Taxes
- Assessed Value: $59,401
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-03.0-109-005
- Assessed Land Value: 4932
- Market Land Value: 14796
- Tax Amount: 4809.34
- Tax Year: 2025
- Market Value: 178203
- Market Year: 2025
1616 S 7th St; Springfield, IL Property Details
Off market
1616 S 7th St Springfield, IL 62703
$100,000 Listing Price
8 Beds
4 Baths
2,664 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1910
- Purchase Price: $100,000
- Open Loans / Balance: 1 / $99,459
- Est. Equity / %: $65,541 / 39.72%
- Gross Yield: 6.655%
- APN: 22-03.0-109-005
- Situs County: Sangamon
- Length Of Ownership: 10 months
Rooms
- Bedrooms: 8
- Bathrooms: 4
Measurements
- Total: 2,664/SqFt
- Lot: 6,108/SqFt
- Price Per Square Foot: $37.54
Legal Description
- Description: L 12 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: 39.784416 / -89.64664
- Subdivision: Elijah Iles Sub
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 2882
Ownership Info
1616 S 7th St has no associated ownership info
1616 S 7th St has no associated ownership info.
Taxes
1616 S 7th St has 10 associated Taxes items
1616 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 $59,401. The APN we've located for 1616 S 7th St is 22-03.0-109-005.
Unlock the full reportTax History
1616 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 $59,401 | Land Value $4,932 | Improvement Value $54,469 | Tax Amount $4,809.34 | Change Rate +0.324851% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $43,218 | Land Value $4,599 | Improvement Value $38,619 | Tax Amount $3,630.1 | Change Rate +0.040108% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $39,476 | Land Value $4,201 | Improvement Value $35,275 | Tax Amount $3,490.12 | Change Rate +0.040119% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $37,446 | Land Value $3,985 | Improvement Value $33,461 | Tax Amount $3,355.5 | Change Rate +0.352174% | Assessed CR | Tax Rate +0.089609% |
| Year 2021 | Assessed Value $27,570 | Land Value $3,836 | Improvement Value $23,734 | Tax Amount $2,481.56 | Change Rate +0.290369% | Assessed CR | Tax Rate +0.090009% |
| Year 2020 | Assessed Value $21,832 | Land Value $3,842 | Improvement Value $17,990 | Tax Amount $1,923.14 | Change Rate -0.051182% | Assessed CR | Tax Rate +0.088088% |
| Year 2019 | Assessed Value $21,756 | Land Value $3,829 | Improvement Value $17,927 | Tax Amount $2,026.88 | Change Rate | Assessed CR | Tax Rate +0.093164% |
| Year 2018 | Assessed Value $23,989 | Land Value $3,806 | Improvement Value $20,183 | Tax Amount $2,026.88 | Change Rate +0.137329% | Assessed CR | Tax Rate +0.084492% |
| Year 2017 | Assessed Value $21,260 | Land Value $3,757 | Improvement Value $17,503 | Tax Amount $1,782.14 | Change Rate +0.020021% | Assessed CR | Tax Rate +0.083826% |
| Year 2016 | Assessed Value $20,950 | Land Value $3,702 | Improvement Value $17,248 | Tax Amount $1,747.16 | Change Rate +0.009767% | Assessed CR | Tax Rate +0.083397% |
| Year 2015 | Assessed Value $20,700 | Land Value $3,658 | Improvement Value $17,042 | Tax Amount $1,730.26 | Change Rate +0.015232% | Assessed CR | Tax Rate +0.083587% |
| Year 2014 | Assessed Value $20,566 | Land Value $3,634 | Improvement Value $16,932 | Tax Amount $1,704.3 | Change Rate +0.022817% | Assessed CR | Tax Rate +0.08287% |
| Year 2013 | Assessed Value $20,566 | Land Value $3,634 | Improvement Value $16,932 | Tax Amount $1,666.28 | Change Rate | Assessed CR | Tax Rate +0.081021% |