$34,500
SOLD DEC 30, 2013

507 Laurel St Palatka, FL 32177

1 Bed
1 Bath
604 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$57 Per Sq Ft

11% Below List Price

79 Days on Market

Highlights

  • The property is located in a historic district
  • Fireplace
  • Eat-In Kitchen
  • No HOA
  • Front Porch
  • 4-minute walk to Riverfront Park

About This Home

As of February 2025

Great investment opportunity! This adorable 1 BD/1BA cottage with wood shake exterior and new metal roof in 2011 located in the South Historic District of Palatka. Bonus room could be used as a second bedroom. Just blocks from the St. Johns River.

Last Agent to Sell the Property

PENNY ADAMS

WATSON REALTY CORP Listed on: 09/11/2013

Last Buyer's Agent

REGLA SEPULVEDA

WATSON REALTY CORP License #3275089

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,033

Year Built

  • Built in 1925

Lot Details

  • Chain Link Fence
  • Back Yard Fenced
  • Irregular Lot

Parking

  • 1 Carport Space

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 604 Sq Ft Home
  • 1-Story Property
  • Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Front Porch
  • The property is located in a historic district

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 421027685004500020

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,033

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Subdivision Name: Metes & Bounds
  • General Property Information Living Area2: 604.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Refrigerators: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Fencing Back Yard: Yes
  • Lot Features Historic Area: Yes
  • General Property Information:Pool Private YN: No
  • General Property Information Homestead YN: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Eat-in Kitchen
  • Major Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Other
  • Fireplace: Yes
  • Living Area: 604.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes

Exterior Features

  • Waterfront: No
  • Fencing: Back Yard, Chain Link
  • Roof: Metal
  • Lot Features: Historic Area, Irregular Lot
  • Pool Features: None
  • Construction Type: Frame
  • Patio And Porch Features: Front Porch, Porch
  • Construction Materials:Frame: Yes
  • Lot Features:Irregular Lot: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Front Porch: 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: Public Sewer
  • Water Source: Public
  • Heating:Central: 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 #: 421027685004500020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2025
Closed on
Feb 4, 2025
Sold by
Harrison Spencer B and Harrison Angus Dowling
Bought by
Canty Diana J and Spangler Raymond J
Seller's Agent
Cassie Nettles
CENTURY 21 TRITON REALTY
Buyer's Agent
Cassie Nettles
CENTURY 21 TRITON REALTY
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%
Views
26
Current Estimated Value
$132,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,458
Avg. Annual Appreciation
-5.57%
Original Mortgage
$100,000
Outstanding Balance
$99,831
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$26,567

Purchase Details

Listed on
Feb 7, 2017
Closed on
Jun 6, 2017
Sold by
Schoning Victoria
Bought by
Harrison Spencer B and Harrison Angus Dowling
Seller's Agent
REGLA SEPULVEDA
WATSON REALTY CORP
Buyer's Agent
REGLA SEPULVEDA
WATSON REALTY CORP
List Price
$69,000
Sold Price
$56,000
Premium/Discount to List
-$13,000
-18.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.61%
Original Mortgage
$40,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 11, 2013
Closed on
Dec 20, 2013
Sold by
Hoerber Susan and Winters James
Bought by
Schoning Victoria
Seller's Agent
PENNY ADAMS
WATSON REALTY CORP
Buyer's Agent
REGLA SEPULVEDA
WATSON REALTY CORP
List Price
$38,900
Sold Price
$34,500
Premium/Discount to List
-$4,400
-11.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.12%

Purchase Details

Closed on
Oct 10, 2013
Sold by
Hoerber Susan and Winters James G
Bought by
Hoerber Susan and Winters James G

Purchase Details

Closed on
Nov 7, 2002
Sold by
Simpson Seth A
Bought by
Winters Patricia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,003
Interest Rate
5.98%
Source: Public Records

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    Section Image

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 Type Sale Price Title Company
Warranty Deed $130,000 Gullett Title
Warranty Deed $130,000 Gullett Title
Warranty Deed $56,000 Gullett Title
Warranty Deed $34,500 Guaranty Title Company Of Pa
Interfamily Deed Transfer -- Attorney
Warranty Deed $29,900 Dba Assoc Land Title Group I
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Closed $100,000 New Conventional
Previous Owner $40,000 New Conventional
Previous Owner $29,003 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Sold $130,000 +0.1% $174 / Sq Ft
01/02/2025 01/02/25 For Sale $129,900 +132.0% $174 / Sq Ft
12/17/2023 12/17/23 Off Market $56,000 -- --
12/17/2023 12/17/23 Off Market $34,500 -- --
06/06/2017 06/06/17 Sold $56,000 -18.8% $75 / Sq Ft
04/24/2017 04/24/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $69,000 +100.0% $92 / Sq Ft
12/30/2013 12/30/13 Sold $34,500 -11.3% $57 / Sq Ft
11/29/2013 11/29/13 Pending -- -- --
09/11/2013 09/11/13 For Sale $38,900 -- $64 / 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 $2,033 $87,400 $17,030 $70,370
2023 $1,885 $80,660 $12,380 $68,280
2022 $1,646 $64,360 $6,190 $58,170
2021 $1,525 $51,340 $0 $0
2020 $1,450 $47,540 $0 $0
2019 $1,383 $42,790 $42,430 $360
2018 $1,373 $41,480 $41,120 $360
2017 $1,106 $38,520 $38,160 $360
2016 $963 $24,890 $0 $0
2015 $812 $25,314 $0 $0
2014 $926 $25,844 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 683212

realMLS (Northeast Florida Multiple Listing Service)

APN: 42-10-27-6850-0450-0020