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$159,000

Beds
5
Baths
1.0
sq ft
1,506

3518 Hibiscus St, Jacksonville, FL 32254

3518 Hibiscus St

Jacksonville, FL 32254

  • 114 days on market
This investment opportunity is for a spacious 5-bedroom, 1-bathroom house in Jacksonville, that promises a good return on investment due to its desirable location for rentals. The property is already rented on an annual lease for $1,275 per month (Section 8). Significant upgrades include the renovation of the HVAC unit and the water heater a few years ago, enhancing the property's value and energy efficiency. The house is conveniently close to schools, shops, and other essential services, making it an attractive choice for families and professionals. Key highlights include the house's proximity to Biltmore Elementary School, Florida State College at Jacksonville: Kent Campus, H2 Health-Riverside Jacksonville for healthcare, West Side Plaza for shopping and entertainment, and the University of Jacksonville.

Details

Property type

Single Family Residence

Est. home value

$175,959

Lot size

7,840.8 sq ft

Price per sq ft

$106

Year built

1949

Annual property taxes

$2,117.94

Price History

04/23/2024
RealMLS

RealMLS #2014216

Price change
$159,000
+3.25%
03/14/2024
RealMLS

RealMLS #2014216

Listed
$154,000
+340%
01/20/2017
RealMLS

RealMLS #857428

Sold
$35,000

Schools & Community

Neighborhood: 

Allendale

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Novastar Mtg Inc

Loan start date

July 2001

Original loan amount

$51,360

Est. remaining balance

$0

Interest rate

6.78%

Loan type

Not Provided, 15 year

Seller

Ernest Harris and Tammy R Harris

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/05/2024 at 10:35 PM

Listing updated: 04/23/2024 at 9:13 AM

Listed by: MOSES R NAE, MIAMI TANGO INVESTMENTS REALTY Phone #: (904) 478-0090

MLS: RealMLS #2014216

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