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Jacksonville 32207 Pine Forest
2861 RUTH Drive
$60,000
● House - Off Market

2861 RUTH Drive

Jacksonville, FL 32207
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$117,340
RealtyHop Estimate
56.45%
Since Mar 1, 2018
National-US
Primary Model

About This Property

''Own the Culdesac ! This 1.14 acre 3 bedroom 1 bath wood frame home on the Southside with possible subdivision into 3 lots total leaving a home to renovate and two vacant lots to put either mobile homes or site built dwellings but please do your due diligence with the county. Don't let this opportunity pass you buy in a lean investor market'' Roof replaced 2015 and new A/C in 2016. Home needs renovation. See attache WDO report. SELLING AS IS  seller to do NO REPAIRS
Unit Size
1,248 Ft²
Days on Market
-
Land Size
-
Price per sqft
$60
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1908

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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 #901703)

Price History

Date / Event Date Event Price
Feb 22, 2018 Sold
Premium
Sold
Sep 20, 2017 Listed by FLORIDA HOMES REALTY & MTG LLC $75,000
Listed by FLORIDA HOMES REALTY & MTG LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 6
  • 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: 7
  • Garage Square Area: 792
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 49,638
  • Lot Size Depth Feet: 2,590
  • Lot Size Frontage Feet: 1,800
  • Total Building Area: 1,848
  • Gross Building Area: 1,848
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RUTH PARK
  • Land Acres: 0000001140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 22-50 06-3S-27E 1.068 RUTH PARK S/D ELY 1/2 LOT 15, LOTS 16, 17,18

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 016300

Zoning

  • Zoning: RMD-A

Geography

  • Assessors Map Reference: 7506
  • Parcel: 147598-0116
  • Lot: 15
  • Meridian: SEC 06 TWN 03S RNG 27E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.2735
  • Longitude: -81.6275

    Address

  • Full Address: 2861 Ruth Dr
  • Address - House Number: 2861
  • Address - Street Name: Ruth
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: C016
  • 4-Digit Zip Code: 9517
  • Zip Code: 32207

Valuation

    Tax

  • Total Area: 1,418
  • Tax Year: 2022
  • Tax Amount: $142,304
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.2257
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 68
  • Final Value: 132,238
  • High Value: 162,092
  • Low Value: 102,383

    Market Valuation

  • Market Total Value: $82,811
  • Market Land Value: $77,490
  • Market Improvement Value: $5,321

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,811
  • Assessed Land Value: $77,490
  • Assessed Improvements Value: $5,321

    Sales

  • Current Sale Contract Date: Feb 09, 2018
  • Current Sale Recording Date: Feb 22, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018042425
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 Southeast Jacksonville

Stats & Trends

Median Asking:

$369,900

Sale Price/ft²

$214

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1898 ft²

Average Home Age

31.1 years

Currently For Sale

1489 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 6338 Mercer Circle W, Jacksonville, FL, 32217

$1,850 /mo

  • 3 Beds
  • 1 Bath
  • 1,506 ft²
6338 Mercer Circle W, Jacksonville, FL, 32217 Listing by DORI MACKOUL DEKLE
Unit for rent at 2256 Inwood Circle S, Jacksonville, FL, 32207

$1,625 /mo

  • 3 Beds
  • 2 Baths
  • 1,090 ft²
2256 Inwood Circle S, Jacksonville, FL, 32207 Listing by LORRI REYNOLDS

Rentals Near You

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

Listed by: Mary Estevez, FLORIDA HOMES REALTY & MTG LLC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 901703
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 2861 Ruth Drive built and last sold?
The property at 2861 Ruth Drive was built in 1908 and last sold on Feb 9, 2018 for $60,000.
How much is this home worth?
The estimated value of the home located at 2861 Ruth Drive is $0.
What are some comparable homes to 2861 Ruth Drive?
There are currently no comparable homes to 2861 Ruth Drive.
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