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505 Silver Spring Dr; Springfield, IL Property Details

505 Silver Spring Dr, Springfield, IL is a Single Family. This property is not for sale. Our records show that 505 Silver Spring Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 3,279 square feet. The lot size of 505 Silver Spring Dr is 12,150 square feet.

Off market
505 Silver Spring Dr Springfield, IL 62702
$294,900 Listing Price
4 Beds
2.5 Baths
3,279 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $294,900
  • Est. Equity / %: $437,000 / 100%
  • Gross Yield: 11.346%
  • APN: 14-30.0-328-011
  • Situs County: Sangamon
  • Length Of Ownership: 10 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5

Measurements

  • Total: 3,279/SqFt
  • Lot: 12,150/SqFt
  • Price Per Square Foot: $89.94

Legal Description

  • Description: LOT 81 COUNTRY MEADOWS PLAT 3 90 X 135
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: 39.806824 / -89.70538
  • Subdivision: Country Mdws Iii
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3391

HOA

  • H O A One: $50
  • H O A Amount: $50
  • H O A One Frequency: Monthly
  • H O A One Type: Home Owner Association

Ownership Info

505 Silver Spring Dr has no associated ownership info
505 Silver Spring Dr has no associated ownership info.

Taxes

505 Silver Spring Dr has 10 associated Taxes items

505 Silver Spring Dr, 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 $127,811. The APN we've located for 505 Silver Spring Dr is 14-30.0-328-011.

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Taxes
  • Assessed Value:  $127,811
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-30.0-328-011
  • Assessed Land Value:  22064
  • Market Land Value:  66192
  • Tax Amount:  9862.32
  • Tax Year:  2025
  • Market Value:  383433
  • Market Year:  2025

Tax History

505 Silver Spring Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $127,811 Land Value $22,064 Improvement Value $105,747 Tax Amount $9,862.32 Change Rate +0.037202% Assessed CR Tax Rate +0.077163%
Year 2024 Assessed Value $119,204 Land Value $20,578 Improvement Value $98,626 Tax Amount $9,508.58 Change Rate +0.04537% Assessed CR Tax Rate +0.079767%
Year 2023 Assessed Value $108,882 Land Value $18,796 Improvement Value $90,086 Tax Amount $9,095.9 Change Rate +0.050041% Assessed CR Tax Rate +0.083539%
Year 2022 Assessed Value $102,669 Land Value $17,830 Improvement Value $84,839 Tax Amount $8,662.42 Change Rate +0.036795% Assessed CR Tax Rate +0.084372%
Year 2021 Assessed Value $98,824 Land Value $17,162 Improvement Value $81,662 Tax Amount $8,355 Change Rate +0.020169% Assessed CR Tax Rate +0.084544%
Year 2020 Assessed Value $98,973 Land Value $17,188 Improvement Value $81,785 Tax Amount $8,189.82 Change Rate +0.051908% Assessed CR Tax Rate +0.082748%
Year 2019 Assessed Value $98,628 Land Value $17,128 Improvement Value $81,500 Tax Amount $7,785.68 Change Rate Assessed CR Tax Rate +0.07894%
Year 2018 Assessed Value $98,147 Land Value $17,044 Improvement Value $81,103 Tax Amount $7,785.68 Change Rate +0.022019% Assessed CR Tax Rate +0.079327%
Year 2017 Assessed Value $96,878 Land Value $16,824 Improvement Value $80,054 Tax Amount $7,617.94 Change Rate +0.021032% Assessed CR Tax Rate +0.078634%
Year 2016 Assessed Value $95,465 Land Value $16,579 Improvement Value $78,886 Tax Amount $7,461.02 Change Rate +0.01623% Assessed CR Tax Rate +0.078155%
Year 2015 Assessed Value $93,835 Land Value $16,381 Improvement Value $77,454 Tax Amount $7,341.86 Change Rate +0.036026% Assessed CR Tax Rate +0.078242%
Year 2014 Assessed Value $93,229 Land Value $16,275 Improvement Value $76,954 Tax Amount $7,086.56 Change Rate +0.022822% Assessed CR Tax Rate +0.076012%
Year 2013 Assessed Value $91,514 Land Value $16,275 Improvement Value $75,239 Tax Amount $6,928.44 Change Rate Assessed CR Tax Rate +0.075709%