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703 Melrose Place

703 Melrose Place, San Diego, CA 92114
Property in Emerald Hills
Sold Mar 17, 2023
$590,000
$603,570 by Navy Federal Credit Union
Mortgage Due Apr 01, 2053
Sold Aug 31, 2005
Transfer
$469,342 by Wells Fargo Bank Na
Mortgage
Local assessors in San Diego, CA have categorized 703 Melrose Place as a residential type of property. The home was built in 1954 and is 70 years old. The property's lot size has been calculated to be 67,954 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 703 Melrose Place has a total of 750 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 - D. The home's floor/wall heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 703 Melrose Place was last sold in Mar 7, 2023 for $590,000. According to our calculations, that's $786.67 per sqft. Current property owners are expected to pay $535 in taxes per year. The property on 703 Melrose Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $46,905. To break that down further, the land itself was valued at $13,740. While improvements to the property were assessed at a total of $33,165. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: D
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 67,954
  • Lot Size Frontage Feet: 1,470
  • Total Building Area: 750
  • Building Area: 750
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BEVERLY
  • Land Acres: 1.56
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: BLK 15 LOT 25 /EXC ST OP/ & /EXC NW 50 FT/ TR 001129

Ownership

  • Current Owner : REYES FAUSTO ANTONIO
  • Current Owner 2: REYES AILEEN VIRIDIANA
  • Previous Owner : DOROTHY MAE JACKSON-GREENWOOD TRUST
  • Owner Before Previous Owner: JACKSON GREENWOOD DOROTHY MAE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Diego City Unified School District
  • School Tax School District: SAN DIEGO CITY
  • Census Tract: 003001

Zoning

  • Zoning: RS-1-6

Geography

  • Assessors Map Reference: 001129
  • Subdivision Tract Number: 001129
  • Parcel: 542-620-04-00
  • Block: 15
  • Lot: 25
  • Municipality: CITY OF SAN DIEGO
  • Latitude: 32.7122
  • Longitude: -117.081

    Address

  • Full Address: 703 Melrose Pl
  • Address - House Number: 703
  • Address - Street Name: Melrose
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: San Diego
  • Carrier Code: C036
  • 4-Digit Zip Code: 1702
  • Zip Code: 92114

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $535
  • Tax Rate Code Area: 08-001

    Appraisal Valuation

  • Standard Deviation: 0.2082
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 71
  • Final Value: 519,747
  • High Value: 627,976
  • Low Value: 411,519

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $603,570
  • First Open Lien Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Mar 17, 2023
  • First Open Lien Mortgage Loan Amount: $603,570
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,905
  • Assessed Land Value: $13,740
  • Assessed Improvements Value: $33,165

    Sales

  • Current Sale Contract Date: Mar 07, 2023
  • Current Sale Recording Date: Mar 17, 2023
  • Current Sale Transaction ID: 11903831903
  • Current Sale Price: $590,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 68805
  • Previous Sale Recording Date: Aug 31, 2005
  • Previous Sale Contract Date: Aug 23, 2005
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Mar 17, 2023
  • First Mortgage Loan Amount: $603,570
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 31, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $469,342
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Southeastern San Diego



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Frequently Asked Questions

What neighborhood is 703 Melrose Place located in?
The 703 Melrose Place is a located in the neighborhood of Emerald Hills in Southeastern San Diego, San Diego.
What is the average sales price for listings in 703 Melrose Place?
The average sales price for units in 703 Melrose Place is $0 currently.

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