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3116 Red Bud Ln; Springfield, IL Property Details

3116 Red Bud Ln, Springfield, IL is a Single Family. This property is not for sale. The lot size of 3116 Red Bud Ln is 11,475 square feet.

Off market
3116 Red Bud Ln Springfield, IL 62712
$130,974 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $218,000
  • Est. Equity / %: $394,000 / 100%
  • Gross Yield: 10.971%
  • APN: 23-07.0-478-010
  • Situs County: Sangamon
  • Length Of Ownership: 23 years, 3 months

Measurements

  • Lot: 11,475/SqFt

Legal Description

  • Description: LOT 21 LAKE FOREST EST 5TH ADDN 85 X 135
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rochester Community Unit School District 3A
  • Lat / Lon: 39.75917 / -89.58235
  • Subdivision: Lake Forest Estates 5th Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 8953

HOA

  • H O A One Type: Home Owner Association

Ownership Info

3116 Red Bud Ln has no associated ownership info
3116 Red Bud Ln has no associated ownership info.

Taxes

3116 Red Bud Ln has 10 associated Taxes items

3116 Red Bud 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 $130,974. The APN we've located for 3116 Red Bud Ln is 23-07.0-478-010.

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Taxes
  • Assessed Value:  $130,974
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  23-07.0-478-010
  • Assessed Land Value:  14644
  • Market Land Value:  43932
  • Tax Amount:  8672.8
  • Tax Year:  2025
  • Market Value:  392922
  • Market Year:  2025

Tax History

3116 Red Bud Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $130,974 Land Value $14,644 Improvement Value $116,330 Tax Amount $8,672.8 Change Rate +0.062322% Assessed CR Tax Rate +0.066218%
Year 2024 Assessed Value $122,155 Land Value $13,658 Improvement Value $108,497 Tax Amount $8,164 Change Rate +0.066309% Assessed CR Tax Rate +0.066833%
Year 2023 Assessed Value $111,577 Land Value $12,475 Improvement Value $99,102 Tax Amount $7,656.32 Change Rate +0.050619% Assessed CR Tax Rate +0.068619%
Year 2022 Assessed Value $105,165 Land Value $11,834 Improvement Value $93,331 Tax Amount $7,287.44 Change Rate +0.038212% Assessed CR Tax Rate +0.069295%
Year 2021 Assessed Value $101,227 Land Value $11,391 Improvement Value $89,836 Tax Amount $7,019.22 Change Rate +0.006444% Assessed CR Tax Rate +0.069341%
Year 2020 Assessed Value $101,379 Land Value $11,408 Improvement Value $89,971 Tax Amount $6,974.28 Change Rate +0.060508% Assessed CR Tax Rate +0.068794%
Year 2019 Assessed Value $101,025 Land Value $11,368 Improvement Value $89,657 Tax Amount $6,576.36 Change Rate Assessed CR Tax Rate +0.065096%
Year 2018 Assessed Value $96,879 Land Value $11,313 Improvement Value $85,566 Tax Amount $6,576.36 Change Rate +0.017304% Assessed CR Tax Rate +0.067882%
Year 2017 Assessed Value $95,627 Land Value $11,167 Improvement Value $84,460 Tax Amount $6,464.5 Change Rate +0.014781% Assessed CR Tax Rate +0.067601%
Year 2016 Assessed Value $94,232 Land Value $11,004 Improvement Value $83,228 Tax Amount $6,370.34 Change Rate +0.010966% Assessed CR Tax Rate +0.067603%
Year 2015 Assessed Value $93,105 Land Value $10,872 Improvement Value $82,233 Tax Amount $6,301.24 Change Rate +0.058146% Assessed CR Tax Rate +0.067679%
Year 2014 Assessed Value $92,504 Land Value $10,802 Improvement Value $81,702 Tax Amount $5,954.98 Change Rate +0.006473% Assessed CR Tax Rate +0.064375%
Year 2013 Assessed Value $88,557 Land Value $10,803 Improvement Value $77,754 Tax Amount $5,916.68 Change Rate Assessed CR Tax Rate +0.066812%