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1706 Melrose Dr

Murray, KY 42071

4 bd 2 ba 2,167 sqft Lot 12,197 sqft single_family
Most recent sale
$313,000
Apr 8, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2024 Sold $313,000 Public Record
Apr 6, 2024 Listing removed WesternKentucky
Feb 5, 2024 Listed $317,900 WesternKentucky
Nov 15, 2023 Listing removed WesternKentucky
Sep 25, 2023 Price changed $319,900 WesternKentucky
Aug 15, 2023 Listed $324,900 WesternKentucky
Jul 1, 2001 Sold $115,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $165,000 $637
2020 $165,000 $632
2019 $165,000 $600
2018 $165,000 $594
2017 $165,000 $595
2016 $165,000 $597
2015 $165,000 $605
2014 $165,000 $1,669
2012 $125,000 $1,643
2011 $125,000 $421
2009 $125,000 $410
2007 $115,000 $1,439

Property facts

Year built
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,167 sqft
Lot size
12,197 sqft
ZIP code
42071
City
Murray
Street
Melrose Dr
Coordinates
36.59296, -88.33088

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
$3,251
Gross rental yield
12.46%
Implied cap rate
8.10%
Trend-extrapolated value

Frequently asked questions

When did 1706 Melrose Dr last sell?
1706 Melrose Dr most recently sold on Apr 8, 2024 for $313,000.
What is the current tax assessment for 1706 Melrose Dr?
The most recent total assessment for 1706 Melrose Dr (year 2021) is $165,000 with $637 in property tax.
How does 1706 Melrose Dr's assessment compare to its last sale price?
The current assessment is 47.3% below the last sale price of $313,000.
When was 1706 Melrose Dr built?
The year built for 1706 Melrose Dr is not in our records.
How does 1706 Melrose Dr compare to others on Melrose Dr?
We track 8 other properties on Melrose Dr. Browse the list under "Other properties on Melrose Dr" to compare beds, baths, and sale history.
What are the property facts for 1706 Melrose Dr?
1706 Melrose Dr is a 4 bed, 2 bath, 2,167 sqft, 12,197 sqft lot single_family.
Is 1706 Melrose Dr a flip candidate?
No — 1706 Melrose Dr does not appear in our flips dataset.
Is 1706 Melrose Dr a tax-appeal candidate?
No — 1706 Melrose Dr 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
+5.6%
Implied 1-yr
+22.4%
2026 Q3
$404.7K
2026 Q4
$404.7K
ZIP 42071 — Median Price History + Forecast

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