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2506 S Walnut St; Springfield, IL Property Details

2506 S Walnut St, Springfield, IL is a Single Family. This property is not for sale. The lot size of 2506 S Walnut St is 7,720 square feet.

Off market
2506 S Walnut St Springfield, IL 62704
$52,322 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $115,000
  • Est. Equity / %: $155,000 / 100%
  • Gross Yield: 10.761%
  • APN: 22-04.0-354-017
  • Situs County: Sangamon
  • Length Of Ownership: 20 years

Measurements

  • Lot: 7,720/SqFt

Legal Description

  • Description: FRED W WANLESS ROSEWOOD ADDN S5' L21 & N5' L23 & ALLL22
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: 39.77278 / -89.66365
  • Subdivision: Fred W Wanless Rosewood Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 4547

Ownership Info

2506 S Walnut St has no associated ownership info
2506 S Walnut St has no associated ownership info.

Taxes

2506 S Walnut St has 10 associated Taxes items

2506 S Walnut 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 $52,322. The APN we've located for 2506 S Walnut St is 22-04.0-354-017.

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Taxes
  • Assessed Value:  $52,322
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-04.0-354-017
  • Assessed Land Value:  9762
  • Market Land Value:  29286
  • Tax Amount:  3750.42
  • Tax Year:  2025
  • Market Value:  156966
  • Market Year:  2025

Tax History

2506 S Walnut St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $52,322 Land Value $9,762 Improvement Value $42,560 Tax Amount $3,750.42 Change Rate +0.043261% Assessed CR Tax Rate +0.07168%
Year 2024 Assessed Value $48,799 Land Value $9,105 Improvement Value $39,694 Tax Amount $3,594.9 Change Rate +0.054105% Assessed CR Tax Rate +0.073667%
Year 2023 Assessed Value $44,574 Land Value $8,317 Improvement Value $36,257 Tax Amount $3,410.38 Change Rate +0.058263% Assessed CR Tax Rate +0.076511%
Year 2022 Assessed Value $41,963 Land Value $7,891 Improvement Value $34,072 Tax Amount $3,222.62 Change Rate +0.041032% Assessed CR Tax Rate +0.076797%
Year 2021 Assessed Value $40,392 Land Value $7,596 Improvement Value $32,796 Tax Amount $3,095.6 Change Rate +0.020028% Assessed CR Tax Rate +0.076639%
Year 2020 Assessed Value $40,452 Land Value $7,607 Improvement Value $32,845 Tax Amount $3,034.82 Change Rate +0.052923% Assessed CR Tax Rate +0.075023%
Year 2019 Assessed Value $40,310 Land Value $7,580 Improvement Value $32,730 Tax Amount $2,882.28 Change Rate Assessed CR Tax Rate +0.071503%
Year 2018 Assessed Value $40,113 Land Value $7,543 Improvement Value $32,570 Tax Amount $2,882.28 Change Rate +0.023515% Assessed CR Tax Rate +0.071854%
Year 2017 Assessed Value $39,594 Land Value $7,445 Improvement Value $32,149 Tax Amount $2,816.06 Change Rate +0.022757% Assessed CR Tax Rate +0.071123%
Year 2016 Assessed Value $39,016 Land Value $7,336 Improvement Value $31,680 Tax Amount $2,753.4 Change Rate +0.012026% Assessed CR Tax Rate +0.070571%
Year 2015 Assessed Value $38,549 Land Value $7,248 Improvement Value $31,301 Tax Amount $2,720.68 Change Rate -0.00083% Assessed CR Tax Rate +0.070577%
Year 2014 Assessed Value $38,300 Land Value $7,201 Improvement Value $31,099 Tax Amount $2,722.94 Change Rate +0.022816% Assessed CR Tax Rate +0.071095%
Year 2013 Assessed Value $38,858 Land Value $7,202 Improvement Value $31,656 Tax Amount $2,662.2 Change Rate Assessed CR Tax Rate +0.068511%