2307 Melrose Dr
Champaign, IL 61820
2 bd 1 ba 1,097 sqft Built 1976 Lot 2,520 sqft single_family
Most recent sale
$148,000
Mar 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 25, 2022 | Sold | $148,000 | MLS #11292040 |
| Dec 20, 2021 | Listed | $157,000 | MLS #11292040 |
| Dec 27, 2006 | Sold | $98,000 | Public Record |
| Oct 14, 2003 | Sold | $96,000 | Public Record |
| Dec 1, 2000 | Sold | $83,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $46,420 | $7,140 | $53,560 | $3,639 |
| 2023 | $41,370 | $6,360 | $47,730 | $3,379 |
| 2022 | $34,760 | $5,340 | $40,100 | $3,687 |
| 2021 | $34,080 | $5,240 | $39,320 | $3,599 |
| 2020 | $34,080 | $5,240 | $39,320 | $3,605 |
| 2019 | $33,380 | $5,130 | $38,510 | $3,489 |
| 2018 | $32,850 | $5,050 | $37,900 | $3,410 |
| 2017 | $33,870 | $5,210 | $39,080 | $3,531 |
| 2016 | $33,170 | $5,100 | $38,270 | $3,166 |
| 2015 | $32,580 | $5,010 | $37,590 | $3,189 |
| 2014 | $32,580 | $5,010 | $37,590 | $3,162 |
| 2013 | $32,580 | $5,010 | $37,590 | $3,134 |
| 2012 | $33,240 | $5,110 | $38,350 | $3,074 |
| 2011 | $33,240 | $5,110 | $38,350 | $2,945 |
| 2010 | $33,990 | $5,220 | $39,210 | $2,919 |
| 2009 | $33,990 | $5,220 | $39,210 | $2,870 |
| 2008 | $33,990 | $5,220 | $39,210 | $2,861 |
| 2006 | $31,040 | $4,760 | $35,800 | $689 |
| 2005 | $28,530 | $4,370 | $32,900 | $1,879 |
Property facts
Year built
1976
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,097 sqft
Lot size
2,520 sqft
ZIP code
61820
City
Champaign
Street
Melrose Dr
Coordinates
40.08448, -88.25562
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
$888
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2307 Melrose Dr last sell?
2307 Melrose Dr most recently sold on Mar 25, 2022 for $148,000.
What is the current tax assessment for 2307 Melrose Dr?
The most recent total assessment for 2307 Melrose Dr (year 2024) is $53,560 with $3,639 in property tax.
How does 2307 Melrose Dr's assessment compare to its last sale price?
The current assessment is 63.8% below the last sale price of $148,000.
When was 2307 Melrose Dr built?
2307 Melrose Dr was built in 1976.
How does 2307 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 2307 Melrose Dr?
2307 Melrose Dr is a 2 bed, 1 bath, 1,097 sqft, 2,520 sqft lot single_family.
Is 2307 Melrose Dr a flip candidate?
No — 2307 Melrose Dr does not appear in our flips dataset.
Is 2307 Melrose Dr a tax-appeal candidate?
No — 2307 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