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505 Mercer Ct

O'Fallon, IL 62269

4 bd 4 ba 3,040 sqft Built 2002 Lot 10,062 sqft single_family
Most recent sale
$340,000
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 14, 2022 Sold $340,000 MLS #22022956
Apr 27, 2022 Listed $309,500 MLS #22022956
Jul 24, 2015 Sold $215,000 MLS #4406108
May 4, 2015 Listed $220,900 MLS #4406108
May 1, 2015 Listed $220,900 MLS #4406108
Aug 2, 2013 Listing removed $1,650 SWIllinois
Jul 9, 2013 Listed for rent $1,650 SWIllinois
Jun 4, 2013 Listing removed $215,000 SWIllinois
Apr 3, 2013 Listed $218,000 MLS #4204430
Jul 23, 2009 Sold $215,600 MLS #2905537
May 21, 2009 Listed $229,900 MLS #2905537
Jul 17, 2002 Sold $191,000 Public Record
Apr 10, 2002 Sold $37,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $87,810 $18,094 $105,904 $7,282
2022 $71,652 $14,764 $86,416 $6,267
2021 $66,546 $14,811 $81,357 $2,214
2020 $65,184 $14,508 $79,692 $6,415
2019 $62,992 $14,020 $77,012 $6,277
2018 $61,163 $13,613 $74,776 $6,116
2017 $62,458 $14,438 $76,896 $6,432
2016 $61,402 $14,194 $75,596 $6,395
2015 $59,969 $13,863 $73,832 $6,041
2014 $59,275 $13,703 $72,978 $5,924
2013 $58,948 $13,492 $72,440 $5,328
2012 $59,931 $13,717 $73,648 $5,401
2011 $58,116 $17,353 $75,469 $5,516
2010 $59,260 $17,695 $76,955 $5,406
2009 $59,260 $17,695 $76,955 $5,311
2008 $59,260 $17,695 $76,955 $5,235
2007 $57,008 $17,023 $74,031 $5,084

Property facts

Year built
2002
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,040 sqft
Lot size
10,062 sqft
ZIP code
62269
City
O'Fallon
Street
Mercer Ct
Coordinates
38.61206, -89.92523

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
$2,040
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 Mercer Ct last sell?
505 Mercer Ct most recently sold on Jun 14, 2022 for $340,000.
What is the current tax assessment for 505 Mercer Ct?
The most recent total assessment for 505 Mercer Ct (year 2024) is $105,904 with $7,282 in property tax.
How does 505 Mercer Ct's assessment compare to its last sale price?
The current assessment is 68.9% below the last sale price of $340,000.
When was 505 Mercer Ct built?
505 Mercer Ct was built in 2002.
How does 505 Mercer Ct compare to others on Mercer Ct?
We track 7 other properties on Mercer Ct. Browse the list under "Other properties on Mercer Ct" to compare beds, baths, and sale history.
What are the property facts for 505 Mercer Ct?
505 Mercer Ct is a 4 bed, 4 bath, 3,040 sqft, 10,062 sqft lot single_family.
Is 505 Mercer Ct a flip candidate?
No — 505 Mercer Ct does not appear in our flips dataset.
Is 505 Mercer Ct a tax-appeal candidate?
No — 505 Mercer Ct 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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