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Clay 32068
1063 MERLIN Point
$620,000
● House - Off Market

1063 MERLIN Point

Middleburg, FL 32068
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,303 Ft²
$624,827
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Welcome home. This home offers it all! From the welcoming brick pavers lining the driveway to the tile thoughtfully chosen in the bathrooms, you will love life on Merlin Point. With over 4k+sqft this home sits on a beautiful grassy large lot located at the end of the cul-de-sac with the preserves backing your fenced in back of the home for privacy and nature. This home boasts of thought-out closets & oversized rooms that accommodate all including a 3-car garage so bring the boat, golf cart & toys! Granite countertops, eat in kitchen, stainless steel appliances & fantastic layout that includes spacious living rooms both downstairs and upstairs. Stunning tray ceilings line the master room with an office/ nursey right off the master. Schedule a showing now to see all this home has to offer!
Unit Size
4,303 Ft²
Days on Market
-
Land Size
-
Price per sqft
$144
Property Type
House
Property Taxes
-
HOA Dues
$41
Year Built
2014

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (Real MLS #1162195)

Price History

Date / Event Date Event Price
May 16, 2022 Sold
Premium
Sold
Apr 7, 2022 Listed by WATSON REALTY CORP $620,000
Listed by WATSON REALTY CORP
Jun 18, 2014 Sold
Premium
Sold
Feb 11, 2014 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 688
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,523
  • Total Building Area: 5,134
  • Gross Building Area: 5,134
  • Building Area: 4,218
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,218
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TWO CREEKS
  • Land Acres: 0000000333
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 476 TWO CREEKS AS REC OR 4608 PG 215

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 030204

Zoning

  • Zoning: MPC

Geography

  • Assessors Map Reference: 1307-B6
  • Parcel: 24-04-24-005574-004-76
  • Lot: 476
  • Meridian: SEC 24 TWN 04S RNG 24E
  • Municipality: UNINCORPORATED
  • Latitude: 30.1401
  • Longitude: -81.8609

    Address

  • Full Address: 1063 Merlin Pt
  • Address - House Number: 1063
  • Address - Street Name: Merlin
  • Address - Suffix Type: Pt
  • State: FL
  • City Name: Middleburg
  • Carrier Code: H042
  • 4-Digit Zip Code: 8765
  • Zip Code: 32068

Valuation

    Tax

  • Total Area: 5,134
  • Tax Year: 2022
  • Tax Amount: $779,866
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 648,341
  • High Value: 764,260
  • Low Value: 532,421

    Market Valuation

  • Market Total Value: $510,961
  • Market Land Value: $45,000
  • Market Improvement Value: $465,961

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $374,217

    Sales

  • Current Sale Contract Date: May 11, 2022
  • Current Sale Recording Date: May 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 31028
  • Previous Sale Recording Date: Jun 18, 2014
  • Previous Sale Contract Date: Jun 16, 2014
  • Previous Sale Amount: $349,225
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Clay

Stats & Trends

Median Asking:

$354,500

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

69

Average Home Size

2029 ft²

Average Home Age

20.8 years

Currently For Sale

1101 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1022 Prairie Dunes Court, Orange Park, FL, 32065

$2,900 /mo

  • 4 Beds
  • 3 Baths
  • 2,508 ft²
1022 Prairie Dunes Court, Orange Park, FL, 32065 Listing by DENISE GREENWOOD
Unit for rent at 1985 Amberly Drive, Middleburg, FL, 32068

$2,700 /mo

  • 4 Beds
  • 2 Baths
  • 2,647 ft²
1985 Amberly Drive, Middleburg, FL, 32068 Listing by KAREN BROWN

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: KRISTINA HINSON, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1162195
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1063 Merlin Point built and last sold?
The property at 1063 Merlin Point was built in 2014 and last sold on May 11, 2022 for $620,000.
How much is this home worth?
The estimated value of the home located at 1063 Merlin Point is $0.
What are some comparable homes to 1063 Merlin Point?
There are currently no comparable homes to 1063 Merlin Point.
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