NOT LISTED FOR SALE

Estimated Value: $469,282 - $836,000

1 Bed
1 Bath
1,324 Sq Ft
$507/Sq Ft Est. Value

Last Sold September 12, 2016

Last sale price $195,000 $147 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $3,983/month

27 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 4-minute walk to Project SWING Park
  • Ketterlinus Elementary School Rated A

About This Home

As of September 2016

Your downtown turn key investment is here with this easily maintained 2 story duplex. Live worry free and sit back and collect the income as this home has all the high ticket repairs already done to it. The roof was replaced with a metal roof back in 2005 and the air compressors were replaced back in 2011 and 2014. Also the home is on a transferable termite bond with Florida Pest Control and each unit has its own electric meter. The home is in historic downtown & close to the bay front and fort. This property is close to Flagler College for the demand of stable renting. Should you fancy it, the home also has a staircase making it easily converted back to a single family residence. This is truly a remarkable opportunity with a lot of flexibility. Both units have great rental history.

Last Agent to Sell the Property

RYAN FORD

WATSON REALTY CORPORATION License #3244971 Listed on: 07/18/2016

Last Buyer's Agent

NON MLS

NON MLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,920

Home Design

  • Duplex
  • Wood Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,324 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 2 Units
  • St Augustine Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2060800000

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Year Built: 1910
  • Property Sub Type: Duplex
  • Road Surface Type: Concrete
  • Subdivision Name: St Augustine
  • General Property Information Living Area2: 1324.0
  • General Property Information Waterfront YN: No
  • General Property Information List PriceSqFt2: 158.53
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Stories Total: 2
  • General Property Information Number Of Units Total2: 2.0
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Wood
  • Living Area: 1324.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Waterfront: No
  • Roof: Metal
  • Pool Features: None
  • Construction Type: Frame, Shell Dash, Stucco
  • Construction Materials:Frame: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, On Street
  • Parking Features:Assigned: Yes
  • Parking Features:On Street: Yes
  • Parking Features:Other10: 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

Lot Info

  • Parcel #: 2060800000

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2020
Sold by
Latorre Kalindi Dasi and Latorre Raman Samuel
Bought by
5 Riberia St Llc
Current Estimated Value
$671,571

Purchase Details

Listed on
Jul 18, 2016
Closed on
Sep 12, 2016
Sold by
Cerotzke Kenneth J and Cerotzke Marcia J
Bought by
Latorre Raman Samuel and Latorre Dhruva Steven
Seller's Agent
RYAN FORD
WATSON REALTY CORPORATION
Buyer's Agent
NON MLS
NON MLS
List Price
$209,900
Sold Price
$195,000
Premium/Discount to List
-$14,900
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.22%

Purchase Details

Closed on
Dec 9, 2004
Sold by
Kordic John
Bought by
Cerotzke Kenneth J and Cerotzke Marcia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,100
Interest Rate
4.75%
Mortgage Type
Commercial
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
5 Riberia St Llc -- Attorney
Latorre Raman Samuel $195,000 Action Title Services Of St
Cerotzke Kenneth J $203,000 Associated Land Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cerotzke Kenneth J $142,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $195,000 -- --
09/12/2016 09/12/16 Sold $195,000 -7.1% $147 / Sq Ft
08/14/2016 08/14/16 Pending -- -- --
07/18/2016 07/18/16 For Sale $209,900 -- $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 $5,573 $333,789 $128,040 $205,749
2024 $5,573 $327,085 $128,040 $199,045
2023 $5,573 $314,160 $128,040 $186,120
2022 $5,142 $294,658 $107,554 $187,104
2021 $4,564 $230,829 $0 $0
2020 $4,320 $216,456 $0 $0
2019 $4,277 $208,299 $0 $0
2018 $4,329 $209,881 $0 $0
2017 $3,668 $175,575 $91,228 $84,347
2016 $3,283 $153,423 $0 $0
2015 $3,090 $141,048 $0 $0
2014 $2,883 $132,894 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 835170

realMLS (Northeast Florida Multiple Listing Service)

APN: 206080-0000