NOT LISTED FOR SALE

681 Banyan Dr Melbourne, FL 32935

Estimated Value: $377,000 - $440,000

4 Beds
2 Baths
1,535 Sq Ft
$268/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $450,000 $293 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,657/month

72 Days on Market

Highlights

  • Boat Dock
  • In Ground Pool
  • Open Floorplan
  • Melbourne Senior High School Rated A-
  • RV Access or Parking
  • No HOA

About This Home

As of May 2023

Seller Says to Keep Dropping until its SOLD!
$30,000 price drop!

Ballard Park = Boaters Paradise!
This 4 bedroom, 2 bathroom split floor plan gives you the best of both worlds!

Enjoy the luxury quartz countertops, a HUGE master bathroom, walk in closet, new cabinets and stainless steel appliances (with a pot filler!). On the weekends enjoy your private pool, RV Hookup, Public boating, fishing, grilling, and so much more in Ballard Park right in your own community!

Bonus features include the U-shaped driveway, updated landscaping, 3 year old roof, 2022 Hot water heater, 2022 HVAC, Electric updated in 2023, pool pump replaced in 2023, the pool is serviced 2x per week, RV/Boat Parking, and Storage shed. This home has had all windows replaced, ducts cleaned, and has been completely completely

Last Agent to Sell the Property

Trenton Miller

Denovo Realty Listed on: 02/14/2023

Last Buyer's Agent

Sandy Jackson

Brevards Best Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,296

Year Built

  • Built in 1950

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home
  • Wood Fence
  • Irregular Lot
  • Front and Back Yard Sprinklers

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,535 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Family Room
  • Vinyl Flooring
  • ENERGY STAR Qualified Washer

Kitchen

  • Electric Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Parking

  • Circular Driveway
  • RV Access or Parking

Eco-Friendly Details

  • Energy-Efficient Windows
  • Water-Smart Landscaping

Outdoor Features

  • In Ground Pool
  • Courtyard
  • Patio
  • Shed
  • Porch

Schools

  • Harbor City Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-37-21-Em-00012.0-0003.00

Community Details

Overview

  • No Home Owners Association
  • Loveridge Heights Subd Association
  • Loveridge Heights Subd Subdivision

Recreation

  • Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,296

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Irregular Lot, Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso Association Amenities: Basketball Court, Boat Dock, Boat Slip, Park, Playground, Tennis Court(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Loveridge Heights Subd
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Efficiency: Windows
  • Location Tax and Legal Parcel Number2: 27-37-21-Em-00012.0-0003.00
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 3295.85
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1535.0
  • General Property Information Building Area Total3: 1600.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Well: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Other Structures Shed(s): Yes
  • Utilities Water Available: Yes
  • Green Water Conservation Water-Smart Landscaping: Yes
  • Room Types Family Room: Yes
  • Utilities Sewer Available: Yes
  • Flooring Vinyl: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Vinyl
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Washer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:ENERGY STAR Qualified Dishwasher: Yes
  • Appliances:ENERGY STAR Qualified Refrigerator: Yes
  • Appliances:ENERGY STAR Qualified Washer: Yes

Exterior Features

  • Exterior Features: Courtyard
  • Pool Features: In Ground, Other
  • Roof: Shingle
  • Fencing: Fenced, Wood
  • Acres: 0.23
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Lot Features:Irregular Lot: Yes
  • Exterior Features:Courtyard: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Circular Driveway, RV Access/Parking
  • General Property Information:Garage YN: No
  • Parking Features:Circular Driveway: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Electric
  • Utilities: Cable Available, Electricity Connected, Sewer Available, Water Available
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public, Well
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: LOVERIDGE HEIGHTS SUBD
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: LOVERIDGE HEIGHTS SUBD
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Boat Slip: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2724370
  • Parcel #: 27-37-21-Em-00012.0-0003.00
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Water-Smart Landscaping
  • Green Energy Efficient:Windows: Yes

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3295.85

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2023
Closed on
May 24, 2023
Sold by
P & L Bear Llc
Bought by
Allen Joseph and Allen Jennifer N
Seller's Agent
Trenton Miller
Denovo Realty
Buyer's Agent
Sandy Jackson
Brevards Best Realty, Inc.
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%
Views
90
Current Estimated Value
$410,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,238
Avg. Annual Appreciation
-2.28%
Original Mortgage
$300,000
Outstanding Balance
$293,407
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$133,954

Purchase Details

Closed on
Oct 12, 2022
Sold by
Alvarez Peter M and Alvarez Jennifer
Bought by
P & L Bear Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,200
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2002
Sold by
Studstill Tom S
Bought by
Alvarez Peter M and Alvarez Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,231
Interest Rate
6.81%

Purchase Details

Closed on
May 31, 1996
Sold by
Lerda George H and Lerda Andrea A
Bought by
Studstill Tom S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,550
Interest Rate
7.93%
Source: Public Records

Range of Values:

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Average Value
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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
Allen Joseph $450,000 Foundation Title & Settlement
P & L Bear Llc $298,000 Foundation Title
Alvarez Peter M $98,000 --
Studstill Tom S $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Joseph $300,000
Previous Owner P & L Bear Llc $268,200
Previous Owner Alvarez Peter M $31,500
Previous Owner Alvarez Peter M $165,200
Previous Owner Alvarez Peter M $15,987
Previous Owner Alvarez Peter M $97,231
Previous Owner Studstill Tom S $70,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $450,000 -10.0% $293 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
04/19/2023 04/19/23 Price Changed $499,999 -3.8% $326 / Sq Ft
04/08/2023 04/08/23 Price Changed $519,999 -1.0% $339 / Sq Ft
04/04/2023 04/04/23 Price Changed $524,999 -0.9% $342 / Sq Ft
03/22/2023 03/22/23 Price Changed $529,999 -1.3% $345 / Sq Ft
03/16/2023 03/16/23 Price Changed $537,000 -0.6% $350 / Sq Ft
03/05/2023 03/05/23 Price Changed $539,999 -1.1% $352 / Sq Ft
02/28/2023 02/28/23 Price Changed $545,999 -0.4% $356 / Sq Ft
02/25/2023 02/25/23 Price Changed $547,999 -0.4% $357 / Sq Ft
02/16/2023 02/16/23 Price Changed $549,999 0.0% $358 / Sq Ft
02/14/2023 02/14/23 For Sale $550,000 -- $358 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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
2023 $5,025 $281,530 $150,000 $131,530
2022 $3,296 $244,250 $0 $0
2021 $2,723 $147,320 $84,000 $63,320
2020 $2,484 $131,500 $70,000 $61,500
2019 $895 $84,110 $0 $0
2018 $884 $82,550 $0 $0
2017 $875 $80,860 $0 $0
2016 $884 $79,200 $44,000 $35,200
2015 $898 $78,650 $40,000 $38,650
2014 $883 $78,030 $38,000 $40,030
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Trenton Miller

    Denovo Realty

  • S

    Buyer's Agent in 2023

    Sandy Jackson

    Brevards Best Realty, Inc.

    Section Image

  • S

    Buyer's Agent in 2023

    Sandra Jackson

    Brevards Best Realty, Inc.

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 956836

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-21-EM-00012.0-0003.00

Florida Brevard County Melbourne 32935

681 Banyan Dr, Melbourne, FL

This home is located at 681 Banyan Dr, Melbourne, FL 32935 since 14 February 2023 and is currently estimated at $410,762, approximately $267 per square foot. This property was built in 1950. 681 Banyan Dr is a home located in Brevard County with nearby schools including Harbor City 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.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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