For SaleRisky Deal1 days on market
387 N Melrose Dr Unit D
387 N Melrose Dr Unit D, Vista, CA 92083, Vista, CA 92083
$498,000
Estimate®:$496,200
Listing Price
387 N Melrose Dr Unit D, Vista, CA 92083
Loc: Vista, CA
Days Listed
1
Tax Assessed
$193k
Estimate®
$496k
Market Rate
Lot Size
1.32 acres
Rent Estimate
$2,599/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.
3
Grapevine Elementary School
K-5
1.2 mi away
3
Madison Middle School
6-8
2 mi away
6
Rancho Buena Vista High School
9-12
2.8 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
Condominium1984Forced Air UnitCentral Forced Air1 Garage space$620 monthly2 Days$432
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.93%
Total ROI
44.3%
Cash Flow
$-952/mo
DSCR
0.63
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-952/mo net cash flow with a 3.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Vista, 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 |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $498,000 | $432 |
| 2026-09-20 | Listing removed | $527,000 | $457 |
| 2026-09-14 | Price change | $527,000 | $457 |
| 2026-08-26 | Listed for sale | $546,000 | $474 |
| 2026-03-16 | Sold | $375,000 | $326 |
| 2026-03-03 | Pending sale | $375,000 | $326 |
| 2026-02-28 | Listed for sale | $375,000 | $326 |
| 2025-12-17 | Pending sale | $375,000 | $326 |
| 2025-12-06 | Listed for sale | $375,000 | $326 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2026 | $0 | $193,136 |
| 2025 | $2,899.62 | $189,350 |
| 2024 | $2,776.36 | $185,639 |
| 2023 | $2,726.96 | $182,000 |
| 2022 | $2,721.76 | $178,432 |
| 2021 | $2,663.6 | $174,934 |
| 2020 | $2,642.96 | $173,141 |
| 2019 | $1,884.5 | $169,747 |
| 2018 | $2,514.46 | $166,420 |
| 2017 | $2,480.82 | $163,158 |
| 2016 | $2,425.16 | $159,960 |
| 2015 | $2,408.48 | $157,558 |
| 2014 | $2,354.12 | $154,473 |
| 2013 | $0 | $153,776 |
| 2012 | $0 | $150,762 |
| 2011 | $0 | $147,807 |
| 2010 | $0 | $146,703 |
| 2009 | $0 | $147,052 |
| 2008 | $0 | $144,169 |
| 2007 | $0 | $141,343 |
| 2006 | $0 | $138,573 |
| 2005 | $0 | $135,857 |
| 2004 | $0 | $133,194 |
| 2003 | $0 | $130,754 |
| 2002 | $0 | $128,192 |
| 2001 | $0 | $125,680 |
Similar Properties Nearby
Explore other investment opportunities in Vista.