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508 Villa Dr

Marion, IL 62959

3 bd 2 ba 1,648 sqft Built 2004 Lot 5,227 sqft single_family
Most recent sale
$161,000
Jul 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 28, 2022 Sold $161,000 Public Record
Jul 21, 2016 Sold $140,500 MLS #240043
Nov 15, 2004 Listed $145,000 MLS #240043
Nov 15, 2004 Sold $140,500 Public Record
May 10, 2004 Listed $129,800 MLS #231469
May 10, 2004 Sold $129,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $56,130 $4,740 $60,870 $4,281
2024 $56,130 $4,740 $60,870 $4,717
2023 $49,450 $4,180 $53,630 $3,156
2022 $47,660 $4,030 $51,690 $2,950
2021 $45,030 $3,810 $48,840 $2,857
2020 $45,030 $3,810 $48,840 $2,697
2019 $45,030 $3,810 $48,840 $2,872
2018 $45,030 $3,810 $48,840 $2,821
2017 $45,030 $3,810 $48,840 $2,751
2016 $42,650 $3,610 $46,260 $2,720
2014 $42,650 $3,610 $46,260 $2,642
2013 $48,810 $3,610 $52,420 $2,997
2012 $48,810 $3,610 $52,420 $1,506
2010 $48,810 $3,610 $52,420 $2,763
2009 $48,810 $3,610 $52,420 $2,758
2008 $48,810 $3,610 $52,420 $2,821
2006 $48,810 $3,610 $52,420 $2,429

Property facts

Year built
2004
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,648 sqft
Lot size
5,227 sqft
ZIP code
62959
City
Marion
Street
Villa Dr
Coordinates
37.74502, -88.92019

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$966
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 508 Villa Dr last sell?
508 Villa Dr most recently sold on Jul 28, 2022 for $161,000.
What is the current tax assessment for 508 Villa Dr?
The most recent total assessment for 508 Villa Dr (year 2025) is $60,870 with $4,281 in property tax.
How does 508 Villa Dr's assessment compare to its last sale price?
The current assessment is 62.2% below the last sale price of $161,000.
When was 508 Villa Dr built?
508 Villa Dr was built in 2004.
How does 508 Villa Dr compare to others on Villa Dr?
We track 4 other properties on Villa Dr. Browse the list under "Other properties on Villa Dr" to compare beds, baths, and sale history.
What are the property facts for 508 Villa Dr?
508 Villa Dr is a 3 bed, 2 bath, 1,648 sqft, 5,227 sqft lot single_family.
Is 508 Villa Dr a flip candidate?
No — 508 Villa Dr does not appear in our flips dataset.
Is 508 Villa Dr a tax-appeal candidate?
No — 508 Villa Dr 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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