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509 S State St; Springfield, IL Property Details

509 S State St, Springfield, IL is a Single Family that was built in 1970. This property is for sale. Our records show that 509 S State St has 2 bedrooms, and a total of 1,500 square feet. The lot size of 509 S State St is 7,317 square feet.

On Market for 1,665 days
509 S State St Springfield, IL 62704
$114,900 Listing Price
2 Beds
1,500 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1970
  • Purchase Price: $97,500
  • Est. Equity / %: $171,000 / 100%
  • Inv. Liens: 1
  • Gross Yield: 14.924%
  • APN: 14-33.0-176-020
  • Situs County: Sangamon
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 2

Measurements

  • Total: 1,500/SqFt
  • Lot: 7,317/SqFt
  • Price Per Square Foot: $65.00

Legal Description

  • Description: A.W. FRENCHS 3RD ADDN L 2
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: 39.797577 / -89.66686
  • Subdivision: Aw Frenchs 3rd Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 1759

Ownership Info

509 S State St has no associated ownership info
509 S State St has no associated ownership info.

Taxes

509 S State St has 10 associated Taxes items

509 S State 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 $9,025. The APN we've located for 509 S State St is 14-33.0-176-020.

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Taxes
  • Assessed Value:  $9,025
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-33.0-176-020
  • Assessed Land Value:  5249
  • Market Land Value:  15747
  • Tax Amount:  730.7
  • Tax Year:  2025
  • Market Value:  27075
  • Market Year:  2025

Tax History

509 S State St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $9,025 Land Value $5,249 Improvement Value $3,776 Tax Amount $730.7 Change Rate -0.036423% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $9,028 Land Value $4,896 Improvement Value $4,132 Tax Amount $758.32 Change Rate +0.056156% Assessed CR Tax Rate +0.083996%
Year 2023 Assessed Value $8,121 Land Value $4,473 Improvement Value $3,648 Tax Amount $718 Change Rate -0.482694% Assessed CR Tax Rate +0.088413%
Year 2022 Assessed Value $15,489 Land Value $4,243 Improvement Value $11,246 Tax Amount $1,387.96 Change Rate +0.034294% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $14,909 Land Value $4,084 Improvement Value $10,825 Tax Amount $1,341.94 Change Rate +0.0203% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $14,931 Land Value $4,090 Improvement Value $10,841 Tax Amount $1,315.24 Change Rate -0.039943% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $14,879 Land Value $4,076 Improvement Value $10,803 Tax Amount $1,369.96 Change Rate Assessed CR Tax Rate +0.092073%
Year 2018 Assessed Value $16,214 Land Value $4,054 Improvement Value $12,160 Tax Amount $1,369.96 Change Rate +0.021108% Assessed CR Tax Rate +0.084492%
Year 2017 Assessed Value $16,005 Land Value $4,002 Improvement Value $12,003 Tax Amount $1,341.64 Change Rate +0.02001% Assessed CR Tax Rate +0.083826%
Year 2016 Assessed Value $15,772 Land Value $3,944 Improvement Value $11,828 Tax Amount $1,315.32 Change Rate +0.00975% Assessed CR Tax Rate +0.083396%
Year 2015 Assessed Value $15,584 Land Value $3,897 Improvement Value $11,687 Tax Amount $1,302.62 Change Rate +0.015166% Assessed CR Tax Rate +0.083587%
Year 2014 Assessed Value $15,484 Land Value $3,872 Improvement Value $11,612 Tax Amount $1,283.16 Change Rate +0.022813% Assessed CR Tax Rate +0.08287%
Year 2013 Assessed Value $15,484 Land Value $3,872 Improvement Value $11,612 Tax Amount $1,254.54 Change Rate Assessed CR Tax Rate +0.081022%