NOT LISTED FOR SALE

1062 Balmoral Way Melbourne, FL 32940

Baytree Neighborhood

Estimated Value: $979,000 - $1,153,000

4 Beds
4 Baths
3,943 Sq Ft
$268/Sq Ft Est. Value

About This Home

This home is located at 1062 Balmoral Way, Melbourne, FL 32940 and is currently estimated at $1,056,410, approximately $267 per square foot. 1062 Balmoral Way is a home located in Brevard County with nearby schools including Quest Elementary School, DeLaura Middle School, and Pinecrest Academy Space Coast.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Reed Willie Gene
Bought by
Reed Willie Gene and Reed Pamela Renee
Current Estimated Value
$1,056,410

Purchase Details

Closed on
Oct 14, 2011
Sold by
Coles Frank J and Coles Kathryn W
Bought by
Reed Willie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
4.2%

Purchase Details

Closed on
Apr 4, 2011
Sold by
Coles Kathryn W
Bought by
Coles Frank J

Purchase Details

Closed on
Mar 7, 2003
Sold by
Moseley Thomas H and Moseley Wendy G
Bought by
Coles Frank J and Coles Kathryn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,400
Interest Rate
5.88%
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
Reed Willie Gene $100 None Listed On Document
Reed Willie G $567,000 Alliance Title Insurance Age
Coles Frank J -- Attorney
Coles Frank J $139,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Willie G $510,000
Previous Owner Reed Willie G $107,000
Previous Owner Reed Willie G $60,000
Previous Owner Reed Willie G $387,000
Previous Owner Coles Frank J $417,000
Previous Owner Coles Frank J $417,000
Previous Owner Coles Frank J $224,700
Previous Owner Coles Frank $50,000
Previous Owner Coles Frank J $534,400
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
2024 $9,156 $558,480 -- --
2023 $9,156 $542,220 $0 $0
2022 $8,688 $526,430 $0 $0
2021 $8,814 $511,100 $0 $0
2020 $8,662 $504,050 $0 $0
2019 $8,648 $492,720 $0 $0
2018 $8,691 $483,540 $0 $0
2017 $8,458 $473,600 $0 $0
2016 $8,619 $463,860 $94,000 $369,860
2015 $8,869 $460,640 $94,000 $366,640
2014 $8,937 $456,990 $77,000 $379,990
Source: Public Records

Map

Florida Brevard County Melbourne 32940 Baytree

1062 Balmoral Way, Melbourne, FL

This home is located at 1062 Balmoral Way, Melbourne, FL 32940 and is currently estimated at $1,056,410, approximately $267 per square foot. 1062 Balmoral Way is a home located in Brevard County with nearby schools including Quest Elementary School, DeLaura Middle School, and Pinecrest Academy Space Coast.

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