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Bradford
247 SE 3RD Avenue
$290,000
● House - Off Market

247 SE 3RD Avenue

Melrose, FL 32666
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,900 Ft²
$292,248
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Nice brick home in great neighborhood located in Melrose FL. Very solid well built 3 bedroom 2 bath  house sitting on a half acre lot. New metal roof just put on at the end of March. Has attatched garage and also a detatched garage/workshop/storage. Also has a greenhouse. Big brick fireplace. Large living area. Very good location. Easy commute to Gainesville, Palatka, and surrounding areas. Voluntary paid access to private boatramp leading to Lake Santa Fe.
Unit Size
1,900 Ft²
Days on Market
-
Land Size
-
Price per sqft
$153
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976

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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 #1204627)

Price History

Date / Event Date Event Price
May 30, 2023 Sold
Premium
Sold
Dec 14, 2022 Listed by FLORIDA HOMES REALTY & MTG LLC $290,000
Listed by FLORIDA HOMES REALTY & MTG LLC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 273
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,060
  • Lot Size Depth Feet: 1,950
  • Lot Size Frontage Feet: 1,080
  • Total Building Area: 2,101
  • Gross Building Area: 2,101
  • Building Area: 1,697
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,697
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIT 5 SEMINOLE RIDGE
  • Land Acres: 0000000484
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 12 9S 22 LOT 27 UNIT 5 SEMINOLE RIDGE

Neighborhood

  • School District Name: Bradford County School District
  • Census Tract: 000301

Geography

  • Parcel: 06230-E-02700
  • Lot: 27
  • Meridian: SEC 12 TWN 09S RNG 22E
  • Municipality: SRWMD
  • Latitude: 29.7222
  • Longitude: -82.0496

    Address

  • Full Address: 247 Se 3rd Ave
  • Legal Unit: 5
  • Address - House Number: 247
  • Street Direction: SE
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Melrose
  • Carrier Code: R002
  • 4-Digit Zip Code: 5469
  • Zip Code: 32666

Valuation

    Tax

  • Total Area: 1,902
  • Tax Year: 2023
  • Tax Amount: $78,962
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.4481
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 10
  • Final Value: 158,421
  • High Value: 229,413
  • Low Value: 87,428

    Market Valuation

  • Market Total Value: $136,376
  • Market Land Value: $22,500
  • Market Improvement Value: $113,876

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,583

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 25, 2023
  • Current Sale Recording Date: May 30, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4294
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 Bradford

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$188

Below Asking

0.03%

Average Days on Market

67

Average Home Size

1894 ft²

Average Home Age

42.7 years

Currently For Sale

120 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

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

Listed by: DANIEL SHEPHERD, FLORIDA HOMES REALTY & MTG LLC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1204627
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 247 Southeast 3rd Avenue built and last sold?
The property at 247 Southeast 3rd Avenue was built in 1976 and last sold on May 25, 2023 for $290,000.
How much is this home worth?
The estimated value of the home located at 247 Southeast 3rd Avenue is $0.
What are some comparable homes to 247 Southeast 3rd Avenue?
There are currently no comparable homes to 247 Southeast 3rd Avenue.
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