$127,999

492 NW Matthew St Lake City, FL 32055

$1,520
Closing credit¹
2 beds
1 full, 1 partial
1,052 sqft
0.2 acres
$122 / sqft
House

Property details

About 492 NW Matthew St

This charming 1920s Craftsman-style home offers 2 bedrooms, 1.5 baths, plus a detached efficiency with a kitchen and full bathroom—ideal for investors seeking passive income through short- or long-term rentals. Featuring a new HVAC system, updated electrical, panel, meter, and a modernized kitchen while preserving the original hardwood throughout most of the home. Main house needs minor updates and second efficiency needs FULL rehab. Located in a quiet community, directly across from a large public park and close to nearby schools, this home offers both character and convenience. A great investment opportunity! Portion of the kitchen caught on fire. It was taken care of by insurance company and inspected by the city. Be mindful this property needs TLC

Highlights

Home typeSingle Family Residence
HeatingCentral, Window Unit(s)
StatusActive
CoolingCentral Air, Zoned
Size1,052 sqft
Lot size0.17 Acres
Year built1920
MLS #D6139905

Virtual tour

Summary

  • MLS Number: D6139905
  • MLS Name: MFRMLS
  • Office Name: STEELBRIDGE REALTY LLC
  • Office Phone: (239) 694-3300
  • Listing Agent: Jeffrey Tumbarello

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

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IDX Copyright 2025 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 11:19:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bungalow-style home with covered porch and a front yard

$127,999

492 NW Matthew St

$1,520

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 16, 2020
Home Sold
$85,000
Aug 02, 2002
Home Sold
$27,600

Tax history

YearAssessmentProperty Tax
2023$113,244$-
2022$75,727$-
2021$73,521$-
2020$46,474$864
2019$45,429$670
2018$44,582$657
2017$43,665$641

History based on county public records data.

Nearby schools

5

Niblack Elementary School

Public District PK-5

1.0 mi

837 NE Broadway Ave

4

Richardson Sixth Grade Academy

Public District 6-6

1.2 mi

646 SE Pennsylvania St

3

Melrose Park Elementary School

Public District PK-5

1.2 mi

820 SE Putnam St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,804. Typical income of Lake City, FL residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

34%
<35k
63%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

62%
Single, No Kids
11%
Single, with Kids
17%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
7%
12-17 yrs old
18%
18-34 yrs old
43%
35-64 yrs old
21%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Stein MartStein Mart
  • KmartKmart

Where do the neighbors go to eat?

  • SonicSonic
  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • ChevroletChevrolet

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • Adult StandardsAdult Standards
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 492 NW Matthew St

This home is located at 492 NW Matthew St in Lake City, FL and zip code 32055. This 1,052 square foot home, which was built in 1920, sits on a 0.17 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 8, 2025 and is currently priced at $127,999.

In February 2025, from all listings sold in Lake City, FL there were more than 2 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price. Between January and February 2025, Lake City, FL real estate market has seen increase in the number of listings by 7.3%. In February 2025, listings were on the market for 44 days. During the same period, the median list price in this real estate market was $288,000.

From Rocket Homes Real Estate and based on county public records data.

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