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1940 Marland St; Springfield, IL Property Details

1940 Marland St, Springfield, IL is a Single Family that was built in 1912. This property is currently Financed and is not for sale. Our records show that 1940 Marland St has 5 bedrooms, and 2 bathrooms, and a total of 1,546 square feet. The lot size of 1940 Marland St is 6,504 square feet.

Off market
1940 Marland St Springfield, IL 62702
$113,000 Listing Price
5 Beds
2 Baths
1,546 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1912
  • Purchase Price: $113,000
  • Open Loans / Balance: 3 / $120,410
  • Est. Equity / %: $24,590 / 16.96%
  • Gross Yield: 15.17%
  • APN: 14-22.0-178-001
  • Situs County: Sangamon
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 5
  • Bathrooms: 2

Measurements

  • Total: 1,546/SqFt
  • Lot: 6,504/SqFt
  • Price Per Square Foot: $73.09

Legal Description

  • Description: WANLESS PARK ADDN N 10' L 139 ALL L 140
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: 39.82679 / -89.64671
  • Subdivision: Wanless Park Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 2657

Ownership Info

1940 Marland St has no associated ownership info
1940 Marland St has no associated ownership info.

Taxes

1940 Marland St has 10 associated Taxes items

1940 Marland 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 $53,016. The APN we've located for 1940 Marland St is 14-22.0-178-001.

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Taxes
  • Assessed Value:  $53,016
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-22.0-178-001
  • Assessed Land Value:  6321
  • Market Land Value:  18963
  • Tax Amount:  3806.6
  • Tax Year:  2025
  • Market Value:  159048
  • Market Year:  2025

Tax History

1940 Marland St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $53,016 Land Value $6,321 Improvement Value $46,695 Tax Amount $3,806.6 Change Rate +0.043116% Assessed CR Tax Rate +0.071801%
Year 2024 Assessed Value $49,446 Land Value $5,895 Improvement Value $43,551 Tax Amount $3,649.26 Change Rate -0.086104% Assessed CR Tax Rate +0.073803%
Year 2023 Assessed Value $45,165 Land Value $5,385 Improvement Value $39,780 Tax Amount $3,993.08 Change Rate +0.040103% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $42,843 Land Value $5,108 Improvement Value $37,735 Tax Amount $3,839.12 Change Rate +2.593% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $41,239 Land Value $4,917 Improvement Value $36,322 Tax Amount $1,068.5 Change Rate +0.021804% Assessed CR Tax Rate +0.02591%
Year 2020 Assessed Value $41,301 Land Value $4,924 Improvement Value $36,377 Tax Amount $1,045.7 Change Rate +0.042572% Assessed CR Tax Rate +0.025319%
Year 2019 Assessed Value $41,157 Land Value $4,907 Improvement Value $36,250 Tax Amount $1,003 Change Rate -0.60372% Assessed CR Tax Rate +0.02437%
Year 2018 Assessed Value $40,956 Land Value $4,883 Improvement Value $36,073 Tax Amount $2,531.04 Change Rate +1.543503% Assessed CR Tax Rate +0.061799%
Year 2017 Assessed Value $40,427 Land Value $4,820 Improvement Value $35,607 Tax Amount $995.1 Change Rate +0.005152% Assessed CR Tax Rate +0.024615%
Year 2016 Assessed Value $39,838 Land Value $4,750 Improvement Value $35,088 Tax Amount $990 Change Rate -0.002278% Assessed CR Tax Rate +0.024851%
Year 2015 Assessed Value $39,362 Land Value $4,693 Improvement Value $34,669 Tax Amount $992.26 Change Rate +0.00864% Assessed CR Tax Rate +0.025209%
Year 2014 Assessed Value $39,108 Land Value $4,663 Improvement Value $34,445 Tax Amount $983.76 Change Rate +0.022832% Assessed CR Tax Rate +0.025155%
Year 2013 Assessed Value $37,467 Land Value $4,663 Improvement Value $32,804 Tax Amount $961.8 Change Rate Assessed CR Tax Rate +0.025671%