4900 Melville Drive

Local assessors in Midland, TX have categorized 4900 Melville Drive as a type of property. The home was built in 1989 and is 37 years old. The property's lot size has been calculated to be 7,492 square feet. If we look only at the heated or air conditioned part of the building, then 4900 Melville Drive has a total of 2,234 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Residents rely on for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 9, 2018 for $345,300. That's $154.57 per sqft. Prior to that sales transaction, the property was also sold in Jan 7, 2014 for $245,000. 4900 Melville Drive was last assessed in 2019. The total value of the property was assessed at $322,780. Specifically, the land the property is located on was valued at $18,750. While improvements on the property were assessed at a total of $304,030. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $498,008. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.