L
Seller's Agent in 2025
LEANA HUNTER
EMERALD REALTY PARTNERS CORP
(904) 300-6135
2 in this area
32 Total Sales
38 E 16th St Jacksonville, FL 32206
Springfield Neighborhood
7
Beds
4
Baths
3,468
Sq Ft
5,227
Sq Ft Lot
Highlights
- The property is located in a historic district
- Balcony
- Laundry Facilities
- Furnished
- Central Heating and Cooling System
- Vinyl Flooring
About This Home
As of September 2025Fully renovated 4-unit property in the heart of Springfield. Three units are operating as successful Airbnbs, each bringing in $1,600-$1,700/month. The fourth unit is rented at $950/month on a month-to-month lease. Total monthly income: ~$5,900 with potential to increase.
Each unit is separately metered for electric; owner pays water. All units have updated kitchens, bathrooms, HVACs, and modern finishes. Laundry on-site. Street parking available. Located minutes from Downtown, Main Street, and UF Health.
Investment Highlights:
List Price: $525,000
Gross Monthly Income: ~$5,900
Gross Annual Income: ~$70,800
Estimated Annual Expenses (taxes, insurance, water, maintenance): ~$13,100
Estimated Net Operating Income (NOI): ~$57,700
Estimated Cap Rate: ~11%
Perfect for investors looking for a performing asset with upside. Property is fully occupied and generating income from day one.
Last Agent to Sell the Property
EMERALD REALTY PARTNERS CORP License #3278648 Listed on: 05/09/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,933
Year Built
- Built in 1929
Lot Details
- 5,227 Sq Ft Lot
- Irregular Lot
Parking
- On-Street Parking
Home Design
- Quadruplex
- Brick Exterior Construction
Interior Spaces
- 3,468 Sq Ft Home
- 2-Story Property
- Furnished
- Vinyl Flooring
Kitchen
- Electric Oven
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Full Bathrooms
Additional Features
- Balcony
- The property is located in a historic district
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number 0448340000
Community Details
Overview
- 4 Units
- Springfield Subdivision
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 9, 2025
Closed on
Sep 18, 2025
Sold by
Sapphire Homes Llc
Bought by
Bennett Dondeagio
Seller's Agent
LEANA HUNTER
EMERALD REALTY PARTNERS CORP
Buyer's Agent
Scott McAnany
VREELAND REAL ESTATE LLC
List Price
$525,000
Sold Price
$495,000
Premium/Discount to List
-$30,000
-5.71%
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,667
Avg. Annual Appreciation
-23.75%
Original Mortgage
$505,642
Outstanding Balance
$504,279
Interest Rate
6.56%
Mortgage Type
VA
Estimated Equity
-$58,946
Purchase Details
Closed on
Dec 11, 2023
Sold by
Prattis Investments Llc
Bought by
Sapphire Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
7.76%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 13, 2023
Closed on
May 11, 2023
Sold by
Davis Steven
Bought by
Prattis Investments Llc
Seller's Agent
Antoinette Jackson
FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT
Buyer's Agent
LEANA HUNTER
EMERALD REALTY PARTNERS CORP
List Price
$350,000
Sold Price
$250,000
Premium/Discount to List
-$100,000
-28.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.36%
Original Mortgage
$318,130
Interest Rate
6.27%
Mortgage Type
Balloon
Purchase Details
Listed on
Sep 15, 2016
Closed on
Nov 18, 2016
Sold by
Euclidian Inc
Bought by
Davis Steven
Seller's Agent
Hailing Zhong
CENTURY 21 LIGHTHOUSE REALTY
Buyer's Agent
LAURETTA EASON
FLORIDA HOMES REALTY & MTG LLC
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%
Original Mortgage
$122,500
Interest Rate
3.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 20, 2009
Sold by
Sneed Hodges H
Bought by
Us Bank National Association
Purchase Details
Closed on
Feb 12, 2009
Sold by
Us Bank National Association
Bought by
Euclidian Inc
Purchase Details
Closed on
Dec 8, 2008
Sold by
Sneed Hodges H
Bought by
Us Bank National Association
Purchase Details
Closed on
Jun 5, 2008
Sold by
Olinger Robert
Bought by
Capstone Funding Florida Llc
Purchase Details
