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St. Johns 32259
59 PURUS Way
$499,000
● House - Off Market

59 PURUS Way

St Johns, FL 32259
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,360 Ft²
$2,547
Est. Monthly
$92
HOA / Fees
6.14%
Cap Rate

About This Property

2.875 VA assumable mortgage! You can not beat this interest rate with any new constructions! Stunning and impeccable St. Johns county home can now be yours! NO CDD fee! This highly desired 2 years young and 2 story Brio floor plan includes 4 bedrooms, a loft, a study/office, open kitchen to dining area and living room, covered and screened in patio, 2.5 baths, pavered driveway and patio. Beautiful kitchen with white 42 inch cabinets and timeless quartz countertop. Gas cooktop and all stainless steel appliances are included.  Enjoy the Florida outdoor with a fully fenced in backyard with preserve view and ample space to create your backyard oasis. This move in ready home is located towards the front of the Grand Creek North neighborhood and in walking distance to the neighborhood park, playground and pool.
Unit Size
2,360 Ft²
Days on Market
-
Land Size
-
Price per sqft
$212
Property Type
House
Property Taxes
-
HOA Dues
$92
Year Built
2021

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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 #1251232)

Price History

Date / Event Date Event Price
Jan 19, 2024 Sold
Premium
Sold
Oct 5, 2023 Listed by MOMENTUM REALTY $499,900
Listed by MOMENTUM REALTY

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 446
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 125
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,806
  • Gross Building Area: 2,926
  • Building Area: 2,360
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,360
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GRAND CREEK NORTH PHASE 1A
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: 102/37-48 GRAND CREEK NORTH PHASE 1A LOT 260 OR5192/959

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020807

Geography

  • Assessors Map Reference: 13B
  • Subdivision Phase Number: 1A
  • Parcel: 010081-2600
  • Block: 1
  • Lot: 260
  • Meridian: SEC 32 TWN 05S RNG 27E
  • Municipality: COUNTY
  • Latitude: 30.0201
  • Longitude: -81.6126

    Address

  • Full Address: 59 Purus Way
  • Address - House Number: 59
  • Address - Street Name: Purus
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Saint Johns
  • Carrier Code: H006
  • 4-Digit Zip Code: 9379
  • Zip Code: 32259

Valuation

    Tax

  • Total Area: 2,639
  • Tax Year: 2022
  • Tax Amount: $379,530
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.0713
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 95
  • Final Value: 489,010
  • High Value: 523,898
  • Low Value: 454,122

    Market Valuation

  • Market Total Value: $317,406
  • Market Land Value: $78,400
  • Market Improvement Value: $239,006

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $317,406
  • Assessed Land Value: $78,400
  • Assessed Improvements Value: $239,006

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 18, 2024
  • Current Sale Recording Date: Jan 19, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4966
  • Previous Sale Recording Date: Mar 01, 2021
  • Previous Sale Contract Date: Feb 25, 2021
  • Previous Sale Amount: $333,800
  • Previous Sale Document Type: 68

    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 St. Johns

Stats & Trends

Median Asking:

$519,000

Sale Price/ft²

$244

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2223 ft²

Average Home Age

16.9 years

Currently For Sale

2851 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: Beatrice Bredeson, MOMENTUM REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1251232
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 59 Purus Way built and last sold?
The property at 59 Purus Way was built in 2021 and last sold on Jan 18, 2024 for $499,000.
How much is this home worth?
The estimated value of the home located at 59 Purus Way is $0.
What are some comparable homes to 59 Purus Way?
There are currently no comparable homes to 59 Purus Way.
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