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St. Johns 32259
197 ARELLA Way
$509,827
● House - Off Market

197 ARELLA Way

St Johns, FL 32259
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,037 Ft²
$853,847
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Popular Bellingham floor plan.  Home offers gourmet kitchen with granite countertops, butler pantry, walk-in pantry and two story family room.  Home is located on a water view homesite.  Home is complete and ready for move-in!
Unit Size
4,037 Ft²
Days on Market
-
Land Size
-
Price per sqft
$134
Property Type
House
Property Taxes
-
HOA Dues
$76
Year Built
2017

Payment Calculator

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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: 2 years ago (Real MLS #905010)

Price History

Date / Event Date Event Price
Dec 21, 2017 Sold
Premium
Sold
Oct 13, 2017 Listed by CALATLANTIC OF NORTH FLORIDA REALTY INC $538,990
Listed by CALATLANTIC OF NORTH FLORIDA REALTY INC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: 7
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 769
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 4,816
  • Gross Building Area: 4,816
  • Building Area: 4,047
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,047
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CELESTINA PHASE 4B
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 83/72-76 CELESTINA PHASE 4B LOT 171 OR4480/18

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020801

Geography

  • Assessors Map Reference: 32B
  • Subdivision Phase Number: 4B
  • Parcel: 005732-1710
  • Lot: 171
  • Meridian: SEC 36 TWN 04S RNG 27E
  • Municipality: ISLES OF BARTRAM PARK
  • Latitude: 30.1111
  • Longitude: -81.5452

    Address

  • Full Address: 197 Arella Way
  • Address - House Number: 197
  • Address - Street Name: Arella
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Saint Johns
  • Carrier Code: R070
  • 4-Digit Zip Code: 1248
  • Zip Code: 32259

Valuation

    Tax

  • Total Area: 4,559
  • Tax Year: 2022
  • Tax Amount: $740,628
  • Tax Rate Code Area: 321

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 81
  • Final Value: 947,754
  • High Value: 1,090,667
  • Low Value: 804,840

    Market Valuation

  • Market Total Value: $669,093
  • Market Land Value: $117,600
  • Market Improvement Value: $551,493

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $453,466

    Sales

  • Current Sale Contract Date: Dec 20, 2017
  • Current Sale Recording Date: Dec 21, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2017086325
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 St. Johns

Stats & Trends

Median Asking:

$519,900

Sale Price/ft²

$245

Below Asking

0.02%

Average Days on Market

73

Average Home Size

2197 ft²

Average Home Age

17.2 years

Currently For Sale

1995 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 296 Grant Logan Drive, St. Johns, FL, 32259

$3,300 /mo

  • 5 Beds
  • 4 Baths
  • 3,725 ft²
296 Grant Logan Drive, St. Johns, FL, 32259 Listing by BAILEY JORDAN

Rentals Near You

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

Listed by: EMILY MOWERY, CALATLANTIC OF NORTH FLORIDA REALTY INC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 905010
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 197 Arella Way built and last sold?
The property at 197 Arella Way was built in 2017 and last sold on Dec 20, 2017 for $509,827.
How much is this home worth?
The estimated value of the home located at 197 Arella Way is $542,960.
What are some comparable homes to 197 Arella Way?
There are currently no comparable homes to 197 Arella Way.
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