When was property at 264 Velvet Drive built and last sold?

The property at 264 Velvet Drive was built in 1950 and last sold on Sep 15, 2020 for $85,000.

How much is this home worth?

The estimated value of the home located at 264 Velvet Drive is $0.

What are some comparable homes to 264 Velvet Drive?

There are currently no comparable homes to 264 Velvet Drive.

Jacksonville

32220

Otis

264 VELVET Drive

Sold on Oct 25, 2024

Map

$275,000

● House - Off Market

264 VELVET Drive

Jacksonville, FL 32220

4 Beds

2 Baths

1,521 Ft²

$1,526

Est. Monthly

7.42%

Cap Rate

About This Property

NO HOA! NO CDD! Discover this beautifully updated home, perfectly blending with classic charm and modern touches. Nestled in a serene neighborhood, this spacious lot is ideal for those seeking homeownership freedom from HOA constraints or fees. Enjoy the luxury of a detached 2 car garage, perfect for vehicles, additional space or a workshop. This home has been thoughtfully updated with new lighting throughout, front and rear deck, screened rear porch, custom kitchen cabinets, and so much more. Enjoy this established neighborhood with mature trees while cozying up on your very own front porch swing. Don't miss your opportunity to make this home your own today.

Unit Size

1,521 Ft²

Days on Market

54 days

Land Size

0.35 acres

Price per sqft

$181

Property Type

House

Property Taxes

$175

HOA Dues

Year Built

1950

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Real MLS #2043543)

Price History

Date / Event	Date	Event
Oct 25, 2024	Sold	Premium
Sold
Sep 13, 2024	No longer available	-
No longer available
Sep 2, 2024	Relisted	$275,000
Relisted
Aug 26, 2024	In contract	-
In contract
Aug 21, 2024	Listed by WATSON REALTY CORP	$275,000
Listed by WATSON REALTY CORP
Sep 17, 2020	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1950

Effective Year Built: 1950
Building Count: 1
Bedroom Count: 4
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 10
Construction Type: 17
Building Style: 0
Exterior Walls Type: 19
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: 4
Garage Square Area: 576
Parking Space Count: 2
Patio Type: 79
Porch Type: 125
Pool Type: 0

Dimensions

Lot Size Square Feet: 15,293

Lot Size Depth Feet: 1,330
Lot Size Frontage Feet: 1,150
Total Building Area: 2,509
Gross Building Area: 2,509
Building Area: 1,521
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 4
Heated Square Feet: 1,521
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SECTION LAND
Land Acres: 0000000351
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: 24-2S-24E .35 PT W1/2 OF NW1/4 RECD O/R 19373-733

Neighborhood

School District Name: Duval County School District

Census Tract: 017300

Zoning

Zoning: RLD-60

Geography

Assessors Map Reference: 4424

Parcel: 001842-0150
Meridian: SEC 24 TWN 02S RNG 24E
Municipality: CITY OF JACKSONVILLE
Latitude: 30.3173
Longitude: -81.8651

Address

Full Address: 264 Velvet Dr

Address - House Number: 264
Address - Street Name: Velvet
Address - Suffix Type: Dr
State: FL
City Name: Jacksonville
Carrier Code: R181
4-Digit Zip Code: 1732
Zip Code: 32220

Valuation

Tax

Total Area: 1,954

Tax Year: 2022
Tax Amount: $186,670
Tax Rate Code Area: GS

Appraisal Valuation

Standard Deviation: 0.2438

Valuation Date: Dec 20, 2023
Confidence Score: 65
Final Value: 191,377
High Value: 238,052
Low Value: 144,703

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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Market Valuation

Market Total Value: $113,649

Market Land Value: $28,000
Market Improvement Value: $85,649

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $113,649
Assessed Land Value: $28,000
Assessed Improvements Value: $85,649

Sales

Current Sale Contract Date: Sep 15, 2020

Current Sale Recording Date: Sep 17, 2020
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2020204851

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Southwest Jacksonville

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$169

Below Asking

0.03%

Average Days on Market

Average Home Size

1703 ft²

Average Home Age

34.5 years

Currently For Sale

789 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 1127 Grand Cypress Court, JACKSONVILLE, FL, 32221

$1,895 /mo

4 Beds
2 Baths
1,515 ft²

1127 Grand Cypress Court, JACKSONVILLE, FL, 32221 Listing by Nora Redding

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: TALIA MICHELLE PARKS, WATSON REALTY CORP
Last Updated: 3 months ago
Data Source: Real MLS, MLS# 2043543

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.