Taxes
- Assessed Value: $21,400
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-03.0-105-008
- Assessed Land Value: 3295
- Market Land Value: 9885
- Tax Amount: 1732.64
- Tax Year: 2025
- Market Value: 64200
- Market Year: 2025
1505 S 7th St; Springfield, IL Property Details
Off market
1505 S 7th St Springfield, IL 62703
$45,900 Listing Price
3 Beds
1 Baths
1,198 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1947
- Purchase Price: $45,900
- Open Loans / Balance: 1 / $44,773
- Est. Equity / %: $15,227 / 25.38%
- Gross Yield: 12.68%
- APN: 22-03.0-105-008
- Situs County: Sangamon
- Length Of Ownership: 3 years, 7 months
Rooms
- Bedrooms: 3
- Bathrooms: 1
Measurements
- Total: 1,198/SqFt
- Lot: 6,107/SqFt
- Price Per Square Foot: $38.31
Legal Description
- Description: L 2 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: 39.785793 / -89.64718
- Subdivision: Elijah Iles Sub
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 2811
Ownership Info
1505 S 7th St has no associated ownership info
1505 S 7th St has no associated ownership info.
Taxes
1505 S 7th St has 10 associated Taxes items
1505 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 $21,400. The APN we've located for 1505 S 7th St is 22-03.0-105-008.
Unlock the full reportTax History
1505 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 $21,400 | Land Value $3,295 | Improvement Value $18,105 | Tax Amount $1,732.64 | Change Rate +0.033511% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $19,959 | Land Value $3,073 | Improvement Value $16,886 | Tax Amount $1,676.46 | Change Rate +0.040104% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $18,231 | Land Value $2,807 | Improvement Value $15,424 | Tax Amount $1,611.82 | Change Rate +0.901987% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $15,457 | Land Value $2,663 | Improvement Value $12,794 | Tax Amount $847.44 | Change Rate +0.060493% | Assessed CR | Tax Rate +0.054826% |
| Year 2021 | Assessed Value $14,878 | Land Value $2,563 | Improvement Value $12,315 | Tax Amount $799.1 | Change Rate -0.290345% | Assessed CR | Tax Rate +0.05371% |
| Year 2020 | Assessed Value $18,783 | Land Value $2,566 | Improvement Value $16,217 | Tax Amount $1,126.04 | Change Rate -0.095725% | Assessed CR | Tax Rate +0.05995% |
| Year 2019 | Assessed Value $18,717 | Land Value $2,557 | Improvement Value $16,160 | Tax Amount $1,245.24 | Change Rate | Assessed CR | Tax Rate +0.06653% |
| Year 2018 | Assessed Value $20,738 | Land Value $2,546 | Improvement Value $18,192 | Tax Amount $1,245.24 | Change Rate +0.026613% | Assessed CR | Tax Rate +0.060046% |
| Year 2017 | Assessed Value $20,470 | Land Value $2,513 | Improvement Value $17,957 | Tax Amount $1,212.96 | Change Rate +0.026367% | Assessed CR | Tax Rate +0.059255% |
| Year 2016 | Assessed Value $20,171 | Land Value $2,476 | Improvement Value $17,695 | Tax Amount $1,181.8 | Change Rate +0.015048% | Assessed CR | Tax Rate +0.058589% |
| Year 2015 | Assessed Value $19,929 | Land Value $2,446 | Improvement Value $17,483 | Tax Amount $1,164.28 | Change Rate +0.018065% | Assessed CR | Tax Rate +0.058421% |
| Year 2014 | Assessed Value $19,800 | Land Value $2,430 | Improvement Value $17,370 | Tax Amount $1,143.62 | Change Rate +0.022824% | Assessed CR | Tax Rate +0.057759% |
| Year 2013 | Assessed Value $19,800 | Land Value $2,430 | Improvement Value $17,370 | Tax Amount $1,118.1 | Change Rate | Assessed CR | Tax Rate +0.05647% |