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Jacksonville 32220 Bulls Bay
8698 COMMONWEALTH Avenue
$180,000
● House - Off Market

8698 COMMONWEALTH Avenue

Jacksonville, FL 32220
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,872 Ft²
$264,728
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

**BACK ON THE MARKET:BUYER HAD A DEATH IN THE FAMILY AND COULD NOT MOVE FORWARD WITH PURCHASE**Short sale home on 1.25 acres has tons of potential-sold as-is. With 4 bedrooms 2 and a half bath includes a screened in pool, nice kitchen, dining room, huge family room and living room spaces. 2 bedrooms on the first floor and 1 and half bath. Master bedroom and bath are upstairs, 4th bedroom with bonus room, lots of storage space are upstairs as well. Homeowner is in the process of removing their personal items. Seller will not make any repairs or pay buyer closing cost.
Unit Size
2,872 Ft²
Days on Market
-
Land Size
-
Price per sqft
$61
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987

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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 #921532)

Price History

Date / Event Date Event Price
Aug 16, 2018 Sold
Premium
Sold
Feb 15, 2018 Listed by COLDWELL BANKER VANGUARD REALTY $175,000
Listed by COLDWELL BANKER VANGUARD REALTY
Dec 12, 2012 Sold
Premium
Sold
Jul 5, 2001 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1
  • Garage Square Area: 525
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 125
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 52,978
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,687
  • Gross Building Area: 3,687
  • Building Area: 2,878
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,878
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GERMANTOWN
  • Land Acres: 0000001216
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 5-31 10-2S-25E 1.25 PT LOTS 3,4 RECD O/R 18499-1767 BLK 5

Neighborhood

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

Zoning

  • Zoning: RR-ACRE

Geography

  • Assessors Map Reference: 5410
  • Parcel: 004872-0430
  • Block: 5
  • Lot: 3,4
  • Meridian: SEC 10 TWN 02S RNG 25E
  • Municipality: CITY OF JACKSONVILLE
  • Latitude: 30.3454
  • Longitude: -81.7973

    Address

  • Full Address: 8698 Commonwealth Ave
  • Address - House Number: 8698
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Jacksonville
  • Carrier Code: R021
  • 4-Digit Zip Code: 1200
  • Zip Code: 32220

Valuation

    Tax

  • Total Area: 3,197
  • Tax Year: 2022
  • Tax Amount: $183,497
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.2081
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 287,878
  • High Value: 347,786
  • Low Value: 227,970

    Market Valuation

  • Market Total Value: $247,214
  • Market Land Value: $56,250
  • Market Improvement Value: $190,964

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $135,499

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 04, 2012
  • Current Sale Recording Date: Dec 12, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 2012284345
  • Previous Sale Recording Date: Jul 05, 2001
  • Previous Sale Contract Date: Jun 01, 2001
  • Previous Sale Amount: $141,600
  • Previous Sale Document Type: 55
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

0.00%

Average Days on Market

69

Average Home Size

1536 ft²

Average Home Age

44.6 years

Currently For Sale

1263 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: Debbie Espinosa, COLDWELL BANKER VANGUARD REALTY
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 921532
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 8698 Commonwealth Avenue built and last sold?
The property at 8698 Commonwealth Avenue was built in 1987 and last sold on Oct 4, 2012 for $77,100.
How much is this home worth?
The estimated value of the home located at 8698 Commonwealth Avenue is $0.
What are some comparable homes to 8698 Commonwealth Avenue?
There are currently no comparable homes to 8698 Commonwealth Avenue.
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