Taxes
- Assessed Value: $26,663
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-09.0-230-014
- Assessed Land Value: 3945
- Market Land Value: 11835
- Tax Amount: 744.8
- Tax Year: 2025
- Market Value: 79989
- Market Year: 2025
2505 S 5th St; Springfield, IL Property Details
Off market
2505 S 5th St Springfield, IL 62703
$101,000 Listing Price
2 Beds
1,192 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1940
- Purchase Price: $101,000
- Open Loans / Balance: 2 / $104,377
- Est. Equity / %: $-8,377 / -8.73%
- Gross Yield: 9.463%
- APN: 22-09.0-230-014
- Situs County: Sangamon
- Length Of Ownership: 2 months
Rooms
- Bedrooms: 2
Measurements
- Total: 1,192/SqFt
- Lot: 6,170/SqFt
- Price Per Square Foot: $84.73
Legal Description
- Description: PAYNES S SIDE ADDN 6TH PLAT L 2 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: 39.77088 / -89.65036
- Subdivision: Paynes S Side Add
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 3801
Ownership Info
2505 S 5th St has no associated ownership info
2505 S 5th St has no associated ownership info.
Taxes
2505 S 5th St has 10 associated Taxes items
2505 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 $26,663. The APN we've located for 2505 S 5th St is 22-09.0-230-014.
Unlock the full reportTax History
2505 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 $26,663 | Land Value $3,945 | Improvement Value $22,718 | Tax Amount $744.8 | Change Rate -0.036082% | Assessed CR | Tax Rate +0.027934% |
| Year 2024 | Assessed Value $24,867 | Land Value $3,679 | Improvement Value $21,188 | Tax Amount $772.68 | Change Rate -0.049945% | Assessed CR | Tax Rate +0.031073% |
| Year 2023 | Assessed Value $22,713 | Land Value $3,360 | Improvement Value $19,353 | Tax Amount $813.3 | Change Rate -0.013369% | Assessed CR | Tax Rate +0.035808% |
| Year 2022 | Assessed Value $21,545 | Land Value $3,187 | Improvement Value $18,358 | Tax Amount $824.32 | Change Rate -0.004444% | Assessed CR | Tax Rate +0.03826% |
| Year 2021 | Assessed Value $20,739 | Land Value $3,068 | Improvement Value $17,671 | Tax Amount $828 | Change Rate +0.021819% | Assessed CR | Tax Rate +0.039925% |
| Year 2020 | Assessed Value $20,771 | Land Value $3,073 | Improvement Value $17,698 | Tax Amount $810.32 | Change Rate +0.042561% | Assessed CR | Tax Rate +0.039012% |
| Year 2019 | Assessed Value $20,698 | Land Value $3,062 | Improvement Value $17,636 | Tax Amount $777.24 | Change Rate | Assessed CR | Tax Rate +0.037551% |
| Year 2018 | Assessed Value $22,901 | Land Value $3,046 | Improvement Value $19,855 | Tax Amount $777.24 | Change Rate +0.007937% | Assessed CR | Tax Rate +0.033939% |
| Year 2017 | Assessed Value $22,605 | Land Value $3,007 | Improvement Value $19,598 | Tax Amount $771.12 | Change Rate +0.005162% | Assessed CR | Tax Rate +0.034113% |
| Year 2016 | Assessed Value $22,275 | Land Value $2,963 | Improvement Value $19,312 | Tax Amount $767.16 | Change Rate -0.002289% | Assessed CR | Tax Rate +0.03444% |
| Year 2015 | Assessed Value $22,009 | Land Value $2,928 | Improvement Value $19,081 | Tax Amount $768.92 | Change Rate +0.008658% | Assessed CR | Tax Rate +0.034937% |
| Year 2014 | Assessed Value $21,867 | Land Value $2,909 | Improvement Value $18,958 | Tax Amount $762.32 | Change Rate +0.022809% | Assessed CR | Tax Rate +0.034862% |
| Year 2013 | Assessed Value $21,118 | Land Value $2,910 | Improvement Value $18,208 | Tax Amount $745.32 | Change Rate | Assessed CR | Tax Rate +0.035293% |