NOT LISTED FOR SALE

Estimated Value: $279,000 - $390,000

3 Beds
2 Baths
1,165 Sq Ft
$276/Sq Ft Est. Value

Last Sold December 13, 2012

Last sale price $6,400,000 $5,494 Per Sq Ft

Current estimated payment $2,204/month

458 Days on Market

Highlights

  • Home fronts a lagoon or estuary
  • River Front
  • Cooling Available
  • Emma Love Hardee Elementary School Rated A-
  • Community Pool
  • Property is near a preserve or public land

About This Home

As of December 2012

Nestled among majestic oaks with over 1000' of marsh frontage this multi-family development offers excellent rental history and a unique investment opportunity. 166 Units Total=110 Marsh Cove Condominium units PLUS 56 Somerset Apartment Units. Marsh Cove =45 @2BR/1BA units & 42 @2BR/1.5BA & 23 @3BR/2BA. Somerset= 13 @ 1BR/1BA & 43 @ 2BR/2BA. on 20.96 Marsh Front Acres.

Last Agent to Sell the Property

Taylor Edwards

THE EDWARDS COMPANY License #0206536 Listed on: 08/12/2011

Last Buyer's Agent

Bruce Jasinsky

COLDWELL BANKER THE AMELIA GROUP License #3580535

COLDWELL BANKER THE AMELIA GROUP

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,145

Year Built

  • Built in 1975

Lot Details

  • Home fronts a lagoon or estuary
  • Property fronts a marsh
  • River Front
  • Sprinkler System

HOA Fees

  • $339 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,165 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vinyl Clad Windows
  • Drapes & Rods
  • Blinds

Kitchen

  • Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Heat Pump System
  • Community Sewer or Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-00-30-0385-0001-0000

Community Details

Overview

  • Marsh Cove Condo Subdivision
  • Property is near a preserve or public land

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,145

Year Built

Built in 1975

Lot Details

0

HOA Fees

$339 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Lagoon/Estuary, Preservation, River
  • Subdivision Name: Marsh Cove Condo
  • Directions: Come to island. Take first right at Amelia Parkway. Go approx. 1/3 mile to right on Hirth Rd.
  • Architectural Style: One Story, Two Story
  • Unit Levels: One, Two
  • Building Stories: 1
  • Structure Type: Townhouse
  • Year Built: 1975
  • Property Sub Type Additional: Condominium,Townhouse
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Refrigerator, Stove
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s), Cable TV
  • Living Area: 1165.0
  • Window Features: Aluminum Frames, Blinds, Drapes

Exterior Features

  • Pool Features: Community
  • Waterfront Features: Marsh
  • Construction Type: Frame
  • Exterior Features: Sprinkler/Irrigation
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Utilities: Cable Available
  • Water Source: Community/Coop

Condo/Co-op/Association

  • Community Features: Other, See Remarks, Pool
  • Association #2 Fee: 339.0
  • Association #2 Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Other, See Remarks

Lot Info

  • Parcel #: 00-00-30-0385-0001-0000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2006
Sold by
Tca Llc
Bought by
Mc 101 Llc
Current Estimated Value
$322,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000,000
Interest Rate
6.28%
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
Mc 101 Llc $109,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mc 101 Llc $12,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2012 12/13/12 Sold $6,400,000 -20.0% $5,494 / Sq Ft
11/13/2012 11/13/12 Pending -- -- --
08/12/2011 08/12/11 For Sale $8,000,000 -- $6,867 / 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 $2,145 $237,440 -- $237,440
2023 $2,145 $212,000 $0 $212,000
2022 $1,503 $144,460 $0 $144,460
2021 $1,405 $125,800 $0 $125,800
2020 $1,358 $124,700 $0 $124,700
2019 $1,289 $118,800 $0 $118,800
2018 $1,260 $118,800 $0 $0
2017 $901 $76,500 $0 $0
2016 $640 $41,000 $0 $0
2015 $648 $40,700 $0 $0
2014 $590 $37,000 $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: 55765

APN: 00-00-30-0385-0001-0000