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Putnam 32189
148 LAKE MARGO Drive
$224,900
↓ $5K (2.2%)
● House - For Sale

148 LAKE MARGO Drive

Satsuma, FL 32189
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,440 Ft²
$1,459
Est. Monthly
$75
HOA / Fees

About This Property

NEW PRICE + SELLER INCENTIVES! Seller is offering up to $7,500 toward the buyer's closing costs and/or home updates, plus $900 toward the first year of HOA dues, with an acceptable offer. The home also features a brand-new 2026 roof and new water heater! Located in the desirable St. Johns River Estates 18+ community, this well-maintained 3-bedroom, 2-bath home offers 1,440 square feet, an open layout, split-bedroom floor plan, and a versatile bonus room ideal for an office, hobby space, or guest room. Enjoy peaceful pond views from the screened porch, plus access to the community pool, clubhouse, marina, private boat ramp, and canal leading to Murphy Creek and the St. Johns River. Low HOA of just $75 per month!  Some photographs have been virtually staged. Furnishings and decor shown are for illustrative purposes only and are not included in the sale.
Unit Size
1,440 Ft²
Days on Market
129 days
Land Size
0.14 acres
Price per sqft
$156
Property Type
House
Property Taxes
$280
HOA Dues
$75
Year Built
2007

Listed By

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Last updated: 26 days ago (Real MLS #2150388)

Price History

Date / Event Date Event Price
Sep 23, 2026 Price Decreased $224,900
↓ $5K (2.2%)
Price Decreased
Sep 8, 2026 Price Decreased $230,000
↓ $5K (2.1%)
Price Decreased
Jun 12, 2026 Listed by IHEART REALTY INC $235,000
Listed by IHEART REALTY INC
Jul 15, 2025 Price Decreased $239,000
↓ $10K (4%)
Price Decreased
May 25, 2025 Price Decreased $249,000
↓ $6K (2.4%)
Price Decreased
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Property Highlights

Parking Available
Air Conditioning
With View
Parking Details
Has Carport
Parking Features: Attached Carport, Carport
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Kitchen Island, Walk-In Closet(s), Split Bedrooms
Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Refrigerator, Washer
Flooring Type: Carpet, Tile
Laundry Features: In Unit
Rooms: 8
Exterior Details
Has Property Attached
Square Footage: 1440
Square Footage Source: $0
Security Features: Smoke Detector(s)
Year Built: 2007
Waterfront Features: Pond, River Access
Levels: One
Patio and Porch Features: Covered, Rear Porch, Screened
Lot Features: Few Trees
Lot Size Area: 0.14
Lot Size Units: Acres
Lot Size Acres: 0.14
Lot Size Square Feet: 6098.4
Water Source: Private
Financial Details
Tax Annual Amount: $3,355
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Pool, Boat Dock, Boat Slip, Clubhouse, Marina, Trash, Boat Launch
HOA Fee: $75
HOA Fee Frequency: Monthly

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,440
  • Gross Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAYOU CLUB
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: BAYOU CLUB UNIT 1-C MB6 P74 BLK 6 LOT 6

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 951200

Geography

  • Account Number: 92648
  • Parcel: 39-10-26-0380-0060-0060
  • Block: 6
  • Lot: 6
  • Meridian: SEC 39 TWN 10S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.5777
  • Longitude: -81.6697

    Address

  • Full Address: 148 Lake Margo Dr
  • Address - House Number: 148
  • Address - Street Name: Lake Margo
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Satsuma
  • Carrier Code: H004
  • 4-Digit Zip Code: 2741
  • Zip Code: 32189

Valuation

    Tax

  • Total Area: 1,636
  • Tax Year: 2023
  • Tax Amount: $295,145
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 201,375
  • High Value: 294,705
  • Low Value: 108,044

    Market Valuation

  • Market Total Value: $183,290
  • Market Land Value: $25,000
  • Market Improvement Value: $158,290

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $183,290
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $158,290

    Sales

  • Current Sale Contract Date: Apr 04, 2008
  • Current Sale Recording Date: Apr 14, 2008
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 200854647026
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Putnam


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Frequently Asked Questions

When was property at 148 Lake Margo Drive built and last sold?
The property at 148 Lake Margo Drive was built in 2007 and last sold on Apr 4, 2008 for $149,000.
How much is this home worth?
The estimated value of the home located at 148 Lake Margo Drive is $223,819.
What are some comparable homes to 148 Lake Margo Drive?
There are currently no comparable homes to 148 Lake Margo Drive.