NOT LISTED FOR SALE

509 Banyan Way Melbourne Beach, FL 32951

Estimated Value: $547,000 - $607,000

3 Beds
2 Baths
1,620 Sq Ft
$357/Sq Ft Est. Value

About This Home

This home is located at 509 Banyan Way, Melbourne Beach, FL 32951 and is currently estimated at $578,585, approximately $357 per square foot. 509 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
Jul 27, 2009
Sold by
Miller Betty Jo and Miller Justin
Bought by
Funkhouser Ted A and Funkhouser Nancy L
Current Estimated Value
$578,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Outstanding Balance
$86,764
Interest Rate
5.37%
Estimated Equity
$491,821
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Funkhouser Ted A $165,000 Supreme Title Closings Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Funkhouser Ted A $132,000
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 $106 $219,100 -- --
2024 $102 $212,930 -- --
2023 $102 $206,730 $0 $0
2022 $98 $200,710 $0 $0
2021 $93 $194,870 $0 $0
2020 $93 $192,180 $0 $0
2019 $93 $187,860 $0 $0
2018 $93 $184,360 $0 $0
2017 $93 $180,570 $0 $0
2016 $93 $176,860 $150,000 $26,860
2015 $93 $175,640 $135,000 $40,640
2014 $93 $174,250 $125,000 $49,250
Source: Public Records

Map

Florida Brevard County Melbourne Beach 32951

509 Banyan Way, Melbourne Beach, FL

This home is located at 509 Banyan Way, Melbourne Beach, FL 32951 and is currently estimated at $578,585, approximately $357 per square foot. 509 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.

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