$192,500
408 MAGNOLIA DR Drive, Palatka, FL 32177, Palatka, FL 32177
Rolling Hills
- Price
- $192,500
- Beds / Baths
- 3 / 2
- Living area
- 1,613 sqft
- Year built
- 1971
- Type
- Residential
- Lot
- 0.27 ac
- Garage
- 1
- HOA
- None
- CDD
- No
- Flood zone
- Unknown
- County
- Putnam
- Days on market
- 51
- High school
- Palatka
$119/sqft asking, vs a $162/sqft median across 259 closed sales in 32177 over the last 12 months — 27% below the area's closed prices. New water and sewer lines with transferable warranty are valuable, but the home is priced 26.5% below area comparables; ask the listing agent why.
Community is nice residential area located close to schools, shopping and recreational areas. The home is a 3-bedroom, 2 bath brick home with a large living room and formal dining room. Outside enjoy a fenced backyard and open front yard with off road parking and a two-car garage. New water and sewer lines with a transferable plumbing warranty.
What to check on this one
- Verify roof age and current condition; 1971 home may need inspection or replacement soon.
- Confirm water/sewer line work completion dates and plumbing warranty transfer terms in writing.
- Get 4-point inspection (required by most insurers on 55-year-old homes in Florida).
- Inspect pool equipment age, maintenance records, and any enclosure structural integrity.
- Verify flood zone designation with Putnam County; obtain FEMA map if AE/VE applies.
- Confirm HVAC system age and service history; original units unlikely at this age.
Flagged from the listing itself — not an inspection, and no substitute for one. Bring these to the showing.
What this home really costs per month
Loan $154,000 at 6.75% · 30 yr
Not a loan quote. Rate, insurance, and tax are stated assumptions — a lender and an insurance agent give real numbers. Homestead exemption lowers taxes after you file.
Listing courtesy of BALDWIN FAMILY REALTY LLC. Data via realMLS (Northeast Florida MLS), updated Aug 24, 2026, 5:50 PM.
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