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2937 S Bay Ln; Springfield, IL Property Details

2937 S Bay Ln, Springfield, IL is a Single Family that was built in 1974. This property is currently Financed and is not for sale. Our records show that 2937 S Bay Ln has 4 bedrooms, and 2.5 bathrooms, and a total of 2,237 square feet. The lot size of 2937 S Bay Ln is 20,782 square feet.

Off market
2937 S Bay Ln Springfield, IL 62704
$237,000 Listing Price
4 Beds
2.5 Baths
2,237 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1974
  • Purchase Price: $237,000
  • Open Loans / Balance: 1 / $226,397
  • Est. Equity / %: $47,603 / 17.37%
  • Gross Yield: 12.039%
  • APN: 14-31.0-101-013
  • Situs County: Sangamon
  • Length Of Ownership: 2 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5

Measurements

  • Total: 2,237/SqFt
  • Lot: 20,782/SqFt
  • Price Per Square Foot: $105.95

Legal Description

  • Description: L104 MONROE PARK WEST 3RD PLAT (20782.51 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: 39.797752 / -89.70923
  • Subdivision: Monroe Park West Third Plat
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 1031

Ownership Info

2937 S Bay Ln has no associated ownership info
2937 S Bay Ln has no associated ownership info.

Taxes

2937 S Bay Ln has 10 associated Taxes items

2937 S Bay 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 $95,315. The APN we've located for 2937 S Bay Ln is 14-31.0-101-013.

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Taxes
  • Assessed Value:  $95,315
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-31.0-101-013
  • Assessed Land Value:  16939
  • Market Land Value:  50817
  • Tax Amount:  7231.3
  • Tax Year:  2025
  • Market Value:  285945
  • Market Year:  2025

Tax History

2937 S Bay Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $95,315 Land Value $16,939 Improvement Value $78,376 Tax Amount $7,231.3 Change Rate +0.038553% Assessed CR Tax Rate +0.075867%
Year 2024 Assessed Value $88,896 Land Value $15,798 Improvement Value $73,098 Tax Amount $6,962.86 Change Rate -0.010434% Assessed CR Tax Rate +0.078326%
Year 2023 Assessed Value $90,586 Land Value $14,430 Improvement Value $76,156 Tax Amount $7,036.28 Change Rate +0.047951% Assessed CR Tax Rate +0.077675%
Year 2022 Assessed Value $85,929 Land Value $13,688 Improvement Value $72,241 Tax Amount $6,714.32 Change Rate +0.040232% Assessed CR Tax Rate +0.078138%
Year 2021 Assessed Value $82,711 Land Value $13,175 Improvement Value $69,536 Tax Amount $6,454.64 Change Rate +0.020045% Assessed CR Tax Rate +0.078038%
Year 2020 Assessed Value $82,835 Land Value $13,195 Improvement Value $69,640 Tax Amount $6,327.8 Change Rate +0.151782% Assessed CR Tax Rate +0.07639%
Year 2019 Assessed Value $82,546 Land Value $13,149 Improvement Value $69,397 Tax Amount $5,493.92 Change Rate Assessed CR Tax Rate +0.066556%
Year 2018 Assessed Value $76,023 Land Value $13,085 Improvement Value $62,938 Tax Amount $5,493.92 Change Rate +0.023416% Assessed CR Tax Rate +0.072267%
Year 2017 Assessed Value $75,040 Land Value $12,916 Improvement Value $62,124 Tax Amount $5,368.22 Change Rate +0.022627% Assessed CR Tax Rate +0.071538%
Year 2016 Assessed Value $73,946 Land Value $12,728 Improvement Value $61,218 Tax Amount $5,249.44 Change Rate +0.011925% Assessed CR Tax Rate +0.07099%
Year 2015 Assessed Value $73,062 Land Value $12,576 Improvement Value $60,486 Tax Amount $5,187.58 Change Rate +0.016383% Assessed CR Tax Rate +0.071002%
Year 2014 Assessed Value $72,590 Land Value $12,495 Improvement Value $60,095 Tax Amount $5,103.96 Change Rate +0.022821% Assessed CR Tax Rate +0.070312%
Year 2013 Assessed Value $72,590 Land Value $12,495 Improvement Value $60,095 Tax Amount $4,990.08 Change Rate Assessed CR Tax Rate +0.068743%