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3978 Melton Ave

New Franklin, OH 44319

3 bd 1 ba 1,102 sqft Built 1931 Lot 12,084 sqft single_family
Most recent sale
$185,000
Apr 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 15, 2022 Sold $185,000 MLS #4349168
Feb 22, 2022 Listed $180,000 MLS #4349168
Aug 31, 2020 Sold $76,500 MLS #4197274
Dec 7, 1989 Sold $50,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $43,859 $10,325 $54,184 $2,881
2024 $43,859 $10,325 $54,184 $2,773
2023 $43,859 $10,325 $54,184 $2,693
2022 $29,974 $7,942 $37,916 $2,207
2021 $29,974 $7,942 $37,916 $2,210
2020 $29,974 $7,942 $37,916 $2,187
2019 $40,663 $7,623 $48,286 $2,970
2018 $40,663 $7,623 $48,286 $2,937
2017 $40,663 $7,623 $48,286 $2,944
2016 $32,386 $7,623 $40,009 $2,608
2015 $32,386 $7,623 $40,009 $2,646
2014 $32,386 $7,623 $40,009 $2,652
2013 $32,386 $7,623 $40,009 $2,612
2012 $32,386 $7,623 $40,009 $2,408
2011 $32,386 $7,623 $40,009 $2,402
2010 $35,984 $7,942 $43,926 $2,492
2009 $35,984 $7,942 $43,926 $2,241
2008 $35,984 $7,942 $43,926 $2,232
2007 $22,523 $6,871 $29,394 $1,432

Property facts

Year built
1931
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,102 sqft
Lot size
12,084 sqft
ZIP code
44319
City
New Franklin
Street
Melton Ave
Coordinates
40.98574, -81.54088

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
$1,653
Gross rental yield
10.72%
Implied cap rate
6.97%
Trend-extrapolated value

Frequently asked questions

When did 3978 Melton Ave last sell?
3978 Melton Ave most recently sold on Apr 15, 2022 for $185,000.
What is the current tax assessment for 3978 Melton Ave?
The most recent total assessment for 3978 Melton Ave (year 2025) is $54,184 with $2,881 in property tax.
How does 3978 Melton Ave's assessment compare to its last sale price?
The current assessment is 70.7% below the last sale price of $185,000.
When was 3978 Melton Ave built?
3978 Melton Ave was built in 1931.
How does 3978 Melton Ave compare to others on Melton Ave?
We track 8 other properties on Melton Ave. Browse the list under "Other properties on Melton Ave" to compare beds, baths, and sale history.
What are the property facts for 3978 Melton Ave?
3978 Melton Ave is a 3 bed, 1 bath, 1,102 sqft, 12,084 sqft lot single_family.
Is 3978 Melton Ave a flip candidate?
Yes — 3978 Melton Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3978 Melton Ave a tax-appeal candidate?
No — 3978 Melton 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
+1.9%
Implied 1-yr
+7.6%
2026 Q3
$347.5K
2026 Q4
$353.4K
ZIP 44319 — Median Price History + Forecast

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