See Home Value
$274,900
House - Off Market

2002 Wallace Avenue

Melbourne, FL 32935
bedrooms
3 Beds
bathrooms
2 Baths
$273,877
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

***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!
Unit Size
-
Days on Market
71 days
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1962
Last updated: 2 months ago (Space Coast MLS #972348)

Price History

Date / Event Date Event Price
Oct 24, 2023 Sold to James Robert Gibbons $275,000
Sold to James Robert Gibbons
Sep 19, 2023 In contract -
In contract
Sep 14, 2023 Price Decreased $274,900
↓ $100 (0%)
Price Decreased
Aug 25, 2023 Price Increased $275,000
↑ $100 (0%)
Price Increased
Aug 10, 2023 Listed by Top Florida Homes $274,900
Listed by Top Florida Homes
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Quality: D
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 711
  • Total Building Area: 1,923
  • Gross Building Area: 1,923
  • Building Area: 1,623
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,623
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOWE GARDENS SEC K 2
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BOWE GARDENS SEC K 2 LOT 24 BLK G

Ownership

  • Current Owner : GIBBONS JAMES ROBERT
  • Previous Owner : SCHWALM HOLDINGS LLC
  • Owner Before Previous Owner: HOME SOLUTION INVESTMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Brevard County School District
  • Census Tract: 064400

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 295
  • Account Number: 2723428
  • Parcel: 27-37-20-51-0000G.0-0024.00
  • Block: G
  • Lot: 24
  • Meridian: SEC 20 TWN 27S RNG 37E
  • Municipality: MELBOURNE
  • Latitude: 28.119
  • Longitude: -80.6537

    Address

  • Full Address: 2002 Wallace Ave
  • Address - House Number: 2002
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melbourne
  • Carrier Code: C024
  • 4-Digit Zip Code: 3966
  • Zip Code: 32935

Valuation

    Tax

  • Total Area: 1,803
  • Tax Year: 2022
  • Tax Amount: $3,072
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 53K0

    Appraisal Valuation

  • Standard Deviation: 0.0843
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 93
  • Final Value: 271,245
  • High Value: 294,137
  • Low Value: 248,353

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,000
  • First Open Lien Mortgage Lender: DYBN FINANCIAL CORP.
  • First Open Lien Mortgage Recording Date: Oct 24, 2023
  • First Open Lien Mortgage Loan Amount: $275,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Market Valuation

  • Market Total Value: $184,810

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $184,810

    Sales

  • Current Sale Contract Date: Oct 20, 2023
  • Current Sale Recording Date: Oct 24, 2023
  • Current Sale Transaction ID: 11915281601
  • Current Sale Price: $275,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 225275
  • Previous Sale Recording Date: Apr 22, 2022
  • Previous Sale Contract Date: Apr 18, 2022
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DYBN FINANCIAL CORP.
  • First Mortgage Transaction Date: Oct 24, 2023
  • First Mortgage Loan Amount: $275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Nov 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: SCHULTZ REHABS LLC
  • Previous Mortgage Transaction Date: Apr 22, 2022
  • Previous Mortgage Loan Amount: $165,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: May 01, 2023



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$280,000 Jun 15, 2022
$280,000 Aug 15, 2022
$148/mo
House
3 Beds
2 Baths
-
$265,000 Jan 31, 2022
$265,000 Apr 15, 2022
$41/mo
House
3 Beds
2 Baths
-
$251,500 Jul 16, 2021
$251,500 Aug 19, 2021
$210/mo
House
3 Beds
2 Baths
-
$310,000 Oct 21, 2022
$310,000 Aug 11, 2023
-
House
3 Beds
2 Baths
-
$270,000 Jul 8, 2023
$270,000 Aug 15, 2023
$59/mo
House
3 Beds
2 Baths
-
$240,000 Jan 12, 2022
$240,000 Jan 28, 2022
$136/mo
House
3 Beds
2 Baths
-
$284,500 Apr 10, 2023
-
$29/mo
House
3 Beds
2 Baths
-
$320,000 Mar 21, 2024
-
$222/mo
House
3 Beds
2 Baths
-
$299,900 Apr 19, 2024
-
$304/mo
House
3 Beds
2 Baths
1,309 ft²
$213/ft²
$279,000 Mar 3, 2024
-
$340/mo
House
3 Beds
2 Baths
-
$280,000 Feb 20, 2024
-
$50/mo
House
3 Beds
2 Baths
-
$300,000 Mar 8, 2024
-
$312/mo

About Bowe Gardens


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Frequently Asked Questions

When was property at 2002 Wallace Avenue built and last sold?
The property at 2002 Wallace Avenue was built in 1962 and last sold on Oct 20, 2023 for $275,000.
How much is this home worth?
The estimated value of the home located at 2002 Wallace Avenue is $277,649.
What are some comparable homes to 2002 Wallace Avenue?
There are currently no comparable homes to 2002 Wallace Avenue.

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