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Jacksonville 32218 Northside
4850 PARETE Circle
$117,500
● Land - Off Market

4850 PARETE Circle

Jacksonville, FL 32218
bedrooms
Studio
bathrooms
0 Bath
$614
Est. Monthly

About This Property

2.53 acres ready for you to build your dream home! Not in a flood zone and about half of it is already cleared. Super private country living, but just 12 miles to River City Marketplace, 10 miles to the airport, and a half an hour to the beach! Already has electricity, well, and septic. Pipe to the well pump needs repair. Property has 4 mobile home/trailers on it. 3 are not habitable, 1 is in very bad shape. Value is in the land. Selling as-is.
Unit Size
-
Days on Market
73 days
Land Size
2.53 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1973

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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 #2023709)

Price History

Date / Event Date Event Price
Jul 15, 2024 Sold
Premium
Sold
Jun 14, 2024 In contract -
In contract
Jun 7, 2024 Price Decreased $125,000
↓ $15K (10.7%)
Price Decreased
May 2, 2024 Listed by WATSON REALTY CORP $140,000
Listed by WATSON REALTY CORP
Oct 14, 2022 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 2
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 20
  • Roof Shape Type: 6
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 80
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 112,061
  • Total Building Area: 2,467
  • Gross Building Area: 2,467
  • Building Area: 2,467
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,467
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OGILVIE W A ESTATE
  • Land Acres: 0000002573
  • Standard Land Use Code: 1006
  • County Land Use Code: 0200
  • Mobile Home Indicator: T
  • Legal Description 1: 9-10 41-1N-26E 2.527 WILLIAM A OGILVIE ESTATE S/D PT LOT 10 RECD O/R 9070-1593

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 010301

Zoning

  • Zoning: RR-ACRE

Geography

  • Assessors Map Reference: 6208
  • Parcel: 019596-0000
  • Lot: 10
  • Meridian: SEC 41 TWN 01N RNG 26E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.5187
  • Longitude: -81.7264

    Address

  • Full Address: 4850 Parete Cir
  • Address - House Number: 4850
  • Address - Street Name: Parete
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: R003
  • 4-Digit Zip Code: 1255
  • Zip Code: 32218

Valuation

    Tax

  • Total Area: 2,467
  • Tax Year: 2022
  • Tax Amount: $58,483
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.2294
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 68
  • Final Value: 155,395
  • High Value: 191,044
  • Low Value: 119,746

    Market Valuation

  • Market Total Value: $100,011
  • Market Land Value: $75,900
  • Market Improvement Value: $24,111

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,759

    Sales

  • Current Sale Contract Date: Oct 07, 2022
  • Current Sale Recording Date: Oct 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 259644
  • Previous Sale Recording Date: Sep 15, 1998
  • Previous Sale Contract Date: Aug 06, 1998
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: 55
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 Northside

Stats & Trends

Median Asking:

$329,990

Sale Price/ft²

$176

Below Asking

0.02%

Average Days on Market

74

Average Home Size

1980 ft²

Average Home Age

16.6 years

Currently For Sale

590 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: Julianne Parish, WATSON REALTY CORP
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 2023709
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 4850 Parete Circle built and last sold?
The property at 4850 Parete Circle was built in 1973 and last sold on Oct 7, 2022 for $115,000.
How much is this home worth?
The estimated value of the home located at 4850 Parete Circle is $0.
What are some comparable homes to 4850 Parete Circle?
There are currently no comparable homes to 4850 Parete Circle.
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