NOT LISTED FOR SALE

1220 Prospect Ave Melbourne, FL 32901

Estimated Value: $3,982,675

-- Bed
-- Bath
39,200 Sq Ft
$102/Sq Ft Est. Value

About This Home

This home is located at 1220 Prospect Ave, Melbourne, FL 32901 and is currently estimated at $3,982,675, approximately $101 per square foot. 1220 Prospect Ave is a home located in Brevard County with nearby schools including University Park Elementary School, Stone Magnet Middle School, and Melbourne Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2006
Sold by
Sutton Properties Llp
Bought by
Sutton Properties Of Melbourne Lc
Current Estimated Value
$3,982,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Outstanding Balance
$2,068,965
Interest Rate
6.74%
Estimated Equity
$1,925,753

Purchase Details

Closed on
Sep 16, 2005
Sold by
Sall Brandon Harry Ellis and Sall Brandon Wendy
Bought by
Sutton Properties Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,785,000
Interest Rate
5.86%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Sutton Properties Of Melbourne Lc $270,000 None Available
Sutton Properties Llp $2,450,000 Alliance Title Brevard Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sutton Properties Llp $1,785,000
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 $39,343 $2,454,300 -- --
2023 $39,343 $2,230,620 -- --
2022 $34,452 $1,910,250 $0 $0
2021 $33,452 $1,820,090 $208,000 $1,612,090
2020 $31,778 $1,808,380 $208,000 $1,600,380
2019 $28,281 $1,336,230 $208,000 $1,128,230
2018 $27,078 $1,245,980 $208,000 $1,037,980
2015 $23,382 $975,000 $153,920 $821,080
2014 $22,536 $950,000 $153,920 $796,080
Source: Public Records

Map

Florida Brevard County Melbourne 32901

1220 Prospect Ave, Melbourne, FL

This home is located at 1220 Prospect Ave, Melbourne, FL 32901 and is currently estimated at $3,982,675, approximately $101 per square foot. 1220 Prospect Ave is a home located in Brevard County with nearby schools including University Park Elementary School, Stone Magnet Middle School, and Melbourne Senior High School.

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