Taxes
- Assessed Value: $64,933
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-36.0-353-024
- Assessed Land Value: 11715
- Market Land Value: 35145
- Tax Amount: 5257.24
- Tax Year: 2025
- Market Value: 194799
- Market Year: 2025
2701 Terrace Ln; Springfield, IL Property Details
Off market
2701 Terrace Ln Springfield, IL 62703
$160,000 Listing Price
4 Beds
3 Baths
2,011 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 2003
- Purchase Price: $160,000
- Open Loans / Balance: 1 / $138,676
- Est. Equity / %: $41,324 / 22.96%
- Gross Yield: 13.013%
- APN: 14-36.0-353-024
- Situs County: Sangamon
- Length Of Ownership: 3 years, 2 months
Rooms
- Bedrooms: 4
- Bathrooms: 3
Measurements
- Total: 2,011/SqFt
- Lot: 14,375/SqFt
- Price Per Square Foot: $79.56
Legal Description
- Description: LOTS 44 & 45 SOUTH GRAND POINTE 2ND ADDN (14,370 SQ FT)
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: 39.790016 / -89.614204
- Subdivision: South Grand Pointe 2nd Add
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 6409
Ownership Info
2701 Terrace Ln has no associated ownership info
2701 Terrace Ln has no associated ownership info.
Taxes
2701 Terrace Ln has 10 associated Taxes items
2701 Terrace 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 $64,933. The APN we've located for 2701 Terrace Ln is 14-36.0-353-024.
Unlock the full reportTax History
2701 Terrace Ln has 8 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $64,933 | Land Value $11,715 | Improvement Value $53,218 | Tax Amount $5,257.24 | Change Rate +0.033519% | Assessed CR | Tax Rate +0.080964% |
| Year 2024 | Assessed Value $60,560 | Land Value $10,926 | Improvement Value $49,634 | Tax Amount $5,086.74 | Change Rate +0.040118% | Assessed CR | Tax Rate +0.083995% |
| Year 2023 | Assessed Value $55,316 | Land Value $9,980 | Improvement Value $45,336 | Tax Amount $4,890.54 | Change Rate +0.544277% | Assessed CR | Tax Rate +0.088411% |
| Year 2022 | Assessed Value $51,870 | Land Value $9,467 | Improvement Value $42,403 | Tax Amount $3,166.88 | Change Rate -0.004445% | Assessed CR | Tax Rate +0.061054% |
| Year 2021 | Assessed Value $46,433 | Land Value $9,112 | Improvement Value $37,321 | Tax Amount $3,181.02 | Change Rate +0.021811% | Assessed CR | Tax Rate +0.068508% |
| Year 2020 | Assessed Value $46,503 | Land Value $9,126 | Improvement Value $37,377 | Tax Amount $3,113.12 | Change Rate -0.062991% | Assessed CR | Tax Rate +0.066944% |
| Year 2019 | Assessed Value $46,341 | Land Value $9,094 | Improvement Value $37,247 | Tax Amount $3,322.4 | Change Rate | Assessed CR | Tax Rate +0.071695% |
| Year 2018 | Assessed Value $50,981 | Land Value $9,050 | Improvement Value $41,931 | Tax Amount $3,322.4 | Change Rate | Assessed CR | Tax Rate +0.065169% |