NOT LISTED FOR SALE

116 Timber Ln Palatka, FL 32177

Estimated Value: $414,945 - $505,000

5 Beds
3 Baths
4,800 Sq Ft
$96/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $370,000 $77 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,970/month

101 Days on Market

Highlights

  • Private Lot
  • Mediterranean Architecture
  • Enclosed Patio or Porch
  • Living Room with Fireplace
  • High Ceiling
  • Separate Outdoor Workshop

About This Home

As of April 2023

NEED SPACE? Check out this 4800sqft. Spanish style home. Enter through a wrought iron door; a massive castle-like wooden door into the stunning, red-tiled courtyard. Enter the foyer through beautiful red wooden doors. The natural light pours in from multiply walls of windows in the kitchen and living room. The spacious eat-in kitchen has a Jenn-Air stove top with attachments, 2 ovens, and tons of countertop space. The solid wood cabinets give you plenty of storage space including a built-in wine-rack & medicine cabinet, both are lockable. All bedrooms are HUGE and 3 of the 5 bedrooms have separate access doors. The master suite will fit a king size bed plus a whole living room set. There's 2-HVAC, 2 wells, 2 septic tanks, a screened back Patio, and a garage with separate workshop. This truly unique home has built-in throughout, a Nutone cleaning system, copper fireplace feature, wrought iron window & gates, a sunroom, and even a Bidet. This home is a must see and there is a LOT of HOME TO SEE!

Last Agent to Sell the Property

HEATHER HUNTER

IHEART REALTY INC. License #3471642 Listed on: 10/20/2022

IHEART REALTY INC.

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,053

Year Built

  • Built in 1983

Lot Details

  • 0.5 Acre Lot
  • South Facing Home
  • Fenced
  • Private Lot
  • Garden
  • Property is zoned R-1HA

HOA Fees

  • $21 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Side Facing Garage

Home Design

  • Mediterranean Architecture
  • Patio Home
  • Courtyard Style Home
  • Slab Foundation
  • Metal Roof
  • Stucco

Interior Spaces

  • 4,800 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • French Doors
  • Living Room with Fireplace
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Courtyard
  • Enclosed Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Schools

  • Interlachen Elementary School
  • Q. I. Roberts Jr/Sr High Middle School
  • Palatka High School

Utilities

  • Central Heating and Cooling System
  • Water Filtration System
  • 2 Water Wells
  • Electric Water Heater
  • 2 Septic Tanks

Listing and Financial Details

Community Details

Overview

  • Round Lake Park Association
  • Round Lake Park Sub Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,053

Year Built

Built in 1983

Lot Details

0

HOA Fees

$21 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Courtyard, Patio Home, Mediterranean
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 4800
  • Lot Size Acres: 0.5
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 21780
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 77.08
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Crown Molding, Eat-in Kitchen, High Ceilings, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 445.93

Exterior Features

  • Direction Faces: South
  • Other Structures: Shed(s), Workshop
  • Exterior Features: Courtyard, French Doors, Garden, Sidewalk, Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Patio, Screened
  • Road Surface Type: Asphalt, Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12107C0190C

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Faces Side, Workshop in Garage

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: None
  • Number Of Septics: 2
  • Number of Wells: 2

Condo/Co-op/Association

  • Community Features: Playground
  • Association Fee: 250
  • Association Fee Frequency: Annually
  • Association Name: ROUND LAKE PARK
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 250.00
  • Total Monthly Fees: 20.83
  • Monthly HOA Amount: 20.83

Schools

  • Elementary School: Interlachen Elementary School
  • High School: Palatka High School
  • Middle Or Junior School: Q. I. Roberts Jr/Sr High School

Lot Info

  • Zoning: R-1HA
  • Parcel Number: 16-10-26-8040-0000-0140
  • Additional Parcels: No
  • Fencing: Fenced, Other
  • Lot Features: City Limits, Private, Paved
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 3053
  • Tax Book Number: 6-10
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2022
Closed on
Apr 14, 2023
Sold by
Counts William C and Counts Jena A
Bought by
Kearley Alan Lamar and Kearley Amber L
Seller's Agent
HEATHER HUNTER
IHEART REALTY INC.
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$499,000
Sold Price
$370,000
Premium/Discount to List
-$129,000
-25.85%
Views
133
Current Estimated Value
$462,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,986
Avg. Annual Appreciation
9.23%
Original Mortgage
$370,000
Outstanding Balance
$359,811
Interest Rate
6.65%
Mortgage Type
Construction
Estimated Equity
$103,175

Purchase Details

Closed on
Jan 15, 2003
Sold by
Tiu Dwight Peter L and Tiu Christine
Bought by
Counts William C and Counts Jena A
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kearley Alan Lamar $370,000 Gullett Title
Counts William C $180,000 Associated Land Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kearley Alan Lamar $370,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Sold $370,000 -7.3% $77 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
12/13/2022 12/13/22 Price Changed $399,000 -16.9% $83 / Sq Ft
11/22/2022 11/22/22 Price Changed $480,000 -3.8% $100 / Sq Ft
10/20/2022 10/20/22 For Sale $499,000 -- $104 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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 $6,249 $413,950 $53,760 $360,190
2023 $3,244 $223,240 $0 $0
2022 $3,075 $216,740 $0 $0
2021 $3,053 $210,430 $0 $0
2020 $3,064 $207,530 $0 $0
2019 $3,045 $202,870 $188,680 $14,190
2018 $3,035 $199,090 $192,480 $6,610
2017 $3,045 $195,000 $188,390 $6,610
2016 $2,931 $190,990 $0 $0
2015 $2,956 $190,774 $0 $0
2014 $3,041 $193,651 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC509043

Stellar MLS

APN: 16-10-26-8040-0000-0140

Florida Putnam County Palatka 32177

116 Timber Ln, Palatka, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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