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2440 Gustafson Rd

Belvidere, IL 61008

4 bd 4 ba 4,709 sqft Built 1996 Lot 130,680 sqft single_family
Most recent sale
$585,000
Jul 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 8, 2022 Sold $585,000 MLS #11398790
May 9, 2022 Listed $575,000 MLS #11398790
Nov 16, 2010 Listing removed $364,500 NorthWestILAlliance
Nov 16, 2010 Sold $491,250 Public Record
Oct 1, 2010 Relisted $364,500 MLS #55147
Jun 15, 2010 Listing removed $364,500 NorthWestILAlliance
Jun 2, 2010 Listed $364,500 MLS #55147

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $152,379 $21,691 $174,070 $6,884
2021 $121,615 $21,691 $143,306 $11,671
2020 $105,416 $21,691 $127,107 $10,908
2019 $101,696 $21,691 $123,387 $10,764
2018 $93,724 $21,691 $115,415 $10,492
2017 $95,271 $22,049 $117,320 $10,142
2016 $90,038 $21,909 $111,947 $10,086
2015 $84,152 $21,691 $105,843 $9,812
2014 $86,009 $21,691 $107,700 $10,060
2013 $86,009 $21,691 $107,700 $9,710
2012 $79,000 $21,691 $100,691 $8,220
2011 $95,457 $21,908 $117,365 $4,285
2010 $91,607 $25,642 $117,249 $7,868
2009 $128,527 $25,618 $154,145 $9,386
2008 $131,485 $26,208 $157,693 $8,510
2007 $122,093 $24,896 $146,989 $8,572

Property facts

Year built
1996
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
4,709 sqft
Lot size
130,680 sqft
ZIP code
61008
City
Belvidere
Street
Gustafson Rd
Coordinates
42.31439, -88.89083

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2440 Gustafson Rd last sell?
2440 Gustafson Rd most recently sold on Jul 8, 2022 for $585,000.
What is the current tax assessment for 2440 Gustafson Rd?
The most recent total assessment for 2440 Gustafson Rd (year 2022) is $174,070 with $6,884 in property tax.
How does 2440 Gustafson Rd's assessment compare to its last sale price?
The current assessment is 70.2% below the last sale price of $585,000.
When was 2440 Gustafson Rd built?
2440 Gustafson Rd was built in 1996.
How does 2440 Gustafson Rd compare to others on Gustafson Rd?
We track 6 other properties on Gustafson Rd. Browse the list under "Other properties on Gustafson Rd" to compare beds, baths, and sale history.
What are the property facts for 2440 Gustafson Rd?
2440 Gustafson Rd is a 4 bed, 4 bath, 4,709 sqft, 130,680 sqft lot single_family.
Is 2440 Gustafson Rd a flip candidate?
No — 2440 Gustafson Rd does not appear in our flips dataset.
Is 2440 Gustafson Rd a tax-appeal candidate?
No — 2440 Gustafson 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
-1.6%
Implied 1-yr
-6.3%
2026 Q3
$173.1K
2026 Q4
$170.1K
ZIP 61008 — Median Price History + Forecast

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