When was property at 305 Banyan Way built and last sold?

The property at 305 Banyan Way was built in 1961 and last sold on Aug 17, 2020 for $420,000.

How much is this home worth?

The estimated value of the home located at 305 Banyan Way is $0.

What are some comparable homes to 305 Banyan Way?

There are currently no comparable homes to 305 Banyan Way.

Melbourne Beach

32951

305 Banyan Way

Sold on Aug 17, 2020

Map

$420,000

● House - Off Market

305 Banyan Way

Melbourne Beach, FL 32951

3 Beds

2 Baths

1,642 Ft²

$588,850

RealtyHop Estimate

36.97%

Since Sep 1, 2020

National-US

Primary Model

About This Property

Located in the Island Shores district of Melbourne Beach, this three bedroom, two bathroom concrete block home is only minutes from the ocean! Inside features an ideal floor plan with separate living, dining and family room areas. The expansive kitchen offers eat-in space with additional cabinetry for entertaining guests. Outside, this family home features an oversized driveway setting you back into a maturely vegetated atmosphere with a 6' privacy fence, a large pool with screen enclosure, and a brand NEW ROOF.

Unit Size

1,642 Ft²

Days on Market

144 days

Land Size

0.27 acres

Price per sqft

$262

Property Type

House

Property Taxes

$237

HOA Dues

Year Built

1961

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Space Coast MLS #871935)

Price History

Date / Event	Date	Event
Aug 31, 2020	Sold	Premium
Sold
Mar 26, 2020	Listed by Dale Sorensen Real Estate Inc.	$429,900
Listed by Dale Sorensen Real Estate Inc.
Sep 19, 2012	Sold	Premium
Sold
Jun 19, 2012	Listed by Dale Sorensen Real Estate Inc.	$245,900
Listed by Dale Sorensen Real Estate Inc.

Property Highlights

Garage

Air Conditioning

With View

Building Info

Overview

General

Year Built: 1961

Effective Year Built: 1991
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
Building Condition: 0
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 460
Parking Space Count: 2
Patio Type: 69
Porch Type: 35
Pool Type: 8
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 11,761

Lot Size Depth Feet: 1,200
Lot Size Frontage Feet: 983
Total Building Area: 2,146
Gross Building Area: 2,146
Building Area: 1,442
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,442
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: ISLAND SHORES OF MELBOURNE BEACH
Land Acres: 0000000270
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: ISLAND SHORES OF MELBOURNE BEACH LOT 3 BLK 12

Neighborhood

School District Name: Brevard County School District

Census Tract: 066101

Zoning

Zoning: 2RS

Geography

Assessors Map Reference: 327

Account Number: 2847125
Parcel: 28-38-06-75-00012.0-0003.00
Block: 12
Lot: 3
Meridian: SEC 06 TWN 28S RNG 38E
Municipality: MELBOURNE BEACH
Latitude: 28.0758
Longitude: -80.5625

Address

Full Address: 305 Banyan Way

Address - House Number: 305
Address - Street Name: Banyan
Address - Suffix Type: Way
State: FL
City Name: Melbourne Beach
Carrier Code: C001
4-Digit Zip Code: 2015
Zip Code: 32951

Valuation

Tax

Total Area: 1,869

Tax Year: 2022
Tax Amount: $642,590
Initial Tax Delinquent Year: 2022
Tax Rate Code Area: 34X0

Appraisal Valuation

Standard Deviation: 0.1969

Valuation Date: Jan 03, 2024
Confidence Score: 73
Final Value: 651,582
High Value: 779,884
Low Value: 523,280

Market Valuation

Market Total Value: $489,470

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $489,470

Sales

Current Sale Contract Date: Aug 17, 2020

Current Sale Recording Date: Aug 31, 2020
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2020187396
Previous Sale Recording Date: Sep 19, 2012
Previous Sale Contract Date: Sep 14, 2012
Previous Sale Amount: $225,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Melbourne Beach

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$413

Below Asking

0.02%

Average Days on Market

Average Home Size

2458 ft²

Average Home Age

52.4 years

Currently For Sale

22 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1706 Atlantic Street, Melbourne Beach, FL, 32951

$2,200 /mo

2 Beds
2 Baths
1,575 ft²

1706 Atlantic Street #3B, Melbourne Beach, FL, 32951 Listing by Eric S Van Dam

Unit for rent at 210 6th Avenue, Indialantic, FL, 32903

$2,300 /mo

1 Bed
1 Bath
580 ft²

210 6th Avenue #1, Indialantic, FL, 32903 Listing by Scott M Bouchard

Unit for rent at 1145 N Shannon Avenue, Indialantic, FL, 32903

$2,200 /mo

2 Beds
2 Baths
1,020 ft²

1145 N Shannon Avenue #24, Indialantic, FL, 32903 Listing by Robert Thomas Adkins

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Anthony M Romero, Dale Sorensen Real Estate Inc.
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 871935

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