NOT LISTED FOR SALE

1949 Wallace Ave Melbourne, FL 32935

Estimated Value: $254,714 - $309,000

4 Beds
2 Baths
1,595 Sq Ft
$180/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $158,000 $99 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,700/month

4 Days on Market

Highlights

  • Open Floorplan
  • 1 Car Attached Garage
  • 1-Story Property
  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of September 2018

MOVE IN READY!!! 4 bedroom 2 bath 1 car garage with a carport, Oversized storage building and a slab to park your boat, extra toys or a nice play area for the children. Open floor plan. Spacious kitchen opens to living and dining room. Seller will credit buyer at closing $9,000.00 for any upgrades buyer wishes. Very easy to show

Last Agent to Sell the Property

Deanna Davis

BHHS Florida Realty License #523739 Listed on: 09/13/2018

BHHS Florida Realty

Last Buyer's Agent

Patricia Macleod

Ellingson Properties License #686809

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,862

Year Built

  • Built in 1962

Lot Details

  • 7,841 Sq Ft Lot
  • North Facing Home

Parking

  • 1 Car Attached Garage
  • 1 Carport Space

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt

Interior Spaces

  • 1,595 Sq Ft Home
  • 1-Story Property
  • Open Floorplan

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 27-37-20-51-0000h.0-0007.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,862

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
  • Road Surface Type: Asphalt
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Bowe Gardens Sec K 2
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-20-51-0000h.0-0007.00
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Eau Gallie
  • Location Tax and Legal Tax Annual Amount: 1861.6
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 1595.0
  • General Property Information Building Area Total3: 1886.0
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Lot Size Square Feet2: 7841.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Levels One: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Open Floorplan, Primary Bathroom - Tub with Shower
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.18
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Carport, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Carport: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 7841.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-20-51-0000h.0-0007.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1861.6

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2018
Closed on
Sep 28, 2018
Sold by
Ellison Steven F and Ellison Linda S
Bought by
Mele Jason and Dahl Amanda
Seller's Agent
Deanna Davis
BHHS Florida Realty
Buyer's Agent
Patricia Macleod
Ellingson Properties
List Price
$169,900
Sold Price
$158,000
Premium/Discount to List
-$11,900
-7%
Current Estimated Value
$287,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,179
Avg. Annual Appreciation
8.43%
Original Mortgage
$159,000
Interest Rate
4.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 31, 2005
Sold by
Gilliam Doris
Bought by
Ellison Steven F and Ellison Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
5.25%

Purchase Details

Closed on
Dec 29, 2003
Sold by
Gilliam Wallace J and The William C Gilliam Jr Trust
Bought by
Gilliam Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
9.6%

Purchase Details

Closed on
Jul 30, 2003
Sold by
Gilliam Doris and William C Gilliam Jr Trust
Bought by
Gilliam Doris

Purchase Details

Closed on
Nov 30, 2001
Sold by
Gilliam William C and Gilliam Beulah M
Bought by
Gilliam Wallace T
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
Mele Jason $158,000 State Title Partners Llp
Ellison Steven F $162,000 State Title Partners Llp
Gilliam Doris -- Alday Donalson Title Agencie
Gilliam Doris -- --
Gilliam Wallace T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mele Jason $159,000
Previous Owner Ellison Steven F $129,600
Previous Owner Gilliam Doris $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $158,000 -7.0% $99 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $169,900 -- $107 / 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 $2,104 $160,860 -- --
2024 $2,047 $156,330 -- --
2023 $2,047 $151,780 $0 $0
2022 $1,909 $147,360 $0 $0
2021 $1,924 $143,070 $0 $0
2020 $1,900 $141,100 $52,000 $89,100
2019 $1,908 $137,950 $48,000 $89,950
2018 $2,035 $130,130 $45,000 $85,130
2017 $1,862 $110,630 $35,000 $75,630
2016 $1,657 $81,030 $24,000 $57,030
2015 $1,560 $64,800 $20,620 $44,180
2014 $1,375 $59,660 $18,840 $40,820
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 824484

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-20-51-0000H.0-0007.00

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