NOT LISTED FOR SALE

Estimated Value: $631,075 - $680,000

4 Beds
4 Baths
2,924 Sq Ft
$222/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $290,000 $99 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,325/month

104 Days on Market

About This Home

As of February 2017

Great fourplex investment property in Historic Riverside within walking distance to the popular King Street District. Your tenants will love the old world charm that these units offer with hardwood floors, subway tile, newer windows, central HVAC, rear entries, off-street parking. New roof installed 12/16. Rents currently range from $590.00-653.00 per unit. This building could use some cosmetics to make it even better, and possibly demand higher rents. This location is very popular, and trendy with convenience to transportation, entertainment, and shopping.

Last Agent to Sell the Property

JILL MERO

MERO REALTY License #3104873 Listed on: 10/26/2016

Last Buyer's Agent

Sarah Shockley

INNOVATIVE PROPERTY SOLUTIONS JACKSONVILLE LLC License #3328603

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,436

Year Built

  • Built in 1948

Lot Details

  • 5,924

Parking

  • On-Street Parking

Home Design

  • Quadruplex

Interior Spaces

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

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 4 Units
  • New Riverside Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0642550000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,436

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Year Built: 1948
  • Property Sub Type: Quadruplex
  • Road Surface Type: Asphalt
  • Subdivision Name: New Riverside
  • General Property Information Living Area2: 2924.0
  • General Property Information Waterfront YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • General Property Information Stories Total: 2
  • General Property Information Number Of Units Total2: 4.0
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Wood
  • Living Area: 2924.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Waterfront: No
  • Pool Features: None

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street
  • Parking Features:On Street: Yes
  • Parking Features:Other10: Yes

Utilities

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

Lot Info

  • Parcel #: 0642550000

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
Villages Premier Properties Llc
Bought by
Bannister Juzer and Bannister Maria
Current Estimated Value
$649,519

Purchase Details

Listed on
Oct 26, 2016
Closed on
Feb 17, 2017
Sold by
Thomas Scott Kermit and Thomas Donna L
Bought by
Villages Premier Properties Llc
Seller's Agent
JILL MERO
MERO REALTY
Buyer's Agent
Sarah Shockley
INNOVATIVE PROPERTY SOLUTIONS JACKSONVILLE LLC
List Price
$349,900
Sold Price
$290,000
Premium/Discount to List
-$59,900
-17.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%

Purchase Details

Closed on
May 27, 2004
Sold by
Richard Brown Properties Inc
Bought by
Thomas Scott Kermit and Thomas Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,750
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 2003
Sold by
Atlantic Investment Trust Inc
Bought by
Richard Brown Properties Inc

Purchase Details

Closed on
Jul 31, 2003
Sold by
Snavely Elizabeth
Bought by
Atlantic Investment Trust Inc
Source: Public Records

Range of Values:

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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
Bannister Juzer $784,000 Jacksonville Title & Tr Llc
Villages Premier Properties Llc $290,000 Attorney
Thomas Scott Kermit $240,000 --
Richard Brown Properties Inc $155,000 Watson & Osborne Title Svcs
Atlantic Investment Trust Inc $140,000 Watson & Osborne Title Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Scott Kermit $193,609
Previous Owner Thomas Scott Kermit $222,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $290,000 -- --
02/17/2017 02/17/17 Sold $290,000 -17.1% $99 / Sq Ft
02/07/2017 02/07/17 Pending -- -- --
10/26/2016 10/26/16 For Sale $349,900 -- $120 / 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 $9,436 $512,229 -- --
2024 $9,436 $527,527 $135,800 $391,727
2023 $8,996 $527,527 $133,375 $394,152
2022 $7,279 $384,846 $133,375 $251,471
2021 $6,387 $343,612 $133,375 $210,237
2020 $5,824 $298,452 $113,975 $184,477
2019 $5,355 $259,182 $72,750 $186,432
2018 $5,396 $259,182 $72,750 $186,432
2017 $4,643 $261,146 $63,050 $198,096
2016 $3,961 $178,024 $0 $0
2015 $4,067 $210,528 $0 $0
2014 $3,555 $157,762 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 852848

realMLS (Northeast Florida Multiple Listing Service)

APN: 064255-0000