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Jacksonville 32223 Loretto
3026 LORMAN Drive
$174,900
● House - Off Market

3026 LORMAN Drive

Jacksonville, FL 32223
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,040 Ft²
$859
Est. Monthly

About This Property

Adorable Mandarin  Brick Front Home with 3 Bedrooms and 1 Bath, with Open Kitchen, Living Room with Fireplace and a Large Back Yard.

in this Preferred Location of Mandarin. Easy Access to All Areas of Jacksonville and the Airport.  Close to St Johns Town Center & the Beaches.
Unit Size
1,040 Ft²
Days on Market
-
Land Size
-
Price per sqft
$168
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960

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: 3 years ago (Real MLS #931543)

Price History

Date / Event Date Event Price
Jan 23, 2021 Sold
Premium
Sold
Oct 8, 2020 Listed by EDGE REALTY NETWORK LLC $174,900
Listed by EDGE REALTY NETWORK LLC
Apr 16, 2018 Listed by EDGE REALTY NETWORK LLC $174,900
Listed by EDGE REALTY NETWORK LLC
Aug 14, 2015 Sold
Premium
Sold
Mar 18, 2015 Listed by EDGE REALTY NETWORK LLC $75,000
Listed by EDGE REALTY NETWORK LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1990
  • 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: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,435
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,587
  • Gross Building Area: 1,587
  • 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: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MANDARIN TERRACE UNIT 01
  • Land Acres: 0000000217
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 30-7 07-4S-27E MANDARIN TERRACE UNIT ONE LOT 5 BLK 5

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 016808

Zoning

  • Zoning: RLD-60

Geography

  • Assessors Map Reference: 7607
  • Parcel: 156201-0000
  • Block: 5
  • Lot: 5
  • Meridian: SEC 07 TWN 04S RNG 27E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.1625
  • Longitude: -81.6297

    Address

  • Full Address: 3026 Lorman Dr
  • Legal Unit: 1
  • Address - House Number: 3026
  • Address - Street Name: Lorman
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: C006
  • 4-Digit Zip Code: 7214
  • Zip Code: 32223

Valuation

    Tax

  • Total Area: 1,267
  • Tax Year: 2023
  • Tax Amount: $319,497
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 248,763
  • High Value: 357,787
  • Low Value: 139,738

    Market Valuation

  • Market Total Value: $213,375
  • Market Land Value: $65,000
  • Market Improvement Value: $148,375

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,184

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 11, 2021
  • Current Sale Recording Date: Jan 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021019709
  • Previous Sale Recording Date: Aug 14, 2015
  • Previous Sale Contract Date: Aug 12, 2015
  • Previous Sale Amount: $71,000
  • Previous Sale Document Type: 68
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:

$370,000

Sale Price/ft²

$215

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1874 ft²

Average Home Age

31.3 years

Currently For Sale

1561 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 12351 Condor Drive, Jacksonville, FL, 32223

$1,930 /mo

  • 3 Beds
  • 2 Baths
  • 1,212 ft²
12351 Condor Drive, Jacksonville, FL, 32223 Listing by LORRI REYNOLDS

Rentals Near You

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

Listed by: JOYCE WOLESHIN, EDGE REALTY NETWORK LLC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 931543
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 3026 Lorman Drive built and last sold?
The property at 3026 Lorman Drive was built in 1960 and last sold on Jan 11, 2021 for $174,900.
How much is this home worth?
The estimated value of the home located at 3026 Lorman Drive is $174,887.
What are some comparable homes to 3026 Lorman Drive?
There are currently no comparable homes to 3026 Lorman Drive.
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