4338 Melody Ln
Madison, WI 53704
1 bd 1 ba 675 sqft Built 1974 condos
Most recent sale
$105,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 12, 2024 | Sold | $135,000 | SCWMLS |
| Mar 21, 2024 | Listed | $129,900 | SCWMLS |
| May 2, 2022 | Sold | $105,000 | MLS #1928802 |
| Mar 4, 2022 | Listed | $108,000 | MLS #1928802 |
| Jun 4, 2015 | Sold | $146,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $123,200 | $11,800 | $135,000 | $2,427 |
| 2023 | $94,100 | $10,900 | $105,000 | $1,831 |
| 2022 | $76,200 | $10,000 | $86,200 | $1,623 |
| 2021 | $68,400 | $10,000 | $78,400 | $1,599 |
| 2020 | $62,700 | $9,200 | $71,900 | $1,536 |
| 2019 | $59,100 | $8,700 | $67,800 | $1,451 |
| 2018 | $56,500 | $8,700 | $65,200 | $1,391 |
| 2017 | $49,100 | $7,600 | $56,700 | $1,244 |
| 2016 | $47,600 | $7,400 | $55,000 | $1,239 |
Property facts
Year built
1974
Property type
condos
Stories
—
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 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,013
Gross rental yield
11.58%
Implied cap rate
7.53%
Trend-extrapolated value
—
Frequently asked questions
When did 4338 Melody Ln last sell?
4338 Melody Ln most recently sold on May 2, 2022 for $105,000.
What is the current tax assessment for 4338 Melody Ln?
The most recent total assessment for 4338 Melody Ln (year 2025) is $135,000 with $2,427 in property tax.
How does 4338 Melody Ln's assessment compare to its last sale price?
The current assessment is 28.6% above the last sale price of $105,000.
When was 4338 Melody Ln built?
4338 Melody Ln was built in 1974.
How does 4338 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 4338 Melody Ln?
4338 Melody Ln is a 1 bed, 1 bath, 675 sqft condos.
Is 4338 Melody Ln a flip candidate?
Yes — 4338 Melody Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4338 Melody Ln a tax-appeal candidate?
No — 4338 Melody Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q3
$292.7K
2026 Q4
$282.2K
ZIP 53704 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melody Ln