NOT LISTED FOR SALE

115 S Fletcher Ave Fernandina Beach, FL 32034

Estimated Value: $695,844 - $837,000

3 Beds
1 Bath
1,094 Sq Ft
$704/Sq Ft Est. Value

Last Sold August 12, 2019

Last sale price $493,600 $451 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,852/month

36 Days on Market

Highlights

  • Marina
  • Ocean View
  • No HOA
  • Emma Love Hardee Elementary School Rated A-
  • Furnished
  • 4-minute walk to Main Beach Park

About This Home

As of August 2019

Amazing investment opportunity. This property is zoned R-3 (vacation rentals approved) and is deep enough to build an additional duplex or single family home on the back of the property. Being right near all the action of Main Beach with restaurants, shops, and entertainment is a a draw for vacation renters! Existing home has a new roof (2018) HVAC 2017, and is scheduled to be re-plumbed in two weeks. There is a strong rental history on VRBO and the house is furnished and turn-key for the future owner. This one won't last!

Last Agent to Sell the Property

SUSAN HUGHES

FLORIDA HOMES REALTY & MORTGAGE License #3210587 Listed on: 06/06/2019

FLORIDA HOMES REALTY & MORTGAGE

Co-Listed By

Tina Roberts

FLORIDA HOMES REALTY & MORTGAGE License #3326839

Last Buyer's Agent

Terri Tennille

COLDWELL BANKER THE AMELIA GROUP License #3139021

COLDWELL BANKER THE AMELIA GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,891

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 50 x 257
  • Property is zoned R3

Parking

  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1 Full Bathroom
  • 1,094 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Ocean Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 00-00-31-1020-0048-0000

Community Details

Overview

  • No Home Owners Association
  • Amelia Lighthouse Reservation Subdivision

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,891

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size: 50 x 257
  • Road Surface Type: Paved
  • Co List Office Mls Id: FLHOME
  • Co List Office Phone: 904-996-9115
  • Subdivision Name: Amelia Lighthouse Reservation
  • Directions: AiA on South Fletcher just south of Atlantic across from Elizabeth Pointe Lodge
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1956
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s), Furnished
  • Living Area: 1094.0
  • Window Features: Insulated Windows, Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Ocean
  • View: Yes
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Marina
  • Association: No

Lot Info

  • Parcel #: 00-00-31-1020-0048-0000
  • Zoning: R3
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2019
Sold by
Lovelace Ryan E and Lovelace Terra L
Bought by
Lovelace Ryan E and The Ryan E Lovelace Revocable Trust
Current Estimated Value
$769,711

Purchase Details

Listed on
Jun 6, 2019
Closed on
Aug 12, 2019
Sold by
Shelton Walter L and Shelton Sandra L
Bought by
Lovelace Ryan E and Lovelace Terra L
Seller's Agent
SUSAN HUGHES
FLORIDA HOMES REALTY & MORTGAGE
Buyer's Agent
Terri Tennille
COLDWELL BANKER THE AMELIA GROUP
List Price
$499,000
Sold Price
$493,600
Premium/Discount to List
-$5,400
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$394,880
Outstanding Balance
$346,055
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$423,656

Purchase Details

Listed on
Sep 5, 2012
Closed on
May 20, 2013
Sold by
Kenyon Patrick J and Kenyon Jean
Bought by
Shelton Walter L and Shelton Sandra L
Seller's Agent
Jason Collins
CENTURY 21 MILLER ELITE
Buyer's Agent
Carey Dresser
BERKSHIRE HATHAWAY HomeServices HWREI
List Price
$285,000
Sold Price
$264,850
Premium/Discount to List
-$20,150
-7.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%

Purchase Details

Closed on
Jul 6, 2005
Sold by
Clark John C and Clark Mary E
Bought by
Kenyon Patrick J and Kenyon Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$329,600
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 5, 2003
Sold by
Purifoy Ottis and Purifoy Judith
Bought by
Werling Paul J and Werling Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
4.5%
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
Lovelace Ryan E -- Attorney
Lovelace Ryan E $493,600 Attorney
Shelton Walter L $264,850 Attorney
Kenyon Patrick J $417,500 First American Title Ins Co
Werling Paul J $268,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovelace Ryan E $394,880
Previous Owner Kenyon Patrick J $329,600
Previous Owner Werling Paul J $214,400
Closed Werling Paul J $26,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2019 08/12/19 Sold $493,600 -1.1% $451 / Sq Ft
07/13/2019 07/13/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $499,000 +88.4% $456 / Sq Ft
05/20/2013 05/20/13 Sold $264,850 -7.1% $242 / Sq Ft View Prior Sale
04/20/2013 04/20/13 Pending -- -- --
09/05/2012 09/05/12 For Sale $285,000 -- $261 / 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
2024 $9,891 $591,994 $390,400 $201,594
2023 $9,891 $558,640 $366,000 $192,640
2022 $8,947 $542,048 $366,000 $176,048
2021 $8,190 $452,670 $305,000 $147,670
2020 $7,466 $382,749 $259,250 $123,499
2019 $6,113 $338,300 $244,000 $94,300
2018 $5,543 $314,959 $0 $0
2017 $4,955 $284,944 $0 $0
2016 $4,552 $209,658 $0 $0
2015 $3,908 $190,598 $0 $0
2014 $3,787 $183,382 $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: 85592

APN: 00-00-31-1020-0048-0000