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2006 Melrose St

Madison, WI 53704

3 bd 3 ba 1,627 sqft Built 1942 Lot 8,580 sqft single_family
Most recent sale
$370,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2022 Sold $370,000 MLS #1939445
May 25, 2021 Sold $170,000 MLS #1905955
Jul 17, 2003 Sold $105,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $346,400 $85,000 $431,400 $7,683
2023 $292,700 $77,300 $370,000 $6,346
2022 $101,000 $69,000 $170,000 $3,005
2021 $113,000 $61,600 $174,600 $3,364
2020 $107,600 $58,700 $166,300 $3,464
2019 $104,500 $57,000 $161,500 $3,345
2018 $93,900 $57,000 $150,900 $3,133
2017 $83,900 $51,800 $135,700 $2,949
2016 $76,200 $51,800 $128,000 $2,838
2015 $65,200 $51,800 $117,000 $2,628
2014 $72,900 $50,300 $123,200 $2,985
2013 $71,500 $49,300 $120,800 $2,800
2012 $75,300 $51,900 $127,200 $2,896
2011 $81,900 $56,400 $138,300 $3,010
2010 $81,800 $56,400 $138,200 $2,902
2009 $81,800 $56,400 $138,200 $2,688
2008 $95,500 $47,000 $142,500 $2,648
2007 $105,100 $37,400 $142,500 $2,698

Property facts

Year built
1942
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,627 sqft
Lot size
8,580 sqft
ZIP code
53704
City
Madison
Street
Melrose St
Coordinates
43.12334, -89.35587

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
$2,441
Gross rental yield
7.92%
Implied cap rate
5.15%
Trend-extrapolated value

Frequently asked questions

When did 2006 Melrose St last sell?
2006 Melrose St most recently sold on Jul 15, 2022 for $370,000.
What is the current tax assessment for 2006 Melrose St?
The most recent total assessment for 2006 Melrose St (year 2025) is $431,400 with $7,683 in property tax.
How does 2006 Melrose St's assessment compare to its last sale price?
The current assessment is 16.6% above the last sale price of $370,000.
When was 2006 Melrose St built?
2006 Melrose St was built in 1942.
How does 2006 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 2006 Melrose St?
2006 Melrose St is a 3 bed, 3 bath, 1,627 sqft, 8,580 sqft lot single_family.
Is 2006 Melrose St a flip candidate?
Yes — 2006 Melrose St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2006 Melrose St a tax-appeal candidate?
Yes — 2006 Melrose St 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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