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403 Mill St

Summerfield, IL 62289

4 bd 2 ba 1,758 sqft Built 1984 Lot 19,297 sqft single_family
Most recent sale
$75,000
Mar 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 23, 2022 Sold $75,000 MLS #22009686
Feb 17, 2022 Listed $69,000 MLS #22009686
Dec 8, 2016 Listing removed $85,000 MARIS
Apr 28, 2016 Listed $85,000 MLS #16028731
Feb 24, 1999 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $40,398 $5,698 $46,096 $3,959
2022 $35,785 $5,048 $40,833 $3,638
2021 $34,448 $4,919 $39,367 $3,751
2020 $32,783 $4,681 $37,464 $3,640
2019 $31,290 $4,468 $35,758 $3,519
2018 $30,361 $4,335 $34,696 $3,424
2017 $29,821 $4,587 $34,408 $2,817
2016 $29,248 $4,499 $33,747 $2,771
2015 $29,016 $4,463 $33,479 $2,704
2014 $28,029 $4,311 $32,340 $2,486
2013 $29,077 $4,815 $33,892 $2,563
2012 $29,400 $4,869 $34,269 $2,388
2011 $30,061 $4,979 $35,040 $2,401
2010 $37,254 $1,331 $38,585 $2,654
2009 $37,407 $1,336 $38,743 $2,641
2008 $36,570 $1,306 $37,876 $2,541
2007 $36,599 $1,307 $37,906 $2,540

Property facts

Year built
1984
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,758 sqft
Lot size
19,297 sqft
ZIP code
62289
City
Summerfield
Street
Mill St
Coordinates
38.59938, -89.75442

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
$450
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 403 Mill St last sell?
403 Mill St most recently sold on Mar 23, 2022 for $75,000.
What is the current tax assessment for 403 Mill St?
The most recent total assessment for 403 Mill St (year 2024) is $46,096 with $3,959 in property tax.
How does 403 Mill St's assessment compare to its last sale price?
The current assessment is 38.5% below the last sale price of $75,000.
When was 403 Mill St built?
403 Mill St was built in 1984.
How does 403 Mill St compare to others on Mill St?
We track 5 other properties on Mill St. Browse the list under "Other properties on Mill St" to compare beds, baths, and sale history.
What are the property facts for 403 Mill St?
403 Mill St is a 4 bed, 2 bath, 1,758 sqft, 19,297 sqft lot single_family.
Is 403 Mill St a flip candidate?
No — 403 Mill St does not appear in our flips dataset.
Is 403 Mill St a tax-appeal candidate?
No — 403 Mill 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
-3.0%
Implied 1-yr
-11.9%
2023 Q2
$49.7K
2023 Q3
$47.9K
ZIP 62289 — Median Price History + Forecast

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