When was property at 313 Banyan Way built and last sold?

The property at 313 Banyan Way was built in 1982 and last sold on Nov 27, 1996 for $124,000.

How much is this home worth?

The estimated value of the home located at 313 Banyan Way is $582,272.

What are some comparable homes to 313 Banyan Way?

There are currently no comparable homes to 313 Banyan Way.

Melbourne Beach

32951

313 Banyan

Sold on Aug 15, 2024

Map

Video Tour

$536,000

● House - Off Market

313 Banyan

Melbourne Beach, FL 32951

4 Beds

2 Baths

1,855 Ft²

$2,960

Est. Monthly

4.81%

Cap Rate

About This Property

NEW PRICE! MELBOURNE BEACH AWAITS YOU! This warm & inviting home is just a short walk to the beach. A single-story residence features 4 bedrooms & 2 bathrooms, along with a 2-car garage. Spacious kitchen with low-maintenance silestone counter tops, stainless appliances, counter bar seating and a 6ft. pantry! The home offers two living areas, wood burning fire place & dining area. Roof 2020, A/C 2019, & plenty of room for a pool.

The home offers energy savings from the solar hot water heater and shade trees. Added feature of a circular driveway which enhances the curb appeal and offers additional parking. Located in a fantastic area known for its quiet streets and zoned for our ''A'' rated schools. Walk, bike or golf cart to the ocean & river, Melbourne beach pier, library, local shops & restaurants. This home is perfect for anyone looking to enjoy the laid back beach life style! Call today! style,offering a blend of comfort,convenience and coastal charm Schedule your showing today!

Unit Size

1,855 Ft²

Days on Market

83 days

Land Size

0.28 acres

Price per sqft

$305

Property Type

House

Property Taxes

$186

HOA Dues

Year Built

1982

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (Space Coast MLS #1014292)

Price History

Date / Event	Date	Event
Aug 15, 2024	Sold	Premium
Sold
Jul 16, 2024	In contract	-
In contract
Jul 12, 2024	Price Decreased	$565,000 ↓ $34K (5.7%)
Price Decreased
Jun 14, 2024	Price Decreased	$599,000 ↓ $46K (7.1%)
Price Decreased
May 17, 2024	Listed by Compass Florida, LLC	$645,000
Listed by Compass Florida, LLC
Dec 3, 1996	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1982

Effective Year Built: 2002
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: 462
Parking Space Count: 2
Patio Type: 5
Porch Type: 35
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 12,197

Lot Size Depth Feet: 1,200
Lot Size Frontage Feet: 1,000
Total Building Area: 2,443
Gross Building Area: 2,443
Building Area: 1,675
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,675
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: 0000000280
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: ISLAND SHORES OF MELBOURNE BEACH LOT 7 BLK 12

Neighborhood

School District Name: Brevard County School District

Census Tract: 066101

Zoning

Zoning: 2RS

Geography

Assessors Map Reference: 327

Account Number: 2847129
Parcel: 28-38-06-75-00012.0-0007.00
Block: 12
Lot: 7
Meridian: SEC 06 TWN 28S RNG 38E
Municipality: MELBOURNE BEACH
Latitude: 28.0747
Longitude: -80.5625

Address

Full Address: 313 Banyan Way

Address - House Number: 313
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: 2,228

Tax Year: 2022
Tax Amount: $216,054
Tax Rate Code Area: 34X0

Appraisal Valuation

Standard Deviation: 0.1969

Valuation Date: Jan 03, 2024
Confidence Score: 73
Final Value: 660,765
High Value: 790,875
Low Value: 530,654

Market Valuation

Market Total Value: $552,950

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $173,770

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Nov 27, 1996

Current Sale Recording Date: Dec 03, 1996
Current Sale Price:

Premium
Current Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium

Financing

First Mortgage Financing Type: FIX

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

Request mortgage information redaction

Comparables

About Melbourne Beach

Stats & Trends

Median Asking:

$749,000

Sale Price/ft²

$413

Below Asking

0.01%

Average Days on Market

Average Home Size

2610 ft²

Average Home Age

49.1 years

Currently For Sale

25 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 2150 Atlantic Street, Melbourne Beach, FL, 32951

$2,700 /mo

2 Beds
2 Baths
1,245 ft²

2150 Atlantic Street #423, Melbourne Beach, FL, 32951 Listing by Claudine B Sloms

Unit for rent at 2050 Atlantic Street, Melbourne Beach, FL, 32951

$2,650 /mo

2 Beds
2 Baths
1,215 ft²

2050 Atlantic Street #316, Melbourne Beach, FL, 32951 Listing by Jennifer E Weatherholt

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

$2,500 /mo

2 Beds
2 Baths
1,020 ft²

1145 N Shannon Avenue #39, Indialantic, FL, 32903 Listing by Amanda Davenport

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Samuel H Goodwin, Compass Florida, LLC
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 1014292

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.