NOT LISTED FOR SALE

1331 1st St N Unit 601 Jacksonville Beach, FL 32250

Estimated Value: $1,738,000 - $2,038,000

4 Beds
3.5 Baths
2,671 Sq Ft
784 Sq Ft Lot

Last Sold January 26, 2018

Last sale price $1,050,000 $393 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $11,863/month

340 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Breakfast Bar
  • Duncan U. Fletcher High School Rated A-
  • No HOA
  • Secured Garage or Parking

About This Home

As of January 2018

BEST PRICED 4 BEDROOM OCEANFRONT CONDO IN JAX BCH!!! THIS NORTHERN END UNIT CONDOMINIUM HOME IS SPECTACULAR, AND BOASTS 2,671 SQ FT FEATURING 4 BR & 3.5 BATHS. COASTAL ENTERTAINING WILL BECOME A LIFESTYLE WITH THE EXPANSIVE OCEANFRONT TERRACE OFFERING STUNNING OCEAN VIEWS & EXHILARATING OCEAN BREEZES. THE SUN-FILLED KITCHEN FLOWS TO THE OPEN DINING & LIVING COMBO. WALK OR BIKE RIDE TO FINE DINING, ENTERTAINMENT VENUES & FABULOUS SHOPPING. HURRICANE SHUTTERS ON ALL WINDOWS & SLIDERS. THE LANDMARK CONDOMINIUMS SPECIAL ASSESSMENT PROJECT INCLUDES UPGRADES & IMPROVEMENTS WORTH $1.45 MILLION. THE PROJECT IS COMPLETED & SPECIAL ASSESSMENT HAS BEEN PAID IN FULL.

Last Agent to Sell the Property

PAMELA TIBBS-DAYLOR

RE/MAX COASTAL REAL ESTATE License #635595 Listed on: 01/26/2017

Last Buyer's Agent

Michael Dryden

MICHAEL DRYDEN, BROKER License #3217522

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,644

Year Built

  • Built in 2002

Lot Details

  • Ocean Front
  • Home fronts navigable water

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Additional Parking
  • Assigned Parking
  • Secure Parking

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,671 Sq Ft Home
  • 1-Story Property
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Bathtub With Separate Shower Stall

Home Security

Accessible Home Design

  • Accessibility Features

Schools

  • San Pablo Elementary School
  • Duncan Fletcher Middle School
  • Duncan Fletcher High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1754461905

Community Details

Overview

  • No Home Owners Association
  • Association fees include insurance, ground maintenance, sewer, trash, water
  • The Landmark Subdivision

Recreation

  • Community Beach Access

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,644

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Attached Yn: Yes
  • New Construction: No
  • Stories: 1
  • Year Built: 2002
  • Property Sub Type: Condominium
  • Subdivision Name: The Landmark
  • Architectural Style: Flat
  • General Property Information Living Area2: 2671.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Accessibility Features YN2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features Smoke Detector(s): Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Roof:Tile2: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Elevator, Kitchen Island, Pantry, Primary Bathroom -Tub with Separate Shower, Split Bedrooms
  • Major Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2671.0
  • ResoLivingAreaSource: Plans
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Waterfront: Yes
  • Roof: Tile
  • Construction Type: Block, Concrete
  • Construction Materials:Concrete: Yes
  • Waterfront Features:Navigable Water: Yes
  • Waterfront Features:Ocean Front: Yes
  • Construction Materials:Block: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Assigned, Secured, Underground
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Assigned: Yes
  • Parking Features:Secured: Yes
  • Parking Features:Underground2: Yes
  • Parking Features:Additional Parking: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Security: Secured Lobby, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee Frequency: One Time
  • Amenities: Beach Access, Management - Full Time, Trash
  • Association #2 Fee: 1059.0
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: One Time
  • Association Amenities:Trash: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • General Property Information:Association Fee 2: 1059.0
  • Association Amenities:Beach Access: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Sewer, Trash, Water

