Darling Bungalow in Heart of Avondale

Hurry in to see this great new listing on a super street in the Heart of Avondale. Located just a quick stroll from the Shoppes of Avondale and a very easy commute into downtown or to NAS Jax, this darling bungalow is just right. Among its great features are very charming curb appeal, tall ceilings, lots of light, renovated kitchen with corian countertops & stainless appliances, large bathroom with original tile floors, two car garage, delightful pavered patio and more! This is the one you’ve been waiting for — don’t delay. With interest rates this low, you can buy this house for less than the cost of renting!

Charming, well designed & appointed apartment on 2nd floor of desirable Park Plaza w/ spectacular river and downtown skyline views. Gracious living spaces include 2br/2 baths and a large den. Square footage has been extended by an estimated 300 feet with the enclosure of 3 of the 4 balconies. Beautiful walnut stained hardwood floors in the public areas and carpet in the bedrooms, custom crown molding. Wood plantation shutters on all windows throughout. Conveys with one garage parking space. Ample additional parking. Seller offering buyer credit toward new stove & dishwasher. Best pedestrian neighborhood in Jacksonviller, steps from shops,restaurants,Memorial Park, museum,downtown. dont miss it!

1463 Ingleside Avenue - Sold for $310K

3873 Oak St. Sold for $177K

4922 Morven Rd. Sold for $250K/Lot Value

Villa Riva, Unit 105, Sold for $775K

 The Powell Steilberg team had a banner week! We sold three of our listings, we brought a buyer to another listing, we had a contract accepted on another listing and will enter a brand new listing into the system today.

So…Four completed transactions (closings) in one week with two more on the way is a good thing! Good for us personally but also good for the state of the real estate market in Jacksonville – things are really beginning to move!

Two of the homes we sold were sold at FULL PRICE. This means that the homes were well priced, the buyers realized the value being offered and were smart enough to jump on a good deal when they saw it.

The properties were:
1.A luxury condominium at Villa Riva – Unit 105 – Sold for $775K

2. A Small Brick 2br/1ba bungalow on Morven Road in Ortega. It sold for $250K which was just about lot value – the buyer plans to tear the house down.

3. A wonderful two story home in Avondale that I wrote about yesterday. Sold for $310K. Buyers are delighted with their purchase!

4. A very special 3br/1ba bungalow in Avondale on Oak Street with hardwood floors & renovated kitchen. Sold for asking price of $177K. First time home buyers are very excited about their new home!

1463 Ingleside Avenue, Jacksonville, FL

We had a wonderful closing today on our listing at 1463 Ingleside Avenue in the lovely Avondale neighborhood of Jacksonville. It was one of those rare closings where both the buyers and sellers were at the closing table and both were very happy about the transaction. In our fast paced world, we often have MAIL AWAY closings (where neither buyer nor seller actually attends the closing) or closings where either the buyer or seller signs “in advance” and the closing only has one party in attendance.

The house was listed at $310,000 (and SOLD for $310,000) and is a lovely two story residence within walking distance to the shoppes of Avondale that has 3 bedrooms, 2.5 baths, renovated kitchen, family room, large master bath, a guest house AND a 1.5 car garage — Wow! The buyers recognized the value and offered full price.

Thank you to our sellers and congratulations to the buyers — we look forward to having you in the neighborhood!

In a post I wrote some time ago, I talked about Amendment One or Property Tax Portability. In a time of sagging real estate prices, there continues to be some GOOD NEWS in Real Estate.

If you have lived in your home for a long time (let’s say 10 years or more), there is likely a difference between the assessed and market values of your home due to the Save Our Homes Amendment (Amendment 10) which has limited the increase in the assessed value of your home to 3% or the CPI (whichever is less) since it was passed in 1992.

If you are one of the lucky people who has benefitted from this difference in value (referred to as deferred value), when you SELL, you can carry or “port” this difference with you to a new homestead in the state of Florida.

Effective as of January 2008, Amendment One was intended to “unlock” the real estate market and enable people who had been in their homes a long time and who had accumulated substantial property tax savings to take it with them or “port” it to a new homestead so they could sell but continue to enjoy lower property taxes.

I recently had the pleasure of working with a customer who had accumulated the maximum allowable port ($500K) who was able to apply that amount to a new residence and realize SUBSTANTIAL savings on their property tax bill. The customer did not know about Property tax portability and was, of course, DELIGHTED to learn about this amazing benefit! Click here for a table with examples  of how Portability works.

It pays to work with realtors who know not only the latest statistics of the market but also other facets of the market that can save you money!

4631 Ortega Blvd.

We are fortunate to have just listed another WONDERFUL home in one of Jacksonville’s best neighborhoods – Ortega! Very spacious with 4,700 square feet, this home has room for everyone and all of the features desired by today’s buyers.

Starting with the dramatic entrance foyer and moving into the huge dining room flanked by large picture windows, you know right away that this is a home made for entertaining! The family room is open to the fabulous kitchen that has lots of counter space, a large eat-in area and easy access to the two car garage.

The master bedroom is downstairs and the home features a split plan with a fabulous loft space upstairs that could be used as a second family room for teens, a study area, a home theater area or exercise space. The possibilities are limitless.

Please call us for an appointment to see this great house before it gets snapped up — at only $840,000 (178 per square foot) it’s likely to go fast!

Classic Elegance

The Avondale and Ortega areas are noted for their Historic Charm and Beautiful Older Homes but we all know that historic homes often go hand in hand with high maintenance and/or renovation expenses.

The new home that we’ve just listed at 4973 Arapahoe Avenue provides the best of both worlds. Here, you get to be part of an established, older neighborhood yet enjoy the modern conveniences afforded by new construction. Built in 2006 by noted builder John Parr, this home has an open floorplan, tall ceilings, a great livability factor, five bedrooms, a fabulous loft/bonus room, walk-in closets, walk-in pantry, very spacious garage with storage, large screened patio and refreshing salt water pool. To see a video of the home, click here.

Refreshing Salt Water Pool

Take a look and please call if you’d like to see this great home in person! We’d be happy to schedule a showing appointment.

1252 Windsor Place, Jacksonville, FL

Just in time for the summer, this wonderful pool home has just been reduced by a whopping $29,000 and is a real value for today’s buyers.

Located at 1252 Windsor Place, within walking distance to the shoppes of Avondale and the wonderful Cool Moose Cafe this 3BR/2BA home is a signature Marsh and Saxelbye home from the 1920’s.

Mediterranean architecture, tall ceilings, wood floors and more are just a few of the special features of this great house. Located at the end of a cul de sac with a two car garage and wonderful bonus room above, this is a must see.

Please call me or Caroline for an appointment to see this great house today!

1422 Rensselaer Avenue

 JUST LISTED today in the historic district of Avondale, this adorable bungalow with wonderful front porch is waiting for its new owner! Among the great features of this house are 3BR’s/1BA, totally renovated kitchen with brand new cabinets, countertops and appliances, great tile backsplash with mosaic glass inserts, beautiful wood floors, lots of windows and natural light, wide doorways, fireplace and HUGE fenced yard. This great home is also just steps away from Boone Park, minutes from downtown and within walking distance to the shoppes of Avondale. You can indulge in a frozen sweet treat at the new YOBE yogurt or a melt in your mouth BBQ sandwich at MOJO’s on St. John’s Avenue. Don’t miss it this great starter home! 1422 Rensselaer Avenue, Jacksonville, FL 32205. MLS #577242.

Please call me or Caroline for an appointment to see this very special home!