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Sold for $240,000
  • $240,000

    531 NW Palm Dr, Lake City, FL 32055

    5beds
    2,548sqft
    Single Family Residence
    Built in 1951
    0.36 Acres Lot
    $234,900 Zestimate®
    $94/sqft
    $2,128 Estimated rent

    Home value

    $234,900

    $195,000 - $284,000

    $2,128/mo

    Zestimate® history
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    What's special

    Double master upstairsFenced backyardTwo central unitsTwo hot water heaters
    5 Br/ 4 bath plus den/office! Room to spread out in this house! 2,548 SF! Double Master upstairs. Roof 2021. The roof on the addition was installed in 2018. Kitchen appliances were installed in 2018. Two hot water heaters. One is tank less and only one year old. Two central units. One is gas/electric and the other is a heat pump. Fenced backyard. Brand new 200 amp service. Tiled kitchen & living room. City water/sewage.

    Zillow last checked:

    Listing updated:

    Listed by:

    Catherine Wyman 386-344-5117,

    Magnolia Real Estate Group of North FL LLC 386-628-1552

    Source: NFMLS,MLS#: 127837MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Kitchen, Great Room, Dining Room, Family Room, Living Room
    Heating
    • Central Electric
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator, Dishwasher, Gas Range, Range Hood
    • Laundry: Laundry Room, In Garage
    Features
    • Fireplace, Ceiling Fan(s), Storage, High Speed Internet, Bonus Room, Corian Counters
    • Flooring: Vinyl Linoleum, Laminate, Hardwood, Carpet, Tile
    • Windows: Vinyl, Drapes, Blinds
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,548
    • Total interior livable area: 2,548 sqft

    Property

    Parking
    • Parking features: 3+ Car, Garage, Driveway
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Front Porch, Rear Porch
    • Exterior features: Shrubbery
    • Fencing: Chain Link,Fenced
    • On waterfront: Yes
    • Waterfront features: Lake Front
    Lot
    • Size: 0.36 Acres
    • Dimensions: .363
    • Features: Wooded
    Details
    • Additional structures: Detached Carport Garage
    • Parcel number: 313S1705974000
    • Zoning: SFR

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick Vinyl Siding, Multiple Materials
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1951

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: City Limits
    • Subdivision: GWEN LAKE ESTATES
    HOA
    • Has HOA: No
    Location
    • Region: Lake City

    Financial & listing details

    • Price per square foot: $94/sqft
    • Tax assessed value: $228,578
    • Annual tax amount: $4,215
    • Date on market: 7/22/2025
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/12/2025Sold$240,000-4.8%$94/sqft
    Source: NFMLS #127837 Report a problem
    8/6/2025Contingent$252,000$99/sqft
    Source: NFMLS #127837 Report a problem
    7/22/2025Listed for sale$252,000$99/sqft
    Source: NFMLS #127837 Report a problem
    7/21/2025Listing removed$252,000$99/sqft
    Source: NFMLS #125169 Report a problem
    6/18/2025Price change$252,000-2.7%$99/sqft
    Source: NFMLS #125169 Report a problem
    4/7/2025Price change$259,000-3.7%$102/sqft
    Source: NFMLS #125169 Report a problem
    2/18/2025Price change$269,000-2.2%$106/sqft
    Source: NFMLS #125169 Report a problem
    12/5/2024Price change$275,000-4.8%$108/sqft
    Source: NFMLS #125169 Report a problem
    11/5/2024Listed for sale$289,000+92.8%$113/sqft
    Source: NFMLS #125169 Report a problem
    11/18/2019Listing removed$149,900$59/sqft
    Source: STAN BATTEN REAL ESTATE, INC. #103434 Report a problem
    4/12/2019Price change$149,900-5.7%$59/sqft
    Source: STAN BATTEN REAL ESTATE, INC. #103434 Report a problem
    2/1/2019Listed for sale$159,000+22.4%$62/sqft
    Source: STAN BATTEN REAL ESTATE, INC. #103434 Report a problem
    1/2/2018Listing removed$129,900$51/sqft
    Source: UNITED COUNTRY DICKS REALTY #96809 Report a problem
    10/2/2017Price change$129,900-7.2%$51/sqft
    Source: UNITED COUNTRY DICKS REALTY #96809 Report a problem
    8/30/2017Price change$140,000-3.4%$55/sqft
    Source: UNITED COUNTRY DICKS REALTY #96809 Report a problem
    2/22/2017Listed for sale$145,000+68.8%$57/sqft
    Source: UNITED COUNTRY DICKS REALTY #96809 Report a problem
    3/9/2004Sold$85,900$34/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,215 +6.7%$209,549 +10%
    2024$3,951 +8.2%$190,499 +10%
    2023$3,653 +11.6%$173,181 +10%
    2022$3,273 +9.7%$157,437 +10%
    2021$2,984 +6.8%$143,125 +6.1%
    2020$2,794 +2.7%$134,854 +7.5%
    2019$2,721 $125,486 +15.8%
    2018$2,721 +16.6%$108,336 +3.8%
    2017$2,333 $104,354 +17.4%
    2016$2,333 +11.1%$88,869 +2.5%
    2015$2,100 +4.5%$86,695 +1.7%
    2014$2,011 $85,246 -10.5%
    2013-- $95,195 +0.8%
    2012-- $94,469 -1.7%
    2011-- $96,150 -12.7%
    2010-- $110,151 -4%
    2009-- $114,788 +4.6%
    2008-- $109,787 +3%
    2007-- $106,589 +2.5%
    2006-- $103,989 +14%
    2005-- $91,202 +14.8%
    2004-- $79,453 +27.9%
    2003-- $62,107 +2.4%
    2002-- $60,651 +1.6%
    2001-- $59,696 +3%
    2000-- $57,957
    Find assessor info on the county website

    Neighborhood: 32055

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