541 Cherokee Ave
Melbourne, FL 32935
3 bd 1 ba 1,506 sqft Built 1963 Lot 8,712 sqft single_family
Most recent sale
$325,000
Jun 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 23, 2026 | Listing removed | $2,175 | SpaceCoast |
| Dec 20, 2024 | Sold | $325,000 | SpaceCoast |
| Jun 22, 2022 | Sold | $325,000 | MLS #934802 |
| May 14, 2022 | Listed | $320,000 | MLS #934802 |
| Oct 13, 2016 | Sold | $157,000 | MLS #763628 |
| Sep 2, 2016 | Listed | $159,950 | MLS #763628 |
| Nov 18, 2015 | Sold | $46,000 | MLS #736807 |
| Oct 8, 2015 | Listed | $45,000 | MLS #736807 |
| Jun 14, 2004 | Sold | $124,900 | Public Record |
| Jan 5, 2001 | Sold | $68,000 | Public Record |
| Jul 1, 1990 | Sold | $59,300 | Public Record |
| Jan 1, 1990 | Sold | $45,800 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $162,360 | $70,000 | $232,360 | $4,224 |
| 2024 | $162,360 | $70,000 | $232,360 | $3,230 |
| 2023 | $150,080 | $70,000 | $220,080 | $3,238 |
| 2021 | — | — | $122,640 | $1,556 |
| 2020 | — | — | $120,950 | $1,535 |
| 2019 | — | — | $118,240 | $1,537 |
| 2018 | — | — | $116,040 | $1,528 |
| 2017 | $78,660 | $35,000 | $113,660 | $1,523 |
| 2016 | $44,370 | $24,000 | $68,370 | $1,529 |
| 2015 | $41,830 | $24,860 | $66,690 | $1,533 |
| 2014 | — | — | $51,200 | $643 |
| 2013 | — | — | $50,450 | $641 |
| 2012 | — | — | $49,610 | $541 |
| 2011 | — | — | $56,980 | $607 |
| 2010 | — | — | $70,320 | $655 |
| 2009 | — | — | $78,600 | $721 |
| 2008 | — | — | $116,000 | $1,377 |
Property facts
Year built
1963
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,506 sqft
Lot size
8,712 sqft
ZIP code
32935
City
Melbourne
Street
Cherokee Ave
Coordinates
28.11570, -80.66024
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,786
Gross rental yield
10.29%
Implied cap rate
6.69%
Trend-extrapolated value
—
Frequently asked questions
When did 541 Cherokee Ave last sell?
541 Cherokee Ave most recently sold on Jun 22, 2022 for $325,000.
What is the current tax assessment for 541 Cherokee Ave?
The most recent total assessment for 541 Cherokee Ave (year 2025) is $232,360 with $4,224 in property tax.
How does 541 Cherokee Ave's assessment compare to its last sale price?
The current assessment is 28.5% below the last sale price of $325,000.
When was 541 Cherokee Ave built?
541 Cherokee Ave was built in 1963.
How does 541 Cherokee Ave compare to others on Cherokee Ave?
We track 8 other properties on Cherokee Ave. Browse the list under "Other properties on Cherokee Ave" to compare beds, baths, and sale history.
What are the property facts for 541 Cherokee Ave?
541 Cherokee Ave is a 3 bed, 1 bath, 1,506 sqft, 8,712 sqft lot single_family.
Is 541 Cherokee Ave a flip candidate?
No — 541 Cherokee Ave does not appear in our flips dataset.
Is 541 Cherokee Ave a tax-appeal candidate?
No — 541 Cherokee Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.0%
Implied 1-yr
-15.8%
2026 Q3
$270.1K
2026 Q4
$255.7K
ZIP 32935 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cherokee Ave