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5987 Colin Kelly Hwy

Madison, FL 32340

4 bd 2 ba 2,283 sqft Built 1973 Lot 390,298 sqft single_family
Most recent sale
$330,000
Apr 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 25, 2022 Sold $330,000 Public Record
Apr 18, 2022 Sold $330,000 Tallahassee
Mar 1, 2022 Listed $330,000 MLS #342776

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $211,483 $66,304 $277,787 $445
2023 $222,667 $62,720 $285,387 $311
2022 $149,964 $3,231
2021 $136,331 $2,568
2020 $123,937 $2,453
2019 $88,583 $1,758
2018 $88,693 $1,099
2017 $89,899 $1,132
2016 $89,754 $1,083
2015 $90,048 $1,113
2014 $90,615 $1,129
2013 $90,596 $1,132
2012 $90,672 $1,150
2011 $88,056 $1,089
2010 $86,726 $1,080
2009 $84,317 $1,017
2008 $83,934 $954
2007 $79,498 $1,030

Property facts

Year built
1973
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,283 sqft
Lot size
390,298 sqft
ZIP code
32340
City
Madison
Street
Colin Kelly Hwy
Coordinates
30.53892, -83.36858

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,980
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5987 Colin Kelly Hwy last sell?
5987 Colin Kelly Hwy most recently sold on Apr 25, 2022 for $330,000.
What is the current tax assessment for 5987 Colin Kelly Hwy?
The most recent total assessment for 5987 Colin Kelly Hwy (year 2025) is $277,787 with $445 in property tax.
How does 5987 Colin Kelly Hwy's assessment compare to its last sale price?
The current assessment is 15.8% below the last sale price of $330,000.
When was 5987 Colin Kelly Hwy built?
5987 Colin Kelly Hwy was built in 1973.
How does 5987 Colin Kelly Hwy compare to others on Colin Kelly Hwy?
We track 8 other properties on Colin Kelly Hwy. Browse the list under "Other properties on Colin Kelly Hwy" to compare beds, baths, and sale history.
What are the property facts for 5987 Colin Kelly Hwy?
5987 Colin Kelly Hwy is a 4 bed, 2 bath, 2,283 sqft, 390,298 sqft lot single_family.
Is 5987 Colin Kelly Hwy a flip candidate?
No — 5987 Colin Kelly Hwy does not appear in our flips dataset.
Is 5987 Colin Kelly Hwy a tax-appeal candidate?
No — 5987 Colin Kelly Hwy 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
+5.0%
Implied 1-yr
+20.1%
2026 Q2
$389.9K
2026 Q3
$404.6K
ZIP 32340 — Median Price History + Forecast

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