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507 1st St

Oregon, IL 61061

3 bd 2 ba 1,664 sqft Built 1921 Lot 13,939 sqft single_family
Most recent sale
$121,000
Dec 21, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 21, 2021 Sold $121,000 Public Record
Dec 15, 2021 Sold $123,900 MLS #11245041
Nov 9, 2021 Price changed $117,900 MLS #202106687
Oct 25, 2021 Price changed $129,900 MLS #202106687
Oct 13, 2021 Listed $144,900 MLS #202106687
Oct 10, 2006 Sold $95,750 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $38,795 $11,107 $49,902 $4,425
2022 $32,151 $5,016 $37,167 $3,213
2021 $21,849 $4,680 $26,529 $1,618
2020 $20,880 $4,472 $25,352 $1,515
2019 $20,776 $4,450 $25,226 $1,494
2018 $19,881 $4,258 $24,139 $1,367
2017 $19,881 $4,258 $24,139 $1,362
2016 $19,185 $4,109 $23,294 $1,265
2015 $19,860 $4,254 $24,114 $1,340
2014 $19,860 $4,254 $24,114 $1,284
2013 $20,848 $4,466 $25,314 $1,341
2012 $21,582 $4,623 $26,205 $1,457
2011 $22,908 $4,907 $27,815 $1,569
2010 $23,670 $5,070 $28,740 $1,584
2009 $24,252 $5,195 $29,447 $1,964
2007 $23,342 $5,000 $28,342 $1,855
2006 $23,342 $5,000 $28,342 $1,682

Property facts

Year built
1921
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,664 sqft
Lot size
13,939 sqft
ZIP code
61061
City
Oregon
Street
1st St
Coordinates
42.00888, -89.32841

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
$726
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 1st St last sell?
507 1st St most recently sold on Dec 21, 2021 for $121,000.
What is the current tax assessment for 507 1st St?
The most recent total assessment for 507 1st St (year 2024) is $49,902 with $4,425 in property tax.
How does 507 1st St's assessment compare to its last sale price?
The current assessment is 58.8% below the last sale price of $121,000.
When was 507 1st St built?
507 1st St was built in 1921.
How does 507 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 507 1st St?
507 1st St is a 3 bed, 2 bath, 1,664 sqft, 13,939 sqft lot single_family.
Is 507 1st St a flip candidate?
No — 507 1st St does not appear in our flips dataset.
Is 507 1st St a tax-appeal candidate?
No — 507 1st 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
-2.8%
Implied 1-yr
-11.4%
2026 Q3
$171K
2026 Q4
$165.1K
ZIP 61061 — Median Price History + Forecast

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