NOT LISTED FOR SALE

1501 Inverness Rd Fernandina Beach, FL 32034

Estimated Value: $546,000 - $693,000

4 Beds
2 Baths
1,767 Sq Ft
$335/Sq Ft Est. Value

Last Sold August 25, 2021

Last sale price $420,000 $238 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,827/month

49 Days on Market

Highlights

  • Traditional Architecture
  • Breakfast Area or Nook
  • Entrance Foyer
  • Fernandina Beach Middle School Rated A-
  • Patio
  • Tile Flooring

About This Home

As of August 2021

IIsland home just one mile from the beach. This alluring single story 4 bed 2 bath home has been well maintained and presents a newer roof, fresh paint and LVP flooring. Lots of room to roam at .29 OF AN ACRE. You will find it is ideally situated in a small sought after community close to all Amelia Island has to offer. Mere blocks from shopping and dining, only 2 miles to the historic downtown Fernandina Beach and just blocks to the incredible hiking/biking trails of Egans Creek. Discover the life you want in this perfect location. Inside you will find a very open feeling split floor plan with a formal dining room, spacious living room and an eat in breakfast nook. The oversized lot has plenty of room for a pool and back yard BBQ'S. The side yard has an additional concrete parking pad behind the fence with room for a boat or RV. Come discover Amelia Island today!

Last Agent to Sell the Property

Felicia Walker

SUMMER HOUSE REALTY License #3211438 Listed on: 05/30/2021

Last Buyer's Agent

Felicia Walker

SUMMER HOUSE REALTY License #3211438 Listed on: 05/30/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,058

Year Built

  • Built in 1988

Lot Details

  • 0.29

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Additional Parking

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,767 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Schools

  • Southside Elementary School
  • Fernandina Beach Middle School
  • Fernandina Beach High School

Additional Features

  • Patio
  • Back Yard Fenced
  • Central Heating and Cooling System

Community Details

  • Lakewood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 000031143A00050180

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,058

Year Built

Built in 1988

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 1988
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Subdivision Name: Lakewood
  • Architectural Style: Flat, Traditional
  • General Property Information Living Area2: 1767.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Architectural Style Traditional: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Fencing Back Yard: Yes
  • Interior Features Breakfast Nook: Yes
  • Flooring Vinyl: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Eat-in Kitchen, Entrance Foyer, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms
  • Major Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile, Vinyl
  • Living Area: 1767.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Waterfront: No
  • Fencing: Back Yard
  • Roof: Shingle
  • Pool Features: None
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Patio
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Patio: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Additional Parking: Yes

Utilities

  • 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: 120.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 120.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Elementary School: Southside
  • High School: Fernandina Beach
  • Middle Or Junior School: Fernandina Beach

Lot Info

  • Current Use: Residential, Single Family
  • Parcel #: 000031143A00050180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2021
Closed on
Aug 25, 2021
Sold by
Joyce Billy M
Bought by
Wilson Tracy L and Wilson Michael A
Seller's Agent
Felicia Walker
SUMMER HOUSE REALTY
Buyer's Agent
Felicia Walker
SUMMER HOUSE REALTY
List Price
$445,000
Sold Price
$420,000
Premium/Discount to List
-$25,000
-5.62%
Current Estimated Value
$592,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,662
Avg. Annual Appreciation
8.92%
Original Mortgage
$336,000
Outstanding Balance
$265,500
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$325,559

Purchase Details

Closed on
Jul 8, 2003
Sold by
Hotard May C and Feigenbaum Paige
Bought by
Joyce Billy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,800
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Wilson Tracy L $420,000 Attorney
Joyce Billy M $159,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Tracy L $336,000
Previous Owner Joyce Billy M $95,081
Previous Owner Joyce Billy M $126,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $420,000 -- --
08/25/2021 08/25/21 Sold $420,000 -5.6% $238 / Sq Ft
07/18/2021 07/18/21 Pending -- -- --
05/30/2021 05/30/21 For Sale $445,000 -- $252 / 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
2024 $7,058 $463,804 $175,000 $288,804
2023 $7,058 $375,570 $130,000 $245,570
2022 $7,024 $382,120 $130,000 $252,120
2021 $4,878 $256,594 $90,000 $166,594
2020 $4,720 $241,999 $90,000 $151,999
2019 $4,655 $225,915 $85,000 $140,915
2018 $4,345 $214,744 $0 $0
2017 $3,865 $193,927 $0 $0
2016 $3,821 $185,737 $0 $0
2015 $3,462 $168,852 $0 $0
2014 $3,201 $154,987 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Felicia Walker

    Seller's Agent in 2021

    Felicia Walker

    SUMMER HOUSE REALTY

    (904) 556-9090

    166 in this area

    230 Total Sales

    Felicia Walker
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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1111779

realMLS (Northeast Florida Multiple Listing Service)

APN: 00-00-31-143A-0005-0180

Florida Nassau County Fernandina Beach 32034

1501 Inverness Rd, Fernandina Beach, FL

This home is located at 1501 Inverness Rd, Fernandina Beach, FL 32034 since 30 May 2021 and is currently estimated at $592,662, approximately $335 per square foot. This property was built in 1988. 1501 Inverness Rd is a home located in Nassau County with nearby schools including Southside Elementary School, Fernandina Beach Middle School, and Emma Love Hardee Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

realMLS (Northeast Florida Multiple Listing Service) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.

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