NOT LISTED FOR SALE

Estimated Value: $1,050,000 - $1,268,240

6 Beds
4 Baths
-- Sq Ft
10,019 Sq Ft Lot

Last Sold December 04, 2017

Last sale price $470,000

Est. 149% increase in value since last sale

Current estimated payment $7,239/month

119 Days on Market

Highlights

  • Concrete Block With Brick
  • Property is near shops
  • Garage
  • R.B. Hunt Elementary School Rated A
  • Central Heating and Cooling System
  • Rectangular Lot

About This Home

As of December 2017

Located 2 short blocks from the A Street entrance to St Augustine Beach, this concrete block triplex offers an opportunity to continue long-term rentals or take advantage of existing Business Tax Receipt for vacation rentals. Unit A has approximately 975SF with 2/2 plan including open living, dining and kitchen. Each unit has private single garage and A has a deck off one of the bedrooms. Units B and C are identical with the same open living, dining and kitchen plus 2 bedrooms sharing hall bath. All three units have their own section of backyard which could be improved with landscaping and patios to increase the lease rates. Ample off-street parking is hard to find, but we have it here and the individual garages are a bonus for both laundry facilities and additional storage. Owners have let two leases expire so you can make your own decisions about renovations and whether to go long or short term. Unit A is on a month-to-month lease. The location is central to everything in St Augustine Beach - 5 minute stroll to the beach, 5-minute drive to Publix and everything else within an easy walk, bike ride or drive if you just can't wait to get wherever you're going. Transient rentals have strong demand as do long-term leases and you can go either way or do a mix. Having an existing BTR for transient rentals is key and we're happy to talk more about it. Some renovations and maintenance will be needed but the masonry construction makes the exterior work simple and you can have some fun with the interiors. Triplex is hooked up to municipal sewer so the yard is available for additional amenities.

Last Agent to Sell the Property

Irene Arriola

One Sotheby's - Downtown Listed on: 08/04/2017

One Sotheby's - Downtown

Co-Listed By

Frank O'Rourke

One Sotheby's Int (A1A Beach)

Last Buyer's Agent

GAIL JONES

St Augustine Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,921

Year Built

  • Built in 2000

Lot Details

  • Lot Dimensions are 100 x 100
  • Rectangular Lot

Home Design

  • Concrete Block With Brick

Parking

  • Garage
  • Private Parking

Additional Features

  • Range
  • Property is near shops
  • Central Heating and Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 169740-0030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,921

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Additional Marketing: Yes
  • Class: Multifamily
  • Construction: Concrete Block
  • Extras: Garage, Kitchen Equipment, Parking, Range, Refrigerator, Shopping Near
  • Heat: Central, Electric
  • Legal Description: 2-5 Chautaqua Beach Lots 3 & 5, Block 33 & S1/2 of Vacated Alley Lying N
  • Lvt Date: 08/16/2017
  • Type Of Property: Triplex
  • Waste: Sewer
  • Year Built: 2000
  • Addnl Marketing Remarks: All three units have their own section of backyard which could be improved with landscaping and patios to increase the lease rates. Ample off-street parking is hard to find, but we have it here and the individual garages are a bonus for both laundry facilities and additional storage. Owners have let two leases expire so you can make your own decisions about renovations and whether to go long or short term. Unit A is on a month-to-month lease. The location is central to everything in St Augustine Beach - 5 minute stroll to the beach, 5-minute drive to Publix and everything else within an easy walk, bike ride or drive if you just can't wait to get wherever you're going. Transient rentals have strong demand as do long-term leases and you can go either way or do a mix. Having an existing BTR for transient rentals is key and we're happy to talk more about it. Some renovations and maintenance will be needed but the masonry construction makes the exterior work simple and you can have some fun with the interiors. Triplex is hooked up to municipal sewer so the yard is available for additional amenities.
  • Marketing For Public Vw: Located 2 short blocks from the A Street entrance to St Augustine Beach, this concrete block triplex offers an opportunity to continue long-term rentals or take advantage of existing Business Tax Receipt for vacation rentals. Unit A has approximately 975SF with 2/2 plan including open living, dining and kitchen. Each unit has private single garage and A has a deck off one of the bedrooms. Units B and C are identical with the same open living, dining and kitchen plus 2 bedrooms sharing hall bath.
  • Subdivision Condo: Chautauqua Beach
  • Special Features: None
  • Property Sub Type: MultiFamily

Utilities

  • Air Conditioner: Central, Electric
  • Water: County

Lot Info

  • Lot Size: 100 x 100
  • Lot Type: Regular
  • Zoning: Med
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 169740-0030
  • Taxes: 6920.68
  • Tax Year: 2017

Multi Family

  • Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2019
Sold by
Nichols Sally
Bought by
Wilson Nicole N and Nichols Sally E
Current Estimated Value
$1,172,310

Purchase Details

Listed on
Aug 4, 2017
Closed on
Dec 4, 2017
Sold by
Harmsen Tim C and Harmsen Karen L
Bought by
Nichols Sally
Seller's Agent
Irene Arriola
One Sotheby's - Downtown
Buyer's Agent
GAIL JONES
St Augustine Realty
List Price
$498,000
Sold Price
$470,000
Premium/Discount to List
-$28,000
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%
Original Mortgage
$470,000
Outstanding Balance
$395,699
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$776,611

Purchase Details

Closed on
Apr 28, 2003
Sold by
Geiger Tracy E and Geiger Angela M
Bought by
Harmsen Tim C and Harmsen Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.79%
Mortgage Type
Commercial
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
Wilson Nicole N -- None Available
Nichols Sally $470,000 Paradise Title Of St Augusti
Harmsen Tim C $310,000 Independent Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Sally $470,000
Previous Owner Harmsen Tim C $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2017 12/04/17 Sold $470,000 -5.6% --
12/01/2017 12/01/17 Pending -- -- --
08/04/2017 08/04/17 For Sale $498,000 0.0% --
09/20/2016 09/20/16 Rented $1,250 0.0% --
09/20/2016 09/20/16 For Rent $1,250 +14.2% --
09/16/2015 09/16/15 Rented $1,095 0.0% --
09/16/2015 09/16/15 For Rent $1,095 -- --
Source: St. Augustine and St. Johns County Board of REALTORS®

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 $13,374 $884,971 -- --
2024 $13,374 $1,046,308 $585,080 $461,228
2023 $13,374 $976,933 $510,080 $466,853
2022 $12,426 $892,158 $397,580 $494,578
2021 $11,046 $715,162 $0 $0
2020 $9,326 $549,497 $0 $0
2019 $8,621 $525,857 $0 $0
2018 $7,771 $454,780 $0 $0
2017 $6,921 $422,704 $259,000 $163,704
2016 $6,437 $382,704 $0 $0
2015 $5,806 $326,546 $0 $0
2014 $5,141 $288,522 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: St. Augustine and St. Johns County Board of REALTORS®

MLS Number: 172911

St. Augustine and St. Johns County Board of REALTORS®

APN: 169740-0030