Property Description:
This 4-bed, 1.5-bath brick home offers 1,140 sq ft of living space on a large 0.45-acre lot in the Ribault River area of Jacksonville. Built in 1971 with durable CBS construction and a carport, the home sits in a quiet residential neighborhood with minimal turnover and spacious yards. The lot size alone makes this an outlier in the market.
๐ ๏ธ Dated Systems โ Light Rehab + Bath Conversion for Strong Upside
The roof and AC are older and the interior needs a full cosmetic refresh, including flooring, kitchen, bath, and fixtures. However, the biggest value-add is upgrading the half bath to a full second bath. Nearby 1-bath homes are sitting longer, while 2-bath comps are moving quicker and fetching stronger prices.
๐ฐ Market Comps โ Room to Push ARV with Simple Improvements
๐ต Closed Sales
4222 Harbor View Dr โ 3/2, 1,256 sq ft, 0.43 acres, built 2000 โ Sold $175K ($139/sq ft) โ newer build, similar lot
4446 Harbor View Dr โ 3/2, 1,178 sq ft, 0.32 acres, built 1971 โ Sold $177K ($150/sq ft) โ same year, smaller lot
6936 Champlain Rd โ 3/1, 1,302 sq ft, 9,151 sq ft lot, built 1956 โ Sold $240K ($184/sq ft) โ older, larger home
4662 Lincrest Dr N โ 3/2, 1,383 sq ft, 9,785 sq ft lot, built 1960 โ Sold $209K ($151/sq ft) โ similar size lot, updated
๐ก Active/Pending
8636 Bermuda Rd โ 3/1, 962 sq ft, 0.28 acres, built 1960 โ Listed $168K ($175/sq ft) โ smaller house/lot
4246 Clyde Dr โ 3/1, 1,050 sq ft, 0.24 acres, built 1960 โ Pending $144.5K ($138/sq ft) โ smaller house/lot
๐ Valuation Notes
The subject has the largest lot of any comp and one of the few 4-bed layouts in the area. Adding a second full bath significantly increases appeal. With moderate updates and the bath conversion, this should easily support an ARV of ~$185Kโ$200K, potentially more if finished to a high spec.