507 Wheatland Dr
Belvidere, IL 61008
3 bd 3 ba 1,316 sqft Built 2007 Lot 12,632 sqft single_family
Most recent sale
$212,500
May 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 16, 2025 | Price changed for rent | $2,300 | Avail |
| Aug 11, 2025 | Listed for rent | $2,500 | Avail |
| May 19, 2022 | Sold | $212,500 | MLS #11388306 |
| Apr 28, 2022 | Listed | $205,000 | MLS #11388306 |
| Jul 27, 2007 | Sold | $172,900 | MLS #06506942 |
| May 8, 2007 | Listed | $172,900 | MLS #06506942 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $75,246 | $6,667 | $81,913 | $6,046 |
| 2024 | $75,246 | $6,667 | $81,913 | $6,396 |
| 2023 | $73,333 | $6,667 | $80,000 | $6,101 |
| 2022 | $58,928 | $6,667 | $65,595 | $5,287 |
| 2021 | $48,687 | $6,667 | $55,354 | $2,574 |
| 2020 | $42,937 | $6,667 | $49,604 | $2,735 |
| 2019 | $40,614 | $6,667 | $47,281 | $2,799 |
| 2018 | $35,993 | $6,667 | $42,660 | $2,928 |
| 2017 | $35,876 | $6,777 | $42,653 | $2,871 |
| 2016 | $32,301 | $6,733 | $39,034 | $2,942 |
| 2015 | $27,526 | $10,000 | $37,526 | $3,026 |
| 2014 | $27,535 | $10,000 | $37,535 | $3,045 |
| 2013 | $30,453 | $10,000 | $40,453 | $3,266 |
| 2012 | $34,225 | $10,000 | $44,225 | $3,330 |
| 2011 | $40,194 | $10,100 | $50,294 | $1,732 |
| 2010 | $42,736 | $13,721 | $56,457 | $3,682 |
| 2009 | $45,648 | $13,686 | $59,334 | $3,493 |
| 2008 | $45,707 | $14,001 | $59,708 | $1,993 |
| 2007 | — | $479 | $479 | $34 |
Property facts
Year built
2007
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,316 sqft
Lot size
12,632 sqft
ZIP code
61008
City
Belvidere
Street
Wheatland Dr
Coordinates
42.25811, -88.89083
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,369
Gross rental yield
13.38%
Implied cap rate
8.70%
Trend-extrapolated value
—
Frequently asked questions
When did 507 Wheatland Dr last sell?
507 Wheatland Dr most recently sold on May 19, 2022 for $212,500.
What is the current tax assessment for 507 Wheatland Dr?
The most recent total assessment for 507 Wheatland Dr (year 2025) is $81,913 with $6,046 in property tax.
How does 507 Wheatland Dr's assessment compare to its last sale price?
The current assessment is 61.5% below the last sale price of $212,500.
When was 507 Wheatland Dr built?
507 Wheatland Dr was built in 2007.
How does 507 Wheatland Dr compare to others on Wheatland Dr?
We track 3 other properties on Wheatland Dr. Browse the list under "Other properties on Wheatland Dr" to compare beds, baths, and sale history.
What are the property facts for 507 Wheatland Dr?
507 Wheatland Dr is a 3 bed, 3 bath, 1,316 sqft, 12,632 sqft lot single_family.
Is 507 Wheatland Dr a flip candidate?
No — 507 Wheatland Dr does not appear in our flips dataset.
Is 507 Wheatland Dr a tax-appeal candidate?
No — 507 Wheatland Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.3%
2026 Q3
$173.1K
2026 Q4
$170.1K
ZIP 61008 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Wheatland Dr