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32 Rainbow Rd; Springfield, IL Property Details

32 Rainbow Rd, Springfield, IL is a Single Family that was built in 1970. This property is currently Financed and is not for sale. Our records show that 32 Rainbow Rd has 3 bedrooms, and 3 bathrooms, and a total of 2,346 square feet. The lot size of 32 Rainbow Rd is 35,441 square feet.

Off market
32 Rainbow Rd Springfield, IL 62712
$94,000 Listing Price
3 Beds
3 Baths
2,346 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1970
  • Purchase Price: $280,000
  • Open Loans / Balance: 1 / $172,352
  • Est. Equity / %: $153,648 / 47.13%
  • Gross Yield: 10.631%
  • APN: 23-31.0-354-008
  • Situs County: Sangamon
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 3

Measurements

  • Total: 2,346/SqFt
  • Lot: 35,441/SqFt
  • Price Per Square Foot: $119.35

Legal Description

  • Description: SUNSET ACRES ADDN L24
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: 39.70267 / -89.587654
  • Subdivision: Sunset Acres Add
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 40

Amenities

  • Plus Four: 8902

Ownership Info

32 Rainbow Rd has no associated ownership info
32 Rainbow Rd has no associated ownership info.

Taxes

32 Rainbow Rd has 8 associated Taxes items

32 Rainbow Rd, 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 $107,303. The APN we've located for 32 Rainbow Rd is 23-31.0-354-008.

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Taxes
  • Assessed Value:  $107,303
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  23-31.0-354-008
  • Assessed Land Value:  13279
  • Market Land Value:  39837
  • Market Value:  321909
  • Market Year:  2025

Tax History

32 Rainbow Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $107,303 Land Value $13,279 Improvement Value $94,024 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $103,774 Land Value $12,842 Improvement Value $90,932 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $98,570 Land Value $12,198 Improvement Value $86,372 Tax Amount $6,609.88 Change Rate +0.474386% Assessed CR Tax Rate +0.067058%
Year 2022 Assessed Value $64,352 Land Value $11,550 Improvement Value $52,802 Tax Amount $4,483.14 Change Rate -0.005228% Assessed CR Tax Rate +0.069666%
Year 2021 Assessed Value $61,782 Land Value $11,089 Improvement Value $50,693 Tax Amount $4,506.7 Change Rate +0.877886% Assessed CR Tax Rate +0.072945%
Year 2020 Assessed Value $60,989 Land Value $10,947 Improvement Value $50,042 Tax Amount $2,399.88 Change Rate +0.009762% Assessed CR Tax Rate +0.039349%
Year 2019 Assessed Value $61,388 Land Value $11,019 Improvement Value $50,369 Tax Amount $2,376.68 Change Rate Assessed CR Tax Rate +0.038716%
Year 2018 Assessed Value $60,403 Land Value $10,842 Improvement Value $49,561 Tax Amount $2,376.68 Change Rate +0.003911% Assessed CR Tax Rate +0.039347%
Year 2017 Assessed Value $59,763 Land Value $10,727 Improvement Value $49,036 Tax Amount $2,367.42 Change Rate -0.002293% Assessed CR Tax Rate +0.039613%
Year 2016 Assessed Value $57,809 Land Value $10,376 Improvement Value $47,433 Tax Amount $2,372.86 Change Rate -0.001372% Assessed CR Tax Rate +0.041047%
Year 2015 Assessed Value $57,287 Land Value $10,282 Improvement Value $47,005 Tax Amount $2,376.12 Change Rate +0.012796% Assessed CR Tax Rate +0.041477%
Year 2014 Assessed Value $56,866 Land Value $10,206 Improvement Value $46,660 Tax Amount $2,346.1 Change Rate -0.151829% Assessed CR Tax Rate +0.041257%
Year 2013 Assessed Value $56,214 Land Value $10,089 Improvement Value $46,125 Tax Amount $2,766.07 Change Rate Assessed CR Tax Rate +0.049206%