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7859 Merchants Way

Jacksonville, FL 32222

3 bd 3 ba 1,620 sqft Built 2021 townhomes
Most recent sale
$275,000
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $275,000 MLS #1178760
Jul 11, 2022 Price changed $290,000 MLS #1178760
Jul 8, 2022 Price changed $310,000 MLS #1178760
Jul 1, 2022 Listed $320,000 MLS #1178760
Sep 10, 2021 Sold $216,200 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $193,436 $44,000 $237,436 $3,829
2024 $193,436 $44,000 $237,436 $3,686
2023 $187,952 $42,500 $230,452 $3,582
2022 $163,405 $40,000 $203,405 $2,930

Property facts

Year built
2021
Property type
townhomes
Stories
2
Beds
3
Baths
3
Living area
1,620 sqft
Lot size
ZIP code
32222
City
Jacksonville
Street
Merchants Way
Coordinates
30.20765, -81.83251

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,997
Gross rental yield
13.08%
Implied cap rate
8.50%
Trend-extrapolated value

Frequently asked questions

When did 7859 Merchants Way last sell?
7859 Merchants Way most recently sold on Aug 15, 2022 for $275,000.
What is the current tax assessment for 7859 Merchants Way?
The most recent total assessment for 7859 Merchants Way (year 2025) is $237,436 with $3,829 in property tax.
How does 7859 Merchants Way's assessment compare to its last sale price?
The current assessment is 13.7% below the last sale price of $275,000.
When was 7859 Merchants Way built?
7859 Merchants Way was built in 2021.
How does 7859 Merchants Way compare to others on Merchants Way?
We track 8 other properties on Merchants Way. Browse the list under "Other properties on Merchants Way" to compare beds, baths, and sale history.
What are the property facts for 7859 Merchants Way?
7859 Merchants Way is a 3 bed, 3 bath, 1,620 sqft townhomes.
Is 7859 Merchants Way a flip candidate?
Yes — 7859 Merchants Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7859 Merchants Way a tax-appeal candidate?
No — 7859 Merchants Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.4%
Implied 1-yr
-5.6%
2026 Q3
$283.1K
2026 Q4
$278.8K
ZIP 32222 — Median Price History + Forecast

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