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4324 Melody Ln

Madison, WI 53704

1 bd 1 ba 675 sqft Built 1974 condos
Most recent sale
$115,610
Jun 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 1, 2022 Sold $115,610 MLS #1786599
Apr 8, 2022 Listed $112,000 MLS #1786599
Feb 28, 2020 Sold $78,000 MLS #1870601
Jan 3, 2007 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $119,000 $11,800 $130,800 $2,348
2023 $101,200 $10,900 $112,100 $1,960
2022 $75,800 $10,000 $85,800 $1,615
2021 $68,000 $10,000 $78,000 $1,591
2020 $68,700 $9,200 $77,900 $1,671
2019 $64,800 $8,700 $73,500 $1,579
2018 $62,000 $8,700 $70,700 $1,515
2017 $53,900 $7,600 $61,500 $1,356
2016 $52,300 $7,400 $59,700 $1,351
2015 $45,400 $7,400 $52,800 $1,200
2014 $43,900 $7,400 $51,300 $1,243
2013 $49,600 $7,400 $57,000 $1,342
2012 $60,000 $7,000 $67,000 $1,545
2011 $60,000 $7,000 $67,000 $1,468
2010 $64,300 $7,000 $71,300 $1,510
2009 $68,000 $7,000 $75,000 $1,470
2008 $68,000 $7,000 $75,000 $1,422
2007 $67,000 $7,000 $74,000 $1,454

Property facts

Year built
1974
Property type
condos
Stories
2
Beds
1
Baths
1
Living area
675 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
$1,013
Gross rental yield
10.51%
Implied cap rate
6.83%
Trend-extrapolated value

Frequently asked questions

When did 4324 Melody Ln last sell?
4324 Melody Ln most recently sold on Jun 1, 2022 for $115,610.
What is the current tax assessment for 4324 Melody Ln?
The most recent total assessment for 4324 Melody Ln (year 2025) is $130,800 with $2,348 in property tax.
How does 4324 Melody Ln's assessment compare to its last sale price?
The current assessment is 13.1% above the last sale price of $115,610.
When was 4324 Melody Ln built?
4324 Melody Ln was built in 1974.
How does 4324 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 4324 Melody Ln?
4324 Melody Ln is a 1 bed, 1 bath, 675 sqft condos.
Is 4324 Melody Ln a flip candidate?
No — 4324 Melody Ln does not appear in our flips dataset.
Is 4324 Melody Ln a tax-appeal candidate?
No — 4324 Melody Ln 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
-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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