2027 Wallace Ave Melbourne, FL 32935
Estimated payment $2,074/month
Total Views
2,873
4
Beds
3
Baths
1,802
Sq Ft
$193
Price per Sq Ft
Highlights
- Open Floorplan
- No HOA
- 1 Car Attached Garage
- Corner Lot
- Skylights
- 4-minute walk to Oxford Ridge Park
About This Home
2025 Renovated, spacious, & versatile home! This beautifully updated property features a 3 bed, 2 bath main house PLUS an attached 1 bed, 1 bath in-law suite—perfect for rental income or multigenerational living. No HOA. Recent upgrades include: 2025 AC & air handler, mini split in in-law suite, partial interior repipe with PEX/PVC, and 2024 water heater. Additional 2025 updates include fresh exterior/interior paint, updated kitchen with granite countertop in main house, updated baths, and modern lighting/fans. Gas stoves in both units and partial impact windows along the back of the house complete the package. Just a short walking distance from Oxford Ridge Park on Croton. Located in the heart of Melbourne, this move-in ready home is well equipped with flexible living options, all on a huge, fully fenced corner lot with a 1-car garage for added storage and convenience!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,245
Year Built
- Built in 1962 | Remodeled
Lot Details
- 8,712 Sq Ft Lot
- North Facing Home
- Wood Fence
- Back Yard Fenced
- Corner Lot
- Few Trees
Parking
- 1 Car Attached Garage
Home Design
- Shingle Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 1,802 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Skylights
- Tile Flooring
Kitchen
- Gas Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- In-Law or Guest Suite
- 3 Full Bathrooms
- Shower Only
Laundry
- Laundry on lower level
- Laundry in Garage
- Washer and Gas Dryer Hookup
Schools
- Harbor City Elementary School
- Hoover Middle School
- Eau Gallie High School
Utilities
- Multiple cooling system units
- Cooling System Mounted To A Wall/Window
- Central Air
- Heating Available
- 150 Amp Service
- Gas 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.0-0001.00
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $2,245 | $168,060 | -- | -- |
| 2023 | $2,245 | $163,170 | $0 | $0 |
| 2022 | $2,098 | $158,420 | $0 | $0 |
| 2021 | $2,117 | $153,810 | $60,000 | $93,810 |
| 2020 | $1,988 | $145,970 | $0 | $0 |
| 2019 | $1,998 | $142,690 | $0 | $0 |
| 2018 | $1,989 | $140,030 | $45,000 | $95,030 |
| 2017 | $2,382 | $115,480 | $35,000 | $80,480 |
| 2016 | $1,528 | $68,350 | $24,000 | $44,350 |
| 2015 | $1,477 | $64,100 | $22,450 | $41,650 |
| 2014 | $1,356 | $58,780 | $20,510 | $38,270 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | For Sale | $347,000 | +102.9% | $193 / Sq Ft |
| 12/23/2023 12/23/23 | Off Market | $171,000 | -- | -- |
| 08/18/2020 08/18/20 | Sold | $174,500 | -2.8% | $99 / Sq Ft |
| 07/08/2020 07/08/20 | Pending | -- | -- | -- |
| 06/30/2020 06/30/20 | Price Changed | $179,500 | -2.9% | $102 / Sq Ft |
| 06/16/2020 06/16/20 | For Sale | $184,900 | +8.1% | $105 / Sq Ft |
| 10/30/2017 10/30/17 | Sold | $171,000 | 0.0% | $97 / Sq Ft |
| 08/09/2017 08/09/17 | Pending | -- | -- | -- |
| 07/31/2017 07/31/17 | For Sale | $171,000 | +18.8% | $97 / Sq Ft |
| 07/28/2016 07/28/16 | Sold | $143,900 | -2.4% | $82 / Sq Ft |
| 07/07/2016 07/07/16 | Price Changed | $147,500 | +5.4% | $84 / Sq Ft |
| 06/21/2016 06/21/16 | Pending | -- | -- | -- |
| 06/09/2016 06/09/16 | For Sale | $139,900 | +110.4% | $80 / Sq Ft |
| 07/16/2013 07/16/13 | Sold | $66,500 | -14.4% | $53 / Sq Ft |
| 06/18/2013 06/18/13 | Pending | -- | -- | -- |
| 04/06/2013 04/06/13 | For Sale | $77,700 | -- | $62 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Quit Claim Deed | $100 | None Listed On Document | |
| Warranty Deed | $270,000 | Countdown Title | |
| Warranty Deed | $270,000 | Countdown Title | |
| Warranty Deed | $174,500 | Landing Title Agency Inc | |
| Warranty Deed | $171,000 | Attorney | |
| Warranty Deed | $143,900 | State Title Partners Llp | |
| Warranty Deed | $66,500 | Stewart Title Company | |
| Warranty Deed | $88,000 | State Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $275,000 | Balloon | |
| Previous Owner | $187,467 | New Conventional | |
| Previous Owner | $175,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $162,800 | FHA | |
| Previous Owner | $143,900 | VA | |
| Previous Owner | $79,500 | Credit Line Revolving | |
| Previous Owner | $70,400 | No Value Available | |
| Closed | $8,800 | No Value Available |
Source: Public Records
Similar Homes in Melbourne, FL
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1053048
APN: 27-37-20-51-0000H.0-0001.00
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