Seller's Agent in 2023
Phillip Kolbrich
Top Florida Homes
(407) 393-5901
1 in this area
277 Total Sales
2002 Wallace Ave Melbourne, FL 32935
Estimated Value: $257,505 - $293,000
3
Beds
2
Baths
1,623
Sq Ft
$170/Sq Ft
Est. Value
Highlights
- Great Room
- Screened Porch
- Patio
- No HOA
- 1 Car Attached Garage
- 4-minute walk to Oxford Ridge Park
About This Home
As of October 2023***Seller offering Buyer $10,000.00 towards closing costs!*** Welcome to 2002 Wallace Ave, a stunningly updated house nestled in the heart of Melbourne. This completely remodeled 2-bedroom, 3-bathroom home is a true gem, ready to welcome a new owner. Step inside and be amazed by the modern updates that envelope every corner. From the brand new kitchen, equipped with sleek brand new appliances, to the fully upgraded bathrooms and the fresh paint inside and out, no detail has been spared in making this house truly turnkey. Spanning over 1,623 SqFt, this home offers plenty of space to spread out and enjoy, especially in the living rooms and sunroom! The bedrooms are spacious and inviting, providing a peaceful retreat after a long day. The oversized screened porch is the perfect spot to unwin Welcome to 2002 Wallace Ave, a stunningly updated house nestled in the heart of Melbourne. This completely remodeled 2-bedroom, 3-bathroom home is a true gem, ready to welcome a new owner. Step inside and be amazed by the modern updates that envelope every corner. From the brand new kitchen, equipped with sleek brand new appliances, to the fully upgraded bathrooms and the fresh paint inside and out, no detail has been spared in making this house truly turnkey. Spanning over 1,623 square feet, this home offers plenty of space to spread out and enjoy, especially in the living rooms and sunroom! The bedrooms are spacious and inviting, providing a peaceful retreat after a long day. The oversized screened porch is the perfect spot to unwind, whether sipping a cup of coffee in the morning or hosting family and friends for a summer barbecue. Conveniently located just minutes from the beach, this property offers easy access to the stunning coastline and all the recreational activities it has to offer. Additionally, being situated in the heart of the Space Coast means you're never far from amenities and attractions, on top of seeing regular awesome rocket launches! For those looking for financial assistance, this home qualifies for Zero Down Payment and Down Payment Assistance Programs, with the potential to receive up to $35,000 in grants. It's an opportunity not to be missed! Don't wait to make this stylish and updated house your own. Come see 2002 Wallace Ave today and experience coastal living at its finest. Schedule your showing now!
Last Agent to Sell the Property
Top Florida Homes License #3253240 Listed on: 08/12/2023
Last Buyer's Agent
Audra Farley
Coldwell Banker Paradise
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,072
Year Built
- Built in 1962
Lot Details
- 7,841 Sq Ft Lot
- South Facing Home
Parking
- 1 Car Attached Garage
Home Design
- Shingle Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 1,623 Sq Ft Home
- 1-Story Property
- Great Room
- Screened Porch
- Tile Flooring
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Patio
Schools
- Harbor City Elementary School
- Hoover 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 K 2 Association
- Bowe Gardens Sec K 2 Subdivision
Listing and Financial Details
- Assessor Parcel Number 27-37-20-51-0000g.0-0024.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2023
Closed on
Oct 20, 2023
Sold by
Schwalm Holdings Llc
Bought by
Gibbons James Robert
Seller's Agent
Phillip Kolbrich
Top Florida Homes
Buyer's Agent
Audra Farley
Coldwell Banker Paradise
List Price
$295,000
Sold Price
$274,900
Premium/Discount to List
-$20,100
-6.81%
Views
99
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,476
Avg. Annual Appreciation
0.24%
Original Mortgage
