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503 S New St; Springfield, IL Property Details

503 S New St, Springfield, IL is a Single Family that was built in 1920. This property is currently Financed,Bank Sale and is not for sale. Our records show that 503 S New St has 3 bedrooms, and 2 bathrooms, and a total of 1,856 square feet. The lot size of 503 S New St is 6,596 square feet.

Off market
503 S New St Springfield, IL 62704
$29,000 Listing Price
3 Beds
2 Baths
1,856 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1920
  • Purchase Price: $43,000
  • Open Loans / Balance: 1 / $47,741
  • Est. Equity / %: $29,259 / 38%
  • Gross Yield: 5.844%
  • APN: 14-33.0-251-029
  • Situs County: Sangamon
  • Length Of Ownership: 10 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,856/SqFt
  • Lot: 6,596/SqFt
  • Price Per Square Foot: $23.17

Legal Description

  • Description: N 14' 2'' L3&S 14' 2'' L4 JAMES BROWNS 2ND ADDN.
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: 39.797256 / -89.661804
  • Subdivision: James Browns 2nd Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 1926

Ownership Info

503 S New St has no associated ownership info
503 S New St has no associated ownership info.

Taxes

503 S New St has 10 associated Taxes items

503 S New 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 $18,463. The APN we've located for 503 S New St is 14-33.0-251-029.

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Taxes
  • Assessed Value:  $18,463
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-33.0-251-029
  • Assessed Land Value:  3874
  • Market Land Value:  11622
  • Tax Amount:  1494.84
  • Tax Year:  2025
  • Market Value:  55389
  • Market Year:  2025

Tax History

503 S New St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $18,463 Land Value $3,874 Improvement Value $14,589 Tax Amount $1,494.84 Change Rate +0.03349% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $17,220 Land Value $3,613 Improvement Value $13,607 Tax Amount $1,446.4 Change Rate +0.040112% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $15,729 Land Value $3,300 Improvement Value $12,429 Tax Amount $1,390.62 Change Rate +0.04012% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $14,920 Land Value $3,130 Improvement Value $11,790 Tax Amount $1,336.98 Change Rate +0.034238% Assessed CR Tax Rate +0.08961%
Year 2021 Assessed Value $14,362 Land Value $3,013 Improvement Value $11,349 Tax Amount $1,292.72 Change Rate +0.020252% Assessed CR Tax Rate +0.09001%
Year 2020 Assessed Value $14,384 Land Value $3,018 Improvement Value $11,366 Tax Amount $1,267.06 Change Rate +0.144217% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $14,333 Land Value $3,007 Improvement Value $11,326 Tax Amount $1,107.36 Change Rate Assessed CR Tax Rate +0.077259%
Year 2018 Assessed Value $13,106 Land Value $2,993 Improvement Value $10,113 Tax Amount $1,107.36 Change Rate +0.021192% Assessed CR Tax Rate +0.084493%
Year 2017 Assessed Value $12,936 Land Value $2,954 Improvement Value $9,982 Tax Amount $1,084.38 Change Rate +0.020055% Assessed CR Tax Rate +0.083827%
Year 2016 Assessed Value $12,747 Land Value $2,911 Improvement Value $9,836 Tax Amount $1,063.06 Change Rate +0.009841% Assessed CR Tax Rate +0.083397%
Year 2015 Assessed Value $12,594 Land Value $2,876 Improvement Value $9,718 Tax Amount $1,052.7 Change Rate +0.015257% Assessed CR Tax Rate +0.083587%
Year 2014 Assessed Value $12,512 Land Value $2,857 Improvement Value $9,655 Tax Amount $1,036.88 Change Rate +0.022826% Assessed CR Tax Rate +0.082871%
Year 2013 Assessed Value $12,512 Land Value $2,857 Improvement Value $9,655 Tax Amount $1,013.74 Change Rate Assessed CR Tax Rate +0.081021%