503 4th Ave Melbourne Beach, FL 32951
Estimated Value: $1,014,000 - $6,020,000
3
Beds
2
Baths
2,447
Sq Ft
$1,508/Sq Ft
Est. Value
About This Home
This home is located at 503 4th Ave, Melbourne Beach, FL 32951 and is currently estimated at $3,691,209, approximately $1,508 per square foot. 503 4th Ave 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
Mar 1, 2005
Sold by
Cornett John B and Cornett Barbara E
Bought by
Roberts Ronald L and The Mel Beach Land Trust
Current Estimated Value
Purchase Details
Closed on
Nov 1, 1994
Sold by
Cornell Jonathan E and Cornell Mary A
Bought by
Cornett John B and Cornett Barbara E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
8.68%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Roberts Ronald L | $1,500,000 | East Coast Title | |
| Cornett John B | $510,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cornett John B | $250,000 |
Source: Public Records
Tax History Compared to Growth
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 | $24,696 | $1,717,870 | -- | -- |
| 2024 | $24,192 | $1,669,460 | -- | -- |
| 2023 | $24,192 | $1,620,840 | $0 | $0 |
| 2022 | $23,933 | $1,573,640 | $0 | $0 |
| 2021 | $24,845 | $1,527,810 | $0 | $0 |
| 2020 | $24,664 | $1,506,720 | $0 | $0 |
| 2019 | $24,669 | $1,472,850 | $0 | $0 |
| 2018 | $24,554 | $1,445,390 | $0 | $0 |
| 2017 | $24,276 | $1,415,670 | $0 | $0 |
| 2016 | $24,948 | $1,386,560 | $561,400 | $825,160 |
| 2015 | $25,348 | $1,376,930 | $561,400 | $815,530 |
| 2014 | $25,470 | $1,366,010 | $492,650 | $873,360 |
Source: Public Records
Map
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