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3020 Teakwood Ln

Herrin, IL 62948

3 bd 3 ba 2,336 sqft Built 1998 Lot 13,990 sqft single_family
Most recent sale
$238,500
Jul 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 24, 2025 Sold $245,000 MRED
Jul 12, 2022 Sold $238,500 Public Record
May 17, 2022 Listed $245,000 MLS #QC4233152
Feb 14, 2018 Sold $177,500 MLS #417342
Nov 26, 2017 Listed $184,900 MLS #417342
Nov 10, 2017 Listing removed $190,000 Egyptian
Sep 26, 2017 Price changed $190,000 MLS #413556
Jul 21, 2017 Price changed $197,500 MLS #413556
Jun 7, 2017 Price changed $200,000 MLS #413556
May 25, 2017 Listed $215,000 MLS #413556
Feb 12, 2017 Sold $175,000 MLS #282483
Jul 21, 2016 Sold $182,450 MLS #241488
Sep 7, 2010 Sold $175,000 MRED
Sep 3, 2010 Sold $175,000 Public Record
Jun 17, 2010 Price changed $179,900 MLS #282483
May 3, 2010 Price changed $184,900 MLS #282483
Mar 2, 2010 Listed $189,000 MLS #282483
Apr 29, 2005 Listed $189,900 MLS #241488
Apr 29, 2005 Sold $182,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $56,620 $9,080 $65,700 $3,201
2022 $54,570 $8,750 $63,320 $5,211
2021 $51,560 $8,270 $59,830 $5,087
2020 $51,560 $8,270 $59,830 $4,821
2019 $51,560 $8,270 $59,830 $5,181
2018 $62,550 $8,270 $70,820 $6,001
2017 $62,550 $8,270 $70,820 $5,830
2016 $59,250 $7,830 $67,080 $5,746
2014 $59,250 $7,830 $67,080 $5,370
2013 $59,250 $7,830 $67,080 $5,212
2012 $59,250 $7,830 $67,080 $2,414
2010 $59,250 $7,830 $67,080 $3,905
2009 $59,250 $7,830 $67,080 $3,292
2008 $59,250 $7,830 $67,080 $3,755
2006 $59,250 $7,830 $67,080 $3,641

Property facts

Year built
1998
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,336 sqft
Lot size
13,990 sqft
ZIP code
62948
City
Herrin
Street
Teakwood Ln
Coordinates
37.75482, -89.02781

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
$1,431
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3020 Teakwood Ln last sell?
3020 Teakwood Ln most recently sold on Jul 12, 2022 for $238,500.
What is the current tax assessment for 3020 Teakwood Ln?
The most recent total assessment for 3020 Teakwood Ln (year 2023) is $65,700 with $3,201 in property tax.
How does 3020 Teakwood Ln's assessment compare to its last sale price?
The current assessment is 72.5% below the last sale price of $238,500.
When was 3020 Teakwood Ln built?
3020 Teakwood Ln was built in 1998.
How does 3020 Teakwood Ln compare to others on Teakwood Ln?
We track 6 other properties on Teakwood Ln. Browse the list under "Other properties on Teakwood Ln" to compare beds, baths, and sale history.
What are the property facts for 3020 Teakwood Ln?
3020 Teakwood Ln is a 3 bed, 3 bath, 2,336 sqft, 13,990 sqft lot single_family.
Is 3020 Teakwood Ln a flip candidate?
No — 3020 Teakwood Ln does not appear in our flips dataset.
Is 3020 Teakwood Ln a tax-appeal candidate?
No — 3020 Teakwood 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
+2.4%
Implied 1-yr
+9.5%
2026 Q3
$167.6K
2026 Q4
$171K
ZIP 62948 — Median Price History + Forecast

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