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Jacksonville 32220 Otis
1369 OTIS Road
$740,000
● House - Off Market

1369 OTIS Road

Jacksonville, FL 32220
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,715 Ft²
$752,169
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Welcome to the dream estate, 22 acres can be your own private retreat or bring the family and build additional homes.  Custom built charming ranch home has 3 bedrooms and 2.5 baths. Updates throughout, every space has been meticulously maintained. Home sits on front 6.3 acres of cleared property. and adjoins 5 acres of wooded property. Back 10.6 acres has been greenbelt with pines/marketable timber.  Property borders city preservation land, The Jacksonville a'' Baldwin Rail Trail and Cary

State Forest.  Property includes 1/4-acre pond and 30 x 40 x 13 pole barn with aluminum roof. See supplement for complete outline of everything thing this one-of-a-kind property has to offer.
Unit Size
2,715 Ft²
Days on Market
-
Land Size
-
Price per sqft
$273
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2001

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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 #1110062)

Price History

Date / Event Date Event Price
Apr 25, 2022 Sold
Premium
Sold
May 12, 2021 Listed by WATSON REALTY CORP $742,000
Listed by WATSON REALTY CORP
Jul 26, 2000 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0
  • Location Influence Type: 54

    Dimensions

  • Lot Size Square Feet: 287,350
  • Total Building Area: 3,320
  • Gross Building Area: 3,320
  • Building Area: 2,250
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,250
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JAX FARMS SEC
  • Land Acres: 0000006597
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 3-41 15-2S-24E 6.04 JACKSONVILLE FARMS PT FARM 4, PT NE1/4 OF NE1/4 OF SEC 16 RECD O/R 20238-91 BEING PARCEL 1

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 010602

Zoning

  • Zoning: AGR

Geography

  • Assessors Map Reference: 4415
  • Parcel: 001566-9100
  • Meridian: SEC 15 TWN 02S RNG 24E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.3323
  • Longitude: -81.8988

    Address

  • Full Address: 1369 Otis Rd
  • Address - House Number: 1369
  • Address - Street Name: Otis
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: R005
  • 4-Digit Zip Code: 2953
  • Zip Code: 32220

Valuation

    Tax

  • Total Area: 2,682
  • Tax Year: 2022
  • Tax Amount: $808,253
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 75
  • Final Value: 633,759
  • High Value: 753,121
  • Low Value: 514,397

    Market Valuation

  • Market Total Value: $402,860
  • Market Land Value: $108,720
  • Market Improvement Value: $294,140

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,860
  • Assessed Land Value: $108,720
  • Assessed Improvements Value: $294,140

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 04, 2022
  • Current Sale Recording Date: Apr 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 103379
  • Previous Sale Recording Date: Jul 26, 2000
  • Previous Sale Contract Date: Jul 18, 2000
  • Previous Sale Amount: $20,700
  • Previous Sale Document Type: 40
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 Southwest Jacksonville

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$168

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1684 ft²

Average Home Age

36.7 years

Currently For Sale

1092 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

Rentals Near You

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Real MLS

Listed by: SUSAN KRAWCZYK, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1110062
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 1369 Otis Road built and last sold?
The property at 1369 Otis Road was built in 2001 and last sold on Apr 4, 2022 for $740,000.
How much is this home worth?
The estimated value of the home located at 1369 Otis Road is $0.
What are some comparable homes to 1369 Otis Road?
There are currently no comparable homes to 1369 Otis Road.
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