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Jacksonville 32220 Bulls Bay
8430 COMMONWEALTH Avenue
$579,300
● House - Off Market

8430 COMMONWEALTH Avenue

Jacksonville, FL 32220
bedrooms
4 Beds
bathrooms
3 Baths
square feet
3,081 Ft²
$699,120
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

This is truly a unique home that checks all of the boxes. This all brick 4/3 home with just under 3,100 sq ft sits on 1.18 acres on a spring fed lake. The serene backyard is magical. The pool, covered porch, pavers and pergolas create the perfect place to relax or entertain. The recently remodeled kitchen features upgraded appliances with quartz countertops and marble backsplash. The first floor flooring is real wood floors that was just sanded and refinished this year. The master suite features vaulted ceilings and a full sized stand alone tub to relax at the end of the day.  Other features include: 2018 Architectural Shingle Roof, 2019 HVAC for the main level, Office, Separate Dining, Loft Area, 3 Bedrooms upstairs, Full bath coming in from the pool.

Custom one owner home is a must se se
Unit Size
3,081 Ft²
Days on Market
-
Land Size
-
Price per sqft
$187
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1995

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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 #1087783)

Price History

Date / Event Date Event Price
Apr 23, 2021 Sold
Premium
Sold
Dec 8, 2020 Listed by BRANDYWINE HOMES USA LLC $574,900
Listed by BRANDYWINE HOMES USA LLC
Oct 17, 2001 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 1
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 693
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8
  • Location Influence Type: 137

    Dimensions

  • Lot Size Square Feet: 50,374
  • Total Building Area: 4,336
  • Gross Building Area: 4,336
  • Building Area: 3,081
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,081
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SECTION LAND
  • Land Acres: 0000001156
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 10-2S-25E 1.18 PT GOVT LOT 6 RECD O/R 19692-2454

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 011700

Zoning

  • Zoning: RR-ACRE

Geography

  • Assessors Map Reference: 5410
  • Parcel: 004870-1060
  • Lot: 6
  • Meridian: SEC 10 TWN 02S RNG 25E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.3447
  • Longitude: -81.7914

    Address

  • Full Address: 8430 Commonwealth Ave
  • Address - House Number: 8430
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: R021
  • 4-Digit Zip Code: 1265
  • Zip Code: 32220

Valuation

    Tax

  • Total Area: 3,540
  • Tax Year: 2022
  • Tax Amount: $968,481
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.1886
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 75
  • Final Value: 710,969
  • High Value: 845,081
  • Low Value: 576,858

    Market Valuation

  • Market Total Value: $556,244
  • Market Land Value: $53,100
  • Market Improvement Value: $503,144

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $556,244
  • Assessed Land Value: $53,100
  • Assessed Improvements Value: $503,144

    Sales

  • Current Sale Contract Date: Apr 15, 2021
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021104199
  • Previous Sale Recording Date: Oct 17, 2001
  • Previous Sale Contract Date: Oct 02, 2001
  • Previous Sale Amount: $225,000
  • 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 Northwest Jacksonville

Stats & Trends

Median Asking:

$234,995

Sale Price/ft²

$160

Above Asking

0.00%

Average Days on Market

69

Average Home Size

1532 ft²

Average Home Age

44.9 years

Currently For Sale

1274 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 3980 Bay Hawk Court, Jacksonville, FL, 32220

$1,695 /mo

  • 3 Beds
  • 2 Baths
  • 1,492 ft²
3980 Bay Hawk Court, Jacksonville, FL, 32220 Listing by MARIANNA GOLOVINA
Unit for rent at 915 Cedar Slough Drive, Jacksonville, FL, 32220

$1,999 /mo

  • 3 Beds
  • 2 Baths
  • 1,574 ft²
915 Cedar Slough Drive, Jacksonville, FL, 32220 Listing by COLLEEN GELMAN

Rentals Near You

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

Listed by: JOHN WILLIFORD, BRANDYWINE HOMES USA LLC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1087783
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 8430 Commonwealth Avenue built and last sold?
The property at 8430 Commonwealth Avenue was built in 1995 and last sold on Apr 15, 2021 for $579,300.
How much is this home worth?
The estimated value of the home located at 8430 Commonwealth Avenue is $578,216.
What are some comparable homes to 8430 Commonwealth Avenue?
There are currently no comparable homes to 8430 Commonwealth Avenue.
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