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56 Melrose Pl

Redwood City, CA 94062

5 bd 5 ba 3,072 sqft Built 1938 Lot 10,202 sqft single_family
Most recent sale
$2,720,250
Apr 19, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2024 Sold $2,720,250 MLSListings
Mar 14, 2024 Listed $2,998,000 MLSListings
May 1, 2017 Listing removed $6,350 MLSListings
Mar 31, 2017 Listed for rent $6,350 MLSListings

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $803,250 $1,971,405 $2,774,655 $31,732
2024 $803,250 $1,971,405 $2,774,655 $2,931
2023 $116,621 $36,502 $153,123 $2,803
2022 $114,335 $35,787 $150,122 $2,723
2021 $112,094 $35,086 $147,180 $1,635
2020 $110,945 $34,727 $145,672 $1,614
2019 $108,770 $34,047 $142,817 $1,608
2018 $106,638 $33,380 $140,018 $1,566
2017 $104,548 $32,726 $137,274 $1,472
2016 $102,499 $32,085 $134,584 $1,439
2015 $100,960 $31,604 $132,564 $1,384
2014 $98,983 $30,985 $129,968 $1,356
2013 $98,536 $30,845 $129,381 $1,371
2012 $96,604 $30,241 $126,845 $1,418
2011 $94,710 $29,649 $124,359 $1,324
2010 $94,003 $29,428 $123,431 $1,307
2009 $94,227 $29,498 $123,725 $1,270
2008 $92,380 $28,920 $121,300 $1,242
2007 $90,569 $28,353 $118,922 $1,210

Property facts

Year built
1938
Property type
single_family
Stories
2
Beds
5
Baths
5
Living area
3,072 sqft
Lot size
10,202 sqft
ZIP code
94062
City
Redwood City
Street
Melrose Pl
Coordinates
37.48574, -122.24846

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$9,830
Gross rental yield
4.34%
Implied cap rate
2.82%
Trend-extrapolated value

Frequently asked questions

When did 56 Melrose Pl last sell?
56 Melrose Pl most recently sold on Apr 19, 2024 for $2,720,250.
What is the current tax assessment for 56 Melrose Pl?
The most recent total assessment for 56 Melrose Pl (year 2025) is $2,774,655 with $31,732 in property tax.
How does 56 Melrose Pl's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $2,720,250.
When was 56 Melrose Pl built?
56 Melrose Pl was built in 1938.
How does 56 Melrose Pl compare to others on Melrose Pl?
We track 1 other property on Melrose Pl. Browse the list under "Other properties on Melrose Pl" to compare beds, baths, and sale history.
What are the property facts for 56 Melrose Pl?
56 Melrose Pl is a 5 bed, 5 bath, 3,072 sqft, 10,202 sqft lot single_family.
Is 56 Melrose Pl a flip candidate?
No — 56 Melrose Pl does not appear in our flips dataset.
Is 56 Melrose Pl a tax-appeal candidate?
No — 56 Melrose Pl 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
+8.9%
Implied 1-yr
+35.7%
2026 Q3
$7.42M
2026 Q4
$7.83M
ZIP 94062 — Median Price History + Forecast

Explore nearby

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