4523 Melrose St
Gilbert, AZ 85297
3 bd 2 ba 1,645 sqft Built 2007 Lot 4,950 sqft single_family
Most recent sale
$563,000
Aug 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 11, 2022 | Sold | $563,000 | ArizonaRegionalMLS |
| Mar 31, 2020 | Listing removed | — | RentFeeder |
| Mar 24, 2020 | Listed for rent | $1,700 | RentFeeder |
| Oct 2, 2018 | Listing removed | $315,000 | ArizonaRegionalMLS |
| Oct 1, 2018 | Sold | $310,000 | ArizonaRegionalMLS |
| Aug 17, 2018 | Listed | $315,000 | ArizonaRegionalMLS |
| Mar 20, 2017 | Sold | $265,000 | Public Record |
| Dec 12, 2007 | Sold | $226,021 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2022 | $19,870 | $4,960 | $24,830 | $2,022 |
| 2020 | $18,370 | $4,590 | $22,960 | $2,081 |
| 2019 | $16,490 | $4,120 | $20,610 | $1,721 |
| 2018 | $15,490 | $3,870 | $19,360 | $1,955 |
| 2017 | $14,900 | $3,720 | $18,620 | $1,888 |
| 2016 | $14,420 | $3,600 | $18,020 | $1,628 |
| 2015 | $14,240 | $3,560 | $17,800 | $1,392 |
| 2014 | $11,750 | $2,930 | $14,680 | $1,419 |
| 2012 | $9,490 | $2,370 | $11,860 | $1,265 |
| 2011 | $9,490 | $2,370 | $11,860 | $1,235 |
| 2009 | $14,420 | $3,600 | $18,020 | $1,277 |
| 2008 | — | $11,040 | $11,040 | $829 |
| 2007 | — | $9,520 | $9,520 | $728 |
Property facts
Year built
2007
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,645 sqft
Lot size
4,950 sqft
ZIP code
85297
City
Gilbert
Street
Melrose St
Coordinates
33.28109, -111.69219
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,550
Gross rental yield
5.44%
Implied cap rate
3.53%
Trend-extrapolated value
—
Frequently asked questions
When did 4523 Melrose St last sell?
4523 Melrose St most recently sold on Aug 11, 2022 for $563,000.
What is the current tax assessment for 4523 Melrose St?
The most recent total assessment for 4523 Melrose St (year 2022) is $24,830 with $2,022 in property tax.
How does 4523 Melrose St's assessment compare to its last sale price?
The current assessment is 95.6% below the last sale price of $563,000.
When was 4523 Melrose St built?
4523 Melrose St was built in 2007.
How does 4523 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 4523 Melrose St?
4523 Melrose St is a 3 bed, 2 bath, 1,645 sqft, 4,950 sqft lot single_family.
Is 4523 Melrose St a flip candidate?
No — 4523 Melrose St does not appear in our flips dataset.
Is 4523 Melrose St a tax-appeal candidate?
No — 4523 Melrose St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.0%
Implied 1-yr
-8.1%
2026 Q3
$788.1K
2026 Q4
$769.7K
ZIP 85297 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose St