RENTED NOV 9, 2025

2027 Wallace Ave Melbourne, FL 32935

Estimated Value: $272,000 - $328,581

3 Beds
2 Baths
1,305 Sq Ft
$234/Sq Ft Est. Value

Last Sold October 30, 2025

Last sale price $320,000 $245 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,789/month

Highlights

  • No HOA
  • Ductless Heating Or Cooling System
  • North Facing Home
  • Porch
  • Attic Fan
  • 4-minute walk to Oxford Ridge Park

About This Home

As of November 2025

Beautifully updated 3-bedroom, 2-bath home located in the heart of Melbourne. This property features a fully fenced yard and is within a short walking distance to Oxford Ridge Park on Croton. The kitchen has been upgraded with granite countertops and modern finishes.
Conveniently located near shopping, schools, and major roadways.

Last Agent to Rent the Property

Chau Nguyen

Blue Marlin Real Estate License #3492147 Listed on: 11/02/2025

Blue Marlin Real Estate

Last Renter's Agent

Chau Nguyen

Blue Marlin Real Estate License #3492147 Listed on: 11/02/2025

Blue Marlin Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 8,712 Sq Ft Lot
  • North Facing Home

Parking

  • Assigned Parking

Home Design

  • Asphalt

Interior Spaces

  • 1,305 Sq Ft Home
  • 1-Story Property
  • Attic Fan

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Sink Near Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Schools

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

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Property Available on 11/2/25
  • The owner pays for electricity, gas, sewer, water
  • Rent includes water, gas, electricity
  • Negotiable Lease Term
  • Assessor Parcel Number 27-37-20-51-0000h.0-0001.00

Community Details

Overview

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

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Water, Gas, Electricity
  • Lease Term: 12 Months
  • Owner Pays: Electricity, Gas, Sewer, Water
  • Available Date: 2025-11-02

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1962
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Sink, Washer Hookup
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s)
  • Subdivision Name: Bowe Gardens Sec K 2
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • Financial Info Electric: 100 Amp Service
  • Location Tax and Legal Parcel Number2: 27-37-20-51-0000h.0-0001.00
  • 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: 1305.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Appliances Dryer: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • General Property Information Stories Total: 1
  • Utilities Sewer Available: Yes
  • Levels MultiSplit: Yes
  • Utilities Electricity Available: Yes
  • Cooling Attic Fan: Yes
  • Owner Pays:Sewer2: Yes
  • Security Features Fire Alarm: Yes
  • Utilities Natural Gas Available: Yes
  • Additional Lease Terms Negotiable3: Yes
  • Cooling Ductless: Yes
  • Security Features Carbon Monoxide Detector(s): Yes
  • Electric 100 Amp Service: Yes
  • General Property Information Water Body Access YN3: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 1
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Acres: 0.2
  • Waterfront: No
  • Direction Faces: North
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned
  • General Property Information:Garage YN: No
  • Parking Features:Assigned: Yes

Utilities

  • Cooling: Attic Fan, Central Air, Electric
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric3: Yes
  • Heating:Natural Gas: 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: 8712.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-20-51-0000h.0-0001.00

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2025
Closed on
Oct 30, 2025
Sold by
Paulina Kim Llc
Bought by
Huynh Mai and Nguyen Phong
Seller's Agent
Chau Nguyen
Blue Marlin Real Estate
Buyer's Agent
Chau Nguyen
Blue Marlin Real Estate
Sold Price
$1,850
Views
21
Current Estimated Value
$305,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,545
Avg. Annual Appreciation
-22.86%
Original Mortgage
$211,400
Outstanding Balance
$211,400
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$93,995

Purchase Details

Closed on
Jul 29, 2025
Sold by
Coastal Creations Llc
Bought by
Paulina Kim Llc

Purchase Details

Closed on
Jul 10, 2025
Sold by
Paulina Kim Llc
Bought by
Coastal Creations Llc

Purchase Details

Closed on
Apr 25, 2025
Sold by
Sprenger Benjamin
Bought by
Paulina Kim Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.65%
Mortgage Type
Balloon

Purchase Details

Listed on
Jun 17, 2020
Closed on
Aug 17, 2020
Sold by
Thomas Angela M
Bought by
Sprenger Benjamin
Seller's Agent
Sue Borrelli
We Say Sold Inc
Buyer's Agent
Jennifer Behling
Walker Bagwell Properties Ltd
List Price
$184,900
Sold Price
$174,500
Premium/Discount to List
-$10,400
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.94%

Purchase Details

Listed on
Jul 31, 2017
Closed on
Oct 30, 2017
Sold by
Smith Alexander
Bought by
Thomas Angela M
Seller's Agent
Mindy Tripp
Coral C's Rlty. & Prop.Mgt.LLC
Buyer's Agent
Kathleen Bowser
Dale Sorensen Real Estate Inc.
List Price
$171,000
Sold Price
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.73%

Purchase Details

Listed on
Jun 9, 2016
Closed on
Jul 28, 2016
Sold by
Solid Grounds Investments Llc
Bought by
Smith Alexander
Seller's Agent
Steven Munich
Sheridan Shores Realty
Buyer's Agent
James August
Inspire Realty LLC
List Price
$139,900
Sold Price
$143,900
Premium/Discount to List
$4,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.68%

Purchase Details

Listed on
Jul 22, 2013
Closed on
Jul 16, 2013
Sold by
Fannie Mae
Bought by
Solid Grounds Investments
Seller's Agent
Natalie Carter
Coldwell Banker Residential RE
Buyer's Agent
Steven Munich
RE/MAX Alternative Realty
List Price
$77,700
Sold Price
$66,500
Premium/Discount to List
-$11,200
-14.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.91%

Purchase Details

Closed on
Jul 31, 2003
Sold by
Fleenor Gary and Berna Family Living Trust
Bought by
Temple James O
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Huynh Mai $320,000 Countdown Title
Huynh Mai $320,000 Countdown Title
Paulina Kim Llc $100 None Listed On Document
Paulina Kim Llc $100 None Listed On Document
Paulina Kim Llc $100 None Listed On Document
Paulina Kim Llc $100 None Listed On Document
Coastal Creations Llc $100 None Listed On Document
Coastal Creations Llc $100 None Listed On Document
Coastal Creations Llc $100 None Listed On Document
Coastal Creations Llc $100 None Listed On Document
Paulina Kim Llc $270,000 Countdown Title
Paulina Kim Llc $270,000 Countdown Title
Paulina Kim Llc $270,000 Countdown Title
Paulina Kim Llc $270,000 Countdown Title
Sprenger Benjamin $174,500 Landing Title Agency Inc
Sprenger Benjamin $174,500 Landing Title Agency
Sprenger Benjamin $174,500 Landing Title Agency Inc
Sprenger Benjamin $174,500 Landing Title Agency
Thomas Angela M $171,000 Attorney
Thomas Angela M $171,000 Attorney
Smith Alexander $143,900 State Title Partners Llp
Smith Alexander $143,900 State Title Partners Llp
Solid Grounds Investments $66,500 Stewart Title Company
Solid Grounds Investments $66,500 Stewart Title Company
Temple James O $88,000 State Title
Temple James O $88,000 State Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huynh Mai $211,400
Previous Owner Paulina Kim Llc $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/09/2025 11/09/25 Rented $1,850 0.0% --
11/05/2025 11/05/25 Price Changed $1,850 -14.0% $1 / Sq Ft
11/02/2025 11/02/25 For Rent $2,150 0.0% --
10/30/2025 10/30/25 Sold $320,000 -5.9% $178 / Sq Ft View Prior Sale
09/27/2025 09/27/25 Pending -- -- --
09/23/2025 09/23/25 Price Changed $339,900 -1.4% $189 / Sq Ft
09/16/2025 09/16/25 Price Changed $344,900 -0.6% $191 / Sq Ft
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 View Prior Sale
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 View Prior Sale
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 View Prior Sale
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 View Prior Sale
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®)

Tax History Compared to Growth

Source: Public Records

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 $2,307 $172,930 -- --
2024 $2,245 $168,060 -- --
2023 $2,245 $163,170 -- --
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

Agents Affiliated with this Home

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Map

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

MLS Number: 1061158

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-20-51-0000H.0-0001.00