2523 Forbes St Jacksonville, FL 32204
Riverside Neighborhood
6
Beds
6
Baths
3,468
Sq Ft
5,663
Sq Ft Lot
Highlights
- Wood Flooring
- Fireplace
- Central Heating and Cooling System
About This Home
As of December 2019Riverside 6 unit property. Location, condition & consistent income producer. Over $50k in annual income. Front unit is a classic Riverside quad with 4 units renting at $740/mth & rear bldg is a 2 unit w/ alley access & each apt renting at $630/mth. Parking in front, off alley & in front of church across the street. 4 HVAC units replaced in last couple years, recent roof insp, full ext paint in last yr & water supply lines all upgraded to PVC. Located just a few blocks from both 5 Points entertainment district as well as Park and King commercial. Grocery stores, tons of restaurants, City parks & lots more activities just steps away. Property is fully occupied & with minor updating rents could be over $850/mth. A solid place to park your cash w/all the recent stock market uncertainty.
Last Agent to Sell the Property
TRADITIONS REALTY LLC License #3077975 Listed on: 08/26/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,652
Year Built
- Built in 1927
Lot Details
- Lot Dimensions are 50x117.5
Home Design
- Duplex
- Shingle Roof
Interior Spaces
- 3,468 Sq Ft Home
- 2-Story Property
- Fireplace
- Wood Flooring
Kitchen
- Electric Oven
- Electric Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Parking
- Parking Lot
- Unassigned Parking
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 0909920000
Community Details
Overview
- 6 Units
- Riverside Subdivision
Building Details
- Gross Income $50,640
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2019
Closed on
Dec 16, 2019
Sold by
Wrangler Properties Inc
Bought by
2523Forbesst Llc
Seller's Agent
David White
TRADITIONS REALTY LLC
Buyer's Agent
Ryan Hiebsch
SHEEPCO REAL ESTATE GROUP
List Price
$590,000
Sold Price
$570,000
Premium/Discount to List
-$20,000
-3.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.09%
Original Mortgage
$388,500
Outstanding Balance
$345,452
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$582,192
Purchase Details
Closed on
Nov 29, 2006
Sold by
Kemp C Todd and C Todd Kemp Living Trust
Bought by
Wrangler Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 2, 2004
Sold by
Kemp C Todd
Bought by
Kemp C Todd and C Todd Kemp Living Trust
Purchase Details
Closed on
Apr 1, 2002
Sold by
Jurkovac Richard
Bought by
Kemp C Todd
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
6.8%
Mortgage Type
Seller Take Back
Similar Homes in Jacksonville, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $570,000 | Attorney | |
| Trustee Deed | $399,000 | Gibraltar Title Services | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $242,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $388,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $319,000 | Purchase Money Mortgage | |
| Previous Owner | $149,500 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2025 06/07/25 | Price Changed | $939,000 | -4.1% | $271 / Sq Ft |
| 05/13/2025 05/13/25 | For Sale | $979,000 | +71.8% | $282 / Sq Ft |
| 12/17/2023 12/17/23 | Off Market | $570,000 | -- | -- |
| 12/16/2019 12/16/19 | Sold | $570,000 | -3.4% | $164 / Sq Ft |
| 11/10/2019 11/10/19 | Pending | -- | -- | -- |
| 08/26/2019 08/26/19 | For Sale | $590,000 | -- | $170 / Sq Ft |
Source: realMLS (Northeast Florida Multiple Listing Service)
Tax History Compared to Growth
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 | $11,652 | $678,261 | -- | -- |
| 2024 | $11,652 | $698,802 | $133,000 | $565,802 |
| 2023 | $11,070 | $698,802 | $130,625 | $568,177 |
| 2022 | $8,797 | $509,796 | $130,625 | $379,171 |
| 2021 | $10,067 | $582,624 | $130,625 | $451,999 |
| 2020 | $9,107 | $510,663 | $111,625 | $399,038 |
| 2019 | $6,249 | $343,332 | $71,250 | $272,082 |
| 2018 | $6,040 | $343,332 | $71,250 | $272,082 |
| 2017 | $6,218 | $411,825 | $61,750 | $350,075 |
| 2016 | $5,661 | $355,110 | $0 | $0 |
| 2015 | $5,005 | $285,957 | $0 | $0 |
| 2014 | $4,475 | $240,352 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
FRANCIS WHITE
F
Seller's Agent in 2025
FRANCIS WHITE
CROSSVIEW REALTY
(904) 451-3001
2 in this area
45 Total Sales
-
David White
D
Seller's Agent in 2019
David White
TRADITIONS REALTY LLC
(904) 349-5113
5 in this area
27 Total Sales
-
Ryan Hiebsch
Buyer's Agent in 2019
Ryan Hiebsch
SHEEPCO REAL ESTATE GROUP
(904) 710-0376
5 in this area
90 Total Sales
Map
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 1012842
APN: 090992-0000
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.
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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