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508 S Walnut St; Springfield, IL Property Details

508 S Walnut St, Springfield, IL is a Single Family that was built in 1900. This property is currently Financed and is not for sale. Our records show that 508 S Walnut St has 5 bedrooms, and 2.5 bathrooms, and a total of 2,914 square feet. The lot size of 508 S Walnut St is 9,734 square feet.

Off market
508 S Walnut St Springfield, IL 62704
$45,000 Listing Price
5 Beds
2.5 Baths
2,914 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1900
  • Purchase Price: $110,000
  • Open Loans / Balance: 4 / $120,521
  • Est. Equity / %: $43,479 / 26.51%
  • Gross Yield: 9.944%
  • APN: 14-33.0-251-010
  • Situs County: Sangamon
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2.5

Measurements

  • Total: 2,914/SqFt
  • Lot: 9,734/SqFt
  • Price Per Square Foot: $37.75

Legal Description

  • Description: L 23 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: 39.79733 / -89.66298
  • Subdivision: James Browns 2nd Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 1933

Ownership Info

508 S Walnut St has no associated ownership info
508 S Walnut St has no associated ownership info.

Taxes

508 S Walnut St has 10 associated Taxes items

508 S Walnut 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 $46,545. The APN we've located for 508 S Walnut St is 14-33.0-251-010.

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Taxes
  • Assessed Value:  $46,545
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-33.0-251-010
  • Assessed Land Value:  6186
  • Market Land Value:  18558
  • Tax Amount:  3282.7
  • Tax Year:  2025
  • Market Value:  139635
  • Market Year:  2025

Tax History

508 S Walnut St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $46,545 Land Value $6,186 Improvement Value $40,359 Tax Amount $3,282.7 Change Rate +0.044694% Assessed CR Tax Rate +0.070527%
Year 2024 Assessed Value $43,410 Land Value $5,769 Improvement Value $37,641 Tax Amount $3,142.26 Change Rate -0.10364% Assessed CR Tax Rate +0.072386%
Year 2023 Assessed Value $39,651 Land Value $5,269 Improvement Value $34,382 Tax Amount $3,505.58 Change Rate +0.040114% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $37,612 Land Value $4,998 Improvement Value $32,614 Tax Amount $3,370.38 Change Rate +0.23973% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $36,204 Land Value $4,811 Improvement Value $31,393 Tax Amount $2,718.64 Change Rate -0.219437% Assessed CR Tax Rate +0.075092%
Year 2020 Assessed Value $45,539 Land Value $4,818 Improvement Value $40,721 Tax Amount $3,482.92 Change Rate +0.272904% Assessed CR Tax Rate +0.076482%
Year 2019 Assessed Value $45,380 Land Value $4,801 Improvement Value $40,579 Tax Amount $2,736.2 Change Rate Assessed CR Tax Rate +0.060295%
Year 2018 Assessed Value $38,384 Land Value $4,779 Improvement Value $33,605 Tax Amount $2,736.2 Change Rate +0.023659% Assessed CR Tax Rate +0.071285%
Year 2017 Assessed Value $37,887 Land Value $4,717 Improvement Value $33,170 Tax Amount $2,672.96 Change Rate +0.022892% Assessed CR Tax Rate +0.070551%
Year 2016 Assessed Value $37,334 Land Value $4,648 Improvement Value $32,686 Tax Amount $2,613.14 Change Rate +0.012154% Assessed CR Tax Rate +0.069994%
Year 2015 Assessed Value $36,887 Land Value $4,592 Improvement Value $32,295 Tax Amount $2,581.76 Change Rate +0.081257% Assessed CR Tax Rate +0.069991%
Year 2014 Assessed Value $36,648 Land Value $4,562 Improvement Value $32,086 Tax Amount $2,387.74 Change Rate +0.022823% Assessed CR Tax Rate +0.065153%
Year 2013 Assessed Value $34,813 Land Value $4,562 Improvement Value $30,251 Tax Amount $2,334.46 Change Rate Assessed CR Tax Rate +0.067057%