Taxes
- Assessed Value: $27,584
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-09.0-231-005
- Assessed Land Value: 3945
- Market Land Value: 11835
- Tax Amount: 2233.32
- Tax Year: 2025
- Market Value: 82752
- Market Year: 2025
2516 S 5th St; Springfield, IL Property Details
Off market
2516 S 5th St Springfield, IL 62703
$64,000 Listing Price
2 Beds
1 Baths
1,508 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1940
- Purchase Price: $45,000
- Open Loans / Balance: 1 / $248,919
- Est. Equity / %: $-156,919 / -170.56%
- Gross Yield: 10.291%
- APN: 22-09.0-231-005
- Situs County: Sangamon
- Length Of Ownership: 16 years, 1 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
Measurements
- Total: 1,508/SqFt
- Lot: 6,076/SqFt
- Price Per Square Foot: $29.84
Legal Description
- Description: PAYNES S SIDE ADDN 6TH PLAT L 32 B 33
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: 39.770546 / -89.64957
- Subdivision: Paynes S Side Add
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 3802
Ownership Info
2516 S 5th St has no associated ownership info
2516 S 5th St has no associated ownership info.
Taxes
2516 S 5th St has 10 associated Taxes items
2516 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 $27,584. The APN we've located for 2516 S 5th St is 22-09.0-231-005.
Unlock the full reportTax History
2516 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 $27,584 | Land Value $3,945 | Improvement Value $23,639 | Tax Amount $2,233.32 | Change Rate +0.033533% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $25,726 | Land Value $3,679 | Improvement Value $22,047 | Tax Amount $2,160.86 | Change Rate +0.040135% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $23,498 | Land Value $3,360 | Improvement Value $20,138 | Tax Amount $2,077.48 | Change Rate +0.423185% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $22,290 | Land Value $3,187 | Improvement Value $19,103 | Tax Amount $1,459.74 | Change Rate +0.454881% | Assessed CR | Tax Rate +0.065489% |
| Year 2021 | Assessed Value $17,147 | Land Value $3,068 | Improvement Value $14,079 | Tax Amount $1,003.34 | Change Rate +0.019427% | Assessed CR | Tax Rate +0.058514% |
| Year 2020 | Assessed Value $17,173 | Land Value $3,073 | Improvement Value $14,100 | Tax Amount $984.22 | Change Rate -0.094487% | Assessed CR | Tax Rate +0.057312% |
| Year 2019 | Assessed Value $17,113 | Land Value $3,062 | Improvement Value $14,051 | Tax Amount $1,086.92 | Change Rate | Assessed CR | Tax Rate +0.063514% |
| Year 2018 | Assessed Value $18,864 | Land Value $3,046 | Improvement Value $15,818 | Tax Amount $1,086.92 | Change Rate +0.027451% | Assessed CR | Tax Rate +0.057619% |
| Year 2017 | Assessed Value $18,620 | Land Value $3,007 | Improvement Value $15,613 | Tax Amount $1,057.88 | Change Rate -0.243593% | Assessed CR | Tax Rate +0.056814% |
| Year 2016 | Assessed Value $18,348 | Land Value $2,963 | Improvement Value $15,385 | Tax Amount $1,398.56 | Change Rate -0.077077% | Assessed CR | Tax Rate +0.076224% |
| Year 2015 | Assessed Value $18,129 | Land Value $2,928 | Improvement Value $15,201 | Tax Amount $1,515.36 | Change Rate +0.050015% | Assessed CR | Tax Rate +0.083588% |
| Year 2014 | Assessed Value $18,012 | Land Value $2,909 | Improvement Value $15,103 | Tax Amount $1,443.18 | Change Rate +0.022821% | Assessed CR | Tax Rate +0.080123% |
| Year 2013 | Assessed Value $17,415 | Land Value $2,909 | Improvement Value $14,506 | Tax Amount $1,410.98 | Change Rate | Assessed CR | Tax Rate +0.081021% |