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Jacksonville 32209 Magnolia Gardens
2806 LIPPIA Road
$32,000
● House - Off Market

2806 LIPPIA Road

Jacksonville, FL 32209
bedrooms
5 Beds
bathrooms
1 Bath
square feet
1,704 Ft²
$44,371
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Come take a look at this 5 bedroom 1 bath home with kitchen, living room, one car garage and great yard! Conveniently located to schools and shopping.  Seller/Agent makes no representations/warranties expressed/implied as to condition of property.MULTIPLE OFFERS.SUBMIT HIGHEST & BEST BY 4:00 PM ON 07/14/15. MUST INCLUDE MULTIPLE OFFER FORM UNDER DOCS SECTION.
Unit Size
1,704 Ft²
Days on Market
-
Land Size
-
Price per sqft
$15
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956

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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 #781238)

Price History

Date / Event Date Event Price
Aug 5, 2015 Sold
Premium
Sold
Jul 7, 2015 Listed by DUVAL REALTY OF JAX $25,000
Listed by DUVAL REALTY OF JAX
Feb 7, 2015 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,904
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,136
  • Gross Building Area: 2,136
  • Building Area: 1,704
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,704
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAGNOLIA GARDENS UNIT 06
  • Land Acres: 0000000182
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 27-10 39-1S-26E MAGNOLIA GARDENS UNIT NO 6 LOT 7 BLK 4

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 011600

Zoning

  • Zoning: RLD-60

Geography

  • Assessors Map Reference: 6333
  • Parcel: 028605-0000
  • Block: 4
  • Lot: 7
  • Meridian: SEC 39 TWN 01S RNG 26E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.3745
  • Longitude: -81.7089

    Address

  • Full Address: 2806 Lippia Rd
  • Legal Unit: 6
  • Address - House Number: 2806
  • Address - Street Name: Lippia
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: C024
  • 4-Digit Zip Code: 2328
  • Zip Code: 32209

Valuation

    Tax

  • Total Area: 1,830
  • Tax Year: 2022
  • Tax Amount: $126,080
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.2451
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 122,815
  • High Value: 152,917
  • Low Value: 92,712

    Market Valuation

  • Market Total Value: $74,473
  • Market Land Value: $8,112
  • Market Improvement Value: $66,361

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,473
  • Assessed Land Value: $8,112
  • Assessed Improvements Value: $66,361

    Sales

  • Current Sale Contract Date: Aug 04, 2015
  • Current Sale Recording Date: Aug 05, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2015179830
  • Previous Sale Recording Date: Feb 07, 2015
  • Previous Sale Contract Date: Feb 07, 2015
  • Previous Sale Amount: $38,000
  • Previous Sale Document Type: 69
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 Northwest Jacksonville

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$160

Above Asking

0.42%

Average Days on Market

69

Average Home Size

1539 ft²

Average Home Age

44.5 years

Currently For Sale

1257 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

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Real MLS

Listed by: GLEN HARE, DUVAL REALTY OF JAX
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 781238
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 2806 Lippia Road built and last sold?
The property at 2806 Lippia Road was built in 1956 and last sold on Aug 4, 2015 for $32,000.
How much is this home worth?
The estimated value of the home located at 2806 Lippia Road is $0.
What are some comparable homes to 2806 Lippia Road?
There are currently no comparable homes to 2806 Lippia Road.
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