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700 Penman Road

700 Penman Road, Neptune Beach, FL 32266
Property in Neptune Beach
Sold Nov 12, 2021
$550,000
$350,000 by Bayway Mortgage Group
Mortgage Due Dec 01, 2051
700 Penman Road in Neptune Beach, FL was first built in 1961 and is 63 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 700 Penman Road has 1,882 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,600 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 20,079 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of asphalt. For those who need parking, there is a carport. The garage is 420 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 700 Penman Road sold most recently in Nov 4, 2021 for a total of $550,000. If you work out the math, that's approximately a cost of $213.59 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,403 in taxes each year. The initial year of tax delinquency occurred in 2019. 700 Penman Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $357,874. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Terrazzo
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,079
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,600
  • Total Building Area: 2,575
  • Gross Building Area: 2,575
  • Building Area: 1,882
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,882
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SECTION LAND
  • Land Acres: 0.461
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 38-2S-29E .48 B DE CASTRO Y FERRER GRANT PT RECD O/R 20012-160

Ownership

  • Current Owner : OREILLY CHRISTINE K
  • Previous Owner : MARSTON DAVID H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 014001

Zoning

  • Zoning: NR-1

Geography

  • Assessors Map Reference: 9420
  • Parcel: 177588-0000
  • Meridian: SEC 38 TWN 02S RNG 29E
  • Municipality: CITY OF NEPTUNE BEACH
  • Latitude: 30.3186
  • Longitude: -81.4078

    Address

  • Full Address: 700 Penman Rd
  • Address - House Number: 700
  • Address - Street Name: Penman
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Neptune Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 3819
  • Zip Code: 32266

Valuation

    Tax

  • Total Area: 2,050
  • Tax Year: 2022
  • Tax Amount: $5,403
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: USD4

    Appraisal Valuation

  • Standard Deviation: 0.2115
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 71
  • Final Value: 626,909
  • High Value: 759,547
  • Low Value: 494,271

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: BAYWAY MORTGAGE GROUP
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Loan Amount: $350,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $395,747
  • Market Land Value: $188,160
  • Market Improvement Value: $207,587

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $357,874

    Sales

  • Current Sale Contract Date: Nov 04, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Transaction ID: 11869207895
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021301839

    Last Sale Mortgage

  • First Mortgage Lender: BAYWAY MORTGAGE GROUP
  • First Mortgage Transaction Date: Nov 12, 2021
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

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Frequently Asked Questions

What neighborhood is 700 Penman Road located in?
The 700 Penman Road is a located in the neighborhood of Neptune Beach in Beaches, Neptune Beach.
What is the average sales price for listings in 700 Penman Road?
The average sales price for units in 700 Penman Road is $0 currently.

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