When was property at 408 Banyan Way built and last sold?

The property at 408 Banyan Way was built in 1962 and last sold on Apr 20, 2022 for $585,000.

How much is this home worth?

The estimated value of the home located at 408 Banyan Way is $0.

What are some comparable homes to 408 Banyan Way?

There are currently no comparable homes to 408 Banyan Way.

Melbourne Beach

32951

408 Banyan Way

Sold on Apr 22, 2022

Map

$585,000

● House - Off Market

408 Banyan Way

Melbourne Beach, FL 32951

3 Beds

2 Baths

1,847 Ft²

$593,017

RealtyHop Estimate

1.37%

Since May 1, 2022

National-US

Primary Model

About This Property

WOW what a price to be in SOFA and only a short walk to beach. HUGE LOT .3 of an acre. AMAZING location and this home won't last long! OPPORTUNITY KNOCKS, will you ANSWER? Roof 2014, home protected accordion hurricane shutters installed 2008. Professional photos coming soon.

Unit Size

1,847 Ft²

Days on Market

16 days

Land Size

0.30 acres

Price per sqft

$317

Property Type

House

Property Taxes

$478

HOA Dues

Year Built

1962

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Space Coast MLS #931436)

Price History

Date / Event	Date	Event
Apr 22, 2022	Sold	Premium
Sold
Apr 6, 2022	Listed by RE/MAX Alternative Realty	$585,000
Listed by RE/MAX Alternative Realty

Property Highlights

Garage

Building Info

Overview

General

Year Built: 1962

Effective Year Built: 1992
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: 572
Parking Space Count: 2
Patio Type: 5
Porch Type: 35
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: 2,693
Gross Building Area: 2,693
Building Area: 1,457
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,457
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: 0000000300
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: ISLAND SHORES OF MELBOURNE BEACH LOT 12 BLK 10

Neighborhood

School District Name: Brevard County School District

Census Tract: 066101

Zoning

Zoning: 2RS

Geography

Assessors Map Reference: 327

Account Number: 2847105
Parcel: 28-38-06-75-00010.0-0012.00
Block: 10
Lot: 12
Meridian: SEC 06 TWN 28S RNG 38E
Municipality: MELBOURNE BEACH
Latitude: 28.0772
Longitude: -80.5642

Address

Full Address: 408 Banyan Way

Address - House Number: 408
Address - Street Name: Banyan
Address - Suffix Type: Way
State: FL
City Name: Melbourne Beach
Carrier Code: C001
4-Digit Zip Code: 2018
Zip Code: 32951

Valuation

Tax

Total Area: 2,139

Tax Year: 2022
Tax Amount: $659,977
Tax Rate Code Area: 34X0

Appraisal Valuation

Standard Deviation: 0.197

Valuation Date: Jan 03, 2024
Confidence Score: 73
Final Value: 616,327
High Value: 737,768
Low Value: 494,886

Market Valuation

Market Total Value: $500,370

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $500,370

Sales

Current Sale Contract Date: Apr 20, 2022

Current Sale Recording Date: Apr 22, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 101963
Previous Sale Recording Date: Apr 07, 2022
Previous Sale Contract Date: Apr 05, 2022
Previous Sale Amount: $475,000
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 Type:

Premium
Previous Mortgage Loan Due Date:

Premium

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:

$754,950

Sale Price/ft²

$410

Below Asking

0.02%

Average Days on Market

Average Home Size

2172 ft²

Average Home Age

56.7 years

Currently For Sale

14 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 1700 Atlantic Street, Melbourne Beach, FL, 32951

$2,150 /mo

2 Beds
2 Baths
1,120 ft²

1700 Atlantic Street #1, Melbourne Beach, FL, 32951 Listing by Jody V Donnelly

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

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Jack Taylor, RE/MAX Alternative Realty
Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 931436

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.