NOT LISTED FOR SALE

Estimated Value: $208,000 - $449,000

7 Beds
2 Baths
3,033 Sq Ft
$109/Sq Ft Est. Value

Last Sold April 03, 2023

Last sale price $157,500 $52 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,045/month

14 Days on Market

About This Home

As of April 2023

**Seller has accepted a sight unseen offer, but plans to do an Open House in case current contract falls through. Please check back for date & time of Open House** Cash flowing tenant occupied duplex for sale. 2 large 1,500 sqft units. Unit 1148 (downstairs 3bd/1ba) is month to month and needs rehab. Unit 1150 (upstairs 4bd/1ba) lease ends 12/31/23. Unit 1150 has been renovated Together both units bring in $1695/month. Units have central heating & cooling. New roof 2019. Make another addition to your rental portfolio today. Cash or Conventional loans preferred. (Please do not disturb tenants)

Last Agent to Sell the Property

Jessica Angel

FLORIDA HOMES REALTY & MTG LLC License #3355196 Listed on: 02/16/2023

Last Buyer's Agent

Manny Mendoza

JPAR CITY AND BEACH License #3478246

JPAR CITY AND BEACH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 1918

Lot Details

  • 6,142

Parking

  • On-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 3,033 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Oakland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1225010000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,942

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Year Built: 1918
  • Property Sub Type: Duplex
  • Road Surface Type: Concrete
  • Subdivision Name: Oakland
  • General Property Information Living Area2: 3033.0
  • General Property Information Waterfront YN: No
  • Cooling Central Air: Yes
  • General Property Information Stories Total: 2
  • General Property Information Number Of Units Total2: 2.0
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 7
  • Living Area: 3033.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront: No
  • Pool Features: None

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking Features:On Street: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Heating:Central: Yes

Lot Info

  • Parcel #: 1225010000

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 31, 2023
Sold by
Jax Horizon 7 Llc
Bought by
Mbo Investments Llc
Seller's Agent
Jessica Angel
FLORIDA HOMES REALTY & MTG LLC
Buyer's Agent
Manny Mendoza
JPAR CITY AND BEACH
List Price
$180,770
Sold Price
$157,500
Premium/Discount to List
-$23,270
-12.87%
Current Estimated Value
$330,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,477
Avg. Annual Appreciation
35.92%
Original Mortgage
$188,875
Interest Rate
6.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 24, 2019
Sold by
Frommer Glenn
Bought by
Jax Horizon 7 Llc

Purchase Details

Closed on
Apr 15, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Frommer Glenn

Purchase Details

Closed on
Jan 31, 2008
Sold by
Nissen Sandra
Bought by
Deutsche Bank National Trust Co and New Century Home Equity Loan Trust Serie

Purchase Details

Closed on
Jan 17, 2008
Sold by
Nissen Sandra
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Jan 13, 2006
Sold by
Rush Thomas
Bought by
Nissen Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
9.17%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 15, 2005
Sold by
Whetstone Walter and Whetstone Dorothy
Bought by
Rush Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
9.17%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 4, 2001
Sold by
Wrh Mtg Inc
Bought by
Wrh Rio Properties Inc

Purchase Details

Closed on
Nov 1, 2000
Sold by
Whetstone Dorothy J
Bought by
Whetstone Walter and Whetstone Dorothy
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mbo Investments Llc $157,500 Mti Title
Jax Horizon 7 Llc $50,000 Attorney
Frommer Glenn $19,000 Attorney
Deutsche Bank National Trust Co -- None Available
Deutsche Bank National Trust Co -- Attorney
Nissen Sandra $150,000 Premier Title Group Inc
Rush Thomas $60,500 Premier Title Group Inc
Wrh Rio Properties Inc $3,500 --
Whetstone Walter -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mbo Investments Llc $224,000
Closed Mbo Investments Llc $188,875
Previous Owner Nissen Sandra $135,000
Previous Owner Rush Thomas $95,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $157,500 -- --
04/03/2023 04/03/23 Sold $157,500 -12.9% $52 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/16/2023 02/16/23 For Sale $180,770 -- $60 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $2,942 $143,266 $21,000 $122,266
2024 $2,942 $144,394 $21,000 $123,394
2023 $1,408 $67,282 $17,080 $50,202
2022 $1,225 $55,446 $12,320 $43,126
2021 $1,132 $43,969 $12,320 $31,649
2020 $1,103 $42,064 $12,880 $29,184
2019 $1,362 $61,092 $7,280 $53,812
2018 $1,292 $57,534 $7,280 $50,254
2017 $1,164 $43,983 $4,200 $39,783
2016 $1,278 $49,338 $0 $0
2015 $1,079 $45,909 $0 $0
2014 $1,456 $65,162 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1212969

realMLS (Northeast Florida Multiple Listing Service)

APN: 122501-0000