NOT LISTED FOR SALE

Estimated Value: $729,000 - $1,030,000

8 Beds
7 Baths
4,946 Sq Ft
$165/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $460,000 $93 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,152/month

15 Days on Market

About This Home

As of June 2019

12%+ YIELD! VALUE ADD OPPORTUNITY! Historic AVONDALE 5000 SF, 4 unit building. Massive multi-family w/ 2 X 3'2s each w/office/sunroom, and two studio apts. 3 blocks off of St Johns Ave and the River, this one is nestled among the other big Victorian mansions! Seller will sell at $495,000 As-Is or will escrow 75K for balance of exterior renovations to be completed with a $569,000 purchase price. At 4/24/19 meeting w/ Historical Preservation, final exterior rehab was approved ... See Renovation Bids attached in DOCUMENTS, for scope of work that must be started within 12 months and completed within the next 5 years, per COJ and the historical preservation society....THIS IS A UNIQUE OPPORTUNITY!!! WOW!!!!

Last Agent to Sell the Property

Joe Caparros

AMERICAN REAL ESTATE SOLUTIONS LLC License #3009141 Listed on: 04/30/2019

Last Buyer's Agent

Joe Caparros

AMERICAN REAL ESTATE SOLUTIONS LLC License #3009141 Listed on: 04/30/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,219

Year Built

  • Built in 1942

Lot Details

  • 8,233

Parking

  • 2 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 4,946 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • No Home Owners Association
  • Avondale Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0782040000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,219

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • New Construction: No
  • Stories: 2
  • Year Built: 1942
  • Property Sub Type: Quadruplex
  • Road Surface Type: Asphalt
  • Subdivision Name: Avondale
  • General Property Information Living Area2: 4946.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • General Property Information List PriceSqFt2: 100.08
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 7
  • Total Bedrooms: 8
  • Living Area: 4946.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront: No
  • Other Structures: Other

Garage/Parking

  • Garage Spaces: 2.0
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Other10: Yes

Utilities

  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee Frequency: One Time
  • Association: No

Association/Amenities

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

Lot Info

  • Parcel #: 0782040000

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2019
Closed on
Jun 28, 2019
Sold by
Jva Il Llc
Bought by
Lin Ted
Seller's Agent
Joe Caparros
AMERICAN REAL ESTATE SOLUTIONS LLC
Buyer's Agent
Joe Caparros
AMERICAN REAL ESTATE SOLUTIONS LLC
List Price
$569,900
Sold Price
$460,000
Premium/Discount to List
-$109,900
-19.28%
Current Estimated Value
$814,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,333
Avg. Annual Appreciation
9.32%

Purchase Details

Listed on
Nov 7, 2017
Closed on
Jan 4, 2018
Sold by
Forsythe Stephen P and Forsythe Margaret S
Bought by
Jva Il Llc
Seller's Agent
Chad Freeman
IHEART REALTY INC
Buyer's Agent
Joe Caparros
AMERICAN REAL ESTATE SOLUTIONS LLC
List Price
$449,000
Sold Price
$400,000
Premium/Discount to List
-$49,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Aug 22, 2003
Sold by
Cox Edward H and Cox Betty Sue
Bought by
Forsythe Stephen P and Forsythe Margaret S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
5.25%
Mortgage Type
Unknown
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
Lin Ted $460,000 Landmark Title
Jva Il Llc $400,000 Landmark Title
Forsythe Stephen P $318,300 Security Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forsythe Stephen P $286,400
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 $460,000 -- --
12/17/2023 12/17/23 Off Market $400,000 -- --
06/28/2019 06/28/19 Sold $460,000 -19.3% $93 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $569,900 +42.5% $115 / Sq Ft
01/04/2018 01/04/18 Sold $400,000 -10.9% $80 / Sq Ft View Prior Sale
12/22/2017 12/22/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $449,000 -- $90 / 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 $10,219 $599,243 $182,625 $416,618
2024 $9,386 $603,629 $181,390 $422,239
2023 $9,386 $554,553 $181,390 $373,163
2022 $7,880 $474,866 $164,900 $309,966
2021 $7,234 $407,847 $131,920 $275,927
2020 $6,924 $387,781 $131,920 $255,861
2019 $6,808 $375,721 $131,920 $243,801
2018 $6,352 $345,925 $131,920 $214,005
2017 $7,339 $462,451 $98,940 $363,511
2016 $6,848 $424,320 $0 $0
2015 $6,485 $403,104 $0 $0
2014 $5,369 $282,849 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 987692

realMLS (Northeast Florida Multiple Listing Service)

APN: 078204-0000