Taxes
- Assessed Value: $27,059
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-20.0-478-016
- Assessed Land Value: 3137
- Market Land Value: 9411
- Tax Amount: 1705.02
- Tax Year: 2025
- Market Value: 81177
- Market Year: 2025
7 Salem Rd; Springfield, IL Property Details
Off market
7 Salem Rd Springfield, IL 62702
$27,059 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $57,000
- Est. Equity / %: $107,000 / 100%
- Gross Yield: 9.723%
- APN: 14-20.0-478-016
- Situs County: Sangamon
- Length Of Ownership: 14 years, 5 months
Measurements
- Lot: 5,287/SqFt
Legal Description
- Description: L 24 LINCOLN ACRES SUB
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: 39.81721 / -89.673935
- Subdivision: Lincoln Acres Sub
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 1644
Ownership Info
7 Salem Rd has no associated ownership info
7 Salem Rd has no associated ownership info.
Taxes
7 Salem Rd has 10 associated Taxes items
7 Salem Rd, 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 $27,059. The APN we've located for 7 Salem Rd is 14-20.0-478-016.
Unlock the full reportTax History
7 Salem Rd 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 $27,059 | Land Value $3,137 | Improvement Value $23,922 | Tax Amount $1,705.02 | Change Rate +0.055204% | Assessed CR | Tax Rate +0.063011% |
| Year 2024 | Assessed Value $25,237 | Land Value $2,926 | Improvement Value $22,311 | Tax Amount $1,615.82 | Change Rate +0.071797% | Assessed CR | Tax Rate +0.064026% |
| Year 2023 | Assessed Value $23,052 | Land Value $2,673 | Improvement Value $20,379 | Tax Amount $1,507.58 | Change Rate +0.060302% | Assessed CR | Tax Rate +0.065399% |
| Year 2022 | Assessed Value $21,867 | Land Value $2,536 | Improvement Value $19,331 | Tax Amount $1,421.84 | Change Rate +0.049747% | Assessed CR | Tax Rate +0.065022% |
| Year 2021 | Assessed Value $21,048 | Land Value $2,441 | Improvement Value $18,607 | Tax Amount $1,354.46 | Change Rate +0.019633% | Assessed CR | Tax Rate +0.064351% |
| Year 2020 | Assessed Value $21,080 | Land Value $2,445 | Improvement Value $18,635 | Tax Amount $1,328.38 | Change Rate +0.146737% | Assessed CR | Tax Rate +0.063016% |
| Year 2019 | Assessed Value $21,006 | Land Value $2,436 | Improvement Value $18,570 | Tax Amount $1,158.4 | Change Rate | Assessed CR | Tax Rate +0.055146% |
| Year 2018 | Assessed Value $19,710 | Land Value $2,424 | Improvement Value $17,286 | Tax Amount $1,158.4 | Change Rate +0.02706% | Assessed CR | Tax Rate +0.058772% |
| Year 2017 | Assessed Value $19,455 | Land Value $2,393 | Improvement Value $17,062 | Tax Amount $1,127.88 | Change Rate +0.02682% | Assessed CR | Tax Rate +0.057974% |
| Year 2016 | Assessed Value $19,171 | Land Value $2,358 | Improvement Value $16,813 | Tax Amount $1,098.42 | Change Rate +0.015382% | Assessed CR | Tax Rate +0.057296% |
| Year 2015 | Assessed Value $18,942 | Land Value $2,330 | Improvement Value $16,612 | Tax Amount $1,081.78 | Change Rate +0.012012% | Assessed CR | Tax Rate +0.05711% |
| Year 2014 | Assessed Value $18,820 | Land Value $2,315 | Improvement Value $16,505 | Tax Amount $1,068.94 | Change Rate +0.022811% | Assessed CR | Tax Rate +0.056798% |
| Year 2013 | Assessed Value $18,899 | Land Value $2,315 | Improvement Value $16,584 | Tax Amount $1,045.1 | Change Rate | Assessed CR | Tax Rate +0.055299% |