NOT LISTED FOR SALE

1525 N Fletcher Ave Fernandina Beach, FL 32034

Estimated Value: $2,331,446 - $3,001,000

3 Beds
4 Baths
3,500 Sq Ft
$771/Sq Ft Est. Value

Last Sold February 18, 2021

Last sale price $1,780,000 $509 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $16,482/month

Highlights

  • Marina
  • Ocean Front
  • Deck
  • Emma Love Hardee Elementary School Rated A-
  • Heated In Ground Pool
  • Jetted Tub in Primary Bathroom

About This Home

As of February 2021

STOP! You must watch the video. Don't miss this rare opportunity to purchase builder's personal home. Nestled on the North end of Amelia Island with sweeping ocean views. Wake up each morning to magnificent sunrises and drift off to sleep each night to the sound of waves crashing on the beach. Property includes oceanfront lot across the street. This home is built to last with quality construction throughout including 316 stainless steel fasteners to construct residence, Andersen coastal windows and doors, Canadian cedar shakes, Azek exterior trim. Home also boasts an elevator, 35 KW generator, Finlandia hot rock sauna, heated/cooled salt water pool, fully operational cabana with travertine pavers, 3rd floor owner's suite has adjoining sitting room and mini kitchen with spectacular ocean views. Make living the dream your reality!

Last Agent to Sell the Property

Sandy Kostich

WATSON REALTY CORP. License #3359997 Listed on: 09/25/2020

Last Buyer's Agent

Sandy Kostich

WATSON REALTY CORP. License #3359997 Listed on: 09/25/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,070

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 50x150x50x200
  • Ocean Front
  • Fenced
  • Sprinkler System

Parking

  • 3 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 3,500 Sq Ft Home
  • Elevator
  • Central Vacuum
  • Ceiling Fan
  • Blinds
  • Storage

Kitchen

  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Jetted Tub in Primary Bathroom

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 00-00-31-1400-0007-0022 & 00-00-31-1560-0008-0012

Community Details

Overview

  • No Home Owners Association
  • Built by Ted Kostich
  • Interlachen By The Sea Subdivision

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,070

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size: 50x150x50x200
  • Road Surface Type: Paved
  • Subdivision Name: Interlachen-By-The-Sea
  • Directions: From Shave Bridge take A1A to Atlantic Ave turn right, go to Tarpon Ave turn left, go to W 3rd St turn right, go to N Fletcher Ave turn left. House on the left.
  • Garage Yn: Yes
  • Year Built: 2008
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Some Gas Appliances, Dishwasher, Disposal, Microwave, Refrigerator, Water Softener Owned, Stove, Ice Maker
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Fan(s), Elevator, Handicap Access, Jetted Tub, Split Bedrooms, Storage, Central Vacuum
  • Living Area: 3500.0
  • Window Features: Other, See Remarks, Blinds
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Features: Heated, In Ground, Other, Private, See Remarks
  • Pool Private: Yes
  • Disclosures: Principal is Real Estate Licensed
  • Builder Name: Ted Kostich
  • Construction Type: Frame, Other, See Remarks
  • Exterior Features: Fence, Handicap Accessible, Sprinkler/Irrigation
  • Patio And Porch Features: Balcony, Rear Porch, Brick, Covered, Deck, Front Porch, Open, Patio, Screened
  • Property Condition: Resale
  • Roof: Metal, Shingle

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Three Car Garage, Three or more Spaces, Garage Door Opener

Utilities

  • Cooling: Heat Pump, Zoned
  • Cooling Y N: Yes
  • Heating: Heat Pump, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Marina
  • Association: No

Lot Info

  • Parcel #: 00-00-31-1400-0007-0022 & 00-00-31-1560-0008-0012
  • Zoning: R-1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2020
Closed on
Feb 18, 2021
Sold by
Kostich Theodore K and Kostich Sandra A
Bought by
Smith James R and Smith Elizabeth E
Seller's Agent
Sandy Kostich
WATSON REALTY CORP.
Buyer's Agent
Sandy Kostich
WATSON REALTY CORP.
List Price
$2,250,000
Sold Price
$1,780,000
Premium/Discount to List
-$470,000
-20.89%
Current Estimated Value
$2,698,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$918,862
Avg. Annual Appreciation
9.43%

Purchase Details

Closed on
Feb 1, 2017
Sold by
Kostich Theodore K and Kostich Sandra A
Bought by
Kostich Theodore K and Kostich Sandra A

Purchase Details

Closed on
Nov 23, 2004
Sold by
Kostich Theodore K and Kostich Sandra A
Bought by
The Trustees Of The Theodore K Kostich &

Purchase Details

Closed on
Jun 24, 2002
Sold by
Smith Larry R and Trimmer Ruth E
Bought by
Kostich Theodore K and Kostich Sandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.86%

Purchase Details

Closed on
Jan 17, 2002
Sold by
Smith Larry R and Morris Trimmer J
Bought by
Smith Larry R and Trimmer Ruth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith James R $1,780,000 Attorney
Kostich Theodore K -- Attorney
The Trustees Of The Theodore K Kostich & -- --
Kostich Theodore K $320,000 First American Title Ins Co
Smith Larry R $35,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kostich Theodore K $256,000
Previous Owner Smith Larry R $113,000
Closed Kostich Theodore K $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2021 02/18/21 Sold $1,780,000 -20.9% $509 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
09/25/2020 09/25/20 For Sale $2,250,000 -- $643 / 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 $26,070 $1,471,553 -- --
2023 $26,070 $1,428,692 $0 $0
2022 $24,714 $1,387,080 $350,000 $1,037,080
2021 $13,706 $763,183 $0 $0
2020 $13,865 $753,195 $0 $0
2019 $14,309 $737,012 $0 $0
2018 $13,816 $721,990 $0 $0
2017 $13,206 $704,342 $0 $0
2016 $11,877 $628,231 $0 $0
2015 $12,085 $630,609 $0 $0
2014 $12,709 $656,621 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Amelia Island - Nassau County Association of REALTORS®

MLS Number: 91469

APN: 00-00-31-1400-0007-0022