397 Mineral Springs Rd
Melrose, NY 12121
2 bd 1 ba 1,032 sqft Built 1880 Lot 34,412 sqft single_family
Most recent sale
$59,000
Sep 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 8, 2022 | Sold | $59,000 | MLS #202220348 |
| Jul 23, 2022 | Price changed | $69,900 | MLS #202220348 |
| Jun 16, 2022 | Listed | $74,900 | MLS #202220348 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $13,900 | $10,100 | $24,000 | $3,412 |
| 2024 | $13,900 | $10,100 | $24,000 | $3,431 |
| 2023 | $15,800 | $10,100 | $25,900 | $3,504 |
| 2022 | $15,800 | $10,100 | $25,900 | $2,899 |
| 2021 | $15,800 | $10,100 | $25,900 | $3,346 |
| 2020 | $15,800 | $10,100 | $25,900 | $1,939 |
| 2019 | $15,800 | $10,100 | $25,900 | $1,939 |
| 2017 | $15,800 | $10,100 | $25,900 | $2,851 |
| 2016 | $15,800 | $10,100 | $25,900 | $2,808 |
| 2015 | $15,800 | $10,100 | $25,900 | $2,776 |
| 2014 | $15,800 | $10,100 | $25,900 | $2,780 |
| 2013 | $15,800 | $10,100 | $25,900 | $3,230 |
| 2012 | $15,800 | $10,100 | $25,900 | $2,675 |
| 2011 | $15,800 | $10,100 | $25,900 | $2,662 |
| 2010 | $15,800 | $10,100 | $25,900 | $2,562 |
| 2009 | $15,800 | $10,100 | $25,900 | $2,460 |
| 2008 | $15,800 | $10,100 | $25,900 | $1,199 |
| 2007 | $15,800 | $10,100 | $25,900 | $1,198 |
Property facts
Year built
1880
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
1,032 sqft
Lot size
34,412 sqft
ZIP code
12121
City
Melrose
Street
Mineral Springs Rd
Coordinates
42.83125, -73.62118
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$354
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 397 Mineral Springs Rd last sell?
397 Mineral Springs Rd most recently sold on Sep 8, 2022 for $59,000.
What is the current tax assessment for 397 Mineral Springs Rd?
The most recent total assessment for 397 Mineral Springs Rd (year 2025) is $24,000 with $3,412 in property tax.
How does 397 Mineral Springs Rd's assessment compare to its last sale price?
The current assessment is 59.3% below the last sale price of $59,000.
When was 397 Mineral Springs Rd built?
397 Mineral Springs Rd was built in 1880.
How does 397 Mineral Springs Rd compare to others on Mineral Springs Rd?
We track 8 other properties on Mineral Springs Rd. Browse the list under "Other properties on Mineral Springs Rd" to compare beds, baths, and sale history.
What are the property facts for 397 Mineral Springs Rd?
397 Mineral Springs Rd is a 2 bed, 1 bath, 1,032 sqft, 34,412 sqft lot single_family.
Is 397 Mineral Springs Rd a flip candidate?
No — 397 Mineral Springs Rd does not appear in our flips dataset.
Is 397 Mineral Springs Rd a tax-appeal candidate?
No — 397 Mineral Springs Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+9.1%
Implied 1-yr
+36.5%
2025 Q3
$491.9K
2025 Q4
$520.1K
ZIP 12121 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Mineral Springs Rd