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714 Richardson St

Farmer City, IL 61842

2 bd 1 ba 830 sqft Built 1946 Lot 9,000 sqft single_family
Most recent sale
$72,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $72,000 MLS #11396854
Apr 19, 2018 Sold $52,000 MLS #2161531
Jul 28, 2016 Sold $52,000 Public Record
May 15, 2016 Price changed $57,500 MLS #2161531
Apr 18, 2016 Listed $60,000 MLS #2161531
Nov 4, 2009 Relisted $64,500 MLS #2083575
Sep 21, 2009 Relisted $64,500 MLS #2083575
Aug 4, 2009 Price changed $64,500 MLS #2083575
Oct 27, 2008 Listed $67,000 MLS #2083575

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $32,811 $5,216 $38,027 $2,212
2023 $30,074 $4,781 $34,855 $1,929
2022 $20,612 $4,108 $24,720 $639
2021 $14,331 $3,927 $18,258 $644
2020 $14,555 $3,988 $18,543 $643
2019 $14,555 $3,988 $18,543 $643
2018 $14,214 $3,895 $18,109 $637
2017 $13,867 $3,745 $17,612 $668
2016 $13,595 $3,672 $17,267 $1,134
2015 $13,595 $3,672 $17,267 $1,099
2014 $13,595 $3,672 $17,267 $1,094
2013 $13,595 $3,672 $17,267 $1,110
2012 $13,595 $3,672 $17,267 $1,091
2010 $16,895 $1,608
2009 $16,564 $1,547
2008 $16,192 $977

Property facts

Year built
1946
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
830 sqft
Lot size
9,000 sqft
ZIP code
61842
City
Farmer City
Street
Richardson St
Coordinates
40.24645, -88.63426

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$432
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 714 Richardson St last sell?
714 Richardson St most recently sold on Jun 29, 2022 for $72,000.
What is the current tax assessment for 714 Richardson St?
The most recent total assessment for 714 Richardson St (year 2024) is $38,027 with $2,212 in property tax.
How does 714 Richardson St's assessment compare to its last sale price?
The current assessment is 47.2% below the last sale price of $72,000.
When was 714 Richardson St built?
714 Richardson St was built in 1946.
How does 714 Richardson St compare to others on Richardson St?
We track 8 other properties on Richardson St. Browse the list under "Other properties on Richardson St" to compare beds, baths, and sale history.
What are the property facts for 714 Richardson St?
714 Richardson St is a 2 bed, 1 bath, 830 sqft, 9,000 sqft lot single_family.
Is 714 Richardson St a flip candidate?
No — 714 Richardson St does not appear in our flips dataset.
Is 714 Richardson St a tax-appeal candidate?
No — 714 Richardson St 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
0.0%
Implied 1-yr
-0.1%
2026 Q3
$166.3K
2026 Q4
$166.2K
ZIP 61842 — Median Price History + Forecast

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