$275,000
Outstanding Balance
$269,086
Interest Rate
7.12%
Mortgage Type
Construction
Estimated Equity
$7,290
Purchase Details
Closed on
Apr 18, 2022
Sold by
Home Solution Investment Llc
Bought by
Schwalm Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.85%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 15, 2022
Sold by
Ruggiero Erik and Shirey Paul
Bought by
Home Solutions Investment Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.85%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 14, 2022
Sold by
Smith Tina Marie
Bought by
Home Solutions Investment Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.85%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 18, 2006
Sold by
Shirey Jay G and Shirey Crystal D
Bought by
Shirey Jay G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.1%
Purchase Details
Closed on
Aug 31, 2006
Sold by
Shirey Jay G
Bought by
Shirey Jay G and Shirey Crystal D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.67%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gibbons James Robert | $275,000 | Southeast Professional Title | |
| Gibbons James Robert | $275,000 | Southeast Professional Title | |
| Schwalm Holdings Llc | $160,000 | New Title Company Name | |
| Schwalm Holdings Llc | $160,000 | New Title Company Name | |
| Home Solutions Investment Llc | $53,333 | None Listed On Document | |
| Home Solutions Investment Llc | $53,333 | None Listed On Document | |
| Home Solutions Investment Llc | $17,777 | New Title Company Name | |
| Home Solutions Investment Llc | $17,777 | New Title Company Name | |
| Home Solutions Investment Llc | $17,800 | New Title Company Name | |
| Home Solutions Investment Llc | $17,800 | New Title Company Name | |
| Home Solutions Investment Llc | $17,777 | New Title Company Name | |
| Home Solutions Investment Llc | $17,777 | New Title Company Name | |
| Home Solutions Investment Llc | $17,777 | New Title Company Name | |
| Home Solutions Investment Llc | $17,777 | New Title Company Name | |
| Home Solutions Investment Llc | $17,777 | New Title Company Name | |
| Home Solutions Investment Llc | $17,777 | New Title Company Name | |
| Home Solutions Investment Llc | $17,777 | New Title Company Name | |
| Home Solutions Investment Llc | $17,777 | New Title Company Name | |
| Shirey Jay G | -- | None Available | |
| Shirey Jay G | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gibbons James Robert | $275,000 | |
| Closed | Gibbons James Robert | $275,000 | |
| Previous Owner | Schwalm Holdings Llc | $165,000 | |
| Previous Owner | Shirey Jay G | $120,000 | |
| Previous Owner | Shirey Jay G | $105,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/20/2023 10/20/23 | Sold | $274,900 | 0.0% | $169 / Sq Ft |
| 09/18/2023 09/18/23 | Pending | -- | -- | -- |
| 09/12/2023 09/12/23 | Price Changed | $274,900 | 0.0% | $169 / Sq Ft |
| 08/24/2023 08/24/23 | Price Changed | $275,000 | -6.8% | $169 / Sq Ft |
| 08/10/2023 08/10/23 | For Sale | $295,000 | -- | $182 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $3,304 | $236,900 | -- | -- |
| 2024 | $4,069 | $230,920 | -- | -- |
| 2023 | $4,069 | $226,780 | $70,000 | $156,780 |
| 2022 | $3,072 | $184,810 | $0 | $0 |
| 2021 | $2,852 | $152,710 | $60,000 | $92,710 |
| 2020 | $2,697 | $143,300 | $52,000 | $91,300 |
| 2019 | $101 | $89,190 | $0 | $0 |
| 2018 | $101 | $87,530 | $0 | $0 |
| 2017 | $101 | $85,730 | $0 | $0 |
| 2016 | $101 | $83,970 | $24,000 | $59,970 |
| 2015 | $1,755 | $77,010 | $20,620 | $56,390 |
| 2014 | $101 | $60,970 | $18,840 | $42,130 |
Source: Public Records
Agents Affiliated with this Home
-
Phillip Kolbrich
-
A
Buyer's Agent in 2023
Audra Farley
Coldwell Banker Paradise
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 972348
APN: 27-37-20-51-0000G.0-0024.00
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.
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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