NOT LISTED FOR SALE

Estimated Value: $3,007,961

5 Beds
3 Baths
1,894 Sq Ft
$1,588/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $686,000 $362 Per Sq Ft

Est. 338% increase in value since last sale

Current estimated payment $17,709/month

5 Days on Market

Highlights

  • Central Heating
  • Duncan U. Fletcher High School Rated A-
  • 4-minute walk to Oceanfront Park

About This Home

As of May 2021

Rare opportunity to own a great property in Jacksonville Beach. Currently a rental triplex, consisting of a main house and a detached converted 2 storey garage. On a corner lot of approx 2600 sf located across the street from public beach access and convenient to many Jax beach restaurants and gathering locations. Both buildings have new roofs and siding in 2019. The main house has new central AC and new electrical panel in 2020. The main house faces 1st St. and is a 3/1 with all tile floors, an inside laundry area, sun porch, and is approx 1150 SF. The converted garage faces 2nd Ave S and has a studio apartment down and a one bedroom accessible by an external staircase at the rear up. Garage units are heated/cooled by window units and do not have laundry facilities. Garage has a separate storage area. There is off-street parking on the 2nd ave side of the property. All 3 units have solid rental history and are currently leased through end of 2021 and/or into the 1st quarter of 2022. Current total rental revenue is $3000+ a month. Landlord pays for water. Tenants pay all other utilities. Attached photos are to show layout only.

Last Listed By

CAROL MCMENAMY

FLORIDA COASTAL JACKSONVILLE License #3198644 Listed on: 04/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,422

Year Built

  • Built in 1922

Lot Details

  • 2,526

Home Design

  • 1,894 Sq Ft Home
  • Triplex
  • Shingle Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating

Community Details

  • Pablo Beach South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1756030000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,422

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1922
  • Property Sub Type: Triplex
  • Subdivision Name: Pablo Beach South
  • Sewer:Public Sewer: Yes
  • Appliances Refrigerators: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront: No
  • Roof: Shingle
  • Other Structures: Other

Utilities

  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Lot Info

  • Parcel #: 1756030000

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
May 25, 2021
Sold by
Prabhu Vishal and Nayak Shilpa
Bought by
For His Ultimate Glory Llc
Seller's Agent
CAROL MCMENAMY
FLORIDA COASTAL JACKSONVILLE
Buyer's Agent
Holly Reaves
ENGEL & VOLKERS FIRST COAST
List Price
$650,000
Sold Price
$686,000
Premium/Discount to List
$36,000
5.54%
Total Days on Market
5
Current Estimated Value
$3,007,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,321,961

Purchase Details

Listed on
Jan 17, 2013
Closed on
Jul 3, 2013
Sold by
2111 Third Street Corp
Bought by
Prabhu Vishal and Nayak Shilpa
Seller's Agent
Jan Shields
WATSON REALTY CORP
Buyer's Agent
BILL BACHER
FLORIDA REGIONAL REALTY CORP
List Price
$420,000
Sold Price
$338,071
Premium/Discount to List
-$81,929
-19.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$253,500
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
Everett Craig A and Everett Diana M
Bought by
2111 Third St Corp

Purchase Details

Closed on
Jan 16, 2004
Sold by
Solaun Felix
Bought by
Everett Craig A and Everett Diana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2003
Sold by
Haybeck Linda G
Bought by
Solaun Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,250
Interest Rate
4.5%
Mortgage Type
Unknown

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
For His Ultimate Glory Llc $686,000 Landmark Title
Prabhu Vishal $338,071 Attorney
2111 Third St Corp $525,000 Watson & Osborne Title Servi
Everett Craig A $455,000 --
Solaun Felix $335,000 Ponte Vedra Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prabhu Vishal $253,500
Previous Owner Everett Craig A $39,000
Previous Owner Everett Craig A $364,000
Previous Owner Solaun Felix $318,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2024 06/29/24 For Sale $3,550,000 0.0% $1,132 / Sq Ft
12/17/2023 12/17/23 Off Market $1,400 -- --
12/17/2023 12/17/23 Off Market $1,600 -- --
12/17/2023 12/17/23 Off Market $1,600 -- --
12/17/2023 12/17/23 Off Market $1,600 -- --
12/17/2023 12/17/23 Off Market $338,071 -- --
12/17/2023 12/17/23 Off Market $686,000 -- --
05/25/2021 05/25/21 Sold $686,000 +5.5% $362 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $650,000 0.0% $343 / Sq Ft
12/08/2016 12/08/16 Rented $1,400 0.0% --
10/21/2016 10/21/16 Under Contract -- -- --
10/11/2016 10/11/16 For Rent $1,400 -12.5% --
09/28/2016 09/28/16 Rented $1,600 -3.0% --
09/27/2016 09/27/16 Under Contract -- -- --
07/06/2016 07/06/16 For Rent $1,650 +3.1% --
04/28/2015 04/28/15 Rented $1,600 0.0% --
03/09/2015 03/09/15 Under Contract -- -- --
02/10/2015 02/10/15 For Rent $1,600 0.0% --
07/09/2014 07/09/14 Rented $1,600 0.0% --
05/15/2014 05/15/14 Under Contract -- -- --
04/28/2014 04/28/14 For Rent $1,600 0.0% --
07/03/2013 07/03/13 Sold $338,071 -19.5% $169 / Sq Ft
05/29/2013 05/29/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $420,000 -- $210 / 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
2024 $11,422 $292,500 $292,500 --
2023 $11,422 $664,794 $219,375 $445,419
2022 $9,422 $531,267 $219,375 $311,892
2021 $8,551 $469,712 $160,875 $308,837
2020 $8,601 $469,712 $160,875 $308,837
2019 $8,319 $469,712 $160,875 $308,837
2018 $7,899 $469,712 $160,875 $308,837
2017 $7,078 $397,740 $160,875 $236,865
2016 $6,282 $331,073 $0 $0
2015 $5,823 $298,653 $0 $0
2014 $5,749 $290,332 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1106954

realMLS (Northeast Florida Multiple Listing Service)

APN: 175603-0000