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1921 Melrose Dr

Champaign, IL 61820

2 bd 1 ba 916 sqft Built 1979 condos
Most recent sale
$74,000
Jun 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2024 Sold $135,500 MRED
Apr 5, 2024 Listed $115,000 MRED
Jun 15, 2021 Sold $74,000 MRED
Jul 3, 2020 Listing removed $69,900 MRED
Jan 19, 2020 Listing removed RentlinxUnits
Dec 6, 2019 Listed for rent $799 RentlinxUnits
Oct 15, 2019 Price changed $69,900 MRED
Jul 26, 2019 Listed $72,500 MRED
Jul 27, 2017 Sold $67,500 MRED
May 15, 2017 Listed $69,900 MRED
May 11, 2017 Listing removed $69,900 MRED
Apr 8, 2017 Price changed $69,900 MRED
Mar 16, 2017 Price changed $75,000 MRED
Feb 16, 2017 Listing removed $79,900 ChampaignArea
Jan 21, 2017 Listed $79,900 MRED
Dec 29, 2016 Listed $79,900 ChampaignArea

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $30,380 $1,410 $31,790 $2,471
2023 $27,080 $1,260 $28,340 $2,327
2022 $22,750 $1,060 $23,810 $2,189
2021 $22,300 $1,040 $23,340 $1,587
2020 $22,300 $1,040 $23,340 $2,139
2019 $21,840 $1,020 $22,860 $2,071
2018 $21,500 $1,000 $22,500 $2,024
2017 $21,500 $1,000 $22,500 $2,033
2016 $22,830 $980 $23,810 $1,969
2015 $22,430 $960 $23,390 $1,984
2014 $22,430 $960 $23,390 $1,967
2013 $22,430 $960 $23,390 $1,949
2012 $22,890 $980 $23,870 $1,913
2011 $22,890 $980 $23,870 $1,833
2010 $23,400 $1,000 $24,400 $1,816
2009 $23,400 $1,000 $24,400 $1,785
2008 $23,400 $1,000 $24,400 $1,780
2006 $21,370 $910 $22,280 $1,637
2005 $19,640 $840 $20,480 $1,545

Property facts

Year built
1979
Property type
condos
Stories
3
Beds
2
Baths
1
Living area
916 sqft
Lot size
ZIP code
61820
City
Champaign
Street
Melrose Dr
Coordinates
40.08637, -88.25237

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
$444
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1921 Melrose Dr last sell?
1921 Melrose Dr most recently sold on Jun 15, 2021 for $74,000.
What is the current tax assessment for 1921 Melrose Dr?
The most recent total assessment for 1921 Melrose Dr (year 2024) is $31,790 with $2,471 in property tax.
How does 1921 Melrose Dr's assessment compare to its last sale price?
The current assessment is 57.0% below the last sale price of $74,000.
When was 1921 Melrose Dr built?
1921 Melrose Dr was built in 1979.
How does 1921 Melrose Dr compare to others on Melrose Dr?
We track 8 other properties on Melrose Dr. Browse the list under "Other properties on Melrose Dr" to compare beds, baths, and sale history.
What are the property facts for 1921 Melrose Dr?
1921 Melrose Dr is a 2 bed, 1 bath, 916 sqft condos.
Is 1921 Melrose Dr a flip candidate?
No — 1921 Melrose Dr does not appear in our flips dataset.
Is 1921 Melrose Dr a tax-appeal candidate?
No — 1921 Melrose 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
+10.0%
Implied 1-yr
+39.8%
2026 Q2
$2.81M
2026 Q3
$2.98M
ZIP 61820 — Median Price History + Forecast

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