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2 Lambert Ln; Springfield, IL Property Details

2 Lambert Ln, Springfield, IL is a Single Family. This property is not for sale. The lot size of 2 Lambert Ln is 14,164 square feet.

Off market  •   Pre Foreclosure ✓
2 Lambert Ln Springfield, IL 62704
$69,578 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $164,500
  • Open Loans / Balance: 3 / $156,514
  • Est. Equity / %: $90,486 / 36.63%
  • Gross Yield: 10.251%
  • APN: 14-32.0-353-012
  • Situs County: Sangamon
  • Length Of Ownership: 16 years, 3 months

Structure

  • Distressed: true

Measurements

  • Lot: 14,164/SqFt

Legal Description

  • Description: WASHINGTON PARK TERRACE PT SW SW 32-16-5 L 1 EX TRI PC NE COR
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: 39.787354 / -89.69133
  • Subdivision: Washington Park Terrace
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 2212

Ownership Info

2 Lambert Ln has no associated ownership info
2 Lambert Ln has no associated ownership info.

Taxes

2 Lambert Ln has 10 associated Taxes items

2 Lambert 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 $69,578. The APN we've located for 2 Lambert Ln is 14-32.0-353-012.

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Taxes
  • Assessed Value:  $69,578
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-32.0-353-012
  • Assessed Land Value:  13240
  • Market Land Value:  39720
  • Tax Amount:  5147.54
  • Tax Year:  2025
  • Market Value:  208734
  • Market Year:  2025

Tax History

2 Lambert Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $69,578 Land Value $13,240 Improvement Value $56,338 Tax Amount $5,147.54 Change Rate +0.040613% Assessed CR Tax Rate +0.073982%
Year 2024 Assessed Value $64,892 Land Value $12,348 Improvement Value $52,544 Tax Amount $4,946.64 Change Rate +0.05026% Assessed CR Tax Rate +0.076229%
Year 2023 Assessed Value $59,273 Land Value $11,279 Improvement Value $47,994 Tax Amount $4,709.92 Change Rate +0.046505% Assessed CR Tax Rate +0.079461%
Year 2022 Assessed Value $56,225 Land Value $10,699 Improvement Value $45,526 Tax Amount $4,500.62 Change Rate +0.039131% Assessed CR Tax Rate +0.080047%
Year 2021 Assessed Value $54,119 Land Value $10,298 Improvement Value $43,821 Tax Amount $4,331.14 Change Rate +0.02009% Assessed CR Tax Rate +0.08003%
Year 2020 Assessed Value $54,200 Land Value $10,313 Improvement Value $43,887 Tax Amount $4,245.84 Change Rate -0.043941% Assessed CR Tax Rate +0.078337%
Year 2019 Assessed Value $66,180 Land Value $10,277 Improvement Value $55,903 Tax Amount $4,440.98 Change Rate Assessed CR Tax Rate +0.067105%
Year 2018 Assessed Value $58,561 Land Value $10,226 Improvement Value $48,335 Tax Amount $4,440.98 Change Rate +0.022673% Assessed CR Tax Rate +0.075835%
Year 2017 Assessed Value $57,804 Land Value $10,094 Improvement Value $47,710 Tax Amount $4,342.52 Change Rate +0.021784% Assessed CR Tax Rate +0.075125%
Year 2016 Assessed Value $56,961 Land Value $9,947 Improvement Value $47,014 Tax Amount $4,249.94 Change Rate +0.011226% Assessed CR Tax Rate +0.074611%
Year 2015 Assessed Value $56,280 Land Value $9,828 Improvement Value $46,452 Tax Amount $4,202.76 Change Rate +0.011027% Assessed CR Tax Rate +0.074676%
Year 2014 Assessed Value $55,917 Land Value $9,765 Improvement Value $46,152 Tax Amount $4,156.92 Change Rate +0.022819% Assessed CR Tax Rate +0.074341%
Year 2013 Assessed Value $56,162 Land Value $9,765 Improvement Value $46,397 Tax Amount $4,064.18 Change Rate Assessed CR Tax Rate +0.072365%