Schools

  • Elementary School: San Pablo
  • High School: Duncan Fletcher
  • Middle Or Junior School: Duncan Fletcher

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 1754461905
  • Zoning Description: Condominium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2017
Closed on
Jan 26, 2018
Sold by
Rao Valerie and Rao Valerie
Bought by
Main James L and Main Susan D
Seller's Agent
PAMELA TIBBS-DAYLOR
RE/MAX COASTAL REAL ESTATE
Buyer's Agent
Michael Dryden
MICHAEL DRYDEN, BROKER
List Price
$1,150,000
Sold Price
$1,050,000
Premium/Discount to List
-$100,000
-8.7%
Current Estimated Value
$1,892,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,028
Avg. Annual Appreciation
7.87%

Purchase Details

Closed on
Oct 21, 2016
Sold by
Rao Valerie
Bought by
The Valerie Rao Revocable Living Trust

Purchase Details

Closed on
Oct 1, 2016
Bought by
Valerie Rao Revocable Living T

Purchase Details

Listed on
Apr 1, 2013
Closed on
Jul 10, 2013
Sold by
1331 1St Street North Llc
Bought by
Rao Valerie J
Seller's Agent
KRISTA FRACKE
KRISTA FRACKE JACKSONVILLE REAL ESTATE CO.
Buyer's Agent
A J AGARWAL
ANUJ AGARWAL, BROKER
List Price
$875,000
Sold Price
$875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%

Purchase Details

Closed on
Nov 30, 2011
Sold by
Guillaume Laura
Bought by
1331 1St Street North Llc

Purchase Details

Closed on
Dec 31, 2008
Sold by
Mecredy Robert F and Mecredy Brenda L
Bought by
Guillaume Laura and Guillaume Steven

Purchase Details

Closed on
Aug 27, 2004
Sold by
Pettiss Walter R and Pettiss Shirley H
Bought by
Mecredy Robert F and Mecredy Brenda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2002
Sold by
One Thirty One Developers Llc
Bought by
Pettiss Walter R and Pettiss Shirley H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.37%
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
Main James L $1,050,000 Ponte Vedra Title Llc
The Valerie Rao Revocable Living Trust -- Attorney
Valerie Rao Revocable Living T $100 --
Rao Valerie J $875,000 Ponte Vedra Title Llc
1331 1St Street North Llc -- Attorney
Guillaume Laura -- Attorney
Guillaume Laura $800,000 Gibraltar Title Services
Mecredy Robert F $1,050,000 Ponte Vedra Title Llc
Pettiss Walter R $695,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mecredy Robert F $1,000,000
Previous Owner Mecredy Robert F $840,000
Previous Owner Pettiss Walter R $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $1,050,000 -- --
12/17/2023 12/17/23 Off Market $875,000 -- --
01/26/2018 01/26/18 Sold $1,050,000 -8.7% $393 / Sq Ft
01/01/2018 01/01/18 Pending -- -- --
01/26/2017 01/26/17 For Sale $1,150,000 +31.4% $431 / Sq Ft
07/10/2013 07/10/13 Sold $875,000 0.0% $328 / Sq Ft
06/06/2013 06/06/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $875,000 -- $328 / 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 $18,644 $1,075,819 -- --
2024 $16,831 $1,045,500 -- --
2023 $16,831 $943,350 $0 $0
2022 $15,493 $915,874 $0 $0
2021 $15,423 $889,199 $0 $0
2020 $15,290 $876,923 $0 $0
2019 $15,143 $857,208 $0 $0
2018 $13,982 $788,226 $0 $0
2017 $13,834 $772,014 $0 $0
2016 $13,635 $756,136 $0 $0
2015 $13,843 $750,880 $0 $0
2014 $14,061 $750,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 864362

realMLS (Northeast Florida Multiple Listing Service)

APN: 175446-1905