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4500 Lake Dr

Granite City, IL 62040

3 bd 1 ba 1,040 sqft Built 1960 Lot 13,713 sqft single_family
Most recent sale
$137,000
Apr 15, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2026 Sold $156,000 MARIS
Apr 10, 2026 Listed $154,900 MARIS
Apr 15, 2024 Sold $137,000 MARIS
Mar 4, 2024 Listed $132,000 MARIS
Jan 11, 2024 Sold $65,000 Public Record
May 16, 2019 Sold $79,000 Public Record
May 21, 1999 Sold $23,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $42,390 $7,880 $50,270 $3,025
2023 $42,390 $7,880 $50,270 $1,749
2022 $23,240 $6,230 $29,470 $1,613
2021 $22,090 $5,920 $28,010 $1,557
2019 $14,670 $5,560 $20,230 $1,486
2018 $13,830 $5,240 $19,070 $1,461
2017 $13,830 $5,240 $19,070 $1,419
2016 $13,830 $5,240 $19,070 $1,529
2015 $13,690 $5,190 $18,880 $1,521
2014 $13,880 $5,260 $19,140 $1,412
2013 $14,270 $5,410 $19,680 $1,431
2012 $15,030 $5,700 $20,730 $1,491
2011 $13,310 $6,330 $19,640 $1,398
2010 $13,310 $6,330 $19,640 $1,398
2009 $13,500 $6,420 $19,920 $1,367
2007 $12,550 $5,960 $18,510 $914
2006 $11,930 $5,670 $17,600 $855

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,040 sqft
Lot size
13,713 sqft
ZIP code
62040
City
Granite City
Street
Lake Dr
Coordinates
38.74229, -90.08020

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$822
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4500 Lake Dr last sell?
4500 Lake Dr most recently sold on Apr 15, 2024 for $137,000.
What is the current tax assessment for 4500 Lake Dr?
The most recent total assessment for 4500 Lake Dr (year 2024) is $50,270 with $3,025 in property tax.
How does 4500 Lake Dr's assessment compare to its last sale price?
The current assessment is 63.3% below the last sale price of $137,000.
When was 4500 Lake Dr built?
4500 Lake Dr was built in 1960.
How does 4500 Lake Dr compare to others on Lake Dr?
We track 8 other properties on Lake Dr. Browse the list under "Other properties on Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 4500 Lake Dr?
4500 Lake Dr is a 3 bed, 1 bath, 1,040 sqft, 13,713 sqft lot single_family.
Is 4500 Lake Dr a flip candidate?
Yes — 4500 Lake Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4500 Lake Dr a tax-appeal candidate?
No — 4500 Lake Dr 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
0.0%
2026 Q3
$137.4K
2026 Q4
$137.4K
ZIP 62040 — Median Price History + Forecast

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