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3504 Banyan Dr; Springfield, IL Property Details

3504 Banyan Dr, Springfield, IL is a Single Family. This property is currently Financed and is not for sale. The lot size of 3504 Banyan Dr is 11,725 square feet.

Off market
3504 Banyan Dr Springfield, IL 62712
$119,444 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $275,000
  • Open Loans / Balance: 2 / $225,016
  • Est. Equity / %: $190,984 / 45.91%
  • Gross Yield: 11.446%
  • APN: 23-07.0-376-025
  • Situs County: Sangamon
  • Length Of Ownership: 6 years, 2 months

Measurements

  • Lot: 11,725/SqFt

Legal Description

  • Description: LOT 8 LAKE FOREST EST 8TH ADDN (11725.00 SQ FT) 7-15-4
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: 39.760506 / -89.585075
  • Subdivision: Lake Forest Estate
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 9121

HOA

  • H O A One Type: Home Owner Association

Ownership Info

3504 Banyan Dr has no associated ownership info
3504 Banyan Dr has no associated ownership info.

Taxes

3504 Banyan Dr has 10 associated Taxes items

3504 Banyan Dr, 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 $119,444. The APN we've located for 3504 Banyan Dr is 23-07.0-376-025.

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Taxes
  • Assessed Value:  $119,444
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  23-07.0-376-025
  • Assessed Land Value:  16898
  • Market Land Value:  50694
  • Tax Amount:  7839.32
  • Tax Year:  2025
  • Market Value:  358332
  • Market Year:  2025

Tax History

3504 Banyan Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $119,444 Land Value $16,898 Improvement Value $102,546 Tax Amount $7,839.32 Change Rate +0.06308% Assessed CR Tax Rate +0.065632%
Year 2024 Assessed Value $111,401 Land Value $15,760 Improvement Value $95,641 Tax Amount $7,374.16 Change Rate +0.067395% Assessed CR Tax Rate +0.066195%
Year 2023 Assessed Value $101,754 Land Value $14,395 Improvement Value $87,359 Tax Amount $6,908.56 Change Rate +0.051278% Assessed CR Tax Rate +0.067895%
Year 2022 Assessed Value $95,915 Land Value $13,654 Improvement Value $82,261 Tax Amount $6,571.58 Change Rate +0.038722% Assessed CR Tax Rate +0.068515%
Year 2021 Assessed Value $92,324 Land Value $13,143 Improvement Value $79,181 Tax Amount $6,326.6 Change Rate +0.022074% Assessed CR Tax Rate +0.068526%
Year 2020 Assessed Value $86,215 Land Value $13,163 Improvement Value $73,052 Tax Amount $6,189.96 Change Rate +0.033355% Assessed CR Tax Rate +0.071797%
Year 2019 Assessed Value $85,914 Land Value $13,117 Improvement Value $72,797 Tax Amount $5,990.16 Change Rate Assessed CR Tax Rate +0.069723%
Year 2018 Assessed Value $84,224 Land Value $13,054 Improvement Value $71,170 Tax Amount $5,990.16 Change Rate +0.016625% Assessed CR Tax Rate +0.071122%
Year 2017 Assessed Value $83,135 Land Value $12,885 Improvement Value $70,250 Tax Amount $5,892.2 Change Rate +0.014001% Assessed CR Tax Rate +0.070875%
Year 2016 Assessed Value $81,922 Land Value $12,697 Improvement Value $69,225 Tax Amount $5,810.84 Change Rate +0.010317% Assessed CR Tax Rate +0.070931%
Year 2015 Assessed Value $80,942 Land Value $12,545 Improvement Value $68,397 Tax Amount $5,751.5 Change Rate +0.052297% Assessed CR Tax Rate +0.071057%
Year 2014 Assessed Value $80,419 Land Value $12,464 Improvement Value $67,955 Tax Amount $5,465.66 Change Rate +0.006478% Assessed CR Tax Rate +0.067965%
Year 2013 Assessed Value $77,184 Land Value $12,464 Improvement Value $64,720 Tax Amount $5,430.48 Change Rate Assessed CR Tax Rate +0.070358%