For SaleRisky Deal59 days on market
118 HERJA ACRE Lane
118 HERJA ACRE Lane, Palatka, FL 32177, Palatka, FL 32177
$950,000
Listing Price
118 HERJA ACRE Lane, Palatka, FL 32177
Loc: Palatka, FL
Days Listed
59
Tax Assessed
$843k
Lot Size
3.86 acres
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
2.4 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
mid-century modernflat roofranchbrick masonryfloor-to-ceiling windowscontemporarylush landscapingconcrete drivewayshaded entrywaymature treesarchitectural designnature-inspiredinvitinglow-profile
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.92%
Total ROI
87.6%
Cash Flow
$-241/mo
DSCR
0.95
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-241/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.9%)
- • Strong rental demand in Palatka
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 |
|---|---|---|---|
| 2026-07-27 | Listed for sale | $950,000 | $187 |
| 2025-08-01 | Listing removed | $965,900 | $190 |
| 2025-07-05 | Price change | $965,900 | $190 |
| 2025-06-24 | Price change | $966,000 | $190 |
| 2025-06-18 | Price change | $967,000 | $191 |
| 2025-06-11 | Price change | $968,000 | $191 |
| 2025-06-03 | Price change | $969,000 | $191 |
| 2025-04-29 | Listed for sale | $970,000 | $191 |
| 2024-11-18 | Listing removed | $1,250,000 | $246 |
| 2024-09-29 | Price change | $1,250,000 | $246 |
| 2024-05-24 | Price change | $1,400,000 | $276 |
| 2024-03-23 | Listed for sale | $1,800,000 | $355 |
| 2018-12-28 | Listing removed | $515,000 | $102 |
| 2018-10-22 | Price change | $515,000 | $102 |
| 2018-10-03 | Listed for sale | $633,000 | $125 |
| 2011-10-03 | Sold | $375,000 | $74 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $2,001.58 | $843,100 |
| 2023 | $2,568.24 | $819,940 |
| 2022 | $2,379.62 | $726,290 |
| 2021 | $1,803.28 | $570,600 |
| 2020 | $1,860.8 | $531,400 |
| 2018 | $2,569.22 | $360,620 |
| 2017 | $2,569.22 | $168,320 |
| 2016 | $2,575.13 | $164,860 |
| 2015 | $2,479.78 | $163,715 |
| 2014 | $2,504.48 | $162,416 |
| 2013 | $0 | $150,153 |
| 2012 | $0 | $147,643 |
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