Taxes
- Assessed Value: $22,833
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-03.0-106-002
- Assessed Land Value: 3294
- Market Land Value: 9882
- Tax Amount: 1848.66
- Tax Year: 2025
- Market Value: 68499
- Market Year: 2025
1506 S 7th St; Springfield, IL Property Details
Off market
1506 S 7th St Springfield, IL 62703
$64,000 Listing Price
2 Beds
916 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1996
- Purchase Price: $160,000
- Open Loans: 1
- Gross Yield: 23.241%
- APN: 22-03.0-106-002
- Situs County: Sangamon
- Length Of Ownership: 1 year, 7 months
Rooms
- Bedrooms: 2
Measurements
- Total: 916/SqFt
- Lot: 6,112/SqFt
- Price Per Square Foot: $174.67
Legal Description
- Description: N 20' L 14&S 20' L 15 B 5 ELIJAH ILES SUB 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: 39.785755 / -89.64653
- Subdivision: Elijah Iles Sub
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 2812
Ownership Info
1506 S 7th St has no associated ownership info
1506 S 7th St has no associated ownership info.
Taxes
1506 S 7th St has 10 associated Taxes items
1506 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 $22,833. The APN we've located for 1506 S 7th St is 22-03.0-106-002.
Unlock the full reportTax History
1506 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 $22,833 | Land Value $3,294 | Improvement Value $19,539 | Tax Amount $1,848.66 | Change Rate +0.033533% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $21,295 | Land Value $3,072 | Improvement Value $18,223 | Tax Amount $1,788.68 | Change Rate +0.040124% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $19,451 | Land Value $2,806 | Improvement Value $16,645 | Tax Amount $1,719.68 | Change Rate +0.0401% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $18,451 | Land Value $2,662 | Improvement Value $15,789 | Tax Amount $1,653.38 | Change Rate +0.034293% | Assessed CR | Tax Rate +0.089609% |
| Year 2021 | Assessed Value $17,760 | Land Value $2,562 | Improvement Value $15,198 | Tax Amount $1,598.56 | Change Rate +0.020258% | Assessed CR | Tax Rate +0.090009% |
| Year 2020 | Assessed Value $17,787 | Land Value $2,566 | Improvement Value $15,221 | Tax Amount $1,566.82 | Change Rate -0.054994% | Assessed CR | Tax Rate +0.088088% |
| Year 2019 | Assessed Value $17,725 | Land Value $2,557 | Improvement Value $15,168 | Tax Amount $1,658 | Change Rate | Assessed CR | Tax Rate +0.09354% |
| Year 2018 | Assessed Value $19,623 | Land Value $2,546 | Improvement Value $17,077 | Tax Amount $1,658 | Change Rate +0.021162% | Assessed CR | Tax Rate +0.084493% |
| Year 2017 | Assessed Value $19,369 | Land Value $2,513 | Improvement Value $16,856 | Tax Amount $1,623.64 | Change Rate +0.020067% | Assessed CR | Tax Rate +0.083827% |
| Year 2016 | Assessed Value $19,086 | Land Value $2,476 | Improvement Value $16,610 | Tax Amount $1,591.7 | Change Rate +0.009834% | Assessed CR | Tax Rate +0.083396% |
| Year 2015 | Assessed Value $18,857 | Land Value $2,446 | Improvement Value $16,411 | Tax Amount $1,576.2 | Change Rate +0.015213% | Assessed CR | Tax Rate +0.083587% |
| Year 2014 | Assessed Value $18,735 | Land Value $2,430 | Improvement Value $16,305 | Tax Amount $1,552.58 | Change Rate +0.02282% | Assessed CR | Tax Rate +0.082871% |
| Year 2013 | Assessed Value $18,735 | Land Value $2,430 | Improvement Value $16,305 | Tax Amount $1,517.94 | Change Rate | Assessed CR | Tax Rate +0.081022% |