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705 N 7th St; Springfield, IL Property Details

705 N 7th St, Springfield, IL is a Single Family. This property is not for sale. Our records show that 705 N 7th St has 2 bedrooms, and a total of 1,285 square feet. The lot size of 705 N 7th St is 5,444 square feet.

Off market
705 N 7th St Springfield, IL 62702
$34,900 Listing Price
2 Beds
1,285 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $26,000
  • Est. Equity / %: $89,000 / 100%
  • Gross Yield: 7.928%
  • APN: 14-27.0-327-018
  • Situs County: Sangamon
  • Length Of Ownership: 13 years, 5 months

Rooms

  • Bedrooms: 2

Measurements

  • Total: 1,285/SqFt
  • Lot: 5,444/SqFt
  • Price Per Square Foot: $20.23

Legal Description

  • Description: N 1/2 L 5 B 9 JAMES ADAMS ADDN & PT LOTS 17 & 18 J R SAUNDERS ADDN (5444 SQ FT) 27-16-5
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: 39.808674 / -89.646545
  • Subdivision: James Adams Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 6319

Ownership Info

705 N 7th St has no associated ownership info
705 N 7th St has no associated ownership info.

Taxes

705 N 7th St has 10 associated Taxes items

705 N 7th 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 $16,210. The APN we've located for 705 N 7th St is 14-27.0-327-018.

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Taxes
  • Assessed Value:  $16,210
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-27.0-327-018
  • Assessed Land Value:  2781
  • Market Land Value:  8343
  • Tax Amount:  421.82
  • Tax Year:  2025
  • Market Value:  48630
  • Market Year:  2025

Tax History

705 N 7th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $16,210 Land Value $2,781 Improvement Value $13,429 Tax Amount $421.82 Change Rate +1.369775% Assessed CR Tax Rate +0.026022%
Year 2024 Assessed Value $15,119 Land Value $2,594 Improvement Value $12,525 Tax Amount $178 Change Rate -0.283298% Assessed CR Tax Rate +0.011773%
Year 2023 Assessed Value $13,809 Land Value $2,369 Improvement Value $11,440 Tax Amount $248.36 Change Rate -0.242759% Assessed CR Tax Rate +0.017985%
Year 2022 Assessed Value $13,099 Land Value $2,247 Improvement Value $10,852 Tax Amount $327.98 Change Rate -0.71101% Assessed CR Tax Rate +0.025039%
Year 2021 Assessed Value $12,609 Land Value $2,163 Improvement Value $10,446 Tax Amount $1,134.92 Change Rate +0.020263% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $12,628 Land Value $2,166 Improvement Value $10,462 Tax Amount $1,112.38 Change Rate +1.578415% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $12,584 Land Value $2,158 Improvement Value $10,426 Tax Amount $431.42 Change Rate Assessed CR Tax Rate +0.034283%
Year 2018 Assessed Value $5,106 Land Value $2,148 Improvement Value $2,958 Tax Amount $431.42 Change Rate +0.021161% Assessed CR Tax Rate +0.084493%
Year 2017 Assessed Value $5,040 Land Value $2,120 Improvement Value $2,920 Tax Amount $422.48 Change Rate +0.020138% Assessed CR Tax Rate +0.083825%
Year 2016 Assessed Value $4,966 Land Value $2,089 Improvement Value $2,877 Tax Amount $414.14 Change Rate +0.009704% Assessed CR Tax Rate +0.083395%
Year 2015 Assessed Value $4,907 Land Value $2,064 Improvement Value $2,843 Tax Amount $410.16 Change Rate -0.010136% Assessed CR Tax Rate +0.083587%
Year 2014 Assessed Value $4,876 Land Value $2,051 Improvement Value $2,825 Tax Amount $414.36 Change Rate +0.022808% Assessed CR Tax Rate +0.084979%
Year 2013 Assessed Value $5,000 Land Value $2,051 Improvement Value $2,949 Tax Amount $405.12 Change Rate Assessed CR Tax Rate +0.081024%