NOT LISTED FOR SALE

Estimated Value: $453,000 - $524,469

4 Beds
2 Baths
1,609 Sq Ft
$311/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $267,000 $166 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,220/month

52 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • 3-minute walk to Fishweir Park
  • Central Heating and Cooling System

About This Home

As of November 2018

Great Investment Opportunity! Income Producing brick duplex in the heart of Avondale. Both units have been 100% occupied since 2000 when current owners purchased the property. Really convenient location within easy walking distance to the Shoppes of Avondale, Harps, Roosevelt Square Shopping. Fantastic Location! Property includes a two car garage which could be utilized to generate additional income. Interior could be updated with some minor cosmetic renovations that would increase gross rental income and ROI. Please see documents section for current income and pro forma.

Last Agent to Sell the Property

BRIAN GABREE

RED CLOVER REALTY Listed on: 08/31/2018

Last Buyer's Agent

MELISSA MARLAR

ONE REALTY CORP License #3271506

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 7,884

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,609 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Fishweir Elementary School
  • Lake Shore Middle School
  • Riverside High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0926120000

Community Details

Overview

  • 2 Units
  • Fishweir Park Subdivision

Building Details

  • Operating Expense $1,500
  • Gross Income $20,520
  • Net Operating Income $1,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

7,884 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Stories: 1
  • Year Built: 1949
  • Property Sub Type: Duplex
  • Road Surface Type: Asphalt
  • Subdivision Name: Fishweir Park
  • General Property Information Living Area2: 1609.0
  • General Property Information Waterfront YN: No
  • General Property Information List PriceSqFt2: 167.18
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Refrigerators: Yes
  • General Property Information Stories Total: 1
  • General Property Information Number Of Units Total2: 2.0
  • Gross Scheduled Income: 27000.0
  • Income And Expenses Operating Expense: 1500.0
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Owner Pays: Insurance, Other Tax
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1609.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Waterfront: No
  • Roof: Shingle
  • Pool Features: None

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Schools

  • Elementary School: Fishweir
  • High School: Riverside
  • Middle Or Junior School: Lake Shore

Lot Info

  • Parcel #: 0926120000

Multi Family

  • Annual Gross Income: 20520.0
  • Annual Operating Expense: 1500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2018
Closed on
Nov 6, 2018
Sold by
Braxton Samuel C and Moore John R
Bought by
Marlar Luke and Marlar Jenna
Seller's Agent
BRIAN GABREE
RED CLOVER REALTY
Buyer's Agent
MELISSA MARLAR
ONE REALTY CORP
List Price
$269,000
Sold Price
$267,000
Premium/Discount to List
-$2,000
-0.74%
Current Estimated Value
$499,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,617
Avg. Annual Appreciation
8.89%
Original Mortgage
$253,650
Outstanding Balance
$221,242
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$278,375

Purchase Details

Closed on
Oct 13, 2000
Sold by
Parmerter Timothy C
Bought by
Braxton Samuel C and Moore John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
7.94%
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
Marlar Luke $267,000 None Available
Braxton Samuel C $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marlar Luke $253,650
Previous Owner Braxton Samuel C $51,000
Closed Braxton Samuel C $14,561
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $267,000 -- --
12/17/2023 12/17/23 Off Market $895 -- --
12/17/2023 12/17/23 Off Market $895 -- --
12/17/2023 12/17/23 Off Market $795 -- --
11/08/2018 11/08/18 Sold $267,000 -0.7% $166 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $269,000 0.0% $167 / Sq Ft
08/01/2016 08/01/16 Rented $895 -5.8% --
07/23/2016 07/23/16 Under Contract -- -- --
07/22/2016 07/22/16 For Rent $950 +6.1% --
06/01/2015 06/01/15 Rented $895 -3.2% --
05/14/2015 05/14/15 Under Contract -- -- --
04/30/2015 04/30/15 For Rent $925 +16.4% --
03/11/2014 03/11/14 Rented $795 -3.6% --
02/27/2014 02/27/14 Under Contract -- -- --
01/16/2014 01/16/14 For Rent $825 -- --
Source: realMLS (Northeast Florida Multiple Listing Service)

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
2026 $7,437 $359,268 -- --
2025 $6,596 $326,608 -- --
2024 $6,323 $422,400 $143,550 $278,850
2023 $6,323 $422,400 $126,324 $296,076
2022 $5,351 $368,640 $126,324 $242,316
2021 $4,121 $219,628 $126,324 $93,304
2020 $3,762 $193,080 $103,356 $89,724
2019 $3,999 $203,538 $137,808 $65,730
2018 $3,734 $203,538 $103,356 $100,182
2017 $3,414 $176,990 $103,356 $73,634
2016 $3,051 $144,810 $0 $0
2015 $2,962 $137,570 $0 $0
2014 $3,079 $142,267 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 955157

realMLS (Northeast Florida Multiple Listing Service)

APN: 092612-0000

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