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5403 Melrose Avenue

5403 Melrose Avenue, Dallas, TX 75206
Sold May 09, 2023
$1,271,480
$956,000 by American Mortgage Corporation
Mortgage Due Jun 01, 2053
Sold May 08, 2023
Transfer
5403 Melrose Avenue has been categorized by the local assessors in Dallas, TX as a residential type of property. The building on the property was first built in 2022 and is 2 years old. The home has a total of 6 bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5403 Melrose Avenue has 6,834 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,360 ft and across the front of the lot is 560 ft. The area measurement of the land has been determined as 7,616 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 924 sqft. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a cathedral style roof made of composition shingle. The exterior walls of the building are made of unknown. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5403 Melrose Avenue was last sold in May 8, 2023 for $1,271,480. According to our calculations, that's $163.89 per sqft. Current property owners are expected to pay $7,743 in taxes per year. The property on 5403 Melrose Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,251,420. To break that down further, the land itself was valued at $411,260. While improvements to the property were assessed at a total of $840,160. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Brick Exterior / Wood Exterior
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Fair
  • Construction Type: Frame
  • Building Style: Duplex
  • Roof Shape Type: Cathedral
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 924
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,616
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 560
  • Total Building Area: 7,758
  • Building Area: 6,834
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 6,834
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VICKERY PLACE
  • Land Acres: 0.175
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: VICKERY PLACE BLK 30/1949 LOT 30 MELROSE & GLENCOE INT202100163285 DD05272021 CO-DC 1949 030 03000 1001949 030

Ownership

  • Current Owner : MCLAUGHLIN CURT
  • Current Owner 2: RADPOUR SEPEADEH
  • Previous Owner : SAVANNAH CUSTOM BUILDERS LLC
  • Owner Before Previous Owner: SAVANNAH CUSTOM BUILDERS LLC

Neighborhood

  • School District Name: Dallas Independent School District
  • School Tax School District: DALLAS ISD
  • Census Tract: 001002

Zoning

  • Zoning: Z413

Geography

  • Assessors Map Reference: 000001880230000
  • Account Number: 000001880230000
  • Parcel: 00-00018-802-300-0000
  • Block: 30/19
  • Lot: 30
  • Municipality: DALLAS
  • Latitude: 32.8156
  • Longitude: -96.7773

    Address

  • Full Address: 5403 Melrose Ave
  • Address - House Number: 5403
  • Address - Street Name: Melrose
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Dallas
  • Carrier Code: C012
  • 4-Digit Zip Code: 7147
  • Zip Code: 75206

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,743
  • Tax Rate Code Area: DS

    Appraisal Valuation

  • Standard Deviation: 0.2271
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 68
  • Final Value: 1,268,721
  • High Value: 1,556,956
  • Low Value: 980,485

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $956,000
  • First Open Lien Mortgage Lender: AMERICAN MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: May 09, 2023
  • First Open Lien Mortgage Loan Amount: $956,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $1,251,420
  • Market Land Value: $411,260
  • Market Improvement Value: $840,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,251,420
  • Assessed Land Value: $411,260
  • Assessed Improvements Value: $840,160

    Sales

  • Current Sale Contract Date: May 08, 2023
  • Current Sale Recording Date: May 09, 2023
  • Current Sale Transaction ID: 11906531574
  • Current Sale Price: $1,271,480
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 90824
  • Previous Sale Recording Date: May 08, 2023
  • Previous Sale Contract Date: May 08, 2023
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN MORTGAGE CORPORATION
  • First Mortgage Transaction Date: May 09, 2023
  • First Mortgage Loan Amount: $956,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

About Central Dallas



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Frequently Asked Questions

What neighborhood is 5403 Melrose Avenue located in?
The 5403 Melrose Avenue is a land located in the neighborhood of Central Dallas in Central Dallas, Dallas.
What is the average sales price for listings in 5403 Melrose Avenue?
The average sales price for units in 5403 Melrose Avenue is $0 currently.

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