615 Melendy Ln
Cedar Falls, IA 50613
5 bd 3 ba 2,322 sqft Built 2022 Lot 12,197 sqft single_family
Most recent sale
$62,500
Dec 17, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 20, 2025 | Sold | $480,000 | NorthEastIARegional |
| Sep 30, 2025 | Price changed | $489,900 | NorthEastIARegional |
| Sep 4, 2025 | Listed | $494,900 | NorthEastIARegional |
| Apr 3, 2023 | Sold | $429,900 | NorthEastIARegional |
| Sep 28, 2022 | Listed | $447,748 | MLS #20224587 |
| Dec 17, 2021 | Sold | $62,500 | Public Record |
| Jun 15, 2020 | Price changed | $69,900 | MLS #20190189 |
| Jan 11, 2019 | Listed | $64,900 | MLS #20190189 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $344,050 | $72,900 | $416,950 | $5,966 |
| 2024 | $344,050 | $72,900 | $416,950 | $6,692 |
| 2023 | $365,640 | $72,900 | $438,540 | $238 |
| 2022 | — | $12,860 | $12,860 | $240 |
| 2021 | — | $12,860 | $12,860 | $240 |
| 2020 | — | $12,860 | $12,860 | $234 |
| 2019 | — | $12,860 | $12,860 | $224 |
Property facts
Year built
2022
Property type
single_family
Stories
—
Beds
5
Baths
3
Living area
2,322 sqft
Lot size
12,197 sqft
ZIP code
50613
City
Cedar Falls
Street
Melendy Ln
Coordinates
42.50083, -92.43946
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$375
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 615 Melendy Ln last sell?
615 Melendy Ln most recently sold on Dec 17, 2021 for $62,500.
What is the current tax assessment for 615 Melendy Ln?
The most recent total assessment for 615 Melendy Ln (year 2025) is $416,950 with $5,966 in property tax.
How does 615 Melendy Ln's assessment compare to its last sale price?
The current assessment is 567.1% above the last sale price of $62,500.
When was 615 Melendy Ln built?
615 Melendy Ln was built in 2022.
How does 615 Melendy Ln compare to others on Melendy Ln?
We track 8 other properties on Melendy Ln. Browse the list under "Other properties on Melendy Ln" to compare beds, baths, and sale history.
What are the property facts for 615 Melendy Ln?
615 Melendy Ln is a 5 bed, 3 bath, 2,322 sqft, 12,197 sqft lot single_family.
Is 615 Melendy Ln a flip candidate?
Yes — 615 Melendy Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 615 Melendy Ln a tax-appeal candidate?
No — 615 Melendy Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$449.8K
2026 Q4
$464.2K
ZIP 50613 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melendy Ln