4340 Melody Ln
Madison, WI 53704
1 bd 1 ba 675 sqft Built 1974 condos
Most recent sale
$105,000
May 4, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 6, 2025 | Listed | $159,900 | SCWMLS |
| May 4, 2022 | Sold | $105,000 | MLS #1929094 |
| Mar 9, 2022 | Listed | $108,000 | MLS #1929094 |
| Jun 4, 2015 | Sold | $146,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $110,700 | $11,800 | $122,500 | $2,194 |
| 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 | $1,450 |
| 2018 | $56,500 | $8,700 | $65,200 | $1,390 |
| 2017 | $49,100 | $7,600 | $56,700 | $1,243 |
| 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 4340 Melody Ln last sell?
4340 Melody Ln most recently sold on May 4, 2022 for $105,000.
What is the current tax assessment for 4340 Melody Ln?
The most recent total assessment for 4340 Melody Ln (year 2025) is $122,500 with $2,194 in property tax.
How does 4340 Melody Ln's assessment compare to its last sale price?
The current assessment is 16.7% above the last sale price of $105,000.
When was 4340 Melody Ln built?
4340 Melody Ln was built in 1974.
How does 4340 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 4340 Melody Ln?
4340 Melody Ln is a 1 bed, 1 bath, 675 sqft condos.
Is 4340 Melody Ln a flip candidate?
No — 4340 Melody Ln does not appear in our flips dataset.
Is 4340 Melody Ln a tax-appeal candidate?
Yes — 4340 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 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