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1305 Morel Ct

Lebanon, IL 62254

6 bd 5 ba 4,400 sqft Built 2007 Lot 18,731 sqft single_family
Most recent sale
$484,500
Dec 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 1, 2022 Listing removed $524,500 MARIS
Dec 15, 2021 Sold $484,500 MLS #21078771
Nov 11, 2021 Price changed $484,500 MLS #21078771
Nov 3, 2021 Listed $498,800 MLS #21078771
Oct 31, 2007 Sold $440,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $129,911 $22,161 $152,072 $11,596
2020 $127,251 $21,707 $148,958 $11,508
2019 $122,972 $20,977 $143,949 $11,244
2018 $119,402 $20,368 $139,770 $10,942
2017 $114,564 $21,125 $135,689 $10,848
2016 $112,627 $20,768 $133,395 $10,777
2015 $109,998 $20,283 $130,281 $10,168
2014 $108,726 $20,048 $128,774 $9,965
2013 $107,058 $19,742 $126,800 $9,686
2012 $108,843 $20,071 $128,914 $9,813
2011 $87,692 $20,903 $108,595 $8,146
2010 $89,418 $21,314 $110,732 $7,980
2009 $89,418 $21,314 $110,732 $7,839
2008 $89,418 $21,314 $110,732 $7,710
2007 $372 $372 $27

Property facts

Year built
2007
Property type
single_family
Stories
2
Beds
6
Baths
5
Living area
4,400 sqft
Lot size
18,731 sqft
ZIP code
62254
City
Lebanon
Street
Morel Ct
Coordinates
38.64104, -89.89443

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
$2,907
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1305 Morel Ct last sell?
1305 Morel Ct most recently sold on Dec 15, 2021 for $484,500.
What is the current tax assessment for 1305 Morel Ct?
The most recent total assessment for 1305 Morel Ct (year 2021) is $152,072 with $11,596 in property tax.
How does 1305 Morel Ct's assessment compare to its last sale price?
The current assessment is 68.6% below the last sale price of $484,500.
When was 1305 Morel Ct built?
1305 Morel Ct was built in 2007.
How does 1305 Morel Ct compare to others on Morel Ct?
We track 4 other properties on Morel Ct. Browse the list under "Other properties on Morel Ct" to compare beds, baths, and sale history.
What are the property facts for 1305 Morel Ct?
1305 Morel Ct is a 6 bed, 5 bath, 4,400 sqft, 18,731 sqft lot single_family.
Is 1305 Morel Ct a flip candidate?
No — 1305 Morel Ct does not appear in our flips dataset.
Is 1305 Morel Ct a tax-appeal candidate?
No — 1305 Morel Ct 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
-4.4%
Implied 1-yr
-17.7%
2026 Q3
$203.7K
2026 Q4
$191.1K
ZIP 62254 — Median Price History + Forecast

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