NOT LISTED FOR SALE

5305 Eulace Rd Jacksonville, FL 32210

Ortega Neighborhood

Estimated Value: $274,000 - $452,000

11 Beds
9 Baths
5,824 Sq Ft
$65/Sq Ft Est. Value

Last Sold February 25, 2019

Last sale price $415,000 $71 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,566/month

46 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property
  • Brick or Stone Veneer

About This Home

As of February 2019

Fabulous investment property featuring two brick/block duplex buildings and one all brick single family home for a total of 5 rental units. The buildings and grounds are beautifully maintained and make a very desirable 100% occupancy rental portfolio investment. Conveniently located near Naval Air Station Jax with close access to I-295, this property features 1.65 park-like acres, and includes a 610 ft deep well for irrigation, 700 sq ft detached garage/workshop & additional storage buildings. All units are well-maintained. Interior photos are of duplex unit 3 just prior to new tenant in Oct 2018. Metal roofs were installed in 2007. Please do not disturb tenants during drive-by viewings. Call today for more information!

Last Agent to Sell the Property

Gina Coy, PA

FLORIDA HOMES REALTY & MTG LLC License #3224510 Listed on: 12/13/2018

FLORIDA HOMES REALTY & MTG LLC

Last Buyer's Agent

SUSAN DONNELL

MILLER & COMPANY REAL ESTATE License #3026941

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,029

Lot Details

  • 1.06

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Assigned Parking

Home Design

  • Duplex
  • Brick or Stone Veneer
  • Wood Frame Construction
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 5,824 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms

Schools

  • Timucuan Elementary School
  • Westside Middle School
  • Westside High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • 5 Units
  • Ortega Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1031320030/1031320010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,029

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Stories: 1
  • Property Sub Type: Duplex
  • Road Surface Type: Asphalt
  • Subdivision Name: Ortega Farms
  • General Property Information Living Area2: 5824.0
  • General Property Information Waterfront YN: No
  • General Property Information Carport Spaces2: 2.0
  • General Property Information List PriceSqFt2: 77.27
  • Cooling Central Air: Yes
  • Water Source Public: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Flooring Vinyl: Yes
  • General Property Information Stories Total: 1
  • General Property Information Number Of Units Total2: 5.0
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Owner Pays: Water
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 11
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Living Area: 5824.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Waterfront: No
  • Roof: Metal
  • Pool Features: None
  • Construction Type: Brick Veneer, Concrete, Frame
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Concrete: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Covered
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Assigned: Yes
  • Parking Features:Covered: Yes

Utilities

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

Schools

  • Elementary School: Timucuan
  • High School: Westside High School
  • Middle Or Junior School: Westside

Lot Info

  • Parcel #: 1031320030/1031320010

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2018
Closed on
Feb 25, 2019
Sold by
Campolongo Christopher J
Bought by
Mark Riechmann Robert K and Mark Riecbmann Timothy
Seller's Agent
Gina Coy, PA
FLORIDA HOMES REALTY & MTG LLC
Buyer's Agent
SUSAN DONNELL
MILLER & COMPANY REAL ESTATE
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%
Current Estimated Value
$375,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,053
Avg. Annual Appreciation
-1.45%
Original Mortgage
$187,250
Outstanding Balance
$143,280
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$232,667
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
Mark Riechmann Robert K $250,000 Landmark Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mark Riechmann Robert K $187,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $415,000 -- --
02/25/2019 02/25/19 Sold $415,000 -7.8% $71 / Sq Ft
01/28/2019 01/28/19 Pending -- -- --
12/13/2018 12/13/18 For Sale $450,000 -- $77 / 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 $7,029 $365,862 $127,242 $238,620
2024 $6,706 $367,015 $119,000 $248,015
2023 $6,706 $367,847 $107,100 $260,747
2022 $5,873 $338,434 $83,300 $255,134
2021 $5,263 $259,670 $83,300 $176,370
2020 $5,062 $246,875 $77,350 $169,525
2019 $5,049 $242,217 $47,600 $194,617
2018 $4,804 $229,609 $47,600 $182,009
2017 $4,528 $216,585 $47,600 $168,985
2016 $4,170 $185,605 $0 $0
2015 -- $137,923 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Gina Coy, PA

    FLORIDA HOMES REALTY & MTG LLC

    Section Image

  • S

    Buyer's Agent in 2019

    SUSAN DONNELL

    MILLER & COMPANY REAL ESTATE

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 970588

realMLS (Northeast Florida Multiple Listing Service)

APN: 103132-0030

Florida Duval County Jacksonville 32210 Ortega

5305 Eulace Rd, Jacksonville, FL

Not Listed for Sale

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realMLS (Northeast Florida Multiple Listing Service) 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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