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3 Lantern Ln; Springfield, IL Property Details

3 Lantern Ln, Springfield, IL is a Single Family that was built in 1935. This property is currently Financed and is not for sale. Our records show that 3 Lantern Ln has 4 bedrooms, and 3.5 bathrooms, and a total of 3,036 square feet. The lot size of 3 Lantern Ln is 11,757 square feet.

Off market
3 Lantern Ln Springfield, IL 62704
$299,900 Listing Price
4 Beds
3.5 Baths
3,036 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1935
  • Purchase Price: $295,000
  • Open Loans / Balance: 1 / $214,266
  • Est. Equity / %: $304,734 / 58.72%
  • Gross Yield: 8.428%
  • APN: 22-05.0-181-009
  • Situs County: Sangamon
  • Length Of Ownership: 8 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5

Measurements

  • Total: 3,036/SqFt
  • Lot: 11,757/SqFt
  • Price Per Square Foot: $97.17

Legal Description

  • Description: LOTS 3 & 5 LANTERN LN CT
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: 39.779785 / -89.68071
  • Subdivision: Lantern Lane Court
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 3319

Ownership Info

3 Lantern Ln has no associated ownership info
3 Lantern Ln has no associated ownership info.

Taxes

3 Lantern Ln has 10 associated Taxes items

3 Lantern 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 $125,442. The APN we've located for 3 Lantern Ln is 22-05.0-181-009.

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Taxes
  • Assessed Value:  $125,442
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-05.0-181-009
  • Assessed Land Value:  15657
  • Market Land Value:  46971
  • Tax Amount:  10336.28
  • Tax Year:  2025
  • Market Value:  376326
  • Market Year:  2025

Tax History

3 Lantern Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $125,442 Land Value $15,657 Improvement Value $109,785 Tax Amount $10,336.28 Change Rate +0.031967% Assessed CR Tax Rate +0.082399%
Year 2024 Assessed Value $116,691 Land Value $14,565 Improvement Value $102,126 Tax Amount $10,016.1 Change Rate +0.028079% Assessed CR Tax Rate +0.085834%
Year 2023 Assessed Value $108,047 Land Value $13,486 Improvement Value $94,561 Tax Amount $9,742.54 Change Rate +0.047263% Assessed CR Tax Rate +0.090169%
Year 2022 Assessed Value $102,249 Land Value $12,762 Improvement Value $89,487 Tax Amount $9,302.86 Change Rate +0.038906% Assessed CR Tax Rate +0.090982%
Year 2021 Assessed Value $98,241 Land Value $12,262 Improvement Value $85,979 Tax Amount $8,954.48 Change Rate +0.035195% Assessed CR Tax Rate +0.091148%
Year 2020 Assessed Value $97,173 Land Value $12,129 Improvement Value $85,044 Tax Amount $8,650.04 Change Rate +0.073249% Assessed CR Tax Rate +0.089017%
Year 2019 Assessed Value $95,474 Land Value $11,917 Improvement Value $83,557 Tax Amount $8,059.68 Change Rate Assessed CR Tax Rate +0.084418%
Year 2018 Assessed Value $95,065 Land Value $11,866 Improvement Value $83,199 Tax Amount $8,059.68 Change Rate +0.025872% Assessed CR Tax Rate +0.084781%
Year 2017 Assessed Value $93,605 Land Value $11,684 Improvement Value $81,921 Tax Amount $7,856.42 Change Rate +0.032853% Assessed CR Tax Rate +0.083932%
Year 2016 Assessed Value $91,188 Land Value $11,382 Improvement Value $79,806 Tax Amount $7,606.52 Change Rate +0.0225% Assessed CR Tax Rate +0.083416%
Year 2015 Assessed Value $89,129 Land Value $11,125 Improvement Value $78,004 Tax Amount $7,439.14 Change Rate +0.01741% Assessed CR Tax Rate +0.083465%
Year 2014 Assessed Value $88,386 Land Value $11,032 Improvement Value $77,354 Tax Amount $7,311.84 Change Rate -0.217017% Assessed CR Tax Rate +0.082726%
Year 2013 Assessed Value $114,025 Land Value $11,150 Improvement Value $102,875 Tax Amount $9,338.44 Change Rate Assessed CR Tax Rate +0.081898%