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2216 Melrose Ave

Ann Arbor, MI 48104

4 bd 4 ba 2,564 sqft Built 1957 Lot 18,295 sqft single_family
Most recent sale
$1,265,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 31, 2024 Listing removed $3,350 MichRic
Jul 13, 2022 Listed $1,295,000 MLS #3287659
Jun 30, 2022 Sold $1,265,000 MLS #3287659
Apr 29, 2022 Listed $1,295,000 MLS #3287659
Jun 4, 2018 Sold $686,000 MLS #3255967
Apr 23, 2018 Listed $695,000 MLS #3255967
Aug 18, 2017 Listing removed $3,350 AnnArbor
Jul 5, 2017 Listed for rent $3,350 AnnArbor
Jan 31, 2015 Listing removed $3,150 AnnArbor
Dec 11, 2014 Listed for rent $3,150 AnnArbor
Sep 9, 2011 Listing removed $519,000 AnnArbor
Aug 11, 2011 Listing removed $575,000 AnnArbor
Aug 10, 2011 Listed $519,000 MLS #3106308
Jun 20, 2011 Price changed $575,000 MLS #3103304
Apr 29, 2011 Listed $599,000 MLS #3103304

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $366,700 $17,401
2020 $344,300 $21,800
2019 $324,500 $20,638
2018 $317,900 $13,740
2017 $310,300 $13,255
2016 $300,200 $10,071
2015 $298,100 $9,737
2014 $278,200 $9,591
2013 $265,900 $9,170
2012 $250,600 $9,079
2011 $230,000 $8,771
2010 $244,400 $8,649
2009 $236,000 $8,629
2008 $253,400 $7,442

Property facts

Year built
1957
Property type
single_family
Stories
Beds
4
Baths
4
Living area
2,564 sqft
Lot size
18,295 sqft
ZIP code
48104
City
Ann Arbor
Street
Melrose Ave
Coordinates
42.26564, -83.71497

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,846
Gross rental yield
3.65%
Implied cap rate
2.37%
Trend-extrapolated value

Frequently asked questions

When did 2216 Melrose Ave last sell?
2216 Melrose Ave most recently sold on Jun 30, 2022 for $1,265,000.
What is the current tax assessment for 2216 Melrose Ave?
The most recent total assessment for 2216 Melrose Ave (year 2021) is $366,700 with $17,401 in property tax.
How does 2216 Melrose Ave's assessment compare to its last sale price?
The current assessment is 71.0% below the last sale price of $1,265,000.
When was 2216 Melrose Ave built?
2216 Melrose Ave was built in 1957.
How does 2216 Melrose Ave compare to others on Melrose Ave?
We track 6 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 2216 Melrose Ave?
2216 Melrose Ave is a 4 bed, 4 bath, 2,564 sqft, 18,295 sqft lot single_family.
Is 2216 Melrose Ave a flip candidate?
No — 2216 Melrose Ave does not appear in our flips dataset.
Is 2216 Melrose Ave a tax-appeal candidate?
No — 2216 Melrose Ave 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
-0.3%
Implied 1-yr
-1.3%
2026 Q3
$612.1K
2026 Q4
$610.2K
ZIP 48104 — Median Price History + Forecast

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