504 N 2nd St Unit 1 Palatka, FL 32177
Estimated Value: $367,965 - $456,000
4
Beds
4
Baths
2,400
Sq Ft
$167/Sq Ft
Est. Value
About This Home
As of June 2021This lovingly renovated historic duplex is a rare find. Its quiet, tree-lined location is relaxed and convenient: just 2 blocks to the St Johns River and all the downtown Palatka shops, restaurants and festivals. An up/down duplex that cash flows as a long-term rental makes for a great investment. The sellers renovated this home to the highest standards and the home is move-in ready. With two 1200 sf, 2 bed, 2 bath units and 4 covered porches, these are roomy units with plenty of room to get outdoors and get space and enjoy the breeze off the River. The original wood floors await underneath the vinyl planks. Come see this revitalized home with fresh surfaces and historic touches. It is a one-of-a-kind opportunity. As lovers of historic structures, 504 N. 2nd Street represented a unique opportunity for the sellers. Originally built as a fourplex, circa 1917, this property sheltered a steady stream of families for decades, but as times, tastes, and zoning restrictions changed around it, the multi-family structure needed to adjust to life in a single-family neighborhood. In 2017, operating under provisions of the City of Palatka's Code of Ordinances, the sellers made efforts to lovingly preserve this bit of local history, and to maintain its usefulness in the community in accordance with its original historic design. From its original layout, it was restructured as a duplex with 2 1200 sq. feet 2 bed/2 bath units, both with completely upgraded electrical wiring, plumbing and central heat and air. Also, the sellers painstakingly preserved the original woodwork, doors, and windows. Its 100-year old claw-foot bathtubs still stand proudly in the master bathrooms. Both units have lots of covered outdoor space, 1 spacious front and back porch each, from which to enjoy the lovely views and breezes off the St Johns River. Located in Palatka's North Historic District, this property is near everything: the St. John's River, downtown shopping and restaurants, and the bike trails. No need to look for parking at local festivals. You can walk to them. Palatka, itself, is at the epicenter of North East Florida's larger metropolitan areas: Jacksonville, St. Augustine, Gainesville and Orlando.
Last Agent to Sell the Property
JP and Associates Realtors City & Beach Listed on: 05/19/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,680
Year Built
- Built in 1917
Lot Details
- 9,583 Sq Ft Lot
- Historic Home
- Property is zoned multi
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Listing and Financial Details
- Assessor Parcel Number 42-10-27-6850-0060-0011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2021
Closed on
Jun 24, 2021
Sold by
Barson Properties Llc
Bought by
Morff Margaret M and The Morff Family Trust
Seller's Agent
Jason Perry
JP and Associates Realtors City & Beach
Buyer's Agent
Ronald Martin
JPAR City and Beach
List Price
$299,999
Sold Price
$300,000
Premium/Discount to List
$1
0.0%
Total Days on Market
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,991
Avg. Annual Appreciation
7.65%
Purchase Details
Closed on
Dec 2, 2005
Sold by
Motes J Sidney and Motes Evelyn J
Bought by
Smothers Howard H and Smothers Barbara J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in Palatka, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morff Margaret M | $300,000 | Gullett Title Inc | |
| Smothers Howard H | $225,000 | Multiple |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Moff Family Trust | $60,000 | |
| Previous Owner | Barson Properties Llc | $120,000 | |
| Previous Owner | Smothers Howard H | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2021 06/24/21 | Sold | $300,000 | 0.0% | $125 / Sq Ft |
| 06/03/2021 06/03/21 | Pending | -- | -- | -- |
| 05/19/2021 05/19/21 | For Sale | $299,999 | -- | $125 / Sq Ft |
Source: St. Augustine and St. Johns County Board of REALTORS®
Tax History Compared to Growth
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 | $6,809 | $309,240 | -- | -- |
| 2023 | $6,545 | $299,860 | $0 | $0 |
| 2022 | $5,843 | $291,130 | $21,210 | $269,920 |
| 2021 | $2,882 | $126,220 | $0 | $0 |
| 2020 | $2,680 | $115,150 | $0 | $0 |
| 2019 | $2,437 | $102,460 | $102,460 | $0 |
| 2018 | $2,182 | $75,670 | $75,670 | $0 |
| 2017 | $2,078 | $70,020 | $70,020 | $0 |
| 2016 | $1,949 | $64,740 | $0 | $0 |
| 2015 | $1,927 | $73,168 | $0 | $0 |
| 2014 | $2,171 | $74,467 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Perry
Seller's Agent in 2021
Jason Perry
JP and Associates Realtors City & Beach
(904) 540-6191
41 Total Sales
-
Ronald Martin
Buyer's Agent in 2021
Ronald Martin
JPAR City and Beach
(904) 834-5048
66 Total Sales
Map
Source: St. Augustine and St. Johns County Board of REALTORS®
MLS Number: 213585
APN: 42-10-27-6850-0060-0011
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 St Augustine &
St. Johns County Board of REALTORS®. All rights reserved.
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