505 State St
Mahomet, IL 61853
3 bd 2 ba 1,565 sqft Lot 7,425 sqft single_family
Most recent sale
$153,154
Mar 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 17, 2024 | Sold | $192,000 | MRED |
| Mar 25, 2024 | Price changed | $208,000 | MRED |
| Mar 6, 2024 | Listed | $216,000 | MRED |
| Jan 21, 2024 | Listing removed | $194,000 | MRED |
| Jan 14, 2024 | Price changed | $194,000 | MRED |
| Oct 16, 2023 | Price changed | $198,000 | MRED |
| Oct 6, 2023 | Listed | $210,000 | MRED |
| May 15, 2023 | Sold | $195,000 | Public Record |
| Mar 24, 2022 | Sold | $153,154 | MLS #11321061 |
| Feb 10, 2022 | Listed | $129,000 | MLS #11321061 |
| Oct 10, 2014 | Sold | $114,000 | Public Record |
| Apr 29, 2010 | Sold | $101,000 | Public Record |
| Oct 18, 2009 | Listing removed | $84,900 | ChampaignArea |
| Sep 30, 2009 | Sold | $63,000 | Public Record |
| Aug 26, 2009 | Price changed | $84,900 | MLS #2094038 |
| Aug 19, 2009 | Listed | $99,900 | MLS #2094038 |
| Jun 30, 2000 | Sold | $66,000 | Public Record |
| Dec 23, 1993 | Sold | $33,333 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $31,940 | $12,950 | $44,890 | $3,275 |
| 2023 | $30,050 | $12,180 | $42,230 | $2,563 |
| 2022 | $25,180 | $10,200 | $35,380 | $2,351 |
| 2021 | $23,800 | $9,640 | $33,440 | $2,210 |
| 2020 | $23,400 | $9,480 | $32,880 | $2,166 |
| 2019 | $23,030 | $9,330 | $32,360 | $2,106 |
| 2018 | $22,530 | $9,130 | $31,660 | $2,039 |
| 2017 | $21,460 | $8,690 | $30,150 | $1,943 |
| 2016 | $21,460 | $8,690 | $30,150 | $1,933 |
| 2015 | $21,040 | $8,520 | $29,560 | $1,898 |
| 2014 | $21,040 | $8,520 | $29,560 | $1,891 |
| 2013 | $20,200 | $8,180 | $28,380 | $1,793 |
| 2012 | $20,200 | $8,180 | $28,380 | $1,773 |
| 2011 | $20,200 | $8,180 | $28,380 | $1,815 |
| 2010 | $21,040 | $8,520 | $29,560 | $1,804 |
| 2009 | $21,040 | $8,520 | $29,560 | $1,767 |
| 2008 | $21,040 | $8,520 | $29,560 | $1,821 |
| 2006 | $19,620 | $7,510 | $27,130 | $1,758 |
| 2005 | $18,250 | $6,990 | $25,240 | $1,607 |
Property facts
Year built
—
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,565 sqft
Lot size
7,425 sqft
ZIP code
61853
City
Mahomet
Street
State St
Coordinates
40.19689, -88.40159
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
$919
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 505 State St last sell?
505 State St most recently sold on Mar 24, 2022 for $153,154.
What is the current tax assessment for 505 State St?
The most recent total assessment for 505 State St (year 2024) is $44,890 with $3,275 in property tax.
How does 505 State St's assessment compare to its last sale price?
The current assessment is 70.7% below the last sale price of $153,154.
When was 505 State St built?
The year built for 505 State St is not in our records.
How does 505 State St compare to others on State St?
We track 8 other properties on State St. Browse the list under "Other properties on State St" to compare beds, baths, and sale history.
What are the property facts for 505 State St?
505 State St is a 3 bed, 2 bath, 1,565 sqft, 7,425 sqft lot single_family.
Is 505 State St a flip candidate?
Yes — 505 State St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 505 State St a tax-appeal candidate?
No — 505 State 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
+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 State St