Tax Amount $660.92 | Change Rate -0.598664% | Assessed CR | Tax Rate +0.061555% |
| Year 2014 | Assessed Value $10,667 | Land Value $2,430 | Improvement Value $8,237 | Tax Amount $1,646.8 | Change Rate +0.022819% | Assessed CR | Tax Rate +0.154383% |
| Year 2013 | Assessed Value $25,872 | Land Value $2,430 | Improvement Value $23,442 | Tax Amount $1,610.06 | Change Rate | Assessed CR | Tax Rate +0.062232% |