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Jacksonville 32220 Bulls Bay
8560 COMMONWEALTH Avenue
$320,000
● House - Off Market

8560 COMMONWEALTH Avenue

Jacksonville, FL 32220
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,097 Ft²
$552,002
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

Enjoy a taste of quiet country living on this 4.17 acre lakefront estate just minutes from the city! Beautiful 3BR 3BA 2,322SF brick pool home with 2-car garage, plus a 775SF guest house with 1BR & BA area, living/dining area and kitchen. Main house boasts 18'' ceramic tile floors, a beautiful stone fireplace in the huge family room off the kitchen w/ granite counters & SS appliances, a huge formal living room, dining room, a charming front porch and a shady gazebo by the pool. Entertain guests in the pool or fish for lunker bass in the lake! The guest house is equipped with gas appliances and adjoins three carports, one of which is a workshop with loads of shelving and workbenches! Parcel consists of approx. 2.17 acre center lot with a 1 acre lot on either side. This is one you must see!
Unit Size
3,097 Ft²
Days on Market
153 days
Land Size
-
Price per sqft
$108
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1958

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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: 7 months ago (Real MLS #850259)

Price History

Date / Event Date Event Price
Mar 14, 2017 Sold
Premium
Sold
Oct 4, 2016 Listed by NORVILLE REALTY INC $335,000
Listed by NORVILLE REALTY INC
Jun 23, 2009 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 2
  • Total Rooms: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 644
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 181,925
  • Total Building Area: 4,057
  • Gross Building Area: 4,057
  • Building Area: 3,097
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,097
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GERMANTOWN
  • Land Acres: 0000004176
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 5-31 10-2S-25E 4.17 GERMANTOWN PT LOTS 1,2,8 RECD O/R 17908-2444,PT CLOSED R/W LYING E THEREOF BLK 5 BEING PARCELS 1,2,3

Neighborhood

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

Zoning

  • Zoning: RR-ACRE

Geography

  • Assessors Map Reference: 5410
  • Parcel: 004869-5030
  • Block: 5
  • Lot: 1,2,8
  • Meridian: SEC 10 TWN 02S RNG 25E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.3449
  • Longitude: -81.7947

    Address

  • Full Address: 8560 Commonwealth Ave
  • Address - House Number: 8560
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: R021
  • 4-Digit Zip Code: 1262
  • Zip Code: 32220

Valuation

    Tax

  • Total Area: 3,529
  • Tax Year: 2022
  • Tax Amount: $399,965
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.1886
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 75
  • Final Value: 560,861
  • High Value: 666,657
  • Low Value: 455,065

    Market Valuation

  • Market Total Value: $442,294
  • Market Land Value: $187,650
  • Market Improvement Value: $254,644

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $253,411

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 06, 2017
  • Current Sale Recording Date: Mar 14, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017058824
  • Previous Sale Recording Date: Jun 23, 2009
  • Previous Sale Contract Date: Jun 11, 2009
  • Previous Sale Amount: $85,000
  • 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:

$234,990

Sale Price/ft²

$160

Above Asking

0.41%

Average Days on Market

69

Average Home Size

1541 ft²

Average Home Age

44.9 years

Currently For Sale

1245 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 883 Cedar Slough Drive, Jacksonville, FL, 32220

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,696 ft²
883 Cedar Slough Drive, Jacksonville, FL, 32220 Listing by TARA D LEZAMA LLC
Unit for rent at 2344 Sotterley Lane, Jacksonville, FL, 32220

$2,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,856 ft²
2344 Sotterley Lane, Jacksonville, FL, 32220 Listing by CHERYL OWENS

Rentals Near You

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

Listed by: LEE NORVILLE, NORVILLE REALTY INC
Last Updated: 7 months ago
Data Source: Real MLS, MLS# 850259
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 8560 Commonwealth Avenue built and last sold?
The property at 8560 Commonwealth Avenue was built in 1958 and last sold on Mar 6, 2017 for $320,000.
How much is this home worth?
The estimated value of the home located at 8560 Commonwealth Avenue is $0.
What are some comparable homes to 8560 Commonwealth Avenue?
There are currently no comparable homes to 8560 Commonwealth Avenue.
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