NOT LISTED FOR SALE

1602 SE 12th Place Gainesville, FL 32641

Lincoln Estates Neighborhood

Estimated Value: $183,000 - $202,000

3 Beds
1 Bath
960 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 08, 2022

Last sale price $175,000 $182 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,218/month

12 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Combination Dining and Living Room
  • Eastside High School Rated A-
  • Central Heating and Cooling System
  • South Facing Home

About This Home

As of August 2022

Value priced to sell! Home has great potential both for an owner occupant, or an investor. Home is block construction, with tile flooring throughout. According to permit records, the roof looks to be from 2017. Currently has a great tenant in place that will be up for renewal soon. The tenant has expressed interest in renewing should your interest come from an investor perspective. If considering this home as an owner occupant, lease is coming to an end soon, so this home is an option. Based on 2022 market conditions, this home for the price can be summed up in one word:Value! Conventional loans available for owner occupants with as low as 3% down!

Last Agent to Sell the Property

Shawn Hicks

THOMAS LYNNE REALTY GROUP LLC License #3057584 Listed on: 06/25/2022

Last Buyer's Agent

John Scotti

REALTY HUB License #3523412

REALTY HUB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,561

Year Built

  • Built in 1962

Lot Details

  • 6,586 Sq Ft Lot
  • South Facing Home
  • Land Lease expires 7/31/22
  • Property is zoned RSF3

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lincoln Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,561

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 960
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1962
  • Lot Size Sq Ft: 6586
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC506373?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC506373?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.06125
  • Price per Sq Ft: 182.29
  • Close to Original List Price Ratio: 1.03002
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo, Master Bedroom Main Floor, Thermostat
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Room Count: 4

Exterior Features

  • Direction Faces: South
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RSF3
  • Parcel Number: 16106-036-000
  • Additional Parcels: No
  • Flood Zone Code: X
  • Land Lease Expiration Date: 2022-07-31

Rental Info

  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No
  • Month To Month Or Weekly Y N: No

Tax Info

  • Tax Annual Amount: 1561.41
  • Tax Book Number: F-19
  • Tax Lot: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2022
Closed on
Aug 8, 2022
Sold by
Hancock Patrick L and Hancock Angela K
Bought by
Watts Linderia Latoine
Seller's Agent
Shawn Hicks
THOMAS LYNNE REALTY GROUP LLC
Buyer's Agent
John Scotti
REALTY HUB
List Price
$169,900
Sold Price
$175,000
Premium/Discount to List
$5,100
3%
Current Estimated Value
$183,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,950
Avg. Annual Appreciation
3.18%
Original Mortgage
$171,830
Outstanding Balance
$