NOT LISTED FOR SALE

385 Hammock Shore Dr Unit 1 Melbourne Beach, FL 32951

Floridana Beach Neighborhood

Estimated Value: $1,281,368 - $1,461,000

4 Beds
4 Baths
3,593 Sq Ft
$372/Sq Ft Est. Value

About This Home

This home is located at 385 Hammock Shore Dr Unit 1, Melbourne Beach, FL 32951 and is currently estimated at $1,338,092, approximately $372 per square foot. 385 Hammock Shore Dr Unit 1 is a home located in Brevard County with nearby schools including Gemini Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2023
Sold by
Meiter Lester and Meiter Laura
Bought by
Davis Graeme and Davis Abigail
Current Estimated Value
$1,338,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$944,092
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2021
Sold by
Truist Bank
Bought by
Meiter Lester and Meiter Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2020
Sold by
Phelan Norene A
Bought by
Truist Bank

Purchase Details

Closed on
Dec 27, 2013
Sold by
Phelan Gerard A and Phelan Norene A
Bought by
Phelan Gerard A and Phelan Norene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
4.25%

Purchase Details

Closed on
Oct 22, 1998
Sold by
Phelan Gerard A and Phelan Norene A
Bought by
Phelan Gerard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
6.61%

Purchase Details

Closed on
Aug 19, 1998
Sold by
Petrus Group L P
Bought by
Phelan Gerard A and Phelan Norene A

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Davis Graeme $1,200,000 Bella Title & Escrow
Meiter Lester $657,628 Bridgetrust Title Group
Truist Bank $475,000 None Available
Phelan Gerard A -- Equity National Title & Clos
Phelan Gerard A -- --
Phelan Gerard A $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Graeme $960,000
Previous Owner Meiter Lester $493,000
Previous Owner Phelan Gerard A $330,000
Previous Owner Phelan Gerard A $250,000
Previous Owner Phelan Gerard A $250,000
Previous Owner Phelan Gerard A $405,000
Previous Owner Phelan Gerard A $369,000
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
2023 $11,390 $879,180 $0 $0
2022 $9,487 $744,420 $0 $0
2021 $8,460 $600,100 $140,000 $460,100
2020 $8,104 $565,190 $110,000 $455,190
2019 $8,389 $572,480 $110,000 $462,480
2018 $8,557 $568,850 $100,000 $468,850
2017 $5,662 $387,120 $0 $0
2016 $5,786 $379,160 $100,000 $279,160
2015 $5,983 $376,530 $100,000 $276,530
2014 $6,036 $373,550 $100,000 $273,550
Source: Public Records

Map

Florida Brevard County Melbourne Beach 32951 Floridana Beach

385 Hammock Shore Dr Unit 1, Melbourne Beach, FL

Homes for Sale in Melbourne Beach, FL

This home is located at 385 Hammock Shore Dr Unit 1, Melbourne Beach, FL 32951 and is currently estimated at $1,338,092, approximately $372 per square foot. 385 Hammock Shore Dr Unit 1 is a home located in Brevard County with nearby schools including Gemini Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior High School.

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