1502 Independence Ave, Melbourne, FL 32940
OFF MARKET

$289,600

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,792 sqft

1502 Independence Ave, Melbourne, FL 32940

Viera East
Est. Refi. Payment $1,967/mo*
Refinance Your Home
Currently Off Market - Sold Mar 24, 1994 for $116,700

Home Value

Trulia Estimate
$290K
Since last month
Decreased$3K (-1.1%)
Since last year
Increased$6K (+2.1%)
Since last sale
Increased$180K (+153.9%)
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 +84% in the last 10 years
MonthEstimated value
2026
September 2026$296K
August 2026$291K
July 2026$300K
June 2026$292K
May 2026$303K
April 2026$292K
March 2026$290K
February 2026$286K
January 2026$285K
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
1355 Pilgrim Ave, Melbourne, FL
0.20
Single-Family Home
$200,000
08/26/26
3
2
1,990
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
1496 Independence Ave, Melbourne, FL 32940
0.01
$271,800
2
2
1,885
Off Market
1551 Independence Ave, Melbourne, FL 32940
0.11
$269,000
3
2
1,816
For Sale
1545 Independence Ave, Melbourne, FL 32940
0.10
$288,200
3
2
1,834
Off Market
1537 Independence Ave, Melbourne, FL 32940
0.09
$289,200
3
2
1,792
Off Market
1531 Independence Ave, Melbourne, FL 32940
0.08
-
2
2
1,680
Off Market
1525 Independence Ave, Melbourne, FL 32940
0.07
$285,200
2
2
1,523
Off Market
1508 Independence Ave, Melbourne, FL 32940
0.01
$257,900
2
2
1,521
Off Market
1514 Independence Ave, Melbourne, FL 32940
0.03
$277,500
3
2
1,821
Off Market
1520 Independence Ave, Melbourne, FL 32940
0.04
$373,900
4
3
2,480
Off Market
1532 Independence Ave, Melbourne, FL 32940
0.06
$416,900
4
2
2,613
Off Market
1538 Independence Ave, Melbourne, FL 32940
0.08
$333,900
3
2
2,276
Off Market
1550 Independence Ave, Melbourne, FL 32940
0.10
$371,800
4
3
2,953
Off Market

Local Information

  • Map ViewExplore the area around 1502 Independence Ave.
  • Schools2 Preschool Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1994
1,792 sqft
$162/sqft
Garage

About this House

This single-family home is located at 1502 Independence Ave, Melbourne, FL. 1502 Independence Ave is in the Viera East neighborhood in Melbourne, FL and in ZIP code 32940. This property has 3 bedrooms, 2 bathrooms and approximately 1,792 sqft of floor space. This property has a lot size of 8276 sqft and was built in 1994.
1502 Independence Ave, Melbourne, FL 32940 is a 3 bedroom, 2 bathroom, 1,792 sqft single-family home in Viera East, built in 1994. It last sold for $116,700 on Mar 24, 1994. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $289,600, with a rent estimate of $2,553/month.

Home Details for 1502 Independence Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: StuccoPatio
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1994Year Updated: 2004
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 8276 sqft

Price and Tax history

DateEventPrice
Mar 24, 1994
Source: N/A
Sold
$116,700

Market trends in Melbourne

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$371K
$3.17KMoM
Sale-to-List Price
97.9%
0.1%MoM
Price per sq ft
$221
$1MoM
Available listings
783
4MoM

Around this home

Neighborhood Overview

Viera East
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Viera East

At least 37 Trulia users voted on each feature.

  • 98 % Say there are sidewalks

  • 94 % Say car is needed

  • 91 % Say it's dog friendly

  • 86 % Say parking is easy

  • 83 % Say yards are well-kept

  • 77 % Say it's quiet

  • 74 % Say people would walk alone at night

  • 70 % Say streets are well-lit

  • 68 % Say kids play outside

  • 66 % Say there's holiday spirit

  • 62 % Say they plan to stay for at least 5 years

  • 60 % Say neighbors are friendly

  • 56 % Say there's wildlife

  • 45 % Say it's walkable to restaurants

  • 43 % Say it's walkable to grocery stores

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Eduardo Cuevas
    "Clean and quite , neighbors take care of their properties, they take pride In their neighborhood. "
    0
    Flag
  • Eduardo Cuevas
    "It’s a quiet and clean neighborhood. Feels safe to walk around. There are also good schools and local restaurants and shopping. "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1502 Independence Ave

  • What is 1502 Independence Ave estimated to be worth?
    Trulia's estimated value for 1502 Independence Ave in Melbourne, FL is $289,600.
  • What is the price history for 1502 Independence Ave?
    1502 Independence Ave in Melbourne, FL last sold for $116,700 in March 1994.
  • 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 $371K. That is up $3.17K from the prior month.
  • How big is the lot at 1502 Independence Ave?
    The lot at 1502 Independence Ave in Melbourne, FL is about 0.19 acres (8,276 sq ft).
  • Does 1502 Independence Ave have a garage?
    Yes, 1502 Independence Ave in Melbourne, FL has a garage.

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