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$200,000

Beds
3
Baths
2.5
sq ft
1,448

127 Mellon Rd, Palatka, FL 32177

127 Mellon Rd

Palatka, FL 32177

  • 118 days on market
    • Price drop $40,000↓
Discover the potential of this spacious home, perfectly located with convenient access to shopping and schools. With a little TLC, you can transform this property into the dream home you've always envisioned. Don't miss this opportunity.

Details

Property type

Single Family Residence

Est. home value

$205,283

Property condition

Fixer

Lot size

0.23 acres

Price per sq ft

$139

Year built

1970

Annual property taxes

$2,676.28

HOA

No

Price History

03/25/2025
RealMLS

RealMLS #2059750

Price change
$200,000
-16.67%
12/06/2024
RealMLS

RealMLS #2059750

Listed
$240,000
+152.9%
04/21/2017
RealMLS

RealMLS #859448

Sold
$94,900
+245.09%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$101,798
Asking price
$200,000
Closing costs (~8% of asking)
-$16,000
Est. remaining loan balance
-$82,202
Cash to seller
$101,798

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United States Of America

Loan start date

April 2017

Original loan amount

$94,900

Est. remaining balance

$82,202

Interest rate

4.1%

Loan type

USDA, 33 year

Seller

John Y Hudson

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/03/2025 at 11:40 AM

Listing updated: 03/31/2025 at 7:37 PM

Listed by: KATHRYN ANN COX, WATSON REALTY CORP Phone #: (904) 461-9066

MLS: RealMLS #2059750

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