When was property at 5016 Melbourne Drive built and last sold?

The property at 5016 Melbourne Drive was built in 1950 and last sold on Nov 6, 2020 for $255,300.

How much is this home worth?

The estimated value of the home located at 5016 Melbourne Drive is $0.

What are some comparable homes to 5016 Melbourne Drive?

There are currently no comparable homes to 5016 Melbourne Drive.

Fort Worth

76114

5016 Melbourne Drive

$300,000

● House - Off Market

5016 Melbourne Drive

Fort Worth, TX 76114

3 Beds

0 Bath

1,554 Ft²

$1,949

Est. Monthly

6.70%

Cap Rate

About This Property

Take a look at this beautiful home nestled in the ever-growing River District! It consists of two living areas, 3 bedrooms, and 2 full bathrooms with updates throughout; including a new furnace installed in 2020. The primary bedroom has a large walk-in closet that gives access to the next bedroom, perfect for a nursery. The back yard consists of a large covered patio perfect for entertaining during the summer months, and spacious back yard with beautiful pecan trees that give off just the perfect amount of shade. Minutes from downtown and walking distance to new and exciting retail and restaurants in the River District, schedule a tour today!

Unit Size

1,554 Ft²

Days on Market

Land Size

0.18 acres

Price per sqft

$192

Property Type

House

Property Taxes

$480

HOA Dues

Year Built

1950

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (NTREIS #20699178)

Price History

Date / Event	Date	Event
Sep 13, 2024	Sold	Premium
Sold
Aug 15, 2024	In contract	-
In contract
Aug 9, 2024	Listed by Compass RE Texas, LLC	$299,000
Listed by Compass RE Texas, LLC
Nov 6, 2020	Sold	Premium
Sold
Jul 17, 2020	Listed by The Vaile Group Real Estate	$225,330
Listed by The Vaile Group Real Estate

	This beautiful spacious home nestled in the ever-growing River District. It consists of two living areas, 3 bedrooms, and 2 full bathrooms. The Master bedroom has a large walk-in closet that gives access to the next bedroom, perfect for a nursery. The back yard consists of a large covered patio perfect for entertaining during the summer months, spacious back yard with beautiful pecan trees that give off just the perfect amount of shade and is equipped with two sheds. Minutes from downtown and 7th Street and walking distance to new and exciting retail and restaurants of Elan River District.

Property Highlights

Garage

Building Info

Overview

General

Year Built: 1950

Effective Year Built: 1995
Building Count: 1
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 3
Building Quality: 7
Construction Type: 6
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 1
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 7
Garage Square Area: 240
Parking Space Count: 1
Patio Type: 59
Porch Type: 36
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,894

Total Building Area: 1,554
Gross Building Area: 1,554
Building Area: 1,554
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,554
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: MAYS, CLYDE W ADDITION
Land Acres: 0000000181
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A
Legal Description 1: MAYS, CLYDE W ADDITION BLOCK 12 LOT 11

Neighborhood

School District Name: Castleberry Independent School District

School Tax School District: CASTLEBERRY
Census Tract: 100700

Geography

Assessors Map Reference: 61-T

Account Number: 01679716
District: 026
Parcel: 01679716
Block: 12
Lot: 11
Municipality: FORT WORTH
Latitude: 32.7637
Longitude: -97.3952

Address

Full Address: 5016 Melbourne Dr

Address - House Number: 5016
Address - Street Name: Melbourne
Address - Suffix Type: Dr
State: TX
City Name: Fort Worth
Carrier Code: C015
4-Digit Zip Code: 3926
Zip Code: 76114

Valuation

Tax

Tax Year: 2023

Tax Amount: $413,824
Tax Rate Code Area: 917

Appraisal Valuation

Standard Deviation: 0.2279

Valuation Date: Feb 21, 2024
Confidence Score: 68
Final Value: 330,868
High Value: 406,279
Low Value: 255,458

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: $261,285

Market Land Value: $47,364
Market Improvement Value: $213,921

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $261,285
Assessed Land Value: $47,364
Assessed Improvements Value: $213,921

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Nov 06, 2020

Current Sale Recording Date: Nov 10, 2020
Current Sale Price:

Premium
Current Sale Document Type: 70
Current Sale Input Document Number: D220293776
Previous Sale Recording Date: Jan 04, 2016
Previous Sale Contract Date: Dec 31, 2015
Previous Sale Amount: $106,300
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 Fort Worth

Stats & Trends

Median Asking:

$336,900

Sale Price/ft²

$178

Below Asking

0.02%

Average Days on Market

Average Home Size

2104 ft²

Average Home Age

29.9 years

Currently For Sale

3632 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

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$2,200 /mo

2 Beds
1 Bath
1,022 ft²

6404 Malvey Avenue, Fort Worth, TX, 76116 Listing by Shauna Tucker

Unit for rent at 601 Westview Avenue, Fort Worth, TX, 76107

$2,200 /mo

3 Beds
1 Bath
1,425 ft²

601 Westview Avenue, Fort Worth, TX, 76107 Listing by Carter Llewellyn

Unit for rent at 5700 Pershing Avenue, Fort Worth, TX, 76107

$2,025 /mo

2 Beds
1 Bath
1,175 ft²

5700 Pershing Avenue, Fort Worth, TX, 76107 Listing by Heather Carlile

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Christian Fussell, Compass RE Texas, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20699178
Details provided by NTREIS and may not match the public record

5016 Melbourne Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Fort Worth

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions