$276,400
- 3 Beds
- 2 Baths
- 1,324 sqft
538 Teak Dr, Melbourne, FL 32935
Est. Refi. Payment $1,876/mo*
Refinance Your HomeCurrently Off Market - Sold Nov 28, 2023 for $270,000
Home Value
Trulia Estimate
$276KSince last month
$100 (0%)Since last year
Increased$4K (+1.3%)Since last sale
Increased$6K (+2.3%)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 +97% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $276K |
| August 2026 | $276K |
| July 2026 | $276K |
| June 2026 | $277K |
| May 2026 | $279K |
| April 2026 | $276K |
| March 2026 | $274K |
| February 2026 | $274K |
| January 2026 | $271K |
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 | $256,000 | 11/10/25 | 3 | 2 | 1,164 |
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 |
|---|---|---|---|---|---|---|
0.11 | $318,200 | 4 | 1.5 | 1,170 | Off Market | |
0.07 | $218,600 | 2 | 2 | 1,068 | Off Market | |
0.05 | $230,600 | 2 | 2 | 1,244 | Off Market | |
0.03 | $263,200 | 3 | 2 | 1,450 | Off Market | |
0.05 | $250,300 | 2 | 2 | 1,456 | Off Market | |
0.06 | $265,400 | 3 | 2 | 1,306 | Off Market | |
0.01 | $278,200 | 3 | 2 | 1,261 | Off Market | |
0.03 | $277,600 | 3 | 2 | 1,328 | Off Market | |
0.02 | $229,600 | 2 | 2 | 1,341 | Off Market | |
0.02 | $228,600 | 3 | 2 | 1,040 | Off Market | |
0.03 | $242,900 | 3 | 2 | 1,155 | Off Market | |
0.04 | $262,400 | 3 | 2 | 1,040 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1970
1,324 sqft
$209/sqft
Garage
About this House
3 Bedroom, 2 bath, living, dining and family rooms. UPdated kitchen. Plenty of extra parking. Fenced, Shady back yard. Garage with storage and laundry area. Close to elementary school, major roadways and shopping. First, last, and security deposit required for move in. Pets allowed at owner discretion, with $250 pet fee, no dangerous breeds.
538 Teak Dr, Melbourne, FL 32935 is a 3 bedroom, 2 bathroom, 1,324 sqft single-family home built in 1970. It last sold for $270,000 on Nov 28, 2023. More recently, it was listed as a rental in September 2019 with an asking price of $1,375 per month. That rental listing was removed on October 31, 2019. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $276,400, with a rent estimate of $1,978/month.
Home Details for 538 Teak Dr
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Heating & Cooling Heating: ElectricHeating Fuel: Electric |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet |
Interior Details Types of Rooms: Sun Room |
Appliances & Utilities DishwasherMicrowaveRefrigerator |
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Exterior Home Features Roof: Asphalt, Shake ShingleExterior: Stucco |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1970Year 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: 6534 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 28, 2023 Source: N/A | Sold | $270,000 |
Oct 31, 2019 Source: Agent Provided | ListingRemoved | $1,300 |
Sep 20, 2019 Source: Agent Provided | PriceChange | $1,300 Price decreased by 5% |
Sep 11, 2019 Source: Agent Provided | Listed For Rent | $1,375 |
Jan 22, 2017 Source: Agent Provided | ListingRemoved | $1,150 |
Jun 29, 2014 Source: Agent Provided | ListingRemoved | $950 |
Jun 3, 2014 Source: Agent Provided | Listed For Rent | $950 |
Apr 18, 2014 Source: Space Coast AOR #684115 | Sold | $67,550 |
Mar 27, 2014 Source: Agent Provided | PriceChange | $69,900 Price decreased by 7% |
Jan 17, 2014 Source: Agent Provided | PriceChange | $74,900 Price decreased by 6% |
Dec 5, 2013 Source: Agent Provided | Listed For Sale | $79,900 |
Jun 17, 1998 Source: N/A | Sold | $57,400 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,894 | $213,710 |
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 538 Teak Dr
- What is 538 Teak Dr estimated to be worth?Trulia's estimated value for 538 Teak Dr in Melbourne, FL is $276,400.
- What is the price history for 538 Teak Dr?538 Teak Dr in Melbourne, FL last sold for $270,000 in November 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 $371K. That is up $3.17K from the prior month.
- How big is the lot at 538 Teak Dr?The lot at 538 Teak Dr in Melbourne, FL is about 0.15 acres (6,534 sq ft).
- Does 538 Teak Dr have a garage?Yes, 538 Teak Dr in Melbourne, FL has a garage.

