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508 State St

Alton, IL 62002

3 bd 3 ba 2,048 sqft Built 1890 Lot 4,099 sqft single_family
Most recent sale
$130,001
Feb 27, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 27, 2024 Sold $130,001 MARIS
Jan 11, 2024 Listed $117,800 MARIS
Jul 19, 2009 Listing removed $1,275 SWIllinois
May 18, 2009 Listed for rent $1,275 SWIllinois
Jul 18, 2005 Sold $154,000 Public Record
Feb 24, 1994 Sold $80,000 Public Record
Jan 15, 1992 Sold $35,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $60,640 $3,240 $63,880 $5,193
2023 $60,640 $3,240 $63,880 $4,372
2022 $49,500 $2,650 $52,150 $3,610
2021 $46,520 $2,490 $49,010 $3,482
2019 $43,840 $2,350 $46,190 $3,455
2018 $42,700 $2,290 $44,990 $3,335
2017 $42,700 $2,290 $44,990 $3,288
2016 $42,700 $2,290 $44,990 $3,223
2015 $42,700 $2,290 $44,990 $3,789
2014 $42,700 $2,290 $44,990 $3,671
2013 $43,860 $2,340 $46,200 $3,516
2012 $45,140 $2,410 $47,550 $3,486
2011 $46,170 $2,470 $48,640 $3,446
2010 $47,570 $2,540 $50,110 $3,122
2009 $48,920 $2,540 $51,460 $3,484
2007 $46,310 $2,410 $48,720 $3,326
2006 $44,210 $2,300 $46,510 $2,445

Property facts

Year built
1890
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,048 sqft
Lot size
4,099 sqft
ZIP code
62002
City
Alton
Street
State St
Coordinates
38.89310, -90.18877

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
$780
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 508 State St last sell?
508 State St most recently sold on Feb 27, 2024 for $130,001.
What is the current tax assessment for 508 State St?
The most recent total assessment for 508 State St (year 2024) is $63,880 with $5,193 in property tax.
How does 508 State St's assessment compare to its last sale price?
The current assessment is 50.9% below the last sale price of $130,001.
When was 508 State St built?
508 State St was built in 1890.
How does 508 State St compare to others on State St?
We track 8 other properties on State St. Browse the list under "Other properties on State St" to compare beds, baths, and sale history.
What are the property facts for 508 State St?
508 State St is a 3 bed, 3 bath, 2,048 sqft, 4,099 sqft lot single_family.
Is 508 State St a flip candidate?
No — 508 State St does not appear in our flips dataset.
Is 508 State St a tax-appeal candidate?
No — 508 State 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
+6.0%
Implied 1-yr
+24.0%
2026 Q3
$233.1K
2026 Q4
$243.1K
ZIP 62002 — Median Price History + Forecast

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