See Home Value
Magnolia 77354
553 Melton Street
$390,000 Last Listed Price
House - Off Market

553 Melton Street

Magnolia, TX 77354
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2430 Sqft
$438,927
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

What a rare find!  Peaceful country living in highly sought-after Magnolia.  This spacious home features an open concept living area with an EYE CATHCHING round fireplace, vaulted ceilings with wood beams and plenty of natural light!  Perfect for family gatherings or entertaining with both formal living and dining areas.  Three bedrooms, plus a good-sized bonus room that can be utilized as a fourth bedroom.  A spacious laundry room adjacent to the mud room.  Enjoy recent renovations including the oversized two car garage.  The yard is well shaded with mature native pecan trees.  Property is completely fenced and cross-fenced  and includes a large pole barn with 2 stalls and pens.  This beautiful 1.99 acre lot has NEVER FLOODED ! Bring your horses!  This is a MUST SEE!
Unit Size
2,430Ft²
Days on Market
138 days
Land Size
1.99 acres
Price per sqft
$160
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1975
Last updated: 6 months ago (HAR #67874795)

Price History

Date / Event Date Event Price
Oct 19, 2021 Sold to Christopher Lovelady, Crist... $333,000 - $407,000
Sold to Christopher Lovelady, Crist...
Jun 2, 2021 Listed by BHGRE Gary Greene $390,000
Listed by BHGRE Gary Greene
Oct 27, 2006 Sold to Gordon Novotny, Lisa M Novotny $152,000 - $184,000
Sold to Gordon Novotny, Lisa M Novotny

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 460
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 86,667
  • Total Building Area: 2,890
  • Building Area: 2,430
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,430
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SONES BENSON
  • Land Acres: 1.99
  • Standard Land Use Code: Single family residential
  • Legal Description 1: A0541 - SONES BENSON, TRACT 3-A, ACRES 1.9896

Ownership

  • Current Owner : LOVELADY CRISTALYNN
  • Current Owner 2: LOVELADY CHRISTOPHER
  • Previous Owner : NOVOTNY GORDON
  • Previous Owner 2: NOVOTNY LISA M
  • Owner Before Previous Owner: MCBRIDE RAY
  • Owner Before Previous Owner 2: MCBRIDE VERA MAE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Magnolia Independent School District
  • School Tax School District: LONE STAR COLLE
  • Census Tract: 690300

Zoning

  • Zoning: 2

Geography

  • Subdivision Tract Number: 3-A
  • Parcel: 0541-00-00301
  • Municipality: UNINCORPORATED AREA
  • Latitude: 30.2044
  • Longitude: -95.7395

    Address

  • Full Address: 553 Melton St
  • Address - House Number: 553
  • Address - Street Name: Melton
  • Address - Suffix Type: St
  • State: TX
  • City Name: Magnolia
  • Carrier Code: R034
  • 4-Digit Zip Code: 1760
  • Zip Code: 77354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,101
  • Tax Rate Code Area: SMA

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Sep 27, 2023
  • Confidence Score: 70
  • Final Value: 445,981
  • High Value: 541,635
  • Low Value: 350,327

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $296,000
  • First Open Lien Mortgage Lender: PARAMOUNT BANK
  • First Open Lien Mortgage Recording Date: Oct 19, 2021
  • First Open Lien Mortgage Loan Amount: $296,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $360,700
  • Market Land Value: $179,060
  • Market Improvement Value: $181,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $360,700
  • Assessed Land Value: $179,060
  • Assessed Improvements Value: $181,640

    Sales

  • Current Sale Contract Date: Oct 18, 2021
  • Current Sale Recording Date: Oct 19, 2021
  • Current Sale Transaction ID: 11860218376
  • Current Sale Price: $370,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2021145336
  • Previous Sale Recording Date: Oct 27, 2006
  • Previous Sale Contract Date: Oct 25, 2006
  • Previous Sale Amount: $168,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT BANK
  • First Mortgage Transaction Date: Oct 19, 2021
  • First Mortgage Loan Amount: $296,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FRANKLIN FINANCIAL CORP
  • Previous Mortgage Transaction Date: Oct 27, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $134,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Nov 01, 2036



