551 Melrose St
Morgantown, WV 26505
4 bd 2 ba 1,933 sqft Built 1915 Lot 4,617 sqft single_family
Most recent sale
$197,500
Nov 3, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 3, 2023 | Sold | $197,500 | NorthCentralWV |
| Sep 7, 2023 | Price changed | $205,000 | NorthCentralWV |
| Aug 21, 2023 | Price changed | $217,900 | NorthCentralWV |
| Jul 2, 2023 | Listed | $225,000 | NorthCentralWV |
| Jun 27, 2011 | Sold | $142,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $51,300 | $33,660 | $84,960 | $2,240 |
| 2023 | $44,700 | $33,660 | $78,360 | $1,034 |
| 2022 | $43,920 | $33,660 | $77,580 | $989 |
| 2021 | $43,920 | $33,660 | $77,580 | $992 |
| 2020 | $43,920 | $33,660 | $77,580 | $996 |
| 2019 | $43,920 | $33,660 | $77,580 | $1,002 |
| 2018 | $51,420 | $33,660 | $85,080 | $1,101 |
| 2017 | $51,420 | $31,740 | $83,160 | $1,081 |
| 2016 | $51,420 | $29,040 | $80,460 | $1,051 |
| 2015 | $51,420 | $26,340 | $77,760 | $980 |
| 2014 | $50,700 | $23,760 | $74,460 | $904 |
| 2013 | $47,160 | $18,660 | $65,820 | $804 |
| 2012 | $41,820 | $17,160 | $58,980 | $722 |
| 2011 | $70,800 | $10,200 | $81,000 | $1,138 |
| 2010 | $72,300 | $10,200 | $82,500 | $1,062 |
| 2009 | $72,300 | $10,200 | $82,500 | $1,065 |
| 2008 | $71,340 | $10,200 | $81,540 | $1,048 |
| 2007 | $69,960 | $10,200 | $80,160 | $1,038 |
Property facts
Year built
1915
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
1,933 sqft
Lot size
4,617 sqft
ZIP code
26505
City
Morgantown
Street
Melrose St
Coordinates
39.64448, -79.95314
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,185
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 551 Melrose St last sell?
551 Melrose St most recently sold on Nov 3, 2023 for $197,500.
What is the current tax assessment for 551 Melrose St?
The most recent total assessment for 551 Melrose St (year 2025) is $84,960 with $2,240 in property tax.
How does 551 Melrose St's assessment compare to its last sale price?
The current assessment is 57.0% below the last sale price of $197,500.
When was 551 Melrose St built?
551 Melrose St was built in 1915.
How does 551 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 551 Melrose St?
551 Melrose St is a 4 bed, 2 bath, 1,933 sqft, 4,617 sqft lot single_family.
Is 551 Melrose St a flip candidate?
No — 551 Melrose St does not appear in our flips dataset.
Is 551 Melrose St a tax-appeal candidate?
No — 551 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