NOT LISTED FOR SALE

Estimated Value: $518,000

4 Beds
2 Baths
1,650 Sq Ft
$314/Sq Ft Est. Value

Last Sold August 30, 2018

Last sale price $310,000 $188 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,208/month

13 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Central Heating
  • Ketterlinus Elementary School Rated A
  • Cul-De-Sac
  • 1-Story Property

About This Home

As of August 2018

This sale includes both homes. Loads of opportunity with this income producing property. Live in one and rent the other. Zoned to allow nightly rentals. Relaxing location in an established neighborhood in the north end of downtown historic St. Augustine. Built in 1926, each unit has 2 bedrooms and 1 bath. Each unit has more than 850 sq ft of HVAC space and a large screened front porch and huge rear deck under a centuries old Live Oak. No flooding during Hurricane Matthew or Irma.
Rental history:17.5 is currently rented at $800 month to month lease (10 year tenant). 17 is currently vacant in preparation for this sale ($1,150 past 2 years)
Rental income potential $2,100 - $2,650 per month ($25,200 - $31,800 per year).
Each unit has separate electric and water meters.

Last Agent to Sell the Property

Cheryl Gillespie

RE/MAX UNLIMITED License #3250999 Listed on: 08/07/2018

RE/MAX UNLIMITED

Last Buyer's Agent

NON MLS

NON MLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • Cul-De-Sac
  • Wooded Lot

Parking

  • 3 Car Garage

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,650 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Ketterlinus Elementary School
  • Sebastian Middle School
  • St. Augustine High School

Utilities

  • Central Heating

Community Details

  • No Home Owners Association
  • Hildreth Back Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1507900000

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • New Construction: No
  • Stories: 1
  • Year Built: 1926
  • Property Sub Type: Duplex
  • Road Surface Type: Asphalt
  • Subdivision Name: Hildreth Back Bay
  • General Property Information Living Area2: 1650.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • General Property Information List PriceSqFt2: 211.82
  • Water Source Public: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Security Features Smoke Detector(s): Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1650.0
  • Appliances Dishwasher: Yes

Exterior Features

  • Waterfront: No
  • Roof: Shingle, Other
  • Lot Features: Cul-De-Sac, Wooded
  • Construction Type: Concrete, Frame, Stucco
  • Construction Materials:Frame: Yes
  • Construction Materials:Concrete: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Garage Spaces: 3.0
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Other10: Yes

Utilities

  • Security: Smoke Detector(s)
  • Heating: Central
  • Heating Yn: Yes
  • 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

Schools

  • Elementary School: Ketterlinus
  • High School: St. Augustine
  • Middle Or Junior School: Sebastian

Lot Info

  • Parcel #: 1507900000

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 11, 2018
Sold by
Corder Michael and Corder Kathryn
Bought by
Suissa Diana
Seller's Agent
Cheryl Gillespie
RE/MAX UNLIMITED
Buyer's Agent
NON MLS
NON MLS
List Price
$349,500
Sold Price
$310,000
Premium/Discount to List
-$39,500
-11.3%
Current Estimated Value
$518,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,000
Avg. Annual Appreciation
7.42%

Purchase Details

Listed on
Aug 7, 2018
Closed on
Aug 23, 2018
Sold by
Corder Michael and Corder Kathryn
Bought by
Suissa Diana
Seller's Agent
Cheryl Gillespie
RE/MAX UNLIMITED
Buyer's Agent
NON MLS
NON MLS
List Price
$349,500
Sold Price
$310,000
Premium/Discount to List
-$39,500
-11.3%

Purchase Details

Listed on
Apr 5, 2014
Closed on
Jun 2, 2014
Sold by
Atlantic Estate Llc
Bought by
Corder Michael and Corder Kathryn
Seller's Agent
RYAN FORD
WATSON REALTY CORP
Buyer's Agent
Cheryl Gillespie
RE/MAX UNLIMITED
List Price
$194,700
Sold Price
$186,000
Premium/Discount to List
-$8,700
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%

Purchase Details

Closed on
Jun 6, 2006
Sold by
Larsen Marianne
Bought by
Atlantic Estates Llc

Purchase Details

Closed on
Jan 11, 2001
Sold by
Doering John D and Doering Deborah
Bought by
Larsen Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
7.65%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Suissa Diana -- Estate Title Of St Augustine
Suissa Diana $310,000 Estates Title Of St Augustin
Corder Michael $186,000 Olde Towne Title & Guaranty
Atlantic Estates Llc $91,800 Attorney
Larsen Marianne $118,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Larsen Marianne $94,400
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 $310,000 -- --
12/17/2023 12/17/23 Off Market $186,000 -- --
08/30/2018 08/30/18 Sold $310,000 -11.3% $188 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $349,500 +87.9% $212 / Sq Ft
06/02/2014 06/02/14 Sold $186,000 -4.5% $245 / Sq Ft View Prior Sale
05/29/2014 05/29/14 Pending -- -- --
04/05/2014 04/05/14 For Sale $194,700 -- $256 / 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 $6,027 $324,775 -- --
2024 $6,027 $315,622 -- --
2023 $6,027 $332,646 $172,250 $160,396
2022 $5,714 $340,174 $154,336 $185,838
2021 $4,973 $250,234 $0 $0
2020 $5,155 $257,583 $0 $0
2019 $5,237 $254,494 $0 $0
2017 $3,800 $180,728 $63,600 $117,128
2016 $3,687 $180,728 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 951221

realMLS (Northeast Florida Multiple Listing Service)

APN: 150790-0000