NOT LISTED FOR SALE

Fernandina Beach, FL 32034

Estimated Value: $321,000 - $351,000

2 Beds
2 Baths
767 Sq Ft
$290/mo HOA Fee

Last Sold August 15, 2016

Last sale price $139,900 $182 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,511/month

128 Days on Market

Highlights

  • Community Pool
  • Tennis Courts
  • Cooling Available
  • Emma Love Hardee Elementary School Rated A-
  • Screened Patio
  • Central Heating

About This Home

As of August 2016

This investment property has been completely remodeled and is in great condition. Located just a block from the beach right in the middle of Amelia Island. The current owners have it set up as a vacation rental and keep in booked over 80% of the time with both new customers and repeat customers who have stayed there in the past. The owners would like to sell the condo unit with the vacation rental business for an additional $15,000. The unit is already booked through August 2016. Included with the business are all the furnishings, vacation rental web-sites, supplies and business licenses required to maintain the vacation rental business. The business has been profitable every year and the financial records are available to qualified buyers. Buys should be prepared to put down at least 30% to qualify for a mortgage through Ever Bank or Well Fargo.

Last Agent to Sell the Property

Brad Martin

WATSON REALTY CORP. License #3307045 Listed on: 03/09/2016

Last Buyer's Agent

Brad Martin

WATSON REALTY CORP. License #3307045 Listed on: 03/09/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,622

Year Built

  • Built in 1983

Lot Details

  • 6

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2 Full Bathrooms
  • 767 Sq Ft Home
  • Ceiling Fan
  • Drapes & Rods
  • Blinds

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Patio

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 00-00-31-142L-0001-0040

Community Details

Overview

  • Association fees include insurance, trash
  • Amelia Landings Phase Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool
  • Water Sports

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,622

Year Built

Built in 1983

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Amelia Landings Phase
  • Directions: Head towards the Beach on Sadler take a right into Amelia Landing about 1/4 mile from the Beach. The unit is in the first building on the right next to pool.
  • Entry Level: 2
  • Year Built: 1983
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Stove, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Ceiling Fan(s)
  • Living Area: 767.0
  • Window Features: Aluminum Frames, Blinds, Drapes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: Community
  • Disclosures: Deed Restriction
  • Construction Type: Frame
  • Patio And Porch Features: Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: On Street

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Tennis Court(s), Water Sports, Pool
  • Association #2 Fee: 290.0
  • Association #2 Fee Frequency: Monthly
  • Association: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Trash

Lot Info

  • Parcel #: 00-00-31-142L-0001-0040
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
Aug 5, 2016
Sold by
Woodward Scott H and Woodward Lucille
Bought by
Miller Bruce A and Miller Gretchen
Seller's Agent
Brad Martin
WATSON REALTY CORP.
Buyer's Agent
Brad Martin
WATSON REALTY CORP.
List Price
$149,900
Sold Price
$139,900
Premium/Discount to List
-$10,000
-6.67%
Current Estimated Value
$339,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,730
Avg. Annual Appreciation
10.27%
Original Mortgage
$104,925
Outstanding Balance
$83,983
Interest Rate
3.41%
Mortgage Type
New Conventional
Estimated Equity
$255,647

Purchase Details

Closed on
Dec 31, 2012
Sold by
Lemmond Ronnie and Lemmond Donna
Bought by
Woodward Scott H and Woodward Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,450
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2002
Sold by
Rockefeller Carol Ann
Bought by
Lemmond Ronnie and Lemmond Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,530
Interest Rate
6.21%

Purchase Details

Closed on
Aug 8, 2001
Sold by
Kerlin Thomas M
Bought by
Rockefeller Carol Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,360
Interest Rate
7.1%
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
Miller Bruce A $139,900 Watson Title Svcs North Fl I
Woodward Scott H $93,500 Nassau Title Company
Lemmond Ronnie $86,000 First American Title Ins Co
Rockefeller Carol Ann $88,000 Accu Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Bruce A $104,925
Previous Owner Woodward Scott H $65,450
Previous Owner Lemmond Ronnie $87,530
Previous Owner Rockefeller Carol Ann $85,360
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $139,900 -6.7% $182 / Sq Ft
07/16/2016 07/16/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $149,900 -- $195 / Sq Ft
Source: Amelia Island - Nassau County Association of REALTORS®

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
2024 $4,622 $309,000 -- $309,000
2023 $4,622 $321,360 $0 $321,360
2022 $3,982 $284,280 $0 $284,280
2021 $3,361 $190,550 $0 $190,550
2020 $3,176 $180,250 $0 $180,250
2019 $2,979 $153,000 $0 $153,000
2018 $2,678 $139,650 $0 $0
2017 $2,323 $116,550 $0 $0
2016 $2,232 $110,250 $0 $0
2015 $2,256 $110,000 $0 $0
2014 $825 $81,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Brad Martin

    WATSON REALTY CORP.

See All Agents

Source: Amelia Island - Nassau County Association of REALTORS®

MLS Number: 68804

APN: 00-00-31-142L-0001-00C0

Florida Nassau County Fernandina Beach

32034

This home since 09 March 2016 and is currently estimated at $339,630, approximately $442 per square foot. This property was built in 1983. This home is a home located in Nassau County with nearby schools including Southside Elementary School, Emma Love Hardee Elementary School, and Fernandina Beach Middle School.

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