NOT LISTED FOR SALE

408 Banyan Way Melbourne Beach, FL 32951

Estimated Value: $549,000 - $646,000

3 Beds
2 Baths
1,847 Sq Ft
$321/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $585,000 $317 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,775/month

2 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Tile Flooring
  • Gemini Elementary School Rated A-
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of April 2022

WOW what a price to be in SOFA and only a short walk to beach. HUGE LOT .3 of an acre. AMAZING location and this home won't last long! OPPORTUNITY KNOCKS, will you ANSWER? Roof 2014, home protected accordion hurricane shutters installed 2008. Professional photos coming soon.

Last Agent to Sell the Property

Jack Taylor

RE/MAX Alternative Realty License #3073233 Listed on: 04/06/2022

RE/MAX Alternative Realty

Last Buyer's Agent

David Curri

David Curri Real Estate Group License #3093601

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,740

Year Built

  • Built in 1962

Lot Details

  • 0.3 Acre Lot
  • South Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,847 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 28-38-06-75-00010.0-0012.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,740

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
  • 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: 28-38-06-75-00010.0-0012.00
  • 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: 5739.58
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 1847.0
  • General Property Information Building Area Total3: 2429.0
  • 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: South
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Levels One: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Call: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • Flooring: Tile
  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.3
  • Waterfront: No
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: 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

  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: ISLAND SHORES OF MELBOURNE BEACH
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: ISLAND SHORES OF MELBOURNE BEACH

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2847105
  • Parcel #: 28-38-06-75-00010.0-0012.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5739.58

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2023
Sold by
Rowe Seamus
Bought by
408 Banyan Way Llc
Current Estimated Value
$593,684

Purchase Details

Listed on
Apr 6, 2022
Closed on
Apr 20, 2022
Sold by
Sai Property Investments Inc
Bought by
Rowe Seamus
Seller's Agent
Jack Taylor
RE/MAX Alternative Realty
Buyer's Agent
David Curri
David Curri Real Estate Group
List Price
$585,000
Sold Price
$585,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.42%
Original Mortgage
$465,000
Interest Rate
3.83%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 6, 2022
Closed on
Apr 5, 2022
Sold by
Noke Donald C and Noke Brenda L
Bought by
Re Property Holdings Llc
Seller's Agent
Jack Taylor
RE/MAX Alternative Realty
Buyer's Agent
David Curri
David Curri Real Estate Group
List Price
$585,000
Sold Price
$585,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
3.83%
Mortgage Type
Construction
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
408 Banyan Way Llc $100 None Listed On Document
Rowe Seamus $585,000 None Listed On Document
Re Property Holdings Llc $455,000 Giannell Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Re Property Holdings Llc $465,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2022 04/22/22 Sold $585,000 0.0% $317 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $585,000 -- $317 / 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 $7,929 $521,310 -- --
2024 $8,272 $518,570 -- --
2023 $8,272 $536,250 $330,000 $206,250
2022 $6,600 $500,370 $0 $0
2021 $5,740 $339,130 $240,000 $99,130
2020 $5,646 $331,240 $240,000 $91,240
2019 $5,466 $313,000 $200,000 $113,000
2018 $5,162 $295,820 $200,000 $95,820
2017 $4,900 $292,180 $200,000 $92,180
2016 $4,579 $250,720 $150,000 $100,720
2015 $4,254 $216,600 $135,000 $81,600
2014 $3,949 $196,910 $125,000 $71,910
Source: Public Records

Agents Affiliated with this Home

  • Jack Taylor

    Seller's Agent in 2022

    Jack Taylor

    RE/MAX

    2 in this area

    104 Total Sales

    Jack Taylor
    Section Image
  • David Curri

    Buyer's Agent in 2022

    David Curri

    David Curri Real Estate Group

    (321) 300-5409

    8 in this area

    75 Total Sales

    David Curri
    Section Image
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Map

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

MLS Number: 931436

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-75-00010.0-0012.00

Florida Brevard County Melbourne Beach 32951

408 Banyan Way, Melbourne Beach, FL

This home is located at 408 Banyan Way, Melbourne Beach, FL 32951 since 06 April 2022 and is currently estimated at $593,684, approximately $321 per square foot. This property was built in 1962. 408 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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