NOT LISTED FOR SALE

Estimated Value: $315,000 - $421,000

6 Beds
4 Baths
3,421 Sq Ft
$104/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $222,000 $65 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,373/month

13 Days on Market

Highlights

  • No HOA
  • Central Heating
  • 1-minute walk to Barney Browning Park

About This Home

As of May 2020

This is an incredible investment opportunity. This is a well maintained and updated 4-plex building on nearly half an acre. Unit #4 is currently vacant allowing for an owner-occupant purchaser to buy and move-in while also having immediate rental income from the other 3 units! Units 2, 3 and 4 are each one bedroom and one bathroom. Unit #1 is 3 bedrooms and 1 bathroom plus covered Patio. Current incoming rents are: Unit 1 $693, Unit 2 $625 and Unit 3 $555. Unit 4 is currently on the rental market at $690 per month. This building has shown an excellent low turnover rate. Refrigerators and range ovens in each unit belong to landlord and will convey to new owner along with $1,622 of security deposits currently held.

Last Agent to Sell the Property

ALISHA POLITE

WATSON REALTY CORP License #3336749 Listed on: 04/15/2020

Co-Listed By

Marcia Vanboskerck

WATSON REALTY CORP License #3158020

Last Buyer's Agent

BRET MELTON

ROUND TABLE REALTY License #3340349

ROUND TABLE REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 0.46

Home Design

  • 3,421 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • No Home Owners Association
  • Lem Turner Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0265990000

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0.46 Acres

Listing Details

  • Property Type: Residential Income
  • New Construction: No
  • Year Built: 1972
  • Property Sub Type: Quadruplex
  • Subdivision Name: Lem Turner Park
  • General Property Information Living Area2: 3421.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • General Property Information List PriceSqFt2: 52.62
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Living Area: 3421.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront: No

Garage/Parking

  • Parking Features:Other10: Yes

Utilities

  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee Frequency: One Time
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: One Time

Lot Info

  • Parcel #: 0265990000

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
May 28, 2020
Sold by
Watson Realty Corp
Bought by
Cole Troy Lamar
Seller's Agent
ALISHA POLITE
WATSON REALTY CORP
Buyer's Agent
BRET MELTON
ROUND TABLE REALTY
List Price
$180,000
Sold Price
$222,000
Premium/Discount to List
$42,000
23.33%
Current Estimated Value
$354,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,776
Avg. Annual Appreciation
8.54%
Original Mortgage
$217,979
Outstanding Balance
$191,886
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$162,890

Purchase Details

Closed on
Aug 24, 2010
Sold by
Carter Faircloth Sherry G and Carter Elliott Scott
Bought by
Watson Realty Corp

Purchase Details

Closed on
Aug 21, 2006
Sold by
White Lawless W and White Linda G
Bought by
Carter Faircloth Sherry G and Carter Elliott Scott

Purchase Details

Closed on
Apr 15, 2004
Sold by
Davis Vincent M and Davis Patricia A
Bought by
Mitchell James I

Purchase Details

Closed on
Nov 22, 1999
Sold by
Albertson Dover J
Bought by
White Lawless W and White Linda G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
7.94%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cole Troy Lamar $222,000 Watson Ttl Svcs Of North Fl
Watson Realty Corp $167,321 Keith Watson Title Svcs Inc
Carter Faircloth Sherry G $149,000 Watson & Osborne Title Servi
Mitchell James I $8,200 --
White Lawless W $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cole Troy Lamar $217,979
Previous Owner White Lawless W $122,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $222,000 -- --
05/29/2020 05/29/20 Sold $222,000 +23.3% $65 / Sq Ft
04/28/2020 04/28/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $180,000 -- $53 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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
2026 $6,552 $294,815 $40,900 $253,915
2025 $5,434 $268,666 $35,232 $233,434
2024 $5,270 $271,462 $34,200 $237,262
2023 $5,270 $284,334 $34,200 $250,134
2022 $4,523 $241,485 $34,200 $207,285
2021 $4,134 $194,792 $28,500 $166,292
2020 $3,476 $194,792 $19,950 $174,842
2019 $3,005 $133,819 $19,950 $113,869
2018 $2,789 $117,315 $10,830 $106,485
2017 $2,599 $102,784 $10,830 $91,954
2016 $2,776 $110,514 $0 $0
2015 $2,693 $104,160 $0 $0
2014 $2,751 $106,072 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1048742

realMLS (Northeast Florida Multiple Listing Service)

APN: 026599-0000

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