Taxes
- Assessed Value: $92,975
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 22-05.0-181-008
- Assessed Land Value: 25768
- Market Land Value: 77304
- Tax Amount: 7093.96
- Tax Year: 2025
- Market Value: 278925
- Market Year: 2025
1 Lantern Ln; Springfield, IL Property Details
Off market
1 Lantern Ln Springfield, IL 62704
$198,000 Listing Price
3 Beds
2 Baths
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Purchase Price: $261,000
- Open Loans / Balance: 1 / $143,275
- Est. Equity / %: $254,725 / 64%
- Gross Yield: 8.653%
- APN: 22-05.0-181-008
- Situs County: Sangamon
- Length Of Ownership: 5 years, 7 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
Measurements
- Lot: 7,446/SqFt
Legal Description
- Description: LANTERN LANE COURT L1 SUB PT L 1&4 LELAND GROVE 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: 39.779457 / -89.68069
- Subdivision: Lantern Lane Court
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 3319
Ownership Info
1 Lantern Ln has no associated ownership info
1 Lantern Ln has no associated ownership info.
Taxes
1 Lantern Ln has 10 associated Taxes items
1 Lantern Ln, 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 $92,975. The APN we've located for 1 Lantern Ln is 22-05.0-181-008.
Unlock the full reportTax History
1 Lantern Ln 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 $92,975 | Land Value $25,768 | Improvement Value $67,207 | Tax Amount $7,093.96 | Change Rate +0.038544% | Assessed CR | Tax Rate +0.0763% |
| Year 2024 | Assessed Value $86,488 | Land Value $23,970 | Improvement Value $62,518 | Tax Amount $6,830.68 | Change Rate +0.035698% | Assessed CR | Tax Rate +0.078978% |
| Year 2023 | Assessed Value $80,081 | Land Value $22,194 | Improvement Value $57,887 | Tax Amount $6,595.24 | Change Rate +0.053277% | Assessed CR | Tax Rate +0.082357% |
| Year 2022 | Assessed Value $75,784 | Land Value $21,003 | Improvement Value $54,781 | Tax Amount $6,261.64 | Change Rate +0.043481% | Assessed CR | Tax Rate +0.082625% |
| Year 2021 | Assessed Value $72,814 | Land Value $20,180 | Improvement Value $52,634 | Tax Amount $6,000.72 | Change Rate | Assessed CR | Tax Rate +0.082412% |
| Year 2020 | Assessed Value $67,174 | Land Value $19,960 | Improvement Value $47,214 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2019 | Assessed Value $65,999 | Land Value $19,611 | Improvement Value $46,388 | Tax Amount $7,009.7 | Change Rate | Assessed CR | Tax Rate +0.106209% |
| Year 2018 | Assessed Value $83,462 | Land Value $19,527 | Improvement Value $63,935 | Tax Amount $7,009.7 | Change Rate +0.026037% | Assessed CR | Tax Rate +0.083987% |
| Year 2017 | Assessed Value $82,180 | Land Value $19,227 | Improvement Value $62,953 | Tax Amount $6,831.82 | Change Rate +0.033121% | Assessed CR | Tax Rate +0.083132% |
| Year 2016 | Assessed Value $80,059 | Land Value $18,731 | Improvement Value $61,328 | Tax Amount $6,612.8 | Change Rate +0.022754% | Assessed CR | Tax Rate +0.082599% |
| Year 2015 | Assessed Value $78,251 | Land Value $18,308 | Improvement Value $59,943 | Tax Amount $6,465.68 | Change Rate +0.017499% | Assessed CR | Tax Rate +0.082627% |
| Year 2014 | Assessed Value $77,599 | Land Value $18,155 | Improvement Value $59,444 | Tax Amount $6,354.48 | Change Rate +0.014872% | Assessed CR | Tax Rate +0.081889% |
| Year 2013 | Assessed Value $78,430 | Land Value $18,349 | Improvement Value $60,081 | Tax Amount $6,261.36 | Change Rate | Assessed CR | Tax Rate +0.079834% |