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Nassau 32034
5 RED CEDAR
$755,000
● House - Off Market

5 RED CEDAR

Fernandina Beach, FL 32034
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,780 Ft²
$1,403,949
RealtyHop Estimate
76.60%
Since Aug 1, 2005
National-US
Primary Model

About This Property

REDUCED $24,000!!! Carefree living in this Amelia Island Plantation resort pool home.  Covered patio with summer kitchen opens to heated & screened pool overlooking gardens. Coquina exterior, gas fireplace, stained glass doors & windows, wood floors, high end steel appliances new in 2003, plantation shutters. You'll love the lifestyle!
Unit Size
2,780 Ft²
Days on Market
-
Land Size
-
Price per sqft
$286
Property Type
House
Property Taxes
-
HOA Dues
$71
Year Built
1988

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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 #229101)

Price History

Date / Event Date Event Price
Aug 3, 2005 Sold
Premium
Sold
Jan 24, 2005 Listed by VANGUARD REALTY, INC GMAC $795,000
Listed by VANGUARD REALTY, INC GMAC
Sep 3, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 638
  • Parking Space Count: 0
  • Patio Type: 73
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 25,911
  • Total Building Area: 3,369
  • Gross Building Area: 3,369
  • Building Area: 2,731
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,731
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR POINT UNIT 2
  • Land Acres: 0000000595
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 21 IN OR 1338/1796 CEDAR POINT UNIT 2 PB 4/107

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050201

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAP 6D/25S
  • District: 05
  • Parcel: 01-6N-29-030B-0021-0000
  • Lot: 21
  • Meridian: SEC 20 TWN 02N RNG 28E
  • Municipality: UNINCORPORATED SOUTH ISLAND
  • Latitude: 30.566
  • Longitude: -81.4582

    Address

  • Full Address: 5 Red Cedar Rd
  • Legal Unit: 2
  • Address - House Number: 5
  • Address - Street Name: Red Cedar
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Fernandina Beach
  • Carrier Code: R012
  • 4-Digit Zip Code: 5035
  • Zip Code: 32034

Valuation

    Tax

  • Total Area: 3,189
  • Tax Year: 2023
  • Tax Amount: $748,099
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 1,276,480
  • High Value: 1,491,520
  • Low Value: 1,061,439

    Market Valuation

  • Market Total Value: $876,095
  • Market Land Value: $450,000
  • Market Improvement Value: $426,095

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $490,654

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 29, 2005
  • Current Sale Recording Date: Aug 03, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200528086
  • Previous Sale Recording Date: Sep 03, 2002
  • Previous Sale Contract Date: Aug 30, 2002
  • Previous Sale Amount: $540,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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:

$469,900

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

82

Average Home Size

2171 ft²

Average Home Age

18.6 years

Currently For Sale

696 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

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Real MLS

Listed by: DEBORAH COURTNEY, VANGUARD REALTY, INC GMAC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 229101
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 5 Red Cedar Road built and last sold?
The property at 5 Red Cedar Road was built in 1988 and last sold on Jul 29, 2005 for $755,000.
How much is this home worth?
The estimated value of the home located at 5 Red Cedar Road is $0.
What are some comparable homes to 5 Red Cedar Road?
There are currently no comparable homes to 5 Red Cedar Road.
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