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464 Melvin Ave

Racine, WI 53402

3 bd 2 ba 1,805 sqft Built 1937 Lot 6,970 sqft single_family
Most recent sale
$252,000
Nov 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 29, 2022 Sold $252,000 MetroMLS
Jun 14, 2007 Sold $170,000 Public Record
Oct 15, 2003 Sold $164,900 Public Record
May 4, 1999 Sold $135,900 MetroMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $240,200 $16,200 $256,400 $5,975
2023 $184,800 $16,200 $201,000 $4,818
2022 $166,800 $16,200 $183,000 $4,439
2021 $149,800 $16,200 $166,000 $4,511
2020 $149,800 $16,200 $166,000 $4,487
2019 $134,800 $16,200 $151,000 $4,024
2018 $127,800 $16,200 $144,000 $4,052
2017 $119,800 $16,200 $136,000 $4,035
2016 $119,800 $16,200 $136,000 $4,120
2015 $116,800 $16,200 $133,000 $4,086
2014 $116,800 $16,200 $133,000 $3,891
2013 $120,900 $20,100 $141,000 $4,106
2012 $129,900 $20,100 $150,000 $4,271
2011 $148,900 $20,100 $169,000 $4,323
2010 $160,900 $20,100 $181,000 $4,323
2009 $163,900 $20,100 $184,000 $4,197
2008 $163,900 $20,100 $184,000 $4,038
2007 $170,700 $13,300 $184,000 $3,967

Property facts

Year built
1937
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,805 sqft
Lot size
6,970 sqft
ZIP code
53402
City
Racine
Street
Melvin Ave
Coordinates
42.75581, -87.78587

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,708
Gross rental yield
12.90%
Implied cap rate
8.38%
Trend-extrapolated value

Frequently asked questions

When did 464 Melvin Ave last sell?
464 Melvin Ave most recently sold on Nov 29, 2022 for $252,000.
What is the current tax assessment for 464 Melvin Ave?
The most recent total assessment for 464 Melvin Ave (year 2025) is $256,400 with $5,975 in property tax.
How does 464 Melvin Ave's assessment compare to its last sale price?
The current assessment is 1.7% above the last sale price of $252,000.
When was 464 Melvin Ave built?
464 Melvin Ave was built in 1937.
How does 464 Melvin Ave compare to others on Melvin Ave?
We track 8 other properties on Melvin Ave. Browse the list under "Other properties on Melvin Ave" to compare beds, baths, and sale history.
What are the property facts for 464 Melvin Ave?
464 Melvin Ave is a 3 bed, 2 bath, 1,805 sqft, 6,970 sqft lot single_family.
Is 464 Melvin Ave a flip candidate?
No — 464 Melvin Ave does not appear in our flips dataset.
Is 464 Melvin Ave a tax-appeal candidate?
No — 464 Melvin Ave 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
+0.8%
Implied 1-yr
+3.4%
2026 Q2
$317.4K
2026 Q3
$320K
ZIP 53402 — Median Price History + Forecast

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