$226,500
SOLD MAY 15, 2026

741 Banyan Dr Melbourne, FL 32935

Melbourne Area
2 Beds
2 Baths
1,200 Sq Ft
10,019 Sq Ft Lot

Sale Details

Date Sold: May 15, 2026

$189 Per Sq Ft

24% Below List Price

42 Days on Market

Highlights

  • Traditional Architecture
  • Screened Porch
  • Tile Flooring
  • No HOA
  • Shed
  • Central Heating and Cooling System

About This Home

As of May 2026

***PRICE REDUCTION***Charming Melbourne Home Steps from Ballard Park & the River!
This well-maintained home offers a desirable split floor plan with a spacious living area and plenty of natural light. The freshly installed tongue-and-groove soffit adds a touch of craftsmanship to the exterior, and the 2019 roof provides peace of mind. Featuring two bedrooms plus a versatile bonus room with an adjoining bathroom--perfect as a private master suite, guest room, or office. Located right next to beautiful Ballard Park, you'll enjoy quick access to riverfront views, recreation, and all that Melbourne has to offer.

Last Agent to Sell the Property

Barbra-Ann Parmenter

Arium Real Estate, LLC License #3628563 Listed on: 02/09/2026

Last Buyer's Agent

Kaylee Blackmore

Arium Real Estate, LLC License #3545044

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,625

Year Built

  • Built in 1950

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home
  • Few Trees

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Screened Porch
  • Dryer

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • No Tub in Bathroom

Outdoor Features

  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Loveridge Heights Subd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-21-Em-00012.0-0007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,625

Year Built

Built in 1950

Lot Details

10,019 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Few Trees
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Loveridge Heights Subd
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • General Property Information Community Fee(s) YN: No
  • General Property Information CDD Fee YN: No
  • Marketing Remarks:Marketing Remarks: Home is vacant and showings can be booked through showing time
  • General Property Information:Accessory Dwelling Unit YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bathroom - Shower No Tub
  • Flooring: Carpet, Tile
  • Appliances: Dryer, Disposal, Dishwasher, Electric Oven, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 1

Exterior Features

  • Acres: 0.23
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Front Porch, Rear Porch, Screened

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Off Street

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-21-Em-00012.0-0007.00
  • Zoning Description: Residential

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4624.92

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

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

Listed on
Feb 9, 2026
Closed on
May 19, 2026
Sold by
Mcguire Margaret and Mary Mcguire-Smith
Bought by
Seller's Agent
Barbra-Ann Parmenter
Arium Real Estate, LLC
Buyer's Agent
Kaylee Blackmore
Arium Real Estate, LLC
List Price
$300,000
Sold Price
$226,500
Premium/Discount to List
-$73,500
-24.5%
Views
57
Current Estimated Value
$244,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,343
Avg. Annual Appreciation
25.74%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Melbourne, FL

  • Michelle Smith Real Estate Agent - RE/MAX Solutions

    Michelle Smith

    RE/MAX Solutions

    (321) 394-9751

    79 Total Sales

    14 in Melbourne

    $121K - $1.6M Price Range

    Michelle Smith
     Section Image
  • Myrna Colon Real Estate Agent - REAL BROKER, LLC

    Myrna Colon

    REAL BROKER, LLC

    (321) 587-3435

    28 Total Sales

    2 in Melbourne

    $270K - $300K Price Range

    Myrna Colon
     Section Image
  • Patricia Lorenzo Real Estate Agent - 85 & Sunny Real Estate,PA

    Patricia Lorenzo

    85 & Sunny Real Estate,PA

    (321) 351-4705

    57 Total Sales

    17 in Melbourne

    $109K - $381K Price Range

    Patricia Lorenzo
     Section Image
  • Patricia Weeks Real Estate Agent - Happy House Real Estate

    Patricia Weeks

    Happy House Real Estate

    (321) 730-3137

    55 Total Sales

    4 in Melbourne

    $227K - $1.7M Price Range

    Patricia Weeks
     Section Image
  • Deborah Harris-Caldwell Real Estate Agent - Dale Sorensen Real Estate Inc.

    Deborah Harris-Caldwell

    Responds Quickly

    Dale Sorensen Real Estate Inc.

    (321) 638-5776

    84 Total Sales

    9 in Melbourne

    $165K - $775K Price Range

    Deborah Harris-Caldwell
     Section Image
  • Sara Forst Griffin Real Estate Agent - RE/MAX Aerospace Realty

    Sara Forst Griffin

    RE/MAX Aerospace Realty

    (321) 450-7475

    40 Total Sales

    3 in Melbourne

    $200K - $260K Price Range

    Sara Forst Griffin
     Section Image
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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 Type Sale Price Title Company
Warranty Deed $226,500 Landmark Title
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
05/15/2026 05/15/26 Sold $226,500 -19.1% $189 / Sq Ft
03/23/2026 03/23/26 Pending -- -- --
03/04/2026 03/04/26 Price Changed $280,000 -6.7% $233 / Sq Ft
02/09/2026 02/09/26 For Sale $300,000 -- $250 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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
2026 $4,625 $259,180
2025 $4,625 $255,040
2024 $4,683 $247,110
2023 $4,683 $261,930 $150,000 $111,930
2022 $529 $66,270 $0 $0
2021 $536 $64,340 $0 $0
2020 $534 $63,460 $0 $0
2019 $541 $62,040 $0 $0
2018 $544 $60,890 $0 $0
2017 $550 $59,640 $0 $0
2016 $566 $58,420 $44,000 $14,420
2015 $578 $58,020 $40,000 $18,020
2014 $573 $57,560 $38,000 $19,560
Source: Public Records

Agents Affiliated with this Home

  • BP

    Seller's Agent in 2026

    Barbra-Ann Parmenter

    Arium Real Estate, LLC

    (321) 361-9542

    14 Total Sales

    Barbra-Ann Parmenter
    Section Image

  • KB

    Buyer's Agent in 2026

    Kaylee Blackmore

    Arium Real Estate, LLC

    (321) 917-7233

    31 Total Sales

    Kaylee Blackmore
    Section Image
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Map

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

MLS Number: 1068940

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-21-EM-00012.0-0007.00

Florida Brevard County Melbourne 32935

741 Banyan Dr, Melbourne, FL

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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