NOT LISTED FOR SALE

Estimated Value: $444,562 - $623,000

4 Beds
4 Baths
2,332 Sq Ft
$224/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $425,000 $182 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,463/month

41 Days on Market

About This Home

As of January 2023

4 1 bedroom unit apartments. Month to month leases in 3 units. 4th unit is an operating Short-term rental sold fully furnished. AirBNB listing conveys. AirBNB Occupancy Data available on request. Currently 40% booked for December. Also listed as residential - MLS#1200687

Last Agent to Sell the Property

Lesley Vitel

KELLER WILLIAMS REALTY ATLANTIC PARTNERS License #3122294 Listed on: 11/15/2022

KELLER WILLIAMS REALTY ATLANTIC PARTNERS

Last Buyer's Agent

Laughlin Tucker

EXP REALTY LLC License #3454660

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,385

Year Built

  • Built in 1947

Lot Details

  • 7,710

Parking

  • Unassigned Parking

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 2,332 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Electric Water Heater

Community Details

  • 4 Units
  • Willow Brook Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0631270000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,385

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Year Built: 1947
  • Property Sub Type: Quadruplex
  • Road Surface Type: Paved
  • Subdivision Name: Willow Brook Terrace
  • General Property Information Living Area2: 2332.0
  • General Property Information Waterfront YN: No
  • General Property Information List PriceSqFt2: 225.13
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Refrigerators: Yes
  • General Property Information Stories Total: 2
  • Cooling WallWindow Unit(s): Yes
  • General Property Information Number Of Units Total2: 4.0
  • Owner Pays:Sewer2: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Owner Pays: Sewer, Water
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Living Area: 2332.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Waterfront: No
  • Roof: Shingle
  • Pool Features: None

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, Unassigned
  • Parking Features:Unassigned: Yes
  • Parking Features:Other10: Yes

Utilities

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

Lot Info

  • Parcel #: 0631270000

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Jan 24, 2023
Sold by
Norman Cynthia L
Bought by
Derovanesian Jack
Seller's Agent
Lesley Vitel
KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Buyer's Agent
Laughlin Tucker
EXP REALTY LLC
List Price
$525,000
Sold Price
$425,000
Premium/Discount to List
-$100,000
-19.05%
Current Estimated Value
$523,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,391
Avg. Annual Appreciation
7.64%
Original Mortgage
$417,302
Outstanding Balance
$404,161
Interest Rate
6.31%
Mortgage Type
FHA
Estimated Equity
$119,230

Purchase Details

Closed on
Jun 26, 2002
Sold by
Douglas Stephen A
Bought by
Norman Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
9%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Derovanesian Jack $425,000 --
Norman Cynthia L $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derovanesian Jack $417,302
Previous Owner Norman Cynthia L $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $425,000 -- --
01/25/2023 01/25/23 Sold $425,000 -19.0% $182 / Sq Ft
12/26/2022 12/26/22 Pending -- -- --
11/15/2022 11/15/22 For Sale $525,000 -- $225 / 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 $8,385 $469,898 $182,702 $287,196
2024 $7,234 $469,898 $113,625 $356,273
2023 $7,234 $469,898 $106,050 $363,848
2022 $5,781 $342,804 $106,050 $236,754
2021 $5,924 $391,776 $95,950 $295,826
2020 $5,413 $343,387 $95,950 $247,437
2019 $4,566 $230,868 $95,950 $134,918
2018 $4,382 $230,868 $80,800 $150,068
2017 $4,312 $243,694 $47,975 $195,719
2016 $3,874 $194,408 $0 $0
2015 $3,862 $207,198 $0 $0
2014 $3,312 $147,055 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1200685

realMLS (Northeast Florida Multiple Listing Service)

APN: 063127-0000