Sold for $585,000

Street View

$585,000

1048 Spanish Wells Dr, Melbourne, FL 32940

3beds

2baths

1,998sqft

SingleFamily

Built in 1988

0.37 Acres Lot

$582,200 Zestimate^®

$293/sqft

$3,634 Estimated rent

Home value

$582,200

$536,000 - $635,000

$3,634/mo

Zestimate^® history

Owner options

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$3,634/mo

Rent Zestimate^®

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$3,634/mo

Rent Zestimate^®

Refinance and save

$4,240/mo

Est. payment

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$4,240/mo

Est. payment

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What's special

1048 Spanish Wells Dr, Melbourne, FL 32940 is a single family home that contains 1,998 sq ft and was built in 1988. It contains 3 bedrooms and 2 bathrooms. This home last sold for $585,000 in May 2026. The Zestimate for this house is $582,200. The Rent Zestimate for this home is $3,634/mo.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Features

Has fireplace: Yes

Interior area

Total interior livable area: 1,998 sqft

Property

Parking

Parking features: Garage - Attached

Features

Exterior features: Stucco

Lot

Size: 0.37 Acres

Details

Parcel number: 26362325142

Construction

Type & style

Home type: SingleFamily

Materials

Wood
Roof: Asphalt

Condition

Year built: 1988

Community & HOA

HOA

Has HOA: Yes
HOA fee: $416 monthly

Location

Region: Melbourne

Financial & listing details

Price per square foot: $293/sqft
Tax assessed value: $451,800
Annual tax amount: $3,761

Price history

Date	Event	Price
5/4/2026	Sold	$585,000+192.5%$293/sqft
Source: Public Record Report a problem
6/24/2015	Sold	$200,000$100/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,761 +7.6%	$293,880 +2.9%
2024	$3,496 +2%	$285,600 +3%
2023	$3,429 +8.1%	$277,290 +3%
2022	$3,172 -3.6%	$269,220 +3%
2021	$3,292 +1.7%	$261,380 +1.4%
2020	$3,236 +1.6%	$257,780 +2.3%
2019	$3,186	$251,990 +1.9%
2018	$3,186 -0.2%	$247,300 +2.1%
2017	$3,192 -0.9%	$242,220 +2.1%
2016	$3,222 -7.8%	$237,240 +14.6%
2015	$3,496 +37.3%	$207,010 +23.6%
2014	$2,547	$167,450 -5.9%
2013	--	$177,880 +9.6%
2012	$2,178 +3.2%	$162,230 +2.5%
2011	$2,110 -7%	$158,260 -11.7%
2010	$2,268 +9.3%	$179,160 -18.6%
2009	$2,075 0%	$220,170 -11.6%
2008	$2,076 -4.3%	$249,000 -11.1%
2007	$2,169 -8.4%	$280,000 +5.2%
2005	$2,369 -2.6%	$266,040 +38.5%
2004	$2,432 -2%	$192,040 +9.3%
2003	$2,482 +2.9%	$175,680 +10.2%
2002	$2,411 +2.6%	$159,450 +2.7%
2001	$2,350 +7.5%	$155,310 +7%
2000	$2,187	$145,160