Dallas  »  75206  »  Central Dallas

5427 Melrose Avenue, Dallas, TX 75206

Central Dallas, Northeast Dallas
Building in Central Dallas
2 Stories
Built in 2018
Welcome to 5427 Melrose Avenue, a building located in Central Dallas, Northeast Dallas in Dallas, TX. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 2018. There are a total of 2 floors. In total, the building area is listed as 5,366 square feet. The depth of the property lot was measured at 1300 square feet and the front at 500 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but essentially heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. From what we gather, the control joints used in the construction of this particular building for contraction purposes were made of frame. The facade was constructed using alum/vinyl siding. The building class code for 5427 Melrose Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible. Thankfully, the overall condition of the building is considered to be excellent.

Moving on to what we know about the features and amenities in this building. Thankfully, there is a attached garage. The building depends on central air conditioning for cooling. Speaking of cooling systems, the heat in the building is controlled via a central heating system. The heating systems are fueld by gas. The code designated for the basement in this building was 5 which stands for: "building with no basement". Are you a fan of fireplaces? Good news! This property has one single fireplace. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has provided us with data that shows that the building has a ext:roof_type_code_text roof and it is made up of ext:roof_cover_code_text.

5427 Melrose Avenue was most recently sold on Mar 17, 2021 for $1,500,000. The market value for the land that the building sits on has been listed at $260,000. In addition, improvements upon the building have an added value of $1,157,600. In total, the total market value of the property as a whole is $1,417,600. This may be less relevant information, but according to local assessors, the total value of the building is currently valued at $1,417,600. Specifically, the value of the land that the property sits on has been assessed at $260,000. The building was last assessed in 2020. For those interested, the building is currently owned by AIJAZ AHSAN.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Central Dallas area have a median price of $1,845. Those in the 25th percentile, have a price around $1,298. While those in the 75th percentile, have a price around $2,847. Typically, the buildings in this area have a median sqft of 1,037. That means that the median price per sqft is around $23. In other words, the price per sqft for buildings in the 25th percentile is $19. While the price per sqft for buildings in the 75th percentile is $29. As a breakdown, we've included the following stats:

- There are currently a total of 2 studio listings. The median price for these types of listings is $1,748. That's $26.34 price per sqft.
- There are currently a total of 244 one bedroom listings. The median price for these types of listings is $1,332. That's $23.82 price per sqft.
- There are currently a total of 210 two bedroom listings. The median price for these types of listings is $2,400. That's $22.50 price per sqft.
- There are currently a total of 60 three bedroom listings. The median price for these types of listings is $3,450. That's $22.87 price per sqft.
- There are currently a total of 7 four bedroom listings. The median price for these types of listings is $5,995. That's $22.76 price per sqft.

5427 Melrose Avenue is located in Dallas County, Texas. There are 2,513,054 people living here. There are 894,542 households. Most of these households have an average family size of 3.48 people. According to the census, 49% are currently renting while 51% own their homes. The median age of this population is around 33.2 years old. On average, most folks in the county are unmarried. About 42% of folks speak a language other than English in this area. The area's employment rate is currently around 64%. Speaking of employment, the median income is $51,411. Most folks will commute by car for around 26.9 minutes. Finally, we know that 23% of residents in the area have graduated with their high school degree. Additionally, 19% and 11% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Dallas - Fort Worth - Arlington, TX Urban Area has a population of 5,516,663 people. Based on census records, there are 1,956,261 registered households. Families in this area are on average made up of 3.42 people per household. Most folks are unmarried. They are also typically around 34 years old. Does diversity matter to you? Right now, 34% of folks speak a language other than English here. About 43% rent while 57% purchased their homes. Right now, the community is made up of 22% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 11% have a Master's degree. The employment rate is currently around 65.1%. Those employed, have a median income of $59,725. If you move here, you can expect to commute mostly by car for around 27.2 minutes.

