501 Oak St
Steeleville, IL 62288
3 bd 1 ba 1,144 sqft Built 1961 Lot 8,276 sqft single_family
Most recent sale
$85,000
Sep 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 22, 2025 | Sold | $98,000 | MARIS |
| Jun 4, 2025 | Listed | $122,500 | MARIS |
| Sep 13, 2022 | Sold | $85,000 | MLS #22040406 |
| Jul 22, 2022 | Price changed | $89,500 | MLS #22040406 |
| Jun 21, 2022 | Listed | $98,500 | MLS #22040406 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $30,730 | $3,100 | $33,830 | $1,531 |
| 2023 | $29,215 | $2,945 | $32,160 | $1,552 |
| 2022 | $27,300 | $2,755 | $30,055 | $534 |
| 2021 | $26,735 | $2,175 | $28,910 | $476 |
| 2020 | $25,430 | $2,069 | $27,499 | $491 |
| 2019 | $25,265 | $2,055 | $27,320 | $489 |
| 2018 | $25,093 | $2,040 | $27,133 | $486 |
| 2017 | $22,535 | $1,830 | $24,365 | $524 |
| 2016 | $22,645 | $1,835 | $24,480 | $505 |
| 2015 | $22,645 | $1,835 | $24,480 | $519 |
| 2014 | $23,640 | $1,915 | $25,555 | $507 |
| 2013 | $22,785 | $1,845 | $24,630 | $511 |
| 2012 | $23,395 | $1,895 | $25,290 | $556 |
| 2011 | $22,715 | $1,840 | $24,555 | $553 |
| 2010 | $22,325 | $1,810 | $24,135 | $555 |
| 2009 | $22,325 | $1,810 | $24,135 | $553 |
| 2008 | $21,500 | $1,745 | $23,245 | $583 |
| 2005 | $18,785 | $1,525 | $20,310 | $772 |
Property facts
Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,144 sqft
Lot size
8,276 sqft
ZIP code
62288
City
Steeleville
Street
Oak St
Coordinates
38.00908, -89.66603
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
$510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 501 Oak St last sell?
501 Oak St most recently sold on Sep 13, 2022 for $85,000.
What is the current tax assessment for 501 Oak St?
The most recent total assessment for 501 Oak St (year 2024) is $33,830 with $1,531 in property tax.
How does 501 Oak St's assessment compare to its last sale price?
The current assessment is 60.2% below the last sale price of $85,000.
When was 501 Oak St built?
501 Oak St was built in 1961.
How does 501 Oak St compare to others on Oak St?
We track 2 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 501 Oak St?
501 Oak St is a 3 bed, 1 bath, 1,144 sqft, 8,276 sqft lot single_family.
Is 501 Oak St a flip candidate?
No — 501 Oak St does not appear in our flips dataset.
Is 501 Oak St a tax-appeal candidate?
No — 501 Oak St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.0%
Implied 1-yr
+4.0%
2026 Q1
$199.9K
2026 Q2
$201.2K
ZIP 62288 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Oak St