NOT LISTED FOR SALE

1031 Inverness Ave Melbourne, FL 32940

Suntree Neighborhood

Estimated Value: $527,000 - $629,000

4 Beds
2 Baths
2,506 Sq Ft
$235/Sq Ft Est. Value

About This Home

This home is located at 1031 Inverness Ave, Melbourne, FL 32940 and is currently estimated at $588,372, approximately $234 per square foot. 1031 Inverness Ave 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
Mar 26, 2003
Sold by
S I R V A Relocation L L C
Bought by
Kraemer Eric P and Kraemer Nicole L
Current Estimated Value
$588,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Outstanding Balance
$70,194
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$518,178

Purchase Details

Closed on
Feb 25, 2003
Sold by
Bhatia Mukund P
Bought by
S I R V A Relocation L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Outstanding Balance
$70,194
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$518,178

Purchase Details

Closed on
May 30, 2001
Sold by
Bhatia Mukund P and Bhatia Suzanne M
Bought by
Bhatia Mukund P

Purchase Details

Closed on
Nov 14, 1998
Sold by
Mcgrath Anne E
Bought by
Bhatia Mukund P and Bhatia Suzanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
6.47%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Kraemer Eric P -- --
S I R V A Relocation L L C $234,000 --
Bhatia Mukund P -- --
Bhatia Mukund P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kraemer Eric P $164,000
Previous Owner Bhatia Mukund P $165,600
Source: Public Records

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 $3,046 $236,640 -- --
2024 $2,989 $229,980 -- --
2023 $2,989 $223,290 $0 $0
2022 $2,785 $216,790 $0 $0
2021 $2,879 $210,480 $0 $0
2020 $2,807 $207,580 $0 $0
2019 $2,756 $202,920 $0 $0
2018 $2,760 $199,140 $0 $0
2017 $2,783 $195,050 $0 $0
2016 $2,829 $191,040 $70,000 $121,040
2015 $2,913 $189,720 $70,000 $119,720
2014 $2,933 $188,220 $86,000 $102,220
Source: Public Records

Map

Florida Brevard County Melbourne 32940 Suntree

1031 Inverness Ave, Melbourne, FL

This home is located at 1031 Inverness Ave, Melbourne, FL 32940 and is currently estimated at $588,372, approximately $234 per square foot. 1031 Inverness Ave is a home located in Brevard County with nearby schools including Suntree Elementary School, DeLaura Middle School, and Pinecrest Academy Space Coast.

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