NOT LISTED FOR SALE

525 Ocean Ave Unit B Fernandina Beach, FL 32034

Estimated Value: $771,000 - $998,000

3 Beds
2 Baths
1,410 Sq Ft
$550/mo HOA Fee

Last Sold December 21, 2015

Last sale price $542,000 $384 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,050/month

29 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Furnished
  • Emma Love Hardee Elementary School Rated A-
  • Deck
  • Balcony

About This Home

As of December 2015

Live the Beach House lifestyle at this Ocean-Front property built by HGTV Dream Home Builder WH Gross. It is 1 of 4 units that share a private pool & costs (1st time any have been offered for sale). This property is sold fully furnished, has two ocean front decks, lockable storage rooms on each floor & large covered carport (52'x8.5'). This is a solid investment in a great island location that features an open floorplan in a well-constructed unit with Metal-roof, James Hardie exterior & Pella windows/doors. Enjoy the beach & watch island Surfers from your decks. Come visit to see all this Beach House has to offer! OPEN HOUSE Sat. 10-Noon.

Last Agent to Sell the Property

JOHN RAKER

CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST License #3313633 Listed on: 10/22/2015

CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST

Co-Listed By

John Holbrook

PINEYWOODS REALTY, LLC License #3117257

Last Buyer's Agent

Karen Werling

BERKSHIRE HATHAWAY HomeServices HWREI License #0575580

BERKSHIRE HATHAWAY HomeServices HWREI

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,024

Year Built

  • Built in 2008

Lot Details

  • Ocean Front

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1,410 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Storage
  • Ocean Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Balcony
  • Deck
  • Front Porch

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • Cable TV Available

Community Details

  • Association fees include insurance
  • Built by WHGross,HGTV Dream Home Builder

Listing and Financial Details

  • Assessor Parcel Number 00-00-31-164P-000B-0000

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,024

Year Built

Built in 2008

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront, Other, See Remarks
  • Co List Office Mls Id: PINEY
  • Subdivision Name: Not In a Subdivision
  • Directions: From Historic District, take Atlantic Ave. EAST, go LEFT onto Tarpon, go RIGHT onto W. 2nd Ave, go LEFT onto Ocean (on left).
  • Architectural Style: Other, Two Story
  • Carport Y N: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2008
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Other, Refrigerator, See Remarks, Stove, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Furnished, Other, See Remarks, Storage, Cable TV
  • Living Area: 1410.0
  • Window Features: Aluminum Frames, Insulated Windows, Other, See Remarks, Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Other, Private, See Remarks
  • Pool Private: Yes
  • View: Ocean
  • View: Yes
  • Disclosures: Deed Restriction
  • Builder Name: WHGross,HGTV Dream Home Builder
  • Construction Type: Fiber Cement, Frame, Other, See Remarks
  • Exterior Features: Other, See Remarks
  • Patio And Porch Features: Balcony, Deck, Front Porch, Other, See Remarks
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Covered, Carport, Other, See Remarks

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, See Remarks
  • Association #2 Fee: 550.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Other, See Remarks

Lot Info

  • Parcel #: 00-00-31-164P-000B-0000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2015
Closed on
Dec 21, 2015
Sold by
Casa De Familia Llc
Bought by
Oconnell Philip M and Oconnell Megan T
Seller's Agent
JOHN RAKER
CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST
Buyer's Agent
Karen Werling
BERKSHIRE HATHAWAY HomeServices HWREI
List Price
$575,000
Sold Price
$542,000
Premium/Discount to List
-$33,000
-5.74%
Current Estimated Value
$855,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,139
Avg. Annual Appreciation
4.73%
Original Mortgage
$424,800
Outstanding Balance
$328,829
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$526,310
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
Oconnell Philip M $542,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnell Philip M $424,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2015 12/21/15 Sold $542,000 -5.7% $384 / Sq Ft
11/21/2015 11/21/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $575,000 -- $408 / Sq Ft
Source: Amelia Island - Nassau County Association of REALTORS®

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 $12,024 $695,000 -- $695,000
2023 $12,024 $681,250 $0 $681,250
2022 $10,660 $650,000 $0 $650,000
2021 $9,506 $500,000 $0 $500,000
2020 $9,192 $471,250 $0 $471,250
2019 $9,529 $462,500 $0 $462,500
2018 $9,197 $452,500 $0 $0
2017 $8,720 $437,500 $0 $0
2016 $8,478 $418,750 $0 $0
2015 $5,229 $255,000 $0 $0
2014 $5,163 $250,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JOHN RAKER

    Seller's Agent in 2015

    JOHN RAKER

    CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COAST

    (904) 557-8054

    27 in this area

    30 Total Sales

    JOHN RAKER
    Section Image
  • John Holbrook

    Seller Co-Listing Agent in 2015

    John Holbrook

    PINEYWOODS REALTY, LLC

    (904) 415-0171

    108 in this area

    126 Total Sales

    John Holbrook
    Section Image
  • Karen Werling

    Buyer's Agent in 2015

    Karen Werling

    BERKSHIRE HATHAWAY HomeServices HWREI

    (904) 556-9549

    223 in this area

    290 Total Sales

    Karen Werling
    Section Image
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Map

Source: Amelia Island - Nassau County Association of REALTORS®

MLS Number: 67492

APN: 00-00-31-164P-000B-0000

Florida Nassau County Fernandina Beach 32034

525 Ocean Ave Unit B, Fernandina Beach, FL

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