When was property at 2724 Melrose Drive built and last sold?

The property at 2724 Melrose Drive was built in 1972 and last sold on Aug 9, 2022 for $465,500.

How much is this home worth?

The estimated value of the home located at 2724 Melrose Drive is $489,850.

What are some comparable homes to 2724 Melrose Drive?

There are currently no comparable homes to 2724 Melrose Drive.

Plano

75075

Caddo Park

2724 Melrose Drive

$500,000

● House - Off Market

2724 Melrose Drive

Plano, TX 75075

3 Beds

0 Bath

2,156 Ft²

$478,445

RealtyHop Estimate

-1.35%

Since Sep 1, 2022

TX-Dallas

Primary Model

About This Property

UPDATED home situated on LARGE CUL-DE-SAC LOT! Highly desirable neighborhood in the heart of Plano. Wonderful drive-up with towering trees & beautiful steel front door. Hand-scraped wood floors, vaulted ceilings w beams & designer colors are just the start! Spacious combo living-dining room. Family room w vaulted ceiling, GORGEOUS gas log marble FP & smooth textured walls. Farmhouse doors to 3rd living room & overlooks patio-backyard! Kitchen & breakfast room w sliding door that leads to large side yard. Combo laundry & mudroom w walk-in pantry! Master suite has beautifully renovated bath. 2nd & 3rd bedrooms have large windows that provide natural light. Hall bath w travertine &dual sinks. HUGE PRIVATE BACKYARD has patio for entertaining, storage shed & wood fence gated across driveway. HVAC & Hybrid WH 2018; Roof 2017; Filtration System 2018; Windows 2020 with lifetime warranty.

Unit Size

2,156 Ft²

Days on Market

Land Size

0.32 acres

Price per sqft

$225

Property Type

House

Property Taxes

$514

HOA Dues

Year Built

1972

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (NTREIS #20074188)

Price History

Date / Event	Date	Event
Aug 10, 2022	Sold	Premium
Sold
Jun 2, 2022	Listed by Keller Williams Central	$485,000
Listed by Keller Williams Central

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1972

Effective Year Built: 2000
Building Count: 2
Bedroom Count: 0
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 0
Building Quality: 0
Construction Type: 17
Building Style: 0
Exterior Walls Type: 2
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 483
Parking Space Count: 2
Patio Type: 0
Porch Type: 139
Pool Type: 0

Dimensions

Lot Size Square Feet: 14,058

Total Building Area: 2,639
Gross Building Area: 2,803
Building Area: 2,156
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 2,156
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: PARK BLVD ESTATES WEST NO 2-B (CPL)
Land Acres: 0000000323
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A1
Legal Description 1: PARK BLVD ESTATES WEST NO 2-B (CPL), BLK J, LOT 32

Neighborhood

School District Name: Plano Independent School District

School Tax School District: PLANO ISD
Census Tract: 031627

Zoning

Zoning: SFR

Geography

Assessors Map Reference: 635-M

District: CPL
Parcel: R-0347-010-0320-1
Block: J
Lot: 32
Municipality: PLANO CITY
Latitude: 33.0385
Longitude: -96.7446

Address

Full Address: 2724 Melrose Dr

Address - House Number: 2724
Address - Street Name: Melrose
Address - Suffix Type: Dr
State: TX
City Name: Plano
Carrier Code: C047
4-Digit Zip Code: 1931
Zip Code: 75075

Valuation

Tax

Tax Year: 2023

Tax Amount: $786,943
Tax Rate Code Area: SPL

Appraisal Valuation

Standard Deviation: 0.2173

Valuation Date: Jan 17, 2024
Confidence Score: 70
Final Value: 494,257
High Value: 601,685
Low Value: 386,828

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $455,931

Market Land Value: $99,000
Market Improvement Value: $356,931

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $455,931
Assessed Land Value: $99,000
Assessed Improvements Value: $356,931

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Aug 09, 2022

Current Sale Recording Date: Aug 10, 2022
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 122692
Previous Sale Recording Date: Feb 13, 2018
Previous Sale Contract Date: Feb 08, 2018
Previous Sale Amount: $331,900
Previous Sale Document Type: 70

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Caddo Park

Stats & Trends

Median Asking:

$460,000

Sale Price/ft²

$218

Below Asking

0.02%

Average Days on Market

Average Home Size

2241 ft²

Average Home Age

50.4 years

Currently For Sale

14 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2204 W Park Boulevard, Plano, TX, 75075

$2,500 /mo

3 Beds
2 Baths
1,292 ft²

2204 W Park Boulevard #2901, Plano, TX, 75075 Listing by Kevin Lieu

Unit for rent at 1809 Geneva Lane, Plano, TX, 75075

$2,540 /mo

3 Beds
2 Baths
2,080 ft²

1809 Geneva Lane, Plano, TX, 75075 Listing by Chelsea Holguin

Unit for rent at 3346 Lanarc Drive, Plano, TX, 75023

$2,400 /mo

3 Beds
2 Baths
1,586 ft²

3346 Lanarc Drive, Plano, TX, 75023 Listing by Kirk Scott

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Angela Green, Keller Williams Central
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20074188
Details provided by NTREIS and may not match the public record

2724 Melrose Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Caddo Park

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions