955 Somerset Ln Melbourne, FL 32940
Suntree NeighborhoodEstimated Value: $419,504 - $475,000
3
Beds
2
Baths
1,576
Sq Ft
$280/Sq Ft
Est. Value
About This Home
This home is located at 955 Somerset Ln, Melbourne, FL 32940 and is currently estimated at $441,876, approximately $280 per square foot. 955 Somerset Ln is a home located in Brevard County with nearby schools including Suntree Elementary School, DeLaura Middle School, and Wavecrest Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 3, 2020
Sold by
Korothy John P and Korothy Anne M
Bought by
Korothy John P and Korothy Anne M
Current Estimated Value
Purchase Details
Closed on
Oct 1, 1999
Sold by
Vanover P Dean
Bought by
Vanover P Dean and Vanover Carol J
Purchase Details
Closed on
Apr 29, 1999
Sold by
Musgrove Velda G and Posada Velda G
Bought by
Korothy John P and Korothy Anne M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Korothy John P | -- | Attorney | |
| Vanover P Dean | -- | -- | |
| Korothy John P | $116,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Korothy John P | $110,000 |
Source: Public Records
Tax History Compared to Growth
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 | $2,198 | $175,530 | -- | -- |
| 2024 | $2,151 | $170,590 | -- | -- |
| 2023 | $2,151 | $165,630 | $0 | $0 |
| 2022 | $1,998 | $160,810 | $0 | $0 |
| 2021 | $2,053 | $156,130 | $0 | $0 |
| 2020 | $2,001 | $153,980 | $0 | $0 |
| 2019 | $1,945 | $150,520 | $0 | $0 |
| 2018 | $1,944 | $147,720 | $0 | $0 |
| 2017 | $1,955 | $144,690 | $0 | $0 |
| 2016 | $1,981 | $141,720 | $46,800 | $94,920 |
| 2015 | $2,034 | $140,740 | $51,300 | $89,440 |
| 2014 | $2,045 | $139,630 | $39,600 | $100,030 |
Source: Public Records
Map
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