NOT LISTED FOR SALE

409 Banyan Way Melbourne Beach, FL 32951

Estimated Value: $606,080 - $708,000

3 Beds
2 Baths
1,576 Sq Ft
$408/Sq Ft Est. Value

Last Sold August 14, 2014

Last sale price $272,000 $173 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,609/month

58 Days on Market

Highlights

  • In Ground Pool
  • RV Access or Parking
  • Pool View
  • Gemini Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of August 2014

Find yourself at home in the heart of desirable Melbourne Beach!! Situated just one block from private beach access, this 3 bedroom, 2 bath, 2 car garage home is the perfect tropical retreat. The property sits on over a third of an acre lot that has a huge fenced in backyard with a beautiful private pool and heated enclosed outdoor shower.

409 Banyan Way has been meticulously cared for and boasts several new upgrades including large paver driveway with boat/RV storage, brand new roof, tropical landscaping, resurfaced pool, and updated stainless appliances.

Last Agent to Sell the Property

Keith Gordon

GetMoreOffers License #409442 Listed on: 04/26/2014

Last Buyer's Agent

Thomas Eason

Beach Towne Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,639

Year Built

  • Built in 1962

Lot Details

  • 0.35 Acre Lot
  • North Facing Home
  • Wood Fence
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Additional Parking
  • RV Access or Parking

Home Design

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

Interior Spaces

  • 1,576 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Pool Views
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Deck
  • Porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 28-38-06-75-00009.0-0004.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,639

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
  • ResoLotFeatures: Few Trees
  • Road Surface Type: Asphalt
  • Reso View: Pool
  • 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: 28-38-06-75-00009.0-0004.00
  • 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: 2639.48
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Living Area2: 1576.0
  • General Property Information Building Area Total3: 2076.0
  • General Property Information Lot Size Acres: 0.35
  • General Property Information Lot Size Square Feet2: 15246.0
  • 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: North
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Laundry: Yes
  • General Property Information Lot Size Dimensions: 110.0 ft x 140.0 ft
  • Pool Features Salt Water: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar
  • Flooring: Carpet
  • Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Pool Features: In Ground, Private, Salt Water
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.35
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Deck, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Few Trees: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Attached, Garage Door Opener, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Additional Parking: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available, Other
  • Heating: Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric3: Yes
  • Heating:Heat Pump: 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 140.0 ft
  • Lot Size Sq Ft: 15246.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2847086
  • Parcel #: 28-38-06-75-00009.0-0004.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2639.48

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2014
Closed on
Aug 8, 2014
Sold by
Housley Cooper Starr and Housley Decker Richard
Bought by
Eason Thomas A and Radaszewski Michelle C
Seller's Agent
Keith Gordon
GetMoreOffers
Buyer's Agent
Thomas Eason
Beach Towne Realty LLC
List Price
$329,000
Sold Price
$272,000
Premium/Discount to List
-$57,000
-17.33%
Current Estimated Value
$642,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,520
Avg. Annual Appreciation
7.97%
Original Mortgage
$217,600
Outstanding Balance
$166,229
Interest Rate
4.16%
Estimated Equity
$476,291

Purchase Details

Closed on
Sep 18, 2006
Sold by
Macluckie Sally L and Edwin D Macluckie Family Trust
Bought by
Housley Cooper Starr and Housley Decker Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,800
Interest Rate
6.52%

Purchase Details

Closed on
Oct 29, 1997
Sold by
Macluckie Edwin
Bought by
Macluckie Edwin

Purchase Details

Closed on
May 19, 1995
Sold by
Graham David L and Graham Diane
Bought by
Macluckie E D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
8.39%
Source: Public Records

Range of Values:

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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
Eason Thomas A $272,000 Frontier National Title Llc
Housley Cooper Starr $316,000 State Title Partners Llp
Macluckie Edwin -- --
Macluckie E D $118,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eason Thomas A $217,600
Previous Owner Housley Cooper Starr $252,800
Previous Owner Macluckie E D $68,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2014 08/14/14 Sold $272,000 -17.3% $173 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
04/26/2014 04/26/14 For Sale $329,000 0.0% $209 / Sq Ft
04/01/2013 04/01/13 Rented $2,150 0.0% --
02/28/2013 02/28/13 Under Contract -- -- --
01/22/2013 01/22/13 For Rent $2,150 -- --
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 $2,868 $229,060 -- --
2024 $2,793 $222,610 -- --
2023 $2,793 $216,130 $0 $0
2022 $2,722 $209,840 $0 $0
2021 $2,799 $203,730 $0 $0
2020 $2,772 $200,920 $0 $0
2019 $2,758 $196,410 $0 $0
2018 $2,737 $192,750 $0 $0
2017 $2,698 $188,790 $0 $0
2016 $2,757 $184,910 $150,000 $34,910
2015 $2,800 $183,630 $135,000 $48,630
2014 $3,989 $203,500 $125,000 $78,500
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 695257

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-75-00009.0-0004.00