NOT LISTED FOR SALE

Estimated Value: $303,366 - $460,000

8 Beds
8 Baths
3,704 Sq Ft
$103/Sq Ft Est. Value

Last Sold July 28, 2016

Last sale price $135,000 $36 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $2,491/month

239 Days on Market

Highlights

  • 1 Fireplace
  • Wood Siding
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of July 2016

For sale here are a total of 2 buildings and 8 units. Each building is listed at $135,000 ($270,000 total). This listing is for 1 building (4 units). The property is partially rented with minimal rehab and leasing in process for the vacant units. Properties are being listed below recent comparable sales in the same complex at ''as is'' price. Price will increase once the property reaches 100% occupancy. Buy now to take advantage of the value add pricing. No historical financials available, but expenses can be disclosed. Typical unit rents for $600 per month. Owner/Broker: Principal of Seller is a Florida Licensed Real Estate Broker.

Last Agent to Sell the Property

Marc Hassan

SPECTRUM REALTY SERVICES License #3044743 Listed on: 11/19/2015

Last Buyer's Agent

Lance Gruny

UNITED REAL ESTATE GALLERY License #0685799

UNITED REAL ESTATE GALLERY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,680

Year Built

  • Built in 1984

Lot Details

  • 0.28

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,704 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • 4 Units
  • Indian Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0142734220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,680

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 1
  • Year Built: 1984
  • Property Sub Type: Quadruplex
  • Road Surface Type: Asphalt
  • Subdivision Name: Indian Lakes
  • General Property Information Living Area2: 3704.0
  • General Property Information Waterfront YN: No
  • General Property Information List PriceSqFt2: 36.45
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Refrigerators: Yes
  • General Property Information Stories Total: 1
  • General Property Information Number Of Units Total2: 4.0
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Owner Pays: Grounds Care, Insurance, Other Tax, Pest Control, Repairs
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3704.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Waterfront: No
  • Roof: Shingle
  • Pool Features: None
  • Construction Type: Frame, Wood Siding
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes

Utilities

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

Lot Info

  • Parcel #: 0142734220

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2015
Closed on
Jul 28, 2016
Sold by
Re Indian Lakes Llc
Bought by
Zalmanowitz Nimrod
Seller's Agent
Marc Hassan
SPECTRUM REALTY SERVICES
Buyer's Agent
Lance Gruny
UNITED REAL ESTATE GALLERY
List Price
$129,900
Sold Price
$135,000
Premium/Discount to List
$5,100
3.93%
Current Estimated Value
$382,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,092
Avg. Annual Appreciation
11.78%
Original Mortgage
$94,500
Outstanding Balance
$75,546
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$306,546

Purchase Details

Closed on
Jan 22, 2013
Sold by
Simpson John F and Thompson Rajaiah Ann
Bought by
Re Indian Lakes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 2011
Sold by
Us Bank National Association
Bought by
Simpson John F and Thompson Rajaiah Ann

Purchase Details

Closed on
Jan 13, 2011
Sold by
Daniel Jeffrey
Bought by
Us Bank National Association

Purchase Details

Closed on
Feb 2, 2006
Sold by
Ritzert Gregory A
Bought by
Daniel Jeffrey and Daniel Jeffrey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 1998
Sold by
Levinson Kalman and Levinson Judith
Bought by
Ritzert Gregory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zalmanowitz Nimrod $135,000 Attorney
Re Indian Lakes Llc $360,000 Attorney
Simpson John F $40,500 Rels Title
Us Bank National Association -- None Available
Daniel Jeffrey $317,000 Sheffield & Boatright Title
Ritzert Gregory A $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zalmanowitz Nimrod $94,500
Previous Owner Re Indian Lakes Llc $390,000
Previous Owner Daniel Jeffrey $206,000
Previous Owner Ritzert Gregory A $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $135,000 -- --
07/28/2016 07/28/16 Sold $135,000 +3.9% $36 / Sq Ft
07/15/2016 07/15/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $129,900 -- $35 / 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 $5,680 $261,775 -- --
2024 $5,321 $349,013 $100,000 $249,013
2023 $5,321 $326,918 $65,000 $261,918
2022 $4,602 $292,978 $65,000 $227,978
2021 $3,988 $201,961 $25,000 $176,961
2020 $3,773 $194,004 $40,000 $154,004
2019 $3,458 $163,013 $25,000 $138,013
2018 $3,146 $134,335 $20,000 $114,335
2017 $3,108 $130,739 $18,000 $112,739
2016 $2,953 $120,029 $0 $0
2015 $3,029 $121,948 $0 $0
2014 $3,094 $124,066 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 802185

realMLS (Northeast Florida Multiple Listing Service)

APN: 014273-4220