270 Melrose Dr
Colona, IL 61241
3 bd 2 ba 1,540 sqft Built 1998 Lot 7,841 sqft single_family
Most recent sale
$165,000
Aug 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 1, 2022 | Sold | $165,000 | Public Record |
| Jul 29, 2022 | Sold | $165,000 | MRED |
| Jun 24, 2022 | Listed | $160,000 | MLS #QC4234509 |
| Oct 26, 2004 | Sold | $114,000 | MRED |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $59,965 | $5,255 | $65,220 | $4,720 |
| 2023 | $55,575 | $4,870 | $60,445 | $4,461 |
| 2022 | $50,523 | $4,427 | $54,950 | $4,116 |
| 2021 | $45,694 | $4,284 | $49,978 | $3,759 |
| 2020 | $43,387 | $4,068 | $47,455 | $3,509 |
| 2019 | $43,707 | $4,098 | $47,805 | $3,500 |
| 2018 | $43,446 | $4,074 | $47,520 | $3,448 |
| 2017 | $44,646 | $4,115 | $48,761 | $3,436 |
| 2016 | $44,073 | $4,062 | $48,135 | $3,369 |
| 2015 | $43,124 | $3,975 | $47,099 | $3,263 |
| 2014 | $42,196 | $3,889 | $46,085 | $3,124 |
| 2013 | $42,196 | $3,889 | $46,085 | $3,112 |
| 2012 | $42,196 | $3,889 | $46,085 | $3,111 |
| 2011 | $43,057 | $3,968 | $47,025 | $3,088 |
| 2010 | $43,057 | $3,968 | $47,025 | $3,062 |
| 2009 | $40,717 | $4,008 | $44,725 | $2,849 |
| 2006 | $39,001 | $3,839 | $42,840 | $2,522 |
Property facts
Year built
1998
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,540 sqft
Lot size
7,841 sqft
ZIP code
61241
City
Colona
Street
Melrose Dr
Coordinates
41.47256, -90.32355
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
$990
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 270 Melrose Dr last sell?
270 Melrose Dr most recently sold on Aug 1, 2022 for $165,000.
What is the current tax assessment for 270 Melrose Dr?
The most recent total assessment for 270 Melrose Dr (year 2024) is $65,220 with $4,720 in property tax.
How does 270 Melrose Dr's assessment compare to its last sale price?
The current assessment is 60.5% below the last sale price of $165,000.
When was 270 Melrose Dr built?
270 Melrose Dr was built in 1998.
How does 270 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 270 Melrose Dr?
270 Melrose Dr is a 3 bed, 2 bath, 1,540 sqft, 7,841 sqft lot single_family.
Is 270 Melrose Dr a flip candidate?
No — 270 Melrose Dr does not appear in our flips dataset.
Is 270 Melrose Dr a tax-appeal candidate?
No — 270 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
+2.5%
Implied 1-yr
+9.9%
2026 Q3
$237.2K
2026 Q4
$242.3K
ZIP 61241 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose Dr