NOT LISTED FOR SALE

5225 NE 240th Terrace Melrose, FL 32666

Melrose Area

Estimated Value: $283,000 - $460,000

2 Beds
3 Baths
1,862 Sq Ft
$195/Sq Ft Est. Value

About This Home

This home is located at 5225 NE 240th Terrace, Melrose, FL 32666 and is currently estimated at $363,485, approximately $195 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2024
Sold by
Bought by
Current Estimated Value
$363,485

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
Interest Rate
0.0679%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 17, 2020
Sold by
Bought by

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
0.027%
Mortgage Type
VA

Purchase Details

Closed on
Nov 27, 2019
Sold by
Bought by

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
0.0375%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2016
Sold by
Bought by

Purchase Details

Closed on
Oct 10, 2013
Bought by

Purchase Details

Closed on
Mar 20, 2012
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$285,000 None Listed On Document
$180,000 Atlas T&E Svcs Llc
$138,500 Florida Legal Title Llc
-- None Available
-- --
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $260,988
Previous Owner $180,000
Previous Owner $124,650
Previous Owner $112,000
Previous Owner $47,000
Previous Owner $47,000
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,470 $194,458 $28,500 $165,958
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

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