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2416 Richards Ln; Springfield, IL Property Details

2416 Richards Ln, Springfield, IL is a Single Family. This property is not for sale. The lot size of 2416 Richards Ln is 26,093 square feet.

Off market
2416 Richards Ln Springfield, IL 62702
$27,694 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Purchase Price: $64,000
  • Open Loans / Balance: 1 / $30,000
  • Est. Equity / %: $60,000 / 66.67%
  • Gross Yield: 11.693%
  • APN: 14-11.0-403-040
  • Situs County: Sangamon
  • Length Of Ownership: 21 years, 6 months

Measurements

  • Lot: 26,093/SqFt

Legal Description

  • Description: E1/2 L11 EX N10' JAMES F. BROOKS SUB (73.5'X355')
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: 39.849854 / -89.62093
  • Subdivision: James F. Brooks Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 1142

Ownership Info

2416 Richards Ln has no associated ownership info
2416 Richards Ln has no associated ownership info.

Taxes

2416 Richards Ln has 10 associated Taxes items

2416 Richards 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 $27,694. The APN we've located for 2416 Richards Ln is 14-11.0-403-040.

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Taxes
  • Assessed Value:  $27,694
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-11.0-403-040
  • Assessed Land Value:  7810
  • Market Land Value:  23430
  • Tax Amount:  1351.62
  • Tax Year:  2025
  • Market Value:  83082
  • Market Year:  2025

Tax History

2416 Richards Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $27,694 Land Value $7,810 Improvement Value $19,884 Tax Amount $1,351.62 Change Rate +0.08515% Assessed CR Tax Rate +0.048806%
Year 2024 Assessed Value $25,829 Land Value $7,284 Improvement Value $18,545 Tax Amount $1,245.56 Change Rate +0.11882% Assessed CR Tax Rate +0.048223%
Year 2023 Assessed Value $23,592 Land Value $6,653 Improvement Value $16,939 Tax Amount $1,113.28 Change Rate +0.091815% Assessed CR Tax Rate +0.047189%
Year 2022 Assessed Value $22,379 Land Value $6,311 Improvement Value $16,068 Tax Amount $1,019.66 Change Rate +0.074706% Assessed CR Tax Rate +0.045563%
Year 2021 Assessed Value $21,541 Land Value $6,075 Improvement Value $15,466 Tax Amount $948.78 Change Rate +0.018704% Assessed CR Tax Rate +0.044045%
Year 2020 Assessed Value $21,573 Land Value $6,084 Improvement Value $15,489 Tax Amount $931.36 Change Rate -0.43469% Assessed CR Tax Rate +0.043172%
Year 2019 Assessed Value $21,498 Land Value $6,063 Improvement Value $15,435 Tax Amount $1,647.52 Change Rate Assessed CR Tax Rate +0.076636%
Year 2018 Assessed Value $19,499 Land Value $6,033 Improvement Value $13,466 Tax Amount $1,647.52 Change Rate +0.021148% Assessed CR Tax Rate +0.084493%
Year 2017 Assessed Value $19,247 Land Value $5,955 Improvement Value $13,292 Tax Amount $1,613.4 Change Rate +0.020042% Assessed CR Tax Rate +0.083826%
Year 2016 Assessed Value $18,966 Land Value $5,868 Improvement Value $13,098 Tax Amount $1,581.7 Change Rate +0.009806% Assessed CR Tax Rate +0.083397%
Year 2015 Assessed Value $18,739 Land Value $5,798 Improvement Value $12,941 Tax Amount $1,566.34 Change Rate +0.015205% Assessed CR Tax Rate +0.083587%
Year 2014 Assessed Value $18,618 Land Value $5,761 Improvement Value $12,857 Tax Amount $1,542.88 Change Rate +0.022818% Assessed CR Tax Rate +0.08287%
Year 2013 Assessed Value $18,618 Land Value $5,761 Improvement Value $12,857 Tax Amount $1,508.46 Change Rate Assessed CR Tax Rate +0.081022%