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$315,000

Beds
4
Baths
2.0
sq ft
1,276

1948 Wallace Ave, Melbourne, FL 32935

1948 Wallace Ave

Melbourne, FL 32935

  • 101 days on market
Welcome to your ideal Florida retreat! This charming single-family pool home offers 4 comfortable bedrooms, 2 well-maintained bathrooms, and a convenient laundry room, all designed for easy living. A brand-new roof ensuring peace of mind for years to come. Step outside to your private screened-in pool and patio—perfect for enjoying the sunshine or hosting gatherings. The fully fenced yard includes a powered shed, ideal for storage or hobbies, and a one-car garage for added convenience. Situated in a prime location just minutes from the beaches, shopping, and major highways, this home blends comfort, practicality, and the coastal lifestyle you've been dreaming of. Don't miss this incredible opportunity!

Details

Property type

Single Family Residence

Est. home value

$307,355

Lot size

7,841 sq ft

Price per sq ft

$247

Year built

1962

Annual property taxes

$3,022.34

Price History

03/05/2025
BrevardMLS

BrevardMLS #1032421

Price change
$315,000
+5.7%
03/01/2025
BrevardMLS

BrevardMLS #1032421

Listed
$298,000
01/10/2025
BrevardMLS

BrevardMLS #1032421

Pending
$298,000

Schools & Community

Elementary school: 

Harbor City

Middle school: 

Hoover

High school: 

Eau Gallie

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$166,577
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$123,223
Cash to seller
$166,577

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

April 2019

Original loan amount

$138,351

Est. remaining balance

$123,223

Interest rate

4.35%

Loan type

FHA, 30 year

Seller

Marjorie Gurnick

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/31/2025 at 6:15 PM

Listing updated: 03/05/2025 at 6:35 PM

Listed by: Guy Newman, Florida Homes Rlty. & Mtg. LLC Phone #: (904) 996-9115

MLS: BrevardMLS #1032421

BrevardMLS logo

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