For SaleRisky Deal20 days on market
16025 WALLACE STREET
16025 WALLACE STREET, UMATILLA, FL 32784, Umatilla, FL 32784
$499,000
Listing Price
16025 WALLACE STREET, UMATILLA, FL 32784
Loc: Umatilla, FL
Days Listed
20
Tax Assessed
$299k
Lot Size
0.37 acres
Type
multi family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Umatilla Elementary School
PK-5
3.2 mi away
5
Umatilla Middle School
6-8
3 mi away
3
Umatilla High School
9-12
2.9 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Triplex, Multi Family1966Central, OtherCentral Air, Wall/Window Unit(s)No Data20 Days$142
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.20%
Total ROI
93.7%
Cash Flow
$-9/mo
DSCR
1.00
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-9/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Umatilla
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-03 | Listed for sale | $499,000 | $142 |
| 2022-07-15 | Listing removed | $0 | – |
| 2022-07-01 | Listed for rent | $2,500 | $1 |
| 2022-06-07 | Sold | $184,000 | $52 |
| 2022-05-16 | Pending sale | $184,000 | $52 |
| 2022-05-10 | Price change | $184,000 | $52 |
| 2022-04-28 | Price change | $197,000 | $56 |
| 2022-04-25 | Listed for sale | $267,000 | $76 |
| 2021-10-07 | Sold | $135,000 | $38 |
| 2012-11-16 | Sold | $75,000 | $21 |
| 2012-09-30 | Listed for sale | $69,900 | $20 |
| 2012-08-29 | Listing removed | $69,900 | $20 |
| 2012-07-31 | Price change | $69,900 | $20 |
| 2012-06-16 | Price change | $74,500 | $21 |
| 2012-03-13 | Price change | $84,500 | $24 |
| 2011-12-13 | Listed for sale | $89,900 | $26 |
| 1994-03-16 | Sold | $22,000 | $6 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,583.98 | $298,775 |
| 2024 | $4,095.96 | $189,799 |
| 2023 | $3,612.02 | $184,068 |
| 2022 | $3,356.14 | $184,068 |
| 2021 | $2,157.26 | $137,155 |
| 2020 | $2,249.9 | $135,833 |
| 2019 | $2,236.96 | $133,822 |
| 2018 | $2,148.63 | $132,094 |
| 2017 | $2,148.63 | $126,603 |
| 2016 | $1,999.09 | $124,769 |
| 2015 | $2,004.25 | $123,080 |
| 2014 | $2,024.8 | $121,531 |
| 2013 | $1,192.86 | $118,116 |
| 2012 | $1,324.28 | $126,415 |
| 2011 | $1,625.45 | $146,458 |
| 2010 | $1,727.65 | $151,614 |
| 2009 | $1,720.97 | $151,282 |
| 2008 | $1,667.58 | $147,893 |
| 2007 | $1,837.37 | $146,131 |
| 2006 | $1,739.09 | $131,291 |
| 2005 | $1,355.06 | $109,069 |
| 2004 | $1,252.24 | $0 |
| 2003 | $1,263.04 | $101,063 |
| 2002 | $1,125.52 | $96,382 |
| 2001 | $1,125.52 | $94,865 |
| 2000 | $1,098.64 | $94,588 |
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