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116 Homestead St

O'Fallon, IL 62269

2 bd 1 ba 1,428 sqft Built 1959 Lot 13,939 sqft single_family
Most recent sale
$32,000
Nov 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 1, 2022 Sold $32,000 MLS #22065223
Oct 21, 2022 Relisted $28,000 MLS #22065223
Oct 6, 2022 Listed $28,000 MLS #22065223
Jan 5, 2021 Listing removed $45,000 MARIS
Jun 9, 2020 Price changed $45,000 MLS #20013132
Mar 2, 2020 Listed $62,500 MLS #20013132
Nov 10, 2006 Sold $69,000 MLS #2614297
Sep 6, 2006 Listed $69,500 MLS #2614297

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $27,387 $3,654 $31,041 $2,200
2022 $22,150 $3,169 $25,319 $1,911
2021 $21,023 $3,008 $24,031 $1,883
2020 $21,433 $2,953 $24,386 $1,933
2019 $20,688 $2,850 $23,538 $1,216
2018 $20,366 $3,047 $23,413 $1,221
2017 $19,807 $2,963 $22,770 $1,187
2016 $19,539 $2,923 $22,462 $1,384
2015 $19,098 $2,857 $21,955 $1,304
2014 $20,625 $2,147 $22,772 $1,355
2013 $21,005 $2,187 $23,192 $1,374
2012 $21,482 $2,237 $23,719 $1,411
2011 $22,282 $2,320 $24,602 $1,477
2010 $22,532 $2,346 $24,878 $1,452
2009 $22,532 $2,346 $24,878 $1,411
2008 $21,766 $2,266 $24,032 $1,374
2007 $21,138 $2,201 $23,339 $1,369

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,428 sqft
Lot size
13,939 sqft
ZIP code
62269
City
O'Fallon
Street
Homestead St
Coordinates
38.59456, -89.96407

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
$192
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 116 Homestead St last sell?
116 Homestead St most recently sold on Nov 1, 2022 for $32,000.
What is the current tax assessment for 116 Homestead St?
The most recent total assessment for 116 Homestead St (year 2024) is $31,041 with $2,200 in property tax.
How does 116 Homestead St's assessment compare to its last sale price?
The current assessment is 3.0% below the last sale price of $32,000.
When was 116 Homestead St built?
116 Homestead St was built in 1959.
How does 116 Homestead St compare to others on Homestead St?
We track 4 other properties on Homestead St. Browse the list under "Other properties on Homestead St" to compare beds, baths, and sale history.
What are the property facts for 116 Homestead St?
116 Homestead St is a 2 bed, 1 bath, 1,428 sqft, 13,939 sqft lot single_family.
Is 116 Homestead St a flip candidate?
No — 116 Homestead St does not appear in our flips dataset.
Is 116 Homestead St a tax-appeal candidate?
No — 116 Homestead 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
+3.4%
Implied 1-yr
+13.7%
2026 Q3
$418.3K
2026 Q4
$430K
ZIP 62269 — Median Price History + Forecast

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