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523 Melrose St

Morgantown, WV 26505

3 bd 2 ba 1,320 sqft Built 1959 Lot 9,583 sqft single_family
Most recent sale
$180,000
Oct 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 23, 2024 Sold $265,000 NorthCentralWV
Oct 4, 2024 Price changed $299,900 NorthCentralWV
Sep 27, 2024 Price changed $325,000 NorthCentralWV
Sep 12, 2024 Listed $349,900 NorthCentralWV
Oct 6, 2022 Sold $180,000 Public Record
Aug 16, 2022 Price changed $199,000 MLS #10144065
Jun 23, 2022 Price changed $219,000 MLS #10144065
Jun 2, 2022 Price changed $235,000 MLS #10144065
Jun 1, 2022 Listed $235,000,000 MLS #10144065

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $5,760 $5,760 $1,017
2023 $5,760 $5,760 $1,879
2022 $5,760 $5,760 $900
2021 $5,760 $5,760 $910
2020 $5,760 $5,760 $913
2019 $5,760 $5,760 $925
2018 $5,760 $5,760 $919
2017 $5,400 $5,400 $902
2016 $4,860 $4,860 $868
2015 $2,160 $2,160 $779
2014 $2,100 $2,100 $714
2013 $1,920 $1,920 $636
2012 $1,800 $1,800 $593
2011 $3,240 $3,240 $382
2010 $3,240 $3,240 $385
2009 $3,240 $3,240 $386
2008 $3,240 $3,240 $381
2007 $3,240 $3,240 $378

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,320 sqft
Lot size
9,583 sqft
ZIP code
26505
City
Morgantown
Street
Melrose St
Coordinates
39.64397, -79.95370

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
$1,980
Gross rental yield
13.20%
Implied cap rate
8.58%
Trend-extrapolated value

Frequently asked questions

When did 523 Melrose St last sell?
523 Melrose St most recently sold on Oct 6, 2022 for $180,000.
What is the current tax assessment for 523 Melrose St?
The most recent total assessment for 523 Melrose St (year 2025) is $5,760 with $1,017 in property tax.
How does 523 Melrose St's assessment compare to its last sale price?
The current assessment is 96.8% below the last sale price of $180,000.
When was 523 Melrose St built?
523 Melrose St was built in 1959.
How does 523 Melrose St compare to others on Melrose St?
We track 8 other properties on Melrose St. Browse the list under "Other properties on Melrose St" to compare beds, baths, and sale history.
What are the property facts for 523 Melrose St?
523 Melrose St is a 3 bed, 2 bath, 1,320 sqft, 9,583 sqft lot single_family.
Is 523 Melrose St a flip candidate?
No — 523 Melrose St does not appear in our flips dataset.
Is 523 Melrose St a tax-appeal candidate?
No — 523 Melrose 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
-0.2%
Implied 1-yr
-0.9%
2026 Q3
$294.6K
2026 Q4
$293.9K
ZIP 26505 — Median Price History + Forecast

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