$160,000 Price Analysis    ♡   Jacksonville, FL 32208 4 bed 3 bath 945 SqFt ($169/SqFt) 8,994SqFt lot. Built 1948 Listed 2024-01-31, Taxes $1,360 | Ⓧ USDA Ineligible due to location near Jacksonville |
Discover the incredible potential of this property located in the quiet Trout River community of Panama Park on the northside of Jacksonville.
* No Longer For Sale *
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It boasts not one, but two buildings on a vast lot. Whether you are looking for a multi-family, multi-purpose or investment opportunity, this propert y can cater to a variety of needs. Immediately you are greeted with a charming curb appeal, complete with a fenced yard, a 2-car driveway and a covered side porch. The main home has been renovated and transformed into a rent-by-the-room investment property with 4 bedrooms and 1.5 bathrooms. It features a kitchen, a cozy dining area and an outdoor access laundry room. This home has been well-maintained with recent updates, including a new water heater in 2019 and a new roof in 2020. You could keep the current rental business model in place and earn immediate income.
If you are seeking a primary residence, it could easily be converted back to a 2 bedroom, 1.5-bath home with a spacious living room, office and a charming screened-in sunroom. The secnd building on the lot presents an exciting opportunity for customization. While it currently houses a kitchenette and 1 full bath, it does require a full rehab to uncover its potential. Imagine the possibilities. It could be transformed into a mother-in-law suite, a private apartment, a recreational/hobby space, a home office, storage or another source of rental income. This property is located a short 14-minute drive from the bustling River City Marketplace, a mere 15 minutes from the airport and a quick 12-minute commute to downtown. This is your chance to maximize your investment potential. Property is being sold as is. All furniture and appliances are included. Owner financing is available. Contact me today for a showing.
Presented by Nicole Christie at
SCOTT REALTY PROFESSIONALS LLC.
Property MLS #O6175043 from StellarMLS
Primary Bedroom Level: First
Bedroom 2 Level: First
Living Room Level: First
Full Bathrooms: 2
1/2 Bathrooms: 1
Bathroom 1 Level: First
Bathroom 2 Level: First
Flooring: Laminate
Heating Features: Central
Kitchen Level: First
Lot Size Square Feet: 8994
Calculated Total Monthly Association Fees: 0
Annual Tax Amount: 1532.29
Source Listing Status: Closed
County: Duval
Directions: From Main street turn right onto E 63rd and then make a left onto Penrose Stree.
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Area: 32208 - Jacksonville
Source Neighborhood: PANAMA PARK
Parcel Number: 033957-0000
Subdivision: PANAMA PARK
Township: 01
Zoning: RLD-60
Property Subtype: Single Family Residence
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $55,115 | $1,360 |
| 2021 | $43,167 + $6,938 $50,105 | $1,235 |
| 2020 | $39,848 + $6,382 $46,230 | $1,175 |
| 2019 | $64,341 + $5,550 $69,891 | $1,642 |
| 2018 | $62,787 + $5,550 $68,337 | $959 |
| 2017 | $61,576 + $5,550 $67,126 | $1,617 |
| 2016 | $unknown + $unknown $54,674 | $916 |
| 2015 | $unknown + $unknown $51,047 | $889 |
| 2014 | $unknown + $unknown $49,106 | $859 |
| 2013 | $unknown + $unknown $47,100 | $808 |
| 2012 | $unknown + $unknown $51,362 | $859 |
| 2011 | $unknown + $unknown $69,309 | $1,180 |
| 2010 | $unknown + $unknown $79,315 | $1,242 |
| 2009 | $unknown + $unknown $87,939 | $1,080 |
| 2008 | $unknown + $unknown $90,709 | $1,075 |
| 2007 | $unknown + $unknown $87,627 | $1,036 |
$160,000
StellarMLS
Price Changed 2024-03-28
$160,000
StellarMLS
Price Changed 2024-03-06
$165,000
StellarMLS
Price Changed 2024-02-13
$170,000
StellarMLS
Price Changed 2024-02-05
$175,000
StellarMLS
Listed 2024-01-31
$180,000
StellarMLS
Sold 2019-09-17
$50,000
Public Record
Year Built: 1948
Building Area Source: Public Records
Building Area Total: 1951
Construction Materials: Wood Frame
Direction Faces: North
Foundation Details: Crawlspace
Levels: One
Property Age: 76
Roof: Shingle
Water Source: Public
Map directions Map directions Map directions Map directionsThe property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.