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408 7th St

Altamont, IL 62411

2 bd 2 ba 1,846 sqft Built 1950 Lot 6,098 sqft single_family
Most recent sale
$136,000
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 7, 2023 Listing removed $57,900 MRED
Aug 31, 2022 Listing removed $56,900 MRED
Jun 2, 2022 Sold $136,000 Public Record
May 31, 2022 Sold $135,900 MRED
Apr 4, 2022 Listed $139,900 MLS #6220110
Oct 28, 2019 Sold $55,000 Public Record
Oct 25, 2019 Sold $55,000 MRED
Jun 21, 2011 Listing removed $56,900 CentralIllinois
Jul 15, 2005 Sold $45,000 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $38,960 $2,550 $41,510 $852
2022 $32,200 $2,110 $34,310 $1,303
2021 $16,330 $2,110 $18,440 $1,283
2020 $16,230 $2,100 $18,330 $1,261
2019 $18,440 $2,020 $20,460 $1,411
2018 $17,730 $1,940 $19,670 $1,390
2017 $17,130 $1,870 $19,000 $1,344
2016 $16,790 $1,830 $18,620 $1,332
2015 $15,840 $1,730 $17,570 $1,306
2014 $15,530 $1,700 $17,230 $1,200
2013 $15,530 $1,700 $17,230 $1,183
2012 $15,530 $1,700 $17,230 $1,194
2010 $14,930 $1,630 $16,560 $1,106
2009 $14,780 $1,610 $16,390 $1,085
2008 $14,080 $1,530 $15,610 $1,028
2007 $13,800 $1,500 $15,300 $982

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,846 sqft
Lot size
6,098 sqft
ZIP code
62411
City
Altamont
Street
7th St
Coordinates
39.06456, -88.75336

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$816
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 408 7th St last sell?
408 7th St most recently sold on Jun 2, 2022 for $136,000.
What is the current tax assessment for 408 7th St?
The most recent total assessment for 408 7th St (year 2024) is $41,510 with $852 in property tax.
How does 408 7th St's assessment compare to its last sale price?
The current assessment is 69.5% below the last sale price of $136,000.
When was 408 7th St built?
408 7th St was built in 1950.
How does 408 7th St compare to others on 7th St?
We track 1 other property on 7th St. Browse the list under "Other properties on 7th St" to compare beds, baths, and sale history.
What are the property facts for 408 7th St?
408 7th St is a 2 bed, 2 bath, 1,846 sqft, 6,098 sqft lot single_family.
Is 408 7th St a flip candidate?
No — 408 7th St does not appear in our flips dataset.
Is 408 7th St a tax-appeal candidate?
No — 408 7th St 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
+10.2%
Implied 1-yr
+40.9%
2025 Q3
$336.9K
2025 Q4
$357.6K
ZIP 62411 — Median Price History + Forecast

Explore nearby

Other properties on 7th St