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514 Oak St

Sparta, IL 62286

3 bd 2 ba 1,809 sqft Built 1950 Lot 9,583 sqft single_family
Most recent sale
$72,000
Jan 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 28, 2022 Sold $72,000 MLS #21081674
Nov 17, 2021 Listed $72,000 MLS #21081674
Sep 1, 2016 Sold $54,900 MLS #4500514
Jun 28, 2016 Price changed $54,900 MLS #4500514
Jan 14, 2016 Listed $59,900 MLS #4500514

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $24,145 $3,310 $27,455 $1,561
2023 $22,600 $3,100 $25,700 $1,504
2022 $20,485 $2,030 $22,515 $1,412
2021 $19,330 $1,915 $21,245 $1,446
2020 $19,797 $1,959 $21,756 $1,371
2019 $19,670 $1,945 $21,615 $1,335
2018 $19,536 $1,929 $21,465 $1,322
2017 $23,185 $1,765 $24,950 $1,525
2016 $22,345 $1,700 $24,045 $1,150
2015 $22,345 $1,700 $24,045 $1,076
2014 $22,780 $1,735 $24,515 $1,045
2013 $23,070 $1,755 $24,825 $1,009
2012 $23,070 $1,755 $24,825 $1,062
2011 $23,070 $1,755 $24,825 $1,027
2010 $24,075 $1,830 $25,905 $1,028
2009 $24,920 $1,895 $26,815 $987
2008 $22,240 $1,690 $23,930 $1,011
2005 $17,315 $1,315 $18,630 $1,019

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,809 sqft
Lot size
9,583 sqft
ZIP code
62286
City
Sparta
Street
Oak St
Coordinates
38.11833, -89.70826

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
$432
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 514 Oak St last sell?
514 Oak St most recently sold on Jan 28, 2022 for $72,000.
What is the current tax assessment for 514 Oak St?
The most recent total assessment for 514 Oak St (year 2024) is $27,455 with $1,561 in property tax.
How does 514 Oak St's assessment compare to its last sale price?
The current assessment is 61.9% below the last sale price of $72,000.
When was 514 Oak St built?
514 Oak St was built in 1950.
How does 514 Oak St compare to others on Oak St?
We track 7 other properties on Oak St. Browse the list under "Other properties on Oak St" to compare beds, baths, and sale history.
What are the property facts for 514 Oak St?
514 Oak St is a 3 bed, 2 bath, 1,809 sqft, 9,583 sqft lot single_family.
Is 514 Oak St a flip candidate?
No — 514 Oak St does not appear in our flips dataset.
Is 514 Oak St a tax-appeal candidate?
No — 514 Oak 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
-0.6%
Implied 1-yr
-2.2%
2026 Q3
$127.5K
2026 Q4
$126.7K
ZIP 62286 — Median Price History + Forecast

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