For SaleRisky Deal40 days on market
38910 MERRELL AVENUE
38910 MERRELL AVENUE, UMATILLA, FL 32784, Umatilla, FL 32784
$254,900
Estimate®:$249,300
Listing Price
38910 MERRELL AVENUE, UMATILLA, FL 32784
Loc: Umatilla, FL
Days Listed
40
Tax Assessed
$132k
Estimate®
$249k
Market Rate
Lot Size
0.84 acres
Rent Estimate
$1,751/mo
Est. Cash Flow base
Type
single 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
1.5 mi away
5
Umatilla Middle School
6-8
1.2 mi away
3
Umatilla High School
9-12
1.1 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
Single Family Residence1950CentralCentral AirNo Data0.84 Acres40 Days$234
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.13%
Total ROI
70.4%
Cash Flow
$-232/mo
DSCR
0.82
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-232/mo net cash flow with a 5.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Umatilla, FL
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-16 | Price change | $254,900 | $234 |
| 2026-09-02 | Price change | $259,900 | $239 |
| 2026-08-22 | Listed for sale | $269,900 | $248 |
| 2026-01-29 | Listing removed | $264,900 | $243 |
| 2025-10-24 | Price change | $264,900 | $243 |
| 2025-09-03 | Price change | $269,900 | $248 |
| 2025-07-30 | Listed for sale | $279,900 | $257 |
| 2025-01-22 | Sold | $145,000 | $133 |
| 2021-03-24 | Listing removed | $0 | – |
| 2018-04-16 | Listing removed | $62,000 | $57 |
| 2018-04-06 | Listed for sale | $62,000 | $57 |
| 2009-07-01 | Listing removed | $73,000 | $67 |
| 2008-06-07 | Price change | $73,000 | $67 |
| 2008-01-20 | Listed for sale | $93,000 | $85 |
| 2005-07-21 | Sold | $37,000 | $34 |
| 2003-01-14 | Sold | $12,000 | $11 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,557.9 | $131,982 |
| 2024 | $1,954.36 | $51,860 |
| 2023 | $1,203.15 | $47,146 |
| 2022 | $1,038.03 | $44,760 |
| 2021 | $956.58 | $40,693 |
| 2020 | $1,007.86 | $40,653 |
| 2019 | $1,013.52 | $40,653 |
| 2018 | $989.06 | $40,653 |
| 2017 | $989.06 | $39,384 |
| 2016 | $933.08 | $39,384 |
| 2015 | $929.15 | $39,167 |
| 2014 | $843.69 | $30,817 |
| 2013 | $454.77 | $30,561 |
| 2012 | $459.45 | $30,561 |
| 2011 | $462.65 | $30,817 |
| 2010 | $475.53 | $31,230 |
| 2009 | $483.74 | $31,809 |
| 2008 | $483.27 | $31,809 |
| 2007 | $484.5 | $31,809 |
| 2006 | $522.92 | $31,809 |
| 2005 | $364.41 | $21,944 |
| 2004 | $290.38 | $0 |
| 2003 | $178.16 | $10,325 |
| 2002 | $0 | $14,376 |
| 2001 | $0 | $18,086 |
Similar Properties Nearby
Explore other investment opportunities in Umatilla.