NOT LISTED FOR SALE

23277 Lakeside Dr Olustee, FL 32072

Olustee Neighborhood

Estimated Value: $119,000 - $277,000

1 Bed
3 Baths
7,924 Sq Ft
$27/Sq Ft Est. Value

Last Sold December 19, 2016

Last sale price $114,000 $14 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,204/month

475 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • 2 Fireplaces

About This Home

As of December 2016

7924 SF multipurpose building for sale or long term lease. Building has a number of potential uses. 1000 SF workshop is on back of property.There are 2 acres, 4'' well, septic tank and drainfield. It is unlikely that conventional financing is available as it is the oldest school building in Baker County. Owner financing possible to qualified individuals. Suggested minimum down payment$30,000, more or less depending on financial qualifications. Building currently undergoing total electrical renovation, bathroom renovation and other repairs. The proximity to Ocean Pond offers additional options

Last Agent to Sell the Property

Garlon Webb

REAL ESTATE WITH GARLON WEBB License #3195677 Listed on: 02/28/2015

Last Buyer's Agent

GARLON WEBB

MONARCH REALTY ASSOCIATES INC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 2.83

Home Design

  • Concrete Siding

Interior Spaces

  • 7,924 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Flooring

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom

Schools

  • Westside Elementary School
  • Baker County Middle School
  • Baker County High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Well
  • Septic Tank

Community Details

  • 3 Units
  • Olustee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 293S19000000000250

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 1
  • Year Built: 1930
  • Lot Size: 2.00 AC
  • Road Surface Type: Asphalt
  • Subdivision Name: Olustee
  • General Property Information Living Area2: 7924.0
  • General Property Information Waterfront YN: No
  • General Property Information List PriceSqFt2: 15.65
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • Water Source Well: Yes
  • General Property Information Stories Total: 1
  • Cooling WallWindow Unit(s): Yes
  • General Property Information Number Of Units Total2: 3.0
  • Owner Pays:Sewer2: Yes
  • 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: Electricity, Insurance, Repairs, Sewer, Water
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 7924.0
  • ResoLivingAreaSource: PublicRecords
  • Fireplace Features:Fireplaces Total: 2
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Waterfront: No
  • Pool Features: None
  • Construction Type: Concrete, Fiber Cement
  • Other Structures: Other
  • Construction Materials:Concrete: Yes
  • Construction Materials:Fiber Cement: Yes

Garage/Parking

  • Parking Features:Other10: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Westside
  • High School: Baker County
  • Middle Or Junior School: Baker County

Lot Info

  • Parcel #: 293S19000000000250

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2015
Closed on
Dec 19, 2016
Sold by
Burch Joseph D and Burch Anna M
Bought by
Appelman Herman M
Seller's Agent
Garlon Webb
REAL ESTATE WITH GARLON WEBB
Buyer's Agent
Garlon Webb
REAL ESTATE WITH GARLON WEBB
List Price
$135,000
Sold Price
$114,000
Premium/Discount to List
-$21,000
-15.56%
Current Estimated Value
$211,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,667
Avg. Annual Appreciation
7.09%
Original Mortgage
$92,000
Outstanding Balance
$36,380
Interest Rate
6%
Mortgage Type
Seller Take Back
Estimated Equity
$175,287
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
Appelman Herman M $114,000 Osceola Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Appelman Herman M $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $114,000 -- --
12/19/2016 12/19/16 Sold $114,000 -15.6% $14 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
02/28/2015 02/28/15 For Sale $135,000 -- $17 / 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 $1,140 $111,866 -- --
2024 $1,104 $108,713 -- --
2023 $1,072 $105,547 $0 $0
2022 $1,038 $102,473 $0 $0
2021 $1,020 $99,488 $0 $0
2020 $1,006 $98,114 $0 $0
2019 $412 $27,680 $15,989 $11,691
2018 $412 $27,303 $0 $0
2017 $416 $27,303 $0 $0
2016 $430 $22,084 $0 $0
2015 $425 $21,222 $0 $0
2014 $421 $20,779 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 759897

realMLS (Northeast Florida Multiple Listing Service)

APN: 29-3S-19-0000-0000-0250