Taxes
- Assessed Value: $38,833
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-04.0-107-011
- Assessed Land Value: 5845
- Market Land Value: 17535
- Tax Amount: 2253.48
- Tax Year: 2025
- Market Value: 116499
- Market Year: 2025
1516 S State St; Springfield, IL Property Details
Off market
1516 S State St Springfield, IL 62704
$38,833 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Est. Equity / %: $128,000 / 100%
- Gross Yield: 9.638%
- APN: 22-04.0-107-011
- Situs County: Sangamon
Measurements
- Lot: 6,158/SqFt
Legal Description
- Description: L 11 B 6 GEHLMAN & TURNER SUB
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: 39.78417 / -89.66673
- Subdivision: Gehlman & Turner Sub
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 3629
Ownership Info
1516 S State St has no associated ownership info
1516 S State St has no associated ownership info.
Taxes
1516 S State St has 10 associated Taxes items
1516 S State 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 $38,833. The APN we've located for 1516 S State St is 22-04.0-107-011.
Unlock the full reportTax History
1516 S State 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 $38,833 | Land Value $5,845 | Improvement Value $32,988 | Tax Amount $2,253.48 | Change Rate +0.063866% | Assessed CR | Tax Rate +0.05803% |
| Year 2024 | Assessed Value $36,218 | Land Value $5,451 | Improvement Value $30,767 | Tax Amount $2,118.2 | Change Rate +0.084977% | Assessed CR | Tax Rate +0.058485% |
| Year 2023 | Assessed Value $33,082 | Land Value $4,979 | Improvement Value $28,103 | Tax Amount $1,952.3 | Change Rate +0.06898% | Assessed CR | Tax Rate +0.059014% |
| Year 2022 | Assessed Value $31,381 | Land Value $4,723 | Improvement Value $26,658 | Tax Amount $1,826.32 | Change Rate +0.056458% | Assessed CR | Tax Rate +0.058198% |
| Year 2021 | Assessed Value $30,206 | Land Value $4,546 | Improvement Value $25,660 | Tax Amount $1,728.72 | Change Rate +0.019365% | Assessed CR | Tax Rate +0.057231% |
| Year 2020 | Assessed Value $30,252 | Land Value $4,553 | Improvement Value $25,699 | Tax Amount $1,695.88 | Change Rate +0.056452% | Assessed CR | Tax Rate +0.056058% |
| Year 2019 | Assessed Value $30,146 | Land Value $4,537 | Improvement Value $25,609 | Tax Amount $1,605.26 | Change Rate | Assessed CR | Tax Rate +0.05325% |
| Year 2018 | Assessed Value $29,999 | Land Value $4,515 | Improvement Value $25,484 | Tax Amount $1,605.26 | Change Rate +0.028947% | Assessed CR | Tax Rate +0.05351% |
| Year 2017 | Assessed Value $29,611 | Land Value $4,457 | Improvement Value $25,154 | Tax Amount $1,560.1 | Change Rate -0.192929% | Assessed CR | Tax Rate +0.052687% |
| Year 2016 | Assessed Value $29,179 | Land Value $4,392 | Improvement Value $24,787 | Tax Amount $1,933.04 | Change Rate +0.012964% | Assessed CR | Tax Rate +0.066248% |
| Year 2015 | Assessed Value $28,830 | Land Value $4,339 | Improvement Value $24,491 | Tax Amount $1,908.3 | Change Rate +0.071802% | Assessed CR | Tax Rate +0.066191% |
| Year 2014 | Assessed Value $28,644 | Land Value $4,311 | Improvement Value $24,333 | Tax Amount $1,780.46 | Change Rate +0.022818% | Assessed CR | Tax Rate +0.062158% |
| Year 2013 | Assessed Value $27,485 | Land Value $4,310 | Improvement Value $23,175 | Tax Amount $1,740.74 | Change Rate | Assessed CR | Tax Rate +0.063334% |