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503 1st St

Marion, IL 62959

3 bd 2 ba 1,260 sqft Built 1967 Lot 8,538 sqft single_family
Most recent sale
$65,000
Aug 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 9, 2023 Sold $132,500 MRED
Sep 22, 2022 Listed $139,900 MLS #EB446347
Aug 2, 2022 Sold $65,000 Public Record
Aug 24, 2009 Sold $67,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $33,930 $4,290 $38,220 $2,173
2024 $33,930 $4,290 $38,220 $1,845
2023 $23,090 $3,980 $27,070 $1,560
2022 $22,260 $3,840 $26,100 $1,457
2021 $21,030 $3,630 $24,660 $1,410
2020 $21,030 $3,630 $24,660 $1,330
2019 $21,030 $3,630 $24,660 $1,416
2018 $21,030 $3,630 $24,660 $1,391
2017 $21,030 $3,630 $24,660 $1,357
2016 $19,920 $3,440 $23,360 $1,341
2014 $19,920 $3,440 $23,360 $1,301
2013 $19,920 $3,440 $23,360 $1,258
2012 $19,920 $3,440 $23,360 $617
2010 $19,920 $3,440 $23,360 $1,131
2009 $19,920 $3,440 $23,360 $259
2008 $19,920 $3,440 $23,360 $300
2006 $19,920 $3,440 $23,360 $376

Property facts

Year built
1967
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,260 sqft
Lot size
8,538 sqft
ZIP code
62959
City
Marion
Street
1st St
Coordinates
37.72669, -88.94742

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
$390
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 503 1st St last sell?
503 1st St most recently sold on Aug 2, 2022 for $65,000.
What is the current tax assessment for 503 1st St?
The most recent total assessment for 503 1st St (year 2025) is $38,220 with $2,173 in property tax.
How does 503 1st St's assessment compare to its last sale price?
The current assessment is 41.2% below the last sale price of $65,000.
When was 503 1st St built?
503 1st St was built in 1967.
How does 503 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 503 1st St?
503 1st St is a 3 bed, 2 bath, 1,260 sqft, 8,538 sqft lot single_family.
Is 503 1st St a flip candidate?
Yes — 503 1st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 503 1st St a tax-appeal candidate?
No — 503 1st 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
-0.7%
Implied 1-yr
-2.6%
2026 Q3
$184.7K
2026 Q4
$183.4K
ZIP 62959 — Median Price History + Forecast

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