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508 Mercer Ct

O'Fallon, IL 62269

4 bd 4 ba 2,584 sqft Built 2002 Lot 10,019 sqft single_family
Most recent sale
$328,000
Feb 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2024 Sold $340,000 MARIS
Feb 11, 2022 Sold $328,000 MLS #21089412
Jan 3, 2022 Listed $329,900 MLS #21089412
Jul 17, 2018 Sold $237,000 Public Record
Jul 6, 2018 Sold $237,000 MLS #18044611
Jun 1, 2018 Listed $239,900 MLS #18044611
Nov 5, 2014 Listing removed $230,000 SWIllinois
Oct 31, 2014 Listing removed $1,650 SWIllinois
Oct 28, 2014 Listed for rent $1,650 SWIllinois
Sep 17, 2014 Price changed $230,000 MLS #4304269
Apr 5, 2014 Listed $235,000 MLS #4304269
Sep 28, 2007 Sold $251,400 MLS #2712902
Jul 23, 2007 Listed $249,900 MLS #2712902
Jun 14, 2004 Sold $234,000 MLS #2406188
May 12, 2004 Listed $232,900 MLS #2406188
Sep 4, 2002 Sold $217,000 Public Record
Jan 28, 2002 Sold $37,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $89,344 $16,116 $105,460 $7,687
2022 $72,903 $13,151 $86,054 $6,706
2021 $67,999 $13,193 $81,192 $6,445
2020 $66,607 $12,923 $79,530 $6,402
2019 $64,367 $12,488 $76,855 $6,264
2018 $62,498 $12,125 $74,623 $6,104
2017 $63,642 $14,698 $78,340 $6,553
2016 $62,566 $14,449 $77,015 $6,515
2015 $61,106 $14,112 $75,218 $6,154
2014 $60,399 $13,949 $74,348 $6,035
2013 $59,781 $13,735 $73,516 $5,895
2012 $60,778 $13,964 $74,742 $5,967
2011 $75,409 $17,353 $92,762 $7,366
2010 $76,893 $17,695 $94,588 $7,207
2009 $76,893 $17,695 $94,588 $6,630
2008 $76,893 $17,695 $94,588 $6,527
2007 $73,971 $17,023 $90,994 $6,333

Property facts

Year built
2002
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,584 sqft
Lot size
10,019 sqft
ZIP code
62269
City
O'Fallon
Street
Mercer Ct
Coordinates
38.61257, -89.92533

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
$1,968
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 508 Mercer Ct last sell?
508 Mercer Ct most recently sold on Feb 11, 2022 for $328,000.
What is the current tax assessment for 508 Mercer Ct?
The most recent total assessment for 508 Mercer Ct (year 2024) is $105,460 with $7,687 in property tax.
How does 508 Mercer Ct's assessment compare to its last sale price?
The current assessment is 67.8% below the last sale price of $328,000.
When was 508 Mercer Ct built?
508 Mercer Ct was built in 2002.
How does 508 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 508 Mercer Ct?
508 Mercer Ct is a 4 bed, 4 bath, 2,584 sqft, 10,019 sqft lot single_family.
Is 508 Mercer Ct a flip candidate?
No — 508 Mercer Ct does not appear in our flips dataset.
Is 508 Mercer Ct a tax-appeal candidate?
No — 508 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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