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Fruit Cove 32259
89 MOLASSES Court
$345,900
● House - Off Market

89 MOLASSES Court

St. Johns, FL 32259
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,991 Ft²
$602,769
RealtyHop Estimate
72.27%
Since May 1, 2016
National-US
Primary Model

About This Property

Beautiful home in The Reserve at Greenbriar. Do not wait to build when this home has everything! Five bedrooms, three bathrooms, gourmet kitchen with double ovens and granite countertops. Beautiful glass backsplash and stainless steel appliances. The first floor is tiled. Second floor laundry room includes washer and dryer. All bathrooms have been upgraded with quartz counters and rectangular sinks. Automatic lights come on when you enter the master closets and pantry. Upgraded lighting throughout the house. Upstairs is a loft area and four bedrooms. The master bedroom has a tray ceiling. Very nice landscaping around house with extended screened lanai which overlooks lake. Three car garage with a paver driveway. No CDD fees!
Unit Size
2,991 Ft²
Days on Market
212 days
Land Size
-
Price per sqft
$117
Property Type
House
Property Taxes
-
HOA Dues
$46
Year Built
2013

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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 #793505)

Price History

Date / Event Date Event Price
Feb 28, 2022 Sold
Premium
Sold
Dec 17, 2021 Listed by RE/MAX SPECIALISTS $609,900
Listed by RE/MAX SPECIALISTS
Apr 25, 2016 Sold
Premium
Sold
Sep 22, 2015 Listed by RE/MAX SPECIALISTS $349,900
Listed by RE/MAX SPECIALISTS
Jun 12, 2015 Listed by RE/MAX SPECIALISTS $365,000
Listed by RE/MAX SPECIALISTS
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • Building Condition: 7
  • Building Quality: 4
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 634
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,840
  • Total Building Area: 3,625
  • Gross Building Area: 3,745
  • Building Area: 2,991
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,991
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WORTHINGTON
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: 67/92-97 WORTHINGTON LOT 23 OR5502/1726

Neighborhood

  • School District Name: St. Johns County School District
  • Census Tract: 020804

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 7A
  • Parcel: 000681-0230
  • Block: 1
  • Lot: 23
  • Meridian: SEC 39 TWN 05S RNG 27E
  • Municipality: COUNTY
  • Latitude: 30.0582
  • Longitude: -81.6236

    Address

  • Full Address: 89 Molasses Ct
  • Address - House Number: 89
  • Address - Street Name: Molasses
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Saint Johns
  • Carrier Code: H025
  • 4-Digit Zip Code: 8406
  • Zip Code: 32259

Valuation

    Tax

  • Total Area: 3,399
  • Tax Year: 2022
  • Tax Amount: $338,568
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1621
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 79
  • Final Value: 709,741
  • High Value: 824,796
  • Low Value: 594,686

    Market Valuation

  • Market Total Value: $512,039
  • Market Land Value: $106,400
  • Market Improvement Value: $405,639

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $285,400

    Sales

  • Current Sale Contract Date: Feb 18, 2022
  • Current Sale Recording Date: Feb 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21504
  • Previous Sale Recording Date: Apr 25, 2016
  • Previous Sale Contract Date: Apr 21, 2016
  • Previous Sale Amount: $345,900
  • 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 Fruit Cove

Stats & Trends

Median Asking:

$549,000

Sale Price/ft²

$233

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2829 ft²

Average Home Age

21.6 years

Currently For Sale

61 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: CINDY YAFFE, RE/MAX SPECIALISTS
Last Updated: 7 months ago
Data Source: Real MLS, MLS# 793505
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 89 Molasses Court built and last sold?
The property at 89 Molasses Court was built in 2013 and last sold on Feb 18, 2022 for $616,000.
How much is this home worth?
The estimated value of the home located at 89 Molasses Court is $0.
What are some comparable homes to 89 Molasses Court?
There are currently no comparable homes to 89 Molasses Court.
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