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1850 Kings Road

1850 Kings Road, Jacksonville, FL 32209
Property in College Gardens
Sold Dec 26, 2019
$5,300,000
Local assessors in Jacksonville, FL have categorized 1850 Kings Road as a residential type of property. The home was built in 1968 and is 56 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 542,632 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1850 Kings Road has a total of 54,064 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a reinforced concrete style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on a wall air conditioning unit for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1850 Kings Road sold most recently in Dec 23, 2019 for a total of $5,300,000. If you work out the math, that's approximately a cost of $98.03 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 1850 Kings Road was most recently assessed in 2019. During this assessment, the property's total value was estimated to be about $10,025,200. If we break it down further, the land itself was valued at $628,461. Improvements to the property, however, were assessed at a total of $9,396,739. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1990
  • Building Count: 2
  • Total Rooms: 80
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Reinforced concrete
  • Roof Cover Type: Built-up
  • Floor Count: 3
  • Living Units: 192
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 542,632
  • Total Building Area: 54,064
  • Gross Building Area: 37,326
  • Building Area: 54,064
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Wall air conditioning unit
  • Heating: Forced air unit
  • Heated Square Feet: 54,064
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OVERSTREETS R/P DA PAYNES
  • Land Acres: 12.457
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: 15-42 10-2S-26E 12.632 OVERSTREETS R/P PT TRACT 1 RECD D BK 947-60(EX PT RECD O/R 932-473,PT IN ST RD, EX PT RW RECD O/R 1801

Ownership

  • Current Owner : CAMPUS TOWERS APARTMENTS LLLP
  • Previous Owner : CAMPUS TOWERS SENIOR LIVING INC
  • Previous Owner 2: EDWARD WATERS COLLEGE SENIOR CITIZENS HO
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag Date: Jul 24, 2020

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 002802

Zoning

  • Zoning: CRO

Geography

  • Assessors Map Reference: PM6410
  • Subdivision Tract Number: 1,2
  • Parcel: 052486-0000 01
  • Meridian: SEC 10 TWN 02S RNG 26E
  • Municipality: OLD CITY OF JAX
  • Latitude: 30.3458
  • Longitude: -81.6878

    Address

  • Full Address: 1850 Kings Rd
  • Address - House Number: 1850
  • Address - Street Name: Kings
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: C026
  • 4-Digit Zip Code: 5348
  • Zip Code: 32209

Valuation

    Tax

  • Total Area: 54,385
  • Tax Year: 2019
  • Tax Amount: $0
  • Tax Rate Code Area: USD1

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $16,800,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Dec 26, 2019
  • First Open Lien Mortgage Loan Amount: $16,800,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $10,025,200
  • Market Land Value: $628,461
  • Market Improvement Value: $9,396,739

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $10,025,200
  • Assessed Land Value: $628,461
  • Assessed Improvements Value: $9,396,739

    Exemptions

  • School/College Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 23, 2019
  • Current Sale Recording Date: Dec 26, 2019
  • Current Sale Transaction ID: 11712329081
  • Current Sale Price: $5,300,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2019293306

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Dec 26, 2019
  • First Mortgage Loan Amount: $16,800,000
  • First Mortgage Loan Type: Commercial

About Northwest Jacksonville



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Frequently Asked Questions

What neighborhood is 1850 Kings Road located in?
The 1850 Kings Road is a located in the neighborhood of College Gardens in Northwest Jacksonville, Jacksonville.
What is the average sales price for listings in 1850 Kings Road?
The average sales price for units in 1850 Kings Road is $0 currently.

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