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505 3rd St

Leaf River, IL 61047

3 bd 2 ba 1,368 sqft Built 1957 Lot 47,916 sqft single_family
Most recent sale
$150,000
Apr 8, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2024 Sold $150,000 Public Record
Apr 6, 2024 Listing removed NorthWestILAlliance
Apr 4, 2024 Sold $150,000 MRED
Feb 27, 2024 Listed $150,000 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $50,337 $8,486 $58,823 $3,639
2022 $42,961 $7,242 $50,203 $1,606
2021 $39,964 $6,737 $46,701 $1,632
2020 $38,166 $6,434 $44,600 $1,659
2019 $36,610 $6,172 $42,782 $1,965
2018 $35,458 $5,978 $41,436 $1,715
2017 $33,918 $5,718 $39,636 $1,751
2016 $33,181 $5,594 $38,775 $1,858
2015 $32,277 $5,442 $37,719 $1,869
2014 $32,277 $5,442 $37,719 $1,797
2013 $32,922 $5,551 $38,473 $2,368
2012 $34,589 $5,832 $40,421 $2,537
2011 $36,072 $6,082 $42,154 $2,670
2010 $36,655 $6,180 $42,835 $1,812
2009 $36,655 $6,180 $42,835 $1,796
2007 $36,655 $6,180 $42,835 $1,938
2006 $33,862 $5,709 $39,571 $1,980

Property facts

Year built
1957
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,368 sqft
Lot size
47,916 sqft
ZIP code
61047
City
Leaf River
Street
3rd St
Coordinates
42.12582, -89.39502

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
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 3rd St last sell?
505 3rd St most recently sold on Apr 8, 2024 for $150,000.
What is the current tax assessment for 505 3rd St?
The most recent total assessment for 505 3rd St (year 2024) is $58,823 with $3,639 in property tax.
How does 505 3rd St's assessment compare to its last sale price?
The current assessment is 60.8% below the last sale price of $150,000.
When was 505 3rd St built?
505 3rd St was built in 1957.
How does 505 3rd St compare to others on 3rd St?
We track 3 other properties on 3rd St. Browse the list under "Other properties on 3rd St" to compare beds, baths, and sale history.
What are the property facts for 505 3rd St?
505 3rd St is a 3 bed, 2 bath, 1,368 sqft, 47,916 sqft lot single_family.
Is 505 3rd St a flip candidate?
No — 505 3rd St does not appear in our flips dataset.
Is 505 3rd St a tax-appeal candidate?
No — 505 3rd St 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
+1.3%
Implied 1-yr
+5.3%
2026 Q3
$160.6K
2026 Q4
$162.5K
ZIP 61047 — Median Price History + Forecast

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