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507 South St

Steeleville, IL 62288

2 bd 2 ba 1,310 sqft Lot 10,542 sqft single_family
Most recent sale
$95,000
Jan 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 5, 2022 Sold $95,000 MLS #21031464
Nov 12, 2021 Relisted $105,000 MLS #21031464
Nov 8, 2021 Listing removed $117,000 MARIS
Aug 30, 2021 Price changed $117,000 MLS #21031464
Jun 23, 2021 Price changed $130,000 MLS #21031464
May 21, 2021 Listed $142,000 MLS #21031464

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $31,715 $3,230 $34,945 $1,593
2023 $30,155 $3,070 $33,225 $1,518
2022 $28,180 $2,870 $31,050 $1,500
2021 $31,590 $3,790 $35,380 $422
2020 $30,047 $3,606 $33,653 $435
2019 $29,850 $3,580 $33,430 $433
2018 $29,646 $3,556 $33,202 $430
2017 $26,625 $3,195 $29,820 $465
2016 $26,755 $3,210 $29,965 $447
2015 $26,755 $3,210 $29,965 $460
2014 $27,930 $3,350 $31,280 $449
2013 $26,920 $3,230 $30,150 $453
2012 $27,640 $3,315 $30,955 $499
2011 $26,835 $3,220 $30,055 $497
2010 $26,375 $3,165 $29,540 $499
2009 $26,375 $3,165 $29,540 $497
2008 $25,395 $3,050 $28,445 $527
2005 $22,185 $2,660 $24,845 $337

Property facts

Year built
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,310 sqft
Lot size
10,542 sqft
ZIP code
62288
City
Steeleville
Street
South St
Coordinates
38.00616, -89.66396

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
$570
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 507 South St last sell?
507 South St most recently sold on Jan 5, 2022 for $95,000.
What is the current tax assessment for 507 South St?
The most recent total assessment for 507 South St (year 2024) is $34,945 with $1,593 in property tax.
How does 507 South St's assessment compare to its last sale price?
The current assessment is 63.2% below the last sale price of $95,000.
When was 507 South St built?
The year built for 507 South St is not in our records.
How does 507 South St compare to others on South St?
We track 6 other properties on South St. Browse the list under "Other properties on South St" to compare beds, baths, and sale history.
What are the property facts for 507 South St?
507 South St is a 2 bed, 2 bath, 1,310 sqft, 10,542 sqft lot single_family.
Is 507 South St a flip candidate?
No — 507 South St does not appear in our flips dataset.
Is 507 South St a tax-appeal candidate?
No — 507 South 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
+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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