Large Location Icon

3318 S Palmer St; Springfield, IL Property Details

3318 S Palmer St, Springfield, IL is a Single Family that was built in 1953. This property is currently Financed and is not for sale. Our records show that 3318 S Palmer St has 3 bedrooms, and 2 bathrooms, and a total of 2,133 square feet. The lot size of 3318 S Palmer St is 10,511 square feet.

Off market
3318 S Palmer St Springfield, IL 62703
$164,900 Listing Price
3 Beds
2 Baths
2,133 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1953
  • Purchase Price: $165,000
  • Open Loans / Balance: 1 / $150,008
  • Est. Equity / %: $50,992 / 25.37%
  • Gross Yield: 8.322%
  • APN: 22-14.0-128-012
  • Situs County: Sangamon
  • Length Of Ownership: 3 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 2,133/SqFt
  • Lot: 10,511/SqFt
  • Price Per Square Foot: $77.36

Legal Description

  • Description: SOUTHLAWN SUB NE NW 14-15-5 L 42
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: 39.75577 / -89.62251
  • Subdivision: Southlawn Sub
  • Property Class: Residential
  • Zoning: R1
  • County Use Code: 40

Amenities

  • Plus Four: 4936

Ownership Info

3318 S Palmer St has no associated ownership info
3318 S Palmer St has no associated ownership info.

Taxes

3318 S Palmer St has 10 associated Taxes items

3318 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 $53,902. The APN we've located for 3318 S Palmer St is 22-14.0-128-012.

Unlock the full report
Taxes
  • Assessed Value:  $53,902
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-14.0-128-012
  • Assessed Land Value:  8656
  • Market Land Value:  25968
  • Tax Amount:  3712.42
  • Tax Year:  2025
  • Market Value:  161706
  • Market Year:  2025

Tax History

3318 S Palmer St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $53,902 Land Value $8,656 Improvement Value $45,246 Tax Amount $3,712.42 Change Rate +0.039934% Assessed CR Tax Rate +0.068874%
Year 2024 Assessed Value $50,141 Land Value $8,052 Improvement Value $42,089 Tax Amount $3,569.86 Change Rate -0.105213% Assessed CR Tax Rate +0.071196%
Year 2023 Assessed Value $46,427 Land Value $7,456 Improvement Value $38,971 Tax Amount $3,989.62 Change Rate +1.110195% Assessed CR Tax Rate +0.085933%
Year 2022 Assessed Value $32,690 Land Value $7,056 Improvement Value $25,634 Tax Amount $1,890.64 Change Rate +0.057571% Assessed CR Tax Rate +0.057835%
Year 2021 Assessed Value $31,408 Land Value $6,779 Improvement Value $24,629 Tax Amount $1,787.72 Change Rate +0.100095% Assessed CR Tax Rate +0.056919%
Year 2020 Assessed Value $31,066 Land Value $6,705 Improvement Value $24,361 Tax Amount $1,625.06 Change Rate +0.087069% Assessed CR Tax Rate +0.05231%
Year 2019 Assessed Value $30,523 Land Value $6,588 Improvement Value $23,935 Tax Amount $1,494.9 Change Rate Assessed CR Tax Rate +0.048976%
Year 2018 Assessed Value $30,393 Land Value $6,560 Improvement Value $23,833 Tax Amount $1,494.9 Change Rate +0.033746% Assessed CR Tax Rate +0.049186%
Year 2017 Assessed Value $29,926 Land Value $6,459 Improvement Value $23,467 Tax Amount $1,446.1 Change Rate +0.047519% Assessed CR Tax Rate +0.048323%
Year 2016 Assessed Value $29,153 Land Value $6,292 Improvement Value $22,861 Tax Amount $1,380.5 Change Rate +0.033247% Assessed CR Tax Rate +0.047354%
Year 2015 Assessed Value $28,495 Land Value $6,150 Improvement Value $22,345 Tax Amount $1,336.08 Change Rate +0.022719% Assessed CR Tax Rate +0.046888%
Year 2014 Assessed Value $28,258 Land Value $6,099 Improvement Value $22,159 Tax Amount $1,306.4 Change Rate +0.008367% Assessed CR Tax Rate +0.046231%
Year 2013 Assessed Value $28,560 Land Value $6,164 Improvement Value $22,396 Tax Amount $1,295.56 Change Rate Assessed CR Tax Rate +0.045363%