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8 Salem Rd; Springfield, IL Property Details

8 Salem Rd, Springfield, IL is a Single Family. This property is not for sale. The lot size of 8 Salem Rd is 5,987 square feet.

Off market
8 Salem Rd Springfield, IL 62702
$30,627 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Purchase Price: $76,500
  • Est. Equity / %: $99,000 / 100%
  • Gross Yield: 13.176%
  • APN: 14-20.0-480-012
  • Situs County: Sangamon
  • Length Of Ownership: 17 years, 1 months

Measurements

  • Lot: 5,987/SqFt

Legal Description

  • Description: L 45 LINCOLN ACRES SUB
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: 39.8167 / -89.67341
  • Subdivision: Lincoln Acres Sub
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 1614

Ownership Info

8 Salem Rd has no associated ownership info
8 Salem Rd has no associated ownership info.

Taxes

8 Salem Rd has 10 associated Taxes items

8 Salem 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 $30,627. The APN we've located for 8 Salem Rd is 14-20.0-480-012.

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Taxes
  • Assessed Value:  $30,627
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-20.0-480-012
  • Assessed Land Value:  3137
  • Market Land Value:  9411
  • Tax Amount:  1993.9
  • Tax Year:  2025
  • Market Value:  91881
  • Market Year:  2025

Tax History

8 Salem Rd has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $30,627 Land Value $3,137 Improvement Value $27,490 Tax Amount $1,993.9 Change Rate +0.05199% Assessed CR Tax Rate +0.065103%
Year 2024 Assessed Value $28,565 Land Value $2,926 Improvement Value $25,639 Tax Amount $1,895.36 Change Rate +0.066991% Assessed CR Tax Rate +0.066353%
Year 2023 Assessed Value $26,092 Land Value $2,673 Improvement Value $23,419 Tax Amount $1,776.36 Change Rate +0.057194% Assessed CR Tax Rate +0.068081%
Year 2022 Assessed Value $24,751 Land Value $2,536 Improvement Value $22,215 Tax Amount $1,680.26 Change Rate +0.047335% Assessed CR Tax Rate +0.067887%
Year 2021 Assessed Value $23,824 Land Value $2,441 Improvement Value $21,383 Tax Amount $1,604.32 Change Rate +0.019742% Assessed CR Tax Rate +0.06734%
Year 2020 Assessed Value $23,860 Land Value $2,445 Improvement Value $21,415 Tax Amount $1,573.26 Change Rate -0.124127% Assessed CR Tax Rate +0.065937%
Year 2019 Assessed Value $23,776 Land Value $2,436 Improvement Value $21,340 Tax Amount $1,796.22 Change Rate Assessed CR Tax Rate +0.075548%
Year 2018 Assessed Value $27,259 Land Value $2,424 Improvement Value $24,835 Tax Amount $1,796.22 Change Rate +0.024912% Assessed CR Tax Rate +0.065895%
Year 2017 Assessed Value $26,907 Land Value $2,393 Improvement Value $24,514 Tax Amount $1,752.56 Change Rate +0.02441% Assessed CR Tax Rate +0.065134%
Year 2016 Assessed Value $26,514 Land Value $2,358 Improvement Value $24,156 Tax Amount $1,710.8 Change Rate +0.013375% Assessed CR Tax Rate +0.064524%
Year 2015 Assessed Value $26,197 Land Value $2,330 Improvement Value $23,867 Tax Amount $1,688.22 Change Rate +0.01262% Assessed CR Tax Rate +0.064443%
Year 2014 Assessed Value $26,028 Land Value $2,315 Improvement Value $23,713 Tax Amount $1,667.18 Change Rate +0.022822% Assessed CR Tax Rate +0.064053%
Year 2013 Assessed Value $26,118 Land Value $2,314 Improvement Value $23,804 Tax Amount $1,629.98 Change Rate Assessed CR Tax Rate +0.062408%