Seller's Agent in 2025
Brian Alterman
LEGACY REALTY GROUP LLC
(407) 900-3138
1 in this area
41 Total Sales
5838 Yellow Pine Ct Jacksonville, FL 32277
Arlington Manor Neighborhood
8
Beds
4
Baths
3,024
Sq Ft
6,098
Sq Ft Lot
Highlights
- No HOA
- Tile Flooring
- Central Heating and Cooling System
About This Home
As of January 2025🏡 Prime Investment Opportunity: Fully Renovated 8-Bedroom Multifamily Property Near Jacksonville University! 🏡 Are you on the hunt for an exceptional investment property in the fast-growing market of Jacksonville, FL? Look no further! This recently renovated 8-bedroom, 4-bath multifamily home is the perfect addition to your real estate portfolio. Located in close proximity to Jacksonville University (JU), this property offers immense potential for consistent rental income and strong returns. 🌟 Key Investment Highlights: ✅ 8 bedrooms and 4 bathrooms: With four individual 2-Bedroom / 1-Bath apartments, this property maximizes your rental income potential, ensuring a steady cash flow. ✅ Fully Renovated: Recent updated mean minimal maintenance costs and immediate rental-ready status. Start earning from day one with this turn-key investment!
Main Sewer plumbing was just replaced from the clean outs to the city sewer saving all future buyers almost $20,000 on a sewer replacement.
Proximity to Jacksonville University: Take advantage of the inevitable expansion of JU and the strong future upside in equity.
Kitchen with Granite Countertops: A modern kitchen with granite countertops, white wooden kitchen cabinets with dovetail drawers, and tile backsplash not only attracts tenants but also increases the property's overall value.
New White Vinyl Fencing: Enhanced security and curb appeal with brand-new professionally installed white vinyl fencing that fully encloses the property.
Ample Parking: With seven parking spaces on-site and located on a private road, you'll never worry about tenant parking issues.
New Roofing & Tree Removal: Enjoy peace of mind with a newly installed roof and removal of large trees overhanging the building, reducing short and long-term maintenance costs.
New AC Units: Tenant comfort and energy efficiency are prioritized with brand-new AC units. GE Stainless Steel Appliances: The addition of stainless steel appliances not only elevates the property's appeal but also enhances its durability.
Updated Plumbing and Electrical: Ensure smooth operations and reduced maintenance hassles with updated plumbing and electrical systems. Photos taken before tenants moved in.
Last Agent to Sell the Property
LEGACY REALTY GROUP LLC License #3425082 Listed on: 11/29/2024
Last Buyer's Agent
Dina Moeakiola
REDFIN CORPORATION License #3379924
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,587
Year Built
- Built in 1963
Lot Details
- 6,098 Sq Ft Lot
- Street terminates at a dead end
- Back Yard Fenced
Parking
- Unassigned Parking
Home Design
- Quadruplex
- Block Exterior
Interior Spaces
- 3,024 Sq Ft Home
- 2-Story Property
Kitchen
- Electric Oven
- Electric Range
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Electric Water Heater
Community Details
- No Home Owners Association
- 4 Units
- Floral Bluff Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 1132250100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2024
Closed on
Jan 22, 2025
Sold by
Sunshine State Apartments Llc
Bought by
Lago Dulce Properties Llc
Seller's Agent
Brian Alterman
LEGACY REALTY GROUP LLC
Buyer's Agent
Dina Moeakiola
REDFIN CORPORATION
List Price
$505,000
Sold Price
$480,000
Premium/Discount to List
-$25,000
-4.95%
Views
48
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,383
Avg. Annual Appreciation
-0.57%
Purchase Details
Closed on
Sep 21, 2021
Sold by
Yelpin Llc
Bought by
Sunshine State Apartments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 25, 2010
Sold by
Thirty Fellows Llc
Bought by
Yelpin Llc
Purchase Details
Closed on
Nov 10, 2006
Sold by
Kowitz Irvine and Kowitz Marie F
Bought by
Ammons Anthony and Ammons Kamlyn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.25%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $480,000 | None Listed On Document | |
| Warranty Deed | $391,000 | Title America Re Closings | |
| Corporate Deed | $57,100 | Mti Title Insurance Agency I | |
| Deed | $131,300 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $328,000 | Commercial | |
| Previous Owner | $155,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/22/2025 01/22/25 | Sold | $480,000 | -5.0% | $159 / Sq Ft |
| 11/29/2024 11/29/24 | For Sale | $505,000 | -- | $167 / Sq Ft |
Source: realMLS (Northeast Florida Multiple Listing Service)
Tax History Compared to Growth
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 | $6,862 | $339,568 | $19,818 | $319,750 |
| 2024 | $7,046 | $343,524 | $19,818 | $323,706 |
| 2023 | $7,046 | $359,703 | $18,294 | $341,409 |
| 2022 | $6,109 | $316,167 | $18,294 | $297,873 |
| 2021 | $2,543 | $103,871 | $9,147 | $94,724 |
| 2020 | $2,475 | $99,405 | $9,147 | $90,258 |
| 2019 | $2,413 | $94,517 | $9,147 | $85,370 |
| 2018 | $2,326 | $88,836 | $9,147 | $79,689 |
| 2017 | $2,232 | $82,677 | $9,147 | $73,530 |
| 2016 | $2,123 | $75,336 | $0 | $0 |
| 2015 | $2,066 | $71,012 | $0 | $0 |
| 2014 | $2,099 | $71,960 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Alterman
-
Dina Moeakiola
Buyer's Agent in 2025
Dina Moeakiola
REDFIN CORPORATION
(904) 305-7720
1 in this area
58 Total Sales
Map
Source: realMLS (Northeast Florida Multiple Listing Service)
MLS Number: 2058782
APN: 113225-0100
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.
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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