345 N Melrose Dr H, Vista, California 92083, Vista, 92083 - 2 bed, 2 bath
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345 N Melrose Dr H
Vista, California 92083
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,152Sq Ft
0Lot Size
Property Price
LIST PRICE$439,000
EST. MARKET VALUE
$442,776
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $469,000—positioned well below the $470,970 Fair Market Value by 0.42%. This valuation gap offers $1,970 in Instant Equity. Featuring a recently remodeled primary bathroom and a Condition Rating of 3, the home provides a move-in ready lifestyle with access to a pool and spa. Located just 0.32 miles from Olive Elementary, it is an ideal choice for first-time buyers or Owner-Occupants seeking a stable, well-maintained residence.
Estimated Market Value
$442,776
Based on Realkey algorithm analyzing recent comparable sales in Vista.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 345 N Melrose Dr H Subject | $439,000* List Price | 2 | 2 | 1,152 | $384 | - |
A 363 N Melrose Sold | $528,000 | 3 | 2 | 1,298 | $407 | 0.0 mi |
B 383 N Melrose Drive G Sold | $530,000 | 3 | 2 | 1,298 | $408 | 0.0 mi |
C 313 N Melrose Sold | $447,000 | 2 | 2 | 1,172 | $381 | 0.1 mi |
D 317 N Melrose Dr G Sold | $449,900 | 2 | 2 | 1,172 | $384 | 0.1 mi |
E 379 N Melrose Sold | $535,000 | 3 | 2 | 1,298 | $412 | - |
F 359 N Melrose Drive H Sold | $512,500 | 2 | 2 | 1,152 | $445 | - |
G 345 N Melrose Dr C Sold | $553,000 | 3 | 2 | 1,298 | $426 | - |
H 355 N Melrose Drive N E Active | $525,000 List Price | 3 | 2 | 1,298 | $404 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1981, the property is well-maintained and move-in ready. It features a recently remodeled primary bathroom with modern large-format tile and updated fixtures. While some elements like the vertical blinds and ceramic tile flooring are dated, the overall condition is functional and clean, fitting the 5-15 year renovation/maintenance profile for key areas.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Primary Suite
The property features a recently remodeled primary bathroom with spa-inspired finishes and modern fixtures, offering a luxury feel that is rare at this price point.
- Turnkey Condition
Described as beautifully maintained and move-in ready, the home offers a functional floor plan with abundant natural light, minimizing the need for immediate post-purchase renovations.
- Strategic Location
Situated with excellent proximity to major freeways, shopping, and dining, the home is also within walking distance (0.32 miles) of Olive Elementary School, enhancing its appeal for families and commuters.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $620 is significant relative to the listing price, which may impact the debt-to-income ratio and overall monthly affordability for potential buyers.
- Aging Infrastructure
Built in 1981, the property and its complex may face challenges associated with older construction, such as potential future special assessments or the need for long-term maintenance of common areas.
About 345 N Melrose Dr H
Welcome to 345 N. Melrose Dr., Suite H, a beautifully maintained home offering comfort, style, and convenience in a desirable location. This inviting residence features a bright and functional floor plan with abundant natural light, spacious living areas, and a seamless flow perfect for both everyday living and entertaining. The recently remodeled primary bathroom is a standout feature, showcasing modern finishes, updated fixtures, and a fresh, spa-inspired design that adds a touch of luxury to the primary suite. The home also offers generously sized bedrooms, a well-appointed kitchen, and comfortable living spaces designed to fit today’s lifestyle. Conveniently located near shopping, dining, parks, schools, and major freeways, this property combines everyday convenience with exceptional value. Don’t miss the opportunity to make this move-in-ready home your own.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $620.0 / Month
Neighborhood Insights
Vista Unified Schools
Olive Elementary School
Grades K-5 • 0.3 mi
0/10
Madison Middle School
Grades 6-8 • 2.0 mi
5/10
Rancho Buena Vista High School
Grades 9-12 • 2.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 1.8 |
| Square foot | 1,152 | 969.471 |
| Lot Size | - | 103,338.582 |
| Price | $439.0K | $497.8K |
| Price per sq ft | $381 | $507 |
| Built year | 1981 | 1987 |
| HOA | $620.0 | $477 |
| Days on market | 42 | 55 |
Pricing History
Listed for Sale
Aug 18, 2026
$439,000
$469,000
-6% Price Drop
Initial Listing
Price Change
Jul 29, 2026
$469,000
Initial Listing
Sold
Nov 2, 2016
$280,000
Public Record
Sold
Dec 31, 2012
$134,500
Public Record
Sold
Sep 29, 2006
$295,000
Public Record
Sold
Aug 29, 2003
$229,000
Public Record
Sold
Jun 12, 2000
$120,000
Public Record