1602 Melrose Ct
Decatur, IL 62526
4 bd 3 ba 3,941 sqft Built 1964 Lot 14,375 sqft single_family
Most recent sale
$133,000
Aug 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 17, 2024 | Sold | $169,000 | Public Record |
| Sep 9, 2024 | Sold | $169,000 | MRED |
| Apr 25, 2024 | Listed | $169,000 | MRED |
| Nov 8, 2023 | Listing removed | $149,000 | MRED |
| Oct 18, 2023 | Price changed | $149,000 | MRED |
| Oct 7, 2023 | Price changed | $165,000 | MRED |
| Oct 7, 2023 | Relisted | $165,000 | CentralIllinois |
| Oct 2, 2023 | Listing removed | — | CentralIllinois |
| Aug 24, 2023 | Listed | $169,900 | MRED |
| Aug 24, 2022 | Sold | $133,000 | MLS #11496949 |
| Jul 7, 2022 | Listing removed | — | CentralIllinois |
| Jul 1, 2022 | Price changed | $134,500 | MLS #6221498 |
| Jun 16, 2022 | Listed | $147,000 | MLS #6221498 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $47,813 | $5,254 | $53,067 | $4,208 |
| 2023 | $44,573 | $4,898 | $49,471 | $4,152 |
| 2022 | $35,582 | $4,301 | $39,883 | $3,021 |
| 2021 | $33,778 | $4,083 | $37,861 | $2,763 |
| 2020 | $32,532 | $3,932 | $36,464 | $2,674 |
| 2019 | $32,210 | $3,893 | $36,103 | $2,669 |
| 2018 | $30,778 | $4,729 | $35,507 | $2,575 |
| 2017 | $31,600 | $4,855 | $36,455 | $2,666 |
| 2016 | $31,922 | $4,905 | $36,827 | $3,257 |
| 2015 | $31,358 | $4,818 | $36,176 | $3,084 |
| 2014 | $31,048 | $4,770 | $35,818 | $2,858 |
| 2013 | $32,214 | $4,949 | $37,163 | $2,930 |
| 2012 | $33,210 | $5,102 | $38,312 | $3,010 |
| 2011 | $34,062 | $5,233 | $39,295 | $3,020 |
| 2009 | $35,115 | $5,395 | $40,510 | $3,070 |
| 2007 | $33,918 | $5,211 | $39,129 | $2,908 |
Property facts
Year built
1964
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,941 sqft
Lot size
14,375 sqft
ZIP code
62526
City
Decatur
Street
Melrose Ct
Coordinates
39.86782, -88.98275
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$798
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1602 Melrose Ct last sell?
1602 Melrose Ct most recently sold on Aug 24, 2022 for $133,000.
What is the current tax assessment for 1602 Melrose Ct?
The most recent total assessment for 1602 Melrose Ct (year 2024) is $53,067 with $4,208 in property tax.
How does 1602 Melrose Ct's assessment compare to its last sale price?
The current assessment is 60.1% below the last sale price of $133,000.
When was 1602 Melrose Ct built?
1602 Melrose Ct was built in 1964.
How does 1602 Melrose Ct compare to others on Melrose Ct?
We track 8 other properties on Melrose Ct. Browse the list under "Other properties on Melrose Ct" to compare beds, baths, and sale history.
What are the property facts for 1602 Melrose Ct?
1602 Melrose Ct is a 4 bed, 3 bath, 3,941 sqft, 14,375 sqft lot single_family.
Is 1602 Melrose Ct a flip candidate?
No — 1602 Melrose Ct does not appear in our flips dataset.
Is 1602 Melrose Ct a tax-appeal candidate?
No — 1602 Melrose Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.8%
Implied 1-yr
+19.1%
2026 Q3
$254.9K
2026 Q4
$264.1K
ZIP 62526 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose Ct