507 Ocean Ave Melbourne Beach, FL 32951
Estimated Value: $347,826 - $387,000
3
Beds
2
Baths
1,611
Sq Ft
$231/Sq Ft
Est. Value
About This Home
This home is located at 507 Ocean Ave, Melbourne Beach, FL 32951 and is currently estimated at $372,707, approximately $231 per square foot. 507 Ocean 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
Feb 3, 2017
Sold by
Dovale Richard J
Bought by
Miller David A and Miller Sherri L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Outstanding Balance
$153,684
Interest Rate
4.32%
Estimated Equity
$219,023
Purchase Details
Closed on
Nov 25, 2003
Sold by
Maronda Homes Inc Of Florida
Bought by
Dovale Richard J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,550
Interest Rate
6.04%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miller David A | $185,000 | Fidelity National Title Of F | |
| Dovale Richard J | $118,300 | Adnoram Title Company Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Miller David A | $185,000 | |
| Previous Owner | Dovale Richard J | $94,550 | |
| Closed | Dovale Richard J | $11,821 |
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 | $3,981 | $312,800 | -- | -- |
| 2024 | $3,715 | $298,000 | -- | -- |
| 2023 | $3,715 | $268,200 | $0 | $0 |
| 2022 | $3,206 | $227,410 | $0 | $0 |
| 2021 | $3,030 | $189,320 | $44,000 | $145,320 |
| 2020 | $2,844 | $175,450 | $44,000 | $131,450 |
| 2019 | $2,858 | $175,750 | $44,000 | $131,750 |
| 2018 | $2,688 | $158,420 | $35,000 | $123,420 |
| 2017 | $1,260 | $96,860 | $0 | $0 |
| 2016 | $1,265 | $94,870 | $30,000 | $64,870 |
| 2015 | $1,281 | $94,220 | $30,000 | $64,220 |
| 2014 | $1,280 | $93,480 | $25,000 | $68,480 |
Source: Public Records
Map
Nearby Homes
- 1101 River Rd
- 416 3rd Ave
- 531 Sunset Blvd
- 804 Oak St
- 510 Andrews Dr
- 1403 Oak St
- 604 Citrus Ct
- 603 Citrus Ct Unit River Colony East Bl
- 303 Shannon Ave
- 300 Oak St
- 508 Magnolia Ave
- 200 Oak St
- 217 Ash Ave
- 1908 Cedar Ln
- 1710 S Miramar Ave
- 1603 Atlantic St
- 1700 Atlantic St Unit 9
- 148 Miami Ave
- 1702 Atlantic St Unit 1C
- 398 Riverview Ln
- 1003 River Rd
- 514 Ocean Ave
- 512 Ocean Ave
- 508 Ocean Ave Unit C
- 508 Ocean Ave Unit Ri
- 508 Ocean Ave
- 508 Ocean Ave Unit R
- 508 Ocean Ave Unit 1
- 518 Ocean Ave Unit 2
- 518 Ocean Ave
- 507 1st Ave
- 520 Ocean Ave
- 520 Ocean Ave Unit E-W
- 500 1st Ave
- 500 First Ave
- 505 1st Ave
- 505 First
- 1080 Pine St
- 503 1st Ave
- 503 First