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3518 Teakwood Dr; Springfield, IL Property Details

3518 Teakwood Dr, Springfield, IL is a Single Family that was built in 1997. This property is currently Financed and is not for sale. Our records show that 3518 Teakwood Dr has 2 bedrooms, and 2 bathrooms, and a total of 1,357 square feet. The lot size of 3518 Teakwood Dr is 7,300 square feet.

Off market
3518 Teakwood Dr Springfield, IL 62712
$192,000 Listing Price
2 Beds
2 Baths
1,357 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1997
  • Purchase Price: $192,000
  • Open Loans / Balance: 1 / $175,865
  • Est. Equity / %: $59,135 / 25.16%
  • Gross Yield: 11.653%
  • APN: 23-18.0-127-035
  • Situs County: Sangamon
  • Length Of Ownership: 3 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2

Measurements

  • Total: 1,357/SqFt
  • Lot: 7,300/SqFt
  • Price Per Square Foot: $141.49

Legal Description

  • Description: E PT LOT 35 LAKE FOREST EST 11TH ADD (7,300 SQ FT)
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: 39.754864 / -89.5847
  • Subdivision: Lake Forest Estate
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 8782

HOA

  • H O A One Type: Home Owner Association

Ownership Info

3518 Teakwood Dr has no associated ownership info
3518 Teakwood Dr has no associated ownership info.

Taxes

3518 Teakwood Dr has 10 associated Taxes items

3518 Teakwood 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 $77,445. The APN we've located for 3518 Teakwood Dr is 23-18.0-127-035.

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Taxes
  • Assessed Value:  $77,445
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  23-18.0-127-035
  • Assessed Land Value:  7885
  • Market Land Value:  23655
  • Tax Amount:  5164.7
  • Tax Year:  2025
  • Market Value:  232335
  • Market Year:  2025

Tax History

3518 Teakwood Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $77,445 Land Value $7,885 Improvement Value $69,560 Tax Amount $5,164.7 Change Rate +0.061734% Assessed CR Tax Rate +0.066689%
Year 2024 Assessed Value $72,230 Land Value $7,354 Improvement Value $64,876 Tax Amount $4,864.4 Change Rate +0.036209% Assessed CR Tax Rate +0.067346%
Year 2023 Assessed Value $65,975 Land Value $6,717 Improvement Value $59,258 Tax Amount $4,694.42 Change Rate +0.166501% Assessed CR Tax Rate +0.071155%
Year 2022 Assessed Value $52,001 Land Value $6,373 Improvement Value $45,628 Tax Amount $4,024.36 Change Rate +0.033488% Assessed CR Tax Rate +0.07739%
Year 2021 Assessed Value $50,054 Land Value $6,134 Improvement Value $43,920 Tax Amount $3,893.96 Change Rate +0.568337% Assessed CR Tax Rate +0.077795%
Year 2020 Assessed Value $55,015 Land Value $6,142 Improvement Value $48,873 Tax Amount $2,482.86 Change Rate +0.007711% Assessed CR Tax Rate +0.045131%
Year 2019 Assessed Value $54,824 Land Value $6,121 Improvement Value $48,703 Tax Amount $2,463.86 Change Rate Assessed CR Tax Rate +0.044941%
Year 2018 Assessed Value $54,053 Land Value $6,092 Improvement Value $47,961 Tax Amount $2,463.86 Change Rate +0.002474% Assessed CR Tax Rate +0.045582%
Year 2017 Assessed Value $53,354 Land Value $6,013 Improvement Value $47,341 Tax Amount $2,457.78 Change Rate -0.001949% Assessed CR Tax Rate +0.046066%
Year 2016 Assessed Value $52,576 Land Value $5,925 Improvement Value $46,651 Tax Amount $2,462.58 Change Rate -0.002721% Assessed CR Tax Rate +0.046838%
Year 2015 Assessed Value $51,947 Land Value $5,854 Improvement Value $46,093 Tax Amount $2,469.3 Change Rate -0.00047% Assessed CR Tax Rate +0.047535%
Year 2014 Assessed Value $51,611 Land Value $5,816 Improvement Value $45,795 Tax Amount $2,470.46 Change Rate +0.00647% Assessed CR Tax Rate +0.047867%
Year 2013 Assessed Value $51,684 Land Value $5,816 Improvement Value $45,868 Tax Amount $2,454.58 Change Rate Assessed CR Tax Rate +0.047492%