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54 Lambert Ln; Springfield, IL Property Details

54 Lambert Ln, Springfield, IL is a Single Family that was built in 1956. This property is currently Financed and is not for sale. Our records show that 54 Lambert Ln has 3 bedrooms, and a total of 1,978 square feet. The lot size of 54 Lambert Ln is 7,613 square feet.

Off market
54 Lambert Ln Springfield, IL 62704
$125,000 Listing Price
3 Beds
1,978 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1956
  • Purchase Price: $97,000
  • Open Loans / Balance: 1 / $76,698
  • Est. Equity / %: $87,302 / 53.23%
  • Gross Yield: 12.871%
  • APN: 14-31.0-476-009
  • Situs County: Sangamon
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 3

Measurements

  • Total: 1,978/SqFt
  • Lot: 7,613/SqFt
  • Price Per Square Foot: $49.04

Legal Description

  • Description: WASHINGTON PARK TERRACE PT SW SW 32-16-5 L 14
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Springfield School District 186
  • Lat / Lon: 39.788513 / -89.69231
  • Subdivision: Washington Park Terrace
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 2212

Ownership Info

54 Lambert Ln has no associated ownership info
54 Lambert Ln has no associated ownership info.

Taxes

54 Lambert Ln has 10 associated Taxes items

54 Lambert 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 $55,790. The APN we've located for 54 Lambert Ln is 14-31.0-476-009.

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Taxes
  • Assessed Value:  $55,790
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-31.0-476-009
  • Assessed Land Value:  11032
  • Market Land Value:  33096
  • Tax Amount:  4031.2
  • Tax Year:  2025
  • Market Value:  167370
  • Market Year:  2025

Tax History

54 Lambert Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $55,790 Land Value $11,032 Improvement Value $44,758 Tax Amount $4,031.2 Change Rate +0.042586% Assessed CR Tax Rate +0.072257%
Year 2024 Assessed Value $52,033 Land Value $10,289 Improvement Value $41,744 Tax Amount $3,866.54 Change Rate +0.05314% Assessed CR Tax Rate +0.074309%
Year 2023 Assessed Value $47,527 Land Value $9,398 Improvement Value $38,129 Tax Amount $3,671.44 Change Rate +0.0483% Assessed CR Tax Rate +0.07725%
Year 2022 Assessed Value $45,084 Land Value $8,915 Improvement Value $36,169 Tax Amount $3,502.28 Change Rate +0.040493% Assessed CR Tax Rate +0.077683%
Year 2021 Assessed Value $43,396 Land Value $8,581 Improvement Value $34,815 Tax Amount $3,365.98 Change Rate +0.020037% Assessed CR Tax Rate +0.077564%
Year 2020 Assessed Value $43,461 Land Value $8,594 Improvement Value $34,867 Tax Amount $3,299.86 Change Rate -0.046201% Assessed CR Tax Rate +0.075927%
Year 2019 Assessed Value $43,309 Land Value $8,564 Improvement Value $34,745 Tax Amount $3,459.7 Change Rate Assessed CR Tax Rate +0.079884%
Year 2018 Assessed Value $40,947 Land Value $8,523 Improvement Value $32,424 Tax Amount $3,459.7 Change Rate +0.021139% Assessed CR Tax Rate +0.084492%
Year 2017 Assessed Value $40,418 Land Value $8,413 Improvement Value $32,005 Tax Amount $3,388.08 Change Rate +0.409269% Assessed CR Tax Rate +0.083826%
Year 2016 Assessed Value $39,828 Land Value $8,290 Improvement Value $31,538 Tax Amount $2,404.14 Change Rate +0.014465% Assessed CR Tax Rate +0.060363%
Year 2015 Assessed Value $39,352 Land Value $8,191 Improvement Value $31,161 Tax Amount $2,369.86 Change Rate -0.139647% Assessed CR Tax Rate +0.060222%
Year 2014 Assessed Value $39,098 Land Value $8,138 Improvement Value $30,960 Tax Amount $2,754.52 Change Rate +0.022822% Assessed CR Tax Rate +0.070452%
Year 2013 Assessed Value $39,239 Land Value $8,136 Improvement Value $31,103 Tax Amount $2,693.06 Change Rate Assessed CR Tax Rate +0.068632%