NOT LISTED FOR SALE

Estimated Value: $406,000 - $958,000

4 Beds
2 Baths
2,384 Sq Ft
$266/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $200,000 $84 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $3,594/month

16 Days on Market

About This Home

As of July 2023

BACK ON MARKET, REDUCED! buyer wasn't able to perform Excellent Investment Opportunity and 1.6 miles to Historic Downtown St. Augustine, Flagler College, and shopping. Perfect for a Fix-N-Flip, Buy-n-Hold as a long-term investment. Own a part of history and secure your next investment opportunity with this multifamily house. MAKE AN OFFER

This duplex is not just any ordinary duplex. It is a ''National Historic Landmark'', for Zora Neale Hurston, known as a ''Harlem Renaissance'' writer and American folklorist who celebrated the African American culture of the Rural South. Hurston rented the upstairs when she visited. The PROPERTY DO NOT HAVE TO GO THROUGH HISTORIC COMMITTEE TO DO RENOVATIONS. Everything verified through the county.

The adjacent lot at 787 W.King is included with the the

Last Agent to Sell the Property

LAVARDIS ANDERSON

FLORIDA HOMES REALTY & MTG LLC License #3356446 Listed on: 05/18/2023

FLORIDA HOMES REALTY & MTG LLC

Co-Listed By

KHADIJAH REID

FLORIDA HOMES REALTY & MTG LLC License #3524242

Last Buyer's Agent

LAVARDIS ANDERSON

FLORIDA HOMES REALTY & MTG LLC License #3356446 Listed on: 05/18/2023

FLORIDA HOMES REALTY & MTG LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 5,227

Home Design

  • 2,384 Sq Ft Home
  • Duplex
  • Wood Frame Construction
  • Metal Roof
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Webster Elementary School
  • Murray Middle School
  • St. Augustine High School

Additional Features

  • Lot Dimensions are 83x90
  • Central Heating

Community Details

  • Mclaughlin Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1291100000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1930
  • Property Sub Type: Duplex
  • Lot Size: 83X90
  • Subdivision Name: Mclaughlin Acres
  • General Property Information Living Area2: 2384.0
  • General Property Information Waterfront YN: No
  • General Property Information List PriceSqFt2: 96.48
  • Water Source Public: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2384.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront: No
  • Roof: Metal
  • Construction Type: Frame, Stucco
  • Construction Materials:Frame: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • Parking Features:Other10: Yes

Utilities

  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes

Schools

  • Elementary School: Webster
  • High School: St. Augustine
  • Middle Or Junior School: Murray

Lot Info

  • Parcel #: 1291100000

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jul 24, 2023
Sold by
Stephens Pury and Stephens Andre
Bought by
M R I Investment Network Llc
Seller's Agent
LAVARDIS ANDERSON
FLORIDA HOMES REALTY & MTG LLC
Buyer's Agent
LAVARDIS ANDERSON
FLORIDA HOMES REALTY & MTG LLC
List Price
$249,000
Sold Price
$200,000
Premium/Discount to List
-$49,000
-19.68%
Current Estimated Value
$634,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,000
Avg. Annual Appreciation
60.77%
Original Mortgage
$283,507
Interest Rate
6.67%
Mortgage Type
Construction
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
M R I Investment Network Llc $200,000 Action Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner M R I Investment Network Llc $283,507
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $200,000 -- --
07/24/2023 07/24/23 Sold $200,000 -19.7% $84 / Sq Ft
06/03/2023 06/03/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $249,000 -- $104 / 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 $3,267 $210,208 $40,000 $170,208
2024 $3,267 $221,008 $35,490 $185,518
2023 $3,267 $216,310 $27,800 $188,510
2022 $752 $73,881 $0 $0
2021 $744 $71,729 $0 $0
2020 $745 $70,739 $0 $0
2019 $271 $69,149 $0 $0
2018 $727 $67,860 $0 $0
2017 $0 $66,464 $0 $0
2016 $734 $67,050 $0 $0
2015 -- $66,583 $0 $0
2014 -- $66,055 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1194502

realMLS (Northeast Florida Multiple Listing Service)

APN: 129110-0000