NOT LISTED FOR SALE

Estimated Value: $346,000 - $629,000

7 Beds
7 Baths
6,936 Sq Ft
$69/Sq Ft Est. Value

Last Sold August 13, 2018

Last sale price $970,000 $140 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $2,963/month

17 Days on Market

Highlights

  • Wood Flooring
  • Elevator
  • Central Heating and Cooling System
  • Ketterlinus Elementary School Rated A
  • Accessibility Features

About This Home

As of August 2018

A building of historical significance and featuring modern day functional and zoning versatility is rarely found in today's market, but the offering of 92 Washington St. is exactly that. Comprised of three separately deeded condominiums a rooftop deck (plus 40*80' parking area), the building was taken down to the studs in 2005 and the updates included but were not limited to the plumbing, electrical, foam insulation between floors, a fire sprinkler system, and a new roof. In a city composed of many historical and architecturally significant buildings, the functionality of each unit within the walls of 92 Washington St. and the building itself are second to none. The CL 1 zoning makes short term rentals permissible offering a tremendous opportunity to further increase cash flow.

Last Agent to Sell the Property

John Whitesell

KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE License #3230565 Listed on: 05/15/2018

KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE

Last Buyer's Agent

NON MLS

NON MLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Home Design

  • Metal Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 6,936 Sq Ft Home
  • 4-Story Property
  • Fire Sprinkler System

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Lot
  • Assigned Parking

Utilities

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

Additional Features

  • Accessibility Features
  • Irregular Lot

Listing and Financial Details

  • Assessor Parcel Number 2080700010&2080700020&2080700030

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Units
  • Dumas Tract Subdivision

Amenities

  • Elevator

Building Details

  • Operating Expense $31,000
  • Net Operating Income $31,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 4
  • Year Built: 1908
  • Lot Size: .13
  • Road Surface Type: Asphalt
  • Subdivision Name: Dumas Tract
  • General Property Information Living Area2: 6936.0
  • General Property Information Waterfront YN: No
  • General Property Information List PriceSqFt2: 140.57
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Accessibility Features YN2: Yes
  • Appliances Refrigerators: Yes
  • Flooring Wood: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Security Features Fire Sprinkler System: Yes
  • Flooring Laminate: Yes
  • General Property Information Stories Total: 4
  • General Property Information Number Of Units Total2: 3.0
  • Gross Scheduled Income: 90000.0
  • Income And Expenses Operating Expense: 31000.0
  • Owner Pays:Sewer2: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Major Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Owner Pays: Sewer, Water
  • Full Bathrooms: 7
  • Total Bedrooms: 7
  • Flooring: Carpet, Laminate, Wood
  • Living Area: 6936.0
  • ResoLivingAreaSource: Plans
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Oven: Yes

Exterior Features

  • Waterfront: No
  • Roof: Metal
  • Lot Features: Irregular Lot
  • Pool Features: None
  • Construction Type: Concrete, Stucco
  • Construction Materials:Concrete: Yes
  • Lot Features:Irregular Lot: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Assigned, Parking Lot
  • Parking Features:Assigned: Yes
  • Parking Features:Parking Lot: Yes

Utilities

  • Utilities: Separate Electric Meters
  • Security: Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Amenities: Elevator(s)
  • Association: Yes

Association/Amenities

  • Association Amenities:Elevator(s): Yes

Lot Info

  • Parcel #: 2080700010&2080700020&2080700030

Multi Family

  • Annual Operating Expense: 31000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Aug 13, 2018
Sold by
Schroedeer Edward and Schroedeer Sharon
Bought by
92 Washington Street Llc
Seller's Agent
John Whitesell
KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE
Buyer's Agent
NON MLS
NON MLS
List Price
$975,000
Sold Price
$970,000
Premium/Discount to List
-$5,000
-0.51%
Current Estimated Value
$481,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$488,333
Avg. Annual Appreciation
-8.97%
Original Mortgage
$780,000
Outstanding Balance
$677,398
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
-$195,731

Purchase Details

Closed on
Aug 25, 2015
Sold by
Moslin Properties Llc
Bought by
Schroeder Edward and Schroeder Sharon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
92 Washington Street Llc $970,000 Ponte Vedra Title Llc
Schroeder Edward $725,000 Paradise Title St Augustine
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 92 Washington Street Llc $780,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $970,000 -- --
08/13/2018 08/13/18 Sold $970,000 -0.5% $140 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $975,000 -- $141 / 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 $5,633 $321,231 -- $321,231
2024 $5,633 $321,231 -- $321,231
2023 $5,633 $321,231 $0 $321,231
2022 $5,003 $265,700 $0 $265,700
2021 $4,584 $231,000 $0 $0
2020 $4,620 $231,000 $0 $0
2019 $4,529 $220,000 $0 $0
2018 $4,164 $201,000 $0 $0
2017 $4,080 $195,000 $0 $0
2016 $4,133 $195,000 $0 $0
2015 $4,592 $212,000 $0 $0
2014 -- $200,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 919028

realMLS (Northeast Florida Multiple Listing Service)

APN: 208070-0010