718 Cates Dr
Mahomet, IL 61853
4 bd 3 ba 2,234 sqft Built 2020 Lot 10,019 sqft single_family
Most recent sale
$420,950
Oct 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 28, 2022 | Sold | $420,950 | MLS #11466062 |
| Jul 15, 2022 | Listed | $388,950 | MLS #11466062 |
| Jul 17, 2020 | Sold | $250,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $112,280 | $19,390 | $131,670 | $9,607 |
| 2023 | $105,630 | $18,240 | $123,870 | $8,912 |
| 2022 | $88,510 | $15,280 | $103,790 | $7,826 |
| 2021 | $83,660 | $14,440 | $98,100 | $7,419 |
| 2020 | — | $120 | $120 | $10 |
Property facts
Year built
2020
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,234 sqft
Lot size
10,019 sqft
ZIP code
61853
City
Mahomet
Street
Cates Dr
Coordinates
40.18936, -88.37976
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
$4,021
Gross rental yield
11.46%
Implied cap rate
7.45%
Trend-extrapolated value
—
Frequently asked questions
When did 718 Cates Dr last sell?
718 Cates Dr most recently sold on Oct 28, 2022 for $420,950.
What is the current tax assessment for 718 Cates Dr?
The most recent total assessment for 718 Cates Dr (year 2024) is $131,670 with $9,607 in property tax.
How does 718 Cates Dr's assessment compare to its last sale price?
The current assessment is 68.7% below the last sale price of $420,950.
When was 718 Cates Dr built?
718 Cates Dr was built in 2020.
How does 718 Cates Dr compare to others on Cates Dr?
We track 8 other properties on Cates Dr. Browse the list under "Other properties on Cates Dr" to compare beds, baths, and sale history.
What are the property facts for 718 Cates Dr?
718 Cates Dr is a 4 bed, 3 bath, 2,234 sqft, 10,019 sqft lot single_family.
Is 718 Cates Dr a flip candidate?
No — 718 Cates Dr does not appear in our flips dataset.
Is 718 Cates Dr a tax-appeal candidate?
No — 718 Cates Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.8%
Implied 1-yr
+7.2%
2026 Q2
$410.3K
2026 Q3
$417K
ZIP 61853 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cates Dr