NOT LISTED FOR SALE

313 Banyan Way Melbourne Beach, FL 32951

Estimated Value: $500,000 - $628,493

4 Beds
2 Baths
1,855 Sq Ft
$310/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $536,000 $289 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,203/month

51 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • West Facing Home
  • Gemini Elementary School Rated A-
  • 2 Car Garage
  • Many Trees

About This Home

As of August 2024

NEW PRICE! MELBOURNE BEACH AWAITS YOU! This warm & inviting home is just a short walk to the beach. A single-story residence features 4 bedrooms & 2 bathrooms, along with a 2-car garage. Spacious kitchen with low-maintenance silestone counter tops, stainless appliances, counter bar seating and a 6ft. pantry! The home offers two living areas, wood burning fire place & dining area. Roof 2020, A/C 2019, & plenty of room for a pool.
The home offers energy savings from the solar hot water heater and shade trees. Added feature of a circular driveway which enhances the curb appeal and offers additional parking. Located in a fantastic area known for its quiet streets and zoned for our ''A'' rated schools. Walk, bike or golf cart to the ocean & river, Melbourne beach pier, library, local shops & restaurants. This home is perfect for anyone looking to enjoy the laid back beach life style! Call today! style,offering a blend of comfort,convenience and coastal charm Schedule your showing today!

Last Agent to Sell the Property

Samuel Goodwin

Compass Florida, LLC License #3410832 Listed on: 05/24/2024

Compass Florida, LLC

Co-Listed By

Mary Goodwin

Compass Florida, LLC License #3176243

Last Buyer's Agent

Susanne Vaughn

Relentless Real Estate Co. License #3498118

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1982

Lot Details

  • 0.28 Acre Lot
  • West Facing Home
  • Many Trees

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,855 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Convection Oven

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Island Shores Of Melbourne Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-38-06-75-12-7

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,227

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Many Trees
  • Co List Office Mls Id: spc.ocflo4
  • Co List Office Phone: 321-214-8400
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Shores of Melbourne Beach
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-38-06-75-12-7
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 2226.93
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 1855.0
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Square Feet2: 12197.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Cooling Central Air: Yes
  • General Property Information Community Fee(s) YN: No
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Flooring Vinyl: Yes
  • General Property Information CDD Fee YN: No
  • General Property Information Stories2: 1
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Appliances: Convection Oven
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Convection Oven: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.28
  • Waterfront: No
  • Construction Type: Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Lot Features:Many Trees: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 12197.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2847129
  • Parcel #: 28-38-06-75-12-7
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2226.93

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Aug 15, 2024
Sold by
Fleming David C and Hoffman Katherine G
Bought by
Mackay David and Mackay Martha
Seller's Agent
Samuel Goodwin
Compass Florida, LLC
Buyer's Agent
Susanne Vaughn
Relentless Real Estate Co.
List Price
$645,000
Sold Price
$536,000
Premium/Discount to List
-$109,000
-16.9%
Views
48
Current Estimated Value
$574,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,373
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Nov 27, 1996
Sold by
Jatras Frankie Jean
Bought by
Fleming David C and Hoffman Katherine G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.87%
Source: Public Records

Range of Values:

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Average Value
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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
Mackay David $536,000 Atypical Title
Fleming David C $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fleming David C $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2024 08/15/24 Sold $536,000 -5.1% $289 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $565,000 -5.7% $305 / Sq Ft
06/13/2024 06/13/24 Price Changed $599,000 -7.1% $323 / Sq Ft
05/24/2024 05/24/24 For Sale $645,000 -- $348 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $2,290 $589,910 -- --
2024 $2,227 $184,340 -- --
2023 $2,227 $178,980 $0 $0
2022 $2,161 $173,770 $0 $0
2021 $2,216 $168,710 $0 $0
2020 $2,193 $166,390 $0 $0
2019 $2,179 $162,650 $0 $0
2018 $2,160 $159,620 $0 $0
2017 $2,127 $156,340 $0 $0
2016 $2,170 $153,130 $150,000 $3,130
2015 $2,204 $152,070 $135,000 $17,070
2014 $2,208 $150,870 $125,000 $25,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1014292

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-75-00012.0-0007.00