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4322 Melody Ln

Madison, WI 53704

2 bd 2 ba 1,064 sqft Built 1974 condos
Most recent sale
$138,000
Sep 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 21, 2022 Sold $138,000 MLS #1942913
Sep 7, 2022 Listed $139,900 MLS #1942913
Oct 25, 2019 Sold $95,000 MLS #1862918
Oct 14, 2019 Price changed $100,000 MLS #1862918
Aug 15, 2019 Price changed $105,000 MLS #1862918
Aug 6, 2019 Price changed $115,000 MLS #1862918
Jul 29, 2019 Price changed $125,000 MLS #1862918
Jul 11, 2019 Listed $130,000 MLS #1862918

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $146,300 $14,600 $160,900 $2,910
2023 $124,500 $13,500 $138,000 $2,434
2022 $104,000 $10,000 $114,000 $2,174
2021 $93,600 $10,000 $103,600 $1,838
2020 $85,800 $9,200 $95,000 $1,862
2019 $99,400 $8,700 $108,100 $2,141
2018 $95,200 $8,700 $103,900 $2,074
2017 $79,000 $7,600 $86,600 $1,803
2016 $76,700 $7,400 $84,100 $1,786
2015 $67,000 $7,400 $74,400 $1,596
2014 $63,100 $9,100 $72,200 $1,749
2013 $71,100 $9,100 $80,200 $1,790
2012 $86,700 $7,700 $94,400 $2,103
2011 $86,700 $7,700 $94,400 $1,999
2010 $86,700 $7,700 $94,400 $1,928
2009 $91,700 $7,700 $99,400 $1,890
2008 $91,700 $7,700 $99,400 $1,809
2007 $91,700 $7,700 $99,400 $1,851

Property facts

Year built
1974
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,064 sqft
Lot size
ZIP code
53704
City
Madison
Street
Melody Ln
Coordinates
43.13230, -89.30955

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
$1,596
Gross rental yield
13.88%
Implied cap rate
9.02%
Trend-extrapolated value

Frequently asked questions

When did 4322 Melody Ln last sell?
4322 Melody Ln most recently sold on Sep 21, 2022 for $138,000.
What is the current tax assessment for 4322 Melody Ln?
The most recent total assessment for 4322 Melody Ln (year 2025) is $160,900 with $2,910 in property tax.
How does 4322 Melody Ln's assessment compare to its last sale price?
The current assessment is 16.6% above the last sale price of $138,000.
When was 4322 Melody Ln built?
4322 Melody Ln was built in 1974.
How does 4322 Melody Ln compare to others on Melody Ln?
We track 8 other properties on Melody Ln. Browse the list under "Other properties on Melody Ln" to compare beds, baths, and sale history.
What are the property facts for 4322 Melody Ln?
4322 Melody Ln is a 2 bed, 2 bath, 1,064 sqft condos.
Is 4322 Melody Ln a flip candidate?
No — 4322 Melody Ln does not appear in our flips dataset.
Is 4322 Melody Ln a tax-appeal candidate?
Yes — 4322 Melody Ln appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q3
$292.7K
2026 Q4
$282.2K
ZIP 53704 — Median Price History + Forecast

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