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3242 S Palmer St; Springfield, IL Property Details

3242 S Palmer St, Springfield, IL is a Single Family. This property is not for sale. The lot size of 3242 S Palmer St is 8,412 square feet.

Off market
3242 S Palmer St Springfield, IL 62703
$31,858 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $41,000
  • Open Loans / Balance: 1 / $14,510
  • Est. Equity / %: $101,490 / 87.49%
  • Gross Yield: 7.397%
  • APN: 22-14.0-128-008
  • Situs County: Sangamon
  • Length Of Ownership: 20 years, 8 months

Measurements

  • Lot: 8,412/SqFt

Legal Description

  • Description: SOUTHLAWN SUB NE NW 14-15-5 L 46
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: 39.756443 / -89.6227
  • Subdivision: Southlawn Sub
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 40

Amenities

  • Plus Four: 4934

Ownership Info

3242 S Palmer St has no associated ownership info
3242 S Palmer St has no associated ownership info.

Taxes

3242 S Palmer St has 10 associated Taxes items

3242 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 $31,858. The APN we've located for 3242 S Palmer St is 22-14.0-128-008.

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Taxes
  • Assessed Value:  $31,858
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-14.0-128-008
  • Assessed Land Value:  7695
  • Market Land Value:  23085
  • Tax Amount:  2004
  • Tax Year:  2025
  • Market Value:  95574
  • Market Year:  2025

Tax History

3242 S Palmer St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $31,858 Land Value $7,695 Improvement Value $24,163 Tax Amount $2,004 Change Rate +0.048413% Assessed CR Tax Rate +0.062904%
Year 2024 Assessed Value $29,635 Land Value $7,158 Improvement Value $22,477 Tax Amount $1,911.46 Change Rate +0.037484% Assessed CR Tax Rate +0.0645%
Year 2023 Assessed Value $27,440 Land Value $6,628 Improvement Value $20,812 Tax Amount $1,842.4 Change Rate +0.058583% Assessed CR Tax Rate +0.067143%
Year 2022 Assessed Value $25,967 Land Value $6,272 Improvement Value $19,695 Tax Amount $1,740.44 Change Rate +0.048508% Assessed CR Tax Rate +0.067025%
Year 2021 Assessed Value $24,949 Land Value $6,026 Improvement Value $18,923 Tax Amount $1,659.92 Change Rate +0.097424% Assessed CR Tax Rate +0.066533%
Year 2020 Assessed Value $24,677 Land Value $5,960 Improvement Value $18,717 Tax Amount $1,512.56 Change Rate +0.08159% Assessed CR Tax Rate +0.061294%
Year 2019 Assessed Value $24,246 Land Value $5,856 Improvement Value $18,390 Tax Amount $1,398.46 Change Rate Assessed CR Tax Rate +0.057678%
Year 2018 Assessed Value $24,142 Land Value $5,831 Improvement Value $18,311 Tax Amount $1,398.46 Change Rate +0.0299% Assessed CR Tax Rate +0.057926%
Year 2017 Assessed Value $23,771 Land Value $5,741 Improvement Value $18,030 Tax Amount $1,357.86 Change Rate +0.040633% Assessed CR Tax Rate +0.057123%
Year 2016 Assessed Value $23,158 Land Value $5,593 Improvement Value $17,565 Tax Amount $1,304.84 Change Rate +0.02711% Assessed CR Tax Rate +0.056345%
Year 2015 Assessed Value $22,635 Land Value $5,467 Improvement Value $17,168 Tax Amount $1,270.4 Change Rate +0.020451% Assessed CR Tax Rate +0.056125%
Year 2014 Assessed Value $22,446 Land Value $5,421 Improvement Value $17,025 Tax Amount $1,244.94 Change Rate +0.011258% Assessed CR Tax Rate +0.055464%
Year 2013 Assessed Value $22,686 Land Value $5,479 Improvement Value $17,207 Tax Amount $1,231.08 Change Rate Assessed CR Tax Rate +0.054266%