Large Location Icon

15 Rainbow Rd; Springfield, IL Property Details

15 Rainbow Rd, Springfield, IL is a Single Family. This property is not for sale. The lot size of 15 Rainbow Rd is 15,287 square feet.

Off market
15 Rainbow Rd Springfield, IL 62712
$74,640 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $143,500
  • Open Loans / Balance: 1 / $108,921
  • Est. Equity / %: $138,079 / 55.9%
  • Gross Yield: 10.965%
  • APN: 23-31.0-353-013
  • Situs County: Sangamon
  • Length Of Ownership: 14 years, 5 months

Measurements

  • Lot: 15,287/SqFt

Legal Description

  • Description: L 41 EX S 55.5' OF N 60.5' OF W 7'SUNSET ACRES ADDN (15287 SQ FT) 31-15-4
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: 39.70297 / -89.588974
  • Subdivision: Sunset Acres Add
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 40

Amenities

  • Plus Four: 8934

Ownership Info

15 Rainbow Rd has no associated ownership info
15 Rainbow Rd has no associated ownership info.

Taxes

15 Rainbow Rd has 10 associated Taxes items

15 Rainbow 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 $74,640. The APN we've located for 15 Rainbow Rd is 23-31.0-353-013.

Unlock the full report
Taxes
  • Assessed Value:  $74,640
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  23-31.0-353-013
  • Assessed Land Value:  11065
  • Market Land Value:  33195
  • Tax Amount:  4523.12
  • Tax Year:  2025
  • Market Value:  223920
  • Market Year:  2025

Tax History

15 Rainbow Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $74,640 Land Value $11,065 Improvement Value $63,575 Tax Amount $4,523.12 Change Rate +0.018776% Assessed CR Tax Rate +0.060599%
Year 2024 Assessed Value $72,186 Land Value $10,701 Improvement Value $61,485 Tax Amount $4,439.76 Change Rate +0.020466% Assessed CR Tax Rate +0.061504%
Year 2023 Assessed Value $66,839 Land Value $10,164 Improvement Value $56,675 Tax Amount $4,350.72 Change Rate +0.26691% Assessed CR Tax Rate +0.065093%
Year 2022 Assessed Value $53,229 Land Value $9,624 Improvement Value $43,605 Tax Amount $3,434.12 Change Rate +0.043793% Assessed CR Tax Rate +0.064516%
Year 2021 Assessed Value $51,103 Land Value $9,240 Improvement Value $41,863 Tax Amount $3,290.04 Change Rate +0.016587% Assessed CR Tax Rate +0.064381%
Year 2020 Assessed Value $50,447 Land Value $9,121 Improvement Value $41,326 Tax Amount $3,236.36 Change Rate +0.020876% Assessed CR Tax Rate +0.064154%
Year 2019 Assessed Value $50,777 Land Value $9,181 Improvement Value $41,596 Tax Amount $3,170.18 Change Rate Assessed CR Tax Rate +0.062433%
Year 2018 Assessed Value $49,963 Land Value $9,034 Improvement Value $40,929 Tax Amount $3,170.18 Change Rate +0.016142% Assessed CR Tax Rate +0.063451%
Year 2017 Assessed Value $49,434 Land Value $8,938 Improvement Value $40,496 Tax Amount $3,119.82 Change Rate +0.036258% Assessed CR Tax Rate +0.063111%
Year 2016 Assessed Value $47,818 Land Value $8,646 Improvement Value $39,172 Tax Amount $3,010.66 Change Rate +0.009029% Assessed CR Tax Rate +0.062961%
Year 2015 Assessed Value $47,387 Land Value $8,568 Improvement Value $38,819 Tax Amount $2,983.72 Change Rate +0.021388% Assessed CR Tax Rate +0.062965%
Year 2014 Assessed Value $47,039 Land Value $8,505 Improvement Value $38,534 Tax Amount $2,921.24 Change Rate +0.01926% Assessed CR Tax Rate +0.062103%
Year 2013 Assessed Value $46,499 Land Value $8,407 Improvement Value $38,092 Tax Amount $2,866.04 Change Rate Assessed CR Tax Rate +0.061637%