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3508 Banyan Dr; Springfield, IL Property Details

3508 Banyan Dr, Springfield, IL is a Single Family. This property is not for sale. The lot size of 3508 Banyan Dr is 13,030 square feet.

Off market
3508 Banyan Dr Springfield, IL 62712
$94,545 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $185,000
  • Open Loans / Balance: 3 / $233,801
  • Est. Equity / %: $195,199 / 45.5%
  • Gross Yield: 8.962%
  • APN: 23-07.0-376-026
  • Situs County: Sangamon
  • Length Of Ownership: 24 years, 6 months

Measurements

  • Lot: 13,030/SqFt

Legal Description

  • Description: LOT 7 LAKE FOREST EST 8TH ADDN (13030.36 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: 39.760284 / -89.58489
  • 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

3508 Banyan Dr has no associated ownership info
3508 Banyan Dr has no associated ownership info.

Taxes

3508 Banyan Dr has 10 associated Taxes items

3508 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 $94,545. The APN we've located for 3508 Banyan Dr is 23-07.0-376-026.

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Taxes
  • Assessed Value:  $94,545
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  23-07.0-376-026
  • Assessed Land Value:  16898
  • Market Land Value:  50694
  • Tax Amount:  6400.84
  • Tax Year:  2025
  • Market Value:  283635
  • Market Year:  2025

Tax History

3508 Banyan Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $94,545 Land Value $16,898 Improvement Value $77,647 Tax Amount $6,400.84 Change Rate +0.06049% Assessed CR Tax Rate +0.067702%
Year 2024 Assessed Value $88,178 Land Value $15,760 Improvement Value $72,418 Tax Amount $6,035.74 Change Rate +0.063671% Assessed CR Tax Rate +0.068449%
Year 2023 Assessed Value $80,542 Land Value $14,395 Improvement Value $66,147 Tax Amount $5,674.44 Change Rate +0.048364% Assessed CR Tax Rate +0.070453%
Year 2022 Assessed Value $75,940 Land Value $13,654 Improvement Value $62,286 Tax Amount $5,412.66 Change Rate +0.036944% Assessed CR Tax Rate +0.071275%
Year 2021 Assessed Value $73,097 Land Value $13,143 Improvement Value $59,954 Tax Amount $5,219.82 Change Rate +0.00649% Assessed CR Tax Rate +0.071409%
Year 2020 Assessed Value $73,207 Land Value $13,163 Improvement Value $60,044 Tax Amount $5,186.16 Change Rate +0.033161% Assessed CR Tax Rate +0.070842%
Year 2019 Assessed Value $72,952 Land Value $13,117 Improvement Value $59,835 Tax Amount $5,019.7 Change Rate Assessed CR Tax Rate +0.068808%
Year 2018 Assessed Value $71,551 Land Value $13,054 Improvement Value $58,497 Tax Amount $5,019.7 Change Rate +0.016821% Assessed CR Tax Rate +0.070156%
Year 2017 Assessed Value $70,626 Land Value $12,885 Improvement Value $57,741 Tax Amount $4,936.66 Change Rate +0.014217% Assessed CR Tax Rate +0.069899%
Year 2016 Assessed Value $69,596 Land Value $12,697 Improvement Value $56,899 Tax Amount $4,867.46 Change Rate +0.010496% Assessed CR Tax Rate +0.069939%
Year 2015 Assessed Value $68,764 Land Value $12,545 Improvement Value $56,219 Tax Amount $4,816.9 Change Rate +0.051518% Assessed CR Tax Rate +0.07005%
Year 2014 Assessed Value $68,320 Land Value $12,464 Improvement Value $55,856 Tax Amount $4,580.9 Change Rate +0.006477% Assessed CR Tax Rate +0.067051%
Year 2013 Assessed Value $65,661 Land Value $12,464 Improvement Value $53,197 Tax Amount $4,551.42 Change Rate Assessed CR Tax Rate +0.069317%