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331 W Cedar St; Springfield, IL Property Details

331 W Cedar St, Springfield, IL is a Single Family. This property is not for sale. The lot size of 331 W Cedar St is 5,778 square feet.

Off market
331 W Cedar St Springfield, IL 62704
$53,998 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $75,000
  • Est. Equity / %: $168,000 / 100%
  • Gross Yield: 10.986%
  • APN: 22-04.0-202-021
  • Situs County: Sangamon
  • Length Of Ownership: 22 years, 3 months

Measurements

  • Lot: 5,778/SqFt

Legal Description

  • Description: PAYNES GRAND AVE SUB L 22 B 3
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: 39.78498 / -89.65822
  • Subdivision: Paynes Grand Ave Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3765

Ownership Info

331 W Cedar St has no associated ownership info
331 W Cedar St has no associated ownership info.

Taxes

331 W Cedar St has 10 associated Taxes items

331 W Cedar 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 $53,998. The APN we've located for 331 W Cedar St is 22-04.0-202-021.

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Taxes
  • Assessed Value:  $53,998
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-04.0-202-021
  • Assessed Land Value:  5483
  • Market Land Value:  16449
  • Tax Amount:  4371.9
  • Tax Year:  2025
  • Market Value:  161994
  • Market Year:  2025

Tax History

331 W Cedar St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $53,998 Land Value $5,483 Improvement Value $48,515 Tax Amount $4,371.9 Change Rate +0.033507% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $50,362 Land Value $5,114 Improvement Value $45,248 Tax Amount $4,230.16 Change Rate +0.040118% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $46,001 Land Value $4,671 Improvement Value $41,330 Tax Amount $4,067 Change Rate +0.040106% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $43,636 Land Value $4,431 Improvement Value $39,205 Tax Amount $3,910.18 Change Rate +0.034286% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $42,002 Land Value $4,265 Improvement Value $37,737 Tax Amount $3,780.56 Change Rate +0.020278% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $42,065 Land Value $4,271 Improvement Value $37,794 Tax Amount $3,705.42 Change Rate +0.56397% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $41,918 Land Value $4,256 Improvement Value $37,662 Tax Amount $2,369.24 Change Rate Assessed CR Tax Rate +0.056521%
Year 2018 Assessed Value $28,041 Land Value $4,235 Improvement Value $23,806 Tax Amount $2,369.24 Change Rate +0.021163% Assessed CR Tax Rate +0.084492%
Year 2017 Assessed Value $27,678 Land Value $4,180 Improvement Value $23,498 Tax Amount $2,320.14 Change Rate +0.020048% Assessed CR Tax Rate +0.083826%
Year 2016 Assessed Value $27,274 Land Value $4,119 Improvement Value $23,155 Tax Amount $2,274.54 Change Rate +0.009785% Assessed CR Tax Rate +0.083396%
Year 2015 Assessed Value $26,948 Land Value $4,070 Improvement Value $22,878 Tax Amount $2,252.5 Change Rate +0.028614% Assessed CR Tax Rate +0.083587%
Year 2014 Assessed Value $26,774 Land Value $4,044 Improvement Value $22,730 Tax Amount $2,189.84 Change Rate +0.022821% Assessed CR Tax Rate +0.08179%
Year 2013 Assessed Value $26,425 Land Value $4,044 Improvement Value $22,381 Tax Amount $2,140.98 Change Rate Assessed CR Tax Rate +0.081021%