NOT LISTED FOR SALE

Estimated Value: $2,278,000 - $3,228,000

0.85 Acre
$3,353,984 Price per Acre
37,026 Sq Ft Lot

Last Sold February 22, 2013

Last sale price $550,000

Est. 418% increase in value since last sale

Current estimated payment $18,530/month

88 Days on Market

Highlights

  • Ocean Front
  • 0.85 Acre Lot
  • No HOA

About This Lot

As of February 2013

BANK OWNED!! BIG PRICE REDUCTION!!Incredible high lot on Ortega River!! Mature oaks, beautiful views and bulkhead add tremendous value to valuable lot located in the heart of the City. Convenient location to shopping, schools and downtown. Bring your builder and build on this .85 acre lot. Lot is ready to build on today!! Access to the St.Johns River, ICW and the Atlantic Ocean. Brand new construction right next door!!! BANK FINANCING AVAILABLE TO QUALIFIED BUYERS!!

Last Agent to Sell the Property

DAVID LANE

KELLER WILLIAMS REALTY ATLANTIC PARTNERS Listed on: 11/09/2012

Last Buyer's Agent

ANN MCAFEE

RE/MAX SPECIALISTS License #0128715

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $36,309

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 85' x 434'
  • Ocean Front
  • Home fronts navigable water
  • River Front

Schools

  • Ortega Elementary School
  • Lake Shore Middle School
  • Riverside High School

Community Details

  • No Home Owners Association
  • Ortega Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1013285005

Property Details

Property Type

Land

Est. Annual Taxes

$36,309

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 0.85
  • Lot Size: 85' X 434'
  • Road Surface Type: Asphalt
  • Subdivision Name: Ortega
  • General Property Information Waterfront YN: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Lot Size Acres: 0.85
  • Special Features: None

Exterior Features

  • Waterfront: Yes
  • Waterfront Features:Navigable Water: Yes
  • Waterfront Features:Ocean Front: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Ortega
  • High School: Riverside
  • Middle Or Junior School: Lake Shore

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 37026.0
  • Parcel #: 1013285005
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2012
Closed on
Feb 22, 2013
Sold by
Florida Capital Bank N A
Bought by
Mittauer Joseph A and Mittauer Elizabeth A
Seller's Agent
DAVID LANE
KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Buyer's Agent
ANN MCAFEE
RE/MAX SPECIALISTS
List Price
$696,000
Sold Price
$550,000
Premium/Discount to List
-$146,000
-20.98%
Current Estimated Value
$2,850,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,300,886
Avg. Annual Appreciation
14.26%

Purchase Details

Closed on
Nov 21, 2005
Sold by
Ortega Properties Investment Iii Llc
Bought by
Ortega Properties Investment Ii Llc
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
Mittauer Joseph A $1,000,000 Kendall Title Services Inc
Ortega Properties Investment Ii Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $550,000 -21.0% --
02/06/2013 02/06/13 Pending -- -- --
11/09/2012 11/09/12 For Sale $696,000 -- --
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 $36,309 $2,119,762 -- --
2024 $35,417 $2,060,022 -- --
2023 $35,417 $2,000,022 $0 $0
2022 $32,596 $1,941,769 $0 $0
2021 $32,505 $1,885,213 $0 $0
2020 $29,406 $1,656,366 $419,475 $1,236,891
2019 $29,836 $1,656,505 $419,475 $1,237,030
2018 $7,560 $419,475 $419,475 $0
2017 $8,740 $479,400 $479,400 $0
2016 $8,900 $479,400 $0 $0
2015 $9,057 $479,400 $0 $0
2014 $9,155 $479,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 642983

realMLS (Northeast Florida Multiple Listing Service)

APN: 101328-5005