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2 Markwood Ln; Springfield, IL Property Details

2 Markwood Ln, Springfield, IL is a Single Family. This property is not for sale. The lot size of 2 Markwood Ln is 17,740 square feet.

Off market
2 Markwood Ln Springfield, IL 62712
$77,960 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $170,000
  • Open Loans / Balance: 1 / $114,154
  • Est. Equity / %: $168,846 / 59.66%
  • Gross Yield: 11.47%
  • APN: 23-07.0-378-001
  • Situs County: Sangamon
  • Length Of Ownership: 14 years, 1 months

Measurements

  • Lot: 17,740/SqFt

Legal Description

  • Description: TIMBERLANE SUB PLAT #2 7-15-4 L 30
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: 39.76151 / -89.58633
  • Subdivision: Timberlane Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 8724

Ownership Info

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

Taxes

2 Markwood Ln has 10 associated Taxes items

2 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 $77,960. The APN we've located for 2 Markwood Ln is 23-07.0-378-001.

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Taxes
  • Assessed Value:  $77,960
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  23-07.0-378-001
  • Assessed Land Value:  14455
  • Market Land Value:  43365
  • Tax Amount:  5201.92
  • Tax Year:  2025
  • Market Value:  233880
  • Market Year:  2025

Tax History

2 Markwood Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $77,960 Land Value $14,455 Improvement Value $63,505 Tax Amount $5,201.92 Change Rate +0.061677% Assessed CR Tax Rate +0.066726%
Year 2024 Assessed Value $72,711 Land Value $13,482 Improvement Value $59,229 Tax Amount $4,899.72 Change Rate +0.065379% Assessed CR Tax Rate +0.067386%
Year 2023 Assessed Value $66,415 Land Value $12,315 Improvement Value $54,100 Tax Amount $4,599.04 Change Rate +0.051055% Assessed CR Tax Rate +0.069247%
Year 2022 Assessed Value $62,540 Land Value $11,681 Improvement Value $50,859 Tax Amount $4,375.64 Change Rate +0.037762% Assessed CR Tax Rate +0.069965%
Year 2021 Assessed Value $60,199 Land Value $11,244 Improvement Value $48,955 Tax Amount $4,216.42 Change Rate +0.00645% Assessed CR Tax Rate +0.070041%
Year 2020 Assessed Value $60,290 Land Value $11,261 Improvement Value $49,029 Tax Amount $4,189.4 Change Rate -0.144395% Assessed CR Tax Rate +0.069487%
Year 2019 Assessed Value $59,999 Land Value $11,223 Improvement Value $48,776 Tax Amount $4,896.42 Change Rate Assessed CR Tax Rate +0.081608%
Year 2018 Assessed Value $69,941 Land Value $11,167 Improvement Value $58,774 Tax Amount $4,896.42 Change Rate +0.016851% Assessed CR Tax Rate +0.070008%
Year 2017 Assessed Value $69,037 Land Value $11,023 Improvement Value $58,014 Tax Amount $4,815.28 Change Rate +0.014256% Assessed CR Tax Rate +0.069749%
Year 2016 Assessed Value $68,030 Land Value $10,862 Improvement Value $57,168 Tax Amount $4,747.6 Change Rate +0.010523% Assessed CR Tax Rate +0.069787%
Year 2015 Assessed Value $67,217 Land Value $10,732 Improvement Value $56,485 Tax Amount $4,698.16 Change Rate +0.052955% Assessed CR Tax Rate +0.069895%
Year 2014 Assessed Value $66,783 Land Value $10,663 Improvement Value $56,120 Tax Amount $4,461.88 Change Rate +0.006474% Assessed CR Tax Rate +0.066812%
Year 2013 Assessed Value $64,111 Land Value $10,663 Improvement Value $53,448 Tax Amount $4,433.18 Change Rate Assessed CR Tax Rate +0.069149%