NOT LISTED FOR SALE

2848 Madrid Ave E Jacksonville, FL 32217

San Jose Neighborhood

Estimated Value: $389,000 - $460,000

4 Beds
2.5 Baths
2,645 Sq Ft
$163/Sq Ft Est. Value

Last Sold December 08, 2023

Last sale price $410,000 $155 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,799/month

58 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • 2 Car Attached Garage
  • Wood Flooring
  • No HOA
  • 3-minute walk to Verona Park

About This Home

As of December 2023

Welcome to 2848 Madrid Ave, your new home. This deceivingly large 4 bed, 2.5 bath brick ranch is nestled in the sought-after San Jose neighborhood. Despite its size, this charming home offers a cozy atmosphere while boasting generous living spaces & a split bedroom layout. The main portion of the house features beautiful hardwood floors that flow seamlessly throughout. Two bedrooms in the front of the house are separated by a full hall bath, while the nicely sized primary bedroom is secluded from the other bedrooms. Off the family room, you'll find the great room, which features large built-in cabinets, newer carpet, access to the fenced-in backyard, a guest room, & a separate office. With potential for updates, this home presents a fantastic opportunity to create your dream home. "Inviting Living Spaces: The spacious great room welcomes you with a cozy fireplace, perfect for chilly evenings and gatherings. A separate formal dining room sits adjacent to a large living area, offering versatility in entertaining and everyday living.
"Multifunctional Layout: This property is a great fit for multifamily living, as it features an additional great room and family room, ensuring there's space for everyone to enjoy their own activities and privacy.
"Investment Opportunity: While this home needs a little tender loving care (TLC), it presents a fantastic opportunity for those looking to customize and make it their own. It's being sold AS-IS, allowing you to unlock its full potential.

Last Agent to Sell the Property

Kasey Ritter

ONE SOTHEBY'S INTERNATIONAL REALTY License #3398682 Listed on: 10/03/2023

ONE SOTHEBY'S INTERNATIONAL REALTY

Co-Listed By

MELANIE DAVIS

ONE SOTHEBY'S INTERNATIONAL REALTY License #3580739

Last Buyer's Agent

CYNTHIA LEE

BOLD CITY REALTY GROUP INC License #3402739

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,431

Year Built

  • Built in 1957

Lot Details

  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Additional Parking

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,645 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • 1 Fireplace
  • Entrance Foyer
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Shower Only

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • San Jose Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1503880000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,431

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Subdivision Name: San Jose
  • Architectural Style: Ranch, Traditional
  • General Property Information Living Area2: 2645.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Architectural Style Traditional: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Architectural Style Ranch: Yes
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Fencing Back Yard: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Eat-in Kitchen, Entrance Foyer, Primary Bathroom - Shower No Tub, Primary Downstairs, Split Bedrooms
  • Major Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 2645.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Electric Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Waterfront: No
  • Fencing: Back Yard
  • Roof: Shingle
  • Pool Features: None
  • Construction Type: Frame
  • Construction Materials:Frame: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Attached, Garage
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Additional Parking: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • 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

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Residential, Single Family
  • Parcel #: 1503880000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Dec 8, 2023
Sold by
Nancy E Pound Revocable Trust
Bought by
Peek Elisabeth and Peek Richard E
Seller's Agent
Kasey Ritter
ONE SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
CYNTHIA LEE
BOLD CITY REALTY GROUP INC
List Price
$420,000
Sold Price
$410,000
Premium/Discount to List
-$10,000
-2.38%
Views
5
Current Estimated Value
$430,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,226
Avg. Annual Appreciation
2.53%
Original Mortgage
$402,573
Outstanding Balance
$396,217
Interest Rate
7.76%
Mortgage Type
FHA
Estimated Equity
$34,009

Purchase Details

Closed on
Feb 10, 2005
Sold by
Pound Nancy E
Bought by
Pound Nancy E and Nancy E Pound Revocable Trust
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
Peek Elisabeth $410,000 None Listed On Document
Pound Nancy E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peek Elisabeth $402,573
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2023 12/16/23 Off Market $410,000 -- --
12/08/2023 12/08/23 Sold $410,000 -2.4% $155 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $420,000 -- $159 / 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 $6,431 $347,519 $113,229 $234,290
2024 $2,507 $348,110 $111,720 $236,390
2023 $2,507 $168,870 $0 $0
2022 $2,290 $163,952 $0 $0
2021 $2,268 $159,177 $0 $0
2020 $2,243 $156,980 $0 $0
2019 $2,214 $153,451 $0 $0
2018 $2,182 $150,590 $0 $0
2017 $2,151 $147,493 $0 $0
2016 $2,135 $144,460 $0 $0
2015 $2,134 $142,311 $0 $0
2014 $2,136 $141,182 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kasey Ritter

    Seller's Agent in 2023

    Kasey Ritter

    ONE SOTHEBY'S INTERNATIONAL REALTY

    (904) 449-6648

    5 in this area

    45 Total Sales

    Kasey Ritter
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    MELANIE DAVIS

    ONE SOTHEBY'S INTERNATIONAL REALTY

    (904) 898-8343

    1 in this area

    10 Total Sales

    MELANIE DAVIS
    Section Image
  • CYNTHIA LEE

    Buyer's Agent in 2023

    CYNTHIA LEE

    BOLD CITY REALTY GROUP INC

    (904) 803-3141

    1 in this area

    49 Total Sales

    CYNTHIA LEE
    Section Image
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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1250829

realMLS (Northeast Florida Multiple Listing Service)

APN: 150388-0000

Florida Duval County Jacksonville 32217 San Jose

2848 Madrid Ave E, Jacksonville, FL

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.

realMLS (Northeast Florida Multiple Listing Service) 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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