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31 Somerset Rd

Montgomery, IL 60538

3 bd 2 ba 1,752 sqft Built 1974 Lot 19,768 sqft single_family
Most recent sale
$335,000
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $335,000 MLS #11412482
Aug 11, 2022 Price changed $335,000 MLS #11412482
Jul 26, 2022 Relisted $350,000 MLS #11412482
Jul 22, 2022 Listing removed $350,000 MRED
Jun 9, 2022 Listed $350,000 MLS #11412482

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $85,524 $30,731 $116,255 $8,727
2022 $70,734 $25,417 $96,151 $7,564
2021 $66,107 $23,754 $89,861 $7,260
2020 $63,564 $22,840 $86,404 $7,011
2019 $61,713 $22,840 $84,553 $6,949
2018 $56,313 $20,841 $77,154 $6,511
2017 $51,901 $19,208 $71,109 $6,069
2016 $47,616 $17,622 $65,238 $5,558
2015 $44,089 $16,317 $60,406 $5,313
2014 $42,393 $15,689 $58,082 $5,366
2013 $44,624 $16,515 $61,139 $5,643
2012 $48,769 $18,049 $66,818 $5,948
2011 $53,061 $19,637 $72,698 $5,983
2010 $58,957 $21,819 $80,776 $6,005
2009 $61,108 $22,612 $83,720 $5,533
2008 $56,100 $20,760 $76,860 $5,362
2006 $54,466 $20,155 $74,621 $5,146

Property facts

Year built
1974
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,752 sqft
Lot size
19,768 sqft
ZIP code
60538
City
Montgomery
Street
Somerset Rd
Coordinates
41.70416, -88.33893

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
$3,154
Gross rental yield
11.30%
Implied cap rate
7.34%
Trend-extrapolated value

Frequently asked questions

When did 31 Somerset Rd last sell?
31 Somerset Rd most recently sold on Sep 29, 2022 for $335,000.
What is the current tax assessment for 31 Somerset Rd?
The most recent total assessment for 31 Somerset Rd (year 2024) is $116,255 with $8,727 in property tax.
How does 31 Somerset Rd's assessment compare to its last sale price?
The current assessment is 65.3% below the last sale price of $335,000.
When was 31 Somerset Rd built?
31 Somerset Rd was built in 1974.
How does 31 Somerset Rd compare to others on Somerset Rd?
We track 8 other properties on Somerset Rd. Browse the list under "Other properties on Somerset Rd" to compare beds, baths, and sale history.
What are the property facts for 31 Somerset Rd?
31 Somerset Rd is a 3 bed, 2 bath, 1,752 sqft, 19,768 sqft lot single_family.
Is 31 Somerset Rd a flip candidate?
No — 31 Somerset Rd does not appear in our flips dataset.
Is 31 Somerset Rd a tax-appeal candidate?
No — 31 Somerset Rd 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
+5.4%
Implied 1-yr
+21.6%
2026 Q3
$501.6K
2026 Q4
$521.7K
ZIP 60538 — Median Price History + Forecast

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