Seller's Agent in 2019
Larry Rice
KELLER WILLIAMS REALTY ATLANTIC PARTNERS
(904) 591-0360
5 in this area
42 Total Sales
506 Ocean Front Neptune Beach, FL 32266
Estimated Value: $1,048,000 - $1,860,117
4
Beds
3
Baths
1,920
Sq Ft
$741/Sq Ft
Est. Value
Highlights
- Ocean Front
- Deeded access to the beach
- Central Heating and Cooling System
- Duncan U. Fletcher High School Rated A-
About This Home
As of December 2019WOW! Under 900K for oceanfront property??? Oceanfront duplex just a short walk from the Atlantic Beach Town Center. So much fun out the back door. Bottom unit has a huge outdoor deck, pavers, and fire pit. Upstairs has oceanside deck, everybody wins. Great investment property for now, with both leases running into 2020. After that, live in one, rent the other! Would make an awesome vacation rental with all of the outstanding restaurants and bars a flip flop walk away. New roof in November of 2018. Unit A rent is $2,600 per month with a $3,100 deposit, lease expires 04/30/2020. Unit B rent is $1,740 per month, lease expires 08/31/2020. The security deposit is $1,825.
Last Agent to Sell the Property
KELLER WILLIAMS REALTY ATLANTIC PARTNERS License #3248515 Listed on: 10/10/2018
Last Buyer's Agent
LARRY RICE
KELLER WILLIAMS REALTY ATLANTIC PARTNERS License #3248515
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $24,073
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 26 x 225
- Ocean Front
Home Design
- Duplex
- Wood Frame Construction
- Shingle Roof
Interior Spaces
- 1,920 Sq Ft Home
- 2-Story Property
- Ocean Views
Kitchen
- Electric Oven
- Electric Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Schools
- Neptune Beach Elementary School
- Duncan Fletcher Middle School
- Duncan Fletcher High School
Additional Features
- Deeded access to the beach
- Central Heating and Cooling System
Community Details
- 2 Units
- Neptune Beach Subdivision
Listing and Financial Details
- Assessor Parcel Number 1727350000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2018
Closed on
Dec 31, 2019
Sold by
Schmitt Ryan M
Bought by
Mulligan Beach Llc
Seller's Agent
Larry Rice
KELLER WILLIAMS REALTY ATLANTIC PARTNERS
Buyer's Agent
LARRY RICE
KELLER WILLIAMS REALTY ATLANTIC PARTNERS
List Price
$925,000
Sold Price
$800,000
Premium/Discount to List
-$125,000
-13.51%
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
$622,779
Avg. Annual Appreciation
10.87%
Purchase Details
Closed on
Sep 28, 2001
Sold by
Melvor John W
Bought by
Schmitt Ryan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.89%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mulligan Beach Llc | $800,000 | Ponte Vedra Title Llc | |
| Schmitt Ryan M | $495,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schmitt Ryan M | $350,000 | |
| Previous Owner | Schmitt Ryan M | $203,000 | |
| Previous Owner | Schmitt Ryan M | $396,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/17/2023 12/17/23 | Off Market | $800,000 | -- | -- |
| 12/31/2019 12/31/19 | Sold | $800,000 | -13.5% | $417 / Sq Ft |
| 12/23/2019 12/23/19 | Pending | -- | -- | -- |
| 10/10/2018 10/10/18 | For Sale | $925,000 | -- | $482 / Sq Ft |
Source: realMLS (Northeast Florida Multiple Listing Service)
Tax History Compared to Growth
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 | $24,073 | $1,311,224 | -- | -- |
| 2024 | $19,810 | $1,616,110 | $1,441,960 | $174,150 |
| 2023 | $19,810 | $1,125,670 | $920,400 | $205,270 |
| 2022 | $17,476 | $1,099,182 | $920,400 | $178,782 |
| 2021 | $15,741 | $895,585 | $736,320 | $159,265 |
| 2020 | $14,657 | $828,902 | $674,960 | $153,942 |
| 2019 | $13,984 | $821,220 | $674,960 | $146,260 |
| 2018 | $12,467 | $688,836 | $552,240 | $136,596 |
| 2017 | $12,273 | $678,889 | $552,240 | $126,649 |
| 2016 | $9,654 | $566,123 | $0 | $0 |
| 2015 | $9,626 | $548,098 | $0 | $0 |
| 2014 | $9,663 | $544,491 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Larry Rice
Map
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 961728
APN: 172735-0000
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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