516 3rd St
Colona, IL 61241
3 bd 2 ba 1,462 sqft Built 2004 Lot 21,780 sqft single_family
Most recent sale
$217,000
Oct 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 17, 2022 | Sold | $217,000 | Public Record |
| Oct 12, 2022 | Sold | $217,000 | MRED |
| Jul 28, 2022 | Price changed | $225,000 | MLS #QC4234494 |
| Jun 24, 2022 | Listed | $240,000 | MLS #QC4234494 |
| Oct 24, 2012 | Sold | $175,000 | Public Record |
| Oct 23, 2012 | Sold | $175,000 | MRED |
| Sep 24, 2012 | Listing removed | $187,500 | QUADCITYREALTOR |
| Jun 22, 2012 | Listed | $187,500 | MLS #4135470 |
| Jul 13, 2011 | Sold | $170,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $63,171 | $7,314 | $70,485 | $5,794 |
| 2024 | $59,764 | $6,920 | $66,684 | $5,495 |
| 2023 | $55,388 | $6,413 | $61,801 | $5,332 |
| 2022 | $50,353 | $5,830 | $56,183 | $4,892 |
| 2021 | $47,144 | $7,938 | $55,082 | $4,847 |
| 2020 | $44,764 | $7,537 | $52,301 | $4,622 |
| 2019 | $45,095 | $7,593 | $52,688 | $4,628 |
| 2018 | $44,826 | $7,548 | $52,374 | $4,550 |
| 2017 | $45,279 | $7,624 | $52,903 | $4,501 |
| 2016 | $44,698 | $7,526 | $52,224 | $4,423 |
| 2015 | $43,736 | $7,364 | $51,100 | $4,330 |
| 2014 | $42,795 | $7,205 | $50,000 | $4,130 |
| 2013 | $51,761 | $7,205 | $58,966 | $4,417 |
| 2012 | $51,761 | $7,205 | $58,966 | $4,044 |
| 2011 | $52,817 | $7,352 | $60,169 | $4,353 |
| 2010 | $52,817 | $7,352 | $60,169 | $4,297 |
| 2009 | $53,350 | $7,426 | $60,776 | $4,285 |
| 2006 | $51,102 | $7,113 | $58,215 | $3,958 |
Property facts
Year built
2004
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,462 sqft
Lot size
21,780 sqft
ZIP code
61241
City
Colona
Street
3rd St
Coordinates
41.48152, -90.35352
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,302
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 516 3rd St last sell?
516 3rd St most recently sold on Oct 17, 2022 for $217,000.
What is the current tax assessment for 516 3rd St?
The most recent total assessment for 516 3rd St (year 2025) is $70,485 with $5,794 in property tax.
How does 516 3rd St's assessment compare to its last sale price?
The current assessment is 67.5% below the last sale price of $217,000.
When was 516 3rd St built?
516 3rd St was built in 2004.
How does 516 3rd St compare to others on 3rd St?
We track 8 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 516 3rd St?
516 3rd St is a 3 bed, 2 bath, 1,462 sqft, 21,780 sqft lot single_family.
Is 516 3rd St a flip candidate?
No — 516 3rd St does not appear in our flips dataset.
Is 516 3rd St a tax-appeal candidate?
No — 516 3rd St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+9.9%
2026 Q3
$237.2K
2026 Q4
$242.3K
ZIP 61241 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 3rd St