Large Location Icon

7 Somerset Rd; Springfield, IL Property Details

7 Somerset Rd, Springfield, IL is a Single Family. This property is currently Financed,New Construction and is not for sale. The lot size of 7 Somerset Rd is 19,639 square feet.

Off market
7 Somerset Rd Springfield, IL 62711
$39,755 Estimated Value
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $80,000
  • Open Loans / Balance: 1 / $43,916
  • Est. Equity / %: $226,084 / 83.73%
  • Gross Yield: 5.52%
  • APN: 13-34.0-351-001
  • Situs County: Sangamon
  • Length Of Ownership: 5 years, 7 months

Measurements

  • Lot: 19,639/SqFt

Legal Description

  • Description: RIDDLE HILL ESTATES L27
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Pleasant Plains Community Unit School District 8
  • Lat / Lon: 39.787876 / -89.76506
  • Subdivision: Riddle Hill Estates
  • Property Class: Residential
  • Zoning: A
  • County Use Code: 40

Amenities

  • Plus Four: 9231

Ownership Info

7 Somerset Rd has no associated ownership info
7 Somerset Rd has no associated ownership info.

Taxes

7 Somerset Rd has 10 associated Taxes items

7 Somerset 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 $39,755. The APN we've located for 7 Somerset Rd is 13-34.0-351-001.

Unlock the full report
Taxes
  • Assessed Value:  $39,755
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  13-34.0-351-001
  • Assessed Land Value:  9110
  • Market Land Value:  27330
  • Tax Amount:  2252.38
  • Tax Year:  2025
  • Market Value:  119265
  • Market Year:  2025

Tax History

7 Somerset Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $39,755 Land Value $9,110 Improvement Value $30,645 Tax Amount $2,252.38 Change Rate +0.03063% Assessed CR Tax Rate +0.056657%
Year 2024 Assessed Value $37,498 Land Value $8,593 Improvement Value $28,905 Tax Amount $2,185.44 Change Rate +0.044885% Assessed CR Tax Rate +0.058282%
Year 2023 Assessed Value $34,753 Land Value $7,964 Improvement Value $26,789 Tax Amount $2,091.56 Change Rate +0.056087% Assessed CR Tax Rate +0.060184%
Year 2022 Assessed Value $32,419 Land Value $7,429 Improvement Value $24,990 Tax Amount $1,980.48 Change Rate +0.04743% Assessed CR Tax Rate +0.06109%
Year 2021 Assessed Value $31,032 Land Value $7,111 Improvement Value $23,921 Tax Amount $1,890.8 Change Rate -0.149598% Assessed CR Tax Rate +0.060931%
Year 2020 Assessed Value $30,415 Land Value $6,970 Improvement Value $23,445 Tax Amount $2,223.42 Change Rate -0.018583% Assessed CR Tax Rate +0.073103%
Year 2019 Assessed Value $30,252 Land Value $6,933 Improvement Value $23,319 Tax Amount $2,265.52 Change Rate Assessed CR Tax Rate +0.074888%
Year 2018 Assessed Value $30,514 Land Value $6,993 Improvement Value $23,521 Tax Amount $2,265.52 Change Rate +0.023918% Assessed CR Tax Rate +0.074245%
Year 2017 Assessed Value $29,977 Land Value $6,870 Improvement Value $23,107 Tax Amount $2,212.6 Change Rate +0.026262% Assessed CR Tax Rate +0.07381%
Year 2016 Assessed Value $28,974 Land Value $6,640 Improvement Value $22,334 Tax Amount $2,155.98 Change Rate +0.020669% Assessed CR Tax Rate +0.074411%
Year 2015 Assessed Value $27,860 Land Value $6,385 Improvement Value $21,475 Tax Amount $2,112.32 Change Rate +0.012909% Assessed CR Tax Rate +0.075819%
Year 2014 Assessed Value $27,481 Land Value $6,298 Improvement Value $21,183 Tax Amount $2,085.4 Change Rate -0.000498% Assessed CR Tax Rate +0.075885%
Year 2013 Assessed Value $27,674 Land Value $6,342 Improvement Value $21,332 Tax Amount $2,086.44 Change Rate Assessed CR Tax Rate +0.075394%