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4956 Oak Terrace Ln; Springfield, IL Property Details

4956 Oak Terrace Ln, Springfield, IL is a Single Family. This property is not for sale. Our records show that 4956 Oak Terrace Ln has 4 bedrooms, and 1.5 bathrooms, and a total of 1,680 square feet. The lot size of 4956 Oak Terrace Ln is 13,504 square feet.

Off market
4956 Oak Terrace Ln Springfield, IL 62707
$78,000 Listing Price
4 Beds
1.5 Baths
1,680 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $60,000
  • Open Loans / Balance: 2 / $155,170
  • Est. Equity / %: $41,830 / 21.23%
  • Gross Yield: 8.053%
  • APN: 15-20.0-476-006
  • Situs County: Sangamon
  • Length Of Ownership: 32 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5

Measurements

  • Total: 1,680/SqFt
  • Lot: 13,504/SqFt
  • Price Per Square Foot: $35.71

Legal Description

  • Description: PT E1/2 SE 20-16-4
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Riverton Community Unit School District 14
  • Lat / Lon: 39.82145 / -89.560074
  • Property Class: Residential
  • Zoning: A
  • County Use Code: 40

Amenities

  • Plus Four: 3110

Ownership Info

4956 Oak Terrace Ln has no associated ownership info
4956 Oak Terrace Ln has no associated ownership info.

Taxes

4956 Oak Terrace Ln has 10 associated Taxes items

4956 Oak Terrace Ln, 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 $46,818. The APN we've located for 4956 Oak Terrace Ln is 15-20.0-476-006.

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Taxes
  • Assessed Value:  $46,818
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  15-20.0-476-006
  • Assessed Land Value:  3141
  • Market Land Value:  9423
  • Tax Amount:  2125.48
  • Tax Year:  2025
  • Market Value:  140454
  • Market Year:  2025

Tax History

4956 Oak Terrace Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $46,818 Land Value $3,141 Improvement Value $43,677 Tax Amount $2,125.48 Change Rate +0.087402% Assessed CR Tax Rate +0.045399%
Year 2024 Assessed Value $43,965 Land Value $2,950 Improvement Value $41,015 Tax Amount $1,954.64 Change Rate +0.112804% Assessed CR Tax Rate +0.044459%
Year 2023 Assessed Value $40,667 Land Value $2,729 Improvement Value $37,938 Tax Amount $1,756.5 Change Rate +0.244086% Assessed CR Tax Rate +0.043192%
Year 2022 Assessed Value $37,851 Land Value $2,540 Improvement Value $35,311 Tax Amount $1,411.88 Change Rate -0.015467% Assessed CR Tax Rate +0.037301%
Year 2021 Assessed Value $36,270 Land Value $2,434 Improvement Value $33,836 Tax Amount $1,434.06 Change Rate +0.016631% Assessed CR Tax Rate +0.039538%
Year 2020 Assessed Value $36,035 Land Value $2,418 Improvement Value $33,617 Tax Amount $1,410.6 Change Rate -0.105426% Assessed CR Tax Rate +0.039145%
Year 2019 Assessed Value $35,873 Land Value $2,407 Improvement Value $33,466 Tax Amount $1,576.84 Change Rate Assessed CR Tax Rate +0.043956%
Year 2018 Assessed Value $35,207 Land Value $2,362 Improvement Value $32,845 Tax Amount $1,576.84 Change Rate +0.036263% Assessed CR Tax Rate +0.044788%
Year 2017 Assessed Value $34,238 Land Value $2,297 Improvement Value $31,941 Tax Amount $1,521.66 Change Rate +0.14153% Assessed CR Tax Rate +0.044444%
Year 2016 Assessed Value $33,186 Land Value $2,226 Improvement Value $30,960 Tax Amount $1,333 Change Rate -0.060897% Assessed CR Tax Rate +0.040168%
Year 2015 Assessed Value $32,266 Land Value $2,164 Improvement Value $30,102 Tax Amount $1,419.44 Change Rate +0.032245% Assessed CR Tax Rate +0.043992%
Year 2014 Assessed Value $31,761 Land Value $2,130 Improvement Value $29,631 Tax Amount $1,375.1 Change Rate -0.107153% Assessed CR Tax Rate +0.043295%
Year 2013 Assessed Value $32,059 Land Value $2,150 Improvement Value $29,909 Tax Amount $1,540.13 Change Rate Assessed CR Tax Rate +0.04804%