721 Terra Springs Way Dr
Fairview Heights, IL 62208
3 bd 2 ba 1,513 sqft Built 2008 Lot 8,712 sqft single_family
Most recent sale
$265,000
Oct 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 3, 2022 | Sold | $265,000 | MLS #22053003 |
| Aug 11, 2022 | Listed | $250,000 | MLS #22053003 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $67,503 | $15,600 | $83,103 | $5,637 |
| 2022 | $52,957 | $13,528 | $66,485 | $4,411 |
| 2021 | $50,263 | $12,840 | $63,103 | $4,243 |
| 2020 | $49,326 | $12,601 | $61,927 | $4,186 |
| 2019 | $47,612 | $12,163 | $59,775 | $4,070 |
| 2018 | $46,321 | $12,041 | $58,362 | $3,978 |
| 2017 | $45,051 | $11,711 | $56,762 | $3,934 |
| 2016 | $44,442 | $11,553 | $55,995 | $3,877 |
| 2015 | $43,439 | $11,292 | $54,731 | $3,655 |
| 2014 | $37,700 | $13,149 | $50,849 | $3,344 |
| 2013 | $38,395 | $13,391 | $51,786 | $3,350 |
| 2012 | $39,267 | $13,695 | $52,962 | $3,418 |
| 2011 | $40,729 | $14,205 | $54,934 | $3,536 |
| 2010 | $41,186 | $14,364 | $55,550 | $3,441 |
| 2009 | $11,780 | $381 | $12,161 | $831 |
| 2008 | $11,379 | $368 | $11,747 | $778 |
| 2007 | — | $357 | $357 | $24 |
Property facts
Year built
2008
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,513 sqft
Lot size
8,712 sqft
ZIP code
62208
City
Fairview Heights
Street
Terra Springs Way Dr
Coordinates
38.60899, -89.97088
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,723
Gross rental yield
12.33%
Implied cap rate
8.01%
Trend-extrapolated value
—
Frequently asked questions
When did 721 Terra Springs Way Dr last sell?
721 Terra Springs Way Dr most recently sold on Oct 3, 2022 for $265,000.
What is the current tax assessment for 721 Terra Springs Way Dr?
The most recent total assessment for 721 Terra Springs Way Dr (year 2024) is $83,103 with $5,637 in property tax.
How does 721 Terra Springs Way Dr's assessment compare to its last sale price?
The current assessment is 68.6% below the last sale price of $265,000.
When was 721 Terra Springs Way Dr built?
721 Terra Springs Way Dr was built in 2008.
How does 721 Terra Springs Way Dr compare to others on Terra Springs Way Dr?
We track 8 other properties on Terra Springs Way Dr. Browse the list under "Other properties on Terra Springs Way Dr" to compare beds, baths, and sale history.
What are the property facts for 721 Terra Springs Way Dr?
721 Terra Springs Way Dr is a 3 bed, 2 bath, 1,513 sqft, 8,712 sqft lot single_family.
Is 721 Terra Springs Way Dr a flip candidate?
No — 721 Terra Springs Way Dr does not appear in our flips dataset.
Is 721 Terra Springs Way Dr a tax-appeal candidate?
No — 721 Terra Springs Way 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
+4.1%
Implied 1-yr
+16.2%
2026 Q2
$356.3K
2026 Q3
$356.3K
ZIP 62208 — Median Price History + Forecast
Explore nearby
Other properties on Terra Springs Way Dr