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Palatka 32177
2005 OAK Street
$150,000
● House - Off Market

2005 OAK Street

Palatka, FL 32177
bedrooms
2 Beds
bathrooms
1 Bath
square feet
988 Ft²
$159,004
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Adorable & Affordable Home in the Heart of Palatka!  This 2bed/1bath Concrete Block Home with a Metal Roof is quietly nestled on a 0.17 Acre Lot and offers a fully Fenced-In Back Yard and a Storage Building.   As if that wasn't enough, this Hidden Gem is Move-In Ready and will come FULLY FURNISHED!!!  This home has numerous upgrades & renovations and is absolutely packed with vintage 1950s Charm!
Unit Size
988 Ft²
Days on Market
26 days
Land Size
-
Price per sqft
$162
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

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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: 11 months ago (Real MLS #1239704)

Price History

Date / Event Date Event Price
Aug 25, 2023 Sold
Premium
Sold
Jul 26, 2023 Listed by IHEART REALTY INC $159,900
Listed by IHEART REALTY INC
May 27, 2022 Sold
Premium
Sold
May 9, 2022 Listed by COLDWELL BANKER BEN BATES INC $110,000
Listed by COLDWELL BANKER BEN BATES INC
2BR/1BA concrete block home with screened front porch & 1-car carport.
Nov 10, 2021 Listed by IHEART REALTY INC $124,900
Listed by IHEART REALTY INC
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 208
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 53
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 500
  • Total Building Area: 988
  • Gross Building Area: 988
  • Building Area: 988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CONWAYS OF ROGEROS ADD
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: CONWAYS OF ROGEROS ADD MB2 P29

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950700

Geography

  • Account Number: 4060
  • Parcel: 12-10-26-1550-0040-0030
  • Lot: 3
  • Meridian: SEC 12 TWN 10S RNG 26E
  • Municipality: CITY OF PALATKA
  • Latitude: 29.648
  • Longitude: -81.6502

    Address

  • Full Address: 2005 Oak St
  • Address - House Number: 2005
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: FL
  • City Name: Palatka
  • Carrier Code: C004
  • 4-Digit Zip Code: 4336
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 1,191
  • Tax Year: 2023
  • Tax Amount: $144,392
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 81,878
  • High Value: 119,825
  • Low Value: 43,930

    Market Valuation

  • Market Total Value: $88,530
  • Market Land Value: $7,800
  • Market Improvement Value: $80,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $88,530
  • Assessed Land Value: $7,800
  • Assessed Improvements Value: $80,730

    Sales

  • Current Sale Contract Date: Aug 22, 2023
  • Current Sale Recording Date: Aug 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19023
  • Previous Sale Recording Date: May 27, 2022
  • Previous Sale Contract Date: May 25, 2022
  • Previous Sale Amount: $110,000
  • 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 Palatka

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$161

Below Asking

0.04%

Average Days on Market

98

Average Home Size

1622 ft²

Average Home Age

62.6 years

Currently For Sale

51 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 105 N 2nd Street, FL, 32177

$1,650 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
105 N 2nd Street, FL, 32177 Listing by TAYLOR DOUGLAS

Rentals Near You

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

Listed by: CHRISTOPHER CHASE BARNES, IHEART REALTY INC
Last Updated: 11 months ago
Data Source: Real MLS, MLS# 1239704
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 2005 Oak Street built and last sold?
The property at 2005 Oak Street was built in 1950 and last sold on Aug 22, 2023 for $150,000.
How much is this home worth?
The estimated value of the home located at 2005 Oak Street is $156,830.
What are some comparable homes to 2005 Oak Street?
There are currently no comparable homes to 2005 Oak Street.
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