NOT LISTED FOR SALE

1431 NW 55th Terrace Gainesville, FL 32605

Estimated Value: $172,000 - $196,039

3 Beds
1 Bath
864 Sq Ft
$216/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $95,000 $110 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $1,252/month

71 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Storage Room
  • F.W. Buchholz High School Rated A
  • Patio
  • Terrazzo Flooring

About This Home

As of January 2018

This 3/1 rental home is conveniently located hear the mall, farmers market and highway. This home also has a large fenced in yard.

Co-Listed By

Debra Martin-Back

EXIT REALTY PRODUCERS License #3050519

EXIT REALTY PRODUCERS

Last Buyer's Agent

Betsy Pepine

PEPINE REALTY License #3154941

PEPINE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,629

Year Built

  • Built in 1960

Lot Details

  • 10,019 Sq Ft Lot
  • Chain Link Fence

Parking

  • 1 Car Garage
  • Carport

Home Design

  • Ranch Style House
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 864 Sq Ft Home
  • Family Room
  • Storage Room
  • Oven

Flooring

  • Terrazzo
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Schools

  • Myra Terwilliger Elementary School
  • Fort Clarke Middle School
  • F. W. Buchholz High School

Utilities

  • Central Air
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • West Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06352-063-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,629

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Concrete, Other
  • Living Area: 864
  • Lot Size Acres: 0.23
  • Year Built: 1960
  • Building Area Total: 1208
  • Lot Size Sq Ft: 10019
  • Directions to Property: From ...Newberry Road Heading west turn right on 55th Terrace. If you are heading east you will turn on 55th Street and go to first left turn which becomes 55th Terrace.
  • Status: Sold
  • Street Direction: NW
  • Co List Office Mls Id: MFR259504115
  • Co List Office Phone: 352-505-5700
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 529793684
  • RATIO Current Price By Calculate: 109.95
  • Total Acreage: 0 to less than 1/4
  • Barn Features: None
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo, Vinyl
  • Full Bathrooms: 1
  • Appliances Included: Electric Water Heater, Oven, Refrigerator
  • Total Bedrooms: 3
  • Street Number Modifier: 1431
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room,Storage Rooms
  • Living Area Meters: 80.27
  • Room Count: 1

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Patio
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: No

Utilities

  • Utilities: Water - Multiple Meters
  • Cooling: Central Air
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Myra Terwilliger Elementary School-AL
  • High School: F. W. Buchholz High School-AL
  • Middle Or Junior School: Fort Clarke Middle School-AL

Lot Info

  • Parcel Number: 06352-063-000
  • Fencing: Chain Link
  • Lot Features: Other
  • Homestead YN: 0
  • Lot Size Square Meters: 931

Tax Info

  • Tax Annual Amount: 1629

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2017
Closed on
Jan 12, 2018
Sold by
Sarkis Investmnets Llc
Bought by
Short Martin J and Short Judith R
Buyer's Agent
Betsy Pepine
PEPINE REALTY
List Price
$89,000
Sold Price
$95,000
Premium/Discount to List
$6,000
6.74%
Current Estimated Value
$187,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,010
Avg. Annual Appreciation
9.27%
Original Mortgage
$96,300
Outstanding Balance
$81,643
Interest Rate
3.94%
Mortgage Type
Construction
Estimated Equity
$105,367

Purchase Details

Closed on
May 6, 2011
Sold by
Irion Jeffery and The Louis Douglas Fols Declara
Bought by
Sarkis Investments Llc

Purchase Details

Closed on
Nov 24, 2003
Bought by
Sarkis Investments Llc

Purchase Details

Closed on
Apr 24, 1991
Bought by
Sarkis Investments Llc
Source: Public Records

Range of Values:

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Average Value
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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
Short Martin J $95,000 Bosshardt Title Ins Agency L
Sarkis Investments Llc $77,000 Attorney
Sarkis Investments Llc $100 --
Sarkis Investments Llc $31,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Short Martin J $96,300
Previous Owner Sarkis Investments Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Off Market $750 -- --
12/06/2021 12/06/21 Off Market $95,000 -- --
01/12/2018 01/12/18 Sold $95,000 +6.7% $110 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $89,000 0.0% $103 / Sq Ft
04/06/2012 04/06/12 Rented $750 0.0% --
04/02/2012 04/02/12 Rented $750 -6.1% --
04/02/2012 04/02/12 For Rent $799 -- --
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 $2,816 $141,817 $65,000 $76,817
2023 $2,816 $126,536 $65,000 $61,536
2022 $2,550 $108,390 $53,500 $54,890
2021 $2,456 $107,090 $65,000 $42,090
2020 $2,289 $98,124 $50,000 $48,124
2019 $2,046 $78,684 $26,000 $52,684
2018 $1,896 $72,900 $20,000 $52,900
2017 $1,815 $68,600 $20,000 $48,600
2016 $1,629 $60,700 $0 $0
2015 $1,612 $59,600 $0 $0
2014 $1,606 $58,800 $0 $0
2013 -- $59,600 $20,000 $39,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC407737

Stellar MLS

APN: 06352-063-000