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1406 Falling Creek Rd

Lake City, FL 32055

3 bd 1 ba 1,421 sqft Built 1955 Lot 155,509 sqft single_family
Most recent sale
$199,995
Jun 17, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2022 Sold $199,995 MLS #114784
Mar 16, 2022 Listed $199,995 MLS #114784
Mar 15, 2002 Sold $38,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $120,405 $30,345 $150,750 $2,439
2024 $113,037 $30,345 $143,382 $2,427
2023 $103,562 $30,345 $133,907 $2,304
2022 $53,093 $629
2021 $51,547 $580
2020 $50,835 $381
2019 $49,692 $593
2018 $48,765 $598
2017 $47,762 $593
2016 $46,780 $553
2015 $46,455 $558
2014 $46,086 $555
2013 $45,405 $551
2012 $44,646 $450
2011 $43,346 $442
2010 $42,705 $442
2009 $39,339 $426
2008 $39,300 $423
2007 $39,300 $514

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,421 sqft
Lot size
155,509 sqft
ZIP code
32055
City
Lake City
Street
Falling Creek Rd
Coordinates
30.26495, -82.66746

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1406 Falling Creek Rd last sell?
1406 Falling Creek Rd most recently sold on Jun 17, 2022 for $199,995.
What is the current tax assessment for 1406 Falling Creek Rd?
The most recent total assessment for 1406 Falling Creek Rd (year 2025) is $150,750 with $2,439 in property tax.
How does 1406 Falling Creek Rd's assessment compare to its last sale price?
The current assessment is 24.6% below the last sale price of $199,995.
When was 1406 Falling Creek Rd built?
1406 Falling Creek Rd was built in 1955.
How does 1406 Falling Creek Rd compare to others on Falling Creek Rd?
We track 8 other properties on Falling Creek Rd. Browse the list under "Other properties on Falling Creek Rd" to compare beds, baths, and sale history.
What are the property facts for 1406 Falling Creek Rd?
1406 Falling Creek Rd is a 3 bed, 1 bath, 1,421 sqft, 155,509 sqft lot single_family.
Is 1406 Falling Creek Rd a flip candidate?
No — 1406 Falling Creek Rd does not appear in our flips dataset.
Is 1406 Falling Creek Rd a tax-appeal candidate?
No — 1406 Falling Creek Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.4%
Implied 1-yr
+13.4%
2026 Q3
$360K
2026 Q4
$360K
ZIP 32055 — Median Price History + Forecast

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