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1 Markwood Ln; Springfield, IL Property Details

1 Markwood Ln, Springfield, IL is a Single Family that was built in 1971. This property is currently Financed and is not for sale. Our records show that 1 Markwood Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 2,009 square feet. The lot size of 1 Markwood Ln is 20,965 square feet.

Off market
1 Markwood Ln Springfield, IL 62712
$285,000 Listing Price
3 Beds
2.5 Baths
2,009 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1971
  • Purchase Price: $285,000
  • Open Loans / Balance: 1 / $224,107
  • Est. Equity / %: $68,893 / 23.51%
  • Gross Yield: 11.885%
  • APN: 23-07.0-377-001
  • Situs County: Sangamon
  • Length Of Ownership: 1 year, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5

Measurements

  • Total: 2,009/SqFt
  • Lot: 20,965/SqFt
  • Price Per Square Foot: $141.86

Legal Description

  • Description: TIMBERLANE SUB PLAT #2 7-15-4 L 28
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rochester Community Unit School District 3A
  • Lat / Lon: 39.761517 / -89.58704
  • Subdivision: Timberlane Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 8724

Ownership Info

1 Markwood Ln has no associated ownership info
1 Markwood Ln has no associated ownership info.

Taxes

1 Markwood Ln has 10 associated Taxes items

1 Markwood 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 $109,409. The APN we've located for 1 Markwood Ln is 23-07.0-377-001.

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Taxes
  • Assessed Value:  $109,409
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  23-07.0-377-001
  • Assessed Land Value:  14456
  • Market Land Value:  43368
  • Tax Amount:  7475.34
  • Tax Year:  2025
  • Market Value:  328227
  • Market Year:  2025

Tax History

1 Markwood Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $109,409 Land Value $14,456 Improvement Value $94,953 Tax Amount $7,475.34 Change Rate +0.220002% Assessed CR Tax Rate +0.068325%
Year 2024 Assessed Value $89,425 Land Value $13,482 Improvement Value $75,943 Tax Amount $6,127.32 Change Rate +0.259387% Assessed CR Tax Rate +0.068519%
Year 2023 Assessed Value $69,913 Land Value $12,315 Improvement Value $57,598 Tax Amount $4,865.32 Change Rate +0.050734% Assessed CR Tax Rate +0.069591%
Year 2022 Assessed Value $65,832 Land Value $11,682 Improvement Value $54,150 Tax Amount $4,630.4 Change Rate +0.037536% Assessed CR Tax Rate +0.070337%
Year 2021 Assessed Value $63,367 Land Value $11,245 Improvement Value $52,122 Tax Amount $4,462.88 Change Rate +0.006472% Assessed CR Tax Rate +0.070429%
Year 2020 Assessed Value $63,462 Land Value $11,262 Improvement Value $52,200 Tax Amount $4,434.18 Change Rate +0.121969% Assessed CR Tax Rate +0.069871%
Year 2019 Assessed Value $63,241 Land Value $11,223 Improvement Value $52,018 Tax Amount $3,952.14 Change Rate Assessed CR Tax Rate +0.062493%
Year 2018 Assessed Value $57,610 Land Value $11,167 Improvement Value $46,443 Tax Amount $3,952.14 Change Rate +0.017156% Assessed CR Tax Rate +0.068602%
Year 2017 Assessed Value $56,865 Land Value $11,023 Improvement Value $45,842 Tax Amount $3,885.48 Change Rate +0.014607% Assessed CR Tax Rate +0.068328%
Year 2016 Assessed Value $56,035 Land Value $10,862 Improvement Value $45,173 Tax Amount $3,829.54 Change Rate +0.010811% Assessed CR Tax Rate +0.068342%
Year 2015 Assessed Value $55,365 Land Value $10,732 Improvement Value $44,633 Tax Amount $3,788.58 Change Rate +0.056798% Assessed CR Tax Rate +0.068429%
Year 2014 Assessed Value $55,008 Land Value $10,663 Improvement Value $44,345 Tax Amount $3,584.96 Change Rate +0.006474% Assessed CR Tax Rate +0.065172%
Year 2013 Assessed Value $52,690 Land Value $10,663 Improvement Value $42,027 Tax Amount $3,561.9 Change Rate Assessed CR Tax Rate +0.067601%