NOT LISTED FOR SALE

Estimated Value: $295,000 - $1,026,000

23 Beds
12 Baths
10,338 Sq Ft
$67/Sq Ft Est. Value

Last Sold June 11, 2020

Last sale price $622,000 $60 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,709/month

28 Days on Market

About This Home

As of June 2020

12 Unit Complex. 5 duplex buildings, and 2 single unit buildings. Strong rental history. Buildings can not be split for individual sale- one parcel.
Tenant occupied. Monthly rental potential $8,965-$9,065. Rent Roll available upon request.

Last Agent to Sell the Property

T HETMAN

ATLANTIC SHORES REALTY OF JACKSONVILLE LLC License #662398 Listed on: 04/30/2020

Co-Listed By

LISA MURRAY

ATLANTIC SHORES REALTY OF JACKSONVILLE LLC License #3104315

Last Buyer's Agent

NON MLS

NON MLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 1.29

Parking

  • 24 Car Garage
  • Unassigned Parking

Home Design

  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 10,338 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 23 Bedrooms
  • 12 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 12 Units
  • Ortega Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1029150005

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

1.29 Acres

Parking

24

Listing Details

  • Property Type: Residential Income
  • Stories: 1
  • Year Built: 1971
  • Lot Size: 1.29 Acres
  • Road Surface Type: Asphalt
  • Subdivision Name: Ortega Farms
  • General Property Information Living Area2: 10338.0
  • General Property Information Waterfront YN: No
  • General Property Information List PriceSqFt2: 72.55
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Stories Total: 1
  • General Property Information Number Of Units Total2: 12.0
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Major Appliances: Electric Water Heater
  • Owner Pays: Grounds Care, Insurance, Management, Other Tax, Pest Control, Repairs, Security, Trash Collection
  • Full Bathrooms: 12
  • Total Bedrooms: 23
  • Living Area: 10338.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Waterfront: No
  • Roof: Shingle
  • Pool Features: None
  • Construction Type: Concrete
  • Construction Materials:Concrete: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 24.0
  • Parking Features: Unassigned
  • General Property Information:Garage Spaces: 24.0
  • Parking Features:Unassigned: Yes
  • Parking Features:Other10: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Lot Info

  • Parcel #: 1029150005

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Jun 11, 2020
Sold by
Jax Town Investments Llc
Bought by
Jammes Fm Llc
Seller's Agent
T HETMAN
ATLANTIC SHORES REALTY OF JACKSONVILLE LLC
Buyer's Agent
NON MLS
NON MLS
List Price
$750,000
Sold Price
$622,000
Premium/Discount to List
-$128,000
-17.07%
Current Estimated Value
$694,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,262
Avg. Annual Appreciation
1.92%

Purchase Details

Closed on
Mar 1, 2017
Sold by
Hohrath Paul E and Hohrath Carol R
Bought by
Jax Town 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
$450,000
Interest Rate
5.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 1, 2003
Sold by
Morrow Bobby C and Morrow Annette R
Bought by
Hohrath Paul and Hohrath Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7%
Mortgage Type
Seller Take Back
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
Jammes Fm Llc $622,000 Attorney
Jax Town Investments Llc $600,000 Attorney
Hohrath Paul $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jax Town Investments Llc $450,000
Previous Owner Hohrath Paul $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $622,000 -- --
06/11/2020 06/11/20 Sold $622,000 -17.1% $60 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $750,000 -- $73 / Sq Ft
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 $13,164 $729,000 $180,613 $548,387
2025 $12,847 $706,900 $153,220 $553,680
2024 $12,586 $706,200 $90,300 $615,900
2023 $12,586 $737,400 $90,300 $647,100
2022 $10,883 $678,100 $90,300 $587,800
2021 $9,785 $545,900 $90,300 $455,600
2020 $12,092 $670,500 $129,000 $541,500
2019 $11,223 $616,100 $96,750 $519,350
2018 $10,269 $550,100 $96,750 $453,350
2017 $7,503 $392,100 $96,750 $295,350
2016 $7,620 $391,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1051138

realMLS (Northeast Florida Multiple Listing Service)

APN: 102915-0005

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