506 Oak St
Steeleville, IL 62288
2 bd 1 ba 768 sqft Built 1962 Lot 7,318 sqft single_family
Most recent sale
$88,500
Mar 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 30, 2022 | Sold | $88,500 | Public Record |
| Mar 29, 2022 | Sold | $88,500 | MLS #21084984 |
| Dec 27, 2021 | Price changed | $89,900 | MLS #21084984 |
| Dec 6, 2021 | Listed | $92,000 | MLS #EB442387 |
| Feb 13, 2021 | Listing removed | $93,000 | MARIS |
| Sep 8, 2020 | Listed | $93,000 | MLS #EB436051 |
| Jul 21, 2016 | Sold | $71,500 | MLS #248035 |
| Feb 12, 2016 | Listing removed | $75,000 | SWIllinois |
| Nov 5, 2015 | Price changed | $75,000 | MLS #4401226 |
| Aug 11, 2015 | Relisted | $80,000 | MLS #4401226 |
| May 1, 2015 | Listing removed | $85,000 | SWIllinois |
| Jan 31, 2015 | Listed | $75,000 | MLS #4401226 |
| Oct 1, 2010 | Sold | $83,000 | Public Record |
| Jul 17, 2006 | Sold | $71,500 | Public Record |
| Jul 15, 2006 | Sold | $71,500 | MLS #2517814 |
| Jul 15, 2006 | Listed | $85,000 | MLS #248035 |
| Dec 21, 2005 | Listed | $85,000 | MLS #2517814 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $31,370 | $2,975 | $34,345 | $1,911 |
| 2023 | $29,825 | $2,830 | $32,655 | $1,846 |
| 2022 | $27,870 | $2,645 | $30,515 | $1,827 |
| 2021 | $27,295 | $2,040 | $29,335 | $1,748 |
| 2020 | $23,829 | $1,938 | $25,767 | $1,213 |
| 2019 | $23,672 | $1,925 | $25,597 | $1,198 |
| 2018 | $23,513 | $1,913 | $25,426 | $1,180 |
| 2017 | $23,005 | $1,720 | $24,725 | $1,105 |
| 2016 | $21,220 | $1,725 | $22,945 | $1,144 |
| 2015 | $21,220 | $1,725 | $22,945 | $1,101 |
| 2014 | $22,150 | $1,800 | $23,950 | $1,138 |
| 2013 | $21,345 | $1,735 | $23,080 | $1,093 |
| 2012 | $21,915 | $1,780 | $23,695 | $1,093 |
| 2011 | $21,275 | $1,730 | $23,005 | $1,046 |
| 2010 | $20,130 | $1,700 | $21,830 | $976 |
| 2009 | $20,130 | $1,700 | $21,830 | $973 |
| 2008 | $19,385 | $1,640 | $21,025 | $962 |
| 2005 | $16,935 | $1,435 | $18,370 | $841 |
Property facts
Year built
1962
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
768 sqft
Lot size
7,318 sqft
ZIP code
62288
City
Steeleville
Street
Oak St
Coordinates
38.00941, -89.66544
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$531
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 506 Oak St last sell?
506 Oak St most recently sold on Mar 30, 2022 for $88,500.
What is the current tax assessment for 506 Oak St?
The most recent total assessment for 506 Oak St (year 2024) is $34,345 with $1,911 in property tax.
How does 506 Oak St's assessment compare to its last sale price?
The current assessment is 61.2% below the last sale price of $88,500.
When was 506 Oak St built?
506 Oak St was built in 1962.
How does 506 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 506 Oak St?
506 Oak St is a 2 bed, 1 bath, 768 sqft, 7,318 sqft lot single_family.
Is 506 Oak St a flip candidate?
No — 506 Oak St does not appear in our flips dataset.
Is 506 Oak St a tax-appeal candidate?
No — 506 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