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St. Augustine 32084 Nelmar Terrace
3 NELMAR Avenue
$389,000
● House - Off Market

3 NELMAR Avenue

St Augustine, FL 32084
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,088 Ft²
$1,911
Est. Monthly

About This Property

Don't be fooled by the low-key brick exterior because inside those double doors beats the heart of a lovely home with a total renovation completed just three years ago. For the nuts and bolts gang, masonry construction with brick facade and new windows will make you happy. For the aesthete, the immaculate interior brims with a serene ambiance and more importantly - with a new kitchen, new bathrooms and a floorplan that works to ensure easy entertaining and privacy for sleeping quarters.  Both generously proportioned, the living and dining rooms can be arranged to suit your lifestyle. A newly renovated kitchen (there are more cabinets and counters than you can imagine) is a beautiful place to let your culinary muse run wild.
Unit Size
2,088 Ft²
Days on Market
-
Land Size
-
Price per sqft
$186
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948

Payment Calculator

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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: 2 years ago (Real MLS #641188)

Price History

Date / Event Date Event Price
Jul 30, 2021 Sold
Premium
Sold
May 17, 2021 Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY $599,900
Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY
Oct 18, 2016 Sold
Premium
Sold
Oct 24, 2012 Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY $389,000
Listed by FIRST COAST SOTHEBYS INTERNATIONAL REALTY
Mar 11, 2008 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 1,150
  • Parking Space Count: 8
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 780
  • Total Building Area: 2,082
  • Gross Building Area: 2,082
  • Building Area: 2,082
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,082
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NELMAR TERRACE
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 2-1 NELMAR TERRACE LOT 39 OR5331/265

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020200

Geography

  • Assessors Map Reference: 162A
  • Parcel: 154180-0000
  • Lot: 39
  • Meridian: SEC 49 TWN 07S RNG 30E
  • Municipality: CITY OF ST AUGUSTINE
  • Latitude: 29.9104
  • Longitude: -81.3197

    Address

  • Full Address: 3 Nelmar Ave
  • Address - House Number: 3
  • Address - Street Name: Nelmar
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: C032
  • 4-Digit Zip Code: 2127
  • Zip Code: 32084

Valuation

    Tax

  • Total Area: 2,180
  • Tax Year: 2022
  • Tax Amount: $1,092,746
  • Tax Rate Code Area: 452

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 78
  • Final Value: 776,601
  • High Value: 908,017
  • Low Value: 645,186

    Market Valuation

  • Market Total Value: $568,289
  • Market Land Value: $269,069
  • Market Improvement Value: $299,220

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $568,289
  • Assessed Land Value: $269,069
  • Assessed Improvements Value: $299,220

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Jul 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021084469
  • Previous Sale Recording Date: Oct 18, 2016
  • Previous Sale Contract Date: Oct 14, 2016
  • Previous Sale Amount: $432,500
  • 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 Nelmar Terrace

Stats & Trends

Median Asking:

$667,000

Sale Price/ft²

$389

Below Asking

0.01%

Average Days on Market

106

Average Home Size

2209 ft²

Average Home Age

54.3 years

Currently For Sale

8 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 22 Comares Avenue, FL, 32080

$2,100 /mo

  • 2 Beds
  • 1 Bath
  • 832 ft²
22 Comares Avenue #4A, FL, 32080 Listing by RYAN BURKHARDT
Unit for rent at 2521 Vista Cove Road, St. Augustine, FL, 32084

$1,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,448 ft²
2521 Vista Cove Road, St. Augustine, FL, 32084 Listing by Barron McWright

Rentals Near You

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

Listed by: IRENE ARRIOLA, FIRST COAST SOTHEBYS INTERNATIONAL REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 641188
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 3 Nelmar Avenue built and last sold?
The property at 3 Nelmar Avenue was built in 1948 and last sold on Jul 30, 2021 for $580,000.
How much is this home worth?
The estimated value of the home located at 3 Nelmar Avenue is $0.
What are some comparable homes to 3 Nelmar Avenue?
There are currently no comparable homes to 3 Nelmar Avenue.
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