$247,500
- 3 Beds
- 1 Bath
- 1,182 sqft
563 Cherokee Ave, Melbourne, FL 32935
Est. Refi. Payment $1,694/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 1, 2021 for $198,000
Home Value
Trulia Estimate
$248KSince last month
Increased$2K (+0.7%)Since last year
Decreased$300 (-0.1%)Since last sale
Increased$49K (+24.5%)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 +148% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $247K |
| August 2026 | $245K |
| July 2026 | $246K |
| June 2026 | $249K |
| May 2026 | $249K |
| April 2026 | $251K |
| March 2026 | $248K |
| February 2026 | $245K |
| January 2026 | $240K |
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 |
|---|---|---|---|---|---|---|---|
0.17 | Single-Family Home | $215,000 | 09/25/25 | 3 | 2 | 1,274 |
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 |
|---|---|---|---|---|---|---|
0.01 | $205,400 | 3 | 1 | 1,200 | Off Market | |
0.03 | $248,400 | 3 | 2 | 1,299 | Off Market | |
0.04 | $274,300 | 4 | 2 | 1,624 | Off Market | |
0.05 | $259,600 | 3 | 2 | 1,146 | Off Market | |
0.02 | $246,800 | 3 | 2 | 1,299 | Off Market | |
0.06 | $216,300 | 2 | 1 | 907 | Off Market | |
0.01 | $249,200 | 3 | 2 | 1,146 | Off Market | |
0.02 | $248,200 | 3 | 2 | 1,368 | Off Market | |
0.02 | $225,500 | 3 | 1 | 1,024 | Off Market | |
0.03 | $186,400 | 2 | 2 | 1,075 | Off Market | |
0.04 | $231,000 | 3 | 2 | 1,299 | Off Market | |
0.05 | $264,200 | 2 | 2 | 1,299 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1962
1,182 sqft
$209/sqft
About this House
Adorable cottage style home with a front porch, newly painted exterior, roof 2018, resurfaced carport floor & walkway. Bright living room and dining combo with a functional kitchen that opens up to the large Florida/multi purpose room with a wood burning fireplace and is easily the favorite place in this home. Master bedroom is large enough for a king size bed & the renovated bathroom has a walk-in-shower, a chic vanity with smart drawer storage, a comfort height toilet & a trendy smooth dark gray floor. Laundry room/walk-in pantry & carport access next to kitchen. Updated plumbing, new electric panel & large shed in the fenced backyard for all your extra things. Charming and friendly neighborhood with no HOA close to shopping, restaurants, fresh produce & only 15 min to Canova Beach.
563 Cherokee Ave, Melbourne, FL 32935 is a 3 bedroom, 1 bathroom, 1,182 sqft single-family home built in 1962. It last sold for $198,000 on Jun 1, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $247,500, with a rent estimate of $1,841/month.
Home Details for 563 Cherokee Ave
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Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Carpet |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: AsphaltExterior: Other, Cement ConcretePatioPorch |
Parking & Garage Parking Space: 1Parking: Carport |
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Year Built Year Built: 1962Year Updated: 1984 |
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 |
|---|---|---|
Jun 1, 2021 Source: Space Coast AOR #899800 | Sold | $198,000 |
Apr 1, 2021 Source: Keller Williams #899800 | Pending | $197,990 |
Mar 23, 2021 Source: Keller Williams #899800 | PendingToActive | $197,990 |
Mar 22, 2021 Source: Space Coast AOR #899800 | Contingent | $197,990 |
Mar 19, 2021 Source: Space Coast AOR #899800 | PriceChange | $197,990 Price decreased by 0% |
Mar 18, 2021 Source: Space Coast AOR #899800 | Listed For Sale | $198,000 |
Nov 9, 2018 Source: N/A | Sold | $27,500 |
Jul 7, 2016 Source: N/A | Sold | $21,000 |
Jun 24, 2014 Source: Agent Provided | ListingRemoved | $69,900 |
Sep 6, 2013 Source: Agent Provided | Listed For Sale | $69,900 |
Dec 26, 2008 Source: N/A | Sold | $59,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,564 | $182,190 |
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 563 Cherokee Ave
- What is 563 Cherokee Ave estimated to be worth?Trulia's estimated value for 563 Cherokee Ave in Melbourne, FL is $247,500.
- What is the price history for 563 Cherokee Ave?563 Cherokee Ave in Melbourne, FL last sold for $198,000 in June 2021.
- 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 563 Cherokee Ave?The lot at 563 Cherokee Ave in Melbourne, FL is about 0.15 acres (6,534 sq ft).
- Does 563 Cherokee Ave have parking?Yes, 563 Cherokee Ave in Melbourne, FL has on-site parking.

