NOT LISTED FOR SALE

501 E Melton St Longview, TX 75602

Estimated Value: $478,000 - $545,077

4 Beds
4.5 Baths
5,124 Sq Ft
$99/Sq Ft Est. Value

Last Sold September 17, 2021

Current estimated payment $3,389/month

17 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Central Heating and Cooling System
  • High Speed Internet
  • Wood Flooring
  • 2-Car Garage with two garage doors
  • Gated Home

About This Home

As of September 2021

TWO STORY FRENCH ESTATE situated on almost 2 picturesque acres. This home encompasses the best of both worlds with the architecture and style from 1937 with all the modern updates and conveniences of today. Truly a gem and one-of-a-kind find in Longview. Behind the iron gates of this home, you'll enjoy the privacy and grandeur this updated compound offers. Freshly painted exterior with over 4,300 sqft of main living space including areas for formal and casual living. If you're a chef, you'll enjoy cooking in this wonderfully updated kitchen. And if you're not, just enjoy plenty of conversations around the island and view everything pretty it has to offer. Stately iron balconies add to the history and charm. Multiple oversize rooms allow for versatile living. You'll be able to retreat and delight in the spacious primary suite offering a HUGE walk in closet and a magazine worthy bathroom with beautiful shower and freestanding tub. Living quarters above the 2 car garage offer another possibility for long or short term guests (even the mother-in-law). The outdoor iron pavilion with copper roof is just one more place to enjoy the lush yard. As an added bonus, there is a outdoor hot tub to enjoy your evenings and possibly take in a little star gazing. This home truly has it all. Call today to schedule a tour of this wonderful estate!

Last Agent to Sell the Property

Janti Patel

Ramsey Realty Group License #0702321 Listed on: 07/30/2021

Last Buyer's Agent

Janti Patel

Ramsey Realty Group License #0702321 Listed on: 07/30/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 1.95 Acre Lot
  • Gated Home
  • Stone Wall
  • Wrought Iron Fence

Parking

  • 2-Car Garage with two garage doors

Home Design

  • Midcentury Modern Architecture
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 5,124 Sq Ft Home
  • 2-Story Property
  • Wired For A Flat Screen TV
  • Wood Burning Fireplace
  • Wood Flooring

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Hudson Elementary School
  • Judson Middle School
  • Longview High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Community Details

  • Mobberly Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55307

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern
  • Structural Style: Single Detached
  • Unit Levels: Two
  • 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: 89.35402
  • Special Features: None
  • Year Built: 1937

Interior Features

  • Square Footage: 5124.00
  • Fireplace Features: Wood Burning
  • Interior Amenities: Flat Screen Wiring, High Speed Internet Available
  • Flooring: Wood
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Range, Refrigerator
  • Fireplaces: 1
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Room Count: 2

Beds/Baths

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

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: Gate, Wrought Iron, Rock/Stone
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: 2-Car Double Doors
  • GarageYN: Yes

Utilities

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

Condo/Co-op/Association

  • Association Type: None

Schools

  • School District: Longview ISD
  • Elementary School: Hudson
  • Primary School: Doris Mcqueen
  • High School: Longview

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 to < 3 Acres
  • Lot Size Units: Acres
  • Lot Size Area: 1.9500
  • Parcel Number: 55307
  • Lot Size Acres: 1.9500
  • Lot Size Sq Ft: 84942.0000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 1937

MLS Schools

  • MiddleOrJuniorSchool: Judson
  • Middle School Name: Judson
  • Elementary School Name: Hudson
  • High School Name: Longview

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 16, 2021
Sold by
Smelley John T and Smelley Crystal
Bought by
907 Destiny Trust
Seller's Agent
Janti Patel
Ramsey Realty Group
Buyer's Agent
Janti Patel
Ramsey Realty Group
List Price
$613,000
Current Estimated Value
$508,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.81%

Purchase Details

Listed on
Feb 11, 2021
Closed on
Mar 19, 2021
Sold by
Davis William E and Davis Annie S
Bought by
Smelley John T and Smelley Crystal
Seller's Agent
Julie Woods
Julie Woods & Associate RE Firm
Buyer's Agent
Janti Patel
Ramsey Realty Group
List Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
67.47%

Purchase Details

Closed on
Jun 7, 2010
Sold by
Pinson Sandra Jean and Smith William Allen
Bought by
Davis William E and Davis Annie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,200
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2008
Sold by
Smith William Allen
Bought by
Pinson Sandra Jean

Purchase Details

Closed on
Aug 6, 2007
Sold by
Steinmeyer Jeffrey J and Steinmeyer Catherine S
Bought by
Pinson Sandra Jean and Smith William Allen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
907 Destiny Trust -- None Listed On Document
Smelley John T -- Ctc
Davis William E -- Ctc
Pinson Sandra Jean -- None Available
Pinson Sandra Jean -- Ctc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis William E $271,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2021 09/17/21 Sold -- -- -- View Prior Sale
09/17/2021 09/17/21 Sold -- -- --
08/16/2021 08/16/21 Pending -- -- --
08/16/2021 08/16/21 Pending -- -- --
08/06/2021 08/06/21 Price Changed $550,000 -10.3% $107 / Sq Ft
07/30/2021 07/30/21 For Sale $613,000 0.0% $120 / Sq Ft
06/28/2021 06/28/21 For Sale $613,000 +44.2% $120 / Sq Ft
03/19/2021 03/19/21 Sold -- -- -- View Prior Sale
02/22/2021 02/22/21 Pending -- -- --
02/11/2021 02/11/21 For Sale $425,000 -- $83 / 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 $8,795 $467,030 $45,940 $421,090
2024 $88 $458,360 $47,000 $411,360
2023 $7,264 $366,480 $47,520 $318,960
2022 $9,838 $449,610 $39,600 $410,010
2021 $7,592 $335,830 $38,720 $297,110
2020 $7,684 $339,360 $39,600 $299,760
2019 $7,656 $334,990 $39,600 $295,390
2018 $7,224 $341,440 $40,480 $300,960
2017 $7,456 $326,250 $40,480 $285,770
2016 $7,333 $320,870 $39,600 $281,270
2015 $6,704 $317,190 $39,600 $277,590
2014 -- $334,110 $46,150 $287,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14638650

North Texas Real Estate Information Systems (NTREIS)

APN: 55307