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7 Markwood Ln; Springfield, IL Property Details

7 Markwood Ln, Springfield, IL is a Single Family. This property is not for sale. The lot size of 7 Markwood Ln is 13,995 square feet.

Off market
7 Markwood Ln Springfield, IL 62712
$150,000 Listing Price
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Est. Equity / %: $283,000 / 100%
  • Gross Yield: 10.55%
  • APN: 23-07.0-377-002
  • Situs County: Sangamon
  • Length Of Ownership: 10 years, 9 months

Measurements

  • Lot: 13,995/SqFt

Legal Description

  • Description: TIMBERLANE SUB PLAT #2 7-15-4 L 29
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Rochester Community Unit School District 3A
  • Lat / Lon: 39.76125 / -89.58679
  • Subdivision: Timberlane Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 8724

Ownership Info

7 Markwood Ln has no associated ownership info
7 Markwood Ln has no associated ownership info.

Taxes

7 Markwood Ln has 10 associated Taxes items

7 Markwood 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 $70,712. The APN we've located for 7 Markwood Ln is 23-07.0-377-002.

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Taxes
  • Assessed Value:  $70,712
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  23-07.0-377-002
  • Assessed Land Value:  14455
  • Market Land Value:  43365
  • Tax Amount:  4316.52
  • Tax Year:  2025
  • Market Value:  212136
  • Market Year:  2025

Tax History

7 Markwood Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $70,712 Land Value $14,455 Improvement Value $56,257 Tax Amount $4,316.52 Change Rate +0.069504% Assessed CR Tax Rate +0.061044%
Year 2024 Assessed Value $65,951 Land Value $13,482 Improvement Value $52,469 Tax Amount $4,036 Change Rate +0.07672% Assessed CR Tax Rate +0.061197%
Year 2023 Assessed Value $60,241 Land Value $12,315 Improvement Value $47,926 Tax Amount $3,748.42 Change Rate +0.04966% Assessed CR Tax Rate +0.062224%
Year 2022 Assessed Value $57,144 Land Value $11,682 Improvement Value $45,462 Tax Amount $3,571.08 Change Rate +0.043144% Assessed CR Tax Rate +0.062493%
Year 2021 Assessed Value $55,005 Land Value $11,245 Improvement Value $43,760 Tax Amount $3,423.38 Change Rate +0.006243% Assessed CR Tax Rate +0.062238%
Year 2020 Assessed Value $55,088 Land Value $11,262 Improvement Value $43,826 Tax Amount $3,402.14 Change Rate -0.005292% Assessed CR Tax Rate +0.061758%
Year 2019 Assessed Value $54,896 Land Value $11,223 Improvement Value $43,673 Tax Amount $3,420.24 Change Rate Assessed CR Tax Rate +0.062304%
Year 2018 Assessed Value $55,664 Land Value $11,167 Improvement Value $44,497 Tax Amount $3,420.24 Change Rate -0.185102% Assessed CR Tax Rate +0.061444%
Year 2017 Assessed Value $54,945 Land Value $11,023 Improvement Value $43,922 Tax Amount $4,197.14 Change Rate +0.012838% Assessed CR Tax Rate +0.076388%
Year 2016 Assessed Value $54,143 Land Value $10,862 Improvement Value $43,281 Tax Amount $4,143.94 Change Rate +0.13684% Assessed CR Tax Rate +0.076537%
Year 2015 Assessed Value $53,496 Land Value $10,732 Improvement Value $42,764 Tax Amount $3,645.14 Change Rate +0.006845% Assessed CR Tax Rate +0.068139%
Year 2014 Assessed Value $53,151 Land Value $10,663 Improvement Value $42,488 Tax Amount $3,620.36 Change Rate +0.125867% Assessed CR Tax Rate +0.068115%
Year 2013 Assessed Value $53,151 Land Value $10,663 Improvement Value $42,488 Tax Amount $3,215.62 Change Rate Assessed CR Tax Rate +0.0605%