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St. Augustine 32095
397 MARALINDA Drive
$685,000
● House - Off Market

397 MARALINDA Drive

St Augustine, FL 32095
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,171 Ft²
$699,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

A marvelous opportunity to own MARSH FRONT property just minutes from Downtown St. Augustine! This home is a MUST SEE to truly appreciate. 3 Bedrooms + a large Bonus room upstairs with a full bathroom. Beautifully appointed with carefully selected finishes and fixtures that provide continuity of style throughout the home, and it doesn't stop there. Walk outside to your fully screened in paver patio, where you will find a hot tub that will convey with the sale, plenty of space for seating/entertainment & AMPLE yard space for the family to enjoy or even a future pool! Looking southeast you will enjoy a stunning water view under the shade of mature trees that canopy the backyard. Madeira offers community amenities for your enjoyment, the convenience of being close to town as well as quick ac
Unit Size
2,171 Ft²
Days on Market
-
Land Size
-
Price per sqft
$322
Property Type
House
Property Taxes
-
HOA Dues
$139
Year Built
2021

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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 #1221715)

Price History

Date / Event Date Event Price
Nov 6, 2023 Sold
Premium
Sold
Apr 13, 2023 Listed by RIVER AND COAST PROPERTY GROUP $699,900
Listed by RIVER AND COAST PROPERTY GROUP
Dec 21, 2021 Sold
Premium
Sold
Apr 5, 2021 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 509
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,969
  • Total Building Area: 2,680
  • Gross Building Area: 2,680
  • Building Area: 2,171
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,171
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MADEIRA AT ST AUGUSTINE PHASE 2A UNIT 1
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 102/49-61 MADEIRA AT ST AUGUSTINE PHASE 2A UNIT 1 LOT 7 OR5450/895

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020606

Geography

  • Assessors Map Reference: 161A
  • Subdivision Phase Number: 2A
  • Parcel: 073432-0070
  • Block: 1
  • Lot: 7
  • Meridian: SEC 42 TWN 06S RNG 30E
  • Municipality: MADEIRA CITY
  • Latitude: 29.9363
  • Longitude: -81.3276

    Address

  • Full Address: 397 Maralinda Dr
  • Legal Unit: 1
  • Address - House Number: 397
  • Address - Street Name: Maralinda
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: R057
  • 4-Digit Zip Code: 1658
  • Zip Code: 32095

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $885,717
  • Tax Rate Code Area: 457

    Appraisal Valuation

  • Standard Deviation: 0.0713
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 95
  • Final Value: 671,248
  • High Value: 719,138
  • Low Value: 623,358

    Market Valuation

  • Market Total Value: $424,372
  • Market Land Value: $78,400
  • Market Improvement Value: $345,972

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $410,028

    Sales

  • Current Sale Contract Date: Nov 03, 2023
  • Current Sale Recording Date: Nov 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 87127
  • Previous Sale Recording Date: Dec 21, 2021
  • Previous Sale Contract Date: Dec 20, 2021
  • Previous Sale Amount: $488,800
  • 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 St. Augustine

Stats & Trends

Median Asking:

$504,500

Sale Price/ft²

$317

Below Asking

0.03%

Average Days on Market

84

Average Home Size

1825 ft²

Average Home Age

44.4 years

Currently For Sale

217 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

Rentals Near You

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Real MLS

Listed by: JEREMY TAYLOR, RIVER AND COAST PROPERTY GROUP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1221715
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 397 Maralinda Drive built and last sold?
The property at 397 Maralinda Drive was built in 2021 and last sold on Nov 3, 2023 for $685,000.
How much is this home worth?
The estimated value of the home located at 397 Maralinda Drive is $0.
What are some comparable homes to 397 Maralinda Drive?
There are currently no comparable homes to 397 Maralinda Drive.
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