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$455,000

Beds
2
Baths
2.5
sq ft
990

262 Silver Lake Rd, Palatka, FL 32177

262 Silver Lake Rd

PALATKA, FL 32177

  • 142 days on market
    • Price drop $10,000↓
One of a kind!!! Your oasis nestled on 3.14 acres of Palatka FL. This charming custom log cabin makes the perfect match with rustic and modern comfort in Agricultural zone. Investors friendly to run a vacation rental and with the two slab concrete able to install two RV vehicles. Located a few miles from several Springs makes this a great opportunity for business. This “Unicorn” has spacious great room with soaring ceilings and creates the ambiance when gathering with family and friends. With 2 bedrooms, 2 1/2 bathrooms and metal roof made on hard wood floors. Dining area and kitchen with new stainless steel appliances and breakfast bar, custom hardwood cabinets, copper sink with granite countertops in kitchen and bathrooms. Stepping outside you will discover and enjoy your own private paradise surrounded by many cypress trees. A front porch for relaxing and enjoying amazing landscape with fruit trees of 3.14 acres on 100% fenced lot. The water source is from well and a innovative water treatment plant. The 36 x 40 detached garage steel building located behind the house with electrical power and LED lighting gives you the chance to park your vehicles and storage garden equipment. Aditional ammenities: extra slab concrete for RV parking, handicap ramp.

Details

Property type

Single Family Residence

Est. home value

$456,853

Lot size

3.14 acres

Price per sq ft

$460

Year built

2019

Annual property taxes

$3,781.68

Price History

07/23/2024
StellarMLS

StellarMLS #O6200556

Price change
$455,000
-2.15%
04/30/2024
StellarMLS

StellarMLS #O6200556

Listed
$465,000
+9.44%
03/01/2022
RealMLS

RealMLS #1133461

Sold
$424,900

Schools & Community

Elementary school: 

Kelley Smith Elementary School

Middle school: 

Robert H. Jenkins Junior Middle

High school: 

Q. I. Roberts Jr/Sr High School

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

$55,183
Asking price
$455,000
Closing costs (~8% of asking)
-$36,400
Est. remaining loan balance
-$363,417
Cash to seller
$55,183

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

March 2022

Original loan amount

$382,410

Est. remaining balance

$363,417

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Steven J Hester and Katherine J Hester

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: 09/19/2024 at 5:50 PM

Listing updated: 07/23/2024 at 5:24 PM

Listed by: Rafael Falco Montes, MVP REALTY ASSOCIATES LLC Phone #: (239) 963-4499

MLS: StellarMLS #O6200556

StellarMLS logo

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