Taxes
- Assessed Value: $18,542
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-03.0-109-003
- Assessed Land Value: 3294
- Market Land Value: 9882
- Tax Amount: 1501.24
- Tax Year: 2025
- Market Value: 55626
- Market Year: 2025
1612 S 7th St; Springfield, IL Property Details
Off market
1612 S 7th St Springfield, IL 62703
$47,000 Listing Price
4 Beds
2 Baths
1,591 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $25,000
- Est. Equity / %: $53,000 / 100%
- Gross Yield: 11.728%
- APN: 22-03.0-109-003
- Situs County: Sangamon
- Length Of Ownership: 14 years, 4 months
Rooms
- Bedrooms: 4
- Bathrooms: 2
Measurements
- Total: 1,591/SqFt
- Lot: 6,107/SqFt
- Price Per Square Foot: $15.71
Legal Description
- Description: L 14 B 8 ELIJAH ILES SUB LANDS #3 PT NW 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: 39.78463 / -89.6466
- Subdivision: Elijah Iles Sub
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 2833
Ownership Info
1612 S 7th St has no associated ownership info
1612 S 7th St has no associated ownership info.
Taxes
1612 S 7th St has 10 associated Taxes items
1612 S 7th 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 $18,542. The APN we've located for 1612 S 7th St is 22-03.0-109-003.
Unlock the full reportTax History
1612 S 7th 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 $18,542 | Land Value $3,294 | Improvement Value $15,248 | Tax Amount $1,501.24 | Change Rate +0.033527% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $17,293 | Land Value $3,072 | Improvement Value $14,221 | Tax Amount $1,452.54 | Change Rate +0.040099% | Assessed CR | Tax Rate +0.083996% |
| Year 2023 | Assessed Value $15,796 | Land Value $2,806 | Improvement Value $12,990 | Tax Amount $1,396.54 | Change Rate +0.040098% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $14,984 | Land Value $2,662 | Improvement Value $12,322 | Tax Amount $1,342.7 | Change Rate +0.034278% | Assessed CR | Tax Rate +0.089609% |
| Year 2021 | Assessed Value $14,423 | Land Value $2,562 | Improvement Value $11,861 | Tax Amount $1,298.2 | Change Rate +0.020245% | Assessed CR | Tax Rate +0.090009% |
| Year 2020 | Assessed Value $14,445 | Land Value $2,566 | Improvement Value $11,879 | Tax Amount $1,272.44 | Change Rate +0.525671% | Assessed CR | Tax Rate +0.088089% |
| Year 2019 | Assessed Value $14,395 | Land Value $2,557 | Improvement Value $11,838 | Tax Amount $834.02 | Change Rate | Assessed CR | Tax Rate +0.057938% |
| Year 2018 | Assessed Value $15,871 | Land Value $2,545 | Improvement Value $13,326 | Tax Amount $834.02 | Change Rate -0.211239% | Assessed CR | Tax Rate +0.05255% |
| Year 2017 | Assessed Value $18,614 | Land Value $2,513 | Improvement Value $16,101 | Tax Amount $1,057.38 | Change Rate +0.027301% | Assessed CR | Tax Rate +0.056806% |
| Year 2016 | Assessed Value $18,342 | Land Value $2,476 | Improvement Value $15,866 | Tax Amount $1,029.28 | Change Rate +0.01583% | Assessed CR | Tax Rate +0.056116% |
| Year 2015 | Assessed Value $18,122 | Land Value $2,446 | Improvement Value $15,676 | Tax Amount $1,013.24 | Change Rate +0.018475% | Assessed CR | Tax Rate +0.055912% |
| Year 2014 | Assessed Value $18,005 | Land Value $2,430 | Improvement Value $15,575 | Tax Amount $994.86 | Change Rate +0.022824% | Assessed CR | Tax Rate +0.055255% |
| Year 2013 | Assessed Value $18,005 | Land Value $2,430 | Improvement Value $15,575 | Tax Amount $972.66 | Change Rate | Assessed CR | Tax Rate +0.054022% |