NOT LISTED FOR SALE

Estimated Value: $174,234 - $199,000

4 Beds
2 Baths
1,178 Sq Ft
$161/Sq Ft Est. Value

Last Sold March 28, 2012

Last sale price $20,000 $17 Per Sq Ft

Est. 854% increase in value since last sale

Current estimated payment $1,176/month

27 Days on Market

Highlights

  • No HOA
  • Fenced
  • 1-Story Property
  • Tile Flooring

About This Home

As of March 2012

Bank owned property in need of repair and updating. Being sold as is, this property in close to shopping, dining, schools, employment and I95. Offered under the Freddie Mac First look initiative until 2/14/12, only offers from nonprofits organization, owner occupants and buyers using NSP funds accepted during this period.

Last Agent to Sell the Property

Carlene McDuffie

PALM III REALTY AND PROPERTY MANAGEMENT License #0201790 Listed on: 01/30/2012

Last Buyer's Agent

Sharon Silva

PALM III REALTY AND PROPERTY MANAGEMENT License #3089102

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,571

Year Built

  • Built in 1955

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75x120
  • Fenced

Parking

  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,178 Sq Ft Home
  • 1-Story Property
  • Vinyl Clad Windows

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association
  • Out Of Area No Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,571

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 75x120
  • Road Surface Type: Paved
  • Subdivision Name: Out Of Area No Subdivision
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1955
  • Property Sub Type Additional: Residential
  • Special Features: 20
  • Stories: 1

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile, Vinyl
  • Interior Amenities: Main Level Master
  • Living Area: 1178.0
  • Window Features: Aluminum Frames

Exterior Features

  • Pool Features: None
  • Construction Type: Block, Frame, Concrete
  • Exterior Features: Fence
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Other, See Remarks
  • Heating: Other, See Remarks
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R-1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2012
Closed on
Mar 28, 2012
Sold by
Suncoast Property Investors Inc
Bought by
C & C Flowers & Landscaping Llc
Seller's Agent
Carlene McDuffie
PALM III REALTY AND PROPERTY MANAGEMENT
Buyer's Agent
Sharon Silva
PALM III REALTY AND PROPERTY MANAGEMENT
List Price
$29,900
Sold Price
$20,000
Premium/Discount to List
-$9,900
-33.11%
Current Estimated Value
$190,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,873
Avg. Annual Appreciation
18.20%
Original Mortgage
$37,000
Interest Rate
15%
Mortgage Type
Balloon

Purchase Details

Listed on
Jan 30, 2012
Closed on
Mar 27, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Suncoast Property Investors Inc
Seller's Agent
Carlene McDuffie
PALM III REALTY AND PROPERTY MANAGEMENT
Buyer's Agent
Sharon Silva
PALM III REALTY AND PROPERTY MANAGEMENT
List Price
$29,900
Sold Price
$20,000
Premium/Discount to List
-$9,900
-33.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
15%
Mortgage Type
Balloon

Purchase Details

Listed on
Jan 30, 2012
Closed on
Mar 19, 2012
Sold by
Branch Banking & Trust Company
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Carlene McDuffie
PALM III REALTY AND PROPERTY MANAGEMENT
Buyer's Agent
Sharon Silva
PALM III REALTY AND PROPERTY MANAGEMENT
List Price
$29,900
Sold Price
$20,000
Premium/Discount to List
-$9,900
-33.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
15%
Mortgage Type
Balloon

Purchase Details

Listed on
Jan 30, 2012
Closed on
Feb 2, 2012
Sold by
Hodges Marcus W
Bought by
Branch Banking & Trust Company
Seller's Agent
Carlene McDuffie
PALM III REALTY AND PROPERTY MANAGEMENT
Buyer's Agent
Sharon Silva
PALM III REALTY AND PROPERTY MANAGEMENT
List Price
$29,900
Sold Price
$20,000
Premium/Discount to List
-$9,900
-33.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
15%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 12, 2012
Sold by
Hodges Marcus W
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Sep 24, 2007
Sold by
Hodges Marcus
Bought by
Hodges Marcus W and Hodges Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,200
Interest Rate
6.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2006
Sold by
H & M Investment Group Inc
Bought by
Hodges Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2006
Sold by
Benedict Daniel S
Bought by
H & M Investment Group Inc and Trust #10425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
C & C Flowers & Landscaping Llc $23,500 Sunshine Title Corporation
Suncoast Property Investors Inc $20,000 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Branch Banking & Trust Company $15,100 None Available
Branch Banking & Trust Company $15,100 Attorney
Hodges Marcus W -- Remington Title Inc
Hodges Marcus $58,000 Sunshine Title Corp
H & M Investment Group Inc $40,000 All Florida Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed C & C Flowers & Landscaping Llc $37,000
Previous Owner Hodges Marcus W $100,200
Previous Owner Hodges Marcus $90,000
Previous Owner H & M Investment Group Inc $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2012 03/28/12 Sold $20,000 -33.1% $17 / Sq Ft
02/27/2012 02/27/12 Pending -- -- --
01/30/2012 01/30/12 For Sale $29,900 -- $25 / Sq Ft
Source: Amelia Island - Nassau County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,571 $79,434 -- --
2024 $1,474 $87,819 $30,000 $57,819
2023 $1,474 $83,356 $22,500 $60,856
2022 $1,232 $65,892 $15,000 $50,892
2021 $1,131 $54,256 $15,000 $39,256
2020 $1,078 $50,906 $13,000 $37,906
2019 $1,047 $48,401 $10,500 $37,901
2018 $1,039 $47,548 $10,500 $37,048
2017 $1,029 $46,451 $10,000 $36,451
2016 $966 $42,263 $0 $0
2015 $964 $41,470 $0 $0
2014 $933 $42,188 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Amelia Island - Nassau County Association of REALTORS®

MLS Number: 56855

APN: 043025-0000