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20240 Melvin St

Livonia, MI 48152

4 bd 3 ba 2,150 sqft Built 2011 Lot 16,335 sqft single_family
Most recent sale
$420,000
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 10, 2022 Sold $420,000 MLS #3287033
Apr 5, 2022 Listed $369,900 MLS #3287033
Nov 2, 2017 Sold $289,900 Public Record
Sep 29, 2017 Listing removed $289,900 Realcomp
Sep 17, 2017 Listed $289,900 MLS #217084092
Feb 21, 2012 Sold $180,000 Public Record
Dec 13, 2011 Listing removed $189,900 Realcomp
Sep 9, 2011 Listing removed $29,900 Realcomp
Sep 9, 2011 Price changed $189,900 MLS #211075569
Aug 9, 2011 Price changed $169,900 MLS #211075569
Jul 13, 2011 Listed $29,900 MLS #211075571

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $220,500 $4,105
2024 $220,500 $6,988
2023 $182,200 $6,762
2022 $162,300 $5,867
2021 $155,800 $3,275
2020 $152,600 $5,655
2019 $148,100 $5,564
2018 $141,500 $5,339
2017 $131,400 $3,706
2016 $123,270 $3,681
2015 $106,520 $3,768
2014 $98,650 $3,626
2013 $92,650 $5,448
2012 $55,440 $3,098

Property facts

Year built
2011
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,150 sqft
Lot size
16,335 sqft
ZIP code
48152
City
Livonia
Street
Melvin St
Coordinates
42.43706, -83.34193

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,225
Gross rental yield
9.21%
Implied cap rate
5.99%
Trend-extrapolated value

Frequently asked questions

When did 20240 Melvin St last sell?
20240 Melvin St most recently sold on May 10, 2022 for $420,000.
What is the current tax assessment for 20240 Melvin St?
The most recent total assessment for 20240 Melvin St (year 2025) is $220,500 with $4,105 in property tax.
How does 20240 Melvin St's assessment compare to its last sale price?
The current assessment is 47.5% below the last sale price of $420,000.
When was 20240 Melvin St built?
20240 Melvin St was built in 2011.
How does 20240 Melvin St compare to others on Melvin St?
We track 8 other properties on Melvin St. Browse the list under "Other properties on Melvin St" to compare beds, baths, and sale history.
What are the property facts for 20240 Melvin St?
20240 Melvin St is a 4 bed, 3 bath, 2,150 sqft, 16,335 sqft lot single_family.
Is 20240 Melvin St a flip candidate?
No — 20240 Melvin St does not appear in our flips dataset.
Is 20240 Melvin St a tax-appeal candidate?
No — 20240 Melvin St 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
0.0%
Implied 1-yr
-0.1%
2026 Q3
$264.9K
2026 Q4
$264.9K
ZIP 48152 — Median Price History + Forecast

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