NOT LISTED FOR SALE

126 NE 40 Ln Unit A Gainesville, FL 32609

Estimated Value: $240,000 - $321,403

2 Beds
2 Baths
1,764 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $350,000 $198 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $1,846/month

41 Days on Market

Highlights

  • End Unit
  • No HOA
  • Laundry closet
  • Eastside High School Rated A-
  • Patio
  • Ceramic Tile Flooring

About This Home

As of July 2023

If this is your first home Or you are looking for an income-producing property? you have come to the right home. This Duplex is on a corner lot and features a completely remodeled 2-unit home. The property comes with 2 bedrooms and 1 Bath for each units A and B. The kitchen is 13X12 and has 36-inch cabinets, Quarts countertops, Samsung Appliances, refrigerator, gas stove, and microwaves. laundry closet  The bedrooms is 13X11. The living room is 17X15. Owen parking spaces All information/measurements are approximate and should be verified by the buyer or its agents, Pic of the vacant unit.

Last Agent to Sell the Property

Dionisio 'Dino' Cala

CALA REALTY License #3153905 Listed on: 05/04/2023

Last Buyer's Agent

James Cox, Jr

MBA REALTY GROUP, INC License #3299332

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,215

Year Built

  • Built in 1981

Lot Details

  • 0.25 Acre Lot
  • End Unit
  • Garden

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,764 Sq Ft Home
  • Combination Dining and Living Room
  • Laundry closet

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>

Flooring

  • Laminate
  • Ceramic Tile

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 1,836 Sq Ft Building
  • Pine Forest Estates Subdivision

Building Details

  • Operating Expense $3,218
  • Gross Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,215

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1764
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1836
  • Lot Size Sq Ft: 10880
  • Tenant Pays: Electricity, Sewer, Water
  • Directions to Property: From NW 39th AV go East to NE 2nd Way, right on NE 40th Lane. Duplex is on the left.
  • Status: Sold
  • Street Direction: NE
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Appraiser
  • Escrow State: FL
  • List Office Head Office Key Nume: 570434165
  • RATIO Current Price By Calculate: 198.41
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Property Description: Corner Unit
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Living Room/Dining Room Combo
  • Appliances Included: Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Levels: One
  • Street Number Modifier: 126
  • ResoLivingAreaSource: Appraiser
  • Living Area Meters: 163.88

Exterior Features

  • Exterior Features: Garden
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2018-11-02
  • Flood Zone Panel: 12001C0305E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Development: Pine Forest Estates

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RMF5
  • Parcel Number: 07965-004-040
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: A
  • Lot Size Square Meters: 1011

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 2700

Multi Family

  • Gross Income: 32400
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 2215
  • Tax Book Number: K-70
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jul 21, 2023
Sold by
Roblero-Perez Dagoberto B and Roblero-Perez Virginia Fig
Bought by
Washington Jarobi
Seller's Agent
Dionisio 'Dino' Cala
CALA REALTY
Buyer's Agent
James Cox, Jr
MBA REALTY GROUP, INC
List Price
$364,900
Sold Price
$350,000
Premium/Discount to List
-$14,900
-4.08%
Total Days on Market
41
Views
120
Current Estimated Value
$284,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,399
Avg. Annual Appreciation
-7.13%
Original Mortgage
$355,000
Outstanding Balance
$344,440
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
-$42,130

Purchase Details

Closed on
Feb 7, 2022
Sold by
Old Republic Exchange
Bought by
Roblero-Perez Dagoberto B and Labra Virginia Figueroa

Purchase Details

Closed on
Jul 8, 1992
Bought by
Jacobs Karl

Purchase Details

Closed on
Apr 27, 1992
Bought by
Jacobs Karl

Purchase Details

Closed on
Dec 1, 1985
Bought by
Jacobs Karl

Purchase Details

Closed on
Jun 1, 1981
Bought by
Jacobs Karl
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Washington Jarobi $355,000 Fidelity National Title
Roblero-Perez Dagoberto B $158,000 Us Title
Jacobs Karl $15,000 --
Jacobs Karl $47,000 --
Jacobs Karl $84,500 --
Jacobs Karl $12,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Washington Jarobi $355,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $350,000 -4.1% $198 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $364,900 -- $207 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,233 $277,975 $35,000 $242,975
2023 $3,233 $137,354 $25,000 $112,354
2022 $2,215 $134,172 $25,000 $109,172
2021 $1,852 $87,378 $25,000 $62,378
2020 $1,581 $62,034 $10,000 $52,034
2019 $1,859 $91,899 $45,000 $46,899
2018 $1,436 $58,900 $7,500 $51,400
2017 $1,346 $52,700 $7,500 $45,200
2016 $1,392 $54,600 $0 $0
2015 $1,463 $56,500 $0 $0
2014 $1,521 $58,400 $0 $0
2013 -- $59,300 $7,500 $51,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2023

    Dionisio 'Dino' Cala

    CALA REALTY

    (772) 528-2528

    36 Total Sales

    Dionisio 'Dino' Cala
    Section Image

  • J

    Buyer's Agent in 2023

    James Cox, Jr

    MBA REALTY GROUP, INC

    (407) 566-2555

    16 Total Sales

    James Cox, Jr
    Section Image

  • S

    Buyer Co-Listing Agent in 2023

    Sharon O'malley

    MBA REALTY GROUP, INC

    (407) 488-5316

    259 Total Sales

    Sharon O'malley
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O6108780

Stellar MLS

APN: 07965-004-040

Florida Alachua County Gainesville 32609

126 NE 40 Ln Unit A, Gainesville, FL

This home is located at 126 NE 40 Ln Unit A, Gainesville, FL 32609 since 04 May 2023 and is currently estimated at $284,601, approximately $161 per square foot. This property was built in 1981. 126 NE 40 Ln Unit A is a home located in Alachua County with nearby schools including Stephen Foster Elementary School, Westwood Middle School, and Eastside High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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