NOT LISTED FOR SALE

692 Palmer Way Melbourne, FL 32940

Suntree Neighborhood

Estimated Value: $736,557 - $824,000

4 Beds
3 Baths
3,031 Sq Ft
$259/Sq Ft Est. Value

About This Home

This home is located at 692 Palmer Way, Melbourne, FL 32940 and is currently estimated at $783,889, approximately $258 per square foot. 692 Palmer Way is a home located in Brevard County with nearby schools including Suntree Elementary School, DeLaura Middle School, and Pinecrest Academy Space Coast.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2019
Sold by
Ashie Francis A and Ashie Jacqueline R
Bought by
Ashie Francis Afutu
Current Estimated Value
$783,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Outstanding Balance
$333,366
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$450,523

Purchase Details

Closed on
Sep 21, 2010
Sold by
Patton James L and Patton Ella N
Bought by
Ashie Francis A and Ashie Jacqueline R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
4.45%

Purchase Details

Closed on
Feb 7, 2002
Sold by
Patton James L
Bought by
Borek Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
7.12%

Purchase Details

Closed on
Nov 12, 2001
Sold by
Patton James L
Bought by
Patton James L

Purchase Details

Closed on
Jul 31, 2000
Sold by
Falcon Realty & Dev Corp
Bought by
Patton James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.12%

Purchase Details

Closed on
Nov 3, 1998
Sold by
Patel Mahendra and Patel Nalini
Bought by
Falcon Realty & Dev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.65%

Purchase Details

Closed on
May 11, 1995
Sold by
Suntree Tr 51 Gen Ptnr
Bought by
Patel Mahendra and Patel Nalini
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
Ashie Francis Afutu -- Attorney
Ashie Francis A $402,500 Attorney
Borek Thomas J $295,000 --
Patton James L -- --
Patton James L $300,000 --
Falcon Realty & Dev $62,500 --
Patel Mahendra $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ashie Francis Afutu $384,000
Closed Ashie Francis A $322,000
Previous Owner Borek Thomas J $292,000
Previous Owner Patton James L $240,000
Previous Owner Falcon Realty & Dev $240,000
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
2025 $8,471 $665,960 -- --
2024 $8,366 $677,800 -- --
2023 $8,366 $673,180 $0 $0
2022 $7,418 $630,310 $0 $0
2021 $6,741 $468,490 $85,000 $383,490
2020 $6,226 $424,000 $56,000 $368,000
2019 $4,332 $314,970 $0 $0
2018 $4,351 $309,100 $0 $0
2017 $4,407 $302,750 $0 $0
2016 $4,498 $296,530 $56,000 $240,530
2015 $4,647 $294,470 $56,000 $238,470
2014 $4,685 $292,140 $72,000 $220,140
Source: Public Records

Map

Florida Brevard County Melbourne 32940 Suntree

692 Palmer Way, Melbourne, FL

This home is located at 692 Palmer Way, Melbourne, FL 32940 and is currently estimated at $783,889, approximately $258 per square foot. 692 Palmer Way is a home located in Brevard County with nearby schools including Suntree Elementary School, DeLaura Middle School, and Pinecrest Academy Space Coast.

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