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Jacksonville 32217 Brierwood
8623 SANCHEZ Road
$365,000
● Multifamily - Off Market

8623 SANCHEZ Road

Jacksonville, FL 32217
bedrooms
6 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
4,025 Ft²
$560,996
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

If your looking for a boring cookie cutter house, then just keep on scrolling because this isnt it! This amazing 6/5 bath home sits on 1.6 acres of land, with the back yard butting up to Goodbys creek. The moment you walk into this home you will be wowed! There are 5 bedrooms downstairs and one upstairs. Huge eat-in kitchen that has been updated with granite counter-tops and stainless steel appliances.  Floors in the main areas of the home have been redone with beautiful wood laminate, tile in the bathroom and kitchen.  Some floors have exposed concrete and are ready to be finished.  There resort style pool out back and the back yard is completely fenced in. The water access area is enough to launch a kayak or canoe  from it. Roof is 5 years old, A/C is 4 years old.  There is 2 very large
Unit Size
4,025 Ft²
Days on Market
-
Land Size
-
Price per sqft
$103
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1970

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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: 2 years ago (Real MLS #1055707)

Price History

Date / Event Date Event Price
Sep 8, 2020 Sold
Premium
Sold
May 29, 2020 Listed by NEXTHOME ASSURANCE REALTY $415,000
Listed by NEXTHOME ASSURANCE REALTY
Sep 1, 2016 Sold
Premium
Sold
Apr 28, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • 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: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 496
  • Parking Space Count: 2
  • Patio Type: 60
  • Porch Type: 125
  • Pool Type: 8
  • Location Influence Type: 27

    Dimensions

  • Lot Size Square Feet: 69,343
  • Lot Size Depth Feet: 4,810
  • Lot Size Frontage Feet: 1,320
  • Total Building Area: 5,429
  • Gross Building Area: 5,429
  • Building Area: 3,964
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,964
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SECTION LAND
  • Land Acres: 0000001592
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 21-3S-27E 1.59 DORCAS BLACK DONATION PT RECD O/R 19387-897

Neighborhood

  • School District Name: Duval County School District
  • Census Tract: 016603

Zoning

  • Zoning: RLD-90

Geography

  • Assessors Map Reference: 7521
  • Parcel: 148142-0000
  • Meridian: SEC 21 TWN 03S RNG 27E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.2234
  • Longitude: -81.6085

    Address

  • Full Address: 8623 Sanchez Rd
  • Address - House Number: 8623
  • Address - Street Name: Sanchez
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: C010
  • 4-Digit Zip Code: 4723
  • Zip Code: 32217

Valuation

    Tax

  • Total Area: 4,406
  • Tax Year: 2022
  • Tax Amount: $466,873
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.1854
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 75
  • Final Value: 512,505
  • High Value: 607,560
  • Low Value: 417,450

    Market Valuation

  • Market Total Value: $360,918
  • Market Land Value: $210,540
  • Market Improvement Value: $150,378

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $301,894

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 01, 2016
  • Current Sale Recording Date: Sep 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 28, 2015
  • Previous Sale Contract Date: Apr 08, 2015
  • Previous Sale Amount: $213,200
  • 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 Southeast Jacksonville

Stats & Trends

Median Asking:

$369,900

Sale Price/ft²

$215

Below Asking

0.02%

Average Days on Market

63

Average Home Size

1897 ft²

Average Home Age

31.1 years

Currently For Sale

1490 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: HALLIE SATKOFF, NEXTHOME ASSURANCE REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 1055707
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 8623 Sanchez Road built and last sold?
The property at 8623 Sanchez Road was built in 1970 and last sold on Sep 1, 2016 for $335,000.
How much is this home worth?
The estimated value of the home located at 8623 Sanchez Road is $0.
What are some comparable homes to 8623 Sanchez Road?
There are currently no comparable homes to 8623 Sanchez Road.
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