NOT LISTED FOR SALE

1508 Hedrick Dr Melbourne, FL 32901

Estimated Value: $267,000 - $295,000

4 Beds
3 Baths
2,088 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: February 20, 2026

Last sale price $270,000 $129 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,547 / mo

115 Days on Market

Highlights

  • Open Floorplan
  • Covered Patio or Porch
  • Built-In Features
  • No HOA
  • 1 Car Attached Garage
  • Walk-In Closet

About This Home

As of February 2026

Spacious 4-bedroom, 3-bath concrete block home offering 2,088 square feet of living space on a 0.2-acre lot. This unique property features a flexible floor plan with a primary kitchen plus hookups for a secondary kitchenette—perfect for multi-generational living or guest accommodations. The roof is approximately 5 years old, and recent updates include a new electrical panel and durable laminate flooring throughout. Enjoy energy savings with window A/C units that allow for cooling specific areas as needed. The home also includes a one-car garage, a double-wide driveway, and an additional bonus room (not under A/C) connected to the laundry area, offering even more versatility. Step outside to a large screened lanai overlooking a spacious backyard filled with mature, productive fruit trees. Floor plan available upon request. Excellent central Melbourne locationjust 5 minutes from Melbourne International Airport and less than 15 minutes to the beaches, shopping, dining, and entertainment.

Last Agent to Sell the Property

Luis Rojas

Redfin Corp. License #3482994 Listed on: 10/10/2025

Redfin Corp.

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $677

Year Built

  • Built in 1957

Lot Details

  • 8,712 Sq Ft Lot
  • East Facing Home
  • Cleared Lot

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,088 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • University Park Elementary School
  • Stone Middle School
  • Melbourne High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Magnolia Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-37-04-25-0000f.0-0002.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$677

Year Built

Built in 1957

Lot Details

8,712 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cleared
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Manor
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Community Fee(s) YN: No
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Bedroom 4 Level: Main
  • General Property Information CDD Fee YN: No
  • Room Types Primary Bedroom Level: Main
  • Room Types Bedroom 5 Level: Main
  • General Property Information:Accessory Dwelling Unit YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Open Floorplan, Primary Downstairs, Walk-In Closet(s)
  • Flooring: Tile, Vinyl
  • Appliances: Dishwasher, Electric Cooktop, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Acres: 0.2
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Rear Porch

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Off Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Utilities: Cable Available
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-04-25-0000f.0-0002.00
  • Zoning Description: Residential

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 677.48

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2025
Closed on
Feb 20, 2026
Sold by
Bought by
Seller's Agent
Luis Rojas
Redfin Corp.
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$300,000
Sold Price
$270,000
Premium/Discount to List
-$30,000
-10%
Views
311
Current Estimated Value
$275,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,728
Avg. Annual Appreciation
6.37%
Original Mortgage
$271,700
Outstanding Balance
$271,700
Interest Rate
6.16%
Mortgage Type
Construction
Estimated Equity
$4,028

Purchase Details

Closed on
Dec 17, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2012
Sold by
Bought by

Purchase Details

Closed on
May 18, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
4.88%

Purchase Details

Closed on
Aug 2, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 2010
Sold by
Bought by

Purchase Details

Closed on
May 31, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,231
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 29, 1994
Sold by
Bought by

Purchase Details

Closed on
Nov 9, 1993
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$270,000 Supreme Title Closings
-- Amrock
$24,000 None Available
$65,000 Lawyers Advantage Title Grou
-- None Available
-- New House Title Llc
$98,000 --
-- --
$22,300 --
$70,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $271,700
Previous Owner $162,000
Previous Owner $48,750
Previous Owner $97,231
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/20/2026 02/20/26 Sold $270,000 -3.6% $129 / Sq Ft
02/02/2026 02/02/26 Pending -- -- --
02/01/2026 02/01/26 Price Changed $280,000 -3.4% $134 / Sq Ft
01/13/2026 01/13/26 Price Changed $290,000 -3.3% $139 / Sq Ft
11/17/2025 11/17/25 Price Changed $300,000 -2.0% $144 / Sq Ft
11/03/2025 11/03/25 Price Changed $306,000 -2.9% $147 / Sq Ft
10/24/2025 10/24/25 Price Changed $315,000 +5.0% $151 / Sq Ft
10/10/2025 10/10/25 For Sale $300,000 -- $144 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $714 $74,670 -- --
2024 $677 $72,570 -- --
2023 $677 $70,460 $0 $0
2022 $635 $68,410 $0 $0
2021 $647 $66,420 $0 $0
2020 $646 $65,510 $0 $0
2019 $657 $64,040 $0 $0
2018 $662 $62,850 $0 $0
2017 $671 $61,560 $0 $0
2016 $694 $60,300 $30,000 $30,300
2015 $710 $59,890 $25,000 $34,890
2014 $704 $59,420 $20,000 $39,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 1059290

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-04-25-0000F.0-0002.00

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