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Jacksonville 32210 Ortega
2831 IONIC Avenue
$450,000
● House - Off Market

2831 IONIC Avenue

Jacksonville, FL 32210
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,365 Ft²
$501,448
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

This charming Craftsman Bungalow in the heart of Old Ortega has ben lovingly cared for & maintained. This unique property sits on an oversized lot and offers a 2 bedroom, 1 bathroom, 1365 square feet bungalow and a 2 bedroom, 1 bathroom 800 square feet guest cottage. Both the house and the cottage have wood floors throughout, tile in the baths & on demand hot water heaters. The main house has a garden tub with a hand held shower head. The guest cottage is completely handicap accessible. There are a ton of windows that let in so much natural light. The backyard is fully fenced & has an outdoor shower. The wood deck off the back of the house is the perfect place to have your morning coffee or BBQ with family and friends. You won't want to miss this one. Schedule your appointment today
Unit Size
1,365 Ft²
Days on Market
-
Land Size
-
Price per sqft
$355
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920

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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 #1173168)

Price History

Date / Event Date Event Price
Aug 24, 2022 Sold
Premium
Sold
Jun 3, 2022 Listed by WATSON REALTY CORP $485,000
Listed by WATSON REALTY CORP
Feb 20, 2001 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 21
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 1,176
  • Parking Space Count: 4
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,991
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 1,603
  • Gross Building Area: 1,603
  • Building Area: 1,365
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,365
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORTEGA
  • Land Acres: 0000000367
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 3-40 ORTEGA LOT 9 (EX SE 25FT 9 IN) BLK 23

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 002400

Zoning

  • Zoning: RLD-90

Geography

  • Assessors Map Reference: 6504
  • Parcel: 101521-0000
  • Block: 23
  • Lot: 9
  • Meridian: SEC 09 TWN 03S RNG 26E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.2743
  • Longitude: -81.7049

    Address

  • Full Address: 2831 Ionic Ave
  • Address - House Number: 2831
  • Address - Street Name: Ionic
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: C002
  • 4-Digit Zip Code: 4330
  • Zip Code: 32210

Valuation

    Tax

  • Total Area: 1,436
  • Tax Year: 2022
  • Tax Amount: $314,004
  • Tax Rate Code Area: USD1

    Appraisal Valuation

  • Standard Deviation: 0.2164
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 70
  • Final Value: 459,271
  • High Value: 558,678
  • Low Value: 359,863

    Market Valuation

  • Market Total Value: $378,354
  • Market Land Value: $264,504
  • Market Improvement Value: $113,850

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $213,893

    Sales

  • Current Sale Contract Date: Aug 22, 2022
  • Current Sale Recording Date: Aug 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 219600
  • Previous Sale Recording Date: Feb 20, 2001
  • Previous Sale Contract Date: Feb 16, 2001
  • Previous Sale Amount: $99,000
  • Previous Sale Document Type: 71
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 Southwest Jacksonville

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$168

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1684 ft²

Average Home Age

36.7 years

Currently For Sale

1092 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 1580 Hamilton Street, Jacksonville, FL, 32210

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 816 ft²
1580 Hamilton Street, Jacksonville, FL, 32210 Listing by ANTOINE BROWN
Unit for rent at 5375 Ortega Farms Boulevard, Jacksonville, FL, 32210

$1,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,016 ft²
5375 Ortega Farms Boulevard #510, Jacksonville, FL, 32210 Listing by Lesley Vitel

Rentals Near You

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

Listed by: CHRISTY HILPERT, WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1173168
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 2831 Ionic Avenue built and last sold?
The property at 2831 Ionic Avenue was built in 1920 and last sold on Aug 22, 2022 for $450,000.
How much is this home worth?
The estimated value of the home located at 2831 Ionic Avenue is $0.
What are some comparable homes to 2831 Ionic Avenue?
There are currently no comparable homes to 2831 Ionic Avenue.
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