NOT LISTED FOR SALE

402 Cornell Ave Melbourne, FL 32901

Estimated Value: $185,056 - $218,000

2 Beds
1 Bath
900 Sq Ft
$223/Sq Ft Est. Value

About This Home

This home is located at 402 Cornell Ave, Melbourne, FL 32901 and is currently estimated at $200,514, approximately $222 per square foot. 402 Cornell Ave is a home located in Brevard County with nearby schools including University Park Elementary School, Stone Magnet Middle School, and Melbourne Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2019
Sold by
Lerman Denise and Bailey Barry
Bought by
Tummings Joel and Tummings Shania
Current Estimated Value
$200,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,007
Outstanding Balance
$94,851
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$105,663

Purchase Details

Closed on
Jul 23, 2003
Sold by
Lerman Denise
Bought by
Lerman Denise and Bailey Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
3.75%

Purchase Details

Closed on
Nov 15, 2001
Sold by
Bailey Barry A
Bought by
Lerman Denise

Purchase Details

Closed on
Apr 12, 2001
Sold by
Bailey James E and Bailey Mabel E
Bought by
Bailey Barry Alan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Tummings Joel $110,000 North American Title Company
Lerman Denise -- Secure Title Ltd
Lerman Denise -- --
Bailey Barry Alan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tummings Joel $108,007
Previous Owner Lerman Denise $53,000
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
2025 $1,407 $119,260 -- --
2024 $1,362 $115,900 -- --
2023 $1,362 $112,530 $0 $0
2022 $1,257 $109,260 $0 $0
2021 $1,743 $92,600 $55,000 $37,600
2020 $1,591 $82,240 $45,000 $37,240
2019 $1,388 $84,810 $45,000 $39,810
2018 $1,324 $81,280 $40,000 $41,280
2017 $1,204 $67,410 $35,000 $32,410
2016 $1,097 $52,070 $20,000 $32,070
2015 $1,045 $41,390 $20,000 $21,390
2014 $931 $37,630 $15,000 $22,630
Source: Public Records

Map

Florida Brevard County Melbourne 32901

402 Cornell Ave, Melbourne, FL

Not Listed for Sale

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