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16 Salem Rd; Springfield, IL Property Details

16 Salem Rd, Springfield, IL is a Single Family. This property is currently Financed and is not for sale. The lot size of 16 Salem Rd is 5,979 square feet.

Off market
16 Salem Rd Springfield, IL 62702
$27,231 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $64,000
  • Open Loans / Balance: 1 / $50,253
  • Est. Equity / %: $23,747 / 32.09%
  • Gross Yield: 14.141%
  • APN: 14-20.0-480-008
  • Situs County: Sangamon
  • Length Of Ownership: 2 years, 5 months

Measurements

  • Lot: 5,979/SqFt

Legal Description

  • Description: L 49 LINCOLN ACRES 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: 39.81726 / -89.673485
  • Subdivision: Lincoln Acres Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 1614

Ownership Info

16 Salem Rd has no associated ownership info
16 Salem Rd has no associated ownership info.

Taxes

16 Salem Rd has 10 associated Taxes items

16 Salem Rd, 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 $27,231. The APN we've located for 16 Salem Rd is 14-20.0-480-008.

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Taxes
  • Assessed Value:  $27,231
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-20.0-480-008
  • Assessed Land Value:  3137
  • Market Land Value:  9411
  • Tax Amount:  2204.74
  • Tax Year:  2025
  • Market Value:  81693
  • Market Year:  2025

Tax History

16 Salem Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $27,231 Land Value $3,137 Improvement Value $24,094 Tax Amount $2,204.74 Change Rate +0.033478% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $25,398 Land Value $2,926 Improvement Value $22,472 Tax Amount $2,133.32 Change Rate -0.058984% Assessed CR Tax Rate +0.083996%
Year 2023 Assessed Value $25,642 Land Value $2,673 Improvement Value $22,969 Tax Amount $2,267.04 Change Rate +0.040089% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $24,324 Land Value $2,536 Improvement Value $21,788 Tax Amount $2,179.66 Change Rate +0.034299% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $23,413 Land Value $2,441 Improvement Value $20,972 Tax Amount $2,107.38 Change Rate +0.020236% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $23,449 Land Value $2,445 Improvement Value $21,004 Tax Amount $2,065.58 Change Rate +0.416974% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $23,367 Land Value $2,436 Improvement Value $20,931 Tax Amount $1,457.74 Change Rate Assessed CR Tax Rate +0.062385%
Year 2018 Assessed Value $23,253 Land Value $2,424 Improvement Value $20,829 Tax Amount $1,457.74 Change Rate +0.025783% Assessed CR Tax Rate +0.06269%
Year 2017 Assessed Value $22,953 Land Value $2,393 Improvement Value $20,560 Tax Amount $1,421.1 Change Rate +0.025413% Assessed CR Tax Rate +0.061913%
Year 2016 Assessed Value $22,618 Land Value $2,358 Improvement Value $20,260 Tax Amount $1,385.88 Change Rate +0.014197% Assessed CR Tax Rate +0.061273%
Year 2015 Assessed Value $22,348 Land Value $2,330 Improvement Value $20,018 Tax Amount $1,366.48 Change Rate +0.011998% Assessed CR Tax Rate +0.061146%
Year 2014 Assessed Value $22,204 Land Value $2,315 Improvement Value $19,889 Tax Amount $1,350.28 Change Rate +0.022815% Assessed CR Tax Rate +0.060812%
Year 2013 Assessed Value $22,294 Land Value $2,315 Improvement Value $19,979 Tax Amount $1,320.16 Change Rate Assessed CR Tax Rate +0.059216%