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2 Redwood Ln; Springfield, IL Property Details

2 Redwood Ln, Springfield, IL is a Single Family that was built in 1975. This property is currently Financed and is not for sale. Our records show that 2 Redwood Ln has 2 bedrooms, and 1.5 bathrooms, and a total of 845 square feet.

Off market
2 Redwood Ln Springfield, IL 62704
$81,000 Listing Price
2 Beds
1.5 Baths
845 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1975
  • Purchase Price: $81,000
  • Open Loans / Balance: 1 / $41,539
  • Est. Equity / %: $101,461 / 70.95%
  • Gross Yield: 10.087%
  • APN: 14-31.0-117-048
  • Situs County: Sangamon
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5

Measurements

  • Total: 845/SqFt
  • Price Per Square Foot: $95.86

Legal Description

  • Description: UNIT 109 BLDG 17 31-16-5 FALLINGBROOK TOWNHOMES
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: 39.8006 / -89.70734
  • Subdivision: Fallingbrook Twnhms
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 1024

HOA

  • H O A One: $220
  • H O A Amount: $220
  • H O A One Frequency: Monthly
  • H O A One Name: Fallingbrook Townhomes Owners Association
  • H O A One Type: Home Owner Association

Ownership Info

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

Taxes

2 Redwood Ln has 10 associated Taxes items

2 Redwood 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 $35,740. The APN we've located for 2 Redwood Ln is 14-31.0-117-048.

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Taxes
  • Assessed Value:  $35,740
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-31.0-117-048
  • Assessed Land Value:  2840
  • Market Land Value:  8520
  • Tax Amount:  2893.66
  • Tax Year:  2025
  • Market Value:  107220
  • Market Year:  2025

Tax History

2 Redwood Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $35,740 Land Value $2,840 Improvement Value $32,900 Tax Amount $2,893.66 Change Rate +0.033487% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $33,334 Land Value $2,649 Improvement Value $30,685 Tax Amount $2,799.9 Change Rate +0.040105% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $30,448 Land Value $2,420 Improvement Value $28,028 Tax Amount $2,691.94 Change Rate +0.050128% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $28,607 Land Value $2,296 Improvement Value $26,311 Tax Amount $2,563.44 Change Rate +0.221419% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $23,317 Land Value $2,211 Improvement Value $21,106 Tax Amount $2,098.74 Change Rate +0.020272% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $23,352 Land Value $2,214 Improvement Value $21,138 Tax Amount $2,057.04 Change Rate -0.070626% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $23,270 Land Value $2,206 Improvement Value $21,064 Tax Amount $2,213.36 Change Rate Assessed CR Tax Rate +0.095116%
Year 2018 Assessed Value $26,196 Land Value $2,483 Improvement Value $23,713 Tax Amount $2,213.36 Change Rate +0.021158% Assessed CR Tax Rate +0.084492%
Year 2017 Assessed Value $25,857 Land Value $2,451 Improvement Value $23,406 Tax Amount $2,167.5 Change Rate +0.020029% Assessed CR Tax Rate +0.083826%
Year 2016 Assessed Value $25,480 Land Value $2,415 Improvement Value $23,065 Tax Amount $2,124.94 Change Rate +0.009808% Assessed CR Tax Rate +0.083396%
Year 2015 Assessed Value $25,175 Land Value $2,386 Improvement Value $22,789 Tax Amount $2,104.3 Change Rate +0.015177% Assessed CR Tax Rate +0.083587%
Year 2014 Assessed Value $25,013 Land Value $2,371 Improvement Value $22,642 Tax Amount $2,072.84 Change Rate +0.825712% Assessed CR Tax Rate +0.082871%
Year 2013 Assessed Value $25,013 Land Value $2,371 Improvement Value $22,642 Tax Amount $1,135.36 Change Rate Assessed CR Tax Rate +0.045391%