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700 Merrill Dr

Belvidere, IL 61008

4 bd 3 ba 1,720 sqft Built 1994 Lot 7,841 sqft single_family
Most recent sale
$183,000
Dec 10, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 10, 2021 Sold $183,000 MLS #11253318
Oct 22, 2021 Listed $174,900 MLS #202106943
Oct 24, 2014 Sold $119,500 Public Record
Sep 2, 2014 Listing removed $129,900 NorthWestILAlliance
Jun 19, 2014 Listed $129,900 MLS #201404182
Jun 20, 2006 Sold $195,000 Public Record
Jul 7, 2005 Sold $155,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $71,109 $3,559 $74,668 $5,469
2024 $71,109 $3,559 $74,668 $5,617
2023 $67,431 $3,559 $70,990 $5,300
2021 $44,550 $5,457 $50,007 $4,271
2020 $39,560 $5,754 $45,314 $4,053
2019 $36,709 $5,754 $42,463 $3,848
2018 $36,353 $5,754 $42,107 $3,986
2017 $36,228 $6,030 $42,258 $3,846
2016 $35,740 $5,991 $41,731 $3,963
2015 $32,280 $7,719 $39,999 $3,879
2014 $30,985 $7,719 $38,704 $3,180
2013 $30,851 $7,719 $38,570 $3,057
2012 $33,164 $7,719 $40,883 $3,095
2011 $39,361 $7,164 $46,525 $1,609
2010 $51,740 $7,995 $59,735 $4,027
2009 $57,491 $8,020 $65,511 $4,010
2008 $58,814 $8,205 $67,019 $3,769
2007 $40,223 $7,259 $47,482 $3,046

Property facts

Year built
1994
Property type
single_family
Stories
Beds
4
Baths
3
Living area
1,720 sqft
Lot size
7,841 sqft
ZIP code
61008
City
Belvidere
Street
Merrill Dr
Coordinates
42.26127, -88.85900

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
$1,098
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 700 Merrill Dr last sell?
700 Merrill Dr most recently sold on Dec 10, 2021 for $183,000.
What is the current tax assessment for 700 Merrill Dr?
The most recent total assessment for 700 Merrill Dr (year 2025) is $74,668 with $5,469 in property tax.
How does 700 Merrill Dr's assessment compare to its last sale price?
The current assessment is 59.2% below the last sale price of $183,000.
When was 700 Merrill Dr built?
700 Merrill Dr was built in 1994.
How does 700 Merrill Dr compare to others on Merrill Dr?
We track 5 other properties on Merrill Dr. Browse the list under "Other properties on Merrill Dr" to compare beds, baths, and sale history.
What are the property facts for 700 Merrill Dr?
700 Merrill Dr is a 4 bed, 3 bath, 1,720 sqft, 7,841 sqft lot single_family.
Is 700 Merrill Dr a flip candidate?
No — 700 Merrill Dr does not appear in our flips dataset.
Is 700 Merrill Dr a tax-appeal candidate?
No — 700 Merrill 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
-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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