Large Location Icon

24 Rainbow Rd; Springfield, IL Property Details

24 Rainbow Rd, Springfield, IL is a Single Family that was built in 1956. This property is currently Financed and is not for sale. Our records show that 24 Rainbow Rd has 3 bedrooms, and 2 bathrooms, and a total of 1,382 square feet. The lot size of 24 Rainbow Rd is 14,183 square feet.

Off market
24 Rainbow Rd Springfield, IL 62712
$59,900 Listing Price
3 Beds
2 Baths
1,382 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $175,000
  • Open Loans / Balance: 1 / $139,315
  • Est. Equity / %: $149,685 / 51.79%
  • Gross Yield: 8.554%
  • APN: 23-31.0-354-006
  • Situs County: Sangamon
  • Length Of Ownership: 7 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 1,382/SqFt
  • Lot: 14,183/SqFt
  • Price Per Square Foot: $126.63

Legal Description

  • Description: SUNSET ACRES ADDN L26
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: 39.702454 / -89.58847
  • Subdivision: Sunset Acres Add
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 40

Amenities

  • Plus Four: 8902

Ownership Info

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

Taxes

24 Rainbow Rd has 10 associated Taxes items

24 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 $71,585. The APN we've located for 24 Rainbow Rd is 23-31.0-354-006.

Unlock the full report
Taxes
  • Assessed Value:  $71,585
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  23-31.0-354-006
  • Assessed Land Value:  10761
  • Market Land Value:  32283
  • Tax Amount:  4427.18
  • Tax Year:  2025
  • Market Value:  214755
  • Market Year:  2025

Tax History

24 Rainbow Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $71,585 Land Value $10,761 Improvement Value $60,824 Tax Amount $4,427.18 Change Rate +0.018% Assessed CR Tax Rate +0.061845%
Year 2024 Assessed Value $69,231 Land Value $10,407 Improvement Value $58,824 Tax Amount $4,348.9 Change Rate +0.019184% Assessed CR Tax Rate +0.062817%
Year 2023 Assessed Value $65,759 Land Value $9,885 Improvement Value $55,874 Tax Amount $4,267.04 Change Rate +0.042975% Assessed CR Tax Rate +0.064889%
Year 2022 Assessed Value $62,266 Land Value $9,360 Improvement Value $52,906 Tax Amount $4,091.22 Change Rate +0.042902% Assessed CR Tax Rate +0.065706%
Year 2021 Assessed Value $59,779 Land Value $8,986 Improvement Value $50,793 Tax Amount $3,922.92 Change Rate +0.016295% Assessed CR Tax Rate +0.065624%
Year 2020 Assessed Value $59,012 Land Value $8,871 Improvement Value $50,141 Tax Amount $3,860.02 Change Rate +0.020662% Assessed CR Tax Rate +0.065411%
Year 2019 Assessed Value $59,398 Land Value $8,929 Improvement Value $50,469 Tax Amount $3,781.88 Change Rate Assessed CR Tax Rate +0.06367%
Year 2018 Assessed Value $58,446 Land Value $8,786 Improvement Value $49,660 Tax Amount $3,781.88 Change Rate +0.015903% Assessed CR Tax Rate +0.064707%
Year 2017 Assessed Value $57,827 Land Value $8,693 Improvement Value $49,134 Tax Amount $3,722.68 Change Rate +0.325949% Assessed CR Tax Rate +0.064376%
Year 2016 Assessed Value $40,542 Land Value $8,409 Improvement Value $32,133 Tax Amount $2,807.56 Change Rate +0.073891% Assessed CR Tax Rate +0.069251%
Year 2015 Assessed Value $36,264 Land Value $8,568 Improvement Value $27,696 Tax Amount $2,614.38 Change Rate +0.020278% Assessed CR Tax Rate +0.072093%
Year 2014 Assessed Value $35,998 Land Value $8,505 Improvement Value $27,493 Tax Amount $2,562.42 Change Rate +0.017528% Assessed CR Tax Rate +0.071182%
Year 2013 Assessed Value $35,585 Land Value $8,407 Improvement Value $27,178 Tax Amount $2,518.28 Change Rate Assessed CR Tax Rate +0.070768%