1055 NE Cherry Lake Cir Madison, FL 32340
Estimated payment $4,132/month
Total Views
2,287
3
Beds
3
Baths
2,040
Sq Ft
$326
Price per Sq Ft
Highlights
- Lake Front
- Central Heating and Cooling System
- Wood Siding
- Traditional Architecture
- Utility Room
- Vinyl Flooring
About This Home
Enjoy the beauty of lakefront living with this newly renovated 3 bedroom, 3 bathroom home on Cherry Lake in Madison County, Florida. Situated on .59 acres with direct lake frontage, this move-in ready home features fresh paint, all-new flooring, and an open floor plan with large windows offering stunning views of the water. Downstairs, you’ll find a versatile bonus room that opens directly to the lake—complete with its own bathroom and a dedicated space for a washer and dryer. A concrete boat ramp adds convenience, and while the dock needs a little work, the framework is already in place for lakeside enjoyment. Whether you're looking for a full-time residence or a weekend getaway, this property delivers comfort and outdoor fun. Cherry Lake is skiable and known for its excellent fishing, boating, and swimming—bringing recreation right to your backyard. The large front area between the house and road offers ample parking or room to add a workshop or garage. With peaceful views and direct lake access, this home is ready for your next chapter filled with unforgettable memories.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,096
Year Built
- Built in 1950
Lot Details
- 0.59 Acre Lot
- Lake Front
Parking
- Driveway
Home Design
- Traditional Architecture
- Wood Siding
Interior Spaces
- 2,040 Sq Ft Home
- Utility Room
- Vinyl Flooring
- Lake Views
- Finished Basement
Kitchen
- Oven
- Range
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Madison County Central Elementary School
- Madison County Middle School
- Madison County High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 12079-00-00-00-3245-002-001
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,096 | $447,423 | $170,000 | $277,423 |
| 2023 | $5,705 | $323,382 | $0 | $0 |
| 2022 | $5,124 | $338,530 | $110,500 | $228,030 |
| 2021 | $4,821 | $300,354 | $110,500 | $189,854 |
| 2020 | $4,277 | $242,962 | $74,375 | $168,587 |
| 2019 | $4,151 | $233,742 | $93,500 | $140,242 |
| 2018 | $4,369 | $242,574 | $0 | $0 |
| 2017 | $4,630 | $254,905 | $110,500 | $144,405 |
| 2016 | $4,846 | $266,966 | $119,000 | $147,966 |
| 2015 | $4,955 | $267,294 | $119,000 | $148,294 |
| 2014 | $5,118 | $276,652 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | For Sale | $665,000 | -- | $326 / Sq Ft |
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $435,000 | Attorney | |
| Warranty Deed | $360,000 | Attorney | |
| Warranty Deed | $240,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $387,000 | Unknown | |
| Previous Owner | $360,000 | Unknown |
Source: Public Records
Similar Homes in Madison, FL
Source: Capital Area Technology & REALTOR® Services (Tallahassee Board of REALTORS®)
MLS Number: 389200
APN: 00-00-00-3245-002-001
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