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12 Melwood Dr

Belleville, IL 62223

4 bd 4 ba 1,432 sqft Built 1962 Lot 14,375 sqft single_family
Most recent sale
$286,000
Apr 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 12, 2024 Sold $286,000 MARIS
Mar 1, 2024 Listed $289,900 MARIS
Dec 12, 2023 Sold $223,000 Public Record
Apr 28, 2021 Sold $175,000 Public Record
Apr 27, 2021 Listed $169,900 MARIS
Apr 26, 2021 Sold $175,000 MARIS
Jan 4, 2021 Listed $169,900 MARIS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $70,129 $10,678 $80,807 $4,393
2021 $55,043 $8,712 $63,755 $2,739
2020 $52,713 $8,343 $61,056 $5,350
2019 $54,742 $8,251 $62,993 $5,538
2018 $53,558 $8,073 $61,631 $5,561
2017 $54,187 $8,168 $62,355 $5,678
2016 $53,182 $8,016 $61,198 $5,544
2015 $53,379 $8,060 $61,439 $5,398
2014 $53,940 $8,145 $62,085 $4,965
2013 $54,711 $8,261 $62,972 $4,801
2012 $56,625 $8,550 $65,175 $4,933
2011 $58,256 $8,796 $67,052 $4,968
2010 $59,318 $8,956 $68,274 $4,985
2009 $66,091 $7,347 $73,438 $5,341
2008 $64,611 $7,183 $71,794 $4,792
2007 $61,829 $6,874 $68,703 $4,856

Property facts

Year built
1962
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
1,432 sqft
Lot size
14,375 sqft
ZIP code
62223
City
Belleville
Street
Melwood Dr
Coordinates
38.55487, -90.04456

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,578
Gross rental yield
10.82%
Implied cap rate
7.03%
Trend-extrapolated value

Frequently asked questions

When did 12 Melwood Dr last sell?
12 Melwood Dr most recently sold on Apr 12, 2024 for $286,000.
What is the current tax assessment for 12 Melwood Dr?
The most recent total assessment for 12 Melwood Dr (year 2024) is $80,807 with $4,393 in property tax.
How does 12 Melwood Dr's assessment compare to its last sale price?
The current assessment is 71.7% below the last sale price of $286,000.
When was 12 Melwood Dr built?
12 Melwood Dr was built in 1962.
How does 12 Melwood Dr compare to others on Melwood Dr?
We track 2 other properties on Melwood Dr. Browse the list under "Other properties on Melwood Dr" to compare beds, baths, and sale history.
What are the property facts for 12 Melwood Dr?
12 Melwood Dr is a 4 bed, 4 bath, 1,432 sqft, 14,375 sqft lot single_family.
Is 12 Melwood Dr a flip candidate?
Yes — 12 Melwood Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 12 Melwood Dr a tax-appeal candidate?
No — 12 Melwood Dr 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
+4.4%
Implied 1-yr
+17.5%
2026 Q3
$276.3K
2026 Q4
$285.7K
ZIP 62223 — Median Price History + Forecast

Explore nearby

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