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Putnam 32177
101 REDBUD WOODS Trail
$237,500
● House - Off Market

101 REDBUD WOODS Trail

Palatka, FL 32177
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2,958 Ft²
$317,736
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Spacious Pool Home with loads of potential!   The demo work has been started and it's ready for you to finish to your liking.  This huge 4 bedroom 2 bath plus 2 half bath home is conveniently located on a  1.4+/- acre corner lot in the Point of Woods neighborhood.  Features include two large living rooms with stone fireplaces, a separate family room, formal dining room, and kitchen with breakfast nook.  Exterior features a two car carport, over-sized two car garage with storage above, several porches, and an in-ground pool.
Unit Size
2,958 Ft²
Days on Market
-
Land Size
-
Price per sqft
$101
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1979

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Real MLS #1195516)

Price History

Date / Event Date Event Price
Dec 22, 2022 Sold
Premium
Sold
Oct 11, 2022 Listed by COLDWELL BANKER BEN BATES INC $299,500
Listed by COLDWELL BANKER BEN BATES INC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 672
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 62,726
  • Lot Size Depth Feet: 2,900
  • Lot Size Frontage Feet: 1,620
  • Total Building Area: 2,958
  • Gross Building Area: 3,630
  • Building Area: 2,958
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 2,958
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POINT WOODS ADD 01
  • Land Acres: 0000001440
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: PT OF S1/2 OF SE1/4 OF NW1/4 OR363 P50 (LOT 57 POINT OF WOODS FIRST ADD UNRECORDED)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950600

Geography

  • Account Number: 50298
  • Parcel: 15-10-26-7315-0000-0570
  • Lot: 57
  • Meridian: SEC 15 TWN 10S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6272
  • Longitude: -81.6893

    Address

  • Full Address: 101 Redbud Woods Trl
  • Address - House Number: 101
  • Address - Street Name: Redbud Woods
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: Palatka
  • Carrier Code: R005
  • 4-Digit Zip Code: 9151
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 3,718
  • Tax Year: 2023
  • Tax Amount: $631,130
  • Initial Tax Delinquent Year: 2020
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 369,216
  • High Value: 540,335
  • Low Value: 198,096

    Market Valuation

  • Market Total Value: $370,340
  • Market Land Value: $40,420
  • Market Improvement Value: $329,920

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $370,340
  • Assessed Land Value: $40,420
  • Assessed Improvements Value: $329,920

    Sales

  • Current Sale Contract Date: Dec 22, 2022
  • Current Sale Recording Date: Dec 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30029
  • Previous Sale Recording Date: Jul 16, 2010
  • Previous Sale Contract Date: Jul 15, 2010
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Putnam

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$189

Below Asking

0.04%

Average Days on Market

97

Average Home Size

1769 ft²

Average Home Age

45.4 years

Currently For Sale

297 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3301 Druid Street, Palatka, FL, 32177

$1,450 /mo

  • 2 Beds
  • 1 Bath
  • 856 ft²
3301 Druid Street, Palatka, FL, 32177 Listing by STEVEN KOLENO
Unit for rent at 207 Skeet Club Road, Palatka, FL, 32177

$1,400 /mo

  • 4 Beds
  • 2 Baths
  • 1,458 ft²
207 Skeet Club Road, Palatka, FL, 32177 Listing by MEICHELLE BUCK

Rentals Near You

Click here to view more rentals in the neighborhood.
Real MLS

Listed by: JENNIFER FORTNER, COLDWELL BANKER BEN BATES INC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1195516
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by NEFMLS. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 101 Redbud Woods Trail built and last sold?
The property at 101 Redbud Woods Trail was built in 1979 and last sold on Dec 22, 2022 for $237,500.
How much is this home worth?
The estimated value of the home located at 101 Redbud Woods Trail is $309,503.
What are some comparable homes to 101 Redbud Woods Trail?
There are currently no comparable homes to 101 Redbud Woods Trail.
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