For SaleRisky Deal3 days on market
514 S Melrose St
514 S Melrose St, Anaheim, CA 92805, Anaheim, CA 92805
$529,000
Estimate®:$523,200
Listing Price
514 S Melrose St, Anaheim, CA 92805
Loc: Anaheim, CA
Days Listed
3
Tax Assessed
$541k
Estimate®
$523k
Market Rate
Lot Size
0.51 acres
Rent Estimate
$2,710/mo
Est. Cash Flow base
Type
condo
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Jefferson (Thomas) Elementary School
K-6
0.4 mi away
2
South Junior High School
7-8
1.4 mi away
4
Katella High School
9-12
1.3 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Mediterraneanstucco exteriortownhousebalconypergolalandscapedmulti-storysuburbanpalm treesresidentialwell-maintainedarched architectural detailsbrick accents
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.37%
Total ROI
32.0%
Cash Flow
$-1,261/mo
DSCR
0.54
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,261/mo net cash flow with a 3.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Anaheim, CA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $529,000 | $755 |
| 2023-02-03 | Sold | $510,000 | $728 |
| 2023-01-04 | Pending sale | $509,900 | $727 |
| 2022-12-22 | Contingent | $509,900 | $727 |
| 2022-12-07 | Listed for sale | $509,900 | $727 |
| 2020-02-25 | Sold | $413,000 | $589 |
| 2020-01-23 | Pending sale | $419,900 | $599 |
| 2020-01-04 | Listed for sale | $419,900 | $599 |
| 2017-12-17 | Listing removed | $1,900 | $3 |
| 2017-11-17 | Price change | $1,900 | $3 |
| 2017-10-28 | Listed for rent | $2,000 | $3 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $541,216 |
| 2025 | $6,426 | $530,604 |
| 2024 | $6,102 | $520,200 |
| 2023 | $6,284.39 | $434,135 |
| 2022 | $5,077.56 | $425,623 |
| 2021 | $5,086.74 | $417,278 |
| 2020 | $5,425.39 | $322,591 |
| 2019 | $4,034.04 | $316,266 |
| 2018 | $3,916.18 | $310,065 |
| 2017 | $3,687.78 | $303,986 |
| 2016 | $3,687.78 | $298,026 |
| 2015 | $3,676.78 | $293,550 |
| 2014 | $3,422.96 | $287,800 |
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