NOT LISTED FOR SALE

323 Banyan Way Melbourne Beach, FL 32951

Estimated Value: $862,000 - $874,000

4 Beds
4 Baths
2,202 Sq Ft
$394/Sq Ft Est. Value

Last Sold March 15, 2018

Last sale price $480,000 $218 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,389/month

Highlights

  • In Ground Pool
  • RV Access or Parking
  • Sun or Florida Room
  • Gemini Elementary School Rated A-
  • Open Floorplan
  • Pool View

About This Home

As of May 2020

Wow! This is the property people dream of living in! In the coveted city of Melbourne Beach an updated 4 Bedroom 4 Bathroom Pool Home blocks away from the beach! This amazing home is very well taken care of with tons of amazing features! Walk in to the light open living space with beautiful views of the pool. The kitchen is spaciously planned out for the cook who likes to entertain. Each bedroom has its own updated bathroom and slider out to the beautifully manicured backyard. The master bedroom has a spa like walk in oversized shower with beautiful double vanities. Two walk in closets that will be able to hold all of your clothes. The master bedroom also has a sitting room off of it that over looks the pool. Inside laundry room and oversized two car garage. Bring your boat or RV because the side of the house has plenty of space! If your looking for the perfect rental here it is! Don't wait schedule your appointment today before this sprawling beautiful beach home is gone!

Last Agent to Rent the Property

Josette Tornabene

Mark Realty, Inc. License #3246849 Listed on: 04/06/2020

Co-Listed By

Christopher Kerns

Mark Realty, Inc. License #3418994

Last Renter's Agent

Christopher Kerns

Mark Realty, Inc. License #3418994

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,033

Year Built

  • Built in 1971

Lot Details

  • 0.29 Acre Lot
  • West Facing Home
  • Fenced

Parking

  • 2 Car Garage
  • RV Access or Parking

Interior Spaces

  • 2,202 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Ceiling Fan
  • Home Office
  • Library
  • Sun or Florida Room
  • Pool Views
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Courtyard
  • Porch

Schools

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

Utilities

  • Central Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • River Colony East Subdivision

Listing and Financial Details

  • Property Available on 7/1/19
  • The owner pays for grounds care, pool maintenance
  • Assessor Parcel Number 28-38-06-77-0000f.0-0011.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,033

Year Built

Built in 1971

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Owner Pays: Grounds Care, Pool Maintenance
  • Available Date: 2019-07-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1971
  • Reso Property Sub Type: Single Family Residence
  • Reso View: Pool, Other
  • Co List Office Mls Id: 00740
  • Co List Office Phone: 321-773-4050
  • Subdivision Name: River Colony East
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 28-38-06-77-0000f.0-0011.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 2202.0
  • General Property Information Lot Size Acres: 0.29
  • General Property Information Lot Size Square Feet2: 12632.4
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: West
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Fencing Fenced2: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Utilities Cable Available: Yes
  • View Pool: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • Room Types Florida Room: Yes
  • Pets Allowed Dogs OK: Yes
  • Room Types Den: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Downstairs, Walk-In Closet(s), Wet Bar, Other
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Exterior Features: Courtyard, Storm Shutters
  • Pool Features: In Ground
  • Fencing: Fenced
  • Acres: 0.29
  • Pool Private: Yes
  • Waterfront: No
  • Direction Faces: West
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Utilities: Cable Available, Water Available
  • Heating: Central
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 12632.4
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2847198
  • Parcel #: 28-38-06-77-0000f.0-0011.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
May 23, 2018
Sold by
Gragg James E and Bowder Carrie B
Bought by
323 Banyan Llc
Seller's Agent
Josette Tornabene
Mark Realty, Inc.
Buyer's Agent
Kalli Kamholz
Hart To Hart Real Estate, Inc.
Sold Price
$3,000
Current Estimated Value
$868,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$865,104

Purchase Details

Listed on
Jan 26, 2018
Closed on
Mar 14, 2018
Sold by
Smith Hollis and Sallinger Revocable L Panney M
Bought by
Gragg James E and Browder Carrie B
Seller's Agent
Tom Waldron
Lawyers Real Estate Brokerage
Buyer's Agent
Sarah Munkacsy
One Sotheby's International
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.08%

Purchase Details

Closed on
Dec 14, 2009
Sold by
Sallinger Penny M
Bought by
Sallinger Penny M and Sallinger Rrevocable L Penny M

Purchase Details

Closed on
Oct 30, 2001
Sold by
Lutes Leonard Lee and Lutes Lori Ann
Bought by
Sallinger Penny M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,100
Interest Rate
6.74%

Purchase Details

Closed on
Nov 24, 1997
Sold by
Lutes Billy J and Lutes Annabelle S
Bought by
Lutes Leonard Lee and Lutes Lori Ann

Purchase Details

Closed on
Apr 14, 1997
Sold by
F N B Prop Inc
Bought by
Lutes Billy J and Lutes Annabelle S

Purchase Details

Closed on
Feb 19, 1997
Sold by
Clerk Circuit Court
Bought by
F N B Prop Inc
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
323 Banyan Llc -- None Available
Gragg James E -- Alliance Title
Sallinger Penny M -- Attorney
Sallinger Penny M $218,900 --
Lutes Leonard Lee -- --
Lutes Billy J $124,900 --
F N B Prop Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sallinger Penny M $175,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/18/2024 11/18/24 Off Market $3,000 -- --
05/15/2020 05/15/20 Rented $3,000 0.0% --
04/30/2020 04/30/20 Under Contract -- -- --
04/06/2020 04/06/20 For Rent $3,000 0.0% --
08/12/2019 08/12/19 Rented $3,000 0.0% --
07/24/2019 07/24/19 Price Changed $3,000 -6.3% $1 / Sq Ft
07/09/2019 07/09/19 For Rent $3,200 0.0% --
07/09/2019 07/09/19 Price Changed $3,200 -5.9% $1 / Sq Ft
07/05/2019 07/05/19 Under Contract -- -- --
06/19/2019 06/19/19 For Rent $3,400 +13.3% --
07/02/2018 07/02/18 Rented $3,000 0.0% --
06/18/2018 06/18/18 Under Contract -- -- --
06/14/2018 06/14/18 For Rent $3,000 0.0% --
03/15/2018 03/15/18 Sold $480,000 -3.0% $218 / Sq Ft View Prior Sale
01/31/2018 01/31/18 Pending -- -- --
01/26/2018 01/26/18 For Sale $495,000 -- $225 / 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 $10,033 $700,960 -- --
2024 $9,694 $710,420 -- --
2023 $9,694 $720,680 $0 $0
2022 $8,904 $664,100 $0 $0
2021 $7,852 $466,030 $240,000 $226,030
2020 $7,863 $463,430 $240,000 $223,430
2019 $7,711 $443,800 $200,000 $243,800
2018 $7,456 $422,740 $200,000 $222,740
2017 $3,729 $247,380 $0 $0
2016 $3,817 $242,300 $150,000 $92,300
2015 $3,877 $240,620 $135,000 $105,620
2014 $3,889 $238,710 $125,000 $113,710
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 872790

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-77-0000F.0-0011.00