40640 Melrose Ave
Zephyrhills, FL 33540
1 bd 1 ba 576 sqft Built 1991 Lot 52,272 sqft single_family
Most recent sale
$248,000
Aug 31, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 31, 2022 | Sold | $248,000 | MLS #T3388148 |
| Jul 15, 2022 | Listed | $248,000 | MLS #T3388148 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $49,459 | $11,546 | $61,005 | $687 |
| 2021 | $30,631 | $10,305 | $40,936 | $833 |
| 2020 | $29,259 | $10,305 | $39,564 | $805 |
| 2019 | $28,954 | $10,305 | $39,259 | $800 |
| 2018 | $27,630 | $10,305 | $37,935 | $774 |
| 2017 | $25,939 | $10,305 | $36,244 | $758 |
| 2016 | $24,905 | $10,305 | $35,210 | $709 |
| 2015 | $23,635 | $10,305 | $33,940 | $699 |
| 2014 | — | — | $33,171 | $667 |
| 2013 | — | — | $26,679 | $562 |
| 2012 | — | — | $26,627 | $543 |
| 2011 | — | — | $27,398 | $548 |
| 2010 | — | — | $27,565 | $554 |
| 2009 | — | — | $32,182 | $607 |
| 2008 | — | — | $34,078 | $238 |
Property facts
Year built
1991
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
576 sqft
Lot size
52,272 sqft
ZIP code
33540
City
Zephyrhills
Street
Melrose Ave
Coordinates
28.27947, -82.14469
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,066
Gross rental yield
5.16%
Implied cap rate
3.35%
Trend-extrapolated value
—
Frequently asked questions
When did 40640 Melrose Ave last sell?
40640 Melrose Ave most recently sold on Aug 31, 2022 for $248,000.
What is the current tax assessment for 40640 Melrose Ave?
The most recent total assessment for 40640 Melrose Ave (year 2023) is $61,005 with $687 in property tax.
How does 40640 Melrose Ave's assessment compare to its last sale price?
The current assessment is 75.4% below the last sale price of $248,000.
When was 40640 Melrose Ave built?
40640 Melrose Ave was built in 1991.
How does 40640 Melrose Ave compare to others on Melrose Ave?
We track 8 other properties on Melrose Ave. Browse the list under "Other properties on Melrose Ave" to compare beds, baths, and sale history.
What are the property facts for 40640 Melrose Ave?
40640 Melrose Ave is a 1 bed, 1 bath, 576 sqft, 52,272 sqft lot single_family.
Is 40640 Melrose Ave a flip candidate?
No — 40640 Melrose Ave does not appear in our flips dataset.
Is 40640 Melrose Ave a tax-appeal candidate?
No — 40640 Melrose Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.9%
Implied 1-yr
+11.4%
2026 Q3
$308.5K
2026 Q4
$315.9K
ZIP 33540 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose Ave