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11496 Melody Ln

Portland, OR 97229

4 bd 3 ba 2,514 sqft Built 2017 Lot 4,356 sqft single_family
Most recent sale
$802,000
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $802,000 MLS #22603613
Jul 16, 2022 Listed $799,900 MLS #22603613
Jun 27, 2017 Sold $577,525 MLS #17099573
Apr 3, 2017 Listed $574,995 MLS #17099573

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $377,620 $6,800
2019 $366,630 $6,585
2018 $355,960 $6,370
2017 $160,440 $2,820

Property facts

Year built
2017
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,514 sqft
Lot size
4,356 sqft
ZIP code
97229
City
Portland
Street
Melody Ln
Coordinates
45.53511, -122.79504

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
$5,028
Gross rental yield
7.52%
Implied cap rate
4.89%
Trend-extrapolated value

Frequently asked questions

When did 11496 Melody Ln last sell?
11496 Melody Ln most recently sold on Aug 22, 2022 for $802,000.
What is the current tax assessment for 11496 Melody Ln?
The most recent total assessment for 11496 Melody Ln (year 2020) is $377,620 with $6,800 in property tax.
How does 11496 Melody Ln's assessment compare to its last sale price?
The current assessment is 52.9% below the last sale price of $802,000.
When was 11496 Melody Ln built?
11496 Melody Ln was built in 2017.
How does 11496 Melody Ln compare to others on Melody Ln?
We track 6 other properties on Melody Ln. Browse the list under "Other properties on Melody Ln" to compare beds, baths, and sale history.
What are the property facts for 11496 Melody Ln?
11496 Melody Ln is a 4 bed, 3 bath, 2,514 sqft, 4,356 sqft lot single_family.
Is 11496 Melody Ln a flip candidate?
No — 11496 Melody Ln does not appear in our flips dataset.
Is 11496 Melody Ln a tax-appeal candidate?
No — 11496 Melody Ln 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
-3.4%
Implied 1-yr
-13.4%
2026 Q3
$717K
2026 Q4
$686.2K
ZIP 97229 — Median Price History + Forecast

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