NOT LISTED FOR SALE

1735 Gracewood Dr Melbourne, FL 32940

Estimated Value: $413,000 - $841,000

4 Beds
3 Baths
2,934 Sq Ft
$214/Sq Ft Est. Value

About This Home

This home is located at 1735 Gracewood Dr, Melbourne, FL 32940 and is currently estimated at $627,000, approximately $213 per square foot. 1735 Gracewood Dr is a home located in Brevard County with nearby schools including Viera Elementary School, DeLaura Middle School, and Pinecrest Academy Space Coast.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2024
Sold by
Stanley Homes Inc
Bought by
Shah Maulik T and Shah Komalben
Current Estimated Value
$627,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Outstanding Balance
$1,475,051
Interest Rate
6.63%
Mortgage Type
Construction
Estimated Equity
-$851,551
Source: Public Records

Range of Values:

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.

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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

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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.

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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
Shah Maulik T $194,500 East Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Maulik T $1,500,000
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 $2,539 $170,000 -- --
2023 $2,539 $170,000 $170,000 $0
2022 $715 $49,000 $0 $0
Source: Public Records

Map

Florida Brevard County Melbourne 32934

1735 Gracewood Dr, Melbourne, FL

This home is located at 1735 Gracewood Dr, Melbourne, FL 32940 and is currently estimated at $627,000, approximately $213 per square foot. 1735 Gracewood Dr is a home located in Brevard County with nearby schools including Viera Elementary School, DeLaura Middle School, and Pinecrest Academy Space Coast.

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.

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