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3410 Terrace Ln

Granite City, IL 62040

2 bd 1 ba 1,398 sqft Built 1950 Lot 6,970 sqft single_family
Most recent sale
$92,000
May 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2022 Sold $92,000 MLS #21082260
Nov 17, 2021 Listed $92,500 MLS #21082260
Feb 24, 2018 Sold $37,000 MLS #17070686
Jan 25, 2018 Price changed $40,000 MLS #17070686
Sep 1, 2017 Listed $50,000 MLS #17070686
Apr 20, 2015 Sold $45,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $14,760 $6,710 $21,470 $1,348
2023 $14,760 $6,710 $21,470 $1,271
2022 $12,190 $5,540 $17,730 $1,773
2021 $11,430 $5,200 $16,630 $1,720
2019 $10,350 $4,710 $15,060 $1,632
2018 $10,050 $4,570 $14,620 $1,604
2017 $10,050 $4,570 $14,620 $1,563
2016 $10,420 $4,740 $15,160 $536
2015 $10,420 $4,740 $15,160 $1,065
2014 $17,320 $5,250 $22,570 $1,611
2013 $17,320 $5,250 $22,570 $1,570
2012 $17,840 $5,410 $23,250 $1,580
2011 $19,620 $6,480 $26,100 $1,775
2010 $20,010 $6,610 $26,620 $1,732
2009 $28,400 $6,610 $35,010 $2,376
2007 $28,160 $6,140 $34,300 $2,321
2006 $26,980 $5,880 $32,860 $2,226

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,398 sqft
Lot size
6,970 sqft
ZIP code
62040
City
Granite City
Street
Terrace Ln
Coordinates
38.72525, -90.11971

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
$552
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3410 Terrace Ln last sell?
3410 Terrace Ln most recently sold on May 11, 2022 for $92,000.
What is the current tax assessment for 3410 Terrace Ln?
The most recent total assessment for 3410 Terrace Ln (year 2024) is $21,470 with $1,348 in property tax.
How does 3410 Terrace Ln's assessment compare to its last sale price?
The current assessment is 76.7% below the last sale price of $92,000.
When was 3410 Terrace Ln built?
3410 Terrace Ln was built in 1950.
How does 3410 Terrace Ln compare to others on Terrace Ln?
We track 8 other properties on Terrace Ln. Browse the list under "Other properties on Terrace Ln" to compare beds, baths, and sale history.
What are the property facts for 3410 Terrace Ln?
3410 Terrace Ln is a 2 bed, 1 bath, 1,398 sqft, 6,970 sqft lot single_family.
Is 3410 Terrace Ln a flip candidate?
No — 3410 Terrace Ln does not appear in our flips dataset.
Is 3410 Terrace Ln a tax-appeal candidate?
No — 3410 Terrace Ln 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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