NOT LISTED FOR SALE

222 Bates St Palatka, FL 32177

Estimated Value: $156,000 - $253,000

3 Beds
2 Baths
2,714 Sq Ft
$81/Sq Ft Est. Value

Last Sold November 03, 2023

Last sale price $125,000 $46 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,285/month

57 Days on Market

Highlights

  • Additional Residence on Property
  • No HOA
  • Side Porch
  • Separate Formal Living Room
  • Double Pane Windows
  • Solid Wood Cabinet

About This Home

As of November 2023

Welcome to your investment opportunity! This 1-acre parcel boasts not one, but two structures, ready for your vision. The first structure is ready for a total renovation, while the second only needs a little TLC to shine again.
Set in a serene and quiet location, this property is conveniently close to town. Enjoy the benefits of a well and septic system, complete with a brand new well pump. Both buildings are topped with sturdy metal roofs, ensuring durability for years to come.
With a storage shed on-site, you'll have ample space for all your needs. New HVAC system for comfort year-round.
Inside, you'll find newer LVP flooring throughout, offering a modern touch. Plus, the interior and exterior have been freshly painted, making it feel like a blank canvas ready for your artistic vision.
This is not just any property; it's an excellent investment opportunity with rental potential in both structures. Don't miss out on the chance to transform this property into a lucrative venture. Seize the moment and make it yours today!

Last Agent to Sell the Property

Jesse Warmka

YOUR HOME SOLD GUARANTEED REAL Brokerage Phone: 863-279-4616 License #3307474 Listed on: 07/31/2023

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

  • $1,321

Year Built

  • Built in 1945

Lot Details

  • 1.01 Acre Lot
  • Dirt Road
  • East Facing Home
  • Chain Link Fence
  • Property is zoned R-1A

Home Design

  • Block Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 2,714 Sq Ft Home
  • Double Pane Windows
  • Separate Formal Living Room
  • Laundry Room

Kitchen

  • Cooktop
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Private Mailbox
  • Side Porch

Additional Homes

  • Additional Residence on Property

Utilities

  • No Cooling
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,321

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 2714
  • Lot Size Acres: 1.01
  • New Construction: No
  • Year Built: 1945
  • Building Area Total: 2714
  • Lot Size Sq Ft: 43996
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • RATIO Current Price By Calculate: 46.06
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Solid Wood Cabinets
  • Appliances Included: Cooktop, Dishwasher, Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Formal Living Room Separate
  • Living Area Meters: 252.14

Exterior Features

  • Direction Faces: East
  • Other Structures: Additional Single Family Home
  • Exterior Features: Private Mailbox
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Side Porch
  • Road Surface Type: Dirt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Other
  • Cooling: None
  • Heating: Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R-1A
  • Parcel Number: 12-10-26-0000-0340-0000
  • Additional Parcels: No
  • Fencing: Chain Link
  • Flood Zone Code: x

Tax Info

  • Tax Annual Amount: 1320.62
  • Tax Block: 34
  • Tax Book Number: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2024
Sold by
Ktn Property Management Llc
Bought by
Smith Michael
Current Estimated Value
$219,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,500
Outstanding Balance
$215,235
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$4,466

Purchase Details

Listed on
Jul 31, 2023
Closed on
Nov 1, 2023
Sold by
Yu Henry
Bought by
Ktn Property Management Llc
Seller's Agent
Jesse Warmka
YOUR HOME SOLD GUARANTEED REAL
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$199,000
Sold Price
$125,000
Premium/Discount to List
-$74,000
-37.19%
Views
288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.76%
Original Mortgage
$181,350
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2017
Sold by
Griffith Marjorie
Bought by
Yu Henry and Yu Zhihua

Purchase Details

Closed on
Apr 11, 2012
Sold by
Kavanaugh Thomas V and Kavanaugh Cheryl E Nelson
Bought by
Bineau Edward O and Bineau Francoise A

Purchase Details

Closed on
May 5, 2006
Sold by
Bineau Edward O and Bineau Francoise
Bought by
Kavanaugh Thomas and Kavanaugh Cheryl E Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Smith Michael $230,000 All Florida Title Llc
Smith Michael $230,000 All Florida Title Llc
Ktn Property Management Llc $125,000 All Florida Title Llc
Ktn Property Management Llc $125,000 All Florida Title Llc
Yu Henry $40,000 Gullett Title
Bineau Edward O -- Attorney
Kavanaugh Thomas $150,500 Gullett Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael $218,500
Closed Smith Michael $218,500
Previous Owner Ktn Property Management Llc $181,350
Previous Owner Kavanaugh Thomas $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Sold $125,000 -37.2% $46 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
07/31/2023 07/31/23 For Sale $199,000 -- $73 / 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 $1,545 $78,920 $12,120 $66,800
2023 $1,523 $104,490 $12,120 $92,370
2022 $1,321 $86,780 $12,120 $74,660
2021 $1,102 $50,360 $0 $0
2020 $1,071 $46,790 $0 $0
2019 $1,064 $43,750 $41,680 $2,070
2018 $1,053 $42,220 $40,150 $2,070
2017 $1,360 $58,380 $56,310 $2,070
2016 $1,283 $55,440 $0 $0
2015 $1,282 $54,469 $0 $0
2014 $1,329 $54,428 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC293287

Stellar MLS

APN: 12-10-26-0000-0340-0000