NOT LISTED FOR SALE

510 Basswood Ln Melissa, TX 75454

Estimated Value: $390,000 - $455,000

4 Beds
2.5 Baths
2,859 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 18, 2022

Current estimated payment $2,850/month

29 Days on Market

Highlights

  • Wood Flooring
  • 2-Car Garage with one garage door
  • Kitchen Island
  • Melissa Middle School Rated A
  • Eat-In Kitchen
  • Central Heating and Cooling System

About This Home

As of October 2022

Wonderful, completely renovated 2 story home with large, open floorplan, spacious kitchen with stainless steel appliances. Features a huge master bedroom, large game room over the garage, and 3 total living areas! Come see before this is gone!

Last Agent to Sell the Property

Kevin Hassell

Gridiron Group, LLC License #0691894 Listed on: 08/25/2022

Last Buyer's Agent

Jeana Caton

Funk Realty Group, LLC License #0739679

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,471

Year Built

  • Built in 2011

Lot Details

  • 6,316 Sq Ft Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2-Car Garage with one garage door

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,859 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace Features Blower Fan

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Harry Mckillop Elementary School
  • Melissa Middle School
  • Melissa High School

Utilities

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

Community Details

  • Association fees include security
  • See Agent HOA
  • Hunters Ridge Phase 3 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 2567040

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,471

Year Built

Built in 2011

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • 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
  • Attribution Contact: 214-923-2877
  • Special Features: None
  • Year Built: 2011

Interior Features

  • Square Footage: 2859.00
  • Fireplace Features: Blower Fan
  • Interior Amenities: Eat-in Kitchen, Kitchen Island
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater
  • Basement YN: No
  • Fireplaces: 1
  • Number Of Dining Areas: 2
  • Number Of Living Areas: 3
  • Room Count: 3

Beds/Baths

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

Exterior Features

  • Pool: No
  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: 2-Car Single Doors
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Security
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: see agent
  • HOA Management Company: see agent

Schools

  • School District: Melissa ISD
  • Elementary School: Harry Mckillop
  • Middle School: Melissa
  • High School: Melissa
  • School District: Melissa ISD

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Units: Square Feet
  • Lot Size Area: 6316.2000
  • Parcel Number: 2567040
  • Lot Size Acres: 0.1450
  • Lot Size Sq Ft: 6316.2000

Green Features

  • Smart Home Features Appor Pass Y: No

Building Info

  • Year Built: 2011

MLS Schools

  • Middle School Name: Melissa
  • Elementary School Name: Harry Mckillop
  • High School Name: Melissa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Oct 18, 2022
Sold by
4R S Investment Group Llc
Bought by
Redda Gebreegziabher and Gidey Samrawit
Seller's Agent
Kevin Hassell
Gridiron Group, LLC
Buyer's Agent
Jeana Caton
Funk Realty Group, LLC
List Price
$467,000
Views
12
Current Estimated Value
$425,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.87%
Original Mortgage
$436,939
Outstanding Balance
$420,546
Interest Rate
5.89%
Mortgage Type
FHA
Estimated Equity
$5,278

Purchase Details

Closed on
Nov 30, 2011
Sold by
D R Horton Texas Ltd
Bought by
Brooks Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,070
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2011
Sold by
Centurion Acquisitions L P
Bought by
D R Horton Texas Ltd
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
Redda Gebreegziabher -- Fair Texas Title
Brooks Jennifer L -- None Available
D R Horton Texas Ltd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Redda Gebreegziabher $436,939
Previous Owner Smith Jennifer Lee $175,000
Previous Owner Brooks Jennifer L $151,070
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold -- -- --
09/23/2022 09/23/22 Pending -- -- --
09/06/2022 09/06/22 Price Changed $449,900 -3.7% $157 / Sq Ft
08/25/2022 08/25/22 For Sale $467,000 -- $163 / 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
2024 $6,471 $409,051 $90,000 $319,051
2023 $6,471 $430,203 $90,000 $340,203
2022 $6,730 $315,544 $85,000 $324,290
2021 $6,534 $286,858 $55,000 $231,858
2020 $6,741 $276,953 $50,000 $226,953
2019 $6,918 $272,177 $50,000 $226,953
2018 $6,315 $247,434 $50,000 $219,864
2017 $5,741 $232,044 $50,000 $182,044
2016 $5,255 $225,388 $40,000 $185,388
2015 $3,917 $195,968 $35,000 $160,968
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20149131

North Texas Real Estate Information Systems (NTREIS)

APN: R-8668-00F-0110-1