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5308 Collins Way; Springfield, IL Property Details

5308 Collins Way, Springfield, IL is a Single Family. This property is currently Financed and is not for sale. Our records show that 5308 Collins Way has 4 bedrooms, and a total of 2,586 square feet. The lot size of 5308 Collins Way is 14,708 square feet.

Off market
5308 Collins Way Springfield, IL 62703
$325,000 Listing Price
4 Beds
2,586 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $325,000
  • Open Loans / Balance: 1 / $301,476
  • Est. Equity / %: $22,524 / 6.95%
  • Gross Yield: 13.044%
  • APN: 22-27.0-253-009
  • Situs County: Sangamon
  • Length Of Ownership: 2 years, 7 months

Rooms

  • Bedrooms: 4

Measurements

  • Total: 2,586/SqFt
  • Lot: 14,708/SqFt
  • Price Per Square Foot: $125.68

Legal Description

  • Description: LOT 49 DEERWOOD LAKE EST 3RD ADDN
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Ball-Chatham Community Unit School District 5
  • Lat / Lon: 39.722973 / -89.638954
  • Subdivision: Deerwood Lake Estate
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 5364

HOA

  • H O A One: $90
  • H O A Amount: $90
  • H O A One Frequency: Annual
  • H O A One Type: Home Owner Association

Ownership Info

5308 Collins Way has no associated ownership info
5308 Collins Way has no associated ownership info.

Taxes

5308 Collins Way has 10 associated Taxes items

5308 Collins Way, 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 $97,898. The APN we've located for 5308 Collins Way is 22-27.0-253-009.

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Taxes
  • Assessed Value:  $97,898
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  22-27.0-253-009
  • Assessed Land Value:  11860
  • Market Land Value:  35580
  • Tax Amount:  6881.46
  • Tax Year:  2025
  • Market Value:  293694
  • Market Year:  2025

Tax History

5308 Collins Way has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $97,898 Land Value $11,860 Improvement Value $86,038 Tax Amount $6,881.46 Change Rate +0.022256% Assessed CR Tax Rate +0.070292%
Year 2024 Assessed Value $91,305 Land Value $11,061 Improvement Value $80,244 Tax Amount $6,731.64 Change Rate +0.378739% Assessed CR Tax Rate +0.073727%
Year 2023 Assessed Value $69,582 Land Value $10,102 Improvement Value $59,480 Tax Amount $4,882.46 Change Rate +0.049436% Assessed CR Tax Rate +0.070168%
Year 2022 Assessed Value $65,518 Land Value $9,583 Improvement Value $55,935 Tax Amount $4,652.46 Change Rate +0.032824% Assessed CR Tax Rate +0.07101%
Year 2021 Assessed Value $63,065 Land Value $9,224 Improvement Value $53,841 Tax Amount $4,504.6 Change Rate +0.004585% Assessed CR Tax Rate +0.071428%
Year 2020 Assessed Value $63,160 Land Value $9,238 Improvement Value $53,922 Tax Amount $4,484.04 Change Rate +0.039613% Assessed CR Tax Rate +0.070995%
Year 2019 Assessed Value $62,940 Land Value $9,206 Improvement Value $53,734 Tax Amount $4,313.18 Change Rate Assessed CR Tax Rate +0.068528%
Year 2018 Assessed Value $62,633 Land Value $9,161 Improvement Value $53,472 Tax Amount $4,313.18 Change Rate +0.022037% Assessed CR Tax Rate +0.068864%
Year 2017 Assessed Value $61,824 Land Value $9,043 Improvement Value $52,781 Tax Amount $4,220.18 Change Rate +0.018521% Assessed CR Tax Rate +0.068261%
Year 2016 Assessed Value $60,922 Land Value $8,911 Improvement Value $52,011 Tax Amount $4,143.44 Change Rate +0.004573% Assessed CR Tax Rate +0.068012%
Year 2015 Assessed Value $60,193 Land Value $8,804 Improvement Value $51,389 Tax Amount $4,124.58 Change Rate +0.004721% Assessed CR Tax Rate +0.068523%
Year 2014 Assessed Value $59,804 Land Value $8,747 Improvement Value $51,057 Tax Amount $4,105.2 Change Rate +0.020575% Assessed CR Tax Rate +0.068644%
Year 2013 Assessed Value $59,804 Land Value $8,747 Improvement Value $51,057 Tax Amount $4,022.44 Change Rate Assessed CR Tax Rate +0.06726%