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2316 Melrose St

Rockford, IL 61103

3 bd 1 ba 1,863 sqft Built 1920 Lot 7,405 sqft single_family
Most recent sale
$128,000
Nov 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 16, 2022 Sold $128,000 Public Record
Nov 11, 2022 Listing removed NorthWestILAlliance
Nov 10, 2022 Sold $128,000 MRED
Oct 4, 2022 Price changed $120,000 MRED
Sep 30, 2022 Listed $130,000 MRED
Apr 27, 2020 Sold $85,833 Public Record
Jan 20, 2020 Listing removed NorthWestILAlliance
Oct 10, 2019 Price changed $89,000 NorthWestILAlliance
Oct 3, 2019 Price changed $91,500 NorthWestILAlliance
Jun 9, 2019 Price changed $94,000 NorthWestILAlliance
Apr 19, 2019 Listed $96,500 NorthWestILAlliance
Nov 5, 2018 Listing removed NorthWestILAlliance
Aug 14, 2018 Price changed $96,500 NorthWestILAlliance
May 15, 2018 Price changed $98,500 NorthWestILAlliance
May 4, 2018 Listed $100,000 NorthWestILAlliance
Aug 11, 2009 Sold $98,100 Public Record
Jun 14, 2009 Listing removed $100,000 NorthWestILAlliance
Jun 3, 2009 Listed $100,000 NorthWestILAlliance
Dec 3, 2004 Sold $86,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $42,479 $5,312 $47,791 $3,689
2023 $38,122 $4,767 $42,889 $3,303
2022 $30,045 $3,757 $33,802 $3,861
2021 $30,215 $3,445 $33,660 $3,390
2020 $28,564 $3,257 $31,821 $3,320
2019 $27,225 $3,104 $30,329 $3,259
2018 $25,658 $2,925 $28,583 $3,222
2017 $24,555 $2,799 $27,354 $3,168
2016 $24,095 $2,747 $26,842 $3,148
2015 $24,095 $2,747 $26,842 $3,188
2014 $22,337 $3,435 $25,772 $2,962
2013 $23,730 $3,649 $27,379 $2,993
2012 $25,167 $3,870 $29,037 $2,972
2011 $26,522 $4,078 $30,600 $3,059
2010 $27,915 $4,292 $32,207 $2,967
2008 $35,367 $4,222 $39,589 $3,563
2007 $32,294 $4,030 $36,324 $3,221
2006 $31,835 $3,740 $35,575 $3,201

Property facts

Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,863 sqft
Lot size
7,405 sqft
ZIP code
61103
City
Rockford
Street
Melrose St
Coordinates
42.29749, -89.07017

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$768
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2316 Melrose St last sell?
2316 Melrose St most recently sold on Nov 16, 2022 for $128,000.
What is the current tax assessment for 2316 Melrose St?
The most recent total assessment for 2316 Melrose St (year 2025) is $47,791 with $3,689 in property tax.
How does 2316 Melrose St's assessment compare to its last sale price?
The current assessment is 62.7% below the last sale price of $128,000.
When was 2316 Melrose St built?
2316 Melrose St was built in 1920.
How does 2316 Melrose St compare to others on Melrose St?
We track 8 other properties on Melrose St. Browse the list under "Other properties on Melrose St" to compare beds, baths, and sale history.
What are the property facts for 2316 Melrose St?
2316 Melrose St is a 3 bed, 1 bath, 1,863 sqft, 7,405 sqft lot single_family.
Is 2316 Melrose St a flip candidate?
No — 2316 Melrose St does not appear in our flips dataset.
Is 2316 Melrose St a tax-appeal candidate?
No — 2316 Melrose 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
-0.2%
Implied 1-yr
-0.8%
2026 Q3
$135.7K
2026 Q4
$135.4K
ZIP 61103 — Median Price History + Forecast

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