5 Terrace Dr
Oregon, IL 61061
3 bd 3 ba 1,783 sqft Built 1967 Lot 16,117 sqft single_family
Most recent sale
$215,000
Jun 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 3, 2022 | Sold | $215,000 | Public Record |
| May 25, 2022 | Sold | $215,000 | MLS #11386051 |
| Apr 26, 2022 | Listed | $199,900 | MLS #11386051 |
| Dec 16, 2020 | Sold | $155,000 | MLS #202006601 |
| Nov 17, 2020 | Listed | $165,000 | MLS #10935679 |
| Sep 18, 2018 | Sold | $107,000 | Public Record |
| Sep 14, 2018 | Sold | $119,000 | MLS #201804789 |
| Jul 31, 2018 | Listed | $119,000 | MLS #10036694 |
| Jul 28, 2018 | Listed | $119,000 | MLS #201804789 |
| Dec 5, 2008 | Sold | $127,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $71,094 | $8,147 | $79,241 | $7,372 |
| 2022 | $58,919 | $7,022 | $65,941 | $5,664 |
| 2021 | $43,949 | $6,552 | $50,501 | $4,117 |
| 2020 | $30,460 | $6,261 | $36,721 | $3,243 |
| 2019 | $30,308 | $6,230 | $36,538 | $3,208 |
| 2018 | $30,107 | $5,962 | $36,069 | $3,761 |
| 2017 | $30,107 | $5,962 | $36,069 | $3,745 |
| 2016 | $29,052 | $5,753 | $34,805 | $3,582 |
| 2015 | $30,075 | $5,955 | $36,030 | $3,682 |
| 2014 | $30,075 | $5,955 | $36,030 | $3,527 |
| 2013 | $31,572 | $6,251 | $37,823 | $3,542 |
| 2012 | $32,683 | $6,471 | $39,154 | $3,520 |
| 2011 | $34,692 | $6,869 | $41,561 | $3,659 |
| 2010 | $35,846 | $7,098 | $42,944 | $3,630 |
| 2009 | $36,727 | $7,273 | $44,000 | $3,686 |
| 2007 | $41,303 | $5,766 | $47,069 | $1,625 |
| 2006 | $41,303 | $5,766 | $47,069 | $1,571 |
Property facts
Year built
1967
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,783 sqft
Lot size
16,117 sqft
ZIP code
61061
City
Oregon
Street
Terrace Dr
Coordinates
42.02233, -89.33682
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,290
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5 Terrace Dr last sell?
5 Terrace Dr most recently sold on Jun 3, 2022 for $215,000.
What is the current tax assessment for 5 Terrace Dr?
The most recent total assessment for 5 Terrace Dr (year 2024) is $79,241 with $7,372 in property tax.
How does 5 Terrace Dr's assessment compare to its last sale price?
The current assessment is 63.1% below the last sale price of $215,000.
When was 5 Terrace Dr built?
5 Terrace Dr was built in 1967.
How does 5 Terrace Dr compare to others on Terrace Dr?
We track 3 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 5 Terrace Dr?
5 Terrace Dr is a 3 bed, 3 bath, 1,783 sqft, 16,117 sqft lot single_family.
Is 5 Terrace Dr a flip candidate?
Yes — 5 Terrace Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5 Terrace Dr a tax-appeal candidate?
No — 5 Terrace Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.8%
Implied 1-yr
-11.4%
2026 Q3
$171K
2026 Q4
$165.1K
ZIP 61061 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Terrace Dr