NOT LISTED FOR SALE

5225 NE 240th Terrace Melrose, FL 32666

Estimated Value: $284,802 - $354,000

4 Beds
2 Baths
1,862 Sq Ft
$168/Sq Ft Est. Value

About This Home

This home is located at 5225 NE 240th Terrace, Melrose, FL 32666 and is currently estimated at $311,951, approximately $167 per square foot. 5225 NE 240th Terrace is a home located in Alachua County with nearby schools including Chester Shell Elementary School and Hawthorne Middle/High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
Dix George and Dix Jessica
Bought by
Thrash Kayla M and Thrash Joseph C
Current Estimated Value
$311,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,988
Outstanding Balance
$258,465
Interest Rate
6.79%
Mortgage Type
FHA
Estimated Equity
$49,761

Purchase Details

Closed on
Dec 17, 2020
Sold by
Ruby Joseph T
Bought by
Dix Jessica and Dix George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
2.7%
Mortgage Type
VA

Purchase Details

Closed on
Nov 27, 2019
Sold by
Chiappini Robin L and Chiappini Ruby Joseph
Bought by
Ruby Josepht

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,650
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2016
Sold by
Ruby Joseph T
Bought by
Ruby Kelly C

Purchase Details

Closed on
Oct 10, 2013
Bought by
Chiappini and Chiappini Ruby

Purchase Details

Closed on
Mar 20, 2012
Sold by
Ruby Marie M
Bought by
Rulry Joseph J
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
Thrash Kayla M $285,000 None Listed On Document
Dix Jessica $180,000 Atlas T&E Svcs Llc
Ruby Josepht $138,500 Florida Legal Title Llc
Ruby Kelly C -- None Available
Chiappini -- --
Rulry Joseph J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thrash Kayla M $260,988
Previous Owner Dix Jessica $180,000
Previous Owner Ruby Josepht $124,650
Previous Owner Ruby Joseph T $112,000
Previous Owner Ruby Marie $47,000
Previous Owner Ruby Marie $47,000
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
2024 $3,231 $181,646 $28,500 $153,146
2023 $3,231 $178,245 $28,500 $149,745
2022 $2,919 $156,766 $22,800 $133,966
2021 $2,380 $99,718 $22,800 $76,918
2020 $1,777 $72,252 $22,800 $49,452
2019 $1,302 $73,599 $22,800 $50,799
2018 $1,420 $79,780 $0 $0
2017 $1,448 $79,530 $0 $0
2016 $1,256 $75,340 $0 $0
2015 $1,143 $70,200 $0 $0
2014 $2,073 $84,500 $0 $0
2013 -- $86,200 $22,800 $63,400
Source: Public Records

Map

Florida Alachua County Melrose 32666

5225 NE 240th Terrace, Melrose, FL

This home is located at 5225 NE 240th Terrace, Melrose, FL 32666 and is currently estimated at $311,951, approximately $167 per square foot. 5225 NE 240th Terrace is a home located in Alachua County with nearby schools including Chester Shell Elementary School and Hawthorne Middle/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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