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1604 Morel Ct

Mahomet, IL 61853

4 bd 4 ba 2,617 sqft Built 2001 Lot 18,295 sqft single_family
Most recent sale
$360,000
Nov 12, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 7, 2025 Sold $470,000 Public Record
Aug 4, 2025 Sold $470,000 MRED
Apr 4, 2025 Listed $470,000 MRED
Mar 12, 2024 Relisted $470,000 MRED
Mar 11, 2024 Listing removed $470,000 MRED
Nov 12, 2021 Sold $360,000 MLS #11197773
Mar 22, 2007 Sold $325,000 Public Record
Jun 10, 2003 Sold $293,500 Public Record
Mar 22, 2002 Sold $281,000 Public Record
Aug 7, 2001 Sold $48,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $136,220 $26,630 $162,850 $11,417
2023 $128,150 $25,050 $153,200 $10,547
2022 $107,370 $20,990 $128,360 $9,793
2021 $101,480 $19,840 $121,320 $9,290
2020 $99,780 $19,510 $119,290 $9,127
2019 $98,210 $19,200 $117,410 $8,901
2018 $96,100 $18,790 $114,890 $8,653
2017 $93,760 $18,330 $112,090 $8,536
2016 $93,760 $18,330 $112,090 $8,493
2015 $86,600 $18,830 $105,430 $8,011
2014 $86,600 $18,830 $105,430 $7,814
2013 $83,640 $18,190 $101,830 $7,678
2012 $83,640 $18,190 $101,830 $7,593
2011 $83,640 $18,190 $101,830 $7,795
2010 $88,040 $19,150 $107,190 $7,750
2009 $88,040 $19,150 $107,190 $7,589
2008 $88,040 $19,150 $107,190 $7,912
2006 $79,860 $17,370 $97,230 $7,325
2005 $79,070 $17,200 $96,270 $7,246

Property facts

Year built
2001
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,617 sqft
Lot size
18,295 sqft
ZIP code
61853
City
Mahomet
Street
Morel Ct
Coordinates
40.17850, -88.41343

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
$2,160
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1604 Morel Ct last sell?
1604 Morel Ct most recently sold on Nov 12, 2021 for $360,000.
What is the current tax assessment for 1604 Morel Ct?
The most recent total assessment for 1604 Morel Ct (year 2024) is $162,850 with $11,417 in property tax.
How does 1604 Morel Ct's assessment compare to its last sale price?
The current assessment is 54.8% below the last sale price of $360,000.
When was 1604 Morel Ct built?
1604 Morel Ct was built in 2001.
How does 1604 Morel Ct compare to others on Morel Ct?
We track 1 other property 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 1604 Morel Ct?
1604 Morel Ct is a 4 bed, 4 bath, 2,617 sqft, 18,295 sqft lot single_family.
Is 1604 Morel Ct a flip candidate?
No — 1604 Morel Ct does not appear in our flips dataset.
Is 1604 Morel Ct a tax-appeal candidate?
No — 1604 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
+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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