NOT LISTED FOR SALE

5000 Silver Lake Dr Palatka, FL 32177

Estimated Value: $194,000 - $263,000

3 Beds
2 Baths
1,325 Sq Ft
$166/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $92,000 $69 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $1,342/month

9 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Front Porch
  • Corner Lot
  • Fireplace
  • Breakfast Bar

About This Home

As of December 2017

This home was built in 1953 but it was remodeled and added on to in 2007. This is a 3 bedroom home, however, it could be a 4 or 5 bedroom home or you could have 2 offices or play rooms man cave use your imagination. The home is on an acre all fenced in corner lot. Awesome neighbor hood not far from Wal Mart and a lot of other stores but still feels like you're in the country. detached laundry room and work shop. Beautiful trees. Must see at this price

Last Agent to Sell the Property

Jenifer Smith

WATSON REALTY CORP License #0615735 Listed on: 09/20/2017

WATSON REALTY CORP

Last Buyer's Agent

Reed Mathews

IHEART REALTY INC License #3384627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,157

Year Built

  • Built in 1953

Lot Details

  • 1

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,325 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Washer and Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Range

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Front Porch
  • Corner Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 151026000001500000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,157

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 1953
  • Property Sub Type: Single Family Residence
  • Lot Size: 1 acre
  • Road Surface Type: Asphalt
  • Subdivision Name: Metes & Bounds
  • Architectural Style: Ranch
  • General Property Information Living Area2: 1325.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Water Source Well: Yes
  • Architectural Style Ranch: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Vinyl: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Primary Bathroom - Tub with Shower, Primary Downstairs
  • Major Appliances: Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Fireplace: Yes
  • Flooring: Tile, Vinyl, Wood
  • Living Area: 1325.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Waterfront: No
  • Roof: Metal
  • Lot Features: Corner Lot
  • Pool Features: None
  • Construction Type: Frame, Wood Siding
  • Other Structures: Shed(s), Workshop
  • Patio And Porch Features: Front Porch, Porch
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Other4: Yes

Garage/Parking

  • Carport Spaces: 1.0

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Heating:Central: Yes
  • Sewer Septic Tank: 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: Agricultural
  • Parcel #: 151026000001500000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2017
Closed on
Dec 22, 2017
Sold by
Lassiter Alvis Keith
Bought by
Powers Penny J
Seller's Agent
Jenifer Smith
WATSON REALTY CORP
Buyer's Agent
Reed Mathews
IHEART REALTY INC
List Price
$99,900
Sold Price
$92,000
Premium/Discount to List
-$7,900
-7.91%
Current Estimated Value
$220,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,137
Avg. Annual Appreciation
13.32%
Original Mortgage
$72,000
Outstanding Balance
$61,476
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$181,008

Purchase Details

Closed on
Jun 6, 2014
Sold by
Sapp Corben R and Sapp Kevin
Bought by
Lassiter Alvis Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2013
Sold by
Dupont Thelma Sapp
Bought by
Sapp Corben R

Purchase Details

Closed on
Jan 25, 2008
Sold by
Sapp Corben R and Dupont Thelma Sapp
Bought by
Dupont Thelma Sapp and Sapp Corben R

Purchase Details

Closed on
Mar 9, 2007
Sold by
Sapp Kevin and Dupont Thelma Sapp
Bought by
Sapp Kevin and Sapp Corben R

Purchase Details

Closed on
Jun 30, 2000
Sold by
Sapp Corbin R and Sapp Nancy H
Bought by
Sapp Kevin and Dupont Thelma Sapp
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
Powers Penny J $92,000 Gullett Title Inc
Lassiter Alvis Keith $55,000 Attorney
Sapp Corben R -- None Available
Dupont Thelma Sapp -- None Available
Sapp Kevin -- Gullett Title Inc
Sapp Kevin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Penny J $72,000
Previous Owner Lassiter Alvis Keith $40,000
Previous Owner Sapp Corben $5,270
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $92,000 -- --
12/22/2017 12/22/17 Sold $92,000 -7.9% $69 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
09/20/2017 09/20/17 For Sale $99,900 -- $75 / 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 $2,157 $157,190 -- --
2023 $2,085 $152,380 $12,000 $140,380
2022 $2,235 $132,990 $12,000 $120,990
2021 $2,033 $107,080 $0 $0
2020 $1,933 $99,150 $0 $0
2019 $1,830 $89,290 $87,010 $2,280
2018 $1,807 $86,290 $84,270 $2,020
2017 $1,302 $55,050 $53,030 $2,020
2016 $760 $50,500 $0 $0
2015 $770 $50,150 $0 $0
2014 $502 $37,988 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 886811

realMLS (Northeast Florida Multiple Listing Service)

APN: 15-10-26-0000-0150-0000