405 Melvin Ave
Annapolis, MD 21401
1 bd 1 ba 816 sqft Built 1920 Lot 7,500 sqft single_family
Most recent sale
$450,000
Oct 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 11, 2022 | Sold | $450,000 | MLS #MDAA2024532 |
| Jun 6, 2022 | Price changed | $465,000 | MLS #MDAA2024532 |
| Apr 29, 2022 | Price changed | $515,000 | MLS #MDAA2024532 |
| Mar 21, 2022 | Price changed | $565,000 | MLS #MDAA2024532 |
| Feb 21, 2022 | Listed | $600,000 | MLS #MDAA2024532 |
| Apr 16, 1985 | Sold | $30,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $534,133 | $3,137 |
| 2024 | — | — | $534,133 | $7,379 |
| 2023 | $63,200 | $429,800 | $493,000 | $7,079 |
| 2022 | — | — | $478,567 | $6,743 |
| 2021 | — | — | $464,133 | $6,540 |
| 2020 | $59,900 | $389,800 | $449,700 | $6,341 |
| 2019 | — | — | $429,267 | $6,057 |
| 2018 | — | — | $408,833 | $5,687 |
| 2017 | $61,200 | $327,200 | $388,400 | $5,069 |
| 2016 | — | — | $373,967 | $4,895 |
| 2015 | — | — | $359,533 | $4,721 |
| 2014 | $57,900 | $287,200 | $345,100 | $4,593 |
| 2013 | — | — | $345,100 | $4,542 |
| 2012 | — | — | $345,100 | $5,164 |
| 2011 | — | — | $425,030 | $4,960 |
| 2010 | — | — | $425,030 | $4,952 |
| 2009 | — | — | $425,030 | $6,122 |
| 2008 | — | — | $522,380 | $6,122 |
Property facts
Year built
1920
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
816 sqft
Lot size
7,500 sqft
ZIP code
21401
City
Annapolis
Street
Melvin Ave
Coordinates
38.99229, -76.50213
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
$2,700
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 405 Melvin Ave last sell?
405 Melvin Ave most recently sold on Oct 11, 2022 for $450,000.
What is the current tax assessment for 405 Melvin Ave?
The most recent total assessment for 405 Melvin Ave (year 2025) is $534,133 with $3,137 in property tax.
How does 405 Melvin Ave's assessment compare to its last sale price?
The current assessment is 18.7% above the last sale price of $450,000.
When was 405 Melvin Ave built?
405 Melvin Ave was built in 1920.
How does 405 Melvin Ave compare to others on Melvin Ave?
We track 8 other properties on Melvin Ave. Browse the list under "Other properties on Melvin Ave" to compare beds, baths, and sale history.
What are the property facts for 405 Melvin Ave?
405 Melvin Ave is a 1 bed, 1 bath, 816 sqft, 7,500 sqft lot single_family.
Is 405 Melvin Ave a flip candidate?
No — 405 Melvin Ave does not appear in our flips dataset.
Is 405 Melvin Ave a tax-appeal candidate?
Yes — 405 Melvin Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.2%
Implied 1-yr
-0.8%
2026 Q3
$867.5K
2026 Q4
$865.8K
ZIP 21401 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melvin Ave