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305 Royal Ave

Belvidere, IL 61008

3 bd 3 ba 1,560 sqft Built 1996 Lot 11,761 sqft single_family
Most recent sale
$264,000
Jan 5, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 8, 2024 Listing removed NorthWestILAlliance
Jan 5, 2024 Sold $264,000 MRED
Nov 10, 2023 Price changed $269,900 MRED
Nov 2, 2023 Listed $280,000 MRED

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $86,254 $7,333 $93,587 $6,976
2024 $86,254 $7,333 $93,587 $6,562
2023 $80,253 $6,667 $86,920 $3,094
2022 $56,618 $6,667 $63,285 $3,206
2021 $54,843 $6,667 $61,510 $3,213
2020 $49,959 $6,667 $56,626 $4,704
2019 $47,740 $6,667 $54,407 $3,494
2018 $45,964 $6,667 $52,631 $3,654
2017 $45,820 $6,777 $52,597 $3,583
2016 $41,081 $6,733 $47,814 $3,672
2015 $31,859 $13,333 $45,192 $3,777
2014 $30,771 $13,333 $44,104 $3,799
2013 $32,160 $13,333 $45,493 $3,825
2012 $34,554 $13,333 $47,887 $3,796
2011 $42,048 $13,776 $55,824 $2,019
2010 $44,190 $15,107 $59,297 $3,991
2008 $46,990 $15,440 $62,430 $3,549
2007 $41,243 $11,036 $52,279 $3,139

Property facts

Year built
1996
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,560 sqft
Lot size
11,761 sqft
ZIP code
61008
City
Belvidere
Street
Royal Ave
Coordinates
42.25635, -88.87575

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,808
Gross rental yield
12.76%
Implied cap rate
8.30%
Trend-extrapolated value

Frequently asked questions

When did 305 Royal Ave last sell?
305 Royal Ave most recently sold on Jan 5, 2024 for $264,000.
What is the current tax assessment for 305 Royal Ave?
The most recent total assessment for 305 Royal Ave (year 2025) is $93,587 with $6,976 in property tax.
How does 305 Royal Ave's assessment compare to its last sale price?
The current assessment is 64.6% below the last sale price of $264,000.
When was 305 Royal Ave built?
305 Royal Ave was built in 1996.
How does 305 Royal Ave compare to others on Royal Ave?
We track 8 other properties on Royal Ave. Browse the list under "Other properties on Royal Ave" to compare beds, baths, and sale history.
What are the property facts for 305 Royal Ave?
305 Royal Ave is a 3 bed, 3 bath, 1,560 sqft, 11,761 sqft lot single_family.
Is 305 Royal Ave a flip candidate?
No — 305 Royal Ave does not appear in our flips dataset.
Is 305 Royal Ave a tax-appeal candidate?
No — 305 Royal Ave 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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