Taxes
- Assessed Value: $14,107
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-03.0-230-048
- Assessed Land Value: 1761
- Market Land Value: 5283
- Tax Amount: 251.56
- Tax Year: 2025
- Market Value: 42321
- Market Year: 2025
1508 S 16th St; Springfield, IL Property Details
Off market • Pre Probate ✓
1508 S 16th St Springfield, IL 62703
$14,107 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $54,000 / 100%
- Gross Yield: 11.889%
- APN: 22-03.0-230-048
- Situs County: Sangamon
- Length Of Ownership: 19 years, 6 months
Measurements
- Lot: 7,387/SqFt
Legal Description
- Description: S42' N481' NE 3-15-5 & S42' N481' OUT LOT 1 HORNSBYS SUB PT N FRL 1/2 NE 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: 39.785862 / -89.63347
- Subdivision: Hornsbys Sub
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 3043
Ownership Info
1508 S 16th St has no associated ownership info
1508 S 16th St has no associated ownership info.
Taxes
1508 S 16th St has 10 associated Taxes items
1508 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 $14,107. The APN we've located for 1508 S 16th St is 22-03.0-230-048.
Unlock the full reportTax History
1508 S 16th 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 $14,107 | Land Value $1,761 | Improvement Value $12,346 | Tax Amount $251.56 | Change Rate +0.317068% | Assessed CR | Tax Rate +0.017832% |
| Year 2024 | Assessed Value $13,157 | Land Value $1,642 | Improvement Value $11,515 | Tax Amount $191 | Change Rate -0.050035% | Assessed CR | Tax Rate +0.014517% |
| Year 2023 | Assessed Value $12,018 | Land Value $1,500 | Improvement Value $10,518 | Tax Amount $201.06 | Change Rate -0.013348% | Assessed CR | Tax Rate +0.01673% |
| Year 2022 | Assessed Value $11,105 | Land Value $1,423 | Improvement Value $9,682 | Tax Amount $203.78 | Change Rate -0.004397% | Assessed CR | Tax Rate +0.01835% |
| Year 2021 | Assessed Value $10,689 | Land Value $1,370 | Improvement Value $9,319 | Tax Amount $204.68 | Change Rate +0.021765% | Assessed CR | Tax Rate +0.019149% |
| Year 2020 | Assessed Value $10,705 | Land Value $1,372 | Improvement Value $9,333 | Tax Amount $200.32 | Change Rate +0.042573% | Assessed CR | Tax Rate +0.018713% |
| Year 2019 | Assessed Value $10,667 | Land Value $1,367 | Improvement Value $9,300 | Tax Amount $192.14 | Change Rate | Assessed CR | Tax Rate +0.018013% |
| Year 2018 | Assessed Value $11,830 | Land Value $1,360 | Improvement Value $10,470 | Tax Amount $192.14 | Change Rate +0.007974% | Assessed CR | Tax Rate +0.016242% |
| Year 2017 | Assessed Value $11,677 | Land Value $1,342 | Improvement Value $10,335 | Tax Amount $190.62 | Change Rate +0.005168% | Assessed CR | Tax Rate +0.016324% |
| Year 2016 | Assessed Value $11,506 | Land Value $1,322 | Improvement Value $10,184 | Tax Amount $189.64 | Change Rate -0.002315% | Assessed CR | Tax Rate +0.016482% |
| Year 2015 | Assessed Value $11,368 | Land Value $1,306 | Improvement Value $10,062 | Tax Amount $190.08 | Change Rate +0.008596% | Assessed CR | Tax Rate +0.016721% |
| Year 2014 | Assessed Value $11,295 | Land Value $1,298 | Improvement Value $9,997 | Tax Amount $188.46 | Change Rate +0.022905% | Assessed CR | Tax Rate +0.016685% |
| Year 2013 | Assessed Value $12,171 | Land Value $1,298 | Improvement Value $10,873 | Tax Amount $184.24 | Change Rate | Assessed CR | Tax Rate +0.015138% |