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862 Loraine Ave; Springfield, IL Property Details

862 Loraine Ave, Springfield, IL is a Single Family that was built in 1929. This property is currently Financed and is not for sale. Our records show that 862 Loraine Ave has a total of 6,000 square feet. The lot size of 862 Loraine Ave is 5,590 square feet.

Off market
862 Loraine Ave Springfield, IL 62704
$86,200 Estimated Value
6,000 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1929
  • Purchase Price: $505,000
  • Open Loans: 1
  • Gross Yield: 5.37%
  • APN: 14-32.0-427-016
  • Situs County: Sangamon
  • Length Of Ownership: 3 years

Measurements

  • Total: 6,000/SqFt
  • Lot: 5,590/SqFt
  • Price Per Square Foot: $84.17

Legal Description

  • Description: HENRY SELINGERS ADDN L 16
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: 39.792347 / -89.67662
  • Subdivision: Henry Selingers Add
  • Property Class: Residential
  • County Use Code: 40

Amenities

  • Plus Four: 2332

Ownership Info

862 Loraine Ave has no associated ownership info
862 Loraine Ave has no associated ownership info.

Taxes

862 Loraine Ave has 10 associated Taxes items

862 Loraine Ave, 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 $86,200. The APN we've located for 862 Loraine Ave is 14-32.0-427-016.

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Taxes
  • Assessed Value:  $86,200
  • Assessed Year:  2025
  • Assessed County:  Sangamon
  • APN:  14-32.0-427-016
  • Assessed Land Value:  5196
  • Market Land Value:  15588
  • Tax Amount:  6979.1
  • Tax Year:  2025
  • Market Value:  258600
  • Market Year:  2025

Tax History

862 Loraine Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $86,200 Land Value $5,196 Improvement Value $81,004 Tax Amount $6,979.1 Change Rate +0.033515% Assessed CR Tax Rate +0.080964%
Year 2024 Assessed Value $80,395 Land Value $4,846 Improvement Value $75,549 Tax Amount $6,752.78 Change Rate +0.182396% Assessed CR Tax Rate +0.083995%
Year 2023 Assessed Value $64,597 Land Value $4,426 Improvement Value $60,171 Tax Amount $5,711.1 Change Rate +0.040122% Assessed CR Tax Rate +0.088411%
Year 2022 Assessed Value $61,275 Land Value $4,198 Improvement Value $57,077 Tax Amount $5,490.8 Change Rate +0.034279% Assessed CR Tax Rate +0.089609%
Year 2021 Assessed Value $58,981 Land Value $4,041 Improvement Value $54,940 Tax Amount $5,308.82 Change Rate +0.020268% Assessed CR Tax Rate +0.090009%
Year 2020 Assessed Value $59,070 Land Value $4,047 Improvement Value $55,023 Tax Amount $5,203.36 Change Rate -0.022586% Assessed CR Tax Rate +0.088088%
Year 2019 Assessed Value $56,436 Land Value $4,033 Improvement Value $52,403 Tax Amount $5,323.6 Change Rate Assessed CR Tax Rate +0.09433%
Year 2018 Assessed Value $63,007 Land Value $4,014 Improvement Value $58,993 Tax Amount $5,323.6 Change Rate +0.021154% Assessed CR Tax Rate +0.084492%
Year 2017 Assessed Value $62,192 Land Value $3,962 Improvement Value $58,230 Tax Amount $5,213.32 Change Rate +0.020036% Assessed CR Tax Rate +0.083826%
Year 2016 Assessed Value $61,285 Land Value $3,904 Improvement Value $57,381 Tax Amount $5,110.92 Change Rate +0.009792% Assessed CR Tax Rate +0.083396%
Year 2015 Assessed Value $60,552 Land Value $3,857 Improvement Value $56,695 Tax Amount $5,061.36 Change Rate +0.015208% Assessed CR Tax Rate +0.083587%
Year 2014 Assessed Value $60,161 Land Value $3,832 Improvement Value $56,329 Tax Amount $4,985.54 Change Rate +0.022822% Assessed CR Tax Rate +0.08287%
Year 2013 Assessed Value $60,161 Land Value $3,832 Improvement Value $56,329 Tax Amount $4,874.3 Change Rate Assessed CR Tax Rate +0.081021%