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20 Rainbow Rd; Springfield, IL Property Details

20 Rainbow Rd, Springfield, IL is a Single Family. This property is currently Financed and is not for sale. The lot size of 20 Rainbow Rd is 14,217 square feet.

Off market
20 Rainbow Rd Springfield, IL 62712
$62,524 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $180,000
  • Open Loans / Balance: 1 / $120,413
  • Est. Equity / %: $111,587 / 48.1%
  • Gross Yield: 10.371%
  • APN: 23-31.0-354-005
  • Situs County: Sangamon
  • Length Of Ownership: 3 years, 6 months

Measurements

  • Lot: 14,217/SqFt

Legal Description

  • Description: SUNSET ACRES ADDN L27
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: 39.70249 / -89.58884
  • Subdivision: Sunset Acres Add
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 40

Amenities

  • Plus Four: 8902

Ownership Info

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

Taxes

20 Rainbow Rd has 10 associated Taxes items

20 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 $62,524. The APN we've located for 20 Rainbow Rd is 23-31.0-354-005.

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Taxes
  • Assessed Value:  $62,524
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  23-31.0-354-005
  • Assessed Land Value:  11065
  • Market Land Value:  33195
  • Tax Amount:  3815.54
  • Tax Year:  2025
  • Market Value:  187572
  • Market Year:  2025

Tax History

20 Rainbow Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $62,524 Land Value $11,065 Improvement Value $51,459 Tax Amount $3,815.54 Change Rate +0.018509% Assessed CR Tax Rate +0.061025%
Year 2024 Assessed Value $60,468 Land Value $10,701 Improvement Value $49,767 Tax Amount $3,746.2 Change Rate +0.020024% Assessed CR Tax Rate +0.061953%
Year 2023 Assessed Value $57,435 Land Value $10,164 Improvement Value $47,271 Tax Amount $3,672.66 Change Rate +0.164246% Assessed CR Tax Rate +0.063945%
Year 2022 Assessed Value $54,384 Land Value $9,624 Improvement Value $44,760 Tax Amount $3,154.54 Change Rate +0.049338% Assessed CR Tax Rate +0.058005%
Year 2021 Assessed Value $52,212 Land Value $9,240 Improvement Value $42,972 Tax Amount $3,006.22 Change Rate +0.018353% Assessed CR Tax Rate +0.057577%
Year 2020 Assessed Value $51,542 Land Value $9,121 Improvement Value $42,421 Tax Amount $2,952.04 Change Rate -0.091238% Assessed CR Tax Rate +0.057274%
Year 2019 Assessed Value $51,880 Land Value $9,181 Improvement Value $42,699 Tax Amount $3,248.42 Change Rate Assessed CR Tax Rate +0.062614%
Year 2018 Assessed Value $51,048 Land Value $9,034 Improvement Value $42,014 Tax Amount $3,248.42 Change Rate +0.016116% Assessed CR Tax Rate +0.063635%
Year 2017 Assessed Value $50,507 Land Value $8,938 Improvement Value $41,569 Tax Amount $3,196.9 Change Rate +0.036145% Assessed CR Tax Rate +0.063296%
Year 2016 Assessed Value $48,856 Land Value $8,646 Improvement Value $40,210 Tax Amount $3,085.38 Change Rate +0.009013% Assessed CR Tax Rate +0.063153%
Year 2015 Assessed Value $48,415 Land Value $8,568 Improvement Value $39,847 Tax Amount $3,057.82 Change Rate +0.021371% Assessed CR Tax Rate +0.063159%
Year 2014 Assessed Value $48,059 Land Value $8,505 Improvement Value $39,554 Tax Amount $2,993.84 Change Rate +0.019221% Assessed CR Tax Rate +0.062295%
Year 2013 Assessed Value $47,507 Land Value $8,407 Improvement Value $39,100 Tax Amount $2,937.38 Change Rate Assessed CR Tax Rate +0.06183%