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8516 Newburg Rd

Argenta, IL 62501

3 bd 2 ba 3,233 sqft Built 1930 Lot 43,560 sqft single_family
Most recent sale
$70,000
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $70,000 MLS #11498223
Aug 18, 2022 Listed $99,500 MLS #11498223
Jul 28, 2022 Price changed $99,500 MLS #6220788
Jun 8, 2022 Price changed $107,000 MLS #6220788
May 16, 2022 Listed $115,000 MLS #6220788

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $35,910 $5,297 $41,207 $3,036
2023 $34,239 $5,051 $39,290 $2,820
2022 $28,873 $4,260 $33,133 $2,265
2021 $27,878 $4,113 $31,991 $2,191
2020 $27,209 $4,014 $31,223 $2,131
2019 $26,271 $3,876 $30,147 $2,057
2018 $25,648 $3,784 $29,432 $1,994
2017 $25,756 $3,800 $29,556 $2,006
2016 $25,725 $3,795 $29,520 $2,024
2015 $24,976 $3,684 $28,660 $1,920
2014 $24,729 $3,648 $28,377 $1,837
2013 $24,729 $3,648 $28,377 $1,820
2012 $24,729 $3,648 $28,377 $1,827
2011 $25,494 $3,761 $29,255 $1,872
2009 $28,240 $3,761 $32,001 $2,528
2007 $25,935 $3,454 $29,389 $2,204

Property facts

Year built
1930
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
3,233 sqft
Lot size
43,560 sqft
ZIP code
62501
City
Argenta
Street
Newburg Rd
Coordinates
39.98248, -88.81509

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8516 Newburg Rd last sell?
8516 Newburg Rd most recently sold on Sep 29, 2022 for $70,000.
What is the current tax assessment for 8516 Newburg Rd?
The most recent total assessment for 8516 Newburg Rd (year 2024) is $41,207 with $3,036 in property tax.
How does 8516 Newburg Rd's assessment compare to its last sale price?
The current assessment is 41.1% below the last sale price of $70,000.
When was 8516 Newburg Rd built?
8516 Newburg Rd was built in 1930.
How does 8516 Newburg Rd compare to others on Newburg Rd?
We track 1 other property on Newburg Rd. Browse the list under "Other properties on Newburg Rd" to compare beds, baths, and sale history.
What are the property facts for 8516 Newburg Rd?
8516 Newburg Rd is a 3 bed, 2 bath, 3,233 sqft, 43,560 sqft lot single_family.
Is 8516 Newburg Rd a flip candidate?
No — 8516 Newburg Rd does not appear in our flips dataset.
Is 8516 Newburg Rd a tax-appeal candidate?
No — 8516 Newburg Rd 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
-0.1%
Implied 1-yr
-0.4%
2025 Q4
$192.8K
2026 Q1
$192.6K
ZIP 62501 — Median Price History + Forecast

Explore nearby

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