Closed on
Jul 7, 2006
Sold by
Mason Barbara W and Shaw Mamie I
Bought by
Household Finance Corp Iii
Purchase Details
Closed on
Aug 8, 2005
Sold by
Luellen Matthew D
Bought by
Sneed Hodges H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 10, 1996
Sold by
Shaw Mamie I
Bought by
Mason Barbara W
Purchase Details
Closed on
Sep 26, 1995
Sold by
Johnigean Michael J
Bought by
Luellen Matthew D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,900
Interest Rate
7.93%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 28, 1995
Sold by
Hines H Lester
Bought by
Johnigean Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
8%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 29, 1994
Sold by
Miller Helen Parramore and Beckham Mary Parramore
Bought by
Hines H Lester
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 | $495,000 | Nu World Title | |
| Warranty Deed | $100 | Global Title Professionals | |
| Warranty Deed | $250,000 | Omega National Title Agency | |
| Warranty Deed | $175,000 | Mti Title Insurance Agency I | |
| Trustee Deed | -- | None Available | |
| Special Warranty Deed | $38,000 | Attorney | |
| Trustee Deed | $200 | None Available | |
| Warranty Deed | $225,300 | Attorney | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $210,000 | All Florida Title Svcs Inc | |
| Individual Deed | $100 | -- | |
| Warranty Deed | $28,000 | -- | |
| Warranty Deed | $20,000 | -- | |
| Quit Claim Deed | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $505,642 | VA | |
| Previous Owner | $375,000 | New Conventional | |
| Previous Owner | $318,130 | Balloon | |
| Previous Owner | $122,500 | New Conventional | |
| Previous Owner | $168,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $60,900 | FHA | |
| Previous Owner | $10,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/18/2025 09/18/25 | Sold | $495,000 | -5.7% | $143 / Sq Ft | |
| 05/09/2025 05/09/25 | For Sale | $525,000 | +110.0% | $151 / Sq Ft | |
| 12/17/2023 12/17/23 | Off Market | $250,000 | -- | -- | |
| 12/17/2023 12/17/23 | Off Market | $175,000 | -- | -- | |
| 05/12/2023 05/12/23 | Sold | $250,000 | -28.6% | $72 / Sq Ft | View Prior Sale |
| 04/03/2023 04/03/23 | Pending | -- | -- | -- | |
| 03/13/2023 03/13/23 | For Sale | $350,000 | +100.0% | $101 / Sq Ft | |
| 11/18/2016 11/18/16 | Sold | $175,000 | -12.1% | $50 / Sq Ft | View Prior Sale |
| 09/28/2016 09/28/16 | Pending | -- | -- | -- | |
| 09/15/2016 09/15/16 | For Sale | $199,000 | -- | $57 / Sq Ft |
Source: realMLS (Northeast Florida Multiple Listing Service)
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 |
|---|---|---|---|---|
| 2026 | $6,630 | $290,440 | $17,578 | $272,862 |
| 2025 | $5,933 | $294,007 | $17,578 | $276,429 |
| 2024 | $5,933 | $291,556 | $17,578 | $273,978 |
| 2023 | $4,841 | $248,298 | $12,238 | $236,060 |
| 2022 | $4,127 | $201,906 | $6,230 | $195,676 |
| 2021 | $3,887 | $180,663 | $6,230 | $174,433 |
| 2020 | $3,779 | $173,466 | $5,118 | $168,348 |
| 2019 | $3,658 | $164,202 | $4,672 | $159,530 |
| 2018 | $3,493 | $153,614 | $4,450 | $149,164 |
| 2017 | $3,303 | $141,431 | $3,560 | $137,871 |
| 2016 | $2,492 | $98,069 | $0 | $0 |
| 2015 | $2,403 | $95,054 | $0 | $0 |
| 2014 | $2,334 | $96,024 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
LEANA HUNTER
-
Scott McAnany
Buyer's Agent in 2025
Scott McAnany
VREELAND REAL ESTATE LLC
(904) 347-7690
1 in this area
95 Total Sales
-
Antoinette Jackson
Seller's Agent in 2023
Antoinette Jackson
FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT
(904) 401-7858
3 in this area
81 Total Sales
-
Hailing Zhong
Seller's Agent in 2016
Hailing Zhong
CENTURY 21 LIGHTHOUSE REALTY
(904) 210-1555
7 in this area
25 Total Sales
-
L
Buyer's Agent in 2016
LAURETTA EASON
FLORIDA HOMES REALTY & MTG LLC
Map
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 2086660
APN: 044834-0000
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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