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505 Dorchester Ct

Mahomet, IL 61853

3 bd 2 ba 1,723 sqft Built 1977 Lot 20,038 sqft single_family
Most recent sale
$213,000
Feb 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 4, 2022 Sold $213,000 MLS #11175555
Oct 29, 2021 Price changed $218,000 MLS #11175555
Oct 13, 2021 Relisted $223,000 MLS #11175555
Sep 27, 2021 Listing removed $223,000 MRED
Sep 9, 2021 Price changed $223,000 MLS #11175555
Aug 12, 2021 Listed $225,000 MLS #11175555
Feb 16, 2005 Sold $140,000 Public Record
Oct 8, 2003 Sold $136,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $57,750 $16,240 $73,990 $4,933
2023 $54,330 $15,280 $69,610 $4,533
2022 $45,520 $12,800 $58,320 $4,187
2021 $43,020 $12,100 $55,120 $3,957
2020 $42,300 $11,900 $54,200 $3,883
2019 $41,630 $11,710 $53,340 $3,782
2018 $40,730 $11,460 $52,190 $3,671
2017 $38,790 $10,910 $49,700 $3,516
2016 $38,790 $10,910 $49,700 $3,498
2015 $38,790 $10,910 $49,700 $3,521
2014 $38,790 $10,910 $49,700 $3,347
2013 $37,230 $10,470 $47,700 $3,341
2012 $37,230 $10,470 $47,700 $3,304
2011 $37,230 $10,470 $47,700 $3,212
2010 $37,230 $10,470 $47,700 $3,194
2009 $37,230 $10,470 $47,700 $3,127
2008 $37,230 $10,470 $47,700 $3,224
2006 $36,270 $9,120 $45,390 $3,208
2005 $34,420 $8,650 $43,070 $3,022

Property facts

Year built
1977
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,723 sqft
Lot size
20,038 sqft
ZIP code
61853
City
Mahomet
Street
Dorchester Ct
Coordinates
40.20108, -88.40660

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
$1,278
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 505 Dorchester Ct last sell?
505 Dorchester Ct most recently sold on Feb 4, 2022 for $213,000.
What is the current tax assessment for 505 Dorchester Ct?
The most recent total assessment for 505 Dorchester Ct (year 2024) is $73,990 with $4,933 in property tax.
How does 505 Dorchester Ct's assessment compare to its last sale price?
The current assessment is 65.3% below the last sale price of $213,000.
When was 505 Dorchester Ct built?
505 Dorchester Ct was built in 1977.
How does 505 Dorchester Ct compare to others on Dorchester Ct?
We track 1 other property on Dorchester Ct. Browse the list under "Other properties on Dorchester Ct" to compare beds, baths, and sale history.
What are the property facts for 505 Dorchester Ct?
505 Dorchester Ct is a 3 bed, 2 bath, 1,723 sqft, 20,038 sqft lot single_family.
Is 505 Dorchester Ct a flip candidate?
No — 505 Dorchester Ct does not appear in our flips dataset.
Is 505 Dorchester Ct a tax-appeal candidate?
No — 505 Dorchester 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
+1.8%
Implied 1-yr
+7.2%
2026 Q2
$410.3K
2026 Q3
$417K
ZIP 61853 — Median Price History + Forecast

Explore nearby

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