NOT LISTED FOR SALE

Estimated Value: $730,000 - $834,000

3 Beds
2 Baths
1,572 Sq Ft
$510/mo HOA Fee

Last Sold July 12, 2021

Last sale price $645,000 $410 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,205/month

24 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Balcony
  • W. Douglas Hartley Elementary School Rated A
  • Furnished
  • Walk-In Closet

About This Home

As of July 2021

Here is a great opportunity to own one of only four 3 bedroom units in the highly sought after Ocean House Condo complex. These don't come on the
market often, and this particular unit has never been on the short term rental program. Minor renovations are needed, but rental income potential from 3
bedroom units like this is excellent. Every bedroom and the living room have great ocean views. All rooms have new impact resistant sliders leading out to
the private 60 foot long ocean view patio. Enter Ocean House Condo where you'll find ample parking. A secure, keypad activated front door opens to a spacious, inviting lobby where a private
elevator awaits to take you to your 3rd floor, flat style unit. Upon entering the 3rd floor, breathtaking Intracoastal views are available from the 3rd story
balcony which is a great place to take in a sunset. Stroll down the hall to unit 308 and enter this spacious 3/2 unit which boasts 1500+ square feet of living
space and ocean views from every room. The 60ft patio is a great place to relax and soak in the sunshine rich southern exposure offered from this unit.
Minor renovations are needed, but the heavy lifting has already been done as the windows, doors and HVAC have all recently been updated. The impact
windows and sliders are superb quality and were installed at the owners expense which was around $30,000. It's hard to find a 3 bedroom, ocean view
condo for this price where the HOA fees are only $400/month to boot. Ocean House definitely offers a lot of value compared to other condo complexes in
the area. Laundry is available on site, but this unit has it's own washer and dryer which is uncommon for this complex. Only one 3 bedroom unit is currently on the rental program here, and it's booked just about year round. For the condo buyer seeking quality and value, it's hard to beat Ocean House

Last Agent to Sell the Property

Stefanie Bernstein

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY License #3020230 Listed on: 05/30/2021

BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY

Last Buyer's Agent

Elizabeth Testa

RE/MAX SPECIALISTS License #3315172

RE/MAX SPECIALISTS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,869

Year Built

  • Built in 1974

Lot Details

HOA Fees

  • $510 Monthly HOA Fees

Parking

  • Unassigned Parking

Home Design

  • Entry on the 3rd floor
  • Membrane Roofing
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,572 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Tile Flooring

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Outdoor Features

  • Balcony

Schools

  • W. D. Hartley Elementary School
  • Gamble Rogers Middle School
  • Pedro Menendez High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1861550308

Community Details

Overview

  • Association fees include insurance, ground maintenance, pest control, sewer, trash, water
  • Ocean House Subdivision

Amenities

  • Laundry Facilities

Recreation

  • Community Beach Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,869

Year Built

Built in 1974

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Lot Size: Common
  • Road Surface Type: Asphalt
  • Subdivision Name: Ocean House
  • Architectural Style: Flat
  • Entry Level: 3
  • Efficiency: Appliances, Windows
  • General Property Information Living Area2: 1572.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Furnished: Furnished
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • General Property Information Stories Total: 3
  • General Property Information Entry Level2: 3.0
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Pantry, Primary Bathroom - Shower No Tub, Walk-In Closet(s)
  • Major Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Furnished: Furnished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1572.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Cooktop: Yes

Exterior Features

  • Waterfront: Yes
  • Exterior: Balcony
  • Roof: Membrane
  • Lot Features: Other
  • Waterfront Features: Navigable Water, Ocean Front
  • Construction Type: Concrete, Stucco
  • Exterior Features:Balcony: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Stucco: Yes
  • Waterfront Features:Navigable Water: Yes
  • Waterfront Features:Ocean Front: Yes
  • ConstructionSiding:Roof Membrane: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unassigned
  • Parking Features:Unassigned: Yes

Utilities

  • Utilities: Cable Connected, Other
  • Security: Secured Lobby
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 510.0
  • Association Fee Frequency: Monthly
  • Amenities: Beach Access, Laundry, Management - Full Time, Management - Part Time, Management- On Site
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 510.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash2: Yes
  • Association Fee Includes:Water2: Yes
  • Association Amenities:Laundry: Yes
  • Association Amenities:Beach Access: Yes

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Pest Control, Sewer, Trash, Water

Schools

  • Elementary School: W. D. Hartley
  • High School: Pedro Menendez
  • Middle Or Junior School: Gamble Rogers

Lot Info

  • Current Use: Multi-Family
  • Parcel #: 1861550308
  • Zoning Description: Condominium

Green Features

  • Green Energy Efficient:Windows: Yes
  • Green Energy Efficient:Appliances: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2021
Closed on
Jul 12, 2021
Sold by
Warner James Richard and Gray Lindsay Carter
Bought by
M & L Lady Lake Llc
Seller's Agent
Stefanie Bernstein
BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY
Buyer's Agent
Elizabeth Testa
RE/MAX SPECIALISTS
List Price
$650,000
Sold Price
$645,000
Premium/Discount to List
-$5,000
-0.77%
Current Estimated Value
$782,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,645
Avg. Annual Appreciation
4.66%

Purchase Details

Listed on
Oct 6, 2015
Closed on
Mar 31, 2016
Sold by
Scott Cheryl L and Scott Cheryl L
Bought by
Warner James Richard and Gray Lindsay Carter
Seller's Agent
David Kfoury
ENDLESS SUMMER REALTY
Buyer's Agent
David Kfoury
ENDLESS SUMMER REALTY
List Price
$399,000
Sold Price
$340,000
Premium/Discount to List
-$59,000
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.95%
Original Mortgage
$255,000
Interest Rate
3.62%
Mortgage Type
New Conventional
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
M & L Lady Lake Llc $645,000 Paradise Ttl Of St Augustine
Warner James Richard $340,000 Executive Title I Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Warner James Richard $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2023 12/17/23 Off Market $340,000 -- --
12/17/2023 12/17/23 Off Market $645,000 -- --
07/12/2021 07/12/21 Sold $645,000 -0.8% $410 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
05/31/2021 05/31/21 For Sale $650,000 +91.2% $413 / Sq Ft
04/08/2016 04/08/16 Sold $340,000 -14.8% $216 / Sq Ft View Prior Sale
03/08/2016 03/08/16 Pending -- -- --
10/06/2015 10/06/15 For Sale $399,000 -- $254 / 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 $7,869 $597,500 -- $597,500
2024 $7,869 $659,000 -- $659,000
2023 $7,869 $648,328 $0 $648,328
2022 $6,943 $540,000 $0 $540,000
2021 $4,098 $310,000 $0 $0
2020 $3,959 $296,000 $0 $0
2019 $4,150 $296,000 $0 $0
2018 $4,001 $282,000 $0 $0
2017 $4,079 $282,000 $0 $0
2016 $3,471 $243,000 $0 $0
2015 $3,127 $206,500 $0 $0
2014 $3,167 $206,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1112889

realMLS (Northeast Florida Multiple Listing Service)

APN: 186155-0308