RENTED JUL 1, 2025

1974 Wallace Ave Melbourne, FL 32935

Estimated Value: $172,000 - $267,000

3 Beds
2 Baths
1,053 Sq Ft
$218/Sq Ft Est. Value

Last Sold July 08, 2014

Last sale price $65,000 $62 Per Sq Ft

Est. 269% increase in value since last sale

Current estimated payment $1,499/month

Highlights

  • RV Access or Parking
  • Covered Patio or Porch
  • Cooling Available
  • Open Floorplan
  • Breakfast Area or Nook
  • 5-minute walk to Oxford Ridge Park

About This Home

As of July 2025

Newly remodeled 3 Bedroom, 2 Bath home in the heart of Melbourne! Wood-look tile throughout, spacious open floor plan with eat-in kitchen, one car garage and boat or RV parking! Beautiful granite kitchen counters and stainless appliances. Fully fenced-in yard. Breezeway between house and garage. Centrally located near shopping, Melbourne airport, I95, Us1 & more.

Last Agent to Rent the Property

Sarah Rutherford

Real Estate Direct of Florida License #3496226 Listed on: 05/27/2025

Real Estate Direct of Florida

Last Renter's Agent

Lorraine Vazquez

Coldwell Banker Paradise License #3528487

Coldwell Banker Paradise

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

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

Parking

  • 1 Car Garage
  • RV Access or Parking

Interior Spaces

  • 1,053 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Bowe Gardens Sec K 2 Subdivision

Listing and Financial Details

  • Security Deposit $2,200
  • Property Available on 6/1/25
  • Tenant pays for electricity, water
  • The owner pays for taxes
  • $55 Application Fee
  • Assessor Parcel Number 27-37-20-51-0000g.0-0022.00

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

7,841 Sq Ft Lot

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Tenant Pays: Electricity, Water
  • Lease Term: 12 Months
  • Owner Pays: Taxes
  • Available Date: 2025-06-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1962
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • Co List Office Mls Id: 3549
  • Co List Office Phone: 321-254-0688
  • Subdivision Name: Bowe Gardens Sec K 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 27-37-20-51-0000g.0-0022.00
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Eau Gallie
  • General Property Information Living Area2: 1053.0
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • Interior Features Breakfast Nook: Yes
  • General Property Information Stories Total: 1
  • Pets Allowed Breed Restrictions: Yes
  • Deposits and Fees Application Fee: 55.0
  • Deposits and Fees Security Deposit: 2200.0
  • Utilities Electricity Available: Yes
  • Deposits and Fees Pet FeeDeposit: 250.0
  • Fencing Back Yard: Yes
  • General Property Information Water Body Access YN3: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Fencing: Back Yard, Full
  • Acres: 0.18
  • Waterfront: No
  • Direction Faces: South
  • Patio And Porch Features: Covered
  • Patio And Porch Features:Covered2: Yes
  • Exterior Features:Fencing - Full: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 7840.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-20-51-0000g.0-0022.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2014
Closed on
Jun 27, 2014
Sold by
Dots Rental Properties Llc
Bought by
Welsh Marja
Seller's Agent
Michelle Cohron
Indian River Realty
Buyer's Agent
Phillip Welsh
J. Edwards Real Estate
List Price
$77,500
Sold Price
$65,000
Premium/Discount to List
-$12,500
-16.13%
Current Estimated Value
$239,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,612
Avg. Annual Appreciation
11.36%

Purchase Details

Closed on
Dec 10, 2008
Sold by
Pfohl George A and Pfohl David A
Bought by
Dots Rentals Properties Llc

Purchase Details

Closed on
Jul 29, 2002
Sold by
Pfohl David A and Bishop Debra A
Bought by
Pfohl George A and Pfohl David A

Purchase Details

Closed on
Mar 8, 2002
Sold by
Pfohl George Andrew
Bought by
Pfohl David Andrew and Bishop Debbie

Purchase Details

Closed on
Jun 21, 2001
Sold by
Brown Charles E
Bought by
Pfohl George A

Purchase Details

Closed on
Jul 19, 1999
Sold by
Riposta Samuel L and Riposta Concetta
Bought by
Brown Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,600
Interest Rate
7.51%

Purchase Details

Closed on
Dec 22, 1995
Sold by
Duffy Marie and Sackett John E
Bought by
Riposta Samuel L and Riposta Concetta

Purchase Details

Closed on
Dec 19, 1995
Sold by
Sackett Carl F and Sackett John E
Bought by
Riposta Samuel L and Riposta Concetta
Source: Public Records
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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
Welsh Marja $65,000 State Title Partners Llp
Dots Rentals Properties Llc -- None Available
Pfohl George A -- --
Pfohl David Andrew -- --
Pfohl George A $58,500 --
Brown Charles E $56,300 --
Riposta Samuel L -- --
Riposta Samuel L $47,500 --
Riposta Samuel L -- --
Riposta Samuel L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Charles E $54,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2025 07/01/25 Rented $1,900 0.0% --
06/25/2025 06/25/25 Under Contract -- -- --
05/27/2025 05/27/25 For Rent $1,900 0.0% --
08/20/2022 08/20/22 Rented $1,900 0.0% --
08/19/2022 08/19/22 Under Contract -- -- --
08/12/2022 08/12/22 Price Changed $1,900 -5.0% $2 / Sq Ft
08/10/2022 08/10/22 For Rent $2,000 +25.0% --
08/01/2021 08/01/21 Rented $1,600 0.0% --
07/27/2021 07/27/21 Under Contract -- -- --
07/23/2021 07/23/21 For Rent $1,600 +7.0% --
09/12/2019 09/12/19 Rented $1,495 0.0% --
09/10/2019 09/10/19 Under Contract -- -- --
08/26/2019 08/26/19 For Rent $1,495 +19.6% --
05/01/2017 05/01/17 Rented $1,250 0.0% --
04/21/2017 04/21/17 Under Contract -- -- --
04/06/2017 04/06/17 Price Changed $1,250 -7.4% $1 / Sq Ft
03/30/2017 03/30/17 For Rent $1,350 0.0% --
07/08/2014 07/08/14 Sold $65,000 -16.1% $62 / Sq Ft View Prior Sale
06/19/2014 06/19/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $77,500 -- $74 / 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 $2,610 $186,190 -- --
2024 $2,579 $179,060 -- --
2023 $2,579 $189,540 -- --
2022 $2,264 $174,300 $0 $0
2021 $1,996 $128,450 $60,000 $68,450
2020 $1,853 $119,780 $52,000 $67,780
2019 $1,795 $115,830 $48,000 $67,830
2018 $1,697 $108,460 $45,000 $63,460
2017 $1,552 $91,990 $35,000 $56,990
2016 $1,321 $58,520 $24,000 $34,520
2015 $1,241 $53,080 $20,620 $32,460
2014 $1,159 $49,150 $18,840 $30,310
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 1047257

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-20-51-0000G.0-0022.00

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