For SaleRisky Deal33 days on market
114 Timber Ln
114 Timber Ln, Palatka, FL 32177, Palatka, FL 32177
$474,000
Listing Price
114 Timber Ln, Palatka, FL 32177
Loc: Palatka, FL
Days Listed
33
Tax Assessed
$316k
Lot Size
0.50 acres
Rent Estimate
$2,515/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
0.7 mi away
3
Palatka High School
7-12
2.2 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
SingleFamily1981Forced air, ElectricCentral4 Parking spaces$21 monthly0.50 Acres33 Days$198
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.65%
Total ROI
38.2%
Cash Flow
$-1,018/mo
DSCR
0.59
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,018/mo net cash flow with a 3.6% 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 |
|---|---|---|---|
| 2026-09-02 | Price change | $474,000 | $198 |
| 2026-08-21 | Listed for sale | $475,000 | $198 |
| 2026-07-07 | Listing removed | $489,500 | $204 |
| 2026-06-21 | Price change | $489,500 | $204 |
| 2026-06-14 | Price change | $494,500 | $206 |
| 2026-04-14 | Price change | $498,000 | $208 |
| 2026-02-20 | Price change | $499,000 | $208 |
| 2026-02-03 | Price change | $509,000 | $212 |
| 2026-01-17 | Price change | $525,000 | $219 |
| 2026-01-07 | Listed for sale | $549,000 | $229 |
| 2025-09-25 | Listing removed | $0 | – |
| 2025-09-08 | Listed for sale | $475,000 | $198 |
| 2025-08-31 | Listing removed | $0 | – |
| 2025-08-25 | Listed for sale | $490,000 | $204 |
| 2025-08-20 | Listing removed | $510,000 | $213 |
| 2025-08-04 | Price change | $510,000 | $213 |
| 2025-05-22 | Price change | $514,900 | $215 |
| 2025-04-26 | Listed for sale | $519,900 | $217 |
| 2024-03-15 | Sold | $450,000 | $188 |
| 2024-01-23 | Pending sale | $499,900 | $208 |
| 2023-09-18 | Price change | $499,900 | $208 |
| 2023-08-18 | Price change | $509,000 | $212 |
| 2023-07-18 | Listed for sale | $519,000 | $216 |
| 2021-03-24 | Listing removed | $0 | – |
| 2020-09-21 | Sold | $250,000 | $104 |
| 2020-08-18 | Pending sale | $258,000 | $108 |
| 2019-03-25 | Sold | $172,000 | $72 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $5,401 | $316,180 |
| 2023 | $3,095.82 | $312,230 |
| 2022 | $2,934.04 | $270,330 |
| 2021 | $2,913.17 | $217,870 |
| 2020 | $2,666.94 | $180,390 |
| 2018 | $3,112.25 | $162,590 |
| 2017 | $3,112.25 | $153,200 |
| 2016 | $3,030.71 | $144,060 |
| 2015 | $2,814.35 | $152,467 |
| 2014 | $2,263.17 | $148,356 |
| 2013 | $0 | $146,164 |
| 2012 | $0 | $143,721 |
| 2011 | $0 | $139,535 |
| 2010 | $0 | $137,473 |
| 2009 | $0 | $133,859 |
| 2008 | $0 | $133,725 |
| 2007 | $0 | $129,830 |
| 2005 | $0 | $122,974 |
| 2004 | $0 | $119,392 |
| 2003 | $0 | $117,166 |
| 2002 | $0 | $114,420 |
| 2001 | $0 | $112,618 |
| 2000 | $0 | $109,338 |
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