NOT LISTED FOR SALE

1851 San Marco Blvd Jacksonville, FL 32207

San Marco Neighborhood

Estimated Value: $844,609 - $916,000

6 Beds
5 Baths
4,603 Sq Ft
$190/Sq Ft Est. Value

Last Sold December 22, 2016

Last sale price $477,500 $104 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,795/month

57 Days on Market

Highlights

  • Central Heating and Cooling System
  • Hendricks Avenue Elementary School Rated A-
  • 2-minute walk to Riverfront Park

About This Home

As of December 2016

Tremendous investment opportunity on San Marco Blvd in historic San Marco. This is your opportunity to secure a very stable income property with a compelling value-add component. The property consists of a main building with (4) large 1BR apartments, and a separate 2Br Garage apartment. RENTS ARE UNDER MARKET- there is immediate opportunity to increase rents with little effort, and because of the coveted location, the prospect of setting the market with some strategic up-grades. Floor plans feature beautiful Hardwood Floors, Large Bedrooms, Updated Windows, CH&A. The property also boasts Covered Parking, Termite Bond.

Last Agent to Sell the Property

Simon Garwood

WARREN & COMPANY License #3180526 Listed on: 08/29/2016

Last Buyer's Agent

NON MLS

NON MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,622

Year Built

  • Built in 1945

Lot Details

  • 8,451

Home Design

  • Concrete Siding
  • Stucco

Interior Spaces

  • 4,603 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • Covered Parking
  • On-Street Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0812640000

Community Details

Overview

  • 5 Units
  • San Marco Subdivision

Building Details

  • Gross Income $42,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,622

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Year Built: 1945
  • Road Surface Type: Asphalt
  • Subdivision Name: San Marco
  • General Property Information Living Area2: 4603.0
  • General Property Information Waterfront YN: No
  • Cooling Central Air: Yes
  • Appliances Refrigerators: Yes
  • General Property Information Stories Total: 2
  • General Property Information Number Of Units Total2: 5.0
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Major Appliances: Electric Oven, Electric Range, Refrigerator
  • Owner Pays: Gas
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Living Area: 4603.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Waterfront: No
  • Pool Features: None
  • Construction Type: Concrete, Stucco
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered, On Street, Underground
  • Parking Features:Covered: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Underground2: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Heating:Central: Yes

Lot Info

  • Parcel #: 0812640000

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 42720.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2018
Sold by
Mread Florida Holdings Lp
Bought by
Paul Vincent M
Current Estimated Value
$874,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$439,590
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$527,499

Purchase Details

Listed on
Aug 29, 2016
Closed on
Dec 1, 2016
Bought by
Vincent Paul
Seller's Agent
Simon Garwood
WARREN & COMPANY
Buyer's Agent
NON MLS
NON MLS
List Price
$525,000
Sold Price
$477,500
Premium/Discount to List
-$47,500
-9.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%

Purchase Details

Closed on
May 3, 2007
Sold by
Chassman Julian
Bought by
1851 Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Paul Vincent M $700,000 Attorney
Vincent Paul $477,500 --
1851 Investments Llc $505,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paul Vincent M $500,000
Previous Owner 1851 Investments Llc $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $477,500 -- --
12/22/2016 12/22/16 Sold $477,500 -9.0% $104 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
08/29/2016 08/29/16 For Sale $525,000 -- $114 / 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 $13,622 $795,658 $435,206 $360,452
2024 $12,924 $795,658 $192,600 $603,058
2023 $12,924 $795,658 $173,340 $622,318
2022 $11,332 $768,222 $173,340 $594,882
2021 $9,797 $557,172 $160,500 $396,672
2020 $9,269 $557,172 $160,500 $396,672
2019 $9,032 $582,498 $141,240 $441,258
2018 $7,634 $415,421 $160,500 $254,921
2017 $7,322 $393,556 $128,400 $265,156
2016 $6,907 $393,556 $0 $0
2015 $6,664 $393,556 $0 $0
2014 $5,625 $286,852 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Simon Garwood

    Seller's Agent in 2016

    Simon Garwood

    WARREN & COMPANY

    (904) 673-8622

    2 in this area

    24 Total Sales

    Simon Garwood
    Section Image

  • N

    Buyer's Agent in 2016

    NON MLS

    NON MLS

    NON MLS
    Section Image

  • 9

    Buyer's Agent in 2016

    99999 99999

    WATSON REALTY CORP

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 832678

realMLS (Northeast Florida Multiple Listing Service)

APN: 081264-0000

Florida Duval County Jacksonville 32207 San Marco

1851 San Marco Blvd, Jacksonville, FL

This home is located at 1851 San Marco Blvd, Jacksonville, FL 32207 since 29 August 2016 and is currently estimated at $874,652, approximately $190 per square foot. This property was built in 1945. 1851 San Marco Blvd is a home located in Duval County with nearby schools including Hendricks Avenue Elementary School, Alfred I. Dupont Middle School, and Terry Parker High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

realMLS (Northeast Florida Multiple Listing Service) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS.

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