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516 N Oaklane Rd; Springfield, IL Property Details

516 N Oaklane Rd, Springfield, IL is a Single Family. This property is not for sale. The lot size of 516 N Oaklane Rd is 269,201 square feet.

Off market
516 N Oaklane Rd Springfield, IL 62707
$21,301 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $42,500
  • Est. Equity / %: $74,000 / 100%
  • Gross Yield: 9.746%
  • APN: 15-28.0-201-037
  • Situs County: Sangamon
  • Length Of Ownership: 3 months

Measurements

  • Lot: 269,201/SqFt

Legal Description

  • Description: LOT 3 & N 48' LOT 2 COUNTY CLERKS ORCHARD HILL SUB NE FRL 1/4 28-16-4
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: Riverton Community Unit School District 14
  • Lat / Lon: 39.810215 / -89.54792
  • Subdivision: County Clerks Orchard Hill Sub
  • Property Class: Residential
  • Zoning: A
  • County Use Code: 40

Amenities

  • Plus Four: 3119

Ownership Info

516 N Oaklane Rd has no associated ownership info
516 N Oaklane Rd has no associated ownership info.

Taxes

516 N Oaklane Rd has 10 associated Taxes items

516 N Oaklane Rd, 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 $21,301. The APN we've located for 516 N Oaklane Rd is 15-28.0-201-037.

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Taxes
  • Assessed Value:  $21,301
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  15-28.0-201-037
  • Assessed Land Value:  18600
  • Market Land Value:  55800
  • Tax Amount:  1264.02
  • Tax Year:  2025
  • Market Value:  63903
  • Market Year:  2025

Tax History

516 N Oaklane Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $21,301 Land Value $18,600 Improvement Value $2,701 Tax Amount $1,264.02 Change Rate +0.001109% Assessed CR Tax Rate +0.059341%
Year 2024 Assessed Value $20,002 Land Value $17,466 Improvement Value $2,536 Tax Amount $1,262.62 Change Rate +0.0749% Assessed CR Tax Rate +0.063125%
Year 2023 Assessed Value $18,502 Land Value $16,156 Improvement Value $2,346 Tax Amount $1,174.64 Change Rate +0.002989% Assessed CR Tax Rate +0.063487%
Year 2022 Assessed Value $17,221 Land Value $15,037 Improvement Value $2,184 Tax Amount $1,171.14 Change Rate +0.027442% Assessed CR Tax Rate +0.068007%
Year 2021 Assessed Value $16,502 Land Value $14,409 Improvement Value $2,093 Tax Amount $1,139.86 Change Rate +0.023269% Assessed CR Tax Rate +0.069074%
Year 2020 Assessed Value $16,395 Land Value $14,316 Improvement Value $2,079 Tax Amount $1,113.94 Change Rate +0.067463% Assessed CR Tax Rate +0.067944%
Year 2019 Assessed Value $16,322 Land Value $14,252 Improvement Value $2,070 Tax Amount $1,043.54 Change Rate Assessed CR Tax Rate +0.063935%
Year 2018 Assessed Value $16,020 Land Value $13,988 Improvement Value $2,032 Tax Amount $1,043.54 Change Rate +0.022938% Assessed CR Tax Rate +0.06514%
Year 2017 Assessed Value $15,579 Land Value $13,603 Improvement Value $1,976 Tax Amount $1,020.14 Change Rate +0.697574% Assessed CR Tax Rate +0.065482%
Year 2016 Assessed Value $15,100 Land Value $13,185 Improvement Value $1,915 Tax Amount $600.94 Change Rate +0.036997% Assessed CR Tax Rate +0.039797%
Year 2015 Assessed Value $14,682 Land Value $12,820 Improvement Value $1,862 Tax Amount $579.5 Change Rate -0.350336% Assessed CR Tax Rate +0.03947%
Year 2014 Assessed Value $14,452 Land Value $12,619 Improvement Value $1,833 Tax Amount $892 Change Rate -0.000314% Assessed CR Tax Rate +0.061722%
Year 2013 Assessed Value $19,649 Land Value $12,737 Improvement Value $6,912 Tax Amount $892.28 Change Rate Assessed CR Tax Rate +0.045411%