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Jacksonville 32219 Lincoln Villas
7954 PIPIT Avenue
$33,500
● House - Off Market

7954 PIPIT Avenue

Jacksonville, FL 32219
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,248 Ft²
$52,840
RealtyHop Estimate
50.97%
Since Mar 1, 2019
National-US
Primary Model

About This Property

'A NORTHSIDE DOUBLE LOT GEM', this 2/1, all framed bungalow needs some TLC but features, separate living/dining rooms, eating space kitchen, den, utility room and work shed in the rear. PROOF OF FUNDS REQUIRED WITH ALL OFFERS SUBMITTED. Cash offers requires 10% binder or $1,000 minimum, whichever is greater or financing 1% same terms. This is a reverse mortgage property and governed by HUD Guidelines for offers, list price reductions and repairs. Property is sold in as-is condition and no repairs or concessions will be approved. Please note that the Seller does not pay for Owner's Policy, transfer fees, and recording fees. UTILITIES FOR INSPECTIONS TO BE TURNED ON IN THE LA NAME AT THE BUYER'S EXPENSE. Property has to be marketed 5 days before offers will be considered.
Unit Size
1,248 Ft²
Days on Market
-
Land Size
-
Price per sqft
$28
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1974

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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 #970918)

Price History

Date / Event Date Event Price
Oct 2, 2020 Sold
Premium
Sold
Sep 9, 2020 Listed by ON THE MOVE REALTY $136,000
Listed by ON THE MOVE REALTY
Mar 4, 2019 Sold
Premium
Sold
Dec 14, 2018 Listed by ON THE MOVE REALTY $35,000
Listed by ON THE MOVE REALTY

Property Highlights

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 92
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,250
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LINCOLN VILLAS
  • Land Acres: 0000000121
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 5-76 19-1S-26E .12 LINCOLN VILLAS LOT 11 BLK 24

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 010700

Zoning

  • Zoning: RLD-60

Geography

  • Assessors Map Reference: 6319
  • Parcel: 021733-0020
  • Block: 24
  • Lot: 11
  • Meridian: SEC 19 TWN 01S RNG 26E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.3988
  • Longitude: -81.7363

    Address

  • Full Address: 7954 Pipit Ave
  • Address - House Number: 7954
  • Address - Street Name: Pipit
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: C023
  • 4-Digit Zip Code: 3161
  • Zip Code: 32219

Valuation

    Tax

  • Total Area: 1,395
  • Tax Year: 2022
  • Tax Amount: $226,452
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.2463
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 65
  • Final Value: 206,007
  • High Value: 256,764
  • Low Value: 155,250

    Market Valuation

  • Market Total Value: $137,971
  • Market Land Value: $7,650
  • Market Improvement Value: $130,321

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $137,971
  • Assessed Land Value: $7,650
  • Assessed Improvements Value: $130,321

    Sales

  • Current Sale Contract Date: Sep 29, 2020
  • Current Sale Recording Date: Oct 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020217702
  • Previous Sale Recording Date: Mar 04, 2019
  • Previous Sale Contract Date: Feb 28, 2019
  • Previous Sale Amount: $33,500
  • Previous Sale Document Type: 68
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 Northwest Jacksonville

Stats & Trends

Median Asking:

$230,000

Sale Price/ft²

$162

Above Asking

0.00%

Average Days on Market

81

Average Home Size

1583 ft²

Average Home Age

38.5 years

Currently For Sale

838 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

Unit for rent at 4236 Homer Road N, Jacksonville, FL, 32209

$1,200 /mo

  • 3 Beds
  • 1 Bath
  • 888 ft²
4236 Homer Road N, Jacksonville, FL, 32209 Listing by SHERMAN JAMES

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: TROY D WILLIAMS, ON THE MOVE REALTY
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 970918
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 7954 Pipit Avenue built and last sold?
The property at 7954 Pipit Avenue was built in 1974 and last sold on Sep 29, 2020 for $136,000.
How much is this home worth?
The estimated value of the home located at 7954 Pipit Avenue is $0.
What are some comparable homes to 7954 Pipit Avenue?
There are currently no comparable homes to 7954 Pipit Avenue.
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