Sold·Closed Jun 16, 2026·22 days on market
314 Madison Street
Palatka, FL 32177
About this home
Palatka
Investor Alert...Step into timeless elegance with the Lane-Fernside Home (1885)--a stunning Victorian residence showcasing classic Queen Anne influences and rich Florida heritage. Located in the North Historic District of Palatka, this home offers a rare opportunity to own a piece of local history. The home features 5 bedrooms and 3 bathrooms with exceptional preserved detail throughout, including original wood floors, an ornate staircase, floor-to-ceiling windows, and a restored front entry with stained glass windows. The main level showcases glass pocket doors, creating an open and flexible flow ideal for entertaining. Additional historic features include an original fireplace with a mantel and a built-in china pantry. Modern updates include a 200-amp electrical panel, on demand New Hot water heater, updated lower-level lighting, and a semi-updated, fully functional kitchen with appliances. This home is being sold as-is.
Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
- • In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
- • Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be (that applies to the reference bill above too).
Mortgage calculator — adjust rate & down payment
Cost to own
Mortgage calculator
Storms & insurance
Florida Reality Check
The storm-and-insurance facts every Florida buyer should know up front.
Flood zone not yet determined
Check the exact parcel at msc.fema.gov or ask Krista to pull it.
Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.
Evacuation zone not yet determined
Check floridadisaster.org/knowyourzone.
Roof: Shingle — year not disclosed (home built 1885)
Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.
Solar potential: ~1,715 usable sun-hours per year
A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.
Krista can connect you with local insurance quotes before you make an offer.
Ask about this homeThis Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.
Sun & Light
North-facing backyard — the shade-and-soft-light lot
The listing reports the home facing south, which puts the backyard on the north side. Today at this address: sunrise 7:26 AM, sunset 7:01 PM.
- The rear stays out of direct sun for most of the day — the coolest lanai orientation in a Florida summer, and the softest, most even light all day.
- A pool back here gets the least direct sun: cooler water and less glare — a real preference split, so decide which camp you are in before you price it.
- Winter afternoons on the lanai run dim earlier than any other orientation.
Orientation per the MLS listing; sun paths are seasonal geometry for Northeast Florida, not a shade study — trees, screening, and neighboring structures change the picture on any specific lot.
Cost to own
Taxes & assessment
2025 property taxes (current owner): $1,063/yr
Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Sources: Florida DOR certified tax roll, NEFMLS.
Closed sales
What sold nearby
Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $140/sq ft; this home is listed at $68/sq ft.
| Address | Closed | Price | $/sq ft | Bd/Ba | Sq ft | DOM | Miles |
|---|---|---|---|---|---|---|---|
| 137 Crestview Drive, Palatka, FL 32177Listed by RIVER CITY RENTALS AND REALTY | Nov 2025 | $525,300 | $189 | 4/4.5 | 2,784 | 29 | 2.4 |
| 164 Carole Road, Palatka, FL 32177Listed by COLDWELL BANKER BEN BATES INC | Jun 2026 | $325,000 | $109 | 6/3.5 | 2,975 | 139 | 2.6 |
| 360 Alabama Avenue, Palatka, FL 32177Listed by COLDWELL BANKER PREMIER PROPERTIES | May 2026 | $395,000 | $118 | 4/2 | 3,348 | 258 | 2.6 |
| 4083 Silver Lake Drive, Palatka, FL 32177Listed by ENDLESS SUMMER REALTY | Dec 2025 | $529,999 | $140 | 7/3.5 | 3,790 | 39 | 3.1 |
Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.
Features
School Information
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: IHEART REALTY INC
Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.
Keep looking
More homes in Dicks Map
For RentLease
105 N 2nd StreetPalatka, FL 32177
2 bd · 2 ba · 1,000 sq ft
$1,650/moWelcome to your stunning residence in the heart of historic downtown Palatka! This beautiful 2-bedroom, 2-bath loft…
Listing Office: timber to tides realty llc
For RentLease
912 St Johns Avenue 101Palatka, FL 32177
1 bd · 1 ba · 650 sq ft
$1,500/moWelcome to the Peace Garden apartments where old town charm meets modern design! There are three newly constructed…
Listing Office: duck realty inc
For Sale117 S 3rd StreetPalatka, FL 32177
3 bd · 2 ba · 2,356 sq ft
$530,000Est. $2,821/moThis home offers the best of both worlds, historic character with tasteful modern updates. Many original features…
Listing Office: duck realty inc
For Sale520 River StreetPalatka, FL 32177
4 bd · 3.5 ba · 3,132 sq ft
$799,900Est. $4,257/moRARE FIND! HISTORY AT IT'S BEST! CIRCA 1912 IN PALATKA'S SOUTH HISTORIC DISTRICT LOCATED ON THE ST JOHNS RIVER! This…
Listing Office: century 21 beckham realty
Keep looking
Similar homes in Palatka
Your Local Realtor
Krista Fracke
Broker Associate
This home sold on Jun 16, 2026. If you own nearby and want to know what this sale means for your value, or you're shopping this street, I can walk you through it.
Text Krista about this saleHomes for sale nearby →20+ years · 500+ closings · NE Florida
Curious what nearby homes sold for?
MLS rules keep sold prices off public sites — ask Krista and she'll email you recent sales for this area.
Northeast Florida living
Ponte Vedra Beach · St. Johns County · Nocatee · eTown & Seven Pines