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Sold

Sold·Closed Aug 21, 2026·10 days on market

114 E River Road

East Palatka, FL 32131

$75,000sold priceListed at $80,000 · 93.8% of asking$57/sqftMLS# 2155817
2
Beds
1
Baths
1,324
Sq Ft
1945
Built
—
Garage
No
Pool
FEMA Zone XNo HOA1.52 acresSingle Family Residence1 story

About this home

East Palatka

This spacious property, just over 1.5 acres, is ideally located just minutes away from amenities and Shopping. The Palatka to Saint Augustine trail is just down the road allowing you to enjoy biking and hiking on a paved trail. You are minutes away from restaurants, shopping, and the river in historical downtown Palatka. Saint Augustine beach and downtown area are a short drive from this amazing property. Bring your vision and make this property the home of your dreams!

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 7.4% · 30yr$415
Estimated total, before insurance$415/mo
Seller’s 2025 tax billper the MLS — includes any CDD / assessments$1,283/yr · $107/mo
  • • 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

$75,000
$15,000
Loan Term
Monthly Payment
$415
Principal & Interest: $415
Insurance (est.): $50
Estimated Total Monthly
$465
*30-year loan at 7.4% APR (avg 30-yr rate 2026-10-08, Freddie Mac PMMS via FRED). Taxes vary by county; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Zone X — minimal flood hazard

Flood insurance is typically not required by lenders (always optional).

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Outside all hurricane evacuation zones

This location is not in a designated storm-surge evacuation zone.

Roof: material not specified — year not disclosed (home built 1945)

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Likely septic · Private well (public record)

County records indicate an onsite septic system — budget a septic inspection before closing (typically $300–$500) and expect pump-outs every 3–5 years.

Source: Florida DOH Water Management Inventory (public record).

Solar potential: ~1,596 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 home

As of July 2026, this 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.

Cost to own

Taxes & assessment

2025 property taxes (current owner): $1,283/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.

History

Price & status history

  • Aug 21, 2026Closed$80,000
  • Jul 28, 2026Pending$80,000
  • Jul 17, 2026Listed$80,000

History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.

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 $171/sq ft; this home is listed at $60/sq ft.

AddressClosedPrice$/sq ftBd/BaSq ftDOMMiles
224 Louis Broer Road, East Palatka, FL 32131Listed by MAXREV, LLCJul 2026$52,000$470/01,10810.3
110 Big Apple Road, East Palatka, FL 32131Listed by YOUR CHOICE REAL ESTATEJul 2026$244,999$1724/21,4282430.8
108 Big Apple Road, East Palatka, FL 32131Listed by YOUR CHOICE REAL ESTATEMay 2026$243,999$1714/21,4282190.8
136 W St Johns Terrace, East Palatka, FL 32131Listed by FLORIDA HOMES REALTY & MTG LLCJun 2025$217,000$1613/1.51,3503181
115 Sunset Point Road, East Palatka, FL 32131Listed by COLDWELL BANKER BEN BATES INCAug 2026$530,000$3323/21,596161.3
135 Cedar Road, East Palatka, FL 32131Listed by CENTURY 21 TRITON REALTYJul 2026$110,000$650/21,680151.7

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

Price$80,000
Price / Sq Ft$60
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage1,324
Acres1.52 acres
Year Built1945
TypeResidential
Sub-TypeSingle Family Residence
StatusClosed
Has PoolNo
Is WaterfrontNo

Community Information

Address114 E River Road, East Palatka, FL 32131
Area564-East Palatka/San Mateo/N Satsuma/Orange Mills
SubdivisionLexington Park
CityEast Palatka
CountyPutnam
StateFL
Zip Code32131
Lot Size66,211.2 sq ft
Parcel Number051027000004500010

Amenities

UtilitiesElectricity Available
Water SourceNone
ParkingOther

Interior

AppliancesNone
HeatingNone
CoolingNone
# of Stories1

Exterior

Lot DescriptionCleared

Additional Information

Date ListedJuly 17, 2026
Days on Market10
Tax Amount$1,282.55
Tax Year2025
Listing TermsCash, Conventional
55+ CommunityNo
New ConstructionNo

Listing Courtesy of: MAXREV, LLC

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.

Your Local Realtor

Krista Fracke - Broker Associate

Krista Fracke

Broker Associate

This home sold on Aug 21, 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.

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