NOT LISTED FOR SALE

Estimated Value: $500,000 - $684,000

2 Beds
2 Baths
1,589 Sq Ft
$388/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $397,000 $250 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,791/month

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-minute walk to Willowbranch Rose Garden Park
  • Detached Garage

About This Home

As of October 2020

Tremendous opportunity to secure a definitive asset in the heart of Riverside on Willowbranch Park. Azalea Terrace Apartments consists of (3) units. Downstairs is 1,547 SF with 2 BR/BA. Open Floor plan with Sunken LR, Parquet Floors, large Kitchen. This unit is currently vacant for the possibility of a move-in Buyer using upstairs units to pay mortgage. Consistently 100% occupied with long term tenants, upstairs are (2) 1 BR/BA units. Apt 1- $745 (approx 785 SF) and Apt 2- $725 (approx 720 SF). Ave rent in Avondale for 1/1 in past 6 mos is $1.32/sf. 3-Car Carport with Storage & community Washer/Dryer. Fenced and shaded patio in backyard. Riverside is a top googled zip for apartment hunters and recognized as one of the country's Top 10 Great Neighborhoods - American Planning Association.

Last Agent to Rent the Property

Beth King

TRADITIONS REALTY LLC License #3154601 Listed on: 08/16/2020

Last Renter's Agent

Beth King

TRADITIONS REALTY LLC License #3154601 Listed on: 08/16/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,454

Year Built

  • Built in 1959

Lot Details

  • 6,708

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,589 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Parking

  • Detached Garage
  • Additional Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Riverside Subdivision

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Month To Month Lease Term
  • Assessor Parcel Number 0779410000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,454

Year Built

Built in 1959

Lot Details

0

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: Month To Month

Listing Details

  • Property Type: Residential Lease
  • Property Attached Yn: Yes
  • Stories: 2
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Subdivision Name: Riverside
  • Entry Level: 1
  • General Property Information Living Area2: 1589.0
  • General Property Information Waterfront YN: No
  • General Property Information List PriceSqFt2: 1.04
  • Cooling Central Air: Yes
  • General Property Information Furnished: Unfurnished
  • Appliances Refrigerators: Yes
  • Security Features Smoke Detector(s): Yes
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • General Property Information Entry Level2: 1.0
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Primary Bathroom - Shower No Tub
  • Major Appliances: Dishwasher, Electric Range, Refrigerator
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1589.0
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Waterfront: No
  • Pool Features: None

Garage/Parking

  • Parking Features:Detached: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Other10: Yes

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee Frequency: One Time
  • Association: No
  • Pets Allowed: Yes

Association/Amenities

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

Lot Info

  • Parcel #: 0779410000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Dec 6, 2019
Sold by
1529 Azalea Terrace Llc
Bought by
Walker Kathleen Ann
Seller's Agent
Simon Garwood
WARREN & COMPANY
Buyer's Agent
Karen Hogan
OFFERPAD BROKERAGE FL LLC
List Price
$475,000
Sold Price
$397,000
Premium/Discount to List
-$78,000
-16.42%
Current Estimated Value
$615,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,950
Avg. Annual Appreciation
7.63%
Original Mortgage
$235,000
Outstanding Balance
$159,496
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$456,454

Purchase Details

Closed on
Aug 24, 2007
Sold by
Mckenzie Peggy L
Bought by
1529 Azalea Terrace Llc

Purchase Details

Closed on
Mar 15, 2002
Sold by
Knight John G and Knight Beth A
Bought by
Mckenzie Peggy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
6.86%

Purchase Details

Closed on
Feb 28, 1997
Sold by
Swartz Virginia J and Medina Veronica
Bought by
Knight John G and Knight Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
7.9%

Purchase Details

Closed on
Jul 10, 1994
Sold by
Chappell Thomas E and Chappell Susan K
Bought by
Swartz Virginia J and Medina Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,900
Interest Rate
7.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Walker Kathleen Ann $397,000 Homeguard Title & Trust Llc
1529 Azalea Terrace Llc $435,000 Integrity Title & Escrow
Mckenzie Peggy L $209,000 Gibraltar Title Services
Knight John G $133,000 --
Swartz Virginia J $110,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Kathleen Ann $235,000
Previous Owner Mckenzie Peggy L $167,200
Previous Owner Knight John G $119,700
Previous Owner Swartz Virginia J $93,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2023 12/17/23 Off Market $397,000 -- --
12/17/2023 12/17/23 Off Market $1,650 -- --
10/24/2020 10/24/20 Rented $1,650 -13.2% --
10/06/2020 10/06/20 Under Contract -- -- --
08/17/2020 08/17/20 For Rent $1,900 0.0% --
12/06/2019 12/06/19 Sold $397,000 -16.4% $130 / Sq Ft View Prior Sale
11/08/2019 11/08/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $475,000 -- $156 / 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 $6,454 $382,771 -- --
2024 $6,291 $371,984 -- --
2023 $6,291 $361,150 $0 $0
2022 $5,801 $350,632 $0 $0
2021 $5,771 $340,420 $0 $0
2020 $5,722 $335,720 $138,840 $196,880
2019 $5,566 $302,148 $115,700 $186,448
2018 $5,325 $302,148 $115,700 $186,448
2017 $5,343 $335,720 $115,700 $220,020
2016 $4,792 $273,700 $0 $0
2015 $4,277 $244,720 $0 $0
2014 $3,663 $181,144 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1068573

realMLS (Northeast Florida Multiple Listing Service)

APN: 077941-0000