NOT LISTED FOR SALE

5524 Gregg St Fernandina Beach, FL 32034

Estimated Value: $1,506,000 - $2,878,000

4 Beds
4 Baths
2,964 Sq Ft
$822/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $2,225,000 $751 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $15,381/month

67 Days on Market

Highlights

  • Ocean Front
  • Deck
  • No HOA
  • Emma Love Hardee Elementary School Rated A-
  • Furnished
  • Balcony

About This Home

As of August 2021

Direct Oceanfront on Amelia Island located in historic American Beach! This home has unbelievable views from almost every room in the house and even has a rooftop deck. Insulated concrete form construction and geothermal HVAC make this a truly unique home. Chefs dream Gourmet Kitchen with 48" Dacor Gas Cooktop, Sub-Zero 24 Cubic Ft Refrigerator, Pot Filler, Wine Cooler, Cherry Cabinets, Large Granite Counters with seating for 8. Kitchenette on Main Suite Level as well as Laundry Room. 5 DECKS and On Demand Rennai Gas Hot Water to all levels as well as an elevator shaft ready for a new elevator. Live here as your primary residence or rent it out as a vacation rental! 2020 rental income was $125K with only operating 9 months because of Covid 19 shutdowns.

Last Agent to Sell the Property

Eric Eppley

DIAMOND REALTY GROUP OF AMELIA License #3043439 Listed on: 04/30/2021

Last Buyer's Agent

Eric Eppley

DIAMOND REALTY GROUP OF AMELIA License #3043439 Listed on: 04/30/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,214

Year Built

  • Built in 2012

Lot Details

  • 7,601 Sq Ft Lot
  • Lot Dimensions are 152x50
  • Ocean Front
  • Property is zoned RS-2

Parking

  • 2 Car Garage

Home Design

  • Insulated Concrete Forms
  • Metal Roof

Interior Spaces

  • 2,964 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Insulated Windows

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Front Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Private Water Source
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • American Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-00-30-010C-0001-0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,214

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Road Frontage Type: Oceanfront
  • Lot Size Acres: 0.1745
  • Lot Size: 152x50
  • Road Surface Type: Paved
  • Subdivision Name: American Beach
  • Directions: From First Coast Highway turn onto Lewis. Turn Right on Gregg. Property on left.
  • Garage Yn: Yes
  • Year Built: 2012
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Residential
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Some Gas Appliances, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Stove, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Furnished, Central Vacuum
  • Living Area: 2964.0
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: ICFs (Insulated Concrete Forms)
  • Patio And Porch Features: Balcony, Rear Porch, Deck, Front Porch, Open, Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Two Car Garage

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Community/Coop, Private, Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 00-00-30-010C-0001-0050
  • Zoning: RS-2
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Aug 6, 2021
Sold by
Modie Richard Edwin and Modie Christine Margaret
Bought by
78 Sheridan Atlanta Llc
Seller's Agent
Eric Eppley
DIAMOND REALTY GROUP OF AMELIA
Buyer's Agent
Eric Eppley
DIAMOND REALTY GROUP OF AMELIA
List Price
$2,299,000
Sold Price
$2,225,000
Premium/Discount to List
-$74,000
-3.22%
Current Estimated Value
$2,436,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,754
Avg. Annual Appreciation
2.18%
Original Mortgage
$1,891,250
Outstanding Balance
$368,269
Interest Rate
3%
Mortgage Type
Assumption
Estimated Equity
$2,068,485
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
78 Sheridan Atlanta Llc $2,225,000 Pro Tech Title & Trust Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 78 Sheridan Atlanta Llc $1,891,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $2,225,000 -3.2% $751 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $2,299,000 -- $776 / 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 $31,214 $2,157,239 $900,000 $1,257,239
2023 $31,214 $2,001,561 $800,000 $1,201,561
2022 $25,856 $1,655,537 $675,000 $980,537
2021 $17,047 $1,137,082 $450,000 $687,082
2020 $14,042 $867,255 $400,000 $467,255
2019 $13,024 $794,655 $325,000 $469,655
2018 $12,240 $737,969 $0 $0
2017 $11,390 $740,069 $0 $0
2016 $10,886 $697,272 $0 $0
2015 $9,013 $606,658 $0 $0
2014 $8,985 $601,843 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Eppley

    Seller's Agent in 2021

    Eric Eppley

    DIAMOND REALTY GROUP OF AMELIA

    (904) 718-8534

    39 in this area

    65 Total Sales

    Eric Eppley
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Map

Source: Amelia Island - Nassau County Association of REALTORS®

MLS Number: 94907

APN: 00-00-30-010C-0001-0050

Florida Nassau County Fernandina Beach 32034

5524 Gregg St, Fernandina Beach, FL

This home is located at 5524 Gregg St, Fernandina Beach, FL 32034 since 30 April 2021 and is currently estimated at $2,436,754, approximately $822 per square foot. This property was built in 2012. 5524 Gregg St is a home located in Nassau County with nearby schools including Southside Elementary School, Emma Love Hardee Elementary School, and Fernandina Beach Middle School.

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