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1624 S 16th St; Springfield, IL Property Details

1624 S 16th St, Springfield, IL is a Single Family. This property is currently Financed and is not for sale. The lot size of 1624 S 16th St is 5,610 square feet.

Off market
1624 S 16th St Springfield, IL 62703
$10,258 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $700,000
  • Est. Equity / %: $54,000 / 100%
  • Gross Yield: 8.867%
  • APN: 22-03.0-230-056
  • Situs County: Sangamon
  • Length Of Ownership: 3 years, 7 months

Measurements

  • Lot: 5,610/SqFt

Legal Description

  • Description: S32' N950' NE 3-15-5 & S32' N950' OUT L 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: 39.784595 / -89.633446
  • Subdivision: Hornsbys Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3045

Ownership Info

1624 S 16th St has no associated ownership info
1624 S 16th St has no associated ownership info.

Taxes

1624 S 16th St has 10 associated Taxes items

1624 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 $10,258. The APN we've located for 1624 S 16th St is 22-03.0-230-056.

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Taxes
  • Assessed Value:  $10,258
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-03.0-230-056
  • Assessed Land Value:  1341
  • Market Land Value:  4023
  • Tax Amount:  830.54
  • Tax Year:  2025
  • Market Value:  30774
  • Market Year:  2025

Tax History

1624 S 16th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $10,258 Land Value $1,341 Improvement Value $8,917 Tax Amount $830.54 Change Rate +0.033447% Assessed CR Tax Rate +0.080965%
Year 2024 Assessed Value $9,568 Land Value $1,251 Improvement Value $8,317 Tax Amount $803.66 Change Rate +0.04004% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $8,740 Land Value $1,143 Improvement Value $7,597 Tax Amount $772.72 Change Rate +0.067617% Assessed CR Tax Rate +0.088412%
Year 2022 Assessed Value $8,077 Land Value $1,084 Improvement Value $6,993 Tax Amount $723.78 Change Rate +0.034356% Assessed CR Tax Rate +0.08961%
Year 2021 Assessed Value $7,774 Land Value $1,043 Improvement Value $6,731 Tax Amount $699.74 Change Rate +0.020237% Assessed CR Tax Rate +0.09001%
Year 2020 Assessed Value $7,786 Land Value $1,045 Improvement Value $6,741 Tax Amount $685.86 Change Rate -0.055783% Assessed CR Tax Rate +0.088089%
Year 2019 Assessed Value $7,758 Land Value $1,041 Improvement Value $6,717 Tax Amount $726.38 Change Rate Assessed CR Tax Rate +0.09363%
Year 2018 Assessed Value $8,597 Land Value $1,035 Improvement Value $7,562 Tax Amount $726.38 Change Rate +0.021114% Assessed CR Tax Rate +0.084492%
Year 2017 Assessed Value $8,486 Land Value $1,022 Improvement Value $7,464 Tax Amount $711.36 Change Rate +0.020076% Assessed CR Tax Rate +0.083827%
Year 2016 Assessed Value $8,362 Land Value $1,007 Improvement Value $7,355 Tax Amount $697.36 Change Rate +0.009789% Assessed CR Tax Rate +0.083396%
Year 2015 Assessed Value $8,262 Land Value $995 Improvement Value $7,267 Tax Amount $690.6 Change Rate -0.05751% Assessed CR Tax Rate +0.083588%
Year 2014 Assessed Value $8,209 Land Value $989 Improvement Value $7,220 Tax Amount $732.74 Change Rate +0.022808% Assessed CR Tax Rate +0.089261%
Year 2013 Assessed Value $8,842 Land Value $990 Improvement Value $7,852 Tax Amount $716.4 Change Rate Assessed CR Tax Rate +0.081022%