Step back through time to a bygone era of opulence and attention to detail in this circa 1925 Melbourne Ave historic home. With a little elbow grease and ambition, this property could be an absolute showplace within walking distance to all things Downtown Melbourne. Versatile floor plan currently configured as a 3 Bedroom with one full bath and two half baths. HVAC was replaced in 2018. Upgraded Electrical Panel. Gorgeous period woodworking, hardwood floors, door knobs, windows and touches throughout. Full stand up attic with dormer windows offers additional possibilities. Sun room, rear screened porch and multiple outdoor patios for enjoying the year round sunshine. Five minute drive to the Intracoastal Waterway and beaches of the Atlantic. If you have always dreamt of owning a charming, story-telling historic home, this is the one. Light in breakfast nook does not convey. Some furnishings negotiable.
Sold for $450,000
$450,000
501 E Melbourne Ave, Melbourne, FL 32901
3beds
2,072sqft
Single Family Residence
Built in 1925
0.38 Acres Lot
$491,500 Zestimate®
$217/sqft
$2,652 Estimated rent
Home value
$491,500
$447,000 - $546,000
$2,652/mo
Zestimate® history
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List your homeWhat's special
Versatile floor planGorgeous period woodworkingSun roomRear screened porchDormer windowsHardwood floorsMultiple outdoor patios
Zillow last checked:
Listing updated:
Listed by:
Stacey Buchanan 321-723-3421,
Melbourne Realty, Inc.
Bought with:
Lisa Parlette, 3477476
YHSGR-Pioneer
Source: Space Coast AOR,MLS#: 1002999
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Range, Microwave, Refrigerator
- Laundry: In Unit, Washer Hookup
Features
- Breakfast Nook, Pantry, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
- Flooring: Wood
- Has fireplace: Yes
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,488
- Total interior livable area: 2,072 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch, Screened, Side Porch
- Pool features: None
- Fencing: Vinyl,Other
Lot
- Size: 0.38 Acres
- Features: Historic Area, Many Trees, Wooded
Details
- Additional structures: Shed(s)
- Additional parcels included: 2818120
- Parcel number: 2837037500000.00002.06
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Shingle
Condition
- Fixer
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Fees Unrec Subd
HOA
- Has HOA: No
Location
- Region: Melbourne
Financial & listing details
- Price per square foot: $217/sqft
- Tax assessed value: $278,570
- Annual tax amount: $413
- Date on market: 1/25/2024
- Listing terms: Cash,Conventional
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2024 | Sold | $450,000+5.9%$217/sqft |
Source: Space Coast AOR #1002999 Report a problem | ||
| 3/22/2024 | Pending sale | $425,000$205/sqft |
Source: Space Coast AOR #1002999 Report a problem | ||
| 3/15/2024 | Price change | $425,000-14.8%$205/sqft |
Source: Space Coast AOR #1002999 Report a problem | ||
| 2/21/2024 | Price change | $499,000-4%$241/sqft |
Source: Space Coast AOR #1002999 Report a problem | ||
| 1/25/2024 | Listed for sale | $519,900$251/sqft |
Source: Space Coast AOR #1002999 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,307 +24.7% | $278,570 +43.8% |
| 2024 | $3,454 +719.9% | $193,770 +316.1% |
| 2023 | $421 +9.1% | $46,570 +3% |
| 2022 | $386 +3.2% | $45,220 +3% |
| 2021 | $374 +2.5% | $43,910 +1.4% |
| 2020 | $365 +1.1% | $43,310 +2.3% |
| 2019 | $361 | $42,340 +1.9% |
| 2018 | $361 +2% | $41,560 +2.1% |
| 2017 | $354 +2.3% | $40,710 +2.1% |
| 2016 | $346 -0.2% | $39,880 +0.7% |
| 2015 | $347 -0.4% | $39,610 +0.8% |
| 2014 | $348 | $39,300 +1.5% |
| 2013 | -- | $38,720 -1.6% |
| 2012 | $245 -3.7% | $39,350 -1.3% |
| 2011 | $255 -49.8% | $39,870 -38.7% |
| 2010 | $507 -7.8% | $65,010 -11.6% |
| 2009 | $550 +1% | $73,500 -16.1% |
| 2008 | $545 -24.6% | $87,600 -23.3% |
| 2007 | $723 -1% | $114,200 +12.1% |
| 2005 | $730 +1.2% | $101,890 +28.9% |
| 2004 | $721 +0.7% | $79,030 +14.3% |
| 2003 | $716 +0.7% | $69,120 +8.4% |
| 2002 | $711 -6.4% | $63,740 +4.5% |
| 2001 | $759 +7.5% | $60,980 +6% |
| 2000 | $706 | $57,520 |
Find assessor info on the county website
Neighborhood: 32901
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Nearby schools
GreatSchools rating
- 3/10University Park Elementary SchoolGrades: PK-6Distance: 1.4 mi
- 7/10Herbert C. Hoover Middle SchoolGrades: 7-8Distance: 2.9 mi
- 6/10Melbourne Senior High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: University Park
- Middle: Hoover
- High: Melbourne
Source: Space Coast AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$491,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$491,500
- Florida
- Brevard County
- Melbourne
- 32901
- 501 E Melbourne Ave
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