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Single Family ResidenceResidential
$671,556$421 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 98How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026
Last sold for $360,000 on Jan 21, 2014

1240 MELVILLE DR

RIVERSIDE, CA 92506
3
Beds
2.5
Baths
1,594 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.31 ac
Lot SizeThe size of the land the home sits on, from county records.
1987
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$672K
$659K low$684K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$360,000 · Jan 21, 2014
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$209,214
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$167,371
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.69%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$337,000
US BANK NA · recorded Oct 17, 2017
2nd MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$125,342
US BANK NA

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,542 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$504,243 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$125,030
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$379,213
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$494,357
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$536,040

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyRIVERSIDE
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1988
Lot (acres)The size of the land the home sits on, from county records.0.31
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Tile
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.Yes

Transaction History(8)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
William Howard Taft Elementary SchoolB-
Elementary · Grades KG–6 · 0.3 mi
H
Martin Luther King High SchoolA
High · Grades 9–12 · 3.3 mi
M
Amelia Earhart Middle SchoolA-
Middle · Grades 7–8 · 3.3 mi

District: Riverside Unified School District

Neighborhood · ZIP 92506These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.65
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.104
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.350

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.22%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.4%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.7%
PopulationHow many people live in this area.47,695
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,910 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$109,200
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$137,774
Average tempThe average temperature here across a full year.64°F
Annual precipHow much rain and melted snow falls here in a typical year.11 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.68%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1240 Melville Dr measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 67% of homes in Riverside County
  • Costs more per square foot than 86% of homes in Canyon Crest
  • Smaller than 75% of homes in Canyon Crest
  • Has a bigger lot than 70% of homes in Riverside County
  • Newer than 80% of homes in Riverside 92506

What homes are worth in Riverside 92506

Each bar is how many homes fall in that price range. The marker is this home.

This home
$438K$1.9M

This home is worth more than 43% of homes in Riverside 92506.

How it measures up in Riverside 92506

The dot is this home. The mark in the middle is the typical home in Riverside 92506.

Estimated value$671,556
CheaperTypical $700,800Pricier

Pricier than 43% of homes nearby

Price per ft²$421
CheaperTypical $390Pricier

Pricier than 64% of homes nearby

Living area1,594 ft²
SmallerTypical 1,808 ft²Bigger

Bigger than 38% of homes nearby

Lot size0.31 ac
SmallerTypical 0.24 acBigger

Bigger than 67% of homes nearby

Year built1987
OlderTypical 1965Newer

Newer than 80% of homes nearby

How 1240 Melville Dr ranks against every home in each area.
MeasureThis homeCanyon CrestRiverside 92506Riverside County
Estimated valuepricier than$671,55637% of homes43% of homes67% of homes
Price per ft²pricier than$42186% of homes64% of homes84% of homes
Living areabigger than1,594 ft²25% of homes38% of homes39% of homes
Lot sizebigger than0.31 ac65% of homes67% of homes70% of homes
Year builtnewer than198765% of homes80% of homes40% of homes

About 1240 Melville Dr

How much is 1240 Melville Dr, Riverside, CA worth?

The TopHap Estimate for 1240 Melville Dr, Riverside, CA is $671,556 as of Jul 14, 2026. The likely range is $658,952 to $684,160. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1240 Melville Dr, Riverside, CA last sell?

1240 Melville Dr, Riverside, CA last sold on Jan 21, 2014 for $360,000, according to the county's recorded deed. TopHap holds 3 recorded sales for this parcel.

How big is 1240 Melville Dr, Riverside, CA?

1240 Melville Dr, Riverside, CA has 3 bedrooms, 2.5 bathrooms, 1,594 square feet of living space and a 0.31-acre lot.

When was 1240 Melville Dr, Riverside, CA built?

1240 Melville Dr, Riverside, CA was built in 1987, making it 39 years old. The building has 2 stories.

What schools serve 1240 Melville Dr, Riverside, CA?

1240 Melville Dr, Riverside, CA is assigned to William Howard Taft Elementary School (elementary), rated B-; Martin Luther King High School (high), rated A; Amelia Earhart Middle School (middle), rated A-. All sit in Riverside Unified School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1240 Melville Dr, Riverside, CA compare to other homes in Riverside 92506?

Among the 14,877 homes in Riverside 92506, it is worth more than 43% of them ($671,556 against a typical $700,800), its price per square foot is higher than 64% of them ($421 against a typical $390), it is bigger than 38% of them (1,594 ft² against a typical 1,808 ft²), its lot is bigger than 67% of them (0.31 ac against a typical 0.24 ac) and it is newer than 80% of them (1987 against a typical 1965). Measured against all of Riverside County, it is worth more than 67% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1240 Melville Dr, Riverside, CA?

The 2025 property tax bill for 1240 Melville Dr, Riverside, CA was $5,542. The county assessed it at $504,243.

Closest homes

More homes in Riverside 92506

Assigned schools

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