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,427 ft²
$343,000 Jul 31, 2022
$309,000 - $377,000 Aug 25, 2022
$522/mo
House
3 Beds
3 Baths
2,328 ft²
$355,770 Aug 11, 2023
$320,000 - $390,000 Oct 9, 2023
$656/mo
House
3 Beds
2 Baths
2,567 ft²
$340,000 May 27, 2021
$306,000 - $374,000 Jul 1, 2021
$543/mo
House
3 Beds
2 Baths
2,139 ft²
$345,000 Apr 22, 2023
$311,000 - $379,000 Jun 14, 2023
$606/mo
House
3 Beds
2 Baths
2,246 ft²
$335,000 Jul 1, 2022
$302,000 - $368,000 Sep 2, 2022
$293/mo
House
3 Beds
3 Baths
1,957 ft²
$360,000 Aug 18, 2022
$324,000 - $396,000 Sep 23, 2022
$366/mo
House
3 Beds
2 Baths
2,391 ft²
$153/ft²
$365,000 Nov 17, 2023
-
$598/mo
House
3 Beds
2 Baths
2,146 ft²
$160/ft²
$344,000 Oct 21, 2023
-
$872/mo
House
3 Beds
2 Baths
1,984 ft²
$207/ft²
$409,900 Sep 4, 2023
-
$154/mo
House
4 Beds
3 Baths
2,324 ft²
$160/ft²
$370,990 Jan 3, 2024
-
$42/mo
House
4 Beds
2 Baths
2,405 ft²
$141/ft²
$339,900 Sep 22, 2023
-
$579/mo
House
4 Beds
2 Baths
2,203 ft²
$163/ft²
$357,990 Oct 10, 2023
-
$42/mo

About Magnolia


Similar Homes for Sale

Unit for sale at 111 Southern Red Oak Lane, Magnolia, TX 77354

$357,990

  • 4 Beds
  • 2 Baths
  • 2,203 ft²
111 Southern Red Oak Lane, Magnolia, TX 77354 Listing by Ronnie Matthews
Open House: 12PM - 5PM, Sat Jan 13
Unit for sale at 533 Copper Springs Drive, Magnolia, TX 77354

$370,990

  • 4 Beds
  • 3 Baths
  • 2,324 ft²
533 Copper Springs Drive, Magnolia, TX 77354 Listing by Ronnie Matthews
Unit for sale at 131 Harlequin Duck Court, Magnolia, TX 77354

$409,900

  • 3 Beds
  • 2 Baths
  • 1,984 ft²
131 Harlequin Duck Court, Magnolia, TX 77354 Listing by Robert Moore

Nearby Rentals

Unit for rent at 562 Broken Boulder Street, Magnolia, TX, 77354

$1,999 /mo

  • 3 Beds
  • 2 Baths
  • 1,360 ft²
562 Broken Boulder Street, Magnolia, TX, 77354 Listing by RH Advisors TX
Unit for rent at 18918 Knobby Oaks Place, Magnolia, TX, 77355

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,573 ft²
18918 Knobby Oaks Place, Magnolia, TX, 77355 Listing by RH Advisors TX
Unit for rent at 506 Satterwhite Lane, Magnolia, TX, 77354

$1,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,651 ft²
506 Satterwhite Lane, Magnolia, TX, 77354 Listing by RH Advisors TX


Frequently Asked Questions

When was property at 553 Melton Street built and last sold?
The property at 553 Melton Street was built in 1975 and last sold on Oct 18, 2021 for $370,000.
How much is this home worth?
The estimated value of the home located at 553 Melton Street is $394,765.
What are some comparable homes to 553 Melton Street?
There are currently no comparable homes to 553 Melton Street.

Quantcast