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St. Johns 32259
481 Summerset Drive
$672,500
● House - Off Market

481 Summerset Drive

Jacksonville, FL 32259
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
3,800 Ft²
$1,165,541
RealtyHop Estimate
69.16%
Since Apr 1, 2006
National-US
Primary Model

About This Property

2005 home on close to 1.5 acres, fully sodded lot.  Everything your heart desires in this 4 bedroom, 4.5 bath home.  Upgrades galore!  3-car garage, fully landscaped, appliances, custom tile, weight room, fireplace, screened in-ground pool, plantation shutters, walk-in closets, etc. etc. etc.
Unit Size
3,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$181
Property Type
House
Property Taxes
-
HOA Dues
$38
Year Built
2005

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: 3 years ago (Real MLS #280367)

Price History

Date / Event Date Event Price
Dec 5, 2013 Sold
Premium
Sold
May 9, 2013 Listed by WATSON REALTY CORP $550,000
Listed by WATSON REALTY CORP
Apr 3, 2006 Sold
Premium
Sold
Jan 20, 2006 Listed by WATSON REALTY CORP $689,000
Listed by WATSON REALTY CORP
Mar 29, 2005 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 17
  • Exterior Walls Type: 12
  • 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: 1
  • Garage Square Area: 862
  • Parking Space Count: 3
  • Patio Type: 73
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 60,112
  • Total Building Area: 4,726
  • Gross Building Area: 4,726
  • Building Area: 3,864
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BARTRAM PLANTATION PHASE 2
  • Land Acres: 0000001380
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 46/78-89 BARTRAM PLANTATION PHASE 2 LOT 110 OR3821/1151 & 5028/408(Q/C)

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020807

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 1D
  • Subdivision Phase Number: 2
  • Parcel: 001171-1100
  • Lot: 110
  • Meridian: SEC 44 TWN 05S RNG 26E
  • Municipality: COUNTY
  • Latitude: 30.0625
  • Longitude: -81.6553

    Address

  • Full Address: 481 Summerset Dr
  • Address - House Number: 481
  • Address - Street Name: Summerset
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Saint Johns
  • Carrier Code: H010
  • 4-Digit Zip Code: 8891
  • Zip Code: 32259

Valuation

    Tax

  • Total Area: 4,472
  • Tax Year: 2022
  • Tax Amount: $605,067
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1621
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 79
  • Final Value: 1,076,226
  • High Value: 1,250,692
  • Low Value: 901,761

    Market Valuation

  • Market Total Value: $744,973
  • Market Land Value: $179,200
  • Market Improvement Value: $565,773

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $493,638

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 20, 2013
  • Current Sale Recording Date: Dec 05, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2013079076
  • Previous Sale Recording Date: Apr 03, 2006
  • Previous Sale Contract Date: Mar 06, 2006
  • Previous Sale Amount: $672,500
  • 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 St. Johns

Stats & Trends

Median Asking:

$519,988

Sale Price/ft²

$245

Below Asking

0.02%

Average Days on Market

84

Average Home Size

2229 ft²

Average Home Age

16.5 years

Currently For Sale

1987 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 188 Appalachian Trail, St. Johns, FL, 32259

$3,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,601 ft²
188 Appalachian Trail, St. Johns, FL, 32259 Listing by BENJAMIN ASHER HOWARD

Rentals Near You

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

Listed by: EARL FIELDS, WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 280367
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 481 Summerset Drive built and last sold?
The property at 481 Summerset Drive was built in 2005 and last sold on Nov 20, 2013 for $512,500.
How much is this home worth?
The estimated value of the home located at 481 Summerset Drive is $556,185.
What are some comparable homes to 481 Summerset Drive?
There are currently no comparable homes to 481 Summerset Drive.
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