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551 Bay Ridge Road

551 Bay Ridge Road, Jacksonville, FL 32216
Sold Feb 22, 2017
$129,000
$112,500 by Bank Of England
Mortgage Due Mar 01, 2047
Sold Oct 28, 2016
$70,000
Buyer
$83,000 by Pineywoods Capital Llc
Mortgage
551 Bay Ridge Road has been categorized by the local assessors in Jacksonville, FL as a residential type of property. The building on the property was first built in 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 551 Bay Ridge Road has 1,268 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,600 ft and across the front of the lot is 800 ft. The area measurement of the land has been determined as 12,703 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 264 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of concrete block. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. The property was last sold in Feb 21, 2017 for $129,000. That's $83.39 per sqft. Prior to that sales transaction, the property was also sold in Oct 26, 2016 for $70,000. 551 Bay Ridge Road was last assessed in 2022. The total value of the property was assessed at $196,719. Specifically, the land the property is located on was valued at $61,480. While improvements on the property were assessed at a total of $135,239. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,129. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,703
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,547
  • Gross Building Area: 1,547
  • Building Area: 1,268
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,268
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GLYNLEA PARK UNIT 01
  • Land Acres: 0.292
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 20-68 52-2S-27E GLYNLEA PARK UNIT 1 LOT 5 BLK 8

Ownership

  • Current Owner : LAHAY LANCE GREGORY
  • Current Owner 2: DORRIS JADIE RENEE
  • Previous Owner : NEWNA LLC
  • Owner Before Previous Owner: OULTON DONALD E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 015804

Zoning

  • Zoning: RLD-60

Geography

  • Assessors Map Reference: 7428
  • Parcel: 138829-0000
  • Block: 8
  • Lot: 5
  • Meridian: SEC 52 TWN 02S RNG 27E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.3058
  • Longitude: -81.5953

    Address

  • Full Address: 551 Bay Ridge Rd
  • Legal Unit: 1
  • Address - House Number: 551
  • Address - Street Name: Bay Ridge
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: C002
  • 4-Digit Zip Code: 8940
  • Zip Code: 32216

Valuation

    Tax

  • Total Area: 1,385
  • Tax Year: 2022
  • Tax Amount: $3,129
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.4985
  • Valuation Date: Dec 20, 2023
  • Final Value: 258,685
  • High Value: 387,644
  • Low Value: 129,725

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,500
  • First Open Lien Mortgage Lender: BANK OF ENGLAND
  • First Open Lien Mortgage Recording Date: Feb 22, 2017
  • First Open Lien Mortgage Loan Amount: $112,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2047

    Market Valuation

  • Market Total Value: $196,719
  • Market Land Value: $61,480
  • Market Improvement Value: $135,239

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $196,719
  • Assessed Land Value: $61,480
  • Assessed Improvements Value: $135,239

    Sales

  • Current Sale Contract Date: Feb 21, 2017
  • Current Sale Recording Date: Feb 22, 2017
  • Current Sale Transaction ID: 1806019676
  • Current Sale Price: $129,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017042065
  • Previous Sale Recording Date: Oct 28, 2016
  • Previous Sale Contract Date: Oct 26, 2016
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF ENGLAND
  • First Mortgage Transaction Date: Feb 22, 2017
  • First Mortgage Loan Amount: $112,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: PINEYWOODS CAPITAL LLC
  • Previous Mortgage Transaction Date: Oct 28, 2016
  • Previous Mortgage Loan Amount: $83,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$2,500 /mo

  • 1 Bed
  • 1 Bath
Listing by David Fedeles

Frequently Asked Questions

What neighborhood is 551 Bay Ridge Road located in?
The 551 Bay Ridge Road is a located in the neighborhood of Glynlea-Grove Park in Greater Arlington, Jacksonville.
What is the average sales price for listings in 551 Bay Ridge Road?
The average sales price for units in 551 Bay Ridge Road is $0 currently.

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