Closed

$120,000

1950 PAINE Avenue #B-7, Jacksonville, FL 32211

3beds

1,039sqft

Condominium

Built in 1973

-- sqft lot

$117,000 Zestimate^®

$115/sqft

$1,210 Estimated rent

Home value

$117,000

$104,000 - $130,000

$1,210/mo

Zestimate^® history

Owner options

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$1,210/mo

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$1,210/mo

Rent Zestimate^®

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$1,094/mo

Est. payment

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$1,094/mo

Est. payment

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What's special

INVESTORS + LANDLORDS .. you worked hard last year, you deserve to kick off 2024 with a deal that brings you REVENUE and REST! This meticulously-kept quiet Arlington condo is currently generating $1,475 per month in rental income from tenants who have a great rental record and are hoping to renew their lease! No work needed! Just 5 minutes away from Jacksonville University, 15 from downtown, & 30 to the beach/shopping areas, you will have a prime spot for students, commuters, travel workers, AND families if you choose to re-rent! Condo amenities include pool and on-site laundry. Electrical updated in 2022 and HVAC in 2023, but minor upgrades are still to be made, leaving you the opportunity to increase value and potential rental rates! As the redevelopment and regeneration of this in demand Jax corner continues, position yourself ahead of the growth and scoop this low-price opportunity while you still can. Professional pictures coming soon.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Heat Pump

Cooling

Central Air

Appliances

Included: Dishwasher, Electric Range, Electric Water Heater, Refrigerator

Features

Breakfast Bar
Flooring: Carpet, Vinyl

Interior area

Total interior livable area: 1,039 sqft

Property

Parking

Parking features: Assigned

Features

Stories: 1
Patio & porch: Porch

Lot

Size: 871 Square Feet

Details

Parcel number: 1174120514

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Condition

New construction: No
Year built: 1973

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Hidden Oaks Condo

HOA

Has HOA: Yes
Amenities included: Pool, Management - Off Site, Trash
Services included: Maintenance Grounds, Maintenance Structure, Trash
HOA fee: $408 monthly

Location

Region: Jacksonville

Financial & listing details

Price per square foot: $115/sqft
Tax assessed value: $90,200
Annual tax amount: $1,447
Date on market: 1/5/2024
Listing terms: Cash,Conventional

Price history

Date	Event	Price
2/6/2024	Sold	$120,000-4%$115/sqft
Source: realMLS #2002187 Report a problem
1/5/2024	Listed for sale	$125,000+26.3%$120/sqft
Source: realMLS #2002187 Report a problem
9/15/2022	Listing removed	--
Source: RE/MAX International Report a problem
5/17/2022	Pending sale	$99,000+16.5%$95/sqft
Source: RE/MAX International #1158509 Report a problem
5/13/2022	Sold	$85,000-14.1%$82/sqft
Source: realMLS #1158509 Report a problem
4/22/2022	Pending sale	$99,000$95/sqft
Source: realMLS #1158509 Report a problem
4/15/2022	Listed for sale	$99,000$95/sqft
Source: realMLS #1158509 Report a problem
3/19/2022	Pending sale	$99,000$95/sqft
Source: RE/MAX International #1158509 Report a problem
3/17/2022	Contingent	$99,000$95/sqft
Source: realMLS #1158509 Report a problem
3/16/2022	Listed for sale	$99,000+69.2%$95/sqft
Source: realMLS #1158509 Report a problem
4/24/2020	Sold	$58,500-2.3%$56/sqft
Source: realMLS #1042599 Report a problem
4/11/2020	Pending sale	$59,900$58/sqft
Source: APEX REALTY SERVICES #1042599 Report a problem
4/9/2020	Price change	$59,900-18.9%$58/sqft
Source: APEX REALTY SERVICES #1042599 Report a problem
4/3/2020	Price change	$73,900-1.3%$71/sqft
Source: APEX REALTY SERVICES #1042599 Report a problem
3/27/2020	Listed for sale	$74,900$72/sqft
Source: APEX REALTY SERVICES #1042599 Report a problem
3/24/2020	Pending sale	$74,900$72/sqft
Source: APEX REALTY SERVICES #1042599 Report a problem
3/9/2020	Listed for sale	$74,900+127%$72/sqft
Source: APEX REALTY SERVICES #1042599 Report a problem
2/9/2019	Listing removed	$795-14.1%$1/sqft
Source: Apex Realty Services, Inc. Report a problem
12/14/2018	Price change	$925+3.4%$1/sqft
Source: Apex Realty Services, Inc. Report a problem
11/14/2018	Price change	$895-3.2%$1/sqft
Source: APEX REALTY SERVICES #962341 Report a problem
10/15/2018	Listed for rent	$925$1/sqft
Source: APEX REALTY SERVICES #962341 Report a problem
7/13/2018	Sold	$33,000+32%$32/sqft
Source: Public Record Report a problem
6/19/2013	Sold	$25,000-34%$24/sqft
Source: Public Record Report a problem
6/12/1996	Sold	$37,900+26.8%$36/sqft
Source: Public Record Report a problem
10/12/1994	Sold	$29,900$29/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,603 +10.7%	$86,900 +10%
2023	$1,448 +41%	$79,000 +42.2%
2022	$1,027 +12.5%	$55,550 +10%
2021	$913 +7.7%	$50,500 +9.3%
2020	$848 +8.7%	$46,200 +10%
2019	$780 +17.7%	$42,000 +33.5%
2018	$663	$31,460 -28.5%
2017	$663 +1.9%	$44,000 +69.2%
2016	$651 +27.1%	$26,000
2015	$512 -0.1%	$26,000 +13%
2014	$512	$23,000 -4.2%
2013	--	$24,000
2012	--	$24,000 -22.6%
2011	--	$31,000 -44.1%
2010	--	$55,500
2009	--	$55,500
2006	--	$55,500
2005	$567	$55,500 +50%
2004	--	$37,000 +15.5%
2003	$137	$32,041 +2.4%
2002	--	$31,290 +1.6%
2001	--	$30,797 +3%
2000	--	$29,900
1999	--	$29,900