NOT LISTED FOR SALE

2876 Edenfield St Marianna, FL 32448

Estimated Value: $101,000 - $393,489

5 Beds
2 Baths
2,559 Sq Ft
$94/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $99,000 $39 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $1,536/month

34 Days on Market

About This Home

As of July 2024

Discover a rare opportunity in real estate with this meticulously converted house featuring two separate units. This property is offered BELOW MARKET VALUE to accommodate necessary updates and ensure compliance with proper building codes.The main residence offers a very functional layout with 3 bedrooms, 1 full bathroom, an indoor laundry area, and a welcoming living room. The well-appointed kitchen with dining space creates a central hub for gatherings and daily life. Adjacent to the main house, the second unit boasts a separate entry, combining a living and dining area, a fully-equipped updated kitchen, an indoor laundry area, a full bathroom, and 2 bedrooms. An additional flex space, ideal for an office or hobby room, adds to the unit's versatility.To enhance functionality and compliance, the property requires some essential updates. Electrical meters need to be added to both units for individualized usage tracking. (no electricity is currently hooked up to the property) A firewall is needed between the units to ensure safety and privacy, while separating the plumbing systems will add convenience and meet regulatory standards.Recognizing the need for these updates, the seller has strategically priced the property below market value. This creates an extraordinary opportunity for buyers looking to invest in a property with substantial potential. Whether you're a homeowner seeking additional income through rental opportunities or an investor with an eye for unlocking value, this property is a canvas for your vision.ALL OFFERS ARE ENCOURAGED! Property sold AS IS

Last Agent to Sell the Property

Lauren Lyons

Chipola Realty License #BK3204925 Listed on: 02/22/2024

Co-Listed By

Kathy Milton

Chipola Realty License #BK659573

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,164

Year Built

  • Built in 1982

Lot Details

  • 0.45 Acre Lot

Home Design

  • Duplex

Interior Spaces

  • 2,559 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Marianna K-8 Elementary And Middle School
  • Marianna High School

Community Details

  • No Home Owners Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,164

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Duplex
  • Lot Size Acres: 0.45
  • Lot Size: 140 X 150 Approximately
  • Co List Office Mls Id: C82
  • Co List Office Phone: (850) 482-7788
  • Subdivision Name: No Named Subdivision
  • Architectural Style: Duplex
  • Structure Type: Duplex
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Duplex
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Living Area: 2559.0
  • Dining Room Type: Bedroom, Full Bath, Kitchen, Laundry, Living Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Sewer Connected, Water Connected

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Association: No

Schools

  • Middle Or Junior School: Marianna K-8

Lot Info

  • Lot Size Sq Ft: 19689.0

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2164.3
  • Tax Year: 2023

MLS Schools

  • Elementary School: Marianna K-8
  • High School: Marianna

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Jul 17, 2024
Sold by
Shahjahan Mohammed and Shahjahan Runa
Bought by
Campbell Carey
Seller's Agent
Lauren Lyons
Chipola Realty
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$99,000
Sold Price
$99,000
Views
126
Current Estimated Value
$240,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,372
Avg. Annual Appreciation
122.37%
Original Mortgage
$96,030
Outstanding Balance
$95,053
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$145,319

Purchase Details

Listed on
Nov 19, 2019
Closed on
Nov 5, 2020
Sold by
Johnson Lamar and Baker Martha
Bought by
Shahjahan Mohammed and Shahjahan Runa
Seller's Agent
Lauren Lyons
Chipola Realty
Buyer's Agent
Lauren Lyons
Chipola Realty
List Price
$84,900
Sold Price
$45,000
Premium/Discount to List
-$39,900
-47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.75%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Campbell Carey $99,000 Anchor Title
Shahjahan Mohammed $45,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell Carey $96,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $99,000 0.0% $39 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $99,000 +120.0% $39 / Sq Ft
06/20/2022 06/20/22 Off Market $45,000 -- --
11/05/2020 11/05/20 Sold $45,000 -47.0% $29 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
11/19/2019 11/19/19 For Sale $84,900 -- $54 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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
2024 $2,714 $199,651 $10,500 $189,151
2023 $2,164 $143,365 $10,500 $132,865
2022 $1,814 $117,943 $10,500 $107,443
2021 $1,636 $103,387 $10,500 $92,887
2020 $623 $74,156 $0 $0
2019 $496 $54,462 $10,500 $43,962
2018 $493 $54,587 $0 $0
2017 $486 $54,126 $0 $0
2016 $473 $53,770 $0 $0
2015 $483 $53,774 $0 $0
2014 $480 $53,385 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 753251

Central Panhandle Association of REALTORS®

APN: 05-4N-10-0000-0760-0020