506 Silver Falls St
Joliet, IL 60431
3 bd 3 ba 2,646 sqft Built 2021 single_family
Most recent sale
$336,753
Dec 28, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 25, 2025 | Sold | $405,000 | MRED |
| Aug 7, 2025 | Listed | $400,000 | MRED |
| Dec 10, 2024 | Listed | $380,000 | MRED |
| Sep 12, 2024 | Price changed | $408,000 | MRED |
| Jul 3, 2024 | Listed | $419,900 | MRED |
| Mar 31, 2023 | Listing removed | $332,616 | MRED |
| Dec 28, 2021 | Sold | $336,753 | Public Record |
| Feb 15, 2021 | Listed | $332,616 | MLS #10995354 |
| Jan 1, 2007 | Sold | $1,999,500 | Public Record |
| Aug 1, 2006 | Sold | $1,999,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $104,064 | $15,811 | $119,875 | $11,011 |
| 2022 | $98,471 | $14,961 | $113,432 | $10,640 |
| 2021 | — | $11,500 | $11,500 | $1,068 |
| 2020 | — | $8,861 | $8,861 | $824 |
| 2019 | — | $8,500 | $8,500 | $802 |
| 2018 | — | $4,500 | $4,500 | $438 |
| 2017 | — | $4,500 | $4,500 | $446 |
| 2016 | — | $4,650 | $4,650 | $478 |
| 2015 | — | $3,804 | $3,804 | $398 |
| 2014 | — | $3,804 | $3,804 | $402 |
| 2013 | — | $3,804 | $3,804 | $383 |
| 2012 | — | $4,004 | $4,004 | $382 |
| 2011 | — | $4,057 | $4,057 | $342 |
| 2010 | — | $4,237 | $4,237 | $343 |
| 2009 | — | $19,983 | $19,983 | $1,556 |
| 2008 | — | $19,983 | $19,983 | $1,513 |
| 2007 | — | $19,555 | $19,555 | $1,492 |
| 2006 | — | $307 | $307 | $23 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,646 sqft
Lot size
—
ZIP code
60431
City
Joliet
Street
Silver Falls St
Coordinates
41.51218, -88.16468
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,021
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Silver Falls St last sell?
506 Silver Falls St most recently sold on Dec 28, 2021 for $336,753.
What is the current tax assessment for 506 Silver Falls St?
The most recent total assessment for 506 Silver Falls St (year 2024) is $119,875 with $11,011 in property tax.
How does 506 Silver Falls St's assessment compare to its last sale price?
The current assessment is 64.4% below the last sale price of $336,753.
When was 506 Silver Falls St built?
506 Silver Falls St was built in 2021.
How does 506 Silver Falls St compare to others on Silver Falls St?
We track 8 other properties on Silver Falls St. Browse the list under "Other properties on Silver Falls St" to compare beds, baths, and sale history.
What are the property facts for 506 Silver Falls St?
506 Silver Falls St is a 3 bed, 3 bath, 2,646 sqft single_family.
Is 506 Silver Falls St a flip candidate?
No — 506 Silver Falls St does not appear in our flips dataset.
Is 506 Silver Falls St a tax-appeal candidate?
No — 506 Silver Falls St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.0%
Implied 1-yr
+20.0%
2026 Q3
$600.1K
2026 Q4
$622.8K
ZIP 60431 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Silver Falls St