1567 NE 5th Place Gainesville, FL 32641
Duval and Eagle Eyes NeighborhoodEstimated Value: $124,000 - $183,000
2
Beds
1
Bath
840
Sq Ft
$186/Sq Ft
Est. Value
Highlights
- Deck
- Florida Architecture
- Corner Lot
- Gainesville High School Rated A
- Main Floor Primary Bedroom
- 3-minute walk to C. F. Franklin Memorial Park
About This Home
As of April 2021Investment property! The main home is a 2 bedroom 1 bath currently rented for 850 a month through February 22nd. The tenant would prefer to renew their lease. The home has had the big ticket items such as the roof, HVAC, Plumbing & Electrical addressed within the past few years. Also, there have been some cosmetic updates. There is also an efficiency "studio" that is rented for 695 a month above the detached 2 car garage. There is a hands on property manager in place. To help organize your numbers: Gross monthly income 1,545. Property management fee is 10% a month. Estimate for insurance is 110 a month. Tax estimate is 137 a month. Add your own figures for general & capital expenses. (Everyone is a bit different as to what they choose to allocate in those categories)
Last Agent to Sell the Property
THOMAS LYNNE REALTY GROUP LLC License #3057584 Listed on: 12/12/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,644
Year Built
- Built in 1930
Lot Details
- 9,583 Sq Ft Lot
- Chain Link Fence
- Corner Lot
Parking
- 2 Car Garage
Home Design
- Florida Architecture
- Frame Construction
- Shingle Roof
- Asbestos
Interior Spaces
- 840 Sq Ft Home
- Storage Room
Kitchen
- Eat-In Kitchen
- Oven
- Cooktop
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Outdoor Features
- Deck
- Screened Patio
Schools
- Charles W.Duval Elementary School
- Westwood Middle School
- Gainesville High School
Farming
- Bathroom in Barn
Utilities
- Central Heating
- Gas Water Heater
- Private Sewer
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Waites Subdivision
Listing and Financial Details
- Property Available on 2/23/21
- Assessor Parcel Number 11055-000-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 12, 2020
Closed on
Apr 13, 2021
Sold by
Florida Re Llc
Bought by
Kere Hiwot Amare
Seller's Agent
Shawn Hicks
THOMAS LYNNE REALTY GROUP LLC
Buyer's Agent
Bill Rohan
GORE-RABELL REAL ESTATE INC
List Price
$129,900
Sold Price
$122,000
Premium/Discount to List
-$7,900
-6.08%
Total Days on Market
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,535
Avg. Annual Appreciation
6.81%
Original Mortgage
$107,000
Outstanding Balance
$97,506
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$62,766
Purchase Details
Closed on
Nov 3, 2020
Sold by
Asse Real Estate Llc
Bought by
Florida Re Llc
Purchase Details
Listed on
Dec 18, 2018
Closed on
Jan 9, 2019
Sold by
Le Parker Jr Moses
Bought by
Asse Real Estate Llc
Seller's Agent
Vincent Hampton
ZORI REALTY
Buyer's Agent
Shawn Hicks
THOMAS LYNNE REALTY GROUP LLC
List Price
$117,000
Sold Price
$90,000
Premium/Discount to List
-$27,000
-23.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%
Purchase Details
Closed on
Jul 15, 2016
Sold by
Sterling Sophia Lavada
Bought by
Panke Moses Le
Purchase Details
Closed on
Feb 16, 2001
Sold by
Bright Theresa and Hawkins Dollie
Bought by
Parker Sophia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
7.02%
Purchase Details
Closed on
Apr 27, 2000
Bought by
Parker Moses Le
Purchase Details
Closed on
Sep 26, 1996
Bought by
Parker Moses Le
Purchase Details
Closed on
Oct 20, 1992
Bought by
Parker Moses Le
Similar Homes in Gainesville, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kere Hiwot Amare | $122,000 | Atlas T&E Svcs Llc | |
| Florida Re Llc | -- | None Available | |
| Asse Real Estate Llc | $90,000 | Haile Title Co | |
| Panke Moses Le | -- | None Available | |
| Parker Sophia | $48,000 | -- | |
| Parker Moses Le | $100 | -- | |
| Parker Moses Le | $100 | -- | |
| Parker Moses Le | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kere Hiwot Amare | $107,000 | |
| Previous Owner | Parker Sophia | $45,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/06/2021 12/06/21 | Off Market | $122,000 | -- | -- |
| 12/06/2021 12/06/21 | Off Market | $90,000 | -- | -- |
| 04/13/2021 04/13/21 | Sold | $122,000 | -6.1% | $145 / Sq Ft |
| 02/03/2021 02/03/21 | Pending | -- | -- | -- |
| 12/11/2020 12/11/20 | For Sale | $129,900 | +44.3% | $155 / Sq Ft |
| 01/07/2019 01/07/19 | Sold | $90,000 | -23.1% | $107 / Sq Ft |
| 12/28/2018 12/28/18 | Pending | -- | -- | -- |
| 12/14/2018 12/14/18 | For Sale | $117,000 | -- | $139 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $2,774 | $184,312 | $30,000 | $154,312 |
| 2023 | $2,774 | $118,697 | $19,500 | $99,197 |
| 2022 | $2,530 | $104,542 | $19,500 | $85,042 |
| 2021 | $1,708 | $64,660 | $19,500 | $45,160 |
| 2020 | $1,713 | $65,005 | $19,500 | $45,505 |
| 2019 | $1,595 | $73,707 | $26,000 | $47,707 |
| 2018 | $1,232 | $47,500 | $8,000 | $39,500 |
| 2017 | $1,156 | $42,000 | $8,000 | $34,000 |
| 2016 | $1,156 | $42,700 | $0 | $0 |
| 2015 | $1,177 | $42,700 | $0 | $0 |
| 2014 | $1,171 | $42,000 | $0 | $0 |
| 2013 | -- | $43,000 | $8,000 | $35,000 |
Source: Public Records
Agents Affiliated with this Home
-
Shawn Hicks
Seller's Agent in 2021
Shawn Hicks
THOMAS LYNNE REALTY GROUP LLC
(352) 871-5770
2 in this area
119 Total Sales
-
Bill Rohan
Buyer's Agent in 2021
Bill Rohan
GORE-RABELL REAL ESTATE INC
(352) 226-0205
1 in this area
41 Total Sales
-
Vincent Hampton
V
Seller's Agent in 2019
Vincent Hampton
ZORI REALTY
(352) 301-6550
84 Total Sales
Map
Source: Stellar MLS
MLS Number: GC440189
APN: 11055-000-000
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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