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1407 Melwood Dr

San Jose, CA 95118

3 bd 2 ba 1,642 sqft Built 1960 Lot 6,200 sqft single_family
Most recent sale
$1,820,000
Jun 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 14, 2022 Sold $1,820,000 MLS #ML81886168
Apr 27, 2022 Price changed $1,885,000 MLS #ML81886168
Apr 8, 2022 Listed $1,888,000 MLS #ML81886168
Oct 30, 1991 Sold $210,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $870,190 $1,061,208 $1,931,398 $26,205
2024 $870,190 $1,061,208 $1,931,398 $25,498
2023 $836,400 $1,020,000 $1,856,400 $24,501
2022 $262,444 $158,290 $420,734 $7,454
2021 $257,299 $155,187 $412,486 $7,235
2020 $254,661 $153,596 $408,257 $6,987
2019 $249,668 $150,585 $400,253 $6,813
2018 $244,773 $147,633 $392,406 $6,630
2017 $239,974 $144,739 $384,713 $6,531
2016 $235,269 $141,901 $377,170 $5,850
2015 $231,736 $139,770 $371,506 $5,754
2014 $227,197 $137,033 $364,230 $5,204
2013 $226,171 $136,414 $362,585 $5,112
2012 $221,737 $133,740 $355,477 $5,093
2010 $217,390 $131,118 $348,508 $4,920
2009 $216,279 $130,449 $346,728 $4,776
2008 $212,039 $127,892 $339,931 $4,520
2007 $207,882 $125,385 $333,267 $4,428

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,642 sqft
Lot size
6,200 sqft
ZIP code
95118
City
San Jose
Street
Melwood Dr
Coordinates
37.24926, -121.89017

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$10,920
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1407 Melwood Dr last sell?
1407 Melwood Dr most recently sold on Jun 14, 2022 for $1,820,000.
What is the current tax assessment for 1407 Melwood Dr?
The most recent total assessment for 1407 Melwood Dr (year 2025) is $1,931,398 with $26,205 in property tax.
How does 1407 Melwood Dr's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $1,820,000.
When was 1407 Melwood Dr built?
1407 Melwood Dr was built in 1960.
How does 1407 Melwood Dr compare to others on Melwood Dr?
We track 8 other properties on Melwood Dr. Browse the list under "Other properties on Melwood Dr" to compare beds, baths, and sale history.
What are the property facts for 1407 Melwood Dr?
1407 Melwood Dr is a 3 bed, 2 bath, 1,642 sqft, 6,200 sqft lot single_family.
Is 1407 Melwood Dr a flip candidate?
No — 1407 Melwood Dr does not appear in our flips dataset.
Is 1407 Melwood Dr a tax-appeal candidate?
No — 1407 Melwood Dr 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
+3.2%
Implied 1-yr
+12.8%
2026 Q2
$1.96M
2026 Q3
$2.01M
ZIP 95118 — Median Price History + Forecast

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