508 Margaret Ave
Granite City, IL 62040
2 bd 1 ba 900 sqft Built 1936 Lot 6,752 sqft single_family
Most recent sale
$31,000
Apr 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 29, 2026 | Sold | $68,000 | MARIS |
| Jan 5, 2026 | Listed | $73,000 | MARIS |
| Oct 12, 2025 | Listing removed | $69,900 | MARIS |
| Aug 18, 2025 | Price changed | $69,900 | MARIS |
| Apr 30, 2025 | Price changed | $74,900 | MARIS |
| Feb 4, 2025 | Price changed | $79,900 | MARIS |
| Jan 23, 2025 | Price changed | $81,900 | MARIS |
| Dec 30, 2024 | Listed | $84,900 | MARIS |
| Apr 26, 2022 | Sold | $31,000 | MLS #22009149 |
| Mar 14, 2022 | Price changed | $39,900 | MLS #22009149 |
| Feb 17, 2022 | Relisted | $43,000 | MLS #22009149 |
| Feb 16, 2022 | Listing removed | $43,000 | MARIS |
| Dec 23, 2004 | Sold | $43,700 | MLS #2409949 |
| Jul 23, 2004 | Listed | $44,900 | MLS #2409949 |
| Aug 30, 1999 | Sold | $44,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $10,250 | $2,590 | $12,840 | $411 |
| 2023 | $10,250 | $2,590 | $12,840 | $777 |
| 2022 | $8,010 | $2,020 | $10,030 | $283 |
| 2021 | $7,570 | $1,910 | $9,480 | $251 |
| 2019 | $7,150 | $1,800 | $8,950 | $217 |
| 2018 | $6,700 | $1,690 | $8,390 | $197 |
| 2017 | $6,700 | $1,690 | $8,390 | $178 |
| 2016 | $6,700 | $1,690 | $8,390 | $191 |
| 2015 | $6,820 | $1,720 | $8,540 | $204 |
| 2014 | $6,820 | $1,720 | $8,540 | $187 |
| 2013 | $7,040 | $1,780 | $8,820 | $205 |
| 2012 | $7,170 | $1,810 | $8,980 | $214 |
| 2011 | $8,130 | $1,890 | $10,020 | $284 |
| 2010 | $8,460 | $1,970 | $10,430 | $293 |
| 2009 | $8,460 | $1,970 | $10,430 | $290 |
| 2007 | $8,070 | $1,840 | $9,910 | $318 |
| 2006 | $7,820 | $1,780 | $9,600 | $298 |
Property facts
Year built
1936
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
900 sqft
Lot size
6,752 sqft
ZIP code
62040
City
Granite City
Street
Margaret Ave
Coordinates
38.76554, -90.08487
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$186
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 508 Margaret Ave last sell?
508 Margaret Ave most recently sold on Apr 26, 2022 for $31,000.
What is the current tax assessment for 508 Margaret Ave?
The most recent total assessment for 508 Margaret Ave (year 2024) is $12,840 with $411 in property tax.
How does 508 Margaret Ave's assessment compare to its last sale price?
The current assessment is 58.6% below the last sale price of $31,000.
When was 508 Margaret Ave built?
508 Margaret Ave was built in 1936.
How does 508 Margaret Ave compare to others on Margaret Ave?
We track 8 other properties on Margaret Ave. Browse the list under "Other properties on Margaret Ave" to compare beds, baths, and sale history.
What are the property facts for 508 Margaret Ave?
508 Margaret Ave is a 2 bed, 1 bath, 900 sqft, 6,752 sqft lot single_family.
Is 508 Margaret Ave a flip candidate?
No — 508 Margaret Ave does not appear in our flips dataset.
Is 508 Margaret Ave a tax-appeal candidate?
No — 508 Margaret Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
0.0%
Implied 1-yr
0.0%
2026 Q3
$137.4K
2026 Q4
$137.4K
ZIP 62040 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Margaret Ave