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3218 S Palmer St; Springfield, IL Property Details

3218 S Palmer St, Springfield, IL is a Single Family. This property is not for sale. The lot size of 3218 S Palmer St is 8,412 square feet.

Off market
3218 S Palmer St Springfield, IL 62703
$40,451 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $94,900
  • Est. Equity / %: $132,000 / 100%
  • Gross Yield: 9.636%
  • APN: 22-14.0-128-004
  • Situs County: Sangamon
  • Length Of Ownership: 15 years, 3 months

Measurements

  • Lot: 8,412/SqFt

Legal Description

  • Description: SOUTHLAWN SUB NE NW 14-15-5 L 50
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: 39.75711 / -89.622604
  • Subdivision: Southlawn Sub
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 40

Amenities

  • Plus Four: 4934

Ownership Info

3218 S Palmer St has no associated ownership info
3218 S Palmer St has no associated ownership info.

Taxes

3218 S Palmer St has 10 associated Taxes items

3218 S Palmer St, 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 $40,451. The APN we've located for 3218 S Palmer St is 22-14.0-128-004.

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Taxes
  • Assessed Value:  $40,451
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-14.0-128-004
  • Assessed Land Value:  7695
  • Market Land Value:  23085
  • Tax Amount:  2669.96
  • Tax Year:  2025
  • Market Value:  121353
  • Market Year:  2025

Tax History

3218 S Palmer St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $40,451 Land Value $7,695 Improvement Value $32,756 Tax Amount $2,669.96 Change Rate +0.043785% Assessed CR Tax Rate +0.066005%
Year 2024 Assessed Value $37,629 Land Value $7,158 Improvement Value $30,471 Tax Amount $2,557.96 Change Rate +0.032068% Assessed CR Tax Rate +0.067978%
Year 2023 Assessed Value $34,842 Land Value $6,628 Improvement Value $28,214 Tax Amount $2,478.48 Change Rate +0.054206% Assessed CR Tax Rate +0.071135%
Year 2022 Assessed Value $32,972 Land Value $6,272 Improvement Value $26,700 Tax Amount $2,351.04 Change Rate +0.045158% Assessed CR Tax Rate +0.071304%
Year 2021 Assessed Value $31,679 Land Value $6,026 Improvement Value $25,653 Tax Amount $2,249.46 Change Rate +0.096399% Assessed CR Tax Rate +0.071008%
Year 2020 Assessed Value $31,334 Land Value $5,960 Improvement Value $25,374 Tax Amount $2,051.68 Change Rate +0.079582% Assessed CR Tax Rate +0.065478%
Year 2019 Assessed Value $30,786 Land Value $5,856 Improvement Value $24,930 Tax Amount $1,900.44 Change Rate Assessed CR Tax Rate +0.061731%
Year 2018 Assessed Value $30,654 Land Value $5,831 Improvement Value $24,823 Tax Amount $1,900.44 Change Rate +0.028499% Assessed CR Tax Rate +0.061996%
Year 2017 Assessed Value $30,183 Land Value $5,741 Improvement Value $24,442 Tax Amount $1,847.78 Change Rate +0.038172% Assessed CR Tax Rate +0.061219%
Year 2016 Assessed Value $29,404 Land Value $5,593 Improvement Value $23,811 Tax Amount $1,779.84 Change Rate +0.024876% Assessed CR Tax Rate +0.060531%
Year 2015 Assessed Value $28,740 Land Value $5,467 Improvement Value $23,273 Tax Amount $1,736.64 Change Rate +0.019622% Assessed CR Tax Rate +0.060426%
Year 2014 Assessed Value $28,500 Land Value $5,421 Improvement Value $23,079 Tax Amount $1,703.22 Change Rate +0.012291% Assessed CR Tax Rate +0.059762%
Year 2013 Assessed Value $28,805 Land Value $5,479 Improvement Value $23,326 Tax Amount $1,682.54 Change Rate Assessed CR Tax Rate +0.058411%