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1520 S 16th St; Springfield, IL Property Details

1520 S 16th St, Springfield, IL is a Single Family. This property is not for sale. The lot size of 1520 S 16th St is 7,037 square feet.

Off market
1520 S 16th St Springfield, IL 62703
$20,207 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $39,900
  • Est. Equity / %: $56,000 / 100%
  • Gross Yield: 16.414%
  • APN: 22-03.0-230-051
  • Situs County: Sangamon
  • Length Of Ownership: 30 years, 1 months

Measurements

  • Lot: 7,037/SqFt

Legal Description

  • Description: S40' N601' NE 3-15-5 & S40' N601' OUT LOT 1 HORNSBYS SUB PT N FRL1/2 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: 39.78553 / -89.63345
  • Subdivision: Hornsbys Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3043

Ownership Info

1520 S 16th St has no associated ownership info
1520 S 16th St has no associated ownership info.

Taxes

1520 S 16th St has 10 associated Taxes items

1520 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 $20,207. The APN we've located for 1520 S 16th St is 22-03.0-230-051.

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Taxes
  • Assessed Value:  $20,207
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-03.0-230-051
  • Assessed Land Value:  1676
  • Market Land Value:  5028
  • Tax Amount:  1636.04
  • Tax Year:  2025
  • Market Value:  60621
  • Market Year:  2025

Tax History

1520 S 16th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $20,207 Land Value $1,676 Improvement Value $18,531 Tax Amount $1,636.04 Change Rate +0.033519% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $18,846 Land Value $1,563 Improvement Value $17,283 Tax Amount $1,582.98 Change Rate +0.04012% Assessed CR Tax Rate +0.083996%
Year 2023 Assessed Value $17,214 Land Value $1,428 Improvement Value $15,786 Tax Amount $1,521.92 Change Rate +0.040103% Assessed CR Tax Rate +0.088412%
Year 2022 Assessed Value $16,329 Land Value $1,355 Improvement Value $14,974 Tax Amount $1,463.24 Change Rate +0.034326% Assessed CR Tax Rate +0.08961%
Year 2021 Assessed Value $15,717 Land Value $1,304 Improvement Value $14,413 Tax Amount $1,414.68 Change Rate +0.020251% Assessed CR Tax Rate +0.09001%
Year 2020 Assessed Value $15,741 Land Value $1,306 Improvement Value $14,435 Tax Amount $1,386.6 Change Rate -0.061637% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $15,686 Land Value $1,301 Improvement Value $14,385 Tax Amount $1,477.68 Change Rate Assessed CR Tax Rate +0.094204%
Year 2018 Assessed Value $17,489 Land Value $1,295 Improvement Value $16,194 Tax Amount $1,477.68 Change Rate +0.021132% Assessed CR Tax Rate +0.084492%
Year 2017 Assessed Value $17,263 Land Value $1,278 Improvement Value $15,985 Tax Amount $1,447.1 Change Rate +0.020047% Assessed CR Tax Rate +0.083827%
Year 2016 Assessed Value $17,011 Land Value $1,259 Improvement Value $15,752 Tax Amount $1,418.66 Change Rate +0.009766% Assessed CR Tax Rate +0.083397%
Year 2015 Assessed Value $16,808 Land Value $1,244 Improvement Value $15,564 Tax Amount $1,404.94 Change Rate -0.061057% Assessed CR Tax Rate +0.083588%
Year 2014 Assessed Value $16,699 Land Value $1,236 Improvement Value $15,463 Tax Amount $1,496.3 Change Rate +0.022817% Assessed CR Tax Rate +0.089604%
Year 2013 Assessed Value $18,056 Land Value $1,236 Improvement Value $16,820 Tax Amount $1,462.92 Change Rate Assessed CR Tax Rate +0.081021%