Estimated Value: $95,000. 5231 Redstone Dr. Jacksonville, FL 32210 Purchase Price: $37,000 (Assignment fee included) Estimated Rehab: $25,000 After Repair Value: $95,000 Estimated Rent: $900 /mo. Buyer to assume seller closing costs not to exceed $1,000. - Single Family, Block, Ranch - 3 bed, 1.5 baths - 1 Car Attached Garage - Slab foundation - C/A (Has newer A/C compressor) - Built in 1959 - 1,040 sq. ft. - Chain link fenced back and front yard (Good size backyard) - Screened in Back Porch (10x 12) - Taxes = $1,468, or $123/mo. Condition on a scale on 1-10 is about a 6, its structurally sound, just needs cosmetic rehab. - Needs updated kitchen and bathrooms. Full bath needs updating, but you could probably keep the toilet and vanity as they are newer, the half bath needs everything - Needs roof (about 1,050 sq. ft.) - Windows (9 total) - Needs new flooring and painting inside and out - Needs new furnace and hot water heater - Needs updated fixtures and appliances House is close to I-295, about 5 miles from NAS JAX and Orange Park Mall. - Schools: o Hyde Grove Elementary, Jefferson Davis M.S. and Ed White H.S. Closed Sold Comps: 4737 Sprite Rd $109k (fixed up) 7434 Strato Rd $109.9k (fixed up) 7443 Canaveral Rd 69.8k (As-Is) 7460 Strato Rd $46k (As-Is) 7542 Proxima Rd $52k (same as subject house, sold As-Is) 7477 Proxima $42k (As-Is) Active Comps: 7435 Canaveral Rd $107k (28 days on market) 7418 Centauri Rd $113k (29 days on market) 7335 Proxima $105k (14 days on market, also a 2/1) 7524 Melvin Rd $99.9k (57 days on market) Several pictures are attached Thank you for your time. Any other information you may need, don't hesitate to contact me. Jim 904-637-9111 JimJr@MatthewsAndDunn.com Florida@Properties2Profits.com
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