$75,000
SOLD NOV 16, 2021 RENTED SEP 23, 2024

5559 Verbena Rd Jacksonville, FL 32209

Magnolia Gardens Neighborhood
3 Beds
1 Bath
770 Sq Ft
8,668 Sq Ft Lot

Recently Sold

$97 Per Sq Ft

4% Below List Price

3 Days on Market

About This Home

As of November 2021

Investor Special!! Lock in 7% cash on cash returns on this property that is currently rented at $879/month until 4/30/22. No property tours or inspections until we have an executed PSA. Please do NOT disturb the tenant.

Last Agent to Sell the Property

Josh Roberts

SALT RUN REAL ESTATE License #3388781 Listed on: 10/06/2021

Last Buyer's Agent

PHIL AMATO

JAX INVEST REALTY LLC License #3075540

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $832

Year Built

  • Built in 1952

Interior Spaces

  • 770 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Magnolia Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0282220000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$832

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 1
  • Year Built: 1952
  • Road Surface Type: Asphalt
  • Subdivision Name: Magnolia Gardens
  • General Property Information Living Area2: 770.0
  • General Property Information Waterfront YN: No
  • Cooling Central Air: Yes
  • General Property Information Stories Total: 1
  • General Property Information Number Of Units Total2: 1.0
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 770.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront: No
  • Pool Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Heating:Central: Yes

Lot Info

  • Parcel #: 0282220000

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 16, 2021
Sold by
Jax Quality Properties Llc
Bought by
Ajx Properties Fl Llc
Seller's Agent
Josh Roberts
SALT RUN REAL ESTATE
Buyer's Agent
PHIL AMATO
JAX INVEST REALTY LLC
List Price
$77,900
Sold Price
$75,000
Premium/Discount to List
-$2,900
-3.72%
Current Estimated Value
$89,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,025
Avg. Annual Appreciation
4.73%
Original Mortgage
$765,000
Interest Rate
2.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Jax Quality Properties Llc

Purchase Details

Closed on
Apr 13, 2010
Sold by
Woods Michael A and City Of Jacksonville
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 31, 2010
Sold by
Woods Michael A
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 31, 2006
Sold by
Atlantic Enterprises Of Jacksonville Inc
Bought by
Woods Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,700
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2005
Sold by
Wells Fargo Bank Na
Bought by
Atlantic Enterprises Of Jacksonville Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
5.86%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 10, 2005
Sold by
Anthony Terry G and Case #16-2004-Ca-7783-Ma Cv-C
Bought by
Wells Fargo Bank Minnesota Na and Ameriquest Mortgage Securities Inc Float
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $850,000 Anchor Title Services Llc
Special Warranty Deed $10,500 None Available
Trustee Deed -- None Available
Trustee Deed -- None Available
Warranty Deed $73,000 Atlantic Land Title Of Jacks
Special Warranty Deed $46,600 --
Trustee Deed -- --
Trustee Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,801,000 New Conventional
Closed $1,216,000 New Conventional
Closed $765,000 Commercial
Previous Owner $24,480 Stand Alone Refi Refinance Of Original Loan
Previous Owner $65,700 Purchase Money Mortgage
Previous Owner $52,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Rented $1,200 0.0% --
09/06/2024 09/06/24 For Rent $1,200 0.0% --
12/17/2023 12/17/23 Off Market $75,000 -- --
11/16/2021 11/16/21 Sold $75,000 -3.7% $97 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $77,900 -- $101 / 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 $832 $36,354 $11,272 $25,082
2024 $832 $36,677 $11,272 $25,405
2023 $783 $34,543 $10,645 $23,898
2022 $691 $29,919 $8,141 $21,778
2021 $607 $24,278 $7,514 $16,764
2020 $573 $22,198 $7,828 $14,370
2019 $550 $21,316 $7,828 $13,488
2018 $0 $19,196 $7,828 $11,368
2017 $0 $19,075 $7,828 $11,247
2016 $125 $20,230 $0 $0
2015 -- $21,820 $0 $0
2014 -- $21,795 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    MARINA CAUTHEN

    RETUS GROUP

    Section Image

  • J

    Seller's Agent in 2021

    Josh Roberts

    SALT RUN REAL ESTATE

    Section Image

  • P

    Buyer's Agent in 2021

    PHIL AMATO

    JAX INVEST REALTY LLC

    (904) 476-5826

    11 in this area

    53 Total Sales

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1135102

realMLS (Northeast Florida Multiple Listing Service)

APN: 028222-0000

Florida Duval County Jacksonville 32209 Magnolia Gardens

5559 Verbena Rd, Jacksonville, FL

This home is located at 5559 Verbena Rd, Jacksonville, FL 32209 and is currently priced at $75,000, approximately $97 per square foot. This property was built in 1952. 5559 Verbena Rd is a home located in Duval County with nearby schools including St. Clair Evans Academy, Matthew W. Gilbert Middle School, and William M. Raines High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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