2301 Melrose Dr
Champaign, IL 61820
3 bd 2 ba 1,254 sqft Built 1976 Lot 1,628 sqft townhomes
Most recent sale
$135,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 2, 2022 | Sold | $135,000 | MLS #11328292 |
| Mar 17, 2022 | Listed | $129,900 | MLS #11328292 |
| Feb 28, 2021 | Price changed for rent | $1,210 | AppfolioUnits |
| Feb 27, 2021 | Listed for rent | $1,200 | AppfolioUnits |
| May 9, 2018 | Sold | $105,000 | MLS #09844670 |
| Feb 16, 2018 | Price changed | $114,900 | MLS #09844670 |
| Jan 31, 2018 | Listed | $119,900 | MLS #09844670 |
| Dec 12, 2017 | Listing removed | $119,900 | MRED |
| Sep 17, 2017 | Price changed | $119,900 | MLS #09606636 |
| Aug 28, 2017 | Relisted | $124,900 | MLS #09606636 |
| Aug 27, 2017 | Listing removed | $124,900 | MRED |
| May 31, 2017 | Price changed | $124,900 | MLS #09606636 |
| Apr 26, 2017 | Listed | $129,900 | MLS #09606636 |
| Jun 2, 2004 | Sold | $108,500 | Public Record |
| Aug 12, 2002 | Sold | $83,000 | Public Record |
| Nov 4, 1998 | Sold | $70,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $48,610 | $2,840 | $51,450 | $3,998 |
| 2023 | $43,320 | $2,530 | $45,850 | $3,764 |
| 2022 | $36,390 | $2,120 | $38,510 | $2,989 |
| 2021 | $35,680 | $2,080 | $37,760 | $3,456 |
| 2020 | $35,680 | $2,080 | $37,760 | $3,462 |
| 2019 | $34,950 | $2,040 | $36,990 | $3,351 |
| 2018 | $34,400 | $2,010 | $36,410 | $3,276 |
| 2017 | $35,460 | $2,070 | $37,530 | $3,391 |
| 2016 | $34,730 | $2,030 | $36,760 | $3,040 |
| 2015 | $34,120 | $1,990 | $36,110 | $3,063 |
| 2014 | $34,120 | $1,990 | $36,110 | $2,532 |
| 2013 | $34,120 | $1,990 | $36,110 | $2,510 |
| 2012 | $34,820 | $2,030 | $36,850 | $2,473 |
| 2011 | $34,820 | $2,030 | $36,850 | $2,369 |
| 2010 | $35,600 | $2,080 | $37,680 | $2,358 |
| 2009 | $35,600 | $2,080 | $37,680 | $2,318 |
| 2008 | $35,600 | $2,080 | $37,680 | $2,347 |
| 2006 | $32,520 | $1,890 | $34,410 | $2,161 |
| 2005 | $29,890 | $1,740 | $31,630 | $2,009 |
Property facts
Year built
1976
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,254 sqft
Lot size
1,628 sqft
ZIP code
61820
City
Champaign
Street
Melrose Dr
Coordinates
40.08484, -88.25523
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
$810
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2301 Melrose Dr last sell?
2301 Melrose Dr most recently sold on May 2, 2022 for $135,000.
What is the current tax assessment for 2301 Melrose Dr?
The most recent total assessment for 2301 Melrose Dr (year 2024) is $51,450 with $3,998 in property tax.
How does 2301 Melrose Dr's assessment compare to its last sale price?
The current assessment is 61.9% below the last sale price of $135,000.
When was 2301 Melrose Dr built?
2301 Melrose Dr was built in 1976.
How does 2301 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 2301 Melrose Dr?
2301 Melrose Dr is a 3 bed, 2 bath, 1,254 sqft, 1,628 sqft lot townhomes.
Is 2301 Melrose Dr a flip candidate?
No — 2301 Melrose Dr does not appear in our flips dataset.
Is 2301 Melrose Dr a tax-appeal candidate?
No — 2301 Melrose Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+10.0%
Implied 1-yr
+39.8%
2026 Q2
$2.81M
2026 Q3
$2.98M
ZIP 61820 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose Dr