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551 Falling Leaf Way

Mascoutah, IL 62258

4 bd 3 ba 2,265 sqft Built 2005 Lot 7,449 sqft single_family
Most recent sale
$225,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $225,000 MLS #22013889
Mar 10, 2022 Listed $225,000 MLS #22013889
Jul 1, 2005 Sold $158,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $60,797 $11,241 $72,038 $4,841
2022 $50,567 $9,349 $59,916 $4,497
2021 $49,006 $9,056 $58,062 $4,416
2020 $47,076 $8,699 $55,775 $4,214
2019 $45,968 $8,494 $54,462 $4,107
2018 $44,733 $8,266 $52,999 $4,011
2017 $45,804 $9,100 $54,904 $4,290
2016 $44,500 $8,841 $53,341 $4,191
2015 $43,860 $8,714 $52,574 $3,952
2014 $42,857 $8,515 $51,372 $3,704
2013 $49,601 $8,394 $57,995 $4,083
2012 $48,921 $8,279 $57,200 $3,981
2011 $52,713 $8,528 $61,241 $4,286
2010 $53,138 $8,597 $61,735 $4,151
2009 $52,296 $8,461 $60,757 $4,081
2008 $52,296 $8,461 $60,757 $3,922
2007 $50,348 $8,146 $58,494 $3,173

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,265 sqft
Lot size
7,449 sqft
ZIP code
62258
City
Mascoutah
Street
Falling Leaf Way
Coordinates
38.50464, -89.81883

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
$1,350
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 551 Falling Leaf Way last sell?
551 Falling Leaf Way most recently sold on May 2, 2022 for $225,000.
What is the current tax assessment for 551 Falling Leaf Way?
The most recent total assessment for 551 Falling Leaf Way (year 2024) is $72,038 with $4,841 in property tax.
How does 551 Falling Leaf Way's assessment compare to its last sale price?
The current assessment is 68.0% below the last sale price of $225,000.
When was 551 Falling Leaf Way built?
551 Falling Leaf Way was built in 2005.
How does 551 Falling Leaf Way compare to others on Falling Leaf Way?
We track 8 other properties on Falling Leaf Way. Browse the list under "Other properties on Falling Leaf Way" to compare beds, baths, and sale history.
What are the property facts for 551 Falling Leaf Way?
551 Falling Leaf Way is a 4 bed, 3 bath, 2,265 sqft, 7,449 sqft lot single_family.
Is 551 Falling Leaf Way a flip candidate?
No — 551 Falling Leaf Way does not appear in our flips dataset.
Is 551 Falling Leaf Way a tax-appeal candidate?
No — 551 Falling Leaf Way 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
+0.9%
Implied 1-yr
+3.7%
2026 Q3
$264.5K
2026 Q4
$266.7K
ZIP 62258 — Median Price History + Forecast

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