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2508 S 7th St; Springfield, IL Property Details

2508 S 7th St, Springfield, IL is a Single Family that was built in 1937. This property is currently Financed and is not for sale. Our records show that 2508 S 7th St has 2 bedrooms, and 2 bathrooms, and a total of 1,305 square feet. The lot size of 2508 S 7th St is 5,402 square feet.

Off market  •   Bankruptcy ✓
2508 S 7th St Springfield, IL 62703
$84,500 Listing Price
2 Beds
2 Baths
1,305 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1937
  • Purchase Price: $119,000
  • Open Loans / Balance: 1 / $111,033
  • Est. Equity / %: $39,967 / 26.47%
  • Gross Yield: 9.759%
  • APN: 22-10.0-107-002
  • Situs County: Sangamon
  • Length Of Ownership: 3 years, 9 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2

Measurements

  • Total: 1,305/SqFt
  • Lot: 5,402/SqFt
  • Price Per Square Foot: $91.19

Legal Description

  • Description: HARVARD PARK 2ND PLAT L 899
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: 39.770985 / -89.647
  • Subdivision: Harvard Park Second Plat
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3825

Ownership Info

2508 S 7th St has no associated ownership info
2508 S 7th St has no associated ownership info.

Taxes

2508 S 7th St has 10 associated Taxes items

2508 S 7th 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 $46,940. The APN we've located for 2508 S 7th St is 22-10.0-107-002.

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Taxes
  • Assessed Value:  $46,940
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-10.0-107-002
  • Assessed Land Value:  4236
  • Market Land Value:  12708
  • Tax Amount:  3314.68
  • Tax Year:  2025
  • Market Value:  140820
  • Market Year:  2025

Tax History

2508 S 7th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $46,940 Land Value $4,236 Improvement Value $42,704 Tax Amount $3,314.68 Change Rate +0.044566% Assessed CR Tax Rate +0.070615%
Year 2024 Assessed Value $43,779 Land Value $3,951 Improvement Value $39,828 Tax Amount $3,173.26 Change Rate +0.056021% Assessed CR Tax Rate +0.072484%
Year 2023 Assessed Value $39,988 Land Value $3,609 Improvement Value $36,379 Tax Amount $3,004.92 Change Rate +0.180474% Assessed CR Tax Rate +0.075146%
Year 2022 Assessed Value $34,407 Land Value $3,424 Improvement Value $30,983 Tax Amount $2,545.52 Change Rate +0.042836% Assessed CR Tax Rate +0.073983%
Year 2021 Assessed Value $33,119 Land Value $3,296 Improvement Value $29,823 Tax Amount $2,440.96 Change Rate +0.019931% Assessed CR Tax Rate +0.073703%
Year 2020 Assessed Value $33,169 Land Value $3,301 Improvement Value $29,868 Tax Amount $2,393.26 Change Rate -0.0228% Assessed CR Tax Rate +0.072154%
Year 2019 Assessed Value $33,053 Land Value $3,289 Improvement Value $29,764 Tax Amount $2,449.1 Change Rate Assessed CR Tax Rate +0.074096%
Year 2018 Assessed Value $34,986 Land Value $3,272 Improvement Value $31,714 Tax Amount $2,449.1 Change Rate +0.023914% Assessed CR Tax Rate +0.070002%
Year 2017 Assessed Value $34,534 Land Value $3,230 Improvement Value $31,304 Tax Amount $2,391.9 Change Rate +0.023229% Assessed CR Tax Rate +0.069262%
Year 2016 Assessed Value $34,030 Land Value $3,183 Improvement Value $30,847 Tax Amount $2,337.6 Change Rate +0.012421% Assessed CR Tax Rate +0.068692%
Year 2015 Assessed Value $33,623 Land Value $3,145 Improvement Value $30,478 Tax Amount $2,308.92 Change Rate -0.004398% Assessed CR Tax Rate +0.068671%
Year 2014 Assessed Value $33,406 Land Value $3,125 Improvement Value $30,281 Tax Amount $2,319.12 Change Rate +0.022819% Assessed CR Tax Rate +0.069422%
Year 2013 Assessed Value $33,985 Land Value $3,125 Improvement Value $30,860 Tax Amount $2,267.38 Change Rate Assessed CR Tax Rate +0.066717%