For SaleRisky Deal71 days on market
109 OAK TREE Lane
109 OAK TREE Lane, Palatka, FL 32177, Palatka, FL 32177
$489,900
Estimate®:$479,800
Listing Price
109 OAK TREE Lane, Palatka, FL 32177
Loc: Palatka, FL
Days Listed
71
Tax Assessed
$419k
Estimate®
$480k
Market Rate
Lot Size
0.50 acres
Rent Estimate
$2,844/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.
5
Kelley Smith Elementary School
K-6
0.4 mi away
3
Palatka High School
7-12
2.5 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
ranch-stylemetal roofdormer windowscovered front porchwood sidingspacious lawncountry livingstone chimneymulti-level roofmature treesresidential propertytraditional charm
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.93%
Total ROI
44.2%
Cash Flow
$-939/mo
DSCR
0.63
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-939/mo net cash flow with a 3.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Palatka, 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 |
|---|---|---|---|
| 2026-09-22 | Price change | $489,900 | $145 |
| 2026-08-18 | Listed for sale | $519,900 | $154 |
| 2026-08-18 | Pending sale | $519,900 | $154 |
| 2026-07-27 | Price change | $519,900 | $154 |
| 2026-07-14 | Listed for sale | $569,900 | $169 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $1,313.41 | $418,860 |
| 2023 | $1,264.4 | $405,250 |
| 2022 | $1,186.72 | $350,300 |
| 2021 | $1,180.87 | $246,360 |
| 2020 | $1,232.13 | $228,720 |
| 2018 | $1,188.79 | $191,470 |
| 2017 | $1,188.79 | $89,280 |
| 2016 | $1,182.79 | $84,610 |
| 2015 | $1,093.05 | $84,028 |
| 2014 | $1,147.67 | $83,361 |
| 2013 | $0 | $82,129 |
| 2012 | $0 | $80,756 |
| 2011 | $0 | $78,404 |
| 2010 | $0 | $77,245 |
| 2009 | $0 | $75,214 |
| 2008 | $0 | $75,139 |
| 2007 | $0 | $72,950 |
| 2005 | $0 | $69,098 |
| 2004 | $0 | $67,085 |
| 2003 | $0 | $65,834 |
| 2002 | $0 | $64,291 |
| 2001 | $0 | $63,279 |
| 2000 | $0 | $61,436 |
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