NOT LISTED FOR SALE

Estimated Value: $141,000 - $152,000

2 Beds
1 Bath
803 Sq Ft
$183/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $40,000 $50 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $907/month

13 Days on Market

Highlights

  • Central Heating and Cooling System
  • 1-Story Property
  • 1-minute walk to Tallulah Park

About This Home

As of September 2018

Investors, do not let this amazing investment opportunity pass you by! This two bedroom home with detached storage on corner lot has a long-term tenant in place paying $625/mo.! Tenant has been renting this property for over six years. This affordable tenant occupied home will not last! BUYER MUST DRIVE BY FIRST TO COORDINATE A VIEWING. DO NOT DISTURB TENANTS!

Last Listed By

LILLIE HERNANDEZ

LOVE REALTY, INC Listed on: 08/28/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,068

Year Built

  • 1940

Lot Details

  • 4,835

Interior Spaces

  • 803 Sq Ft Home
  • 1-Story Property
  • Electric Range
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • Panama Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0352350000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,068

Year Built

1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 1
  • Road Surface Type: Concrete
  • Subdivision Name: Panama Terrace
  • Sewer:Public Sewer: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Major Appliances: Electric Range
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Stories: 1
  • Appliances:Electric Range: Yes

Exterior Features

  • Waterfront: No
  • Pool Features: None

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes

Lot Info

  • Parcel #: 0352350000

Multi Family

  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2019
Sold by
Schlueter James A
Bought by
Schlueter James A and Schlueter Geraldine
Total Days on Market
13
Current Estimated Value
$146,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Outstanding Balance
$56,790
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$89,906

Purchase Details

Listed on
Aug 28, 2018
Closed on
Sep 28, 2018
Sold by
Williams Priscilla A
Bought by
Schlueter James
Seller's Agent
LILLIE HERNANDEZ
LOVE REALTY, INC
Buyer's Agent
ELIZABETH DUKE
KELLER WILLIAMS REALTY ATLANTIC PARTNERS
List Price
$43,900
Sold Price
$40,000
Premium/Discount to List
-$3,900
-8.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.83%

Purchase Details

Closed on
Apr 17, 2009
Sold by
Allen Christian
Bought by
Williams Priscilla A

Purchase Details

Closed on
Mar 30, 2009
Sold by
Aurora Loan Services Llc
Bought by
Allen Christian A

Purchase Details

Closed on
Feb 23, 2009
Sold by
Scanlan Robert F and Scanlan Margaret Thelma Bleeker
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jun 22, 2005
Sold by
Home Ventures Of N Florida Inc
Bought by
Scanlan Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,400
Interest Rate
8.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 12, 2005
Sold by
Holland John M and Holland Theresa Lynn
Bought by
Home Ventures Of N Florida Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,400
Interest Rate
8.5%
Mortgage Type
Fannie Mae Freddie Mac

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
Schlueter James A -- Atlantic Coast T&E Llc
Schlueter James $40,000 Landmark Title
Williams Priscilla A $25,000 Sunshine Title Corporation
Allen Christian A $19,000 Watson Title Insurance Agenc
Aurora Loan Services Llc -- None Available
Scanlan Robert F $49,900 Esquire Title Inc
Home Ventures Of N Florida Inc $35,000 Esquire Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlueter James A $63,750
Previous Owner Scanlan Robert F $37,400
Previous Owner Home Ventures Of N Florida Inc $35,000
Closed Scanlan Robert F $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $40,000 -- --
09/28/2018 09/28/18 Sold $40,000 -8.9% $50 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $43,900 -- $55 / 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 $1,068 $54,531 $15,352 $39,179
2023 $1,003 $51,390 $13,350 $38,040
2022 $878 $45,302 $10,012 $35,290
2021 $798 $35,224 $6,452 $28,772
2020 $773 $33,557 $6,230 $27,327
2019 $748 $31,697 $5,562 $26,135
2018 $743 $31,146 $5,562 $25,584
2017 $701 $28,464 $4,450 $24,014
2016 $675 $26,549 $0 $0
2015 $683 $26,520 $0 $0
2014 $674 $25,772 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 954534

realMLS (Northeast Florida Multiple Listing Service)

APN: 035235-0000