NOT LISTED FOR SALE

406 Banyan Way Melbourne Beach, FL 32951

Estimated Value: $568,000 - $604,946

3 Beds
2 Baths
1,613 Sq Ft
$362/Sq Ft Est. Value

Last Sold August 25, 2016

Last sale price $269,000 $167 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,480/month

19 Days on Market

Highlights

  • Private Pool
  • Open Floorplan
  • No HOA
  • Gemini Elementary School Rated A-
  • Great Room
  • 2 Car Attached Garage

About This Home

As of August 2016

CASH ONLY. This is a fixer upper home that requires major items as well as cosmetic items. This is not a move in and fix while we live here. Three Bedroom/ Two Bath home over 1700 Sq ft. Wood Beamed Ceiling. Terrazzo Floors. Large Yard. Pool has not been operated in many years.

Last Agent to Sell the Property

Holly Dandridge Madden

Dale Sorensen Real Estate Inc. Listed on: 08/16/2016

Last Buyer's Agent

Holly Madden

Treasure Coast Sotheby's Intl License #3039975

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,751

Year Built

  • Built in 1962

Lot Details

  • 0.3 Acre Lot
  • West Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,613 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Great Room
  • Terrazzo Flooring
  • Electric Range
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Pool

  • Private Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 28-38-06-75-00010.0-0013.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,751

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Shores of Melbourne Beach
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Fixer
  • Location Tax and Legal Parcel Number2: 28-38-06-75-00010.0-0013.00
  • 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: 1751.0
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 1613.0
  • General Property Information Building Area Total3: 2138.0
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Lot Size Square Feet2: 13068.0
  • 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
  • Cooling:Electric: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Flooring Terrazzo: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Great Room: Yes
  • General Property Information Lot Size Dimensions: 110.0 ft x 120.0 ft
  • Property Condition Fixer: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Floorplan, Primary Bathroom -Tub with Separate Shower
  • Flooring: Terrazzo
  • Appliances: Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Pool Features: Private
  • Roof: Shingle
  • Acres: 0.3
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: 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

  • Lot Dimensions: 110.0 ft x 120.0 ft
  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2847106
  • Parcel #: 28-38-06-75-00010.0-0013.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1751.0

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2023
Sold by
Casimir Maurice
Bought by
Casimir Maurice and Watters-Woodward Elizabeth Davy
Current Estimated Value
$583,987

Purchase Details

Closed on
May 8, 2020
Sold by
Rowell Tony
Bought by
Casimir Maurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Listed on
Aug 16, 2016
Closed on
Aug 24, 2016
Sold by
Carreiro August
Bought by
Rowell Tony
Seller's Agent
Holly Dandridge Madden
Dale Sorensen Real Estate Inc.
Buyer's Agent
Holly Madden
Treasure Coast Sotheby's Intl
List Price
$275,000
Sold Price
$269,000
Premium/Discount to List
-$6,000
-2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%

Purchase Details

Closed on
Mar 8, 1998
Sold by
Carreiro August
Bought by
Carreiro Linda E

Purchase Details

Closed on
Nov 10, 1995
Sold by
Bagwell Kent
Bought by
Carreiro August and Carreiro Linda E
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
Casimir Maurice $148,500 None Listed On Document
Casimir Maurice $312,000 Alliance Title Ins Agcy Inc
Rowell Tony $269,000 State Title Partners Llp
Carreiro Linda E -- --
Carreiro August -- --
Carreiro August $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casimir Maurice $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2016 08/25/16 Sold $269,000 -2.2% $167 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $275,000 -- $170 / 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 $5,018 $375,700 -- --
2024 $4,901 $365,120 -- --
2023 $4,901 $354,490 $0 $0
2022 $4,852 $346,820 $0 $0
2021 $5,013 $336,720 $240,000 $96,720
2020 $4,539 $265,170 $240,000 $25,170
2019 $4,361 $248,620 $200,000 $48,620
2018 $4,297 $241,370 $200,000 $41,370
2017 $4,310 $239,740 $200,000 $39,740
2016 $1,726 $150,000 $150,000 $0
2015 $1,751 $135,000 $135,000 $0
2014 $1,753 $127,110 $125,000 $2,110
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2016

    Holly Dandridge Madden

    Dale Sorensen Real Estate Inc.

  • H

    Buyer's Agent in 2016

    Holly Madden

    Treasure Coast Sotheby's Intl

    Section Image

  • s

    Buyer's Agent in 2016

    spc.rets.spc.3039975

    spc.rets.RETS_OFFICE

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Map

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

MLS Number: 762163

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-75-00010.0-0013.00

Florida Brevard County Melbourne Beach 32951

406 Banyan Way, Melbourne Beach, FL

This home is located at 406 Banyan Way, Melbourne Beach, FL 32951 since 16 August 2016 and is currently estimated at $583,987, approximately $362 per square foot. This property was built in 1962. 406 Banyan Way is a home located in Brevard County with nearby schools including Gemini Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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