701 Melvin Ave
Racine, WI 53402
3 bd 2 ba 1,720 sqft Built 1940 Lot 10,019 sqft single_family
Most recent sale
$233,500
Jul 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 26, 2022 | Sold | $233,500 | MLS #1796770 |
| Jun 9, 2022 | Listed | $219,900 | MLS #1796770 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $218,200 | $34,000 | $252,200 | $5,876 |
| 2023 | $171,000 | $34,000 | $205,000 | $5,681 |
| 2022 | $149,000 | $34,000 | $183,000 | $4,592 |
| 2021 | $132,000 | $34,000 | $166,000 | $4,511 |
| 2020 | $132,000 | $34,000 | $166,000 | $4,487 |
| 2019 | $121,000 | $34,000 | $155,000 | $4,134 |
| 2018 | $114,000 | $34,000 | $148,000 | $4,169 |
| 2017 | $106,000 | $34,000 | $140,000 | $4,154 |
| 2016 | $106,000 | $34,000 | $140,000 | $4,242 |
| 2015 | $106,000 | $34,000 | $140,000 | $4,302 |
| 2014 | $106,000 | $34,000 | $140,000 | $4,096 |
| 2013 | $109,900 | $40,100 | $150,000 | $4,369 |
| 2012 | $119,900 | $40,100 | $160,000 | $4,556 |
| 2011 | $124,900 | $40,100 | $165,000 | $4,180 |
| 2010 | $134,900 | $40,100 | $175,000 | $4,180 |
| 2009 | $144,900 | $40,100 | $185,000 | $4,220 |
| 2008 | $144,900 | $40,100 | $185,000 | $4,060 |
| 2007 | $160,500 | $24,500 | $185,000 | $3,988 |
Property facts
Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,720 sqft
Lot size
10,019 sqft
ZIP code
53402
City
Racine
Street
Melvin Ave
Coordinates
42.75524, -87.78844
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
$2,580
Gross rental yield
13.26%
Implied cap rate
8.62%
Trend-extrapolated value
—
Frequently asked questions
When did 701 Melvin Ave last sell?
701 Melvin Ave most recently sold on Jul 26, 2022 for $233,500.
What is the current tax assessment for 701 Melvin Ave?
The most recent total assessment for 701 Melvin Ave (year 2025) is $252,200 with $5,876 in property tax.
How does 701 Melvin Ave's assessment compare to its last sale price?
The current assessment is 8.0% above the last sale price of $233,500.
When was 701 Melvin Ave built?
701 Melvin Ave was built in 1940.
How does 701 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 701 Melvin Ave?
701 Melvin Ave is a 3 bed, 2 bath, 1,720 sqft, 10,019 sqft lot single_family.
Is 701 Melvin Ave a flip candidate?
No — 701 Melvin Ave does not appear in our flips dataset.
Is 701 Melvin Ave a tax-appeal candidate?
No — 701 Melvin Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.8%
Implied 1-yr
+3.4%
2026 Q2
$317.4K
2026 Q3
$320K
ZIP 53402 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Melvin Ave