NOT LISTED FOR SALE

Estimated Value: $325,000 - $349,000

3 Beds
2 Baths
1,068 Sq Ft
$319/Sq Ft Est. Value

About This Home

This home is located at 2505 Michigan St, Melbourne, FL 32904 and is currently estimated at $340,667, approximately $318 per square foot. 2505 Michigan St 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
Nov 21, 2014
Sold by
Padgett James A and Padgett Edith A
Bought by
Padgett James A and Padgett Edith A
Current Estimated Value
$340,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,107
Interest Rate
3.95%

Purchase Details

Closed on
Apr 1, 2008
Sold by
Wells Fargo Bank Na
Bought by
Padgett James A and Padgett Glen Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,440
Interest Rate
5.84%

Purchase Details

Closed on
Dec 27, 2007
Sold by
Coutu Cynthia L and Citifinancial Equity Services
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 10, 2005
Sold by
Coutu Cynthia L and Coutu Stephen W
Bought by
Coutu Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 10, 2002
Sold by
Althar Cline D and Althar Mary M
Bought by
Coutu Stephen W and Coutu Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
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

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

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
Padgett James A -- Servicelink
Padgett James A $160,000 Attorney
Wells Fargo Bank Na -- None Available
Coutu Cynthia L -- --
Coutu Stephen W $132,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padgett James A $139,206
Closed Padgett James A $154,107
Previous Owner Padgett James A $163,440
Previous Owner Coutu Cynthia $31,927
Previous Owner Coutu Cynthia $175,000
Previous Owner Coutu Stephen W $148,000
Previous Owner Coutu Stephen W $37,000
Previous Owner Coutu Stephen W $106,000
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 $1,379 $112,370 -- --
2023 $1,379 $109,100 $0 $0
2022 $1,276 $105,930 $0 $0
2021 $1,294 $102,850 $0 $0
2020 $1,258 $101,430 $0 $0
2019 $1,197 $99,150 $0 $0
2018 $1,191 $97,310 $0 $0
2017 $1,189 $95,310 $0 $0
2016 $1,195 $93,350 $50,000 $43,350
2015 $1,212 $92,710 $45,000 $47,710
2014 $1,215 $91,980 $40,000 $51,980
Source: Public Records

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