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533 Melrose Street

533 Melrose Street, Pacific Grove, CA 93950
House in Monterey
533 Melrose Street has been categorized by the local assessors in Pacific Grove, CA as a type of property. The building on the property was first built in 1953 and is 73 years old. The home has a total of 9 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 100 stories. In addition, 533 Melrose Street has 1,118 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,400 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a .

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a for those who require parking. The garage measured 420 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of by the local assessor. In terms of heating, it is utilizing . There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 533 Melrose Street sold most recently in Feb 17, 2023 for a total of $1,700,000. If you work out the math, that's approximately a cost of $1,520.57 per sqft. Before that, the property was also sold for $786,000 in Jul 9, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $973,894 in taxes each year. 533 Melrose Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $817,754. If we break it down further, the land itself was valued at $609,674. Improvements to the property, however, were assessed at a total of $208,080. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Attached Garage
On-Street Parking

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230201
02/01/2023
3 Bed
2 Bath
1154 ft²
$1,698,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1154 ft²
-
-
Monterey Peninsula Home Team
KW Coastal Estates


Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 25
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,400
  • Total Building Area: 1,118
  • Gross Building Area: 1,118
  • Building Area: 1,118
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 6
  • Heated Square Feet: 1,118
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF PACIFIC GROVE
  • Land Acres: 0000000239
  • Standard Land Use Code: 1001
  • County Land Use Code: 1C
  • Legal Description 1: ASSRS MAP OF PACIFIC GROVE ACRES POR OF LOTS 6 & 7 BLK 324 AS DESC IN VOL 1480 PG 551

Neighborhood

  • School District Name: Pacific Grove Unified School District
  • Census Tract: 012200

Geography

  • Parcel: 006-431-020-000
  • Block: 324
  • Lot: 6,7
  • Latitude: 36.6201
  • Longitude: -121.93

    Address

  • Full Address: 533 Melrose St
  • Address - House Number: 533
  • Address - Street Name: Melrose
  • Address - Suffix Type: St
  • State: CA
  • City Name: Pacific Grove
  • Carrier Code: C011
  • 4-Digit Zip Code: 3845
  • Zip Code: 93950

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $973,894
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 004-000

    Appraisal Valuation

  • Standard Deviation: 0.2198
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 69
  • Final Value: 1,453,577
  • High Value: 1,773,085
  • Low Value: 1,134,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $817,754
  • Assessed Land Value: $609,674
  • Assessed Improvements Value: $208,080

    Sales

  • Current Sale Contract Date: Feb 17, 2023
  • Current Sale Recording Date: Feb 22, 2023
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 5510
  • Previous Sale Recording Date: Jul 15, 2020
  • Previous Sale Contract Date: Jul 09, 2020
  • Previous Sale Amount: $786,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Pacific Grove



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Frequently Asked Questions

What neighborhood is 533 Melrose Street located in?
The 533 Melrose Street is a house located in the neighborhood of Monterey in Pacific Grove, Pacific Grove.
What is the average sales price for listings in 533 Melrose Street?
The average sales price for units in 533 Melrose Street is $0 currently.