$193,200
- 2 Beds
- 1 Bath
- 970 sqft
406 Oleander Ln, Melbourne, FL 32935
Est. Refi. Payment $1,334/mo*
Refinance Your HomeCurrently Off Market - Sold May 16, 2018 for $163,500
Home Value
Trulia Estimate
$193KSince last month
Decreased$34K (-15.1%)Since last year
Decreased$67K (-26.1%)Since last sale
Increased$26K (+15.9%)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 +28% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $190K |
| August 2026 | $223K |
| July 2026 | $262K |
| June 2026 | $261K |
| May 2026 | $262K |
| April 2026 | $259K |
| March 2026 | $257K |
| February 2026 | $258K |
| January 2026 | $254K |
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 |
|---|---|---|---|---|---|---|---|
0.04 | Single-Family Home | $180,000 | 08/21/26 | 3 | 1 | 928 | |
0.16 | Single-Family Home | $215,000 | 10/14/25 | 3 | 1 | 1,200 |
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 |
|---|---|---|---|---|---|---|
0.02 | $267,300 | 2 | 2 | 1,098 | Off Market | |
0.03 | $228,400 | 3 | 2 | 928 | Off Market | |
0.04 | $276,700 | 2 | 1 | 1,000 | Off Market | |
0.05 | $454,300 | 3 | 2 | 1,450 | Off Market | |
0.06 | $382,700 | 3 | 2 | 1,368 | Off Market | |
0.07 | $383,800 | 3 | 2 | 1,231 | Off Market | |
0.02 | $216,600 | 3 | 1 | 960 | Off Market | |
0.02 | $238,700 | 3 | 1 | 1,000 | Off Market | |
0.02 | $323,300 | 3 | 1 | 960 | Off Market | |
0.03 | $324,800 | 2 | 3 | 1,000 | Off Market | |
0.05 | $286,000 | 3 | 2 | 1,000 | Off Market | |
0.07 | $473,700 | 3 | 2 | 2,369 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1951
970 sqft
$199/sqft
Garage
About this House
Ballard Park Neighborhood (Love Ridge Heights).
2 Bedroom, 1 bath, Den, garage,
Large screened aluminum porch, with insulated ceiling.
No flood insurance required.
Home is on a 20 foot ridge above the Indian River.
1000 sq ft under roof + large back porch.
Well built, solid home built of solid concrete cinder blocks in 1951.
Very quiet street.
Large oversized corner lot.
Nice wood utility shed, with overhang.
Well with lawn sprinkler system.
Lemon, lime, navel orange trees.
Many more beautiful tropical plants.
Terracotta tile, linoleum, carpet.
Entire home recently painted within 2 years.
Brand new seamless gutters across front.
Insurance approved hurricane panels for all windows.
Ceiling fans in most rooms.
Central AC/Heat and Water Heater (new 2008).
Blinds in all rooms.
All new inside plumbing fixtures within 2 years.
Dishwasher.
New sewer line 2008.
New shingle roof 2008.
Washer/Dryer hookup (Five year old set negotiable).
Move in condition, and enjoy.
Neighborhood with county park/boat launches.
Fenced in, private back yard.
Bring your kayak, sup, boat and golf cart.
No added deed restrictions.
Lots of room on north side for master suite addition.
Home is our residence.
Appointments only.
Please call Ron for Appointment show contact info
Serious inquiries only please.
$163,500 .... NO owner financing and NO special conditions.
*Last few 2/1 homes in neighborhood have appraised for $165,000 without large finished porch and large corner lot.
2 Bedroom, 1 bath, Den, garage,
Large screened aluminum porch, with insulated ceiling.
No flood insurance required.
Home is on a 20 foot ridge above the Indian River.
1000 sq ft under roof + large back porch.
Well built, solid home built of solid concrete cinder blocks in 1951.
Very quiet street.
Large oversized corner lot.
Nice wood utility shed, with overhang.
Well with lawn sprinkler system.
Lemon, lime, navel orange trees.
Many more beautiful tropical plants.
Terracotta tile, linoleum, carpet.
Entire home recently painted within 2 years.
Brand new seamless gutters across front.
Insurance approved hurricane panels for all windows.
Ceiling fans in most rooms.
Central AC/Heat and Water Heater (new 2008).
Blinds in all rooms.
All new inside plumbing fixtures within 2 years.
Dishwasher.
New sewer line 2008.
New shingle roof 2008.
Washer/Dryer hookup (Five year old set negotiable).
Move in condition, and enjoy.
Neighborhood with county park/boat launches.
Fenced in, private back yard.
Bring your kayak, sup, boat and golf cart.
No added deed restrictions.
Lots of room on north side for master suite addition.
Home is our residence.
Appointments only.
Please call Ron for Appointment show contact info
Serious inquiries only please.
$163,500 .... NO owner financing and NO special conditions.
*Last few 2/1 homes in neighborhood have appraised for $165,000 without large finished porch and large corner lot.
406 Oleander Ln, Melbourne, FL 32935 is a 2 bedroom, 1 bathroom, 970 sqft single-family home built in 1951. It last sold for $163,500 on May 16, 2018. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $193,200, with a rent estimate of $1,793/month.
Home Details for 406 Oleander Ln
|
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Heating & Cooling Heating: Forced AirHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet, Linoleum Vinyl |
Interior Details Number of Rooms: 6Types of Rooms: Dining Room, Family Room, Sun RoomCeiling Fan |
Appliances & Utilities DishwasherRefrigerator |
|
|---|
Exterior Home Features Roof: Shake ShingleExterior: Cement ConcreteGardenLawnPatioPorchSprinkler System |
Parking & Garage GarageParking Spaces: 4Parking: Garage Attached |
|
|---|
Year Built Year Built: 1951Year Updated: 1994 |
Property Type / Style Property Type: Single Family HomeArchitecture: Ranch / Rambler |
|
|---|
Units in Building: 1 |
|
|---|
Lot Area: 9583 sqft |
|
|---|
RV Parking Rv Parking |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 24, 2021 Source: N/A | ListingRemoved | |
May 16, 2018 Source: N/A | Sold | $163,500 |
Apr 2, 2018 Source: N/A | PriceChange | $169,000 Price increased by 3% |
Apr 2, 2018 Source: N/A | Pending | $163,500 |
Mar 26, 2018 Source: N/A | PriceChange | $163,500 Price decreased by 3% |
Mar 23, 2018 Source: N/A | PendingToActive | $169,000 |
Mar 16, 2018 Source: N/A | Pending | $169,000 |
Mar 15, 2018 Source: N/A | Listed For Sale | $169,000 |
Apr 8, 2016 Source: Space Coast AOR #746041 | Sold | $140,000 |
Oct 9, 2015 Source: N/A | Sold | $90,000 |
Apr 3, 1998 Source: N/A | Sold | $62,000 |
Nov 21, 1997 Source: N/A | Sold | $62,500 |
Feb 18, 1997 Source: N/A | Sold | $45,300 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,854 | $243,040 |
Home facts updated by county records
Market trends in Melbourne
Last updated August 2026
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
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 406 Oleander Ln
- What is 406 Oleander Ln estimated to be worth?Trulia's estimated value for 406 Oleander Ln in Melbourne, FL is $193,200.
- What is the price history for 406 Oleander Ln?406 Oleander Ln in Melbourne, FL last sold for $163,500 in May 2018.
- 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 406 Oleander Ln?The lot at 406 Oleander Ln in Melbourne, FL is about 0.22 acres (9,583 sq ft).
- Does 406 Oleander Ln have a garage?Yes, 406 Oleander Ln in Melbourne, FL has a garage.