NOT LISTED FOR SALE

503 Banyan Way Melbourne Beach, FL 32951

Estimated Value: $581,000 - $657,000

3 Beds
2 Baths
1,827 Sq Ft
$336/Sq Ft Est. Value

About This Home

This home is located at 503 Banyan Way, Melbourne Beach, FL 32951 and is currently estimated at $613,256, approximately $335 per square foot. 503 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2006
Sold by
Mclachlan Scott F and Mclachlan Marijo
Bought by
Mclachlan Marijo
Current Estimated Value
$613,256

Purchase Details

Closed on
Feb 14, 2003
Sold by
Mclachlan Scott F
Bought by
Mclachlan Scott F and Mclachlan Marijo

Purchase Details

Closed on
May 21, 1996
Sold by
Mclachlan Scott F and Franklin Gregory T
Bought by
Mclachlan Scott F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.93%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Mclachlan Marijo -- Attorney
Mclachlan Scott F $34,000 --
Mclachlan Scott F $31,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclachlan Scott F $80,000
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 $7,628 $537,050 -- --
2024 $7,428 $535,020 -- --
2023 $7,428 $552,150 $0 $0
2022 $6,880 $519,610 $0 $0
2021 $6,003 $354,940 $240,000 $114,940
2020 $6,031 $354,160 $240,000 $114,160
2019 $5,817 $333,480 $200,000 $133,480
2018 $5,533 $316,530 $200,000 $116,530
2017 $5,271 $315,670 $200,000 $115,670
2016 $4,936 $272,420 $150,000 $122,420
2015 $4,576 $232,850 $135,000 $97,850
2014 $4,247 $211,690 $125,000 $86,690
Source: Public Records

Map

Florida Brevard County Melbourne Beach 32951

503 Banyan Way, Melbourne Beach, FL

This home is located at 503 Banyan Way, Melbourne Beach, FL 32951 and is currently estimated at $613,256, approximately $335 per square foot. 503 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.

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