Taxes
- Assessed Value: $325,237
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-28.0-436-024
- Assessed Land Value: 114946
- Market Land Value: 344838
- Tax Amount: 26332.5
- Tax Year: 2025
- Market Value: 975711
- Market Year: 2025
501 N 1st St; Springfield, IL Property Details
Off market
501 N 1st St Springfield, IL 62702
$325,237 Estimated Value
Property Type
GeneralProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Purchase Price: $23,000
- APN: 14-28.0-436-024
- Situs County: Sangamon
- Length Of Ownership: 10 years, 5 months
Measurements
- Lot: 39,204/SqFt
Legal Description
- Description: E 40' L 8 ALL LOTS 9 & 10 S 80' LOTS 1 & 2 & PT VAC ALLEY BLK 14 MASONS ADDN (39,233 SQ FT) 28-16-5
Building Insights
Land Information
- Property Type: General
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Springfield School District 186
- Lat / Lon: 39.806583 / -89.655045
- Subdivision: Masons Add
- Property Class: Commercial
- County Use Code: 60
Amenities
- Plus Four: 5115
Ownership Info
501 N 1st St has no associated ownership info
501 N 1st St has no associated ownership info.
Taxes
501 N 1st St has 10 associated Taxes items
501 N 1st 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 $325,237. The APN we've located for 501 N 1st St is 14-28.0-436-024.
Unlock the full reportTax History
501 N 1st 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 $325,237 | Land Value $114,946 | Improvement Value $210,291 | Tax Amount $26,332.5 | Change Rate +0.03351% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $303,336 | Land Value $107,206 | Improvement Value $196,130 | Tax Amount $25,478.72 | Change Rate +0.040116% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $277,070 | Land Value $97,923 | Improvement Value $179,147 | Tax Amount $24,496.04 | Change Rate +0.04011% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $262,824 | Land Value $92,888 | Improvement Value $169,936 | Tax Amount $23,551.4 | Change Rate +0.034283% | Assessed CR | Tax Rate +0.089609% |
| Year 2021 | Assessed Value $252,983 | Land Value $89,410 | Improvement Value $163,573 | Tax Amount $22,770.76 | Change Rate +0.020276% | Assessed CR | Tax Rate +0.090009% |
| Year 2020 | Assessed Value $253,363 | Land Value $89,544 | Improvement Value $163,819 | Tax Amount $22,318.24 | Change Rate -0.030834% | Assessed CR | Tax Rate +0.088088% |
| Year 2019 | Assessed Value $252,480 | Land Value $89,232 | Improvement Value $163,248 | Tax Amount $23,028.3 | Change Rate | Assessed CR | Tax Rate +0.091208% |
| Year 2018 | Assessed Value $272,550 | Land Value $88,768 | Improvement Value $183,782 | Tax Amount $23,028.3 | Change Rate +0.021148% | Assessed CR | Tax Rate +0.084492% |
| Year 2017 | Assessed Value $269,026 | Land Value $87,620 | Improvement Value $181,406 | Tax Amount $22,551.38 | Change Rate +0.020034% | Assessed CR | Tax Rate +0.083826% |
| Year 2016 | Assessed Value $265,102 | Land Value $86,342 | Improvement Value $178,760 | Tax Amount $22,108.46 | Change Rate +0.009786% | Assessed CR | Tax Rate +0.083396% |
| Year 2015 | Assessed Value $261,933 | Land Value $85,310 | Improvement Value $176,623 | Tax Amount $21,894.2 | Change Rate +0.01521% | Assessed CR | Tax Rate +0.083587% |
| Year 2014 | Assessed Value $260,241 | Land Value $84,759 | Improvement Value $175,482 | Tax Amount $21,566.18 | Change Rate +0.022821% | Assessed CR | Tax Rate +0.08287% |
| Year 2013 | Assessed Value $260,241 | Land Value $84,759 | Improvement Value $175,482 | Tax Amount $21,085 | Change Rate | Assessed CR | Tax Rate +0.081021% |