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705 Larmon St

Tolono, IL 61880

3 bd 3 ba 1,822 sqft Built 1998 Lot 11,360 sqft single_family
Most recent sale
$250,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $250,000 MLS #11357095
Mar 31, 2022 Listed $249,900 MLS #11357095
Nov 14, 2012 Sold $156,000 Public Record
Oct 13, 2012 Listing removed $159,900 ChampaignArea
Aug 3, 2012 Price changed $159,900 MLS #2122319
Jun 18, 2012 Price changed $169,900 MLS #2122319
May 8, 2012 Listed $172,500 MLS #2122319
Jul 6, 2005 Sold $167,000 Public Record
Jul 24, 1998 Sold $116,000 Public Record
Sep 4, 1997 Sold $20,666 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $74,390 $13,930 $88,320 $4,742
2023 $68,820 $12,890 $81,710 $4,462
2022 $59,390 $11,120 $70,510 $4,212
2021 $56,350 $10,550 $66,900 $4,006
2020 $55,080 $10,310 $65,390 $3,954
2019 $54,320 $10,170 $64,490 $4,219
2018 $54,320 $10,170 $64,490 $4,171
2017 $51,980 $9,730 $61,710 $4,184
2016 $49,690 $9,300 $58,990 $4,056
2015 $42,650 $8,970 $51,620 $3,571
2014 $43,340 $9,120 $52,460 $3,627
2013 $43,340 $9,120 $52,460 $3,553
2012 $43,340 $9,120 $52,460 $3,509
2011 $51,420 $9,350 $60,770 $3,970
2010 $51,420 $9,350 $60,770 $3,900
2009 $51,420 $9,350 $60,770 $3,995
2008 $50,810 $9,240 $60,050 $4,024
2006 $46,790 $8,510 $55,300 $3,836
2005 $44,600 $8,110 $52,710 $3,754

Property facts

Year built
1998
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,822 sqft
Lot size
11,360 sqft
ZIP code
61880
City
Tolono
Street
Larmon St
Coordinates
39.98296, -88.24991

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
$1,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 705 Larmon St last sell?
705 Larmon St most recently sold on May 16, 2022 for $250,000.
What is the current tax assessment for 705 Larmon St?
The most recent total assessment for 705 Larmon St (year 2024) is $88,320 with $4,742 in property tax.
How does 705 Larmon St's assessment compare to its last sale price?
The current assessment is 64.7% below the last sale price of $250,000.
When was 705 Larmon St built?
705 Larmon St was built in 1998.
How does 705 Larmon St compare to others on Larmon St?
We track 8 other properties on Larmon St. Browse the list under "Other properties on Larmon St" to compare beds, baths, and sale history.
What are the property facts for 705 Larmon St?
705 Larmon St is a 3 bed, 3 bath, 1,822 sqft, 11,360 sqft lot single_family.
Is 705 Larmon St a flip candidate?
No — 705 Larmon St does not appear in our flips dataset.
Is 705 Larmon St a tax-appeal candidate?
No — 705 Larmon 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
+3.3%
Implied 1-yr
+13.2%
2026 Q1
$307.6K
2026 Q2
$316K
ZIP 61880 — Median Price History + Forecast

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