516 Lemans Way
Fairview Heights, IL 62208
3 bd 2 ba 936 sqft Built 1972 Lot 9,583 sqft single_family
Most recent sale
$110,000
Dec 7, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 19, 2023 | Listed for rent | $1,695 | Zumper |
| Dec 7, 2022 | Listed for rent | $1,900 | Zumper |
| Nov 28, 2022 | Listed for rent | $1,900 | Zumper |
| Nov 23, 2022 | Listed for rent | $1,900 | TenantTurner |
| Mar 29, 2022 | Listing removed | $125,000 | MRED |
| Dec 9, 2021 | Listed | $125,000 | MLS #21064447 |
| Dec 7, 2021 | Sold | $110,000 | MLS #21064447 |
| Oct 27, 2021 | Price changed | $125,000 | MLS #21064447 |
| Sep 29, 2021 | Price changed | $131,000 | MLS #21064447 |
| Sep 8, 2021 | Listed | $136,000 | MLS #21064447 |
| Jul 20, 1999 | Sold | $84,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $35,987 | $9,672 | $45,659 | $2,947 |
| 2022 | $29,629 | $8,389 | $38,018 | $2,622 |
| 2021 | $28,122 | $7,960 | $36,082 | $2,555 |
| 2020 | $27,598 | $7,812 | $35,410 | $2,094 |
| 2019 | $26,639 | $7,541 | $34,180 | $2,009 |
| 2018 | $26,338 | $7,467 | $33,805 | $2,031 |
| 2017 | $25,616 | $7,262 | $32,878 | $1,966 |
| 2016 | $25,270 | $7,164 | $32,434 | $1,932 |
| 2015 | $24,699 | $7,002 | $31,701 | $1,833 |
| 2014 | $25,524 | $6,119 | $31,643 | $1,689 |
| 2013 | $25,995 | $6,232 | $32,227 | $1,669 |
| 2012 | $26,585 | $6,374 | $32,959 | $1,698 |
| 2011 | $27,575 | $6,611 | $34,186 | $1,757 |
| 2010 | $27,885 | $6,685 | $34,570 | $1,778 |
| 2009 | $27,885 | $6,685 | $34,570 | $1,788 |
| 2008 | $26,937 | $6,458 | $33,395 | $1,708 |
| 2007 | $26,160 | $6,272 | $32,432 | $1,682 |
Property facts
Year built
1972
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
936 sqft
Lot size
9,583 sqft
ZIP code
62208
City
Fairview Heights
Street
Lemans Way
Coordinates
38.58068, -89.97674
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$660
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 516 Lemans Way last sell?
516 Lemans Way most recently sold on Dec 7, 2021 for $110,000.
What is the current tax assessment for 516 Lemans Way?
The most recent total assessment for 516 Lemans Way (year 2024) is $45,659 with $2,947 in property tax.
How does 516 Lemans Way's assessment compare to its last sale price?
The current assessment is 58.5% below the last sale price of $110,000.
When was 516 Lemans Way built?
516 Lemans Way was built in 1972.
How does 516 Lemans Way compare to others on Lemans Way?
We track 7 other properties on Lemans Way. Browse the list under "Other properties on Lemans Way" to compare beds, baths, and sale history.
What are the property facts for 516 Lemans Way?
516 Lemans Way is a 3 bed, 2 bath, 936 sqft, 9,583 sqft lot single_family.
Is 516 Lemans Way a flip candidate?
No — 516 Lemans Way does not appear in our flips dataset.
Is 516 Lemans Way a tax-appeal candidate?
No — 516 Lemans Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.1%
Implied 1-yr
+16.2%
2026 Q2
$356.3K
2026 Q3
$356.3K
ZIP 62208 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lemans Way