Taxes
- Assessed Value: $41,878
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-03.0-357-006
- Assessed Land Value: 4236
- Market Land Value: 12708
- Tax Amount: 2904.84
- Tax Year: 2025
- Market Value: 125634
- Market Year: 2025
2420 S 7th St; Springfield, IL Property Details
Off market
2420 S 7th St Springfield, IL 62703
$41,878 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $85,000
- Open Loans / Balance: 1 / $73,028
- Est. Equity / %: $62,972 / 46.3%
- Gross Yield: 11.841%
- APN: 22-03.0-357-006
- Situs County: Sangamon
- Length Of Ownership: 7 years, 7 months
Measurements
- Lot: 5,401/SqFt
Legal Description
- Description: HARVARD PARK 2ND PLAT L 890
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: 39.772106 / -89.64696
- Subdivision: Harvard Park Second Plat
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 3431
Ownership Info
2420 S 7th St has no associated ownership info
2420 S 7th St has no associated ownership info.
Taxes
2420 S 7th St has 10 associated Taxes items
2420 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 $41,878. The APN we've located for 2420 S 7th St is 22-03.0-357-006.
Unlock the full reportTax History
2420 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 $41,878 | Land Value $4,236 | Improvement Value $37,642 | Tax Amount $2,904.84 | Change Rate +0.046141% | Assessed CR | Tax Rate +0.069364% |
| Year 2024 | Assessed Value $39,058 | Land Value $3,951 | Improvement Value $35,107 | Tax Amount $2,776.72 | Change Rate +0.05833% | Assessed CR | Tax Rate +0.071092% |
| Year 2023 | Assessed Value $35,676 | Land Value $3,609 | Improvement Value $32,067 | Tax Amount $2,623.68 | Change Rate +0.06516% | Assessed CR | Tax Rate +0.073542% |
| Year 2022 | Assessed Value $33,488 | Land Value $3,424 | Improvement Value $30,064 | Tax Amount $2,463.18 | Change Rate +0.043146% | Assessed CR | Tax Rate +0.073554% |
| Year 2021 | Assessed Value $32,234 | Land Value $3,296 | Improvement Value $28,938 | Tax Amount $2,361.3 | Change Rate +0.019938% | Assessed CR | Tax Rate +0.073255% |
| Year 2020 | Assessed Value $32,282 | Land Value $3,301 | Improvement Value $28,981 | Tax Amount $2,315.14 | Change Rate +0.153613% | Assessed CR | Tax Rate +0.071716% |
| Year 2019 | Assessed Value $32,169 | Land Value $3,289 | Improvement Value $28,880 | Tax Amount $2,006.86 | Change Rate | Assessed CR | Tax Rate +0.062385% |
| Year 2018 | Assessed Value $29,752 | Land Value $3,272 | Improvement Value $26,480 | Tax Amount $2,006.86 | Change Rate +0.024504% | Assessed CR | Tax Rate +0.067453% |
| Year 2017 | Assessed Value $29,368 | Land Value $3,230 | Improvement Value $26,138 | Tax Amount $1,958.86 | Change Rate +0.023919% | Assessed CR | Tax Rate +0.0667% |
| Year 2016 | Assessed Value $28,940 | Land Value $3,183 | Improvement Value $25,757 | Tax Amount $1,913.1 | Change Rate +0.012994% | Assessed CR | Tax Rate +0.066106% |
| Year 2015 | Assessed Value $28,594 | Land Value $3,145 | Improvement Value $25,449 | Tax Amount $1,888.56 | Change Rate -0.004617% | Assessed CR | Tax Rate +0.066047% |
| Year 2014 | Assessed Value $28,410 | Land Value $3,125 | Improvement Value $25,285 | Tax Amount $1,897.32 | Change Rate +0.022825% | Assessed CR | Tax Rate +0.066784% |
| Year 2013 | Assessed Value $28,895 | Land Value $3,125 | Improvement Value $25,770 | Tax Amount $1,854.98 | Change Rate | Assessed CR | Tax Rate +0.064197% |