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Fruit Cove 32259
1247 SPENCER Lane
$383,500
● House - Off Market

1247 SPENCER Lane

St Johns, FL 32259
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,942 Ft²
$418,447
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Lovely all brick one story home nestled on a quiet street that dead ends to the St Johns River. There are only 9 homes on this peaceful street and the mature landscaping is breathtaking. Bring your boat/RV and the rest of your toys!  With so much parking and a covered storage space, this half acre lot has endless possibilities. Roof, AC and the garage door have all been recently replaced so the major expenses are taken care of. Great split floor plan with an office/formal living and formal dining. Half bath is in the mud room behind the curtain/utility sink on the other side and with the plumbing in place could be converted into a true half bath. With a little imagination you can transform this into your dream home!
Unit Size
1,942 Ft²
Days on Market
-
Land Size
-
Price per sqft
$206
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (Real MLS #1188046)

Price History

Date / Event Date Event Price
Apr 20, 2023 Sold
Premium
Sold
Jan 17, 2023 Listed by RE/MAX SPECIALISTS $426,300
Listed by RE/MAX SPECIALISTS
Oct 19, 2022 Sold
Premium
Sold
Aug 23, 2022 Listed by RE/MAX SPECIALISTS $399,900
Listed by RE/MAX SPECIALISTS

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 17
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 2,448
  • Gross Building Area: 2,669
  • Building Area: 1,942
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,942
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FRUIT COVE TERRACE
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 5-13 FRUIT COVE TERRACE W218FT OF ELY 435.90FT OF LOT 24 (SURVEY PARCEL B) OR860/784

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020803

Zoning

  • Zoning: RS2

Geography

  • Assessors Map Reference: 5B
  • Parcel: 007090-0030
  • Lot: 24
  • Meridian: SEC 54 TWN 04S RNG 27E
  • Municipality: COUNTY
  • Latitude: 30.1023
  • Longitude: -81.635

    Address

  • Full Address: 1247 Spencer Ln
  • Address - House Number: 1247
  • Address - Street Name: Spencer
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Saint Johns
  • Carrier Code: R006
  • 4-Digit Zip Code: 3159
  • Zip Code: 32259

Valuation

    Tax

  • Total Area: 2,288
  • Tax Year: 2022
  • Tax Amount: $149,866
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1675
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 78
  • Final Value: 449,532
  • High Value: 524,856
  • Low Value: 374,207

    Market Valuation

  • Market Total Value: $293,491
  • Market Land Value: $112,000
  • Market Improvement Value: $181,491

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $138,451

    Sales

  • Current Sale Contract Date: Apr 14, 2023
  • Current Sale Recording Date: Apr 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 29901
  • Previous Sale Recording Date: Oct 19, 2022
  • Previous Sale Contract Date: Oct 17, 2022
  • Previous Sale Amount: $383,500
  • 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 Fruit Cove

Stats & Trends

Median Asking:

$540,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2794 ft²

Average Home Age

20.9 years

Currently For Sale

98 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 940 State Road 13 N, Fruit Cove, FL, 32259

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,599 ft²
940 State Road 13 N, Fruit Cove, FL, 32259 Listing by BARBARA (CATRICE) JONES LLC

Rentals Near You

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

Listed by: DANA HANCOCK, RE/MAX SPECIALISTS
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1188046
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 1247 Spencer Lane built and last sold?
The property at 1247 Spencer Lane was built in 1978 and last sold on Apr 14, 2023 for $430,000.
How much is this home worth?
The estimated value of the home located at 1247 Spencer Lane is $0.
What are some comparable homes to 1247 Spencer Lane?
There are currently no comparable homes to 1247 Spencer Lane.
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