1051 Melvin Ct Unit 3 Madison, WI 53704
Carpenter-Ridgeway NeighborhoodEstimated Value: $335,000 - $349,000
            
                2
                Beds
            
            
            
                4
                Baths
            
            
            
                1,627
                Sq Ft
            
            
                
                    $209/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 1051 Melvin Ct Unit 3, Madison, WI 53704 and is currently estimated at $340,365, approximately $209 per square foot. 1051 Melvin Ct Unit 3 is a home located in Dane County with nearby schools including Hawthorne Elementary School, O'Keeffe Middle, and East High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Sep 26, 2023
            
        
                Sold by
            
            
                Gregorich Zachery and Gregorich Wenxuan
            
        
                Bought by
            
            
                Knox Alexander T and Henrikson Hannah S
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $244,000
            
        
                Outstanding Balance
            
            
                $239,175
            
        
                Interest Rate
            
            
                7.09%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $101,190
            
        Purchase Details
                Closed on
            
            
                Jan 8, 2021
            
        
                Sold by
            
            
                Gregorich Zachery
            
        
                Bought by
            
            
                Gregorich Zachery and Cai Wenxuan
            
        Purchase Details
                Closed on
            
            
                Jul 28, 2020
            
        
                Sold by
            
            
                Wetzel Karin E
            
        
                Bought by
            
            
                Gregorich Zachery
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $198,000
            
        
                Interest Rate
            
            
                2.8%
            
        
                Mortgage Type
            
            
                New Conventional
            
        Purchase Details
                Closed on
            
            
                Mar 1, 2017
            
        
                Sold by
            
            
                Couey Allen Benjamin and Couey Carey Armin
            
        
                Bought by
            
            
                Wetzel Karin E
            
        Purchase Details
                Closed on
            
            
                Oct 13, 2016
            
        
                Sold by
            
            
                Wells Fargo Bank Na
            
        
                Bought by
            
            
                Couey Allen Benjamin and Couey Carey Armin
            
        Purchase Details
                Closed on
            
            
                Jul 19, 2016
            
        
                Sold by
            
            
                Sheriff Of Dane County
            
        
                Bought by
            
            
                Wells Fargo Bank N A
            
        Purchase Details
                Closed on
            
            
                Jul 7, 2008
            
        
                Sold by
            
            
                Lang Shannon
            
        
                Bought by
            
            
                Zweck Alex and Zweck Shannon
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $173,672
            
        
                Interest Rate
            
            
                6.5%
            
        
                Mortgage Type
            
            
                FHA
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Knox Alexander T | $305,000 | None Listed On Document | |
| Gregorich Zachery | -- | None Available | |
| Gregorich Zachery | $220,000 | None Available | |
| Wetzel Karin E | $171,000 | None Available | |
| Couey Allen Benjamin | -- | Boston National Title | |
| Wells Fargo Bank N A | -- | None Available | |
| Zweck Alex | $176,500 | None Available | 
                Source: Public Records
                    
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Knox Alexander T | $244,000 | |
| Previous Owner | Gregorich Zachery | $198,000 | |
| Previous Owner | Zweck Alex | $173,672 | |
| Closed | Wells Fargo Bank N A | $0 | 
                Source: Public Records
            
        Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement | 
|---|---|---|---|---|
| 2024 | $10,094 | $305,000 | $30,300 | $274,700 | 
| 2023 | $4,515 | $269,800 | $27,500 | $242,300 | 
| 2021 | $4,324 | $219,200 | $25,400 | $193,800 | 
| 2020 | $3,953 | $188,100 | $23,100 | $165,000 | 
| 2019 | $3,560 | $171,000 | $21,000 | $150,000 | 
| 2018 | $3,585 | $171,000 | $21,000 | $150,000 | 
| 2017 | $3,772 | $171,000 | $21,000 | $150,000 | 
| 2016 | $4,061 | $179,000 | $21,000 | $158,000 | 
| 2015 | $3,531 | $140,600 | $20,900 | $119,700 | 
| 2014 | $3,197 | $140,600 | $20,900 | $119,700 | 
| 2013 | $3,694 | $156,200 | $20,900 | $135,300 | 
                Source: Public Records
                    
            
        Map
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