1015 Ariel Way Unit 1 Melbourne, FL 32940
Suntree NeighborhoodEstimated Value: $670,000 - $777,000
            
                3
                Beds
            
            
            
                3
                Baths
            
            
            
                2,466
                Sq Ft
            
            
                
                    $284/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 1015 Ariel Way Unit 1, Melbourne, FL 32940 and is currently estimated at $699,324, approximately $283 per square foot. 1015 Ariel Way Unit 1 is a home located in Brevard County with nearby schools including Suntree Elementary School, DeLaura Middle School, and Pinecrest Academy Space Coast.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Oct 26, 2020
            
        
                Sold by
            
            
                Alexander Stephen P and Alexander Jennifer L
            
        
                Bought by
            
            
                Alexander Stephen P
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $235,445
            
        
                Outstanding Balance
            
            
                $209,018
            
        
                Interest Rate
            
            
                2.67%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $490,306
            
        Purchase Details
                Closed on
            
            
                Nov 30, 2010
            
        
                Sold by
            
            
                Seares David Frank and Seares Nancy Eleanor
            
        
                Bought by
            
            
                Alexander Stephen P and Alexander 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
            
            
                $301,750
            
        
                Interest Rate
            
            
                4.31%
            
        Purchase Details
                Closed on
            
            
                Sep 1, 2005
            
        
                Sold by
            
            
                Seares David F and Seares Nancy E
            
        
                Bought by
            
            
                Seares David Frank and Seares Nancy Eleanor
            
        Purchase Details
                Closed on
            
            
                Jul 27, 1995
            
        
                Sold by
            
            
                Classic Homes Brevard Inc
            
        
                Bought by
            
            
                Seares David F and Seares Nancy E
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $203,000
            
        
                Interest Rate
            
            
                7.46%
            
        Purchase Details
                Closed on
            
            
                Apr 22, 1994
            
        
                Sold by
            
            
                Suntree Ptnr
            
        
                Bought by
            
            
                Classic Homes Brevard Inc
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $206,500
            
        
                Interest Rate
            
            
                7.61%
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Alexander Stephen P | -- | Accommodation | |
| Alexander Stephen P | $355,000 | Alliance Title Insurance Age | |
| Seares David Frank | -- | -- | |
| Seares David F | $285,000 | -- | |
| Classic Homes Brevard Inc | $53,900 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Alexander Stephen P | $235,445 | |
| Closed | Alexander Stephen P | $301,750 | |
| Previous Owner | Seares David F | $203,000 | |
| Previous Owner | Classic Homes Brevard Inc | $206,500 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $4,228 | $336,660 | -- | -- | 
| 2024 | $4,161 | $327,180 | -- | -- | 
| 2023 | $4,161 | $317,660 | $0 | $0 | 
| 2022 | $3,879 | $308,410 | $0 | $0 | 
| 2021 | $4,042 | $299,430 | $0 | $0 | 
| 2020 | $3,985 | $295,300 | $0 | $0 | 
| 2019 | $3,945 | $288,670 | $0 | $0 | 
| 2018 | $3,961 | $283,290 | $0 | $0 | 
| 2017 | $4,011 | $277,470 | $0 | $0 | 
| 2016 | $4,092 | $271,770 | $52,000 | $219,770 | 
| 2015 | $4,222 | $269,890 | $52,000 | $217,890 | 
| 2014 | $4,255 | $267,750 | $60,000 | $207,750 | 
                Source: Public Records
                    
            
        Map
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