NOT LISTED FOR SALE

5221 Palomino Dr Melbourne, FL 32934

Estimated Value: $535,786 - $730,000

3 Beds
3 Baths
2,484 Sq Ft
$247/Sq Ft Est. Value

About This Home

This home is located at 5221 Palomino Dr, Melbourne, FL 32934 and is currently estimated at $612,447, approximately $246 per square foot. 5221 Palomino Dr is a home located in Brevard County with nearby schools including Sabal Elementary School, Lyndon B. Johnson Middle School, and Eau Gallie High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2010
Sold by
Fannie Mae
Bought by
Cogswell Michael and Cogswell Jennifer
Current Estimated Value
$612,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,400
Outstanding Balance
$147,505
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$464,942

Purchase Details

Closed on
Sep 14, 2010
Sold by
Torres Joseph
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 16, 2006
Sold by
Keiser Steven and Keiser Kristin
Bought by
Torres Joseph and Torres Niska Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
6.08%

Purchase Details

Closed on
May 6, 2005
Sold by
Chadbourne Douglas J and Chadbourne Judy W
Bought by
Keiser Steven and Keiser Kristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
6.37%

Purchase Details

Closed on
Jun 13, 1994
Sold by
Schmidt Carl and Schmidt Marjorie
Bought by
Chadbourne Douglas J and Chadbourne Judy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,150
Interest Rate
8.52%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
Cogswell Michael $232,000 Title & Abstract Agency Of A
Federal National Mortgage Association -- None Available
Torres Joseph $428,000 Alliance Title
Keiser Steven $340,000 Alday Donalson Title Agencie
Chadbourne Douglas J $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cogswell Michael $220,400
Previous Owner Torres Joseph $321,000
Previous Owner Keiser Steven $306,000
Previous Owner Chadbourne Douglas J $130,150
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 $2,533 $189,680 -- --
2024 $2,481 $184,340 -- --
2023 $2,481 $178,980 $0 $0
2022 $2,313 $173,770 $0 $0
2021 $2,374 $168,710 $0 $0
2020 $2,296 $166,390 $0 $0
2019 $2,239 $162,650 $0 $0
2018 $2,238 $159,620 $0 $0
2017 $2,247 $156,340 $0 $0
2016 $2,277 $153,130 $72,000 $81,130
2015 $2,332 $152,070 $65,000 $87,070
2014 $2,345 $150,870 $55,000 $95,870
Source: Public Records

Map

Florida Brevard County Melbourne 32934

5221 Palomino Dr, Melbourne, FL

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