540 Melrose St
Morgantown, WV 26505
4 bd 2 ba 1,466 sqft Built 1900 Lot 6,613 sqft single_family
Most recent sale
$218,000
Mar 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 4, 2022 | Sold | $218,000 | MLS #10140927 |
| Nov 9, 2021 | Listed | $230,000 | MLS #10140927 |
| May 22, 2017 | Sold | $142,000 | MLS #10100712 |
| Jan 8, 2016 | Sold | $142,000 | Public Record |
| Nov 10, 2015 | Listing removed | $159,900 | MRIS |
| Nov 5, 2015 | Price changed | $152,900 | MLS #10100712 |
| Jun 8, 2015 | Price changed | $159,900 | MLS #MG8553742 |
| Jun 4, 2015 | Price changed | $159,900 | MLS #10100712 |
| Apr 20, 2015 | Price changed | $161,900 | MLS #10100712 |
| Apr 1, 2015 | Price changed | $168,500 | MLS #10100712 |
| Feb 12, 2015 | Listed | $168,500 | MLS #MG8553742 |
| Dec 9, 2014 | Listed | $177,500 | MLS #10100712 |
| Jul 21, 1986 | Sold | $21,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $67,800 | $34,740 | $102,540 | $2,703 |
| 2023 | $62,760 | $34,740 | $97,500 | $2,573 |
| 2022 | $56,040 | $34,740 | $90,780 | $902 |
| 2021 | $49,500 | $34,740 | $84,240 | $1,078 |
| 2020 | $49,500 | $34,740 | $84,240 | $1,082 |
| 2019 | $49,500 | $34,740 | $84,240 | $1,088 |
| 2018 | $52,200 | $34,740 | $86,940 | $1,126 |
| 2017 | $52,200 | $32,760 | $84,960 | $1,105 |
| 2016 | $52,200 | $30,060 | $82,260 | $2,151 |
| 2015 | $52,200 | $27,360 | $79,560 | $2,007 |
| 2014 | $51,480 | $24,720 | $76,200 | $925 |
| 2013 | $47,880 | $19,620 | $67,500 | $825 |
| 2012 | $40,920 | $18,000 | $58,920 | $722 |
| 2011 | $27,120 | $6,540 | $33,660 | $476 |
| 2010 | $27,120 | $6,540 | $33,660 | $433 |
| 2009 | $27,120 | $6,540 | $33,660 | $435 |
| 2008 | $26,760 | $6,540 | $33,300 | $428 |
| 2007 | $26,280 | $6,540 | $32,820 | $425 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,466 sqft
Lot size
6,613 sqft
ZIP code
26505
City
Morgantown
Street
Melrose St
Coordinates
39.64391, -79.95301
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,199
Gross rental yield
12.10%
Implied cap rate
7.87%
Trend-extrapolated value
—
Frequently asked questions
When did 540 Melrose St last sell?
540 Melrose St most recently sold on Mar 4, 2022 for $218,000.
What is the current tax assessment for 540 Melrose St?
The most recent total assessment for 540 Melrose St (year 2025) is $102,540 with $2,703 in property tax.
How does 540 Melrose St's assessment compare to its last sale price?
The current assessment is 53.0% below the last sale price of $218,000.
When was 540 Melrose St built?
540 Melrose St was built in 1900.
How does 540 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 540 Melrose St?
540 Melrose St is a 4 bed, 2 bath, 1,466 sqft, 6,613 sqft lot single_family.
Is 540 Melrose St a flip candidate?
No — 540 Melrose St does not appear in our flips dataset.
Is 540 Melrose St a tax-appeal candidate?
No — 540 Melrose St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.2%
Implied 1-yr
-0.9%
2026 Q3
$294.6K
2026 Q4
$293.9K
ZIP 26505 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melrose St