231 Redwood Ln
Decatur, IL 62522
3 bd 2 ba 1,751 sqft Built 1959 Lot 11,761 sqft single_family
Most recent sale
$128,000
Feb 1, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 14, 2025 | Price changed | $154,900 | CentralIllinois |
| Oct 30, 2025 | Price changed | $169,500 | CentralIllinois |
| Oct 7, 2025 | Listed | $174,900 | CentralIllinois |
| Feb 1, 2023 | Sold | $128,000 | Public Record |
| Jan 31, 2023 | Sold | $128,000 | MRED |
| Dec 28, 2022 | Listing removed | — | CentralIllinois |
| Dec 6, 2022 | Price changed | $129,000 | MRED |
| Dec 5, 2022 | Price changed | $129,000 | CentralIllinois |
| Nov 2, 2022 | Listed | $130,000 | MRED |
| Aug 5, 2022 | Sold | $124,000 | MRED |
| Jun 9, 2022 | Listing removed | — | CentralIllinois |
| May 31, 2022 | Price changed | $124,900 | CentralIllinois |
| May 23, 2022 | Listed | $129,900 | CentralIllinois |
| Aug 30, 2018 | Sold | $87,000 | MRED |
| Jul 27, 2018 | Listing removed | — | DecaturIL |
| Jul 26, 2018 | Listing removed | $92,500 | DecaturIL |
| Jun 21, 2018 | Price changed | $92,500 | DecaturIL |
| May 10, 2018 | Price changed | $102,000 | DecaturIL |
| Jan 23, 2018 | Price changed | $104,500 | DecaturIL |
| Jan 22, 2018 | Relisted | $105,000 | DecaturIL |
| Jan 21, 2018 | Listing removed | — | DecaturIL |
| Oct 15, 2017 | Price changed | $105,000 | DecaturIL |
| Sep 22, 2017 | Price changed | $110,000 | DecaturIL |
| Aug 16, 2017 | Listed | $112,800 | DecaturIL |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $43,754 | $6,963 | $50,717 | $3,996 |
| 2023 | $40,789 | $6,491 | $47,280 | $3,941 |
| 2022 | $31,602 | $6,540 | $38,142 | $3,351 |
| 2021 | $30,000 | $6,208 | $36,208 | $3,108 |
| 2020 | $28,893 | $5,979 | $34,872 | $3,149 |
| 2019 | $28,607 | $5,920 | $34,527 | $3,033 |
| 2018 | $24,743 | $7,013 | $31,756 | $2,706 |
| 2017 | $25,403 | $7,200 | $32,603 | $2,786 |
| 2016 | $25,662 | $7,273 | $32,935 | $1,351 |
| 2015 | $25,208 | $7,144 | $32,352 | $1,307 |
| 2014 | $24,958 | $7,073 | $32,031 | $1,225 |
| 2013 | $25,895 | $7,339 | $33,234 | $1,202 |
| 2012 | $26,696 | $7,566 | $34,262 | $1,284 |
| 2011 | $27,380 | $7,760 | $35,140 | $1,250 |
| 2009 | $32,500 | $8,353 | $40,853 | $1,226 |
Property facts
Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,751 sqft
Lot size
11,761 sqft
ZIP code
62522
City
Decatur
Street
Redwood Ln
Coordinates
39.84075, -88.99659
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
$768
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 231 Redwood Ln last sell?
231 Redwood Ln most recently sold on Feb 1, 2023 for $128,000.
What is the current tax assessment for 231 Redwood Ln?
The most recent total assessment for 231 Redwood Ln (year 2024) is $50,717 with $3,996 in property tax.
How does 231 Redwood Ln's assessment compare to its last sale price?
The current assessment is 60.4% below the last sale price of $128,000.
When was 231 Redwood Ln built?
231 Redwood Ln was built in 1959.
How does 231 Redwood Ln compare to others on Redwood Ln?
We track 8 other properties on Redwood Ln. Browse the list under "Other properties on Redwood Ln" to compare beds, baths, and sale history.
What are the property facts for 231 Redwood Ln?
231 Redwood Ln is a 3 bed, 2 bath, 1,751 sqft, 11,761 sqft lot single_family.
Is 231 Redwood Ln a flip candidate?
No — 231 Redwood Ln does not appear in our flips dataset.
Is 231 Redwood Ln a tax-appeal candidate?
No — 231 Redwood Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+7.3%
Implied 1-yr
+29.2%
2026 Q3
$239.4K
2026 Q4
$251.2K
ZIP 62522 — Median Price History + Forecast
Explore nearby
Geography
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