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550 Olustee Ave

Lake City, FL 32025

3 bd 2 ba 1,024 sqft Built 1964 Lot 10,977 sqft single_family
Most recent sale
$186,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 17, 2026 Listing removed $240,000 StellarMLS
Oct 24, 2025 Listed $240,000 LakeCityArea
May 20, 2025 Price changed $255,000 LakeCityArea
Apr 30, 2025 Price changed $260,000 LakeCityArea
Jan 16, 2025 Price changed $265,000 LakeCityArea
Nov 18, 2024 Listed $275,000 LakeCityArea
May 27, 2022 Sold $186,000 MLS #115906
Sep 30, 2019 Listed $114,900 MLS #425809
Sep 20, 2019 Listed $114,900 MLS #104609
Jun 26, 2019 Sold $108,000 MLS #104609
Apr 1, 2015 Sold $67,000 MLS #90080
Mar 3, 2015 Listed $79,900 MLS #90080

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $123,223 $18,500 $141,723 $2,410
2021 $61,960 $840
2020 $61,105 $647
2019 $57,579 $769
2018 $56,505 $771
2017 $45,623 $9,720 $55,343 $767
2016 $45,882 $9,720 $55,602 $737
2015 $45,228 $9,720 $54,948 $1,282
2014 $44,134 $684
2013 $43,482 $675
2012 $42,755 $568
2011 $41,510 $550
2010 $40,897 $545
2009 $39,822 $541
2008 $39,782 $538

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,024 sqft
Lot size
10,977 sqft
ZIP code
32025
City
Lake City
Street
Olustee Ave
Coordinates
30.17740, -82.60884

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,894
Gross rental yield
12.22%
Implied cap rate
7.94%
Trend-extrapolated value

Frequently asked questions

When did 550 Olustee Ave last sell?
550 Olustee Ave most recently sold on May 27, 2022 for $186,000.
What is the current tax assessment for 550 Olustee Ave?
The most recent total assessment for 550 Olustee Ave (year 2023) is $141,723 with $2,410 in property tax.
How does 550 Olustee Ave's assessment compare to its last sale price?
The current assessment is 23.8% below the last sale price of $186,000.
When was 550 Olustee Ave built?
550 Olustee Ave was built in 1964.
How does 550 Olustee Ave compare to others on Olustee Ave?
We track 8 other properties on Olustee Ave. Browse the list under "Other properties on Olustee Ave" to compare beds, baths, and sale history.
What are the property facts for 550 Olustee Ave?
550 Olustee Ave is a 3 bed, 2 bath, 1,024 sqft, 10,977 sqft lot single_family.
Is 550 Olustee Ave a flip candidate?
No — 550 Olustee Ave does not appear in our flips dataset.
Is 550 Olustee Ave a tax-appeal candidate?
No — 550 Olustee Ave 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
+9.7%
Implied 1-yr
+38.9%
2026 Q3
$603.8K
2026 Q4
$603.8K
ZIP 32025 — Median Price History + Forecast

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