NOT LISTED FOR SALE

1903 S 16th St Springfield, IL 62703

Bunn Park Neighborhood

Estimated Value: $67,484 - $73,000

3 Beds
1 Bath
1,337 Sq Ft
$53/Sq Ft Est. Value

Sale Details

Date Sold: October 7, 2025

Last sale price $75,000 $56 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $478 / mo

41 Days on Market

About This Home

As of October 2025

Great investment property with a reliable tenant in place, currently renting for $1,100/month. Tenant covers all utilities, lawn care, and trash. Recent updates include a new water heater system and some plumbing improvements—low maintenance and immediate cash flow!

Last Agent to Sell the Property

Jay Myers

Real Broker, LLC Brokerage Phone: 217-502-9339 License #475202466 Listed on: 07/18/2025

Last Buyer's Agent

Jay Myers

Real Broker, LLC Brokerage Phone: 217-502-9339 License #475202466 Listed on: 07/18/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,072

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 40x122
  • Level Lot

Parking

  • Parking Pad

Home Design

  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • 1,337 Sq Ft Home
  • Unfinished Basement
  • Natural lighting in basement
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Springfield District #186 High School

Utilities

  • Forced Air Heating System
  • Window Unit Heating System
  • Heating System Uses Natural Gas

Community Details

  • Springfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22-03.0-281-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,072

Year Built

Built in 1940

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1940
  • Unit Levels: One and One Half
  • New Construction: No
  • Property Attached Yn: No
  • Attribution Contact: Pref: 217-502-9339
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: Daylight, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1337
  • KitchenDining: Dining Informal,Pantry

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Garage Yn: No
  • Parking Features: Parking Pad

Utilities

  • Heating: Natural Gas, Forced Air, Window Unit(s)
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • High School: Springfield District #186

Lot Info

  • Lot Size: 40x122
  • Parcel #: 22-03.0-281-019

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1072.2
  • TaxExemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2025
Closed on
Oct 6, 2025
Sold by
Bought by
Seller's Agent
Jay Myers
Real Broker, LLC
Buyer's Agent
Jay Myers
Real Broker, LLC
List Price
$75,000
Sold Price
$75,000
Views
52
Current Estimated Value
$70,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,129
Avg. Annual Appreciation
-6.75%
Original Mortgage
$215,000
Interest Rate
0.1%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 20, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
0.0685%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2024
Closed on
Feb 15, 2024
Sold by
Bought by
Seller's Agent
Sarah Quattrin Coombe
Keller Williams Capital
Buyer's Agent
Jay Myers
Real Broker, LLC
List Price
$49,900
Sold Price
$39,500
Premium/Discount to List
-$10,400
-20.84%
Views
262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.82%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$275,000 Chicago Title
-- None Listed On Document
$39,500 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $215,000
Previous Owner $60,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/07/2025 10/07/25 Sold $75,000 0.0% $56 / Sq Ft
08/28/2025 08/28/25 Pending -- -- --
07/18/2025 07/18/25 For Sale $75,000 +89.9% $56 / Sq Ft
02/15/2024 02/15/24 Sold $39,500 -20.8% $25 / Sq Ft View Prior Sale
01/22/2024 01/22/24 For Sale $49,900 -- $31 / Sq Ft
Source: RMLS Alliance

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,108 $13,687 $1,439 $12,248
2024 $1,072 $12,765 $1,342 $11,423
2023 $994 $11,242 $1,226 $10,016
2022 $0 $10,664 $1,163 $9,501
2021 $33 $10,264 $1,119 $9,145
2020 $33 $10,280 $1,121 $9,159
2019 $33 $10,244 $1,117 $9,127
2018 $33 $11,385 $1,111 $10,274
2017 $20 $11,238 $1,097 $10,141
2016 $0 $11,074 $1,081 $9,993
2015 -- $10,942 $1,068 $9,874
2014 -- $10,871 $1,061 $9,810
2013 -- $11,593 $1,062 $10,531
Source: Public Records

Agents Affiliated with this Home

  • Jay Myers

    Seller's Agent in 2025

    Jay Myers

    Real Broker, LLC

    (217) 502-9339

    5 in this area

    25 Total Sales

    Jay Myers
    Section Image
  • Sarah Quattrin Coombe

    Seller's Agent in 2024

    Sarah Quattrin Coombe

    Keller Williams Capital

    (217) 836-6733

    2 in this area

    232 Total Sales

    Sarah Quattrin Coombe
    Section Image
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Map

Source: RMLS Alliance

MLS Number: CA1037929

RMLS Alliance

APN: 22-03.0-281-019

Illinois Sangamon County Springfield 62703 Bunn Park

1903 S 16th St, Springfield, IL

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RMLS Alliance All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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