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501 Calumet St

Marion, IL 62959

3 bd 2 ba 1,200 sqft Built 2021 single_family
Most recent sale
$157,500
Dec 29, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 11, 2024 Sold $180,000 MRED
Mar 25, 2024 Listed $180,000 RMLSAlliance
Dec 29, 2023 Sold $157,500 Public Record
Oct 7, 2021 Sold $131,500 Public Record
Oct 6, 2021 Sold $131,300 MRED
Oct 6, 2021 Listing removed RMLSAlliance

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $39,200 $3,550 $42,750 $3,165
2022 $9,440 $3,420 $12,860 $932
2021 $2,810 $2,810 $210
2020 $2,810 $2,810 $200
2019 $2,810 $2,810 $213
2018 $2,810 $2,810 $209
2017 $2,810 $2,810 $204
2016 $2,660 $2,660 $202
2014 $1,430 $1,430 $106
2010 $12,120 $3,070 $15,190 $989
2009 $12,120 $3,070 $15,190 $346
2008 $12,120 $3,070 $15,190 $374
2006 $12,120 $3,070 $15,190 $345

Property facts

Year built
2021
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,200 sqft
Lot size
ZIP code
62959
City
Marion
Street
Calumet St
Coordinates
37.72721, -88.92059

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
$945
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 Calumet St last sell?
501 Calumet St most recently sold on Dec 29, 2023 for $157,500.
What is the current tax assessment for 501 Calumet St?
The most recent total assessment for 501 Calumet St (year 2023) is $42,750 with $3,165 in property tax.
How does 501 Calumet St's assessment compare to its last sale price?
The current assessment is 72.9% below the last sale price of $157,500.
When was 501 Calumet St built?
501 Calumet St was built in 2021.
How does 501 Calumet St compare to others on Calumet St?
We track 8 other properties on Calumet St. Browse the list under "Other properties on Calumet St" to compare beds, baths, and sale history.
What are the property facts for 501 Calumet St?
501 Calumet St is a 3 bed, 2 bath, 1,200 sqft single_family.
Is 501 Calumet St a flip candidate?
No — 501 Calumet St does not appear in our flips dataset.
Is 501 Calumet St a tax-appeal candidate?
No — 501 Calumet 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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