NOT LISTED FOR SALE

Estimated Value: $162,000 - $194,072

5 Beds
4 Baths
2,876 Sq Ft
$62/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $152,000 $53 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,174/month

24 Days on Market

Highlights

  • The property is located in a historic district
  • 1 Fireplace
  • Central Heating and Cooling System
  • Traditional Architecture
  • No HOA
  • 1-Story Property

About This Home

As of December 2022

Back on the market due to no fault of the seller! This beautiful property located in historic Panama Gardens neighborhood is every investor's dream come true! TWO homes on one parcel. Featuring a 3 bedroom/2 bath main house and 2 bedroom/2 bath guest house, this property has endless possibilities for use with one of the largest lots in the area. The yard is maintained with mature shrubs and has a convenient semi-circle drive. Complete with two carports and a courtyard, this investment property won't last long. Don't miss out on this rare opportunity to own two homes on one parcel in an area experiencing exceptional revitalization and growth. Cash Offers ONLY. Sold AS IS.

Last Agent to Sell the Property

Gary Elliott

WATSON REALTY CORP License #3508550 Listed on: 10/25/2022

WATSON REALTY CORP

Last Buyer's Agent

NON MLS

NON MLS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 0.81

Parking

  • 4 Car Garage

Home Design

  • Multigenerational Home
  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • 2,876 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Irregular Lot
  • The property is located in a historic district
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Panama Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0341500000

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 1937
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Panama Gardens
  • Architectural Style: Multi Generational, Traditional
  • General Property Information Living Area2: 2876.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • General Property Information List PriceSqFt2: 74.76
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Architectural Style Traditional: Yes
  • Lot Features Historic Area: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2876.0
  • ResoLivingAreaSource: PublicRecords
  • Fireplace Features:Fireplaces Total: 1

Exterior Features

  • Waterfront: No
  • Roof: Shingle
  • Lot Features: Historic Area
  • Pool Features: None

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Covered
  • General Property Information:Garage Spaces: 4.0
  • Parking Features:Covered: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Residential, Single Family
  • Parcel #: 0341500000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Dec 16, 2022
Sold by
Ispot Homebuyers Llc
Bought by
Wepo Investments Llc
Seller's Agent
Gary Elliott
WATSON REALTY CORP
Buyer's Agent
NON MLS
NON MLS
List Price
$250,000
Sold Price
$152,000
Premium/Discount to List
-$98,000
-39.2%
Current Estimated Value
$179,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,518
Avg. Annual Appreciation
5.66%
Original Mortgage
$213,800
Outstanding Balance
$206,974
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
-$27,456

Purchase Details

Closed on
Aug 21, 2017
Sold by
Harvey Shirley Owen and Harvey Forrest L
Bought by
Harvey Shirley Owen and Mesiano Michele Marie

Purchase Details

Closed on
Oct 18, 1996
Sold by
Harvey Shirley Owen and Harvey Forrest L
Bought by
Harvey Forrest L and Harvey Shirley Owen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Wepo Investments Llc $175,000 Monument Title & Escrow
Ispot Homeubyers Llc $152,000 Monument Title
Harvey Shirley Owen -- Attorney
Harvey Forrest L $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wepo Investments Llc $213,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $152,000 -- --
12/16/2022 12/16/22 Sold $152,000 -39.2% $53 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
10/25/2022 10/25/22 For Sale $250,000 -- $87 / 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 $2,800 $135,075 $46,743 $88,332
2024 $2,855 $135,767 $44,165 $91,602
2023 $2,855 $138,146 $26,015 $112,131
2022 $1,177 $89,590 $0 $0
2021 $1,158 $86,981 $0 $0
2020 $1,143 $85,781 $0 $0
2019 $1,143 $83,853 $0 $0
2018 $1,124 $82,290 $0 $0
2017 $1,104 $80,598 $0 $0
2016 $1,092 $78,941 $0 $0
2015 $1,099 $78,393 $0 $0
2014 $1,097 $77,771 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1182987

realMLS (Northeast Florida Multiple Listing Service)

APN: 034150-0000