NOT LISTED FOR SALE

1504 Palm Ave Unit 1504/1506 Jacksonville, FL 32207

Southbank Neighborhood

Estimated Value: $304,226 - $394,000

2 Beds
2 Baths
1,292 Sq Ft
131 Sq Ft Lot

Last Sold January 13, 2021

Last sale price $212,500 $164 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,171/month

149 Days on Market

Highlights

  • Boat Dock
  • Home fronts navigable water
  • No HOA
  • Hendricks Avenue Elementary School Rated A-
  • The property is located in a historic district
  • 2-minute walk to Greenscape Celebration Park

About This Home

As of January 2021

Rare First Floor Riverfront Condo, Two units combined with River Views! The Alexandria is like having a San Marco Bungalow in Condo style. Charming historic community with views of Riverside and Downtown, Enjoy your community pier and pool, Walkable to Baptist Downtown, Wolfson's, Great Restaurants, San Marco Square and more. You have a private entry, Large Kitchen, w/space for an island, Spacious Living area with Dining space and two porches with River Views. There are two full Bedrooms, Spacious Owner's Suite and Ensuite Bath, Secondary Bedroom and Hall Bath, Condo Fees include amenities, Water and Sewer and all grounds maintenance. All Appliances included, Two designated parking spaces, A/C 2017, 2 New Water Heaters, New Luxury Plank Vinyl Flooring and New Carpet, Move in Ready!

Last Agent to Sell the Property

Tom Moore

WATSON REALTY CORP License #3240931 Listed on: 07/31/2020

WATSON REALTY CORP

Last Buyer's Agent

Mark Derubeis

LMH REALTY LLC License #3177754

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,692

Year Built

  • Built in 1941

Lot Details

  • Home fronts navigable water
  • River Front

Home Design

  • Entry on the 1st floor
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,292 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Additional Parking

Location

  • The property is located in a historic district

Schools

  • Hendricks Avenue Elementary School
  • Terry Parker High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0806201068

Community Details

Overview

  • No Home Owners Association
  • Association fees include insurance, ground maintenance, pest control, sewer, trash, water
  • Alexandria Subdivision

Recreation

  • Boat Dock
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,692

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Attached Yn: Yes
  • New Construction: No
  • Stories: 1
  • Year Built: 1941
  • Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Subdivision Name: Alexandria
  • Architectural Style: Flat, Other
  • Entry Level: 1
  • General Property Information Living Area2: 1292.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Microwave: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Lot Features Historic Area: Yes
  • Waterfront Features Waterfront Community: Yes
  • Flooring Vinyl: Yes
  • General Property Information Stories Total: 3
  • General Property Information Entry Level2: 1.0
  • Special Features: None

Interior Features

  • Interior Amenities: Eat-in Kitchen, Entrance Foyer, Primary Bathroom - Shower No Tub
  • Major Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile, Vinyl
  • Living Area: 1292.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Entrance Foyer: Yes
  • Pool Features:Community: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Waterfront: Yes
  • Roof: Shingle
  • Lot Features: Historic Area, Other
  • Pool Features: Community
  • Waterfront Features: Navigable Water, River Front, Waterfront Community
  • Construction Type: Frame
  • Construction Materials:Frame: Yes
  • Waterfront Features:Navigable Water: Yes
  • Waterfront Features:River Front: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Guest
  • Parking Features:Guest: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Other10: Yes

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee Frequency: One Time
  • Amenities: Boat Dock, Management - Full Time, Management - Off Site, Trash
  • Association #2 Fee: 497.0
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: One Time
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Trash: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • General Property Information:Association Fee 2: 497.0

Fee Information

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

Schools

  • Elementary School: Hendricks Avenue
  • High School: Terry Parker

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 0806201068
  • Zoning Description: Condominium

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Jan 13, 2021
Sold by
Whalen Doris A
Bought by
Murphy Nancy A
Seller's Agent
Tom Moore
WATSON REALTY CORP
Buyer's Agent
Mark Derubeis
LMH REALTY LLC
List Price
$234,900
Sold Price
$212,500
Premium/Discount to List
-$22,400
-9.54%
Current Estimated Value
$334,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,557
Avg. Annual Appreciation
9.18%
Original Mortgage
$127,500
Outstanding Balance
$117,088
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$203,125

Purchase Details

Closed on
Apr 11, 2014
Sold by
Thigpen Jack B and Thigpen Brenda M
Bought by
Whalen Doris A

Purchase Details

Closed on
Aug 1, 2003
Sold by
Ross Mark and Hartman Michael C
Bought by
Thigpen Jack B and Thigpen Brenda M
Source: Public Records

Range of Values:

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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
Murphy Nancy A $212,500 Osborne & Sheffield Ttl Svcs
Whalen Doris A $140,000 Gibraltar Title Services
Thigpen Jack B $182,500 --
Ross Mark W $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murphy Nancy A $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2021 01/13/21 Sold $212,500 -9.5% $164 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $234,900 -- $182 / 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 $4,692 $261,000 -- $261,000
2024 $4,478 $261,000 -- $261,000
2023 $4,478 $261,000 $0 $261,000
2022 $3,751 $218,500 $0 $218,500
2021 $1,991 $154,262 $0 $0
2020 $1,967 $152,133 $0 $0
2019 $1,938 $148,713 $0 $0
2018 $1,907 $145,941 $0 $0
2017 $1,877 $142,940 $0 $0
2016 $1,861 $140,000 $0 $0
2015 $1,917 $141,000 $0 $0
2014 $2,722 $141,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1065856

realMLS (Northeast Florida Multiple Listing Service)

APN: 080620-1068