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1504 Matthew Ln

Marion, IL 62959

3 bd 3 ba 2,208 sqft Built 1988 Lot 21,780 sqft single_family
Most recent sale
$262,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $262,000 Public Record
Aug 4, 2022 Sold $262,500 MRED
Jun 13, 2022 Listed $250,000 MLS #QC4234090
Sep 5, 2018 Sold $183,000 Egyptian
Aug 13, 2018 Sold $189,900 MLS #419874
Jun 23, 2018 Price changed $189,900 MLS #419874
May 8, 2018 Price changed $194,500 MLS #419874
Apr 18, 2018 Listed $198,500 MLS #419874
Jun 22, 2001 Sold $152,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $59,210 $14,040 $73,250 $5,239
2024 $59,210 $14,040 $73,250 $5,225
2023 $52,170 $12,370 $64,540 $4,335
2022 $50,280 $11,920 $62,200 $4,075
2021 $47,510 $11,260 $58,770 $3,963
2020 $47,510 $11,260 $58,770 $3,761
2019 $47,510 $11,260 $58,770 $4,006
2018 $47,510 $11,260 $58,770 $3,934
2017 $47,510 $11,260 $58,770 $3,836
2016 $45,000 $10,670 $55,670 $3,805
2014 $45,000 $10,670 $55,670 $3,710
2013 $45,000 $10,670 $55,670 $3,585
2012 $45,000 $10,670 $55,670 $1,760
2010 $45,000 $10,670 $55,670 $3,235
2009 $45,000 $10,670 $55,670 $3,224
2008 $45,000 $10,670 $55,670 $3,298
2006 $45,000 $10,670 $55,670 $2,777

Property facts

Year built
1988
Property type
single_family
Stories
Beds
3
Baths
3
Living area
2,208 sqft
Lot size
21,780 sqft
ZIP code
62959
City
Marion
Street
Matthew Ln
Coordinates
37.74464, -88.91295

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
$1,572
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1504 Matthew Ln last sell?
1504 Matthew Ln most recently sold on Aug 22, 2022 for $262,000.
What is the current tax assessment for 1504 Matthew Ln?
The most recent total assessment for 1504 Matthew Ln (year 2025) is $73,250 with $5,239 in property tax.
How does 1504 Matthew Ln's assessment compare to its last sale price?
The current assessment is 72.0% below the last sale price of $262,000.
When was 1504 Matthew Ln built?
1504 Matthew Ln was built in 1988.
How does 1504 Matthew Ln compare to others on Matthew Ln?
We track 8 other properties on Matthew Ln. Browse the list under "Other properties on Matthew Ln" to compare beds, baths, and sale history.
What are the property facts for 1504 Matthew Ln?
1504 Matthew Ln is a 3 bed, 3 bath, 2,208 sqft, 21,780 sqft lot single_family.
Is 1504 Matthew Ln a flip candidate?
No — 1504 Matthew Ln does not appear in our flips dataset.
Is 1504 Matthew Ln a tax-appeal candidate?
No — 1504 Matthew Ln 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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