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314-314 1/2 Melrose St

Modesto, CA 95354

3 bd 2 ba 1,496 sqft Built 1920 Lot 7,000 sqft multi_family
Most recent sale
$425,000
Sep 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Listing removed $435,000 MetroList
Sep 27, 2022 Sold $425,000 MLS #222076318
Aug 13, 2022 Relisted $435,000 MLS #222089708
Jul 6, 2022 Listed $435,000 MLS #222089708
Jul 5, 2022 Price changed $435,000 MLS #222076318
Jun 9, 2022 Listed $445,000 MLS #222076318
Mar 27, 2012 Sold $125,000 MLS #12005667
Feb 13, 2012 Listing removed $137,500 MetroList
Jan 26, 2012 Listed $137,500 MLS #12005650
Jan 25, 2012 Listed $137,500 MLS #12005667
Aug 23, 2004 Sold $283,500 Public Record
May 19, 1999 Sold $98,000 Public Record
Sep 3, 1992 Sold $110,000 Public Record
Jul 26, 1991 Sold $116,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $187,272 $254,898 $442,170 $5,170
2024 $187,272 $254,898 $442,170 $4,939
2023 $85,710 $30,176 $115,886 $1,326
2022 $84,030 $29,585 $113,615 $1,294
2021 $82,383 $29,005 $111,388 $1,217
2020 $81,539 $28,708 $110,247 $1,242
2019 $79,941 $28,146 $108,087 $1,213
2018 $78,374 $27,595 $105,969 $1,155
2017 $76,838 $27,054 $103,892 $1,127
2016 $75,332 $26,524 $101,856 $1,106
2015 $74,201 $26,126 $100,327 $1,091
2014 $72,748 $25,615 $98,363 $1,074
2013 $72,420 $25,500 $97,920 $1,070
2012 $75,000 $25,000 $100,000 $1,097
2010 $53,500 $25,000 $78,500 $852
2009 $51,500 $35,000 $86,500 $927
2008 $127,500 $42,500 $170,000 $1,793
2007 $177,388 $117,045 $294,433 $3,155

Property facts

Year built
1920
Property type
multi_family
Stories
1
Beds
3
Baths
2
Living area
1,496 sqft
Lot size
7,000 sqft
ZIP code
95354
City
Modesto
Street
1/2 Melrose St
Coordinates
37.64968, -120.98632

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,787
Gross rental yield
13.52%
Implied cap rate
8.79%
Trend-extrapolated value

Frequently asked questions

When did 314-314 1/2 Melrose St last sell?
314-314 1/2 Melrose St most recently sold on Sep 27, 2022 for $425,000.
What is the current tax assessment for 314-314 1/2 Melrose St?
The most recent total assessment for 314-314 1/2 Melrose St (year 2025) is $442,170 with $5,170 in property tax.
How does 314-314 1/2 Melrose St's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $425,000.
When was 314-314 1/2 Melrose St built?
314-314 1/2 Melrose St was built in 1920.
How does 314-314 1/2 Melrose St compare to others on 1/2 Melrose St?
We do not currently track other properties on 1/2 Melrose St.
What are the property facts for 314-314 1/2 Melrose St?
314-314 1/2 Melrose St is a 3 bed, 2 bath, 1,496 sqft, 7,000 sqft lot multi_family.
Is 314-314 1/2 Melrose St a flip candidate?
No — 314-314 1/2 Melrose St does not appear in our flips dataset.
Is 314-314 1/2 Melrose St a tax-appeal candidate?
No — 314-314 1/2 Melrose St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.2%
Implied 1-yr
+0.7%
2026 Q3
$409.3K
2026 Q4
$410K
ZIP 95354 — Median Price History + Forecast

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