When was property at 501 Melrose Drive built and last sold?

The property at 501 Melrose Drive was built in 1959 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 501 Melrose Drive is $305,450.

What are some comparable homes to 501 Melrose Drive?

There are currently no comparable homes to 501 Melrose Drive.

Richardson

75080

Northrich

501 Melrose Drive

$301,111

● House - Off Market

501 Melrose Drive

Richardson, TX 75080

3 Beds

0 Bath

1,384 Ft²

$294,959

RealtyHop Estimate

-1.35%

Since Sep 1, 2022

TX-Dallas

Primary Model

About This Property

3 bed 2 bath property is being sold as is. Great investment opportunity. Foundation has been repaired with a transferable warranty. Sits on a nice lot in the heart of Richardson.

Unit Size

1,384 Ft²

Days on Market

Land Size

0.23 acres

Price per sqft

$216

Property Type

House

Property Taxes

$452

HOA Dues

Year Built

1959

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (NTREIS #20106593)

Price History

Date / Event	Date	Event
Aug 1, 2022	Sold	Premium
Sold
Jul 7, 2022	Listed by Coldwell Banker Realty Plano	$299,000
Listed by Coldwell Banker Realty Plano

Property Highlights

Air Conditioning

Garage

Building Info

Overview

General

Year Built: 1959

Effective Year Built: 1959
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 0
Construction Type: 6
Building Style: 0
Exterior Walls Type: 3
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 5
Basement Area: 0
Garage Type: 1
Garage Square Area: 483
Parking Space Count: 2
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 9,971

Lot Size Depth Feet: 1,250
Lot Size Frontage Feet: 800
Total Building Area: 1,867
Building Area: 1,384
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,384
Heating Fuel Type: 3

Utilities

Sewer System: 5

Water Service: 2

Building

Building Type: 0

Property Class: R
Subdivision: NORTHRICH WEST 2
Land Acres: 0000000229
Standard Land Use Code: 1001
County Land Use Code: A11
State Land Use Code: A11
Legal Description 1: NORTHRICH WEST 2 BLK G LT 38 INT202200211494 DD08012022 CO-DC 1175000803800 3CR11750008

Neighborhood

School District Name: Richardson Independent School District

School Tax School District: RICHARDSON ISD
Census Tract: 019211

Zoning

Zoning: Z272

Geography

Assessors Map Reference: 421175000803800

Account Number: 421175000803800
Subdivision Tract Number: 11750
Parcel: 42-11750-008-038-0000
Block: G
Lot: 38
Municipality: RICHARDSON
Latitude: 32.9692
Longitude: -96.7345

Address

Full Address: 501 Melrose Dr

Address - House Number: 501
Address - Street Name: Melrose
Address - Suffix Type: Dr
State: TX
City Name: Richardson
Carrier Code: C028
4-Digit Zip Code: 4236
Zip Code: 75080

Valuation

Tax

Tax Year: 2022

Tax Amount: $138,559
Initial Tax Delinquent Year: 2022
Tax Rate Code Area: RS

Appraisal Valuation

Standard Deviation: 0.1709

Valuation Date: Nov 15, 2023
Confidence Score: 78
Final Value: 307,235
High Value: 359,749
Low Value: 254,721

Market Valuation

Market Total Value: $290,050

Market Land Value: $63,000
Market Improvement Value: $227,050

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $290,050
Assessed Land Value: $63,000
Assessed Improvements Value: $227,050

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

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Comparables

About Northrich

Stats & Trends

Median Asking:

$394,750

Sale Price/ft²

$258

Below Asking

0.02%

Average Days on Market

Average Home Size

1522 ft²

Average Home Age

63.4 years

Currently For Sale

17 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 802 Kingswood Avenue, Richardson, TX, 75080

$2,500 /mo

4 Beds
2 Baths
1,392 ft²

802 Kingswood Avenue, Richardson, TX, 75080 Listing by Kevin Mamminga

Unit for rent at 628 Gray Stone Lane, Richardson, TX, 75081

$2,595 /mo

3 Beds
2 Baths
1,779 ft²

628 Gray Stone Lane, Richardson, TX, 75081 Listing by Ron Leach

Unit for rent at 636 Gray Stone Lane, Richardson, TX, 75081

$2,550 /mo

3 Beds
2 Baths
1,603 ft²

636 Gray Stone Lane, Richardson, TX, 75081 Listing by Ron Leach

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Carol Mear, Coldwell Banker Realty Plano
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20106593
Details provided by NTREIS and may not match the public record

501 Melrose Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Northrich

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions