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St. Johns 32084
485 HORSESHOE Road S
$285,000
● House - Off Market

485 HORSESHOE Road S

St Augustine, FL 32084
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,996 Ft²
$450,490
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

View View View! From the Huge Private Master bedroom and 22'X17.5' Balcony you can take in this beautiful 1+ acre marsh front property.Which will be ready for move in sometime in June.  Photos attached were taken on 3/19/20.  The second floor offers  2 more bedrooms and lots of open living space with an abundance of glass for viewing the marsh at the headwaters of the San Sebastian River.  The ground level is 1420 sq ft of open space for carport or covered patio area. Enjoy your days shrimping, fishing, kayaking, bird watching or just enjoying your private views on a very peaceful street with easy access to Historic St Augustine.  THIS PROPERTY ALSO QUALIFIES FOR ZERO DOWN USDA LOAN.
Unit Size
1,996 Ft²
Days on Market
-
Land Size
-
Price per sqft
$163
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2020

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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 #1044814)

Price History

Date / Event Date Event Price
Jul 23, 2020 Sold
Premium
Sold
Mar 19, 2020 Listed by HARRIS REALTY PARTNERS LLC $324,900
Listed by HARRIS REALTY PARTNERS LLC
May 16, 2018 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 1,420
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,548
  • Lot Size Depth Feet: 3,400
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,940
  • Gross Building Area: 1,940
  • Building Area: 1,940
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,940
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ST. AUGUSTINE MANAGEMENT - SABATE (NORTH
  • Land Acres: 0000001390
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 00
  • Legal Description 1: PART OF GRANTS TO FATIO OR DELESPINE SECS 56 & 99 LOT 15 OF UNREC PLAT ST AUG MGT NORTH OR4997/41

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020903

Zoning

  • Zoning: OR

Geography

  • Assessors Map Reference: 161B
  • Subdivision Phase Number: 56&99
  • Parcel: 082800-0150
  • Lot: 15
  • Meridian: SEC 56 TWN 06S RNG 29E
  • Municipality: SOUTH PONTE VEDRA & US1-NORTH
  • Latitude: 29.9361
  • Longitude: -81.3404

    Address

  • Full Address: 485 S Horseshoe Rd
  • Address - House Number: 485
  • Street Direction: S
  • Address - Street Name: Horseshoe
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Saint Augustine
  • Carrier Code: R027
  • 4-Digit Zip Code: 1698
  • Zip Code: 32084

Valuation

    Tax

  • Total Area: 2,343
  • Tax Year: 2022
  • Tax Amount: $292,166
  • Tax Rate Code Area: 450

    Appraisal Valuation

  • Standard Deviation: 0.1148
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 87
  • Final Value: 430,777
  • High Value: 480,233
  • Low Value: 381,320

    Market Valuation

  • Market Total Value: $303,364
  • Market Land Value: $67,208
  • Market Improvement Value: $236,156

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $248,217

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 13, 2020
  • Current Sale Recording Date: Jul 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020059659
  • Previous Sale Recording Date: May 16, 2018
  • Previous Sale Contract Date: May 11, 2018
  • Previous Sale Amount: $63,500
  • 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:

$519,900

Sale Price/ft²

$244

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2205 ft²

Average Home Age

17.4 years

Currently For Sale

2961 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 2855 N Eighth Street, St. Augustine, FL, 32084

$2,195 /mo

  • 3 Beds
  • 2 Baths
  • 1,170 ft²
2855 N Eighth Street, St. Augustine, FL, 32084 Listing by LORRI REYNOLDS

Rentals Near You

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

Listed by: BETH KICKLIGHTER, HARRIS REALTY PARTNERS LLC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1044814
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 485 South Horseshoe Road built and last sold?
The property at 485 South Horseshoe Road was built in 2020 and last sold on Jul 13, 2020 for $285,000.
How much is this home worth?
The estimated value of the home located at 485 South Horseshoe Road is $0.
What are some comparable homes to 485 South Horseshoe Road?
There are currently no comparable homes to 485 South Horseshoe Road.
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