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Putnam 32177
103 COLONIAL Circle
$90,000
● House - Off Market

103 COLONIAL Circle

Palatka, FL 32177
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,032 Ft²
$123,369
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

LOCATION! LOCATION! LOCATION!!! Come see this 3/1 block home.  In a great location.  Home is is need of some repairs and is being so in AS IS condition.  This could be a real beauty with a little TLC.  Partial fenced has a nice carport and detached shed, concreate driveway and on a paved road.  Nearby schools, shopping hospital and Doctors.  Only minutes to Ocala, ,St Augustine, Gainesville or Jacksonville. Only one block off four lane  road. Home sits on .22 acres and  has 4 inch deep well .
Unit Size
1,032 Ft²
Days on Market
-
Land Size
-
Price per sqft
$91
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975

Payment Calculator

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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 #1076500)

Price History

Date / Event Date Event Price
Jan 5, 2021 Sold
Premium
Sold
Oct 4, 2020 Listed by TEAM FLORIDA REALTY SERVICES INC $93,900
Listed by TEAM FLORIDA REALTY SERVICES INC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • 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: 3
  • Garage Square Area: 264
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 950
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 960
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERITAGE OAKS SUB
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: PT OF W 1/2 OF SW 1/4 OR 289 P16 (LOT 19 HERITAGE OAKS S/D UNRECORDED)

Neighborhood

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

Geography

  • Account Number: 79144
  • Parcel: 09-10-26-0000-0260-0020
  • Lot: 19
  • Meridian: SEC 09 TWN 10S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6361
  • Longitude: -81.7119

    Address

  • Full Address: 103 Colonial Cir
  • Address - House Number: 103
  • Address - Street Name: Colonial
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Palatka
  • Carrier Code: R004
  • 4-Digit Zip Code: 8970
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 1,161
  • Tax Year: 2023
  • Tax Amount: $131,051
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 99,419
  • High Value: 145,496
  • Low Value: 53,341

    Market Valuation

  • Market Total Value: $105,020
  • Market Land Value: $13,110
  • Market Improvement Value: $91,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,020
  • Assessed Land Value: $13,110
  • Assessed Improvements Value: $91,910

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 31, 2020
  • Current Sale Recording Date: Jan 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202154000170
  • Previous Sale Recording Date: Apr 10, 2014
  • Previous Sale Contract Date: Apr 10, 2014
  • Previous Sale Document Type: 69
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:

$279,250

Sale Price/ft²

$189

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1774 ft²

Average Home Age

46.2 years

Currently For Sale

412 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 7451 Crill Avenue, Palatka, FL, 32177

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,440 ft²
7451 Crill Avenue, Palatka, FL, 32177 Listing by SAMANTHA SCHUPP

Rentals Near You

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

Listed by: LIBBY YARBROUGH, TEAM FLORIDA REALTY SERVICES INC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1076500
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 103 Colonial Circle built and last sold?
The property at 103 Colonial Circle was built in 1975 and last sold on Dec 31, 2020 for $90,000.
How much is this home worth?
The estimated value of the home located at 103 Colonial Circle is $100,403.
What are some comparable homes to 103 Colonial Circle?
There are currently no comparable homes to 103 Colonial Circle.
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