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55 Palomino Rd; Springfield, IL Property Details

55 Palomino Rd, Springfield, IL is a Single Family that was built in 1957. This property is currently Financed and is not for sale. Our records show that 55 Palomino Rd has 3 bedrooms, and 2 bathrooms, and a total of 2,240 square feet. The lot size of 55 Palomino Rd is 21,978 square feet.

Off market
55 Palomino Rd Springfield, IL 62702
$135,000 Listing Price
3 Beds
2 Baths
2,240 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1957
  • Purchase Price: $275,000
  • Open Loans / Balance: 1 / $243,141
  • Est. Equity / %: $34,859 / 12.54%
  • Gross Yield: 13.127%
  • APN: 14-19.0-281-002
  • Situs County: Sangamon
  • Length Of Ownership: 1 year, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2

Measurements

  • Total: 2,240/SqFt
  • Lot: 21,978/SqFt
  • Price Per Square Foot: $122.77

Legal Description

  • Description: VAL-E-VUE SUBDN 2ND PLAT L60
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: 39.823658 / -89.69519
  • Subdivision: Val-E-Vue Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 1590

HOA

  • H O A One: $55
  • H O A Amount: $55
  • H O A One Type: Home Owner Association

Ownership Info

55 Palomino Rd has no associated ownership info
55 Palomino Rd has no associated ownership info.

Taxes

55 Palomino Rd has 10 associated Taxes items

55 Palomino 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 $90,375. The APN we've located for 55 Palomino Rd is 14-19.0-281-002.

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Taxes
  • Assessed Value:  $90,375
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-19.0-281-002
  • Assessed Land Value:  13645
  • Market Land Value:  40935
  • Tax Amount:  6831.34
  • Tax Year:  2025
  • Market Value:  271125
  • Market Year:  2025

Tax History

55 Palomino Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $90,375 Land Value $13,645 Improvement Value $76,730 Tax Amount $6,831.34 Change Rate +0.146806% Assessed CR Tax Rate +0.075589%
Year 2024 Assessed Value $76,919 Land Value $12,726 Improvement Value $64,193 Tax Amount $5,956.84 Change Rate +0.048533% Assessed CR Tax Rate +0.077443%
Year 2023 Assessed Value $70,258 Land Value $11,624 Improvement Value $58,634 Tax Amount $5,681.12 Change Rate +0.053734% Assessed CR Tax Rate +0.080861%
Year 2022 Assessed Value $66,166 Land Value $11,027 Improvement Value $55,139 Tax Amount $5,391.42 Change Rate +0.038321% Assessed CR Tax Rate +0.081483%
Year 2021 Assessed Value $63,688 Land Value $10,614 Improvement Value $53,074 Tax Amount $5,192.44 Change Rate +0.02011% Assessed CR Tax Rate +0.081529%
Year 2020 Assessed Value $63,784 Land Value $10,630 Improvement Value $53,154 Tax Amount $5,090.08 Change Rate +0.109225% Assessed CR Tax Rate +0.079802%
Year 2019 Assessed Value $63,562 Land Value $10,593 Improvement Value $52,969 Tax Amount $4,588.86 Change Rate Assessed CR Tax Rate +0.072195%
Year 2018 Assessed Value $60,311 Land Value $10,540 Improvement Value $49,771 Tax Amount $4,588.86 Change Rate +0.022633% Assessed CR Tax Rate +0.076087%
Year 2017 Assessed Value $59,531 Land Value $10,404 Improvement Value $49,127 Tax Amount $4,487.3 Change Rate +0.021726% Assessed CR Tax Rate +0.075378%
Year 2016 Assessed Value $58,663 Land Value $10,252 Improvement Value $48,411 Tax Amount $4,391.88 Change Rate +0.011194% Assessed CR Tax Rate +0.074866%
Year 2015 Assessed Value $57,961 Land Value $10,129 Improvement Value $47,832 Tax Amount $4,343.26 Change Rate +0.006731% Assessed CR Tax Rate +0.074934%
Year 2014 Assessed Value $57,587 Land Value $10,064 Improvement Value $47,523 Tax Amount $4,314.22 Change Rate +0.022821% Assessed CR Tax Rate +0.074917%
Year 2013 Assessed Value $58,060 Land Value $10,064 Improvement Value $47,996 Tax Amount $4,217.96 Change Rate Assessed CR Tax Rate +0.072648%