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81 Island Bay Ln

Springfield, IL 62712

4 bd 3 ba 4,567 sqft Built 1954 Lot 77,101 sqft single_family
Most recent sale
$485,000
May 18, 2005

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 21, 2025 Sold $703,000 MRED
Sep 23, 2025 Listed $649,900 RMLSAlliance
Jul 1, 2022 Price changed $685,900 MLS #CA1014128
May 23, 2022 Listed $697,500 MLS #CA1014128
May 18, 2005 Sold $485,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $163,818 $101,215 $265,033 $11,889
2024 $152,787 $94,399 $247,186 $12,566
2023 $139,557 $86,225 $225,782 $13,091
2022 $132,382 $81,792 $214,174 $13,329
2021 $127,425 $78,729 $206,154 $13,286
2020 $127,616 $78,847 $206,463 $13,206
2019 $127,171 $78,572 $205,743 $13,034
2018 $119,126 $78,116 $197,242 $12,828
2017 $117,586 $77,106 $194,692 $12,734
2016 $115,871 $75,981 $191,852 $13,587
2015 $114,486 $75,073 $189,559 $12,825
2014 $113,747 $74,588 $188,335 $12,859
2013 $113,747 $74,588 $188,335 $12,763
2012 $113,747 $74,588 $188,335 $12,737
2010 $112,654 $73,871 $186,525 $12,423
2009 $111,055 $72,822 $183,877 $12,147
2008 $108,803 $71,345 $180,148 $12,336
2007 $106,850 $64,818 $171,668 $10,785
2006 $106,850 $64,818 $171,668 $10,583
2005 $111,225 $51,335 $162,560 $10,609

Property facts

Year built
1954
Property type
single_family
Stories
Beds
4
Baths
3
Living area
4,567 sqft
Lot size
77,101 sqft
ZIP code
62712
City
Springfield
Street
Island Bay Ln
Coordinates
39.70558, -89.61615

Comparable properties nearby

Frequently asked questions

When did 81 Island Bay Ln last sell?
81 Island Bay Ln most recently sold on May 18, 2005 for $485,000.
What is the current tax assessment for 81 Island Bay Ln?
The most recent total assessment for 81 Island Bay Ln (year 2025) is $265,033 with $11,889 in property tax.
How does 81 Island Bay Ln's assessment compare to its last sale price?
The current assessment is 45.4% below the last sale price of $485,000.
When was 81 Island Bay Ln built?
81 Island Bay Ln was built in 1954.
How does 81 Island Bay Ln compare to others on Island Bay Ln?
We track 2 other properties on Island Bay Ln. Browse the list under "Other properties on Island Bay Ln" to compare beds, baths, and sale history.
What are the property facts for 81 Island Bay Ln?
81 Island Bay Ln is a 4 bed, 3 bath, 4,567 sqft, 77,101 sqft lot single_family.
Is 81 Island Bay Ln a flip candidate?
No — 81 Island Bay Ln does not appear in our flips dataset.
Is 81 Island Bay Ln a tax-appeal candidate?
No — 81 Island Bay Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.2%
Implied 1-yr
+24.9%
2026 Q2
$519.6K
2026 Q3
$542.6K
ZIP 62712 — Median Price History + Forecast

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