NOT LISTED FOR SALE

8457 Melrose Ln El Cajon, CA 92021

Estimated Value: $746,000 - $821,228

3 Beds
2 Baths
1,302 Sq Ft
$612/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $555,000 $426 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,799/month

6 Days on Market

Highlights

  • Laundry Room
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of October 2019

**Seller will entertain offers between 519,000-549,000.** Pride in ownership shines through in this one. Recently updated flooring, paint, master bath as well as recent updates to the yard. Newer roof replaced in the last two years, newer HVAC system with all new ducting that was replaced approximately two years ago. Close to schools, shops and restaurants in the area. Enjoy walks in the quiet neighborhood or relax out in the backyard in the underground spa. See Supplement!! This home is perfect for entertaining and has room for RV/boat parking. Don't miss this one!!. Neighborhoods: Casta Del Sol Equipment: Garage Door Opener Other Fees: 0 Sewer: Sewer Connected Topography: LL

Last Agent to Sell the Property

Josh Royer

Steele Canyon Realty License #02020167 Listed on: 09/05/2019

Last Buyer's Agent

Steven Beaupre

Compass License #02036542

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 9,932

Parking

  • 6 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Driveway
  • On-Street Parking

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,302 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace

Kitchen

  • Convection Oven
  • Gas Oven or Range
  • Gas Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 4004613000

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: El Cajon
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4004613000
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1302.00
  • Stories: 1
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 426.27

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Street
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Gas Cooktop, Gas Cooking
  • Heating Type: Natural Gas, Fireplace(s), Forced Air
  • Laundry Features: Washer Hookup, Gas & Electric Dryer Hookup, In Garage
  • Cooling: Central Air
  • Cooling: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2023
Sold by
Wallace Daniel G
Bought by
Wallace Daniel G and Wallace Anna M
Current Estimated Value
$796,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,500
Outstanding Balance
$597,714
Interest Rate
7.7%
Mortgage Type
FHA
Estimated Equity
$199,093

Purchase Details

Listed on
Sep 5, 2019
Closed on
Oct 11, 2019
Sold by
Wallace Anna M
Bought by
Wallace Daniel G
Seller's Agent
Josh Royer
Steele Canyon Realty
Buyer's Agent
Steven Beaupre
Compass
List Price
$519,000
Sold Price
$555,000
Premium/Discount to List
$36,000
6.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$544,947
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 5, 2019
Closed on
Sep 16, 2019
Sold by
Strand Austin and Strand Amy
Bought by
Wallace Daniel G
Seller's Agent
Josh Royer
Steele Canyon Realty
Buyer's Agent
Steven Beaupre
Compass
List Price
$519,000
Sold Price
$555,000
Premium/Discount to List
$36,000
6.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,947
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2017
Sold by
Schlenker Harlan D and Schlenker Laura J
Bought by
Strand Austin and Bates Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,124
Interest Rate
3.97%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 2004
Sold by
Schlenker Harlan and Schlenker Laura
Bought by
Schlenker Harlan D and Schlenker Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,900
Interest Rate
6.29%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 13, 1999
Sold by
Mcdonald and Terri
Bought by
Schlenker Harlan and Schlenker Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,454
Interest Rate
7.56%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 1985

Purchase Details

Closed on
Jul 25, 1984
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wallace Daniel G -- Pacific Coast Title Company
Wallace Daniel G -- Chicago Title
Wallace Daniel G $555,000 Chicago Title Company
Strand Austin $490,000 Lawyers Title Company
Schlenker Harlan D -- Commonwealth Land Title Co
Schlenker Harlan $219,000 Fidelity National Title
-- $121,900 --
-- $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Daniel G $610,500
Previous Owner Wallace Daniel G $544,947
Previous Owner Strand Austin $481,124
Previous Owner Schlenker Harlan D $304,900
Previous Owner Schlenker Harlan $212,454
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2019 10/25/19 Sold $555,000 +6.9% $426 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $519,000 -- $399 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,880 $606,968 $228,408 $378,560
2024 $7,880 $595,068 $223,930 $371,138
2023 $7,659 $583,401 $219,540 $363,861
2022 $7,516 $571,963 $215,236 $356,727
2021 $7,423 $560,749 $211,016 $349,733
2020 $7,308 $555,000 $208,853 $346,147
2019 $6,796 $509,794 $191,841 $317,953
2018 $6,643 $499,799 $188,080 $311,719
2017 $3,978 $290,006 $109,133 $180,873
2016 $3,805 $284,321 $106,994 $177,327
2015 $3,779 $280,051 $105,387 $174,664
2014 $3,711 $274,566 $103,323 $171,243
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 190049509

California Regional Multiple Listing Service (CRMLS)

APN: 400-461-30