724 Grove Rd
Decatur, IL 62521
5 bd 5 ba 4,193 sqft Built 1997 Lot 49,223 sqft single_family
Most recent sale
$284,500
Aug 18, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 10, 2024 | Sold | $359,500 | MRED |
| May 20, 2024 | Sold | $359,500 | Public Record |
| Apr 13, 2024 | Listing removed | — | CentralIllinois |
| Jan 26, 2024 | Listed | $365,000 | MRED |
| Aug 18, 2021 | Sold | $284,500 | Public Record |
| Jun 23, 2017 | Sold | $289,500 | MRED |
| May 2, 2017 | Listing removed | $289,500 | DecaturIL |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $114,620 | $11,922 | $126,542 | $9,703 |
| 2023 | $106,852 | $11,114 | $117,966 | $9,735 |
| 2022 | $92,440 | $9,760 | $102,200 | $9,019 |
| 2021 | $87,754 | $9,265 | $97,019 | $8,658 |
| 2020 | $84,517 | $8,923 | $93,440 | $8,366 |
| 2019 | $83,680 | $8,835 | $92,515 | $8,349 |
| 2018 | $63,078 | $10,247 | $73,325 | $7,014 |
| 2017 | $64,762 | $10,521 | $75,283 | $6,625 |
| 2016 | $65,423 | $10,628 | $76,051 | $6,761 |
| 2015 | $64,266 | $10,440 | $74,706 | $6,525 |
| 2014 | $63,630 | $10,337 | $73,967 | $6,166 |
| 2013 | $66,020 | $10,725 | $76,745 | $6,325 |
| 2012 | $68,062 | $11,057 | $79,119 | $6,410 |
| 2011 | $69,807 | $11,340 | $81,147 | $6,431 |
| 2009 | $71,765 | $11,691 | $83,456 | $6,629 |
Property facts
Year built
1997
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
4,193 sqft
Lot size
49,223 sqft
ZIP code
62521
City
Decatur
Street
Grove Rd
Coordinates
39.80480, -88.94377
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,707
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 724 Grove Rd last sell?
724 Grove Rd most recently sold on Aug 18, 2021 for $284,500.
What is the current tax assessment for 724 Grove Rd?
The most recent total assessment for 724 Grove Rd (year 2024) is $126,542 with $9,703 in property tax.
How does 724 Grove Rd's assessment compare to its last sale price?
The current assessment is 55.5% below the last sale price of $284,500.
When was 724 Grove Rd built?
724 Grove Rd was built in 1997.
How does 724 Grove Rd compare to others on Grove Rd?
We track 8 other properties on Grove Rd. Browse the list under "Other properties on Grove Rd" to compare beds, baths, and sale history.
What are the property facts for 724 Grove Rd?
724 Grove Rd is a 5 bed, 5 bath, 4,193 sqft, 49,223 sqft lot single_family.
Is 724 Grove Rd a flip candidate?
No — 724 Grove Rd does not appear in our flips dataset.
Is 724 Grove Rd a tax-appeal candidate?
No — 724 Grove Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$185.1K
2026 Q4
$182.1K
ZIP 62521 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Grove Rd