NOT LISTED FOR SALE

Estimated Value: $306,500

2 Beds
1 Bath
908 Sq Ft
$338/Sq Ft Est. Value

Last Sold February 22, 2016

Last sale price $550,000 $606 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $2,381/month

235 Days on Market

Highlights

  • Ocean Front
  • Wooded Lot
  • 1-Story Property
  • River View
  • Cooling System Mounted To A Wall/Window

About This Home

As of February 2016

THIS IS A RIVER FRONT PROPERTY. THERE IS A VERY OLD HOME ON THE PROPERTY THAT IS RENTED. THE HOME HAS NO VALUE. THE PROPERTY HAS BEEN REZONED FOR A SUBDIVISION. THE BUYER WILL NEED TO REAPPLY FOR THE PERMITS. THE DOCK PERMIT HAS BEEN APPLIED FOR AND IS ON HOLD. THE TAX ROLLS SHOW 4.38 ACRES . THE OWNERS RECORDS SHOW 4.6 AND 4.85 ACRES. EXACT ACREAGE IS TO BE DETERMINED. REFER TO MLS NUMBER 622070. OWNER FINANCING WILL BE CONSIDERED.

Last Agent to Sell the Property

John Couch

CALMAC REALTY License #0192607 Listed on: 05/15/2015

Last Buyer's Agent

Jeremy Cady

COLDWELL BANKER VANGUARD REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,529

Year Built

  • Built in 1963

Lot Details

  • Ocean Front
  • Home fronts navigable water
  • Wooded Lot

Interior Spaces

  • 908 Sq Ft Home
  • 1-Story Property
  • River Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • Gilmore Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1129190000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,529

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 1
  • Year Built: 1963
  • Road Surface Type: Asphalt
  • Subdivision Name: Gilmore
  • General Property Information Living Area2: 908.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Stories Total: 2
  • Cooling WallWindow Unit(s): Yes
  • 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: 2
  • Living Area: 908.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront: Yes
  • Lot Features: Wooded
  • Pool Features: None
  • View: River
  • Other Structures: Other
  • Lot Features:Wooded: Yes
  • View:River: Yes
  • Waterfront Features:Navigable Water: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Parking Features:Other10: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes

Lot Info

  • Parcel #: 1129190000

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2024
Sold by
Dominant Assets Llc
Bought by
Wells Cove Llc
Current Estimated Value
$306,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$950,336
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2024
Sold by
Wells Arthur J
Bought by
Dominant Assets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$950,336
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2015
Closed on
Feb 22, 2016
Sold by
Miproperty Inc
Bought by
Wells Arthur J
Seller's Agent
John Couch
CALMAC REALTY
Buyer's Agent
Jeremy Cady
COLDWELL BANKER VANGUARD REALTY
List Price
$672,000
Sold Price
$550,000
Premium/Discount to List
-$122,000
-18.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
3.92%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 1, 2005
Sold by
Taylor Robert I
Bought by
Miproperty Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.23%
Mortgage Type
Seller Take Back
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 Buyer Sale Price Title Company
Wells Cove Llc $100 None Listed On Document
Wells Cove Llc $100 None Listed On Document
Dominant Assets Llc $1,260,000 Mti Title Insurance Agency
Dominant Assets Llc $1,260,000 Mti Title Insurance Agency
Wells Arthur J $550,000 Title America Real Estate Cl
Wells Arthur J -- Title America Real Estate Cl
Miproperty Inc $700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dominant Assets Llc $2,000,000
Closed Dominant Assets Llc $2,000,000
Previous Owner Wells Arthur J $440,000
Previous Owner Miproperty Inc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $550,000 -- --
02/22/2016 02/22/16 Sold $550,000 -18.2% $606 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
05/15/2015 05/15/15 For Sale $672,000 -- $740 / 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
2023 $8,529 $475,020 $475,020 $0
2022 $8,090 $475,020 $475,020 $0
2021 $8,313 $475,020 $475,020 $0
2020 $8,422 $478,319 $478,319 $0
2019 $8,545 $478,319 $478,319 $0
2018 $8,621 $478,319 $478,319 $0
2017 $8,660 $475,020 $475,020 $0
2016 $7,499 $475,020 $0 $0
2015 $7,539 $381,395 $0 $0
2014 $7,505 $375,506 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 626698

realMLS (Northeast Florida Multiple Listing Service)

APN: 112919-0000