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1607 Wood St

Decatur, IL 62521

1 bd 1 ba 432 sqft Built 1915 Lot 6,534 sqft single_family
Most recent sale
$43,000
May 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 17, 2022 Sold $43,000 Public Record
May 13, 2022 Sold $13,000 MRED
Apr 20, 2022 Listed $14,500 MLS #6220403

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $3,434 $1,597 $5,031 $454
2023 $3,201 $1,489 $4,690 $450
2022 $2,854 $1,307 $4,161 $432
2019 $2,583 $1,183 $3,766 $169
2018 $1,971 $1,530 $3,501 $167
2017 $2,024 $1,571 $3,595 $166
2016 $2,045 $1,587 $3,632 $168
2015 $2,009 $1,559 $3,568 $162
2014 $1,989 $1,544 $3,533 $152
2013 $2,064 $1,602 $3,666 $149
2012 $2,128 $1,652 $3,780 $148
2011 $2,183 $1,694 $3,877 $144
2009 $2,321 $1,746 $4,067 $361
2007 $2,242 $1,686 $3,928 $335

Property facts

Year built
1915
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
432 sqft
Lot size
6,534 sqft
ZIP code
62521
City
Decatur
Street
Wood St
Coordinates
39.84055, -88.93542

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$258
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1607 Wood St last sell?
1607 Wood St most recently sold on May 17, 2022 for $43,000.
What is the current tax assessment for 1607 Wood St?
The most recent total assessment for 1607 Wood St (year 2024) is $5,031 with $454 in property tax.
How does 1607 Wood St's assessment compare to its last sale price?
The current assessment is 88.3% below the last sale price of $43,000.
When was 1607 Wood St built?
1607 Wood St was built in 1915.
How does 1607 Wood St compare to others on Wood St?
We track 8 other properties on Wood St. Browse the list under "Other properties on Wood St" to compare beds, baths, and sale history.
What are the property facts for 1607 Wood St?
1607 Wood St is a 1 bed, 1 bath, 432 sqft, 6,534 sqft lot single_family.
Is 1607 Wood St a flip candidate?
Yes — 1607 Wood St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1607 Wood St a tax-appeal candidate?
No — 1607 Wood St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$185.1K
2026 Q4
$182.1K
ZIP 62521 — Median Price History + Forecast

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