506 Southwood Dr
Mahomet, IL 61853
3 bd 2 ba 1,242 sqft Built 1978 single_family
Most recent sale
$215,000
Mar 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 8, 2022 | Sold | $215,000 | Public Record |
| Jan 21, 2022 | Listed | $215,000 | MLS #11307321 |
| Jul 6, 2017 | Sold | $145,000 | Public Record |
| Jun 21, 2002 | Sold | $103,500 | Public Record |
| Jul 30, 1997 | Sold | $57,666 | Public Record |
| Dec 30, 1992 | Sold | $48,660 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $50,270 | $16,240 | $66,510 | $3,955 |
| 2023 | $47,290 | $15,280 | $62,570 | $3,613 |
| 2022 | $39,620 | $12,800 | $52,420 | $3,330 |
| 2021 | $37,450 | $12,100 | $49,550 | $3,140 |
| 2020 | $36,820 | $11,900 | $48,720 | $3,080 |
| 2019 | $36,240 | $11,710 | $47,950 | $2,999 |
| 2018 | $35,460 | $11,460 | $46,920 | $2,910 |
| 2017 | $33,770 | $10,910 | $44,680 | $2,781 |
| 2016 | $33,770 | $10,910 | $44,680 | $2,771 |
| 2015 | $33,770 | $10,910 | $44,680 | $2,783 |
| 2014 | $33,770 | $10,910 | $44,680 | $2,639 |
| 2013 | $32,410 | $10,470 | $42,880 | $2,631 |
| 2012 | $32,410 | $10,470 | $42,880 | $2,604 |
| 2011 | $32,410 | $10,470 | $42,880 | $2,537 |
| 2010 | $32,410 | $10,470 | $42,880 | $2,525 |
| 2009 | $32,410 | $10,470 | $42,880 | $2,473 |
| 2008 | $32,410 | $10,470 | $42,880 | $2,561 |
| 2006 | $30,660 | $8,000 | $38,660 | $2,392 |
| 2005 | $29,100 | $7,590 | $36,690 | $2,243 |
Property facts
Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,242 sqft
Lot size
—
ZIP code
61853
City
Mahomet
Street
Southwood Dr
Coordinates
40.20122, -88.42337
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
$2,236
Gross rental yield
12.48%
Implied cap rate
8.11%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Southwood Dr last sell?
506 Southwood Dr most recently sold on Mar 8, 2022 for $215,000.
What is the current tax assessment for 506 Southwood Dr?
The most recent total assessment for 506 Southwood Dr (year 2024) is $66,510 with $3,955 in property tax.
How does 506 Southwood Dr's assessment compare to its last sale price?
The current assessment is 69.1% below the last sale price of $215,000.
When was 506 Southwood Dr built?
506 Southwood Dr was built in 1978.
How does 506 Southwood Dr compare to others on Southwood Dr?
We track 6 other properties on Southwood Dr. Browse the list under "Other properties on Southwood Dr" to compare beds, baths, and sale history.
What are the property facts for 506 Southwood Dr?
506 Southwood Dr is a 3 bed, 2 bath, 1,242 sqft single_family.
Is 506 Southwood Dr a flip candidate?
No — 506 Southwood Dr does not appear in our flips dataset.
Is 506 Southwood Dr a tax-appeal candidate?
No — 506 Southwood 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 Southwood Dr