NOT LISTED FOR SALE

511 56th St E Jacksonville, FL 32208

Panama Park Neighborhood

Estimated Value: $71,217 - $140,000

2 Beds
1 Bath
571 Sq Ft
$190/Sq Ft Est. Value

Last Sold November 15, 2022

Last sale price $42,000 $74 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $656/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA
  • Property is Fully Fenced

About This Home

As of November 2022

Investors here is your next FLIP or BUY/HOLD Opportunity! The bones are here for an equity producing renovation.

Last Agent to Sell the Property

Elizabeth Howell

HOUSE AND HOME REALTY License #3185498 Listed on: 10/17/2022

Last Buyer's Agent

NON MLS

NON MLS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • Lot Dimensions are 50 x 100
  • Property is Fully Fenced

Home Design

  • Traditional Architecture

Interior Spaces

  • 571 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • North Shore Elementary School
  • Matthew Gilbert Middle School
  • Jean Ribault High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Panama Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0335970000

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 1949
  • Property Sub Type: Single Family Residence
  • Lot Size: 50 X 100
  • Subdivision Name: Panama Park
  • Architectural Style: Traditional
  • General Property Information Living Area2: 571.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • General Property Information List PriceSqFt2: 87.57
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Architectural Style Traditional: Yes
  • Fencing Fenced: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 571.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront: No
  • Fencing: Full
  • Pool Features: None
  • Exterior Features:Fencing - Full: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • Parking Features:Other10: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: One Time
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: One Time

Schools

  • Elementary School: North Shore
  • High School: Jean Ribault
  • Middle Or Junior School: Matthew Gilbert

Lot Info

  • Current Use: Residential, Single Family
  • Parcel #: 0335970000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2023
Sold by
Rincon Andres Esteban Sanchez
Bought by
Andes Properties Llc
Current Estimated Value
$108,304

Purchase Details

Listed on
Oct 17, 2022
Closed on
Nov 15, 2022
Sold by
511 E 56Th Land Trust
Bought by
Rincon Andres Esteban Sanc
Seller's Agent
Elizabeth Howell
HOUSE AND HOME REALTY
Buyer's Agent
NON MLS
NON MLS
List Price
$50,000
Sold Price
$42,000
Premium/Discount to List
-$8,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.47%

Purchase Details

Closed on
Jul 25, 2022
Sold by
Shawn Palmer
Bought by
511 E 56Th Land Trust

Purchase Details

Closed on
Mar 14, 2012
Sold by
Palmer Shawn L
Bought by
Tolbert Charles L
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
Andes Properties Llc $100 None Listed On Document
Andes Properties Llc $100 None Listed On Document
Rincon Andres Esteban Sanc $42,000 --
511 E 56Th Land Trust $5,000 Landmark Title
Tolbert Charles L $500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $42,000 -- --
11/15/2022 11/15/22 Sold $42,000 -16.0% $74 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/17/2022 10/17/22 For Sale $50,000 -- $88 / 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
2026 $1,075 $40,898 $15,352 $25,546
2025 $837 $36,481 $11,792 $24,689
2024 $808 $36,647 $11,792 $24,855
2023 $808 $34,859 $8,678 $26,181
2022 $647 $31,272 $6,230 $25,042
2021 $599 $25,419 $5,118 $20,301
2020 $552 $20,997 $5,118 $15,879
2019 $557 $21,008 $5,118 $15,890
2018 $554 $20,662 $5,118 $15,544
2017 $526 $18,853 $4,450 $14,403
2016 $541 $19,360 $0 $0
2015 $549 $19,443 $0 $0
2014 $542 $18,843 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Howell

    Seller's Agent in 2022

    Elizabeth Howell

    HOUSE AND HOME REALTY

    (904) 962-3106

    1 in this area

    45 Total Sales

    Elizabeth Howell
    Section Image

  • N

    Buyer's Agent in 2022

    NON MLS

    NON MLS

    NON MLS
    Section Image

  • 9

    Buyer's Agent in 2022

    99999 99999

    WATSON REALTY CORP

See All Agents

Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1196510

realMLS (Northeast Florida Multiple Listing Service)

APN: 033597-0000

Florida Duval County Jacksonville 32208 Panama Park

511 56th St E, Jacksonville, FL

Not Listed for Sale

Detached

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