NOT LISTED FOR SALE

502 S 16th St Fernandina Beach, FL 32034

Estimated Value: $352,000 - $387,000

3 Beds
1 Bath
936 Sq Ft
$401/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $350,000 $374 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,437/month

33 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Tile Flooring
  • Emma Love Hardee Elementary School Rated A-
  • Front Porch
  • Central Heating and Cooling System

About This Home

As of November 2022

UPDATE: NEW ROOF BEING INSTALLED. The perfect island bungalow. Centrally located in a peaceful neighborhood and less than two miles to the award-winning beaches of Amelia Island and Egans Creek's 300 acres of walking, biking and nature trails. Historic downtown, top rated schools, tennis, pickleball and the petanque fields of Central Park are all about a mile away. Its move-in ready yet so much can be done with it. Easy to add a second bath. Want a pool? No problem. The pet-friendly yard is over a quarter of an acre, fenced, NOT in a flood zone and framed by majestic Oaks. This charming, single story home features plenty of windows for natural light, along with tile and wood laminate flooring, a roomy carport, and a separate 7x7 utility area for washer, dryer and extra storage. (A covered walkway protects you from the rain from both the carport and the utility room to the house.) Make it your dream island paradise or rent it for $2300-$2600/month. Either way, an exceptional value. Come and see!

Last Agent to Sell the Property

Adele Suddes

CENTURY 21 MILLER ELITE LLC License #3436872 Listed on: 09/11/2022

CENTURY 21 MILLER ELITE LLC

Last Buyer's Agent

Adele Suddes

CENTURY 21 MILLER ELITE LLC License #3436872 Listed on: 09/11/2022

CENTURY 21 MILLER ELITE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,380

Year Built

  • Built in 1956

Lot Details

  • Back Yard Fenced
  • Wooded Lot

Parking

  • 1 Carport Space

Home Design

  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 000031150F00070130

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,380

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 1956
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Metes & Bounds
  • General Property Information Living Area2: 936.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Fencing Back Yard: Yes
  • Flooring Laminate: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour

Interior Features

  • Major Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Laminate, Tile
  • Living Area: 936.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Waterfront: No
  • Fencing: Back Yard
  • Roof: Shingle
  • Lot Features: Wooded
  • Pool Features: None
  • Construction Type: Block
  • Patio And Porch Features: Front Porch
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Construction Materials:Block: Yes

Garage/Parking

  • Carport Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Residential
  • Parcel #: 000031150F00070130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2022
Closed on
Nov 18, 2022
Sold by
Sab Group Llc
Bought by
Neumann David T and Macdonald Cheryl
Seller's Agent
Adele Suddes
CENTURY 21 MILLER ELITE LLC
Buyer's Agent
Adele Suddes
CENTURY 21 MILLER ELITE LLC
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$375,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,205
Avg. Annual Appreciation
2.44%
Original Mortgage
$332,500
Outstanding Balance
$322,171
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$53,034

Purchase Details

Listed on
Apr 23, 2015
Closed on
Nov 9, 2015
Sold by
Sand & Sun Ventures Llc
Bought by
Sab Group Llc
Seller's Agent
Pam Meyer
RE/MAX FIRST COAST
Buyer's Agent
Vann Simmons
COMPASS FLORIDA, LLC
List Price
$154,000
Sold Price
$136,000
Premium/Discount to List
-$18,000
-11.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.39%

Purchase Details

Listed on
Jan 22, 2015
Closed on
Feb 26, 2015
Sold by
Rowell Sheila Michelle and Odom Devon D
Bought by
Sand & Sun Ventures Llc
Seller's Agent
Kim George
RE/MAX STERLING AMELIA ISLAND
Buyer's Agent
Pam Meyer
RE/MAX FIRST COAST
List Price
$119,900
Sold Price
$99,750
Premium/Discount to List
-$20,150
-16.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.71%
Source: Public Records

Range of Values:

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Average Value
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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
Neumann David T $350,000 --
Sab Group Llc $136,000 Attorney
Sand & Sun Ventures Llc $99,800 Attorney
Sand & Sun Ventures Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Neumann David T $332,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $350,000 -- --
11/18/2022 11/18/22 Sold $350,000 -6.7% $374 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
09/11/2022 09/11/22 For Sale $375,000 +175.7% $401 / Sq Ft
11/09/2015 11/09/15 Sold $136,000 -11.7% $145 / Sq Ft
10/10/2015 10/10/15 Pending -- -- --
04/23/2015 04/23/15 For Sale $154,000 +54.4% $165 / Sq Ft
02/26/2015 02/26/15 Sold $99,750 -16.8% $107 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $119,900 -- $128 / 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
2024 $5,380 $308,821 $189,200 $119,621
2023 $5,380 $286,264 $172,000 $114,264
2022 $3,442 $226,080 $123,840 $102,240
2021 $3,092 $179,298 $90,093 $89,205
2020 $2,849 $157,349 $75,078 $82,271
2019 $2,693 $136,447 $60,062 $76,385
2018 $2,370 $116,595 $0 $0
2017 $2,139 $109,832 $0 $0
2016 $1,952 $96,428 $0 $0
2015 $1,561 $71,292 $0 $0
2014 $1,464 $64,811 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1188687

realMLS (Northeast Florida Multiple Listing Service)

APN: 00-00-31-150F-0007-0130