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Fernandina Beach 32034
502 STANLEY Drive
$335,000
● House - Off Market

502 STANLEY Drive

Fernandina Beach, FL 32034
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,210 Ft²
$527,098
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Big Price Reduction! Lovely POOL HOME situated in a beautiful and quiet, NO HOA neighborhood, half way between the coveted Historical District and the White Sandy Beaches of Amelia Island! Relax and enjoy the oversized backyard with full size in ground pool, large screened patio and fruit and mature oak trees. Charming concrete block home with Living Room, Dining Area, Florida Room, 3 bedrooms and 2 bathrooms. There is a carport and a separate 1 car garage that shares a large workshop and could be converted in a 2+ cars space. New double pane windows, solid wood flooring through out and tiles in the Florida Room. Make an appointment now for a private tour of this amazing property.
Unit Size
2,210 Ft²
Days on Market
-
Land Size
-
Price per sqft
$157
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955

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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 #940698)

Price History

Date / Event Date Event Price
Oct 12, 2018 Sold
Premium
Sold
Jun 7, 2018 Listed by SUMMER HOUSE REALTY $348,000
Listed by SUMMER HOUSE REALTY
Jan 2, 2007 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 800
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 18,619
  • Lot Size Depth Feet: 194
  • Lot Size Frontage Feet: 92
  • Total Building Area: 2,210
  • Gross Building Area: 2,210
  • Building Area: 2,210
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,210
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST HILLS 1
  • Land Acres: 0000000427
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 30 IN OR 2230/363 FOREST HILLS 1 PB 2/76

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050102

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MAP 6C/24S
  • Parcel: 00-00-31-128A-0030-0000
  • Lot: 30
  • Meridian: SEC 18 TWN 03N RNG 28E
  • Municipality: FERNANDINA BEACH
  • Latitude: 30.6759
  • Longitude: -81.4447

    Address

  • Full Address: 502 Stanley Dr
  • Address - House Number: 502
  • Address - Street Name: Stanley
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Fernandina Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 2436
  • Zip Code: 32034

Valuation

    Tax

  • Total Area: 1,498
  • Tax Year: 2023
  • Tax Amount: $377,885
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 581,751
  • High Value: 679,755
  • Low Value: 483,747

    Market Valuation

  • Market Total Value: $402,425
  • Market Land Value: $225,000
  • Market Improvement Value: $177,425

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $242,492

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 11, 2018
  • Current Sale Recording Date: Oct 12, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201845032040
  • Previous Sale Recording Date: Jan 02, 2007
  • Previous Sale Contract Date: Dec 29, 2006
  • Previous Sale Amount: $289,000
  • 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 Fernandina Beach

Stats & Trends

Median Asking:

$699,000

Sale Price/ft²

$416

Below Asking

0.03%

Average Days on Market

89

Average Home Size

1853 ft²

Average Home Age

41.4 years

Currently For Sale

47 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: VIOLET BOERESCU, SUMMER HOUSE REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 940698
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 502 Stanley Drive built and last sold?
The property at 502 Stanley Drive was built in 1955 and last sold on Oct 11, 2018 for $335,000.
How much is this home worth?
The estimated value of the home located at 502 Stanley Drive is $379,965.
What are some comparable homes to 502 Stanley Drive?
There are currently no comparable homes to 502 Stanley Drive.
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