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503 Ridge Ave

Steeleville, IL 62288

2 bd 2 ba 2,085 sqft Built 1940 Lot 7,187 sqft single_family
Most recent sale
$125,000
Apr 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 14, 2022 Sold $125,000 Public Record
Apr 10, 2022 Listed $125,000 MLS #22010372
Apr 8, 2022 Sold $125,000 MLS #22010372
Feb 22, 2022 Listed $125,000 MLS #22010372
May 13, 2009 Sold $96,450 MLS #274458
Feb 7, 2009 Listed $99,900 MLS #274458

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $44,180 $3,210 $47,390 $2,286
2023 $42,005 $3,050 $45,055 $2,187
2022 $39,250 $2,850 $42,100 $2,162
2021 $39,115 $2,020 $41,135 $2,093
2020 $37,207 $1,923 $39,130 $2,034
2019 $36,965 $1,910 $38,875 $2,010
2018 $36,713 $1,896 $38,609 $1,981
2017 $32,970 $1,705 $34,675 $1,881
2016 $33,130 $1,715 $34,845 $1,934
2015 $33,130 $1,715 $34,845 $1,874
2014 $34,580 $1,790 $36,370 $1,926
2013 $33,325 $1,725 $35,050 $1,859
2012 $34,215 $1,770 $35,985 $1,852
2011 $33,220 $1,720 $34,940 $1,780
2010 $32,650 $1,690 $34,340 $1,747
2009 $32,650 $1,690 $34,340 $1,742
2008 $31,440 $1,630 $33,070 $1,706
2005 $27,470 $1,425 $28,895 $1,442

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
2,085 sqft
Lot size
7,187 sqft
ZIP code
62288
City
Steeleville
Street
Ridge Ave
Coordinates
38.00429, -89.65778

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
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 503 Ridge Ave last sell?
503 Ridge Ave most recently sold on Apr 14, 2022 for $125,000.
What is the current tax assessment for 503 Ridge Ave?
The most recent total assessment for 503 Ridge Ave (year 2024) is $47,390 with $2,286 in property tax.
How does 503 Ridge Ave's assessment compare to its last sale price?
The current assessment is 62.1% below the last sale price of $125,000.
When was 503 Ridge Ave built?
503 Ridge Ave was built in 1940.
How does 503 Ridge Ave compare to others on Ridge Ave?
We track 8 other properties on Ridge Ave. Browse the list under "Other properties on Ridge Ave" to compare beds, baths, and sale history.
What are the property facts for 503 Ridge Ave?
503 Ridge Ave is a 2 bed, 2 bath, 2,085 sqft, 7,187 sqft lot single_family.
Is 503 Ridge Ave a flip candidate?
No — 503 Ridge Ave does not appear in our flips dataset.
Is 503 Ridge Ave a tax-appeal candidate?
No — 503 Ridge 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
+1.0%
Implied 1-yr
+4.0%
2026 Q1
$199.9K
2026 Q2
$201.2K
ZIP 62288 — Median Price History + Forecast

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