1948 Derby Ln
Belvidere, IL 61008
3 bd 2 ba 1,609 sqft Built 2006 condos
Most recent sale
$161,100
Apr 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 25, 2022 | Sold | $161,100 | Public Record |
| Apr 21, 2022 | Sold | $161,100 | MLS #11336792 |
| Mar 2, 2022 | Listed | $160,000 | MLS #11336792 |
| May 16, 2006 | Sold | $182,803 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $51,617 | $2,083 | $53,700 | $3,901 |
| 2024 | $51,617 | $2,083 | $53,700 | $3,927 |
| 2023 | $48,333 | $2,083 | $50,416 | $3,621 |
| 2022 | $37,250 | $2,083 | $39,333 | $3,287 |
| 2021 | $36,583 | $2,083 | $38,666 | $3,235 |
| 2020 | $35,417 | $2,083 | $37,500 | $3,306 |
| 2019 | $32,917 | $2,083 | $35,000 | $3,121 |
| 2018 | $32,917 | $2,083 | $35,000 | $3,259 |
| 2017 | $28,458 | $2,094 | $30,552 | $2,676 |
| 2016 | $27,810 | $2,083 | $29,893 | $2,723 |
| 2015 | $27,810 | $2,083 | $29,893 | $2,815 |
| 2014 | $27,597 | $2,083 | $29,680 | $2,814 |
| 2013 | $29,049 | $2,083 | $31,132 | $2,881 |
| 2012 | $36,312 | $2,083 | $38,395 | $3,351 |
| 2011 | $39,450 | $2,166 | $41,616 | $1,596 |
| 2010 | $42,096 | $6,667 | $48,763 | $3,514 |
| 2009 | $46,958 | $6,517 | $53,475 | $3,484 |
| 2008 | $48,039 | $6,667 | $54,706 | $3,566 |
| 2007 | $34,548 | $5,765 | $40,313 | $2,748 |
Property facts
Year built
2006
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,609 sqft
Lot size
—
ZIP code
61008
City
Belvidere
Street
Derby Ln
Coordinates
42.24898, -88.81978
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$967
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1948 Derby Ln last sell?
1948 Derby Ln most recently sold on Apr 25, 2022 for $161,100.
What is the current tax assessment for 1948 Derby Ln?
The most recent total assessment for 1948 Derby Ln (year 2025) is $53,700 with $3,901 in property tax.
How does 1948 Derby Ln's assessment compare to its last sale price?
The current assessment is 66.7% below the last sale price of $161,100.
When was 1948 Derby Ln built?
1948 Derby Ln was built in 2006.
How does 1948 Derby Ln compare to others on Derby Ln?
We track 8 other properties on Derby Ln. Browse the list under "Other properties on Derby Ln" to compare beds, baths, and sale history.
What are the property facts for 1948 Derby Ln?
1948 Derby Ln is a 3 bed, 2 bath, 1,609 sqft condos.
Is 1948 Derby Ln a flip candidate?
No — 1948 Derby Ln does not appear in our flips dataset.
Is 1948 Derby Ln a tax-appeal candidate?
No — 1948 Derby Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.3%
2026 Q3
$173.1K
2026 Q4
$170.1K
ZIP 61008 — Median Price History + Forecast
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Geography
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