NOT LISTED FOR SALE

1624 Sumter Ln Melbourne, FL 32904

Estimated Value: $421,000 - $578,000

4 Beds
3 Baths
2,431 Sq Ft
$204/Sq Ft Est. Value

About This Home

This home is located at 1624 Sumter Ln, Melbourne, FL 32904 and is currently estimated at $496,145, approximately $204 per square foot. 1624 Sumter Ln is a home located in Brevard County with nearby schools including Meadowlane Primary Elementary School, Meadowlane Intermediate Elementary School, and Central Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2022
Sold by
Powell and Kimberly
Bought by
Homes Solutions Now Llc
Current Estimated Value
$496,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Outstanding Balance
$33,220
Interest Rate
4.99%
Estimated Equity
$462,925

Purchase Details

Closed on
Nov 10, 2020
Sold by
Powell Chike
Bought by
Powell Chike and Twiss Kimberely

Purchase Details

Closed on
Jul 15, 2005
Sold by
Myers Mitch and Myers Laura
Bought by
Powell Chike and Powell Thejoal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.51%

Purchase Details

Closed on
Jan 6, 2004
Sold by
Oak Grove Llc
Bought by
Mercedes Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Homes Solutions Now Llc $395,000 Independence Title
Powell Chike $135,500 None Available
Powell Chike $429,900 --
Mercedes Homes Inc $69,800 B-D-R Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homes Solutions Now Llc $35,000
Open Homes Solutions Now Llc $75,806
Previous Owner Powell Chike $230,000
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
2025 $6,131 $427,850 -- --
2024 $5,888 $439,270 -- --
2023 $5,888 $411,320 $93,500 $317,820
2022 $4,958 $387,440 $0 $0
2021 $4,630 $296,930 $71,500 $225,430
2020 $2,532 $188,420 $0 $0
2019 $2,535 $184,190 $0 $0
2018 $2,537 $180,760 $0 $0
2017 $2,513 $177,050 $0 $0
2016 $2,546 $173,410 $39,050 $134,360
2015 $2,613 $172,210 $39,050 $133,160
2014 $2,614 $170,850 $27,500 $143,350
Source: Public Records

Map

Florida Brevard County Melbourne 32904

1624 Sumter Ln, Melbourne, FL

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes