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2440 S 7th St; Springfield, IL Property Details

2440 S 7th St, Springfield, IL is a Single Family that was built in 1940. This property is currently Financed and is not for sale. Our records show that 2440 S 7th St has 2 bedrooms, and a total of 1,036 square feet. The lot size of 2440 S 7th St is 5,402 square feet.

Off market
2440 S 7th St Springfield, IL 62703
$111,000 Listing Price
2 Beds
1,036 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1940
  • Purchase Price: $111,000
  • Open Loans / Balance: 1 / $102,890
  • Est. Equity / %: $19,110 / 15.66%
  • Gross Yield: 11.42%
  • APN: 22-10.0-103-004
  • Situs County: Sangamon
  • Length Of Ownership: 1 year, 7 months

Rooms

  • Bedrooms: 2

Measurements

  • Total: 1,036/SqFt
  • Lot: 5,402/SqFt
  • Price Per Square Foot: $107.14

Legal Description

  • Description: HARVARD PARK 2ND PLAT L 895
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: 39.771557 / -89.64693
  • Subdivision: Harvard Park 2
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3431

Ownership Info

2440 S 7th St has no associated ownership info
2440 S 7th St has no associated ownership info.

Taxes

2440 S 7th St has 10 associated Taxes items

2440 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 $38,160. The APN we've located for 2440 S 7th St is 22-10.0-103-004.

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Taxes
  • Assessed Value:  $38,160
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-10.0-103-004
  • Assessed Land Value:  4236
  • Market Land Value:  12708
  • Tax Amount:  2603.8
  • Tax Year:  2025
  • Market Value:  114480
  • Market Year:  2025

Tax History

2440 S 7th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $38,160 Land Value $4,236 Improvement Value $33,924 Tax Amount $2,603.8 Change Rate +0.047596% Assessed CR Tax Rate +0.068234%
Year 2024 Assessed Value $35,591 Land Value $3,951 Improvement Value $31,640 Tax Amount $2,485.5 Change Rate +0.060503% Assessed CR Tax Rate +0.069835%
Year 2023 Assessed Value $32,509 Land Value $3,609 Improvement Value $28,900 Tax Amount $2,343.7 Change Rate +0.066715% Assessed CR Tax Rate +0.072094%
Year 2022 Assessed Value $30,519 Land Value $3,424 Improvement Value $27,095 Tax Amount $2,197.12 Change Rate +0.044229% Assessed CR Tax Rate +0.071992%
Year 2021 Assessed Value $29,376 Land Value $3,296 Improvement Value $26,080 Tax Amount $2,104.06 Change Rate +0.019893% Assessed CR Tax Rate +0.071625%
Year 2020 Assessed Value $29,420 Land Value $3,301 Improvement Value $26,119 Tax Amount $2,063.02 Change Rate -0.019058% Assessed CR Tax Rate +0.070123%
Year 2019 Assessed Value $29,317 Land Value $3,289 Improvement Value $26,028 Tax Amount $2,103.1 Change Rate Assessed CR Tax Rate +0.071737%
Year 2018 Assessed Value $30,891 Land Value $3,272 Improvement Value $27,619 Tax Amount $2,103.1 Change Rate +0.024363% Assessed CR Tax Rate +0.068081%
Year 2017 Assessed Value $30,492 Land Value $3,230 Improvement Value $27,262 Tax Amount $2,053.08 Change Rate +0.023766% Assessed CR Tax Rate +0.067332%
Year 2016 Assessed Value $30,047 Land Value $3,183 Improvement Value $26,864 Tax Amount $2,005.42 Change Rate +0.012828% Assessed CR Tax Rate +0.066743%
Year 2015 Assessed Value $29,688 Land Value $3,145 Improvement Value $26,543 Tax Amount $1,980.02 Change Rate +0.006271% Assessed CR Tax Rate +0.066694%
Year 2014 Assessed Value $29,497 Land Value $3,125 Improvement Value $26,372 Tax Amount $1,967.68 Change Rate +0.02283% Assessed CR Tax Rate +0.066708%
Year 2013 Assessed Value $29,744 Land Value $3,125 Improvement Value $26,619 Tax Amount $1,923.76 Change Rate Assessed CR Tax Rate +0.064677%