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541 Cherokee Ave, Melbourne, FL, 32935

$330,000

Home List Price

$3,919*

Closing Credit

3 Bedrooms
2 Full Baths
1,506 SqFt
$219/SqFt
House

Location

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541 Cherokee Ave, Melbourne$330,000

Buyer Closing Credits

$3,919*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Garage Door Opener, On Street
Garage1 space
Year Built1963
HeatingCentral
CoolingCentral Air
MLS #1010285
Lot Size0.20 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 541 Cherokee Ave

This extensively renovated residence is primed for its new owners. Featuring tile flooring throughout, complemented by Luxury Vinyl Plank in the 3 bedrooms. It has a spacious open kitchen with a designated pantry/mud room and indoor laundry area with a 1 car garage. Situated on a corner lot, it is fully enclosed by fencing and offers a generously-sized screened patio, perfect for hosting summer gatherings. Hurricanes pose no inconvenience with impact windows installed throughout the property. Located in the heart of Melbourne surrounded by A rated schools and just minutes from the beach, grocery stores and restaurants.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1963
  • Stories: 1
  • Living Area: 1,506 SqFt

Listing Office:

  • Office Name: Blue Marlin Real Estate
  • Office Phone: (321) 877-2902
  • Listing Agent: Karli Rae Tucker

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Freezer, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Pantry, Primary Bathroom - Shower No Tub, Primary Downstairs, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage, Garage Door Opener, On Street

Virtual/3D Tour

  • Virtual Tour: 541 Cherokee Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: West on Eau Gallie, make left on Croton and proceed to Fatlzer. Make right on Fatzler and then go to Cherokee and make left. Go down road until curve and home is on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $330,000
  • Price Per SqFt: $219/SqFt

Tax Information:

  • Annual Amount: $1,535
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Melbourne, FL.

Med. Sold Price

$420.8K

Med. Price/SqFt

$237

Avg. Days On Market

58

# of Sold Homes

237

541 Cherokee Ave vs Melbourne

227 DAYS ON ROCKET

+169 Days

$330,000

-$90.8K Less

$219/SqFt

-$18 Less

KEY TAKEAWAY

This property is $90.8K less than the Median Sold Price and $18/SqFt less than other homes in Melbourne, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Space Coast MLS (Space Coast Association of REALTORS®)
  • MLS Number: #1010285

Listing Office:

  • Office Name: Blue Marlin Real Estate
  • Office Phone: (321) 877-2902
  • Listing Agent: Karli Rae Tucker

IDX Copyright © 2024 Multiple Listing Service of South Brevard, Inc. and Space Coast Association of REALTORS, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ Program of Space Coast Multiple Listing Service. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Real estate listings held by brokerage firms other this broker are marked with the Broker Reciprocity™ logo or the Broker Reciprocity™ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 9:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 20, 2016Home Sold
$157,000
Nov 20, 2015Home Sold
$46,201
Jun 14, 2004Home Sold
$124,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,535$120,950
2019$1,527$118,240
2018$1,523$116,040
2017$1,523$113,660

History based on county public records data.

Payment Calculator

$1,715

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,056

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-433312
5
/10
  • Roy Allen Elementary School

  • 2601 Fountainhead Blvd

  • 0.25 miles

  • Public District Grades KG-6

school-card-donut-433313
4
/10
  • Croton Elementary School

  • 1449 Croton Rd

  • 1.06 miles

  • Public District Grades PK-6

school-card-donut-433314
6
/10
  • Harbor City Elementary School

  • 1377 Sarno Rd

  • 1.18 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,594. The most common annual income of people living in Melbourne, FL is between $35k-100k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 541 Cherokee Ave

What is the listing price of this property?

The listing price of 541 Cherokee Ave property is $330,000.

What type of property is this?

The property 541 Cherokee Ave is a house located in Melbourne, Florida, 32935.

Is this property for sale now?

Accepting Backup Offers: 541 Cherokee Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,535 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 20, 2016 for $157,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 541 Cherokee Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 541 Cherokee Ave is 1,506 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 541 Cherokee Ave is 1963.

Rocket HomesFloridaBrevard CountyMelbourne32935541 Cherokee Ave

This home is located at 541 Cherokee Ave in Melbourne, FL and zip code 32935 in the Cresthaven Homes neighborhood. This 1,506 square foot home, which was built in 1963, sits on a 0.20 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $330,000.

In October 2024, from all listings sold in Melbourne, FL there were more than 12 sold above asking price, over 160 sold below and more than 65 were sold right at the asked price. In October 2024 in Melbourne, FL there were 2.1% more homes for sale than in September 2024. Listings spent 58 days on the market in October 2024, and had a median list price of $420,837 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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