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Nassau 32011
45121 LUTHER Street
$205,000
● House - Off Market

45121 LUTHER Street

Callahan, FL 32011
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,056 Ft²
$1,007
Est. Monthly

About This Property

PRICE IMPROVEMENT!!! Welcome to the beautiful historic town of Callahan! This 3-Bedroom/2- Bath home is perfect for a small family or investor. One owner has graciously maintained the home. A new roof replacement in 2022 and no major concerns. Plenty of space for adding a fence to allow the kids and furry babies to roam securely in this peaceful friendly community. Enter a spacious open floor plan between the kitchen and living area. The guest bathroom is located down the hallway, followed by a walk-in laundry room. The first two bedrooms are across the hall from each other. As the master suite is in the rear of the home. Shopping, restaurants, and fitness center within walking distance. Capture your new home for 2024!
Unit Size
1,056 Ft²
Days on Market
-
Land Size
-
Price per sqft
$194
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2008

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 #1260868)

Price History

Date / Event Date Event Price
May 1, 2024 Sold
Premium
Sold
Dec 9, 2023 Listed by UNITED REAL ESTATE GALLERY $205,000
Listed by UNITED REAL ESTATE GALLERY
Dec 17, 2008 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,478
  • Total Building Area: 1,056
  • Gross Building Area: 1,056
  • Building Area: 1,056
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,056
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: J P PAGE SUB
  • Land Acres: 0000000103
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 55 IN OR 1597/1449 J P PAGE SUB PB 3/20

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050509

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: MAP 3D/20S
  • Parcel: 51-2N-25-4170-0055-0000
  • Lot: 55
  • Meridian: SEC 51 TWN 02N RNG 25E
  • Municipality: DRAIN DIST
  • Latitude: 30.572
  • Longitude: -81.825

    Address

  • Full Address: 45121 Luther St
  • Address - House Number: 45121
  • Address - Street Name: Luther
  • Address - Suffix Type: St
  • State: FL
  • City Name: Callahan
  • Carrier Code: R001
  • 4-Digit Zip Code: 3880
  • Zip Code: 32011

Valuation

    Tax

  • Total Area: 1,081
  • Tax Year: 2023
  • Tax Amount: $54,073
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.0789
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 94
  • Final Value: 241,691
  • High Value: 260,780
  • Low Value: 222,602

    Market Valuation

  • Market Total Value: $120,648
  • Market Land Value: $10,000
  • Market Improvement Value: $110,648

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,937

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 16, 2008
  • Current Sale Recording Date: Dec 17, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 200833142
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 Nassau

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$237

Below Asking

0.02%

Average Days on Market

95

Average Home Size

2189 ft²

Average Home Age

17.1 years

Currently For Sale

476 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 45013 Amhurst Oaks Drive, Callahan, FL, 32011

$2,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,880 ft²
45013 Amhurst Oaks Drive, Callahan, FL, 32011 Listing by LENA WILLIAMS
Unit for rent at 45287 Red Brick Drive, Callahan, FL, 32011

$1,850 /mo

  • 3 Beds
  • 2 Baths
  • 1,185 ft²
45287 Red Brick Drive, Callahan, FL, 32011 Listing by JANET HILL RUIS

Rentals Near You

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

Listed by: ANTOINE BROWN, UNITED REAL ESTATE GALLERY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1260868
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 45121 Luther Street built and last sold?
The property at 45121 Luther Street was built in 2008 and last sold on Dec 16, 2008 for $59,300.
How much is this home worth?
The estimated value of the home located at 45121 Luther Street is $209,663.
What are some comparable homes to 45121 Luther Street?
There are currently no comparable homes to 45121 Luther Street.
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