1501 Hedrick Dr
Melbourne, FL 32901
- 3 Beds
- 2 Baths
- 1,089 sqft
3 Beds
2 Baths
1,089 sqft
Home Value
Trulia Estimate
$193KSince last month
Decreased$4K (-2.2%)Since last year
Decreased$14K (-6.8%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +68% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $193K |
| July 2026 | $197K |
| June 2026 | $196K |
| May 2026 | $205K |
| April 2026 | $187K |
| March 2026 | $192K |
| February 2026 | $203K |
| January 2026 | $201K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.11 | Single-Family Home | $170,100 | 12/04/25 | 3 | 2 | 1,296 | |
0.41 | Single-Family Home | $169,000 | 10/31/25 | 3 | 2 | 1,390 |
Home facts updated by county records
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.20 | $186,500 | 3 | 2 | 1,089 | Off Market | |
0.21 | $282,100 | 3 | 2 | 1,262 | Off Market | |
0.22 | $276,700 | 3 | 2 | 1,696 | Off Market | |
0.23 | $360,600 | 3 | 2 | 1,905 | Off Market | |
0.25 | $249,300 | 3 | 2 | 1,262 | Off Market | |
0.26 | $284,700 | 3 | 2 | 1,350 | Off Market | |
0.12 | $289,300 | 4 | 2 | 1,697 | Off Market | |
0.15 | $196,000 | 3 | 2 | 1,089 | Off Market | |
0.01 | $289,600 | 4 | 2 | 1,092 | Off Market | |
0.03 | $231,100 | 3 | 2 | 1,296 | Off Market | |
0.05 | $332,300 | 4 | 2 | 1,905 | Off Market | |
0.06 | $234,000 | 2 | 2 | 1,092 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1957
Living Area
1,089 sqft
Price/Sqft
$177
Parking
Garage
About this House
1501 HEDRICK DRIVE IN MELBOURNE - Spacious 3BD/2BA one-story house on a large corner lot. Newly repainted inside throughout the home. New window coverings, ceiling fans and tile in the dinning/living area and kitchen. Kitchen features new cabinets and counter-tops, new stainless steel stove, refrigerator and dishwasher. All 3 bedrooms have new vinyl plank flooring, walk-in closets; master bedroom has shower. One-car garage. Directions: Head East on Sarno Road, Turn Right onto Apollo Blvd, Turn Right onto S Babcock Street, Turn Right onto W Hibiscus Blvd and Turn Left onto Hedrick Road. (RLNE4919600)
1501 Hedrick Dr, Melbourne, FL 32901 is a 3 bedroom, 2 bathroom, 1,089 sqft single-family home built in 1957. More recently, it was listed as a rental in May 2019 with an asking price of $1,250 per month. That rental listing was removed on June 11, 2019. It is currently off market. The Trulia Estimate is $193,100, with a rent estimate of $2,004/month.
Home Details for 1501 Hedrick Dr
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Levels, Entrance, & Accessibility Stories: 1 |
Interior Details Number of Rooms: 5 |
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Exterior Home Features Roof: AsphaltExterior: Other |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1957Year Updated: 1989 |
Property Type / Style Property Type: Single Family Home |
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Units in Building: 1 |
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Lot Area: 10454 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 11, 2019 Source: Agent Provided | ListingRemoved | $1,250 |
May 23, 2019 Source: Agent Provided | Listed For Rent | $1,250 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,767 | $183,990 |
Home facts updated by county records
Market trends in Melbourne
Last updated July 2026
Avg. sale price
$367K
$4.33KMoM
Sale-to-List Price
97.7%
0.2%MoM
Price per sq ft
$222
$1MoM
Available listings
775
58MoM
Around this home
What Locals Say about Melbourne
At least 923 Trulia users voted on each feature.
88 % Say car is needed
88 % Say it's dog friendly
83 % Say parking is easy
74 % Say yards are well-kept
74 % Say there are sidewalks
72 % Say there's holiday spirit
69 % Say it's quiet
65 % Say people would walk alone at night
61 % Say kids play outside
58 % Say streets are well-lit
53 % Say neighbors are friendly
50 % Say there's wildlife
49 % Say they plan to stay for at least 5 years
43 % Say it's walkable to grocery stores
40 % Say it's walkable to restaurants
27 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1501 Hedrick Dr
- What is 1501 Hedrick Dr estimated to be worth?Trulia's estimated value for 1501 Hedrick Dr in Melbourne, FL is $193,100.
- Is Melbourne a buyer's or seller's market?Melbourne is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Melbourne?The median sale price in Melbourne is $367K. That is up $4.33K from the prior month.
- What do residents say about Melbourne?Residents describe Melbourne, FL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Melbourne, FL.
- How big is the lot at 1501 Hedrick Dr?The lot at 1501 Hedrick Dr in Melbourne, FL is about 0.24 acres (10,454 sq ft).
- Does 1501 Hedrick Dr have a garage?Yes, 1501 Hedrick Dr in Melbourne, FL has a garage.

