NOT LISTED FOR SALE

1949 Wallace Ave Melbourne, FL 32935

Melbourne Area

Estimated Value: $236,000 - $290,000

4 Beds
2 Baths
1,595 Sq Ft
$166/Sq Ft Est. Value

Sale Details

Date Sold: September 28, 2018

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

Est. 75% increase in value since last sale

Current estimated payment $1,718 / mo

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
  • 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

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.18
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: North

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Carport, Garage

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: 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

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

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
Sep 13, 2018
Closed on
Sep 28, 2018
Sold by
Ellison Steven F and Ellison Linda S
Bought by
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
$276,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,196
Avg. Annual Appreciation
6.68%
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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Melbourne, FL

  • Marianne Brownfield Real Estate Agent - Brownfield R. E. Group. Inc.

    Marianne Brownfield

    Brownfield R. E. Group. Inc.

    (321) 341-5664

    70 Total Sales

    6 in Melbourne

    $75K - $430K Price Range

    Marianne Brownfield
     Section Image
  • Celeste Van Ewyk Real Estate Agent - Walker Bagwell Properties Ltd

    Celeste Van Ewyk

    Walker Bagwell Properties Ltd

    (321) 351-3233

    30 Total Sales

    1 in Melbourne

    $400,000 Price

    Celeste Van Ewyk
     Section Image
  • Shane Burgman Real Estate Agent - Real Broker LLC

    Shane Burgman

    Responds Quickly

    Real Broker LLC

    (321) 450-8803

    186 Total Sales

    20 in Melbourne

    $74K - $910K Price Range

    Shane Burgman
     Section Image
  • Catalina Schreader Real Estate Agent - Nexthome Coastal Vista

    Catalina Schreader

    Nexthome Coastal Vista

    (321) 450-8818

    56 Total Sales

    4 in Melbourne

    $160K - $786K Price Range

    Catalina Schreader
     Section Image
  • John King Real Estate Agent - RE/MAX Crown Realty

    John King

    RE/MAX Crown Realty

    (772) 646-9504

    891 Total Sales

    1 in Melbourne

    $433,000 Price

    John King
     Section Image
  • Calvin Ratteray Real Estate Agent - LPT Realty, LLC

    Calvin Ratteray

    LPT Realty, LLC

    (321) 450-4837

    21 Total Sales

    2 in Melbourne

    $265K - $279K Price Range

    Calvin Ratteray
     Section Image
See All Agents

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
$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

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
Closed $159,000
Previous Owner Ellison Steven F $129,600
Previous Owner Gilliam Doris $10,000
Previous Owner Gilliam Doris $50,000
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
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

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
2026 $2,226 $165,200
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

  • Deanna Davis Real Estate Agent - BHHS Florida Realty

    Seller's Agent in 2018

    Deanna Davis

    BHHS Florida Realty

    (321) 288-5591

    108 Total Sales

    Deanna Davis
    Section Image

  • PM

    Buyer's Agent in 2018

    Patricia Macleod

    Ellingson Properties

    (321) 258-8179

    22 Total Sales

    Patricia Macleod
    Section Image
See All Agents

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

Florida Brevard County Melbourne 32935

1949 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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.