$336,300
- 3 Beds
- 2 Baths
- 1,462 sqft
1503 Spruce Rd, Melbourne, FL 32935
Est. Refi. Payment $2,225/mo*
Refinance Your HomeCurrently Off Market - Sold May 8, 2023 for $305,000
Home Value
Trulia Estimate
$336KSince last month
Decreased$2K (-0.5%)Since last year
Decreased$900 (-0.3%)Since last sale
Increased$31K (+10.3%)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 +118% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $336K |
| August 2026 | $336K |
| July 2026 | $338K |
| June 2026 | $337K |
| May 2026 | $337K |
| April 2026 | $336K |
| March 2026 | $334K |
| February 2026 | $336K |
| January 2026 | $334K |
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 |
|---|---|---|---|---|---|---|---|
0.13 | Single-Family Home | $256,000 | 11/10/25 | 3 | 2 | 1,164 | |
0.33 | Single-Family Home | $290,000 | 11/24/25 | 3 | 2 | 1,561 | |
0.30 | Single-Family Home | $300,000 | 11/10/25 | 3 | 2 | 1,735 |
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 |
|---|---|---|---|---|---|---|
0.32 | $233,400 | 2 | 2 | 1,100 | Off Market | |
0.30 | $245,300 | 3 | 2 | 1,468 | Off Market | |
0.29 | $239,100 | 2 | 2 | 1,456 | Off Market | |
0.28 | $226,200 | 2 | 2 | 1,100 | Off Market | |
0.27 | $270,300 | 3 | 2 | 1,456 | Off Market | |
0.24 | $180,000 | 3 | 2 | 1,189 | Recently Sold | |
0.02 | $263,400 | 3 | 2 | 1,288 | Off Market | |
0.05 | $309,500 | 3 | 2 | 1,252 | Off Market | |
0.06 | $331,400 | 3 | 2 | 1,450 | Off Market | |
0.08 | $316,200 | 3 | 2 | 1,526 | Off Market | |
0.13 | $386,300 | 3 | 2 | 2,114 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1988
Living Area
1,462 sqft
Price/Sqft
$230
Parking
Garage
About this House
Concrete block home with wood flooring in master bedroom & tile throughout. 3/2 with office. Sprinkler system with private well. Screened porch overlooking fenced back yard with no neighbors behind you. Quiet street with little traffic. Close to schools, restaurants & shopping. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down. This property is approved for HomePath Mortgage and Renovation Mortgage Financing.
1503 Spruce Rd, Melbourne, FL 32935 is a 3 bedroom, 2 bathroom, 1,462 sqft single-family home built in 1988. It last sold for $305,000 on May 8, 2023. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $336,300, with a rent estimate of $2,247/month.
Home Details for 1503 Spruce Rd
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Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Hardwood |
Interior Details Types of Rooms: Laundry Room |
Appliances & Utilities DryerWasher |
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Exterior Home Features Roof: AsphaltExterior: Stucco |
Parking & Garage GarageParking Spaces: 2Parking: Garage Attached |
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Year Built Year Built: 1988Year Updated: 1999 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 8712 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
May 8, 2023 Source: Space Coast AOR #961720 | Sold | $305,000 |
Apr 9, 2023 Source: Space Coast AOR #961720 | Contingent | $310,000 |
Apr 6, 2023 Source: Space Coast AOR #961720 | Listed For Sale | $310,000 |
Jun 5, 2013 Source: Space Coast AOR #663330 | Sold | $118,500 |
Mar 21, 2013 Source: Agent Provided | Listed For Sale | $119,900 |
Apr 2, 2005 Source: N/A | Sold | $175,000 |
Sep 12, 1995 Source: N/A | Sold | $81,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,224 | $288,940 |
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 1503 Spruce Rd
- What is 1503 Spruce Rd estimated to be worth?Trulia's estimated value for 1503 Spruce Rd in Melbourne, FL is $336,300.
- What is the price history for 1503 Spruce Rd?1503 Spruce Rd in Melbourne, FL last sold for $305,000 in May 2023.
- 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.
- Does 1503 Spruce Rd have laundry facilities?Yes, 1503 Spruce Rd in Melbourne, FL has in-unit laundry.
- How big is the lot at 1503 Spruce Rd?The lot at 1503 Spruce Rd in Melbourne, FL is about 0.20 acres (8,712 sq ft).

