Taxes
- Assessed Value: $53,728
- Assessed Year: 2025
- Assessed County: Sangamon
- APN: 14-36.0-353-003
- Assessed Land Value: 5857
- Market Land Value: 17571
- Tax Amount: 3459.44
- Tax Year: 2025
- Market Value: 161184
- Market Year: 2025
2709 Terrace Ln; Springfield, IL Property Details
Off market
2709 Terrace Ln Springfield, IL 62703
$53,728 Estimated Value
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 2 / Trust
- Owner Status: Trust
- Purchase Price: $120,000
- Est. Equity / %: $167,000 / 100%
- Gross Yield: 11.605%
- APN: 14-36.0-353-003
- Situs County: Sangamon
- Length Of Ownership: 25 years
Measurements
- Lot: 6,600/SqFt
Legal Description
- Description: LOT 43 SOUTH GRAND POINTE 2ND ADDN (6600 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: 39.790043 / -89.613914
- Subdivision: South Grand Pointe 2nd Add
- Property Class: Residential
- County Use Code: 40
Amenities
- Plus Four: 6409
Ownership Info
2709 Terrace Ln has no associated ownership info
2709 Terrace Ln has no associated ownership info.
Taxes
2709 Terrace Ln has 10 associated Taxes items
2709 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 $53,728. The APN we've located for 2709 Terrace Ln is 14-36.0-353-003.
Unlock the full reportTax History
2709 Terrace Ln has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $53,728 | Land Value $5,857 | Improvement Value $47,871 | Tax Amount $3,459.44 | Change Rate +0.053089% | Assessed CR | Tax Rate +0.064388% |
| Year 2024 | Assessed Value $50,110 | Land Value $5,463 | Improvement Value $44,647 | Tax Amount $3,285.04 | Change Rate +0.068605% | Assessed CR | Tax Rate +0.065557% |
| Year 2023 | Assessed Value $45,771 | Land Value $4,990 | Improvement Value $40,781 | Tax Amount $3,074.14 | Change Rate +0.058275% | Assessed CR | Tax Rate +0.067163% |
| Year 2022 | Assessed Value $43,417 | Land Value $4,733 | Improvement Value $38,684 | Tax Amount $2,904.86 | Change Rate +0.048096% | Assessed CR | Tax Rate +0.066906% |
| Year 2021 | Assessed Value $41,792 | Land Value $4,556 | Improvement Value $37,236 | Tax Amount $2,771.56 | Change Rate +0.019721% | Assessed CR | Tax Rate +0.066318% |
| Year 2020 | Assessed Value $41,855 | Land Value $4,563 | Improvement Value $37,292 | Tax Amount $2,717.96 | Change Rate -0.090369% | Assessed CR | Tax Rate +0.064938% |
| Year 2019 | Assessed Value $41,709 | Land Value $4,547 | Improvement Value $37,162 | Tax Amount $2,987.98 | Change Rate | Assessed CR | Tax Rate +0.071639% |
| Year 2018 | Assessed Value $46,364 | Land Value $4,527 | Improvement Value $41,837 | Tax Amount $2,987.98 | Change Rate +0.025339% | Assessed CR | Tax Rate +0.064446% |
| Year 2017 | Assessed Value $45,764 | Land Value $4,468 | Improvement Value $41,296 | Tax Amount $2,914.14 | Change Rate +0.024821% | Assessed CR | Tax Rate +0.063678% |
| Year 2016 | Assessed Value $45,097 | Land Value $4,403 | Improvement Value $40,694 | Tax Amount $2,843.56 | Change Rate +0.013769% | Assessed CR | Tax Rate +0.063054% |
| Year 2015 | Assessed Value $44,557 | Land Value $4,350 | Improvement Value $40,207 | Tax Amount $2,804.94 | Change Rate +0.030584% | Assessed CR | Tax Rate +0.062952% |
| Year 2014 | Assessed Value $44,269 | Land Value $4,322 | Improvement Value $39,947 | Tax Amount $2,721.7 | Change Rate +0.022819% | Assessed CR | Tax Rate +0.061481% |
| Year 2013 | Assessed Value $44,269 | Land Value $4,322 | Improvement Value $39,947 | Tax Amount $2,660.98 | Change Rate | Assessed CR | Tax Rate +0.060109% |