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507 Rythym King Rd

Belvidere, IL 61008

4 bd 4 ba 3,464 sqft Built 1999 Lot 20,038 sqft single_family
Most recent sale
$534,000
Dec 8, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 8, 2023 Listing removed NorthWestILAlliance
Dec 8, 2023 Sold $534,000 Public Record
Dec 7, 2023 Sold $356,000 MRED
Oct 23, 2023 Listed $349,000 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $112,977 $6,667 $119,644 $9,051
2024 $112,977 $6,667 $119,644 $9,823
2023 $112,977 $6,667 $119,644 $7,441
2022 $72,119 $6,667 $78,786 $7,049
2021 $67,576 $6,667 $74,243 $6,624
2020 $61,330 $6,667 $67,997 $6,392
2019 $58,490 $6,667 $65,157 $6,244
2018 $57,922 $6,667 $64,589 $6,468
2017 $57,723 $6,777 $64,500 $6,213
2016 $56,445 $6,733 $63,178 $6,342
2015 $45,429 $12,500 $57,929 $5,925
2014 $46,472 $12,500 $58,972 $6,080
2013 $46,648 $12,500 $59,148 $5,893
2012 $48,091 $12,500 $60,591 $5,471
2011 $52,936 $12,625 $65,561 $2,625
2010 $57,985 $15,450 $73,435 $5,460
2008 $67,080 $15,790 $82,870 $5,144
2007 $58,944 $13,000 $71,944 $4,801

Property facts

Year built
1999
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,464 sqft
Lot size
20,038 sqft
ZIP code
61008
City
Belvidere
Street
Rythym King Rd
Coordinates
42.27125, -88.82906

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
$6,235
Gross rental yield
14.01%
Implied cap rate
9.11%
Trend-extrapolated value

Frequently asked questions

When did 507 Rythym King Rd last sell?
507 Rythym King Rd most recently sold on Dec 8, 2023 for $534,000.
What is the current tax assessment for 507 Rythym King Rd?
The most recent total assessment for 507 Rythym King Rd (year 2025) is $119,644 with $9,051 in property tax.
How does 507 Rythym King Rd's assessment compare to its last sale price?
The current assessment is 77.6% below the last sale price of $534,000.
When was 507 Rythym King Rd built?
507 Rythym King Rd was built in 1999.
How does 507 Rythym King Rd compare to others on Rythym King Rd?
We track 4 other properties on Rythym King Rd. Browse the list under "Other properties on Rythym King Rd" to compare beds, baths, and sale history.
What are the property facts for 507 Rythym King Rd?
507 Rythym King Rd is a 4 bed, 4 bath, 3,464 sqft, 20,038 sqft lot single_family.
Is 507 Rythym King Rd a flip candidate?
Yes — 507 Rythym King Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 507 Rythym King Rd a tax-appeal candidate?
No — 507 Rythym King 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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