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403 Ridge Rd

Mahomet, IL 61853

3 bd 2 ba 2,400 sqft Built 1995 Lot 9,148 sqft single_family
Most recent sale
$228,000
Dec 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2022 Listing removed $217,500 MRED
Dec 30, 2021 Sold $228,000 MLS #11272959
Aug 6, 2020 Listing removed $219,900 MRED
Jul 20, 2020 Price changed $219,900 MLS #10747893
Jul 6, 2020 Price changed $224,900 MLS #10747893
Jul 3, 2020 Price changed $225,900 MLS #10747893
Jun 18, 2020 Listed $229,900 MLS #10747893
May 10, 2019 Sold $217,000 MLS #10170994
Jan 21, 2019 Listed $224,900 MLS #10170994
Aug 23, 2016 Sold $198,000 Public Record
Jul 11, 2016 Listing removed $199,900 ChampaignArea

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $90,200 $14,120 $104,320 $6,442
2023 $84,850 $13,280 $98,130 $5,910
2022 $71,100 $11,120 $82,220 $5,468
2021 $67,200 $10,510 $77,710 $5,170
2020 $66,080 $10,330 $76,410 $5,077
2019 $65,040 $10,170 $75,210 $4,948
2018 $63,640 $9,950 $73,590 $4,806
2017 $60,610 $9,480 $70,090 $4,608
2016 $60,610 $9,480 $70,090 $4,591
2015 $60,610 $9,480 $70,090 $4,611
2014 $60,610 $9,480 $70,090 $4,501
2013 $59,600 $9,320 $68,920 $4,489
2012 $59,600 $9,320 $68,920 $3,731
2011 $59,600 $9,320 $68,920 $3,634
2010 $59,600 $9,320 $68,920 $3,618
2009 $59,600 $9,320 $68,920 $3,543
2008 $59,600 $9,320 $68,920 $3,646
2006 $44,470 $8,370 $52,840 $3,399
2005 $43,500 $8,190 $51,690 $3,305

Property facts

Year built
1995
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,400 sqft
Lot size
9,148 sqft
ZIP code
61853
City
Mahomet
Street
Ridge Rd
Coordinates
40.19958, -88.37349

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
$1,368
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 403 Ridge Rd last sell?
403 Ridge Rd most recently sold on Dec 30, 2021 for $228,000.
What is the current tax assessment for 403 Ridge Rd?
The most recent total assessment for 403 Ridge Rd (year 2024) is $104,320 with $6,442 in property tax.
How does 403 Ridge Rd's assessment compare to its last sale price?
The current assessment is 54.2% below the last sale price of $228,000.
When was 403 Ridge Rd built?
403 Ridge Rd was built in 1995.
How does 403 Ridge Rd compare to others on Ridge Rd?
We track 8 other properties on Ridge Rd. Browse the list under "Other properties on Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 403 Ridge Rd?
403 Ridge Rd is a 3 bed, 2 bath, 2,400 sqft, 9,148 sqft lot single_family.
Is 403 Ridge Rd a flip candidate?
No — 403 Ridge Rd does not appear in our flips dataset.
Is 403 Ridge Rd a tax-appeal candidate?
No — 403 Ridge Rd 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
+1.8%
Implied 1-yr
+7.2%
2026 Q2
$410.3K
2026 Q3
$417K
ZIP 61853 — Median Price History + Forecast

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