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Clay
289 CLASSIC Lane
$165,000
● House - Off Market

289 CLASSIC Lane

Melrose, FL 32666
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$811
Est. Monthly

About This Property

BRING THE HORSES!!  Close to multiple amazing horse friendly riding areas,  ie. Gold Head State Park , Rice Creek Conservation , & Belmore State Forest ( all within 10 -20 minutes) as well as many world class equestrian centers in Ocala and Gainesville.   Ranch home on 15.15 ac (approx. 5 acres high and dry) secluded area to ride the dirt roads and enjoy this  peaceful environment close to nature. You might get a glimpse of nature right out your window, seeing deer and birds, and of course an occasional fox and possum.  Ranch with pole barn fenced and cross fenced. Chicken house, shed, double attached carport.    H415
Unit Size
1,040 Ft²
Days on Market
-
Land Size
-
Price per sqft
$159
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1976

Payment Calculator

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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: 2 years ago (Real MLS #953719)

Price History

Date / Event Date Event Price
Oct 22, 2021 Sold
Premium
Sold
Jun 29, 2021 Listed by CB ISAAC REALTY $220,000
Listed by CB ISAAC REALTY
Sep 1, 2018 Listed by CB ISAAC REALTY $165,000
Listed by CB ISAAC REALTY
Mar 2, 2015 Sold
Premium
Sold
Aug 27, 2014 Listed by CB ISAAC REALTY $144,900
Listed by CB ISAAC REALTY
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 659,934
  • Lot Size Depth Feet: 13,200
  • Lot Size Frontage Feet: 5,000
  • Total Building Area: 1,202
  • Gross Building Area: 1,202
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000015150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: PT OF SW1/4 OF SE1/4 S30T8R24 AS REC OR 4525 PG 1739

Neighborhood

  • School District Name: Clay County School District
  • Census Tract: 031109

Geography

  • Assessors Map Reference: MAP 366.00
  • Parcel: 30-08-24-007846-000-00
  • Meridian: SEC 30 TWN 08S RNG 24E
  • Municipality: UNINCORPORATED
  • Latitude: 29.7631
  • Longitude: -81.9347

    Address

  • Full Address: 289 Classic Ln
  • Address - House Number: 289
  • Address - Street Name: Classic
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Keystone Heights
  • Zip Code: 32656

Valuation

    Tax

  • Total Area: 1,202
  • Tax Year: 2022
  • Tax Amount: $272,172
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 264,791
  • High Value: 316,551
  • Low Value: 213,031

    Market Valuation

  • Market Total Value: $165,036
  • Market Land Value: $72,019
  • Market Improvement Value: $93,017

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $165,036
  • Assessed Land Value: $72,019
  • Assessed Improvements Value: $93,017

    Sales

  • Current Sale Contract Date: Oct 19, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021067074
  • Previous Sale Recording Date: Mar 02, 2015
  • Previous Sale Contract Date: Feb 27, 2015
  • Previous Sale Amount: $150,000
  • 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 Clay

Stats & Trends

Median Asking:

$354,500

Sale Price/ft²

$187

Below Asking

0.02%

Average Days on Market

77

Average Home Size

2021 ft²

Average Home Age

21.2 years

Currently For Sale

1055 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 7934 Sunnybrook Road, Melrose, FL, 32666

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,296 ft²
7934 Sunnybrook Road, Melrose, FL, 32666 Listing by STEVEN KOLENO

Rentals Near You

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

Listed by: NELDA HOFFMEYER, CB ISAAC REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 953719
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 289 Classic Lane built and last sold?
The property at 289 Classic Lane was built in 1976 and last sold on Oct 19, 2021 for $210,000.
How much is this home worth?
The estimated value of the home located at 289 Classic Lane is $0.
What are some comparable homes to 289 Classic Lane?
There are currently no comparable homes to 289 Classic Lane.
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