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Putnam 32177
2015 Locust Avenue
$124,000
● House - Off Market

2015 Locust Avenue

Palatka, FL 32177
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,431 Ft²
$220,758
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

Charming, well-maintained 3BR/1.5BA concrete block home in great neighborhood. Newly painted inside. French doors off dining room. Carpeting & vinyl flooring. Ceiling fans. Large fenced backyard with metal shed. Large laundry room with shelving. Bonus room/office with large closet.
Unit Size
1,431 Ft²
Days on Market
-
Land Size
-
Price per sqft
$90
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1977

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 #349026)

Price History

Date / Event Date Event Price
Dec 2, 2014 Sold
Premium
Sold
Jun 4, 2014 Listed by RE/MAX SPECIALIST $39,000
Listed by RE/MAX SPECIALIST
Feb 26, 2014 Sold
Premium
Sold
May 9, 2007 Sold
Premium
Sold
Jan 24, 2007 Listed by RE/MAX SPECIALIST $129,000
Listed by RE/MAX SPECIALIST

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 63
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 8
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK TERRACE
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: OAK TERRACE MB3 P146 BLK 11 LOT 6 & N 25FT OF LOT 7

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950900

Geography

  • Account Number: 41535
  • Parcel: 13-10-26-6550-0110-0060
  • Block: 11
  • Lot: 6
  • Meridian: SEC 13 TWN 10S RNG 26E
  • Municipality: PUTNAM COUNTY
  • Latitude: 29.6276
  • Longitude: -81.6552

    Address

  • Full Address: 2015 Locust Ave
  • Address - House Number: 2015
  • Address - Street Name: Locust
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Palatka
  • Carrier Code: C007
  • 4-Digit Zip Code: 5824
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 1,347
  • Tax Year: 2023
  • Tax Amount: $75,080
  • Tax Rate Code Area: 000

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 114,952
  • High Value: 168,228
  • Low Value: 61,675

    Market Valuation

  • Market Total Value: $119,304
  • Market Land Value: $10,400
  • Market Improvement Value: $108,904

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $63,960

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 07, 2014
  • Current Sale Recording Date: Dec 02, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 201454807865
  • Previous Sale Recording Date: Feb 26, 2014
  • Previous Sale Contract Date: Jan 16, 2014
  • Previous Sale Amount: $86,000
  • Previous Sale Document Type: 30
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:

$274,900

Sale Price/ft²

$188

Below Asking

0.04%

Average Days on Market

95

Average Home Size

1780 ft²

Average Home Age

45 years

Currently For Sale

296 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

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Real MLS

Listed by: BOB WOODS, RE/MAX SPECIALIST
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 349026
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 2015 Locust Avenue built and last sold?
The property at 2015 Locust Avenue was built in 1977 and last sold on Nov 7, 2014 for $44,000.
How much is this home worth?
The estimated value of the home located at 2015 Locust Avenue is $0.
What are some comparable homes to 2015 Locust Avenue?
There are currently no comparable homes to 2015 Locust Avenue.
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