$66,000
SOLD NOV 30, 2017

2007 Sherman Ave Palatka, FL 32177

3 Beds
1 Bath
960 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$69 Per Sq Ft

15% Below List Price

36 Days on Market

Highlights

  • Traditional Architecture
  • Tile Flooring
  • Chain Link Fence
  • No HOA
  • Central Heating and Cooling System
  • 5-minute walk to City of Palatka Community Park

About This Home

As of November 2017

Whether you are looking for rental income or a home for your family, this place may be perfect for you! This three-bedroom one bath home is close to the local golf course and Ravine Gardens. It has a fenced backyard, so your pets will have a safe and nice place to play. This home has concrete-block construction, which means that it was built to last. The carpet and paint were updated in 2016. The home was remodeled in 2009 with a new roof, HVAC, kitchen and bathroom. It is move-in ready and currently has reliable renters occupying the home. If you are looking for an investment property, the home has been consistently rented for almost fifteen years at $700-$800 per month. Make an appointment today to come see this wonderful home! The seller is the realtor for this property.

Last Agent to Sell the Property

Margaret Mosley

DUCK REALTY INC License #3287613 Listed on: 07/13/2017

Last Buyer's Agent

Reed Mathews

IHEART REALTY INC License #3384627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,887

Year Built

  • Built in 1960

Lot Details

  • Chain Link Fence
  • Back Yard Fenced

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • <<microwave>>

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Oak Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 131026655001000030

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,887

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 1960
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Subdivision Name: Oak Terrace
  • Architectural Style: Traditional
  • General Property Information Living Area2: 960.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Architectural Style Traditional: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Security Features Smoke Detector(s): Yes
  • Fencing Back Yard: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Major Appliances: Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Concrete, Tile
  • Living Area: 960.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Range: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Waterfront: No
  • Fencing: Back Yard, Chain Link
  • Roof: Shingle
  • Pool Features: None
  • Construction Type: Concrete
  • Construction Materials:Concrete: Yes

Garage/Parking

  • Carport Spaces: 1.0
  • Garage Spaces: 1.0
  • General Property Information:Garage Spaces: 1.0

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee Frequency: One Time
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: One Time

Lot Info

  • Current Use: Residential
  • Parcel #: 131026655001000030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2022
Sold by
Zachary Ford
Bought by
Ford Family Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Outstanding Balance
$40,331
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$120,152

Purchase Details

Listed on
Jul 13, 2017
Closed on
Nov 30, 2017
Sold by
Mosley Margaret M
Bought by
Ford Zachary
Seller's Agent
Margaret Mosley
DUCK REALTY INC
Buyer's Agent
Reed Mathews
IHEART REALTY INC
List Price
$77,700
Sold Price
$66,000
Premium/Discount to List
-$11,700
-15.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%
Original Mortgage
$64,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2011
Sold by
Mosley George
Bought by
Mosley Margaret H

Purchase Details

Closed on
Jul 29, 2003
Sold by
Marasco Jeraline F
Bought by
Mosley George and Mosley Margaret H
Source: Public Records

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Range of Values:

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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 -- Palatka Abstract & Title Guara
Warranty Deed $66,000 Gullett Title
Interfamily Deed Transfer -- Attorney
Warranty Deed $50,000 Gullett Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 New Conventional
Previous Owner $64,000 New Conventional
Previous Owner $15,292 Unknown
Previous Owner $25,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Sale $199,000 +201.5% $207 / Sq Ft
12/17/2023 12/17/23 Off Market $66,000 -- --
11/30/2017 11/30/17 Sold $66,000 -15.1% $69 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $77,700 -- $81 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $1,887 $106,580 $15,600 $90,980
2023 $1,748 $98,410 $10,140 $88,270
2022 $1,578 $87,890 $11,700 $76,190
2021 $1,455 $71,860 $0 $0
2020 $1,407 $66,950 $0 $0
2019 $1,352 $60,860 $58,170 $2,690
2018 $1,322 $57,930 $56,480 $1,450
2017 $1,195 $48,990 $47,340 $1,650
2016 $1,117 $45,860 $0 $0
2015 $1,138 $46,207 $0 $0
2014 $1,201 $46,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 891414

realMLS (Northeast Florida Multiple Listing Service)

APN: 13-10-26-6550-0100-0030