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1502 2nd Ave

Rapids City, IL 61278

3 bd 2 ba 1,982 sqft Built 1951 Lot 23,087 sqft townhomes
Most recent sale
$226,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $226,000 Public Record
Jul 29, 2022 Sold $226,000 MRED
Jun 22, 2022 Listed $237,000 MLS #QC4234429
Apr 11, 2018 Sold $162,500 Public Record
Oct 18, 2013 Sold $214,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2019 $36,338 $8,321 $44,659 $2,694
2018 $42,052 $6,729 $48,781 $3,830
2017 $41,268 $6,604 $47,872 $3,708
2016 $41,063 $6,571 $47,634 $3,702
2015 $33,548 $5,368 $38,916 $3,053
2014 $32,890 $5,263 $38,153 $2,867
2013 $32,707 $5,234 $37,941 $2,380
2012 $33,225 $5,317 $38,542 $2,372
2011 $33,225 $5,317 $38,542 $2,352
2010 $33,225 $5,317 $38,542 $1,947
2009 $32,750 $5,241 $37,991 $1,900
2008 $32,108 $5,138 $37,246 $1,742
2007 $31,790 $5,087 $36,877 $1,733

Property facts

Year built
1951
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,982 sqft
Lot size
23,087 sqft
ZIP code
61278
City
Rapids City
Street
2nd Ave
Coordinates
41.58010, -90.34746

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
$1,356
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1502 2nd Ave last sell?
1502 2nd Ave most recently sold on Aug 8, 2022 for $226,000.
What is the current tax assessment for 1502 2nd Ave?
The most recent total assessment for 1502 2nd Ave (year 2019) is $44,659 with $2,694 in property tax.
How does 1502 2nd Ave's assessment compare to its last sale price?
The current assessment is 80.2% below the last sale price of $226,000.
When was 1502 2nd Ave built?
1502 2nd Ave was built in 1951.
How does 1502 2nd Ave compare to others on 2nd Ave?
We track 8 other properties on 2nd Ave. Browse the list under "Other properties on 2nd Ave" to compare beds, baths, and sale history.
What are the property facts for 1502 2nd Ave?
1502 2nd Ave is a 3 bed, 2 bath, 1,982 sqft, 23,087 sqft lot townhomes.
Is 1502 2nd Ave a flip candidate?
No — 1502 2nd Ave does not appear in our flips dataset.
Is 1502 2nd Ave a tax-appeal candidate?
No — 1502 2nd Ave 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
+12.0%
Implied 1-yr
+48.1%
2026 Q1
$562.5K
2026 Q2
$562.5K
ZIP 61278 — Median Price History + Forecast

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