5130 Melwood Ct
Decatur, IL 62521
3 bd 3 ba 2,128 sqft Built 1979 Lot 6,970 sqft single_family
Most recent sale
$164,897
Oct 18, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 18, 2022 | Sold | $164,897 | MLS #11493619 |
| Aug 30, 2022 | Listed | $164,897 | MLS #11493619 |
| Aug 26, 2022 | Relisted | $164,897 | MLS #6222145 |
| Jul 20, 2022 | Listed | $164,897 | MLS #6222145 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $42,002 | $9,340 | $51,342 | $4,872 |
| 2023 | $39,446 | $9,035 | $48,481 | $4,640 |
| 2022 | $33,903 | $7,765 | $41,668 | $3,299 |
| 2021 | $32,671 | $7,483 | $40,154 | $2,757 |
| 2020 | $31,846 | $7,294 | $39,140 | $2,917 |
| 2019 | $31,225 | $7,152 | $38,377 | $2,845 |
| 2018 | $30,541 | $6,995 | $37,536 | $2,809 |
| 2017 | $30,164 | $6,909 | $37,073 | $2,813 |
| 2016 | $30,146 | $6,905 | $37,051 | $2,816 |
| 2015 | $29,759 | $6,816 | $36,575 | $3,196 |
| 2014 | $29,759 | $6,816 | $36,575 | $2,997 |
| 2013 | $29,759 | $6,816 | $36,575 | $2,938 |
| 2012 | $29,759 | $6,816 | $36,575 | $2,914 |
| 2011 | $30,522 | $6,991 | $37,513 | $2,929 |
| 2009 | $31,141 | $7,133 | $38,274 | $2,947 |
| 2007 | $29,216 | $7,348 | $36,564 | $2,772 |
Property facts
Year built
1979
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,128 sqft
Lot size
6,970 sqft
ZIP code
62521
City
Decatur
Street
Melwood Ct
Coordinates
39.84905, -88.87612
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$989
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5130 Melwood Ct last sell?
5130 Melwood Ct most recently sold on Oct 18, 2022 for $164,897.
What is the current tax assessment for 5130 Melwood Ct?
The most recent total assessment for 5130 Melwood Ct (year 2024) is $51,342 with $4,872 in property tax.
How does 5130 Melwood Ct's assessment compare to its last sale price?
The current assessment is 68.9% below the last sale price of $164,897.
When was 5130 Melwood Ct built?
5130 Melwood Ct was built in 1979.
How does 5130 Melwood Ct compare to others on Melwood Ct?
We track 5 other properties on Melwood Ct. Browse the list under "Other properties on Melwood Ct" to compare beds, baths, and sale history.
What are the property facts for 5130 Melwood Ct?
5130 Melwood Ct is a 3 bed, 3 bath, 2,128 sqft, 6,970 sqft lot single_family.
Is 5130 Melwood Ct a flip candidate?
No — 5130 Melwood Ct does not appear in our flips dataset.
Is 5130 Melwood Ct a tax-appeal candidate?
No — 5130 Melwood 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
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$185.1K
2026 Q4
$182.1K
ZIP 62521 — Median Price History + Forecast
Explore nearby
Geography
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