$447,600
- 3 Beds
- 2 Baths
- 1,711 sqft (on 0.34 acres)
550 Deerfield Dr, Melbourne, FL 32940
Est. Refi. Payment $2,998/mo*
Refinance Your HomeCurrently Off Market - Sold Jan 17, 2020 for $310,000
Home Value
Trulia Estimate
$448KSince last month
Increased$3K (+0.6%)Since last year
Increased$8K (+1.8%)Since last sale
Increased$142K (+45.7%)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 +103% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $452K |
| August 2026 | $447K |
| July 2026 | $449K |
| June 2026 | $444K |
| May 2026 | $442K |
| April 2026 | $445K |
| March 2026 | $440K |
| February 2026 | $434K |
| January 2026 | $424K |
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 |
|---|---|---|---|---|---|---|---|
0.26 | Single-Family Home | $300,000 | 05/08/26 | 3 | 2 | 1,810 |
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 | $568,500 | 3 | 2 | 2,130 | Off Market | |
0.04 | $468,500 | 4 | 3 | 2,078 | Off Market | |
0.05 | $480,300 | 3 | 2 | 1,688 | Off Market | |
0.07 | $435,400 | 3 | 2 | 1,678 | Off Market | |
0.08 | $475,900 | 3 | 2 | 1,742 | Off Market | |
0.10 | $537,400 | 4 | 2 | 2,051 | Off Market | |
0.02 | $522,600 | 3 | 2 | 2,350 | Off Market | |
0.06 | $481,700 | 4 | 2 | 1,698 | Off Market | |
0.07 | $517,600 | 3 | 2 | 2,163 | Off Market | |
0.08 | $474,200 | 3 | 2 | 1,812 | Off Market | |
0.09 | $510,500 | 3 | 2.5 | 1,748 | Off Market | |
0.11 | $475,300 | 3 | 2.5 | 1,950 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1987
0.34 acre lot
1,711 sqft
$262/sqft
Garage
About this House
This single-family home is located at 550 Deerfield Dr, Melbourne, FL. 550 Deerfield Dr is in Melbourne, FL and in ZIP code 32940. This property has 3 bedrooms, 2 bathrooms and approximately 1,711 sqft of floor space. This property has a lot size of 0.34 acres and was built in 1987.
550 Deerfield Dr, Melbourne, FL 32940 is a 3 bedroom, 2 bathroom, 1,711 sqft single-family home built in 1987. It last sold for $310,000 on Jan 17, 2020. More recently, it was listed as a rental in June 2017 with an asking price of $2,000 per month. That rental listing was removed on July 15, 2017. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $447,600, with a rent estimate of $2,578/month.
Home Details for 550 Deerfield Dr
|
|---|
Heating & Cooling Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas |
Interior Details Number of Rooms: 6Types of Rooms: Walk In Closet, Breakfast Nook |
Appliances & Utilities DishwasherMicrowaveRefrigerator |
Levels, Entrance, & Accessibility Floors: Tile |
|
|---|
Exterior Home Features Roof: AsphaltExterior: StuccoPatioPorchSprinkler System |
Parking & Garage GarageParking: Garage Attached |
|
|---|
Year Built Year Built: 1987Year Updated: 1999 |
Property Type / Style Property Type: Single Family Home |
|
|---|
Units in Building: 1 |
|
|---|
Lot Area: 0.34 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jan 17, 2020 Source: Space Coast AOR #859565 | Sold | $310,000 |
Nov 4, 2019 Source: Agent Provided | Pending | $315,000 |
Oct 30, 2019 Source: Agent Provided | Listed For Sale | $315,000 |
May 18, 2018 Source: Space Coast AOR #804004 | Sold | $281,000 |
Mar 22, 2018 Source: Agent Provided | PriceChange | $289,900 Price decreased by 3% |
Feb 1, 2018 Source: Agent Provided | Listed For Sale | $299,900 |
Jul 15, 2017 Source: Agent Provided | ListingRemoved | $2,000 |
Jul 13, 2017 Source: Agent Provided | ListingRemoved | $299,900 |
Jun 26, 2017 Source: Agent Provided | Listed For Sale | $299,900 |
Jun 14, 2017 Source: Agent Provided | Listed For Rent | $2,000 |
Jan 13, 2017 Source: Space Coast AOR #764061 | Sold | $189,000 |
Dec 1, 2016 Source: Agent Provided | PriceChange | $219,000 Price decreased by 4% |
Sep 10, 2016 Source: Agent Provided | Listed For Sale | $228,000 |
Jun 21, 1999 Source: N/A | Sold | $127,900 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $3,477 | $348,110 |
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 550 Deerfield Dr
- What is 550 Deerfield Dr estimated to be worth?Trulia's estimated value for 550 Deerfield Dr in Melbourne, FL is $447,600.
- What is the price history for 550 Deerfield Dr?550 Deerfield Dr in Melbourne, FL last sold for $310,000 in January 2020.
- 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 550 Deerfield Dr have air conditioning?Yes, 550 Deerfield Dr in Melbourne, FL has air conditioning.
- How big is the lot at 550 Deerfield Dr?The lot at 550 Deerfield Dr in Melbourne, FL is about 0.34 acres (14,810 sq ft).

