Taxes
- Assessed Value: $63,988
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-04.0-351-036
- Assessed Land Value: 12293
- Market Land Value: 36879
- Tax Amount: 4694.94
- Tax Year: 2025
- Market Value: 191964
- Market Year: 2025
2505 S State St; Springfield, IL Property Details
Off market
2505 S State St Springfield, IL 62704
$63,988 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $150,000
- Open Loans / Balance: 1 / $117,682
- Est. Equity / %: $82,318 / 41.16%
- Gross Yield: 8.25%
- APN: 22-04.0-351-036
- Situs County: Sangamon
- Length Of Ownership: 1 year, 9 months
Measurements
- Lot: 8,457/SqFt
Legal Description
- Description: CHAS S WANLESS S STATE ST 2ND ADDN N 8' L 24 ALL L25 &S 7' L 26
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: 39.772717 / -89.66711
- Subdivision: Chas S Wanless S State St 2nd
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 4515
Ownership Info
2505 S State St has no associated ownership info
2505 S State St has no associated ownership info.
Taxes
2505 S State St has 10 associated Taxes items
2505 S State 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 $63,988. The APN we've located for 2505 S State St is 22-04.0-351-036.
Unlock the full reportTax History
2505 S State 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 $63,988 | Land Value $12,293 | Improvement Value $51,695 | Tax Amount $4,694.94 | Change Rate +0.061742% | Assessed CR | Tax Rate +0.073372% |
| Year 2024 | Assessed Value $54,667 | Land Value $11,465 | Improvement Value $43,202 | Tax Amount $4,421.92 | Change Rate +0.001649% | Assessed CR | Tax Rate +0.080888% |
| Year 2023 | Assessed Value $49,933 | Land Value $10,472 | Improvement Value $39,461 | Tax Amount $4,414.64 | Change Rate +0.203831% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $46,924 | Land Value $9,934 | Improvement Value $36,990 | Tax Amount $3,667.16 | Change Rate +0.040217% | Assessed CR | Tax Rate +0.078151% |
| Year 2021 | Assessed Value $45,167 | Land Value $9,562 | Improvement Value $35,605 | Tax Amount $3,525.38 | Change Rate +0.020063% | Assessed CR | Tax Rate +0.078052% |
| Year 2020 | Assessed Value $45,234 | Land Value $9,576 | Improvement Value $35,658 | Tax Amount $3,456.04 | Change Rate +0.052669% | Assessed CR | Tax Rate +0.076404% |
| Year 2019 | Assessed Value $45,077 | Land Value $9,543 | Improvement Value $35,534 | Tax Amount $3,283.12 | Change Rate | Assessed CR | Tax Rate +0.072834% |
| Year 2018 | Assessed Value $44,857 | Land Value $9,496 | Improvement Value $35,361 | Tax Amount $3,283.12 | Change Rate +0.023219% | Assessed CR | Tax Rate +0.073191% |
| Year 2017 | Assessed Value $44,277 | Land Value $9,373 | Improvement Value $34,904 | Tax Amount $3,208.62 | Change Rate +0.022414% | Assessed CR | Tax Rate +0.072467% |
| Year 2016 | Assessed Value $43,631 | Land Value $9,236 | Improvement Value $34,395 | Tax Amount $3,138.28 | Change Rate +0.011722% | Assessed CR | Tax Rate +0.071928% |
| Year 2015 | Assessed Value $43,110 | Land Value $9,126 | Improvement Value $33,984 | Tax Amount $3,101.92 | Change Rate +0.002307% | Assessed CR | Tax Rate +0.071954% |
| Year 2014 | Assessed Value $42,832 | Land Value $9,067 | Improvement Value $33,765 | Tax Amount $3,094.78 | Change Rate +0.022818% | Assessed CR | Tax Rate +0.072254% |
| Year 2013 | Assessed Value $43,345 | Land Value $9,068 | Improvement Value $34,277 | Tax Amount $3,025.74 | Change Rate | Assessed CR | Tax Rate +0.069806% |