$125,000
SOLD MAY 13, 2025

131 SE Olustee Ave Lake City, FL 32025

3 Beds
2 Baths
1,353 Sq Ft
0.26 Acres

Recently Sold

$92 Per Sq Ft

30% Below List Price

83 Days on Market

Highlights

  • No HOA
  • Living Room
  • Central Heating and Cooling System
  • Breakfast Room
  • 1-Story Property
  • Ceiling Fan

About This Home

As of May 2025

This 3-bedroom, 2-bath home is brimming with potential and awaiting your personal touch! While it needs a lot of love and TLC, it offers a great foundation to create your dream space or an ideal investment opportunity. The home features a dining area perfect for gatherings, a cozy living room, and a kitchen ready for a fresh new look. Step outside to find a spacious backyard, offering endless possibilities for landscaping, entertaining, or simply enjoying the outdoors. Located in a convenient neighborhood, this property is close to all amenities. Roll up your sleeves and transform this diamond in the rough into a true gem!

Last Agent to Sell the Property

Missy Zecher

RE/MAX Professionals License #BK3194246 Listed on: 04/18/2025

RE/MAX Professionals

Last Buyer's Agent

Nate Sweat

Magnolia Real Estate Group of North FL LLC License #3259651

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $873

Year Built

  • Built in 1964

Lot Details

  • 0.26 Acre Lot
  • Property is zoned RSF-2

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,353 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Aluminum Window Frames
  • Living Room
  • Breakfast Room

Kitchen

  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Carport
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$873

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Second Address Number: 131
  • Association Special Assessment: No
  • Directions: Head SE on US-90; and take a slight right turn onto SW Baya Drive, then turn right onto SE Olustee Avenue, and the home will be on the left.
  • Homestead Year: Yes
  • Latitude Of Property: 30.182430
  • Listing Number String: 126145
  • Longitude Of Property: -82.606361
  • Prop. Type: Residential
  • Sale Agent Code: NSWEAT
  • Sale Office Code: MAGNO
  • Stage Construction: Existing Resale
  • Type Utility: Other-See Remarks
  • Actual Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1
  • Year Built: 1964

Interior Features

  • Breakfast Room: Yes
  • Appliances: Refrigerator, Dishwasher, Stove Elec, Range Hood
  • Basement Full Bathrooms: 2
  • Lower Floor 1 Bedrooms: 3
  • Design: Single Story
  • Dining Room: No
  • Family Room: No
  • Flooring: Vinyl Linoleum, Carpet
  • Florida Room: No
  • Great Room: No
  • Heated Sq Ft: 1353
  • Interior Amenities: Blinds, Ceiling Fans
  • Dining Kitchen: Yes
  • Living Room: Yes
  • Windows: Aluminum

Exterior Features

  • Acreage: 0.258
  • Exterior Construction: Brick
  • Flood Zone: X
  • Foundation Details: Slab
  • Porch Type: None
  • Road: Paved
  • Roof: Shingle

Garage/Parking

  • Carport: No
  • Parking: 1 Car, Carport, Driveway

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Public Connected
  • Hot Water: Public Connected

Condo/Co-op/Association

  • Home Owners Association: No

Lot Info

  • Lot Size: 125 x 90 Approx
  • Zoning: RSF-2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2025
Closed on
May 12, 2025
Sold by
Wyrick Katherine Perryman and Buchanan Constance
Bought by
Tunsil Annette
Seller's Agent
Missy Zecher
RE/MAX Professionals
Buyer's Agent
Nate Sweat
Magnolia Real Estate Group of North FL LLC
List Price
$178,000
Sold Price
$125,000
Premium/Discount to List
-$53,000
-29.78%
Views
3
Current Estimated Value
$156,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,480
Avg. Annual Appreciation
93.60%

Purchase Details

Closed on
Oct 17, 2001
Sold by
Weeks Alvin E and Weeks Lorraine D
Bought by
Wyrick Errol D and Wyrick Katherine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
6.87%
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 Type Sale Price Title Company
Warranty Deed $125,000 Abstract & Title Services
Warranty Deed $125,000 Abstract & Title Services
Warranty Deed $61,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $53,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Sold $125,000 -3.1% $92 / Sq Ft
04/15/2025 04/15/25 Price Changed $129,000 -13.4% $95 / Sq Ft
04/03/2025 04/03/25 Price Changed $149,000 -16.3% $110 / Sq Ft
02/18/2025 02/18/25 For Sale $178,000 -- $132 / Sq Ft
Source: North Florida 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 $873 $75,633 -- --
2023 $873 $71,360 $0 $0
2022 $849 $69,282 $0 $0
2021 $801 $67,264 $0 $0
2020 $607 $66,335 $0 $0
2019 $814 $64,844 $0 $0
2018 $817 $63,635 $0 $0
2017 $813 $63,304 $9,720 $53,584
2016 $774 $62,796 $9,720 $53,076
2015 $781 $60,620 $0 $0
2014 $779 $60,139 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Florida MLS

MLS Number: 126145

North Florida MLS

APN: 34-3S-17-07126-000