Seller's Agent in 2016
Kevin Hill
RE/MAX
(321) 543-3649
3 in this area
114 Total Sales
511 Banyan Way Melbourne Beach, FL 32951
Estimated Value: $590,129 - $675,000
3
Beds
2
Baths
1,693
Sq Ft
$368/Sq Ft
Est. Value
Highlights
- City View
- No HOA
- Breakfast Area or Nook
- Gemini Elementary School Rated A-
- Screened Porch
- 2 Car Attached Garage
About This Home
As of October 2016Footsteps to the Sea. Tastefully restored in Melbourne Beach, an idyllic beach home with top-of-the-line finishes, polished terrazzo flooring with mother of pearl inlay, sun-filled kitchen, and a fully fenced yard.
You'll love the gourmet-style remodeled kitchen offering high-end upgrades. Silestone counter tops, Thomasville soft close cabinets, stainless steel dual fuel gas/electric range with 2 ovens and a vented hood, Pass-thru window, pantry, a breakfast bar and eat-in nook.
Master suite offers new bathroom and closet. Bright sunlit rooms with ample closet space. Separate living room and dining/family room which leads you out to spacious lanai, perfect for those lazy summer evenings.
Designer renovations include a brand new Trane AC, On-Demand Propane Water Heater, Wi-Fi Control Thermostat, 1-1-1 horse power insinquerator, electrical panel & box, well and sprinkler system, sprinkler pump, and so many extras. '||chr(10)||'Private backyard perfect for entertaining with plenty of room for a pool. '||chr(10)||'Meticulously cared for home in the desirable Melbourne beach community, only those that live here can play here!
Last Agent to Sell the Property
RE/MAX Alternative Realty License #412189 Listed on: 06/30/2016
Last Buyer's Agent
Pamela Wise
Dreyer & Associates R.E. Grp.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,499
Year Built
- Built in 1963
Lot Details
- 0.3 Acre Lot
- North Facing Home
- Front and Back Yard Sprinklers
Parking
- 2 Car Attached Garage
Home Design
- Shingle Roof
- Concrete Siding
- Block Exterior
- Asphalt
- Stucco
Interior Spaces
- 1,693 Sq Ft Home
- 1-Story Property
- Built-In Features
- Ceiling Fan
- Family Room
- Living Room
- Dining Room
- Screened Porch
- City Views
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Electric Range
- Microwave
- Dishwasher
Flooring
- Tile
- Terrazzo
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Dryer
- Washer
- Sink Near Laundry
Outdoor Features
- Patio
Schools
- Gemini Elementary School
- Hoover Middle School
- Melbourne High School
Utilities
- Cooling Available
- Heating System Uses Propane
- Propane
- Well
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Community Details
- No Home Owners Association
- Island Shores Of Melbourne Beach Subdivision
Listing and Financial Details
- Assessor Parcel Number 28-38-06-75-00003.0-0007.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 19, 2023
Sold by
Lamb Stanton B and Berta Jean
Bought by
Lamb Family Revocable Trust and Lamb
Current Estimated Value
Purchase Details
Listed on
Jun 30, 2016
Closed on
Oct 3, 2016
Sold by
Gross Jason D and Mansfield Jessica L
Bought by
Lamb Stanton B and Lamb Berta Jean
Seller's Agent
Kevin Hill
RE/MAX Alternative Realty
Buyer's Agent
Pamela Wise
Dreyer & Associates R.E. Grp.
List Price
$389,900
Sold Price
$348,000
Premium/Discount to List
-$41,900
-10.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%
Original Mortgage
$298,687
Interest Rate
3.43%
Purchase Details
Closed on
Mar 13, 2009
Sold by
Smith Kent G
Bought by
Gross Jason D and Mansfield Jessica L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,178
Interest Rate
5.29%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lamb Family Revocable Trust | $100 | None Listed On Document | |
| Lamb Stanton B | $348,000 | State Title Partners Llp | |
| Gross Jason D | $211,000 | State Title Partners Llp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lamb Stanton B | $298,687 | |
| Previous Owner | Gross Jason D | $207,178 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/03/2016 10/03/16 | Sold | $348,000 | -3.3% | $206 / Sq Ft |
| 08/31/2016 08/31/16 | Pending | -- | -- | -- |
| 08/22/2016 08/22/16 | Price Changed | $359,900 | -7.7% | $213 / Sq Ft |
| 06/30/2016 06/30/16 | For Sale | $389,900 | -- | $230 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
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 | $7,707 | $526,130 | -- | -- |
| 2024 | $7,642 | $523,690 | -- | -- |
| 2023 | $7,642 | $564,160 | $330,000 | $234,160 |
| 2022 | $7,099 | $533,540 | $0 | $0 |
| 2021 | $5,628 | $332,430 | $240,000 | $92,430 |
| 2020 | $5,566 | $326,470 | $240,000 | $86,470 |
| 2019 | $5,385 | $308,300 | $200,000 | $108,300 |
| 2018 | $5,112 | $288,190 | $200,000 | $88,190 |
| 2017 | $5,167 | $288,470 | $200,000 | $88,470 |
| 2016 | $2,461 | $168,880 | $150,000 | $18,880 |
| 2015 | $2,499 | $167,710 | $135,000 | $32,710 |
| 2014 | $2,541 | $168,300 | $125,000 | $43,300 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Hill
-
P
Buyer's Agent in 2016
Pamela Wise
Dreyer & Associates R.E. Grp.
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 758469
APN: 28-38-06-75-00003.0-0007.00
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Information is deemed reliable but not guaranteed.
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