NOT LISTED FOR SALE

1401 Melrose Dr Richardson, TX 75080

The Reservation Neighborhood

Estimated Value: $533,000 - $585,000

4 Beds
2.5 Baths
1,895 Sq Ft
$293/Sq Ft Est. Value

Last Sold March 24, 2020

Current estimated payment $3,668/month

215 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Bay Window
  • Richardson North Junior High School Rated A-
  • 2 Car Attached Garage
  • Home Security System

About This Home

As of March 2020

Located in sought after Reservation area, this delightful ranch is ready for you! Updates throughout including less than 1 yr old AC system, cedar fencing, full electrical panel, and completely renovated full baths and updated half bath. Beautiful floors welcome you into this expansive fireside family room with brick hearth and exposed beams that flows directly into breakfast area with bay window. Galley kitchen with gas range and subway tile backsplash. Spacious master boasts ensuite bath with tile shower and walk in closet. Patio overlooks private, lush backyard with many options for dining and entertaining!

Last Agent to Sell the Property

Chris Menegay

Bungalow Living Brokerage Inc. License #0627386 Listed on: 07/18/2019

Last Buyer's Agent

Jerry Clark

Jeff Duffey and Associates License #0724509

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,940

Year Built

  • Built in 1972

Lot Details

  • 9,104

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,895 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Bay Window
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Schools

  • Mohawk Elementary School
  • Richardson North Middle School
  • Pearce High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Energy-Efficient Appliances
  • Covered Patio or Porch
  • 9,104 Sq Ft Lot

Community Details

  • Richardson Heights Estates Subdivision

Listing and Financial Details

  • Legal Lot and Block 39 / 175
  • Assessor Parcel Number 42189501750390000
  • $9,465 per year unexempt tax

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,940

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Structural Style: Single Detached
  • Unit Levels: One
  • Security: Security System, Smoke Detector(s)
  • Year Built Details: Preowned
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 184.69657
  • Special Features: None
  • Year Built: 1972

Interior Features

  • Square Footage: 1895.00
  • Windows: Bay Window(s)
  • Fireplace Features: Gas Logs
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Gas Range, Gas Water Heater
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 1
  • Room Count: 2

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Covered Patio/Porch
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas
  • Utilities: City Water

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Richardson ISD
  • Elementary School: Mohawk
  • High School: Pearce
  • School District: Richardson ISD
  • Elementary School: Mohawk
  • Junior High School: Richardson North
  • High School: Pearce

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Acres
  • Lot Size Area: 0.2090
  • Parcel Number: 42189501750390000
  • Lot Size Acres: 0.2090
  • Lot Size Sq Ft: 9104.0400

Green Features

  • Efficiency: Appliances
  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1972

Tax Info

  • Unexempt Taxes: 9465
  • TaxBlock: 175
  • Tax Lot: 39

MLS Schools

  • MiddleOrJuniorSchool: Richardson North
  • Elementary School Name: Mohawk
  • High School Name: Pearce

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Mar 24, 2020
Sold by
Lewis Bryan and Lewis Rachel
Bought by
Lester Veronica M and Lester Lance G
Seller's Agent
Chris Menegay
Bungalow Living Brokerage Inc.
Buyer's Agent
Jerry Clark
Jeff Duffey and Associates
List Price
$385,000
Current Estimated Value
$556,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.58%
Original Mortgage
$299,000
Outstanding Balance
$265,452
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$290,549

Purchase Details

Closed on
Feb 6, 2015
Sold by
Gore Eric D and Gore Jessica
Bought by
Lewis Bryan and Lewis Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2010
Sold by
Springer Margaret
Bought by
Gore Eric D and Gore Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,375
Interest Rate
4.95%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lester Veronica M -- None Available
Lewis Bryan -- None Available
Gore Eric D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lester Veronica M $299,000
Previous Owner Lewis Bryan $256,500
Previous Owner Lewis Bryan $256,500
Previous Owner Gore Eric D $169,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2020 03/24/20 Sold -- -- --
02/18/2020 02/18/20 Pending -- -- --
02/15/2020 02/15/20 Price Changed $355,000 -0.3% $187 / Sq Ft
01/17/2020 01/17/20 Price Changed $355,900 -7.6% $188 / Sq Ft
07/18/2019 07/18/19 For Sale $385,000 -- $203 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,940 $493,760 $270,000 $223,760
2024 $7,940 $493,760 $270,000 $223,760
2023 $7,940 $418,830 $234,000 $184,830
2022 $9,830 $402,020 $234,000 $168,020
2021 $9,180 $350,030 $144,000 $206,030
2020 $9,345 $350,030 $144,000 $206,030
2019 $10,288 $367,200 $144,000 $223,200
2018 $9,026 $337,820 $117,000 $220,820
2017 $7,105 $266,100 $72,000 $194,100
2016 $7,105 $266,100 $72,000 $194,100
2015 $4,149 $262,060 $72,000 $190,060
2014 $4,149 $183,370 $45,000 $138,370
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Chris Menegay

    Bungalow Living Brokerage Inc.

    Section Image
  • Jerry Clark

    Buyer's Agent in 2020

    Jerry Clark

    Jeff Duffey and Associates

    (972) 365-4223

    11 Total Sales

    Jerry Clark
    Section Image
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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14142644

North Texas Real Estate Information Systems (NTREIS)

APN: 42189501750390000

Texas Dallas County Richardson 75080 The Reservation

1401 Melrose Dr, Richardson, TX

This home is located at 1401 Melrose Dr, Richardson, TX 75080 since 18 July 2019 and is currently estimated at $556,001, approximately $293 per square foot. This property was built in 1972. 1401 Melrose Dr is a home located in Dallas County with nearby schools including Richardson North Junior High School.

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