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431 Melrose Dr

Bassett, VA 24055

3 bd 1 ba 1,647 sqft Built 1952 Lot 24,829 sqft single_family
Most recent sale
$107,000
Nov 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 15, 2021 Sold $107,000 MLS #877996
Aug 10, 2021 Listed $110,000 MLS #62999
Aug 9, 2021 Listed $110,000 MLS #135596

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $44,500 $7,000 $51,500 $285
2022 $44,500 $7,000 $51,500 $285
2021 $44,500 $7,000 $51,500 $286
2020 $42,800 $7,000 $49,800 $276
2019 $42,800 $7,000 $49,800 $276
2018 $42,800 $7,000 $49,800 $276
2017 $42,800 $7,000 $49,800 $276
2016 $44,500 $7,000 $51,500 $251
2015 $44,500 $7,000 $51,500 $251
2014 $44,500 $7,000 $51,500 $251

Property facts

Year built
1952
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,647 sqft
Lot size
24,829 sqft
ZIP code
24055
City
Bassett
Street
Melrose Dr
Coordinates
36.73501, -79.93439

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$642
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 431 Melrose Dr last sell?
431 Melrose Dr most recently sold on Nov 15, 2021 for $107,000.
What is the current tax assessment for 431 Melrose Dr?
The most recent total assessment for 431 Melrose Dr (year 2025) is $51,500 with $285 in property tax.
How does 431 Melrose Dr's assessment compare to its last sale price?
The current assessment is 51.9% below the last sale price of $107,000.
When was 431 Melrose Dr built?
431 Melrose Dr was built in 1952.
How does 431 Melrose Dr compare to others on Melrose Dr?
We track 8 other properties on Melrose Dr. Browse the list under "Other properties on Melrose Dr" to compare beds, baths, and sale history.
What are the property facts for 431 Melrose Dr?
431 Melrose Dr is a 3 bed, 1 bath, 1,647 sqft, 24,829 sqft lot single_family.
Is 431 Melrose Dr a flip candidate?
No — 431 Melrose Dr does not appear in our flips dataset.
Is 431 Melrose Dr a tax-appeal candidate?
No — 431 Melrose Dr 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
+3.7%
Implied 1-yr
+14.9%
2026 Q2
$221.1K
2026 Q3
$227.7K
ZIP 24055 — Median Price History + Forecast

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