2505 State St Palatka, FL 32177
Estimated payment $876/month
Highlights
- Wood Flooring
- Mud Room
- Covered Patio or Porch
- Corner Lot
- No HOA
- Eat-In Kitchen
About This Home
Offered CASH ONLY, AS-IS with tons of potential as a fix and flip or fix and hold. Asking price is FIRM. Property is priced for the updates and repairs needed. This bungalow in the heart of Palatka has a front porch that just invites you to stay awhile, and sits on a huge, fully fenced corner lot with a detached 2-car garage plus workshop, along with covered paved parking for an RV and convenient RV hookups. From the front gate to the front porch to the cheerful blue door, this home is so inviting. Through the front door you're greeted with a spacious great room, and a sunroom or flex space just off the living room featuring French doors and a lively vinyl tile floor. Through the dining space is the kitchen with stainless steel appliances and built-in breakfast bar. Through the kitchen you'll find a spacious laundry/utility/mud room with plenty of room for pantry storage, along with a back door to a covered porch leading to the covered RV parking and detached garage. Three bedrooms and two full bathrooms round out the home. This adorable piece of Palatka needs some TLC, but has so much character and potential. Bring your vision and make it your own! Would make a great investment or primary home for someone willing and able to put in the work. Age of metal roof is unknown, HVAC is 2017, hot water heater is 2025, most plumbing has been updated to copper or PVC, most electrical has been updated at some point but there are still some remnants of cloth and aluminum wiring present, age of the septic is unknown but no issues were found there during inspections. There is previous termite and water damage to the detached garage. This property is priced for the repairs and the work needed.
Listing Agent
KELLER WILLIAMS REALTY ATLANTIC PARTNERS ST. AUGUSTINE License #3530377 Listed on: 06/05/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,040
Year Built
- Built in 1939
Lot Details
- 0.4 Acre Lot
- North Facing Home
- Corner Lot
Parking
- 2 Car Garage
- Carport
Home Design
- Entry on the 1st floor
- Metal Roof
- Wood Siding
Interior Spaces
- 1,701 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Mud Room
Kitchen
- Eat-In Kitchen
- Ice Maker
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub and Shower Combination in Primary Bathroom
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Outdoor Features
- Covered Patio or Porch
Schools
- Moseley Elementary School
- Palatka High School
Utilities
- Central Air
- Heating Available
- Water Softener is Owned
- Septic Tank
Community Details
- No Home Owners Association
- Oak Terrace Subdivision
Listing and Financial Details
- Assessor Parcel Number 131026655000300110
Map
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 |
|---|---|---|---|---|
| 2025 | $1,160 | $90,500 | -- | -- |
| 2024 | $1,040 | $88,420 | -- | -- |
| 2023 | $997 | $85,850 | $0 | $0 |
| 2022 | $932 | $83,350 | $0 | $0 |
| 2021 | $928 | $80,930 | $0 | $0 |
| 2020 | $935 | $79,820 | $0 | $0 |
| 2019 | $947 | $78,030 | $71,350 | $6,680 |
| 2018 | $940 | $76,580 | $72,490 | $4,090 |
| 2017 | $931 | $75,010 | $70,920 | $4,090 |
| 2016 | $1,866 | $89,170 | $0 | $0 |
| 2015 | $1,902 | $90,109 | $0 | $0 |
| 2014 | $2,037 | $95,670 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/13/2025 12/13/25 | Price Changed | $150,000 | -9.1% | $88 / Sq Ft | |
| 09/04/2025 09/04/25 | Price Changed | $165,000 | -21.1% | $97 / Sq Ft | |
| 06/05/2025 06/05/25 | For Sale | $209,000 | +198.6% | $123 / Sq Ft | |
| 12/17/2023 12/17/23 | Off Market | $70,000 | -- | -- | |
| 10/06/2016 10/06/16 | Sold | $70,000 | -29.9% | $39 / Sq Ft | View Prior Sale |
| 08/19/2016 08/19/16 | Pending | -- | -- | -- | |
| 08/16/2016 08/16/16 | For Sale | $99,900 | -- | $55 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $70,000 | Equitable Title Mid Fl Llc | |
| Trustee Deed | $37,400 | Attorney | |
| Quit Claim Deed | -- | Guaranty Title Co Of Palatka |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $66,500 | New Conventional |
About the Listing Agent
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