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$275,000

Beds
3
Baths
2.0
sq ft
1,491

414 Magnolia Dr, Palatka, FL 32177

414 Magnolia Dr

Palatka, FL 32177

  • 161 days on market
    • Open house Mar 29
Golf course & Riverfront Nearby! This 3-bedroom, 2-bath concrete block home in the Rolling Hills Subdivision offers comfort and convenience. Built with real wood cabinets, the open plan is designed for entertaining with a light and airy feel throughout! The home also features a spacious covered and screened-in back porch, a sitting front porch, perfect for outdoor relaxation. The two-car garage and extra storage room provide even more space for your needs. Located down the road from the Palatka Golf Course, just 1.5 miles from Ravine Gardens State Park and less than 3 miles from the scenic St. Johns Riverfront! This home is perfectly situated near the cobblestone streets of thriving downtown Palatka, filled with unique shops, live music, and walking trails along the gorgeous river. With easy access to Gainesville and the historic charm of St. Augustine, this property is a great opportunity for new homeowners or investors looking for prime rental potential! Call today and ask about the no down payment options

Details

Property type

Single Family Residence

Est. home value

$214,057

Lot size

0.24 acres

Price per sq ft

$185

Year built

1970

Annual property taxes

$3,279.08

Price History

03/15/2025
RealMLS

RealMLS #2050797

Price change
$275,000
+5.81%
03/15/2025
RealMLS

RealMLS #2050797

Listed
$259,900
12/20/2024
RealMLS

RealMLS #2050797

Removed
$259,900

Schools & Community

Elementary school: 

Moseley

Middle school: 

Unknown

High school: 

Palatka

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

$106,748
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$146,252
Cash to seller
$106,748

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

Seller’s Loan History

Lender

Amerant Mortgage Llc

Loan start date

February 2023

Original loan amount

$150,000

Est. remaining balance

$146,252

Interest rate

6.31%

Loan type

New Conventional, 30 year

Seller

Karen L Larry

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?

Status: Active

Tomo last checked: 03/15/2025 at 3:40 PM

Listing updated: 03/15/2025 at 12:26 PM

Listed by: SUSANNA BRIDGES, NORTH FLORIDA LIVING REAL ESTATE CO Phone #: (386) 546-0028

MLS: RealMLS #2050797

RealMLS logo

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