NOT LISTED FOR SALE

1948 Wallace Ave Melbourne, FL 32935

Estimated Value: $261,000 - $290,731

4 Beds
2 Baths
1,276 Sq Ft
$216/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2026

Last sale price $265,000 $208 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,813 / mo

23 Days on Market

Highlights

  • Screened Pool
  • No HOA
  • Hurricane or Storm Shutters
  • Pool View
  • Screened Porch
  • Walk-In Closet

About This Home

As of February 2026

Welcome to your ideal Florida retreat! This charming single-family pool home offers 4 comfortable bedrooms, 2 well-maintained bathrooms, and a convenient laundry room, all designed for easy living. A brand-new roof ensuring peace of mind for years to come. Step outside to your private screened-in pool and patio, perfect for enjoying the sunshine or hosting gatherings. The fully fenced yard includes a powered shed, ideal for storage or hobbies, and a one-car garage for added convenience. Situated in a prime location just minutes from the beaches, shopping, and major highways, this home blends comfort, practicality, and the coastal lifestyle you've been dreaming of.

Last Agent to Sell the Property

Guy Newman

LPT Realty, LLC License #3475279 Listed on: 01/07/2026

LPT Realty, LLC

Last Buyer's Agent

Terra Clark

Redfin Corp. License #3430433

Redfin Corp.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,022

Year Built

  • Built in 1962

Lot Details

  • 7,841 Sq Ft Lot
  • South Facing Home
  • Back Yard Fenced
  • Few Trees

Parking

  • 1 Car Garage
  • Additional Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,276 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Screened Porch
  • Pool Views
  • Hurricane or Storm Shutters
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • No Tub in Bathroom

Pool

  • Screened Pool
  • Heated In Ground Pool

Outdoor Features

  • Patio
  • Shed

Schools

  • Harbor City Elementary School
  • Hoover Middle School
  • Eau Gallie High School

Utilities

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

Community Details

  • No Home Owners Association
  • Bowe Gardens Sec K 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-20-51-0000g.0-0020.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,022

Year Built

Built in 1962

Lot Details

7,841 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: Few Trees
  • Road Frontage Type: City Street
  • Reso View: Pool
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Bowe Gardens Sec K 2
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • 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: Welcome to your ideal Florida retreat! This charming single-family pool home offers 4 comfortable bedrooms, 2 well-maintained bathrooms, and a convenient laundry room, all designed for easy living. A brand-new roof ensuring peace of mind for years to come. Step outside to your private screened-in pool and patio, perfect for enjoying the sunshine or hosting gatherings. The fully fenced yard includes a powered shed, ideal for storage or hobbies, and a one-car garage for added convenience. Situated in a prime location just minutes from the beaches, shopping, and major highways, this home blends comfort, practicality, and the coastal lifestyle you've been dreaming of.
  • General Property Information:Accessory Dwelling Unit YN: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Downstairs, Walk-In Closet(s), Primary Bathroom - Shower No Tub
  • Flooring: Carpet, Tile, Terrazzo
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 1

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: Gas Heat, In Ground, Screen Enclosure
  • Roof: Shingle
  • Fencing: Back Yard, Chain Link, Fenced
  • Acres: 0.18
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco, Wood Siding, Brick
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio, Rear Porch, Screened

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Garage, Off Street, On Street

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-20-51-0000g.0-0020.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3022.34

MLS Schools

  • Elementary School: Harbor City
  • High School: Eau Gallie

Matterport 3D Tour

Floorplan

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
Jan 7, 2026
Closed on
Feb 27, 2026
Sold by
Bought by
Seller's Agent
Guy Newman
LPT Realty, LLC
Buyer's Agent
Terra Clark
Redfin Corp.
List Price
$299,000
Sold Price
$265,000
Premium/Discount to List
-$34,000
-11.37%
Views
109
Current Estimated Value
$275,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,933
Avg. Annual Appreciation
17.55%
Original Mortgage
$257,050
Outstanding Balance
$257,050
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$18,883

Purchase Details

Closed on
Dec 16, 2025
Sold by
Bought by

Purchase Details

Listed on
Sep 26, 2023
Closed on
Apr 5, 2024
Sold by
Bought by
Seller's Agent
Amanda Dalton
Waterman Real Estate, Inc.
Buyer's Agent
Guy Newman
EXP Realty, LLC
List Price
$315,000
Sold Price
$275,000
Premium/Discount to List
-$40,000
-12.7%
Views
571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.16%

Purchase Details

Listed on
Sep 26, 2023
Closed on
Apr 4, 2024
Sold by
Bought by
Seller's Agent
Amanda Dalton
Waterman Real Estate, Inc.
Buyer's Agent
Guy Newman
EXP Realty, LLC
List Price
$315,000
Sold Price
$275,000
Premium/Discount to List
-$40,000
-12.7%
Views
571
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
$265,000 Alliance Title
$100 None Listed On Document
-- None Listed On Document
-- None Listed On Document
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 $257,050
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 Prior Sale
02/27/2026 02/27/26 Sold $265,000 -11.4% $208 / Sq Ft
01/30/2026 01/30/26 Pending -- -- --
01/07/2026 01/07/26 For Sale $299,000 +8.7% $234 / Sq Ft
04/05/2024 04/05/24 Sold $275,000 -8.0% $216 / Sq Ft View Prior Sale
03/20/2024 03/20/24 Pending -- -- --
12/28/2023 12/28/23 Price Changed $299,000 -2.9% $234 / Sq Ft
10/28/2023 10/28/23 Price Changed $308,000 -2.2% $241 / Sq Ft
09/26/2023 09/26/23 For Sale $315,000 -- $247 / 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 $3,821 $209,550 -- --
2024 $3,358 $205,750 -- --
2023 $3,358 $204,530 -- --
2022 $3,018 $192,900 $0 $0
2021 $2,713 $144,960 $60,000 $84,960
2020 $649 $67,500 $0 $0
2019 $659 $65,990 $0 $0
2018 $665 $64,760 $0 $0
2017 $673 $63,430 $0 $0
2016 $696 $62,130 $24,000 $38,130
2015 $712 $61,700 $20,620 $41,080
2014 $706 $61,210 $18,840 $42,370
Source: Public Records

Agents Affiliated with this Home

  • Guy Newman

    Seller's Agent in 2026

    Guy Newman

    LPT Realty, LLC

    (727) 458-0901

    11 in this area

    38 Total Sales

    Guy Newman
    Section Image
  • Terra Clark

    Buyer's Agent in 2026

    Terra Clark

    Redfin Corp.

    (978) 259-8462

    7 in this area

    59 Total Sales

    Terra Clark
    Section Image

  • A

    Seller's Agent in 2024

    Amanda Dalton

    Waterman Real Estate, Inc.

    (321) 704-1987

    9 in this area

    13 Total Sales

    Amanda Dalton
    Section Image
  • McKenzie Kanazeh

    Seller Co-Listing Agent in 2024

    McKenzie Kanazeh

    Waterman Real Estate, Inc.

    (321) 917-0175

    3 in this area

    37 Total Sales

    McKenzie Kanazeh
    Section Image
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Map

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

MLS Number: 1065723

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-20-51-0000G.0-0020.00

Florida Brevard County Melbourne 32935

1948 Wallace Ave, Melbourne, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) 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.

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