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Palatka 32177
249 Redbud Lane
$164,900
● House - Off Market

249 Redbud Lane

Palatka, FL 32177
bedrooms
3 Beds
bathrooms
2 Baths
square feet
988 Ft²
$810
Est. Monthly

About This Property

Brick home with beautiful pool, nice screened porch & security system.
Unit Size
988 Ft²
Days on Market
-
Land Size
-
Price per sqft
$167
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (Real MLS #362864)

Price History

Date / Event Date Event Price
Jun 18, 2018 Sold
Premium
Sold
Feb 25, 2018 Listed by COLDWELL BANKER BEN BATES INC $99,900
Listed by COLDWELL BANKER BEN BATES INC
Oct 20, 2014 Sold
Premium
Sold
Dec 12, 2013 Listed by COLDWELL BANKER BEN BATES INC $27,600
Listed by COLDWELL BANKER BEN BATES INC
Apr 3, 2007 Listed by COLDWELL BANKER BEN BATES INC $164,900
Listed by COLDWELL BANKER BEN BATES INC
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • 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: 7
  • Garage Square Area: 312
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 59
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 760
  • 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: ROLLING HILLS SUB
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: ROLLING HILLS S/D UNIT 5 MB6 P18 BLK H LOT 19

Neighborhood

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

Geography

  • Account Number: 53672
  • Parcel: 13-10-26-8014-0080-0190
  • Block: 8
  • Lot: 19
  • Meridian: SEC 13 TWN 10S RNG 26E
  • Municipality: CITY OF PALATKA
  • Latitude: 29.6211
  • Longitude: -81.6569

    Address

  • Full Address: 249 Redbud Ln
  • Address - House Number: 249
  • Address - Street Name: Redbud
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Palatka
  • Carrier Code: C009
  • 4-Digit Zip Code: 6432
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 1,221
  • Tax Year: 2023
  • Tax Amount: $175,490
  • Tax Rate Code Area: 010

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 151,316
  • High Value: 221,446
  • Low Value: 81,185

    Market Valuation

  • Market Total Value: $161,920
  • Market Land Value: $9,060
  • Market Improvement Value: $152,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,560

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 30, 2018
  • Current Sale Recording Date: Jun 18, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 201854011200
  • Previous Sale Recording Date: Oct 20, 2014
  • Previous Sale Contract Date: Oct 07, 2014
  • Previous Sale Amount: $16,500
  • Previous Sale Document Type: 68
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:

$202,500

Sale Price/ft²

$157

Below Asking

0.04%

Average Days on Market

66

Average Home Size

1640 ft²

Average Home Age

66.4 years

Currently For Sale

65 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

Rentals Near You

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Real MLS

Listed by: EMILY MORRIS, COLDWELL BANKER BEN BATES INC
Last Updated: 2 years ago
Data Source: Real MLS, MLS# 362864
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 249 Redbud Lane built and last sold?
The property at 249 Redbud Lane was built in 1985 and last sold on May 30, 2018 for $106,000.
How much is this home worth?
The estimated value of the home located at 249 Redbud Lane is $0.
What are some comparable homes to 249 Redbud Lane?
There are currently no comparable homes to 249 Redbud Lane.
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