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Fernandina Beach 32034
2116 PURCELL Drive
$240,000
● House - Off Market

2116 PURCELL Drive

Fernandina Beach, FL 32034
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,280 Ft²
$419,551
RealtyHop Estimate
68.49%
Since May 1, 2006
National-US
Primary Model

About This Property

WALK OR BIKE TO THE BEACH ONLY 1.2 MILES AWAY FROM THIS IMMACULATE HOME IN DESIRABLE LAKEWOOD SUBDIVISION. TILES AND WOOD LAMINATE FLOORS THROUGHOUT THE HOME EXCEPT ONE BEDROOM, LARGE EAT IN KITCHEN, PRIVATE FENCED BACKYARD. CONVENIENT TO SHOPPING, SCHOOLS, BEACHES AND HISTORIC FERNANDINA BEACH.

CODE FOR LOCKBOX # 1954
Unit Size
1,280 Ft²
Days on Market
-
Land Size
-
Price per sqft
$195
Property Type
House
Property Taxes
-
HOA Dues
$8
Year Built
1994

Payment Calculator

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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: 3 years ago (Real MLS #282992)

Price History

Date / Event Date Event Price
Feb 18, 2015 Sold
Premium
Sold
Apr 7, 2006 Sold
Premium
Sold
Feb 4, 2006 Listed by REALTY EXECUTIVES, THE PROFESS $249,000
Listed by REALTY EXECUTIVES, THE PROFESS

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 15
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,501
  • Total Building Area: 1,682
  • Gross Building Area: 1,682
  • Building Area: 1,282
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,282
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 24 IN OR 1963/656 LAKEWOOD #5 PB 5/380

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050205

Geography

  • Assessors Map Reference: MAP 6C/36S
  • Parcel: 00-00-31-143C-0024-0000
  • Lot: 24
  • Meridian: SEC 29 TWN 03N RNG 28E
  • Municipality: FERNANDINA BEACH
  • Latitude: 30.6351
  • Longitude: -81.4479

    Address

  • Full Address: 2116 Purcell Dr
  • Address - House Number: 2116
  • Address - Street Name: Purcell
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fernandina Beach
  • Carrier Code: R005
  • 4-Digit Zip Code: 7946
  • Zip Code: 32034

Valuation

    Tax

  • Total Area: 1,544
  • Tax Year: 2023
  • Tax Amount: $303,504
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1967
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 532,022
  • High Value: 636,718
  • Low Value: 427,325

    Market Valuation

  • Market Total Value: $342,442
  • Market Land Value: $130,000
  • Market Improvement Value: $212,442

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,911

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 17, 2015
  • Current Sale Recording Date: Feb 18, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201504779
  • Previous Sale Recording Date: Apr 07, 2006
  • Previous Sale Contract Date: Apr 03, 2006
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 20
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 Fernandina Beach

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$418

Below Asking

0.03%

Average Days on Market

89

Average Home Size

1849 ft²

Average Home Age

40.6 years

Currently For Sale

45 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: MICHELLE AKSER, REALTY EXECUTIVES, THE PROFESS
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 282992
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 2116 Purcell Drive built and last sold?
The property at 2116 Purcell Drive was built in 1994 and last sold on Feb 17, 2015 for $213,000.
How much is this home worth?
The estimated value of the home located at 2116 Purcell Drive is $265,716.
What are some comparable homes to 2116 Purcell Drive?
There are currently no comparable homes to 2116 Purcell Drive.
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