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1338 Melrose Ave

Modesto, CA 95350

4 bd 2 ba 2,330 sqft Built 1950 Lot 8,699 sqft multi_family
Most recent sale
$290,000
Apr 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 23, 2024 Listed $515,000 MetroList
Apr 23, 2024 Sold $515,000 Public Record
Feb 28, 2023 Sold $486,000 MetroList
Nov 24, 2022 Listed $499,000 MetroList
Oct 18, 2022 Listing removed $539,000 MetroList
Sep 22, 2022 Price changed $539,000 MLS #222047819
Apr 20, 2022 Listed $549,000 MLS #222047819
Apr 30, 2021 Sold $290,000 MLS #221031066
Apr 7, 2021 Listed $275,000 MLS #221031066

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $292,740 $232,560 $525,300 $6,142
2024 $292,740 $232,560 $525,300 $5,648
2023 $208,080 $93,636 $301,716 $3,454
2022 $204,000 $91,800 $295,800 $3,370
2021 $118,607 $46,795 $165,402 $1,808
2020 $117,391 $46,316 $163,707 $1,843
2019 $115,090 $45,408 $160,498 $1,801
2018 $112,834 $44,518 $157,352 $1,714
2017 $110,622 $43,646 $154,268 $1,673
2016 $108,453 $42,791 $151,244 $1,641
2015 $106,824 $42,149 $148,973 $1,619
2014 $83,500 $56,500 $140,000 $1,528
2013 $67,000 $45,000 $112,000 $1,223
2012 $44,000 $56,000 $100,000 $1,097
2010 $76,000 $37,000 $113,000 $1,226
2009 $99,699 $39,340 $139,039 $1,489
2008 $97,745 $38,569 $136,314 $1,437
2007 $95,829 $37,813 $133,642 $1,432

Property facts

Year built
1950
Property type
multi_family
Stories
1
Beds
4
Baths
2
Living area
2,330 sqft
Lot size
8,699 sqft
ZIP code
95350
City
Modesto
Street
Melrose Ave
Coordinates
37.66312, -120.98676

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,740
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1338 Melrose Ave last sell?
1338 Melrose Ave most recently sold on Apr 30, 2021 for $290,000.
What is the current tax assessment for 1338 Melrose Ave?
The most recent total assessment for 1338 Melrose Ave (year 2025) is $525,300 with $6,142 in property tax.
How does 1338 Melrose Ave's assessment compare to its last sale price?
The current assessment is 81.1% above the last sale price of $290,000.
When was 1338 Melrose Ave built?
1338 Melrose Ave was built in 1950.
How does 1338 Melrose Ave compare to others on Melrose Ave?
We track 7 other properties on Melrose Ave. Browse the list under "Other properties on Melrose Ave" to compare beds, baths, and sale history.
What are the property facts for 1338 Melrose Ave?
1338 Melrose Ave is a 4 bed, 2 bath, 2,330 sqft, 8,699 sqft lot multi_family.
Is 1338 Melrose Ave a flip candidate?
Yes — 1338 Melrose Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1338 Melrose Ave a tax-appeal candidate?
No — 1338 Melrose Ave 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
-0.3%
Implied 1-yr
-1.1%
2026 Q3
$442.9K
2026 Q4
$441.6K
ZIP 95350 — Median Price History + Forecast

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