NOT LISTED FOR SALE

Estimated Value: $657,366 - $674,000

9 Beds
5 Baths
3,610 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 13, 2024

Last sale price $649,000 $180 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,214/month

57 Days on Market

Highlights

  • 0.51 Acre Lot
  • Wood Flooring
  • Front Porch
  • Deck
  • No HOA
  • Eat-In Kitchen

About This Home

As of August 2024

Discover a remarkable investment prospect with this multifamily property, boasting a robust $5,325 in monthly rental income! Each of the nine bedrooms and five bathrooms across the expansive living space of over 3,600 square feet is currently leased under binding agreements, ensuring immediate cash flow.

Opt to reside in one unit while leasing the others, or reconfigure the layout to maximize rental unit availability. Additional features include a generous carport, ample parking, a separate outbuilding with utilities that could serve as yet another income source, and a sprawling 0.51-acre lot.

Located in St. Nicholas just off Atlantic Blvd, the property enjoys proximity to downtown, I-95, San Marco, and is a straightforward drive to the beaches. This investment gem offers a rare blend of steady income and potential growth. Act now to capitalize on this unique opportunity!

Last Agent to Sell the Property

Russell Nicholson

KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE License #3405616 Listed on: 04/19/2024

KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE

Co-Listed By

Julia Bondjuk

KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE License #3545271

Last Buyer's Agent

John Whitesell

KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE License #3230565

KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,529

Year Built

  • Built in 1940

Lot Details

  • 0.51

Parking

  • 2 Carport Spaces

Home Design

  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,610 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Range
  • Microwave

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Deck
  • Front Porch

Additional Features

  • 0.51 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Schumachers Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1255440000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,529

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • New Construction: No
  • Stories: 2
  • Year Built: 1940
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.51
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Schumachers
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • General Property Information Living Area2: 3610.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 2.0
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Accessibility Features YN2: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Flooring Vinyl: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Lot Size Acres: 0.51
  • General Property Information Carport YN: Yes
  • Utilities Electricity Connected: Yes
  • Levels Two: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen
  • Major Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 5
  • Total Bedrooms: 9
  • Flooring: Tile, Vinyl, Wood
  • Living Area: 3610.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Appliances:Electric Oven: Yes
  • Interior Features:Ceiling Fan(s): Yes

Exterior Features

  • Waterfront: No
  • Roof: Shingle
  • Pool Features: None
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Deck: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Parking Features: Carport, Other
  • General Property Information:Garage YN: No
  • Parking Features:Carport: Yes

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 22215.6
  • Parcel #: 1255440000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6528.85
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Aug 13, 2024
Sold by
Radovsky Gabriel
Bought by
Tumula Mohith
Seller's Agent
Russell Nicholson
KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
Buyer's Agent
John Whitesell
KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
List Price
$725,000
Sold Price
$649,000
Premium/Discount to List
-$76,000
-10.48%
Views
76
Current Estimated Value
$667,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,342
Avg. Annual Appreciation
2.83%
Original Mortgage
$637,244
Outstanding Balance
$631,060
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$36,282

Purchase Details

Listed on
Mar 25, 2020
Closed on
May 27, 2020
Sold by
Ploeg Carolyn Ann and Worthington Marion H
Bought by
Radovsky Gabriel
Seller's Agent
Christina Welch
KELLER WILLIAMS ST JOHNS
Buyer's Agent
Sarah Rocco
KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE
List Price
$349,000
Sold Price
$327,000
Premium/Discount to List
-$22,000
-6.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.77%
Original Mortgage
$321,077
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 16, 1996
Sold by
Freidlin Melvin
Bought by
Longuil Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Tumula Mohith $649,000 St Johns Title
Radovsky Gabriel $327,000 Title America Re Closings
Longuil Margaret J $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tumula Mohith $637,244
Previous Owner Radovsky Gabriel $48,375
Previous Owner Radovsky Gabriel $321,077
Previous Owner Longuil Margaret J $3,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2024 08/13/24 Sold $649,000 -6.6% $180 / Sq Ft
04/21/2024 04/21/24 Price Changed $695,000 -4.1% $193 / Sq Ft
04/19/2024 04/19/24 For Sale $725,000 +121.7% $201 / Sq Ft
12/17/2023 12/17/23 Off Market $327,000 -- --
06/04/2020 06/04/20 Sold $327,000 -6.3% $91 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $349,000 -- $97 / 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 $6,926 $386,921 $133,650 $253,271
2024 $6,529 $388,890 $133,650 $255,240
2023 $6,529 $379,532 $133,650 $245,882
2022 $5,587 $333,877 $129,938 $203,939
2021 $5,038 $267,166 $85,388 $181,778
2020 $4,019 $207,662 $73,500 $134,162
2019 $3,816 $193,322 $66,150 $127,172
2018 $4,057 $212,469 $40,425 $172,044
2017 $3,706 $199,732 $30,319 $169,413
2016 $3,366 $168,301 $0 $0
2015 $3,579 $176,641 $0 $0
2014 $3,419 $166,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2021078

realMLS (Northeast Florida Multiple Listing Service)

APN: 125544-0000