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Nassau 32034
94066 SUMMER Trace
$204,074
● House - Off Market

94066 SUMMER Trace

Fernandina Beach, FL 32034
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,722 Ft²
$351,139
RealtyHop Estimate
64.78%
Since Apr 1, 2017
National-US
Primary Model

About This Property

1995 Ranch offers 3 bed, 2 bath, with just under 1725 square feet of living space, and an attached 2 car garage. The home is situated on a sizable cul de sac lot measuring about 0.3 acres that includes an in ground pool! Some of the features include wood flooring, a gas fireplace, plus an eat in kitchen with good storage and prep space. With a few cosmetic updates and a personal touch this can be your dream home. Please note, as of the listing date, the foreclosure deed associated with this property has not been recorded in the applicable public records. This may result in a later closing date.
Unit Size
1,722 Ft²
Days on Market
-
Land Size
-
Price per sqft
$124
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: 3 years ago (Real MLS #867465)

Price History

Date / Event Date Event Price
Dec 28, 2017 Sold
Premium
Sold
Mar 14, 2017 Sold
Premium
Sold
Feb 16, 2017 Listed by REALHOME SERVICES AND SOLUTIONS INC $213,100
Listed by REALHOME SERVICES AND SOLUTIONS INC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 0
  • Patio Type: 73
  • Porch Type: 35
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 13,066
  • Total Building Area: 2,374
  • Gross Building Area: 2,374
  • Building Area: 1,914
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,914
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OTTER RUN
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: LOT 57 IN OR 2166/1543 OTTER RUN PB 5/156

Neighborhood

  • School District Name: Nassau County School District
  • Census Tract: 050308

Zoning

  • Zoning: RS-1

Geography

  • Assessors Map Reference: MAP 6D/9N
  • Parcel: 40-2N-28-1590-0057-0000
  • Lot: 57
  • Meridian: SEC 40 TWN 02N RNG 28E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 30.6148
  • Longitude: -81.5064

    Address

  • Full Address: 94066 Summer Trce
  • Address - House Number: 94066
  • Address - Street Name: Summer
  • Address - Suffix Type: Trce
  • State: FL
  • City Name: Fernandina Beach
  • Carrier Code: R018
  • 4-Digit Zip Code: 1165
  • Zip Code: 32034

Valuation

    Tax

  • Total Area: 2,061
  • Tax Year: 2023
  • Tax Amount: $257,885
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.1967
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 425,440
  • High Value: 509,162
  • Low Value: 341,718

    Market Valuation

  • Market Total Value: $300,714
  • Market Land Value: $75,000
  • Market Improvement Value: $225,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $201,455

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2017
  • Current Sale Recording Date: Dec 28, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 201737770
  • Previous Sale Recording Date: Mar 14, 2017
  • Previous Sale Contract Date: Mar 02, 2017
  • Previous Sale Amount: $204,074
  • 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 Nassau

Stats & Trends

Median Asking:

$469,900

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

82

Average Home Size

2174 ft²

Average Home Age

18.6 years

Currently For Sale

691 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 95111 Timberlake Drive, Fernandina Beach, FL, 32034

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,564 ft²
95111 Timberlake Drive, Fernandina Beach, FL, 32034 Listing by PAMELA LEMOS

Rentals Near You

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

Listed by: STEPHANIE MCCALL, REALHOME SERVICES AND SOLUTIONS INC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 867465
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 94066 Summer Trace built and last sold?
The property at 94066 Summer Trace was built in 1995 and last sold on Dec 28, 2017 for $206,000.
How much is this home worth?
The estimated value of the home located at 94066 Summer Trace is $0.
What are some comparable homes to 94066 Summer Trace?
There are currently no comparable homes to 94066 Summer Trace.
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