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Palatka 32177
324 Dodge Street
$50,000
● House - Off Market

324 Dodge Street

Palatka, FL 32177
bedrooms
2 Beds
bathrooms
1 Bath
square feet
936 Ft²
$97,236
RealtyHop Estimate
77.38%
Since Nov 1, 2015
National-US
Primary Model

About This Property

Own a piece of history in the south historic district. This charming cottage features 3 solid brick fireplaces and newly updated kitchen and bath, beautiful original hardwood floors. Fresh paint and many updates.Relax on the spacious front porch or enjoy the evening on the screened side porch. Walk to downtown or the waterfront park and boat ramp plus all the amenities that Palatka has to offer. This property may qualify for down payment assistance grant.
Unit Size
936 Ft²
Days on Market
-
Land Size
-
Price per sqft
$59
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1915

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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: 3 years ago (Real MLS #697406)

Price History

Date / Event Date Event Price
Aug 7, 2018 Sold
Premium
Sold
Jul 8, 2018 Listed by WATSON REALTY CORP $119,900
Listed by WATSON REALTY CORP
Oct 2, 2015 Sold
Premium
Sold
Dec 27, 2013 Listed by WATSON REALTY CORP $54,817
Listed by WATSON REALTY CORP

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1995
  • 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: 18
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 936
  • Gross Building Area: 936
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PALATKA
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 00100
  • State Land Use Code: 01
  • Legal Description 1: DICKS MAP OF PALATKA MB2 P46 BLK 41 E 50FT OF W 100FT OF LOT 4 BK119 P438

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 950800

Geography

  • Account Number: 42751
  • Parcel: 42-10-27-6850-0410-0041
  • Block: 41
  • Lot: 4.1
  • Meridian: SEC 42 TWN 10S RNG 27E
  • Municipality: PALATKA CITY - SOUTH HIST DIST
  • Latitude: 29.6447
  • Longitude: -81.6369

    Address

  • Full Address: 324 Dodge St
  • Address - House Number: 324
  • Address - Street Name: Dodge
  • Address - Suffix Type: St
  • State: FL
  • City Name: Palatka
  • Carrier Code: C020
  • 4-Digit Zip Code: 5130
  • Zip Code: 32177

Valuation

    Tax

  • Total Area: 1,028
  • Tax Year: 2023
  • Tax Amount: $87,698
  • Tax Rate Code Area: 017

    Appraisal Valuation

  • Standard Deviation: 0.4634
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 7
  • Final Value: 121,677
  • High Value: 178,070
  • Low Value: 65,283

    Market Valuation

  • Market Total Value: $126,670
  • Market Land Value: $18,000
  • Market Improvement Value: $108,670

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,870

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 03, 2018
  • Current Sale Recording Date: Aug 07, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201854014445
  • Previous Sale Recording Date: Oct 02, 2015
  • Previous Sale Contract Date: Oct 02, 2015
  • Previous Sale Amount: $50,000
  • 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:

$231,500

Sale Price/ft²

$163

Below Asking

0.04%

Average Days on Market

98

Average Home Size

1581 ft²

Average Home Age

63.7 years

Currently For Sale

54 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: SANDRA M SMITH, WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 697406
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 324 Dodge Street built and last sold?
The property at 324 Dodge Street was built in 1915 and last sold on Aug 3, 2018 for $112,000.
How much is this home worth?
The estimated value of the home located at 324 Dodge Street is $121,145.
What are some comparable homes to 324 Dodge Street?
There are currently no comparable homes to 324 Dodge Street.
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