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55 Trailridge Ln; Springfield, IL Property Details

55 Trailridge Ln, Springfield, IL is a Single Family that was built in 1963. This property is currently Financed and is not for sale. Our records show that 55 Trailridge Ln has 3 bedrooms, and 3 bathrooms, and a total of 1,448 square feet.

Off market
55 Trailridge Ln Springfield, IL 62704
$38,188 Estimated Value
3 Beds
3 Baths
1,448 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1963
  • Purchase Price: $131,000
  • Open Loans / Balance: 1 / $126,827
  • Est. Equity / %: $18,173 / 12.53%
  • Gross Yield: 10.734%
  • APN: 14-31.0-103-002
  • Situs County: Sangamon
  • Length Of Ownership: 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3

Measurements

  • Total: 1,448/SqFt
  • Price Per Square Foot: $90.47

Legal Description

  • Description: UNIT 8 BLDG 2 FALLINGBROOK TOWNHOMES
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: 39.799706 / -89.707985
  • Subdivision: Fallingbrook Twnhms 8
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 1035

HOA

  • H O A One: $220
  • H O A Amount: $220
  • H O A One Frequency: Monthly
  • H O A One Name: Fallingbrook Townhomes Owners Association
  • H O A One Type: Home Owner Association

Ownership Info

55 Trailridge Ln has no associated ownership info
55 Trailridge Ln has no associated ownership info.

Taxes

55 Trailridge Ln has 10 associated Taxes items

55 Trailridge 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 $38,188. The APN we've located for 55 Trailridge Ln is 14-31.0-103-002.

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Taxes
  • Assessed Value:  $38,188
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-31.0-103-002
  • Assessed Land Value:  4048
  • Market Land Value:  12144
  • Tax Amount:  3091.86
  • Tax Year:  2025
  • Market Value:  114564
  • Market Year:  2025

Tax History

55 Trailridge Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $38,188 Land Value $4,048 Improvement Value $34,140 Tax Amount $3,091.86 Change Rate +0.033521% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $35,616 Land Value $3,775 Improvement Value $31,841 Tax Amount $2,991.58 Change Rate +0.040115% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $32,532 Land Value $3,448 Improvement Value $29,084 Tax Amount $2,876.2 Change Rate +0.051781% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $30,517 Land Value $3,271 Improvement Value $27,246 Tax Amount $2,734.6 Change Rate +0.215151% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $25,002 Land Value $3,148 Improvement Value $21,854 Tax Amount $2,250.42 Change Rate +0.020265% Assessed CR Tax Rate +0.09001%
Year 2020 Assessed Value $25,040 Land Value $3,153 Improvement Value $21,887 Tax Amount $2,205.72 Change Rate -0.070712% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $24,953 Land Value $3,142 Improvement Value $21,811 Tax Amount $2,373.56 Change Rate Assessed CR Tax Rate +0.095121%
Year 2018 Assessed Value $28,092 Land Value $3,537 Improvement Value $24,555 Tax Amount $2,373.56 Change Rate +0.021176% Assessed CR Tax Rate +0.084492%
Year 2017 Assessed Value $27,728 Land Value $3,491 Improvement Value $24,237 Tax Amount $2,324.34 Change Rate +0.02002% Assessed CR Tax Rate +0.083826%
Year 2016 Assessed Value $27,324 Land Value $3,440 Improvement Value $23,884 Tax Amount $2,278.72 Change Rate +0.704175% Assessed CR Tax Rate +0.083396%
Year 2015 Assessed Value $26,997 Land Value $3,399 Improvement Value $23,598 Tax Amount $1,337.14 Change Rate +0.019737% Assessed CR Tax Rate +0.049529%
Year 2014 Assessed Value $26,823 Land Value $3,377 Improvement Value $23,446 Tax Amount $1,311.26 Change Rate +0.022824% Assessed CR Tax Rate +0.048886%
Year 2013 Assessed Value $26,823 Land Value $3,377 Improvement Value $23,446 Tax Amount $1,282 Change Rate Assessed CR Tax Rate +0.047795%