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40 Lakewood Dr

Belleville, IL 62223

3 bd 2 ba 1,655 sqft Built 1951 Lot 16,988 sqft single_family
Most recent sale
$194,000
Apr 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 7, 2022 Sold $194,000 MLS #22007333
Feb 4, 2022 Listed $189,000 MLS #22007333
Aug 17, 2021 Sold $82,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $36,154 $8,650 $44,804 $3,764
2022 $29,437 $7,043 $36,480 $3,341
2021 $27,330 $6,539 $33,869 $1,396
2020 $25,930 $6,494 $32,424 $1,414
2019 $25,404 $6,362 $31,766 $1,440
2018 $24,275 $6,079 $30,354 $1,463
2017 $23,598 $5,909 $29,507 $1,468
2016 $24,666 $5,293 $29,959 $1,500
2015 $25,057 $5,377 $30,434 $1,462
2014 $25,201 $5,408 $30,609 $1,332
2013 $26,887 $5,770 $32,657 $1,271
2012 $30,848 $9,637 $40,485 $1,331
2011 $31,600 $9,872 $41,472 $1,306
2010 $32,304 $10,092 $42,396 $1,286
2009 $33,417 $10,440 $43,857 $1,267
2008 $33,417 $10,440 $43,857 $1,279
2007 $31,938 $9,978 $41,916 $1,360

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,655 sqft
Lot size
16,988 sqft
ZIP code
62223
City
Belleville
Street
Lakewood Dr
Coordinates
38.56133, -90.03705

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,164
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 40 Lakewood Dr last sell?
40 Lakewood Dr most recently sold on Apr 7, 2022 for $194,000.
What is the current tax assessment for 40 Lakewood Dr?
The most recent total assessment for 40 Lakewood Dr (year 2024) is $44,804 with $3,764 in property tax.
How does 40 Lakewood Dr's assessment compare to its last sale price?
The current assessment is 76.9% below the last sale price of $194,000.
When was 40 Lakewood Dr built?
40 Lakewood Dr was built in 1951.
How does 40 Lakewood Dr compare to others on Lakewood Dr?
We track 8 other properties on Lakewood Dr. Browse the list under "Other properties on Lakewood Dr" to compare beds, baths, and sale history.
What are the property facts for 40 Lakewood Dr?
40 Lakewood Dr is a 3 bed, 2 bath, 1,655 sqft, 16,988 sqft lot single_family.
Is 40 Lakewood Dr a flip candidate?
Yes — 40 Lakewood Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 40 Lakewood Dr a tax-appeal candidate?
No — 40 Lakewood Dr 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
+4.4%
Implied 1-yr
+17.5%
2026 Q3
$276.3K
2026 Q4
$285.7K
ZIP 62223 — Median Price History + Forecast

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