NOT LISTED FOR SALE

1938 Madison Ave Melbourne, FL 32935

Estimated Value: $191,000 - $201,374

3 Beds
2 Baths
1,494 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: August 12, 2025

Last sale price $200,000 $134 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,087 / mo

5 Days on Market

Highlights

  • No HOA
  • Shed
  • 1 Attached Carport Space
  • Patio
  • Terrazzo Flooring
  • Central Heating and Cooling System

About This Home

As of August 2025

Well maintained home located in the heart of Melbourne! Spacious enough for a family, this 3 bedroom 2 bath home boasts nearly 1500 sqft under air! Featuring terrazo flooring in most areas, midcentury modern vibe, even the vintage original built in oven works! Owner suite has attached bath with stall shower. PVC plumbed to sewer for peace of mind. Concrete patio in the large backyard great for kids and pets with a shed for storage. Located mere minutes to EFSC, King Center, beaches and entertainment, don't miss this excellent home!

Last Agent to Sell the Property

Corrine Galligan

Denovo Realty License #3146591 Listed on: 06/17/2025

Denovo Realty

Last Buyer's Agent

Ricky Van Sickle

RE/MAX Aerospace Realty License #3498642

RE/MAX Aerospace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $509

Year Built

  • Built in 1958

Lot Details

  • 9,583 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Chain Link Fence

Parking

  • 1 Attached Carport Space

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,494 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • No Tub in Bathroom

Laundry

  • Laundry in unit
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Patio
  • Shed

Schools

  • Croton Elementary School
  • Johnson Middle School
  • Eau Gallie High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Bowe Gardens Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-20-26-0000c.0-0020.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$509

Year Built

Built in 1958

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1958
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, In Unit, Washer Hookup
  • ResoLotFeatures: Easement Access
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Bowe Gardens Sec A
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • General Property Information Community Fee(s) YN: No
  • General Property Information CDD Fee YN: No
  • Marketing Remarks:Marketing Remarks: Well maintained home located in the heart of Melbourne! Spacious enough for a family, this 3 bedroom 2 bath home boasts nearly 1500 sqft under air! Featuring terrazo flooring in most areas, midcentury modern vibe, even the vintage original built in oven works! Owner suite has attached bath with stall shower. PVC plumbed to sewer for peace of mind. Concrete patio in the large backyard great for kids and pets with a shed for storage. Located mere minutes to EFSC, King Center, beaches and entertainment, don't miss this excellent home! Call Corrine Galligan with Denovo Realty 321-591-5984
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Primary Downstairs, Primary Bathroom - Shower No Tub
  • Flooring: Carpet, Terrazzo
  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Chain Link
  • Acres: 0.22
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Parking Features: Attached Carport, Carport

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Johnson

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 9583.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-20-26-0000c.0-0020.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 509.07

MLS Schools

  • Elementary School: Croton
  • High School: Eau Gallie

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2025
Closed on
Aug 12, 2025
Sold by
Foelker Marcia A
Bought by
Hankins Monica Liz
Seller's Agent
Corrine Galligan
Denovo Realty
Buyer's Agent
Ricky Van Sickle
RE/MAX Aerospace Realty
List Price
$209,900
Sold Price
$200,000
Premium/Discount to List
-$9,900
-4.72%
Views
32
Current Estimated Value
$196,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,156
Avg. Annual Appreciation
-2.28%
Original Mortgage
$194,000
Outstanding Balance
$193,142
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$3,702
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Hankins Monica Liz $200,000 Prestige Title Of Brevard
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hankins Monica Liz $194,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2025 08/12/25 Sold $200,000 -4.7% $134 / Sq Ft
06/17/2025 06/17/25 For Sale $209,900 -- $140 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

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 $518 $61,200 -- --
2024 $509 $59,480 -- --
2023 $509 $57,750 -- --
2022 $479 $56,070 $0 $0
2021 $481 $54,440 $0 $0
2020 $476 $53,690 $0 $0
2019 $484 $52,490 $0 $0
2018 $581 $51,520 $0 $0
2017 $588 $50,470 $0 $0
2016 $601 $49,440 $24,000 $25,440
2015 $608 $49,100 $23,820 $25,280
2014 $611 $49,410 $21,760 $27,650
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1049261

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-20-26-0000C.0-0020.00

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