Facts
General
Actual Year Built
2018
Floor Count
2
Heated Square Feet
5,366
Unit Count
Living Units
1.00
Building Floor Area
Floor Area Ratios
Air Conditioning Type
1
Basement Type
5
Partial Bathrooms
2.00
Bathroom Fixture Number
0.00
Full Bathrooms
6.00
Building Area
5,366
Building Area Source
L
Building Condition
1
Building Quality
0
Gross Building Area
0.00
Construction Type
6
Exterior Walls Type
19
Fireplace Count
1.00
Floor Cover
0
Garage Type
1
Parking Space Count
2.00
Heating Fuel Type
3
Heat Code
3
Interior Walls Type
0
Lot Size Depth Feet
1300
Lot Size Frontage Feet
500
Lot Size Square Feet
6,500
Patio Type
0
Pool Type
0
Porch Type
0
Roof Cover Type
16
Roof Shape Type
6
Sewer System
0
Building Style
0
Basement Area
0.00
Total Building Area
5,366
Business/Commerical Units Count
0.00
Garage Square Area
400.00
Total Rooms
0.00
Water Service Type
2
Year Built
2018
Bedroom Count
6
Bathroom Count
7.00
Building
Building Type
0
County Land Use Code
18
Property Class ID
R
Standard Land Use Code
1001
Subdivision
VICKERY PLACE
Land Acres
0.149
Legal Description 1
VICKERY PLACE BLK 30/1949 LT 24 INT201700132989 DD05092017 CO-DC 1949 030 02400 1001949 030
Ownership
Current Owner
AIJAZ AHSAN
Current Owner's Full Name
AIJAZ AHSAN
Previous Owner
MELROSE AVENUE PARTNERS LLC
Owner Address - City
DALLAS
Owner Address - State
TX
Owner Address - ZIP Code
75206
Is Owner Occupied
Y
Owner First Name
AHSAN
Owner Last Name
AIJAZ
Ownership Rights Codes
SP
Neighborhood
School District Name
Dallas Independent School District
School Tax District Code 2
DC COMM COLLEGE
School Tax District Code 3
DALLAS
Census Tract
001002
Census Block Code
2022
Census Group
2
Census Year
2020
Census - Combined Statistical Area - Area Code
206
Census - Combined Statistical Area - Area Name
Dallas-Fort Worth, TX-OK
Census - County FIPS
48113
Census - Full FIPS
481130010022022
Census - Metropolitan Division - Area Code
19124
Census - Metropolitan Division - Area Name
Dallas-Plano-Irving, TX
Census - Metro Micro Statistical Area - Area Code
19100
Census - Metro Micro Statistical Area - Area Name
Dallas-Fort Worth-Arlington, TX
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
4819000
Census Source
US Census Bureau
Census State FIPS
48
Census Tract Code
001002
Local School District
DALLAS ISD
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
4816230
School District - Unified - Name
Dallas Independent School District
Zoning
Geography
Full Street Address
5427 MELROSE AVE
Assessors Map Reference
MAP 36-S
FIPS
48113
Mailing Carrier Code
C012
Mailing Full Street Address
5427 MELROSE AVE
Mailing House Number
5427
Mailing Street Mode
AVE
Mailing Street
MELROSE
Mailing 4-Digit Zip Code
7147
Municipality
DALLAS
Geo Status Code
B
Latitude
32.8156
Longitude
-96.7763
Carrier Code
C012
State
TX
4-Digit Zip Code
7147
Zip Code
75206
City Name
DALLAS
Parcel
00-00018-800-500-00-00
Block
1949
Lot
24
Address - House Number
5427
Address - Street Name
MELROSE
Address - Suffix Type
AVE
Valuation
Assessed Land Value
$260,000
Assessed Year
2020
Confidence Score
79
First Current Mortgage Recorders Document Number
202100081810
First Current Mortgage Lender
BANK OF AMERICA NA
First Current Mortgage Loan Amount
$1,200,000
First Current Mortgage Loan Due Date
20510401
First Current Mortgage Loan Type
20
First Current Mortgage Transaction Date
20210322
First Current Mortgage Terms
360
First Current Mortgage Financing Type
ADJ
Second Current Mortgage Loan Amount
$0
Second Current Mortgage Terms
0
Current Sale Transaction ID
11826193929
Current Sales Price
$1,500,000
Current Sales Price Type
43
Current Sale Contract Date
20210317
Current Sale Document Type
70
Current Sale Input Document Number
202100081809
Current Sale Recording Date
20210322
Final Value
752,045
High Value
876,396
Low Value
627,694
Market Total Value
$1,417,600
Market Improvement Value
$1,157,600
Market Land Value
$260,000
First Open Lien Mortgage Interest Rate Type
Y
First Open Lien Mortgage Lender
BANK OF AMERICA NA
First Open Lien Mortgage Position
1
First Open Lien Mortgage Loan Amount
$1,200,000
First Open Lien Mortgage Loan Due Date
20510401
First Open Lien Mortgage Loan Type
20
First Open Lien Mortgage Recording Date
20210322
First Open Lien Mortgage Term
360
First Open Lien Mortgage Transaction ID
11826193929
First Open Lien Mortgage Financing Type
ADJ
Second Open Lien Mortgage Position
0
Second Open Lien Mortgage Loan Amount
$0
Second Open Lien Mortgage Term
0
Second Open Lien Mortgage Transaction ID
0
Third Open Lien Mortgage Position
0
Third Open Lien Mortgage Loan Amount
$0
Third Open Lien Mortgage Term
0
Third Open Lien Mortgage Transaction ID
0
Fourth Open Lien Mortgage Position
0
Fourth Open Lien Mortgage Loan Amount
$0
Fourth Open Lien Mortgage Term
0
Fourth Open Lien Mortgage Transaction ID
0
Previous Mortgage Loan Amount
$0
Previous Mortgage Term
0
Previous Sale Transaction ID
0
Standard Deviation
0
Total Area
0.00
Tax Amount
$36,852
Tax Rate Code Area
DC DA DS P
Timestamp
2021-03-31 00:00:00
Total Open Liens Amount
$1,200,000
Total Open Liens
1
UCID Flag
C
Valuation Date
2021-03-23
Assessed Improvements Value
$1,157,600
Assessed Total Value
$1,417,600
Tax Year
2020
Neighborhood
$1,748
Studio Median Rent
$1,332
1BR Median Rent
$2,400
2BR Median Rent
$3,450
3BR Median Rent

Nearby Schools

(within attendance boundary)
GENEVA HEIGHTS EL  •  0.81 mi
2911 Delmar Ave, Dallas, TX 75206
Public  •  Elementary  •  Grades PK to 5
Dallas Independent School District
J L LONG MIDDLE  •  1.59 mi
6116 Reiger Ave, Dallas, TX 75214
Public  •  Middle School  •  Grades 6 to 8
Dallas Independent School District
WOODROW WILSON H S  •  1.67 mi
100 S Glasgow Dr, Dallas, TX 75214
Public  •  High School  •  Grades 9 to 12
Dallas Independent School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
Recent Units
Unit Bed Bath Price Listed On Status
Var 3BR 3.5 $5,750 Aug 28, 2021 Expired
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