When was property at 2027 Wallace Avenue built and last sold?

The property at 2027 Wallace Avenue was built in 1962 and last sold on Aug 17, 2020 for $174,500.

How much is this home worth?

The estimated value of the home located at 2027 Wallace Avenue is $341,218.

What are some comparable homes to 2027 Wallace Avenue?

There are currently no comparable homes to 2027 Wallace Avenue.

Melbourne

32935

Bowe Gardens

2027 Wallace

Sold on Jul 16, 2013

Map

$66,500

● House - Off Market

2027 Wallace

Melbourne, FL 32935

3 Beds

2 Baths, 3 Half Baths

1,262 Ft²

$136,243

RealtyHop Estimate

94.91%

Since Aug 1, 2013

National-US

Primary Model

About This Property

Centrally located near Sarno Rd. Concrete block home with new roofing. Tiled floors and possible separate in-law quarters. Home is need of repairs. This is a Fannie Mae Homepath property. Purchase this property for as little as 3% down. This property is approved for Homepath Renovation Mortgage Financing.

Unit Size

1,262 Ft²

Days on Market

Land Size

0.20 acres

Price per sqft

$55

Property Type

House

Property Taxes

$101

HOA Dues

Year Built

1962

Payment Calculator

Cap Rate Calculator

Last updated: 4 months ago (Space Coast MLS #665031)

Price History

Date / Event	Date	Event
Oct 30, 2025	Sold	Premium
Sold
Sep 28, 2025	In contract	-
In contract
Sep 23, 2025	Price Decreased	$339,900 ↓ $5K (1.5%)
Price Decreased
Sep 16, 2025	Price Increased	$344,900 ↑ $170K (97.7%)
Price Increased
Sep 2, 2025	Relisted	$174,500
Relisted
Aug 25, 2025	In contract	-
In contract
Jul 29, 2025	Listed by Keller Williams Realty Brevard	$347,000
Listed by Keller Williams Realty Brevard

	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 and mini split in in-law suite, all new gas lines, 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!
Sep 1, 2020	Sold	Premium
Sold
Jun 16, 2020	Listed by Coldwell Banker Residential RE	$179,500
Listed by Coldwell Banker Residential RE
Nov 9, 2017	Sold	Premium
Sold
Jul 29, 2017	Listed by Coldwell Banker Residential RE	$171,000
Listed by Coldwell Banker Residential RE
Jul 28, 2016	Sold	Premium
Sold
Jun 9, 2016	Listed by Sheridan Shores Realty	$147,500
Listed by Sheridan Shores Realty

	5 Bedroom 3 bath home with possible in law quarters, 5th bedroom is 25x15 and is plumbed for a kitchenette, private entrance on far side of home. Newer roof and square D electric, some newer windows, kitchen opens to dining and family room, new stainless refridge and stainless gas stove, Recently painted outside, large fenced corner lot.
Jul 16, 2013	Sold	Premium
Sold
Apr 6, 2013	Listed by Coldwell Banker Residential RE	$69,900
Listed by Coldwell Banker Residential RE

Property Highlights

Garage

Fireplace

Building Info

Overview

General

Year Built: 1962

Effective Year Built: 1996
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
Building Condition: 0
Building Quality: 10
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 300
Parking Space Count: 1
Patio Type: 16
Porch Type: 35
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 8,712

Lot Size Depth Feet: 1,000
Lot Size Frontage Feet: 774
Total Building Area: 2,158
Gross Building Area: 2,158
Building Area: 1,305
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,305
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: BOWE GARDENS SEC K 2
Land Acres: 0000000200
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: BOWE GARDENS SEC K 2 LOT 1 BLK H

Neighborhood

School District Name: Brevard County School District

Census Tract: 064400

Zoning

Zoning: R1A

Geography

Assessors Map Reference: 295

Account Number: 2723431
Parcel: 27-37-20-51-0000H.0-0001.00
Block: H
Lot: 1
Meridian: SEC 20 TWN 27S RNG 37E
Municipality: MELBOURNE
Latitude: 28.1186
Longitude: -80.6541

Address

Full Address: 2027 Wallace Ave

Address - House Number: 2027
Address - Street Name: Wallace
Address - Suffix Type: Ave
State: FL
City Name: Melbourne
Carrier Code: C024
4-Digit Zip Code: 3965
Zip Code: 32935

Valuation

Tax

Total Area: 1,652

Tax Year: 2022
Tax Amount: $209,825
Tax Rate Code Area: 53K0

Appraisal Valuation

Standard Deviation: 0.2172

Valuation Date: Jan 03, 2024
Confidence Score: 70
Final Value: 284,864
High Value: 346,758
Low Value: 222,970

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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Market Valuation

Market Total Value: $202,160

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $158,420

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Aug 17, 2020

Current Sale Recording Date: Sep 01, 2020
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2020188728
Previous Sale Recording Date: Nov 09, 2017
Previous Sale Contract Date: Oct 30, 2017
Previous Sale Amount: $171,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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Previous Mortgages

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Bowe Gardens

Stats & Trends

Median Asking:

$262,700

Sale Price/ft²

$191

Below Asking

0.03%

Average Days on Market

Average Home Size

1279 ft²

Average Home Age

63.7 years

Currently For Sale

20 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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2 Baths
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Rentals Near You

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Listed by: Natalie Carter, Coldwell Banker Residential RE
Last Updated: 4 months ago
Data Source: Space Coast MLS, MLS# 665031

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