RENTED NOV 9, 2025

2027 Wallace Ave Melbourne, FL 32935

Melbourne Area

Estimated Value: $298,000 - $317,000

3 Beds
2 Baths
1,305 Sq Ft
$238/Sq Ft Est. Value

Sale Details

Date Sold: October 30, 2025

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

Est. 3% decrease in value since last sale

Current estimated payment $1,885 / mo

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 electricity, gas, water
  • 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

8,712 Sq Ft Lot

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Electricity, Gas, Water
  • 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), Smoke Detector(s), Fire Alarm
  • Subdivision Name: Bowe Gardens Sec K 2
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • Financial Info Electric: 100 Amp Service
  • General Property Information Water Body Access YN3: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned

Utilities

  • Cooling: Attic Fan, Central Air, Electric, Ductless
  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Sewer Available
  • Heating: Electric, Natural Gas
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-20-51-0000h.0-0001.00

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
Nov 2, 2025
Closed on
Oct 30, 2025
Sold by
Bought by
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
$310,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,853
Avg. Annual Appreciation
-3.85%
Original Mortgage
$211,400
Interest Rate
0.0626%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2025
Sold by
Bought by

Purchase Details

Closed on
Jul 10, 2025
Sold by
Bought by

Purchase Details

Closed on
Apr 25, 2025
Sold by
Bought by

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
0.0665%
Mortgage Type
Balloon

Purchase Details

Listed on
Jun 17, 2020
Closed on
Aug 17, 2020
Sold by
Bought by
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
10.18%
Original Mortgage
$175,000
Interest Rate
0.029%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jul 31, 2017
Closed on
Oct 30, 2017
Sold by
Bought by
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%
Original Mortgage
$162,800
Interest Rate
0.0475%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 9, 2016
Closed on
Jul 28, 2016
Sold by
Bought by
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%
Original Mortgage
$143,900
Interest Rate
0.0348%
Mortgage Type
VA

Purchase Details

Listed on
Jul 22, 2013
Closed on
Jul 16, 2013
Sold by
Bought by
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
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
0.0475%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$320,000 Countdown Title
$100 None Listed On Document
$100 None Listed On Document
$270,000 Countdown Title
$174,500 Landing Title Agency
$171,000 Attorney
$143,900 State Title Partners Llp
$66,500 Stewart Title Company
$88,000 State Title
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
Open $211,400
Previous Owner $275,000
Previous Owner $187,467
Previous Owner $175,000
Previous Owner $162,800
Previous Owner $143,900
Previous Owner $79,500
Previous Owner $70,400
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 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

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
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

  • Todd Tracy, PA

    Seller's Agent in 2025

    Todd Tracy, PA

    Keller Williams Realty Brevard

    (386) 562-6674

    180 Total Sales

    Todd Tracy, PA
    Section Image
  • Chau Nguyen

    Landlord's Agent in 2025

    Chau Nguyen

    Blue Marlin Real Estate

    (321) 271-4529

    32 Total Sales

    Chau Nguyen
    Section Image
  • Sue Borrelli

    Seller's Agent in 2020

    Sue Borrelli

    We Say Sold Inc

    (321) 265-9901

    34 Total Sales

    Sue Borrelli
    Section Image

  • J

    Buyer's Agent in 2020

    Jennifer Behling

    Walker Bagwell Properties Ltd

    Section Image

  • M

    Seller's Agent in 2017

    Mindy Tripp

    Coral C's Rlty. & Prop.Mgt.LLC

  • J

    Seller Co-Listing Agent in 2017

    Jeffrey Mathusa

    Coral C's Rlty. & Prop.Mgt.LLC

See All Agents

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

Florida Brevard County Melbourne 32935

2027 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.

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