See Home Value
$259,000
● House - Off Market

316 Banyan Way

Melbourne Beach, FL 32951
bedrooms
3 Beds
bathrooms
2 Baths
$537,157
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Just dropped $20,000!

Nice 3/2 home with a few minutes walk to the ocean in desirable Melbourne Beach. Lots of potential!

Brick fireplace, fenced in yard, and 2 car garage make this an ideal home. Won't last- call to see this great home in a great neighborhood.
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$372
HOA Dues
-
Year Built
1972

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Space Coast MLS #719941)

Price History

Date / Event Date Event Price
Jun 2, 2015 Sold
Sold
Mar 12, 2015 Listed by Tropical Breeze Properties $299,900
Listed by Tropical Breeze Properties

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 2000
  • 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: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 464
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,408
  • Gross Building Area: 2,408
  • Building Area: 1,848
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,848
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVER COLONY EAST
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: RIVER COLONY EAST LOT 5 BLK E

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 066101

Zoning

  • Zoning: 1RS

Geography

  • Assessors Map Reference: 327
  • Account Number: 2847178
  • Parcel: 28-38-06-77-0000E.0-0005.00
  • Block: E
  • Lot: 5
  • Meridian: SEC 06 TWN 28S RNG 38E
  • Municipality: MELBOURNE BEACH
  • Latitude: 28.0741
  • Longitude: -80.563

    Address

  • Full Address: 316 Banyan Way
  • Address - House Number: 316
  • Address - Street Name: Banyan
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Melbourne Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 2051
  • Zip Code: 32951

Valuation

    Tax

  • Total Area: 2,138
  • Tax Year: 2022
  • Tax Amount: $9,813
  • Tax Rate Code Area: 34X0

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 769,218
  • High Value: 908,399
  • Low Value: 630,037

    Market Valuation

  • Market Total Value: $557,450

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $327,690

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: May 23, 2016
  • Current Sale Recording Date: May 24, 2016
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016099454
  • Previous Sale Recording Date: Jun 02, 2015
  • Previous Sale Contract Date: May 28, 2015
  • Previous Sale Amount: $259,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About River Colony East


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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 Shannon Avenue, Indialantic, FL, 32903

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,020 ft²
1145 Shannon Avenue, Indialantic, FL, 32903 Listing by Petra Appling
Unit for rent at 1706 Atlantic Street, Melbourne Beach, FL, 32951

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,575 ft²
1706 Atlantic Street #3B, Melbourne Beach, FL, 32951 Listing by Eric S Van Dam


Frequently Asked Questions

When was property at 316 Banyan Way built and last sold?
The property at 316 Banyan Way was built in 1972 and last sold on May 23, 2016 for $0.
How much is this home worth?
The estimated value of the home located at 316 Banyan Way is $302,899.
What are some comparable homes to 316 Banyan Way?
There are currently no comparable homes to 316 Banyan Way.