Taxes
- Assessed Value: $34,391
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-09.0-228-001
- Assessed Land Value: 4437
- Market Land Value: 13311
- Tax Amount: 2784.44
- Tax Year: 2025
- Market Value: 103173
- Market Year: 2025
2448 S 5th St; Springfield, IL Property Details
Off market
2448 S 5th St Springfield, IL 62703
$62,000 Listing Price
3 Beds
1 Baths
1,580 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Open Loans / Balance: 1 / $163,201
- Est. Equity / %: $-59,201 / -56.92%
- Gross Yield: 11.608%
- APN: 22-09.0-228-001
- Situs County: Sangamon
- Length Of Ownership: 12 years
Rooms
- Bedrooms: 3
- Bathrooms: 1
Measurements
- Total: 1,580/SqFt
- Lot: 6,806/SqFt
Legal Description
- Description: PAYNES S SIDE 5TH PLAT N 15' L 20 & S 30' L 21 B 32
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: 39.771908 / -89.64965
- Subdivision: Paynes South Side Add
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 3412
Ownership Info
2448 S 5th St has no associated ownership info
2448 S 5th St has no associated ownership info.
Taxes
2448 S 5th St has 10 associated Taxes items
2448 S 5th 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 $34,391. The APN we've located for 2448 S 5th St is 22-09.0-228-001.
Unlock the full reportTax History
2448 S 5th 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 $34,391 | Land Value $4,437 | Improvement Value $29,954 | Tax Amount $2,784.44 | Change Rate +0.033517% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $32,075 | Land Value $4,138 | Improvement Value $27,937 | Tax Amount $2,694.14 | Change Rate +0.040096% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $29,298 | Land Value $3,780 | Improvement Value $25,518 | Tax Amount $2,590.28 | Change Rate +0.040098% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $27,792 | Land Value $3,586 | Improvement Value $24,206 | Tax Amount $2,490.42 | Change Rate +0.034262% | Assessed CR | Tax Rate +0.089609% |
| Year 2021 | Assessed Value $26,752 | Land Value $3,452 | Improvement Value $23,300 | Tax Amount $2,407.92 | Change Rate +0.020279% | Assessed CR | Tax Rate +0.090009% |
| Year 2020 | Assessed Value $26,792 | Land Value $3,457 | Improvement Value $23,335 | Tax Amount $2,360.06 | Change Rate -0.056535% | Assessed CR | Tax Rate +0.088088% |
| Year 2019 | Assessed Value $26,699 | Land Value $3,445 | Improvement Value $23,254 | Tax Amount $2,501.48 | Change Rate | Assessed CR | Tax Rate +0.093692% |
| Year 2018 | Assessed Value $29,606 | Land Value $3,427 | Improvement Value $26,179 | Tax Amount $2,501.48 | Change Rate +0.021154% | Assessed CR | Tax Rate +0.084492% |
| Year 2017 | Assessed Value $29,223 | Land Value $3,383 | Improvement Value $25,840 | Tax Amount $2,449.66 | Change Rate +0.020029% | Assessed CR | Tax Rate +0.083826% |
| Year 2016 | Assessed Value $28,797 | Land Value $3,334 | Improvement Value $25,463 | Tax Amount $2,401.56 | Change Rate +0.00978% | Assessed CR | Tax Rate +0.083396% |
| Year 2015 | Assessed Value $28,453 | Land Value $3,294 | Improvement Value $25,159 | Tax Amount $2,378.3 | Change Rate +0.348579% | Assessed CR | Tax Rate +0.083587% |
| Year 2014 | Assessed Value $28,270 | Land Value $3,273 | Improvement Value $24,997 | Tax Amount $1,763.56 | Change Rate +0.022816% | Assessed CR | Tax Rate +0.062383% |
| Year 2013 | Assessed Value $27,281 | Land Value $3,273 | Improvement Value $24,008 | Tax Amount $1,724.22 | Change Rate | Assessed CR | Tax Rate +0.063202% |