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2640 Melville Drive

2640 Melville Drive, San Marino, CA 91108
Property in San Marino
Sold Jun 01, 2018
$1,930,000
$900,000 by East West Bank
Mortgage Due Jun 01, 2048
Sold Jul 12, 2011
$1,250,000
$729,000 by First Centennial Mortgage Corp
Mortgage Due Aug 01, 2041
Local assessors in San Marino, CA have categorized 2640 Melville Drive as a residential type of property. The home was built in 1940 and is 84 years old. It was most recently renovated and altered in 1942. The property's lot size has been calculated to be 11,211 square feet. The linear feet between the front and back of the lot was measured at 1,850 ft and the front of the lot was measured at 620 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2640 Melville Drive has a total of 1,996 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a gable style roof that was made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 23, 2018 for $1,930,000. That's $966.93 per sqft. Prior to that sales transaction, the property was also sold in Jun 1, 2011 for $1,250,000. 2640 Melville Drive was last assessed in 2023. The total value of the property was assessed at $2,110,734. Specifically, the land the property is located on was valued at $1,688,588. While improvements on the property were assessed at a total of $422,146. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $24,743. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1942
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,211
  • Lot Size Depth Feet: 1,850
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,996
  • Building Area: 1,996
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,996
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 11371
  • Land Acres: 0.257
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 11371 LOT/SEC 3

Ownership

  • Current Owner : MAO YIGANG
  • Current Owner 2: GUO LI
  • Previous Owner : GAO SHOU JUANG
  • Owner Before Previous Owner: SHEARIN MICHAEL THOMAS
  • Owner Before Previous Owner 2: SHEARIN MARY ELIZABETH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: San Marino Unified School District
  • Census Tract: 464200

Zoning

  • Zoning: SOR110

Geography

  • Assessors Map Reference: 37-E1
  • Subdivision Tract Number: 11371
  • Parcel: 5332-013-003
  • Lot: 3
  • Municipality: EAST /SN MRNO S HUNTG
  • Latitude: 34.1204
  • Longitude: -118.097

    Address

  • Full Address: 2640 Melville Dr
  • Address - House Number: 2640
  • Address - Street Name: Melville
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Marino
  • Carrier Code: C019
  • 4-Digit Zip Code: 2901
  • Zip Code: 91108

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,743
  • Tax Rate Code Area: 08-541

    Appraisal Valuation

  • Standard Deviation: 0.2215
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,574,546
  • High Value: 3,144,965
  • Low Value: 2,004,127

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $900,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Jun 01, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $900,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,110,734
  • Assessed Land Value: $1,688,588
  • Assessed Improvements Value: $422,146

    Sales

  • Current Sale Contract Date: Apr 23, 2018
  • Current Sale Recording Date: Jun 01, 2018
  • Current Sale Transaction ID: 11467492371
  • Current Sale Price: $1,930,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0547663
  • Previous Sale Recording Date: Jul 12, 2011
  • Previous Sale Contract Date: Jun 01, 2011
  • Previous Sale Amount: $1,250,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Jun 01, 2018
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 12, 2011
  • Previous Mortgage Loan Amount: $729,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2041

About San Marino



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Frequently Asked Questions

What neighborhood is 2640 Melville Drive located in?
The 2640 Melville Drive is a located in the neighborhood of San Marino in San Marino, San Marino.
What is the average sales price for listings in 2640 Melville Drive?
The average sales price for units in 2640 Melville Drive is $0 currently.

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