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2501 S 5th St; Springfield, IL Property Details

2501 S 5th St, Springfield, IL is a Single Family. This property is not for sale. The lot size of 2501 S 5th St is 6,169 square feet.

Off market
2501 S 5th St Springfield, IL 62703
$38,066 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $90,000
  • Est. Equity / %: $113,000 / 100%
  • Gross Yield: 12.988%
  • APN: 22-09.0-230-013
  • Situs County: Sangamon
  • Length Of Ownership: 19 years, 8 months

Measurements

  • Lot: 6,169/SqFt

Legal Description

  • Description: PAYNES S SIDE ADDN 6TH PLAT L 1 B 34
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: 39.77099 / -89.65035
  • Subdivision: Paynes S Side Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3801

Ownership Info

2501 S 5th St has no associated ownership info
2501 S 5th St has no associated ownership info.

Taxes

2501 S 5th St has 10 associated Taxes items

2501 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 $38,066. The APN we've located for 2501 S 5th St is 22-09.0-230-013.

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Taxes
  • Assessed Value:  $38,066
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-09.0-230-013
  • Assessed Land Value:  3945
  • Market Land Value:  11835
  • Tax Amount:  2596.2
  • Tax Year:  2025
  • Market Value:  114198
  • Market Year:  2025

Tax History

2501 S 5th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $38,066 Land Value $3,945 Improvement Value $34,121 Tax Amount $2,596.2 Change Rate +0.047691% Assessed CR Tax Rate +0.068203%
Year 2024 Assessed Value $35,502 Land Value $3,679 Improvement Value $31,823 Tax Amount $2,478.02 Change Rate +0.060596% Assessed CR Tax Rate +0.069799%
Year 2023 Assessed Value $32,427 Land Value $3,360 Improvement Value $29,067 Tax Amount $2,336.44 Change Rate +0.053058% Assessed CR Tax Rate +0.072052%
Year 2022 Assessed Value $30,760 Land Value $3,187 Improvement Value $27,573 Tax Amount $2,218.72 Change Rate +0.044094% Assessed CR Tax Rate +0.07213%
Year 2021 Assessed Value $29,609 Land Value $3,068 Improvement Value $26,541 Tax Amount $2,125.02 Change Rate +0.019859% Assessed CR Tax Rate +0.071769%
Year 2020 Assessed Value $29,654 Land Value $3,073 Improvement Value $26,581 Tax Amount $2,083.64 Change Rate -0.082081% Assessed CR Tax Rate +0.070265%
Year 2019 Assessed Value $29,550 Land Value $3,062 Improvement Value $26,488 Tax Amount $2,269.96 Change Rate Assessed CR Tax Rate +0.076818%
Year 2018 Assessed Value $32,866 Land Value $3,046 Improvement Value $29,820 Tax Amount $2,269.96 Change Rate +0.024147% Assessed CR Tax Rate +0.069067%
Year 2017 Assessed Value $32,441 Land Value $3,007 Improvement Value $29,434 Tax Amount $2,216.44 Change Rate +0.023457% Assessed CR Tax Rate +0.068322%
Year 2016 Assessed Value $31,968 Land Value $2,963 Improvement Value $29,005 Tax Amount $2,165.64 Change Rate +0.012615% Assessed CR Tax Rate +0.067744%
Year 2015 Assessed Value $31,586 Land Value $2,928 Improvement Value $28,658 Tax Amount $2,138.66 Change Rate +0.064042% Assessed CR Tax Rate +0.067709%
Year 2014 Assessed Value $31,382 Land Value $2,909 Improvement Value $28,473 Tax Amount $2,009.94 Change Rate +0.022829% Assessed CR Tax Rate +0.064048%
Year 2013 Assessed Value $30,254 Land Value $2,910 Improvement Value $27,344 Tax Amount $1,965.08 Change Rate Assessed CR Tax Rate +0.064953%