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1318 Melbourne St

Westport, WA 98595

3 bd 2 ba 1,496 sqft Built 2021 Lot 9,000 sqft single_family
Most recent sale
$380,000
Feb 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 28, 2022 Sold $380,000 MLS #1843449
Oct 16, 2021 Price changed $380,000 MLS #1843449
Sep 23, 2021 Listed $400,000 MLS #1843449
May 14, 2021 Sold $59,500 MLS #1749789
Mar 30, 2021 Listed $59,500 MLS #1749789

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $302,418 $53,770 $356,188 $3,020
2025 $270,462 $53,770 $324,232 $2,759
2024 $249,158 $48,887 $298,045 $2,665
2023 $249,158 $48,887 $298,045 $2,823
2022 $28,875 $28,875 $332

Property facts

Year built
2021
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,496 sqft
Lot size
9,000 sqft
ZIP code
98595
City
Westport
Street
Melbourne St
Coordinates
46.87476, -124.10887

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
$3,441
Gross rental yield
10.87%
Implied cap rate
7.06%
Trend-extrapolated value

Frequently asked questions

When did 1318 Melbourne St last sell?
1318 Melbourne St most recently sold on Feb 28, 2022 for $380,000.
What is the current tax assessment for 1318 Melbourne St?
The most recent total assessment for 1318 Melbourne St (year 2026) is $356,188 with $3,020 in property tax.
How does 1318 Melbourne St's assessment compare to its last sale price?
The current assessment is 6.3% below the last sale price of $380,000.
When was 1318 Melbourne St built?
1318 Melbourne St was built in 2021.
How does 1318 Melbourne St compare to others on Melbourne St?
We track 8 other properties on Melbourne St. Browse the list under "Other properties on Melbourne St" to compare beds, baths, and sale history.
What are the property facts for 1318 Melbourne St?
1318 Melbourne St is a 3 bed, 2 bath, 1,496 sqft, 9,000 sqft lot single_family.
Is 1318 Melbourne St a flip candidate?
Yes — 1318 Melbourne St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1318 Melbourne St a tax-appeal candidate?
No — 1318 Melbourne 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
+4.0%
Implied 1-yr
+16.2%
2026 Q3
$394.7K
2026 Q4
$407.4K
ZIP 98595 — Median Price History + Forecast

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