Taxes
- Assessed Value: $19,784
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-03.0-230-050
- Assessed Land Value: 1676
- Market Land Value: 5028
- Tax Amount: 1116.02
- Tax Year: 2025
- Market Value: 59352
- Market Year: 2025
1516 S 16th St; Springfield, IL Property Details
Off market
1516 S 16th St Springfield, IL 62703
$19,784 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $61,000
- Open Loans / Balance: 1 / $5,229
- Est. Equity / %: $50,771 / 90.66%
- Gross Yield: 16.071%
- APN: 22-03.0-230-050
- Situs County: Sangamon
- Length Of Ownership: 18 years, 8 months
Measurements
- Lot: 7,037/SqFt
Legal Description
- Description: S40' N561' PT N1/2 NE 3-15-5 & S40' N561' 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: 39.785664 / -89.63333
- Subdivision: Hornsbys Sub
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 3043
Ownership Info
1516 S 16th St has no associated ownership info
1516 S 16th St has no associated ownership info.
Taxes
1516 S 16th St has 10 associated Taxes items
1516 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 $19,784. The APN we've located for 1516 S 16th St is 22-03.0-230-050.
Unlock the full reportTax History
1516 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 $19,784 | Land Value $1,676 | Improvement Value $18,108 | Tax Amount $1,116.02 | Change Rate +0.067022% | Assessed CR | Tax Rate +0.05641% |
| Year 2024 | Assessed Value $18,452 | Land Value $1,563 | Improvement Value $16,889 | Tax Amount $1,045.92 | Change Rate +0.089841% | Assessed CR | Tax Rate +0.056683% |
| Year 2023 | Assessed Value $16,855 | Land Value $1,428 | Improvement Value $15,427 | Tax Amount $959.7 | Change Rate +0.072171% | Assessed CR | Tax Rate +0.056939% |
| Year 2022 | Assessed Value $15,989 | Land Value $1,355 | Improvement Value $14,634 | Tax Amount $895.1 | Change Rate +0.059064% | Assessed CR | Tax Rate +0.055982% |
| Year 2021 | Assessed Value $15,390 | Land Value $1,304 | Improvement Value $14,086 | Tax Amount $845.18 | Change Rate +0.019296% | Assessed CR | Tax Rate +0.054917% |
| Year 2020 | Assessed Value $15,413 | Land Value $1,306 | Improvement Value $14,107 | Tax Amount $829.18 | Change Rate -0.117556% | Assessed CR | Tax Rate +0.053797% |
| Year 2019 | Assessed Value $15,359 | Land Value $1,301 | Improvement Value $14,058 | Tax Amount $939.64 | Change Rate | Assessed CR | Tax Rate +0.061178% |
| Year 2018 | Assessed Value $17,121 | Land Value $1,295 | Improvement Value $15,826 | Tax Amount $939.64 | Change Rate +0.02848% | Assessed CR | Tax Rate +0.054882% |
| Year 2017 | Assessed Value $16,899 | Land Value $1,278 | Improvement Value $15,621 | Tax Amount $913.62 | Change Rate +0.028458% | Assessed CR | Tax Rate +0.054064% |
| Year 2016 | Assessed Value $16,652 | Land Value $1,259 | Improvement Value $15,393 | Tax Amount $888.34 | Change Rate +0.01671% | Assessed CR | Tax Rate +0.053347% |
| Year 2015 | Assessed Value $16,453 | Land Value $1,244 | Improvement Value $15,209 | Tax Amount $873.74 | Change Rate -0.096835% | Assessed CR | Tax Rate +0.053105% |
| Year 2014 | Assessed Value $16,347 | Land Value $1,236 | Improvement Value $15,111 | Tax Amount $967.42 | Change Rate +0.022816% | Assessed CR | Tax Rate +0.05918% |
| Year 2013 | Assessed Value $17,674 | Land Value $1,237 | Improvement Value $16,437 | Tax Amount $945.84 | Change Rate | Assessed CR | Tax Rate +0.053516% |