$611,200
- 4 Beds
- 3.5 Baths
- 3,174 sqft (on 0.25 acres)
498 Carmel Dr, Melbourne, FL 32940
Est. Refi. Payment $4,067/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 19, 1994 for $46,500
Home Value
Trulia Estimate
$611KSince last month
Increased$2K (+0.4%)Since last year
Decreased$10K (-1.5%)Since last sale
Increased$573K (+1,232.9%)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 +59% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $620K |
| August 2026 | $614K |
| July 2026 | $617K |
| June 2026 | $619K |
| May 2026 | $607K |
| April 2026 | $615K |
| March 2026 | $600K |
| February 2026 | $600K |
| January 2026 | $595K |
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 |
|---|---|---|---|---|---|---|---|
0.36 | Single-Family Home | $745,000 | 01/23/26 | 4 | 3.5 | 3,069 |
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 | $571,500 | 4 | 3 | 2,439 | Off Market | |
0.03 | $563,100 | 4 | 3 | 2,362 | Off Market | |
0.05 | $529,600 | 3 | 3 | 2,234 | Off Market | |
0.14 | $512,400 | 3 | 2 | 2,052 | Off Market | |
0.08 | $546,000 | 3 | 2.5 | 2,259 | Off Market | |
0.09 | $506,100 | 3 | 2 | 2,285 | Off Market | |
0.15 | $614,700 | 4 | 3 | 2,500 | Off Market | |
0.16 | $662,700 | 4 | 3 | 2,406 | Off Market | |
0.17 | $530,700 | 3 | 2 | 2,060 | Off Market | |
0.18 | $549,500 | 3 | 2 | 1,982 | Off Market | |
0.19 | $546,300 | 3 | 2 | 2,432 | Off Market | |
0.21 | $519,900 | 4 | 2 | 2,234 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1998
0.25 acre lot
3,174 sqft
$193/sqft
Garage
About this House
This single-family home is located at 498 Carmel Dr, Melbourne, FL. 498 Carmel Dr is in Melbourne, FL and in ZIP code 32940. This property has 4 bedrooms, 4 bathrooms and approximately 3,174 sqft of floor space. This property has a lot size of 10890 sqft and was built in 1998.
498 Carmel Dr, Melbourne, FL 32940 is a 4 bedroom, 4 bathroom, 3,174 sqft single-family home built in 1998. It last sold for $46,500 on Aug 19, 1994. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $611,200, with a rent estimate of $3,640/month.
Home Details for 498 Carmel Dr
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Levels, Entrance, & Accessibility Stories: 2Floors: Tile |
Interior Details Number of Rooms: 8Types of Rooms: Walk In Closet, Breakfast Nook, Dining Room, Family Room, Laundry Room, Master Bath, Office, Pantry, Sun RoomCeiling Fan |
Appliances & Utilities Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Windows, Doors, Floors & Walls Double Paned Windows |
Security Security System |
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Exterior Home Features Roof: Shake ShingleExterior: StuccoLawnSprinkler System |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1998Year Updated: 2004 |
Property Type / Style Property Type: Single Family HomeArchitecture: Modern |
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Units in Building: 1 |
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Lot Area: 10890 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 19, 1994 Source: N/A | Sold | $46,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,751 | $535,920 |
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 498 Carmel Dr
- What is 498 Carmel Dr estimated to be worth?Trulia's estimated value for 498 Carmel Dr in Melbourne, FL is $611,200.
- What is the price history for 498 Carmel Dr?498 Carmel Dr in Melbourne, FL last sold for $46,500 in August 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.
- Does 498 Carmel Dr have laundry facilities?Yes, 498 Carmel Dr in Melbourne, FL has in-unit laundry.
- How big is the lot at 498 Carmel Dr?The lot at 498 Carmel Dr in Melbourne, FL is about 0.25 acres (10,890 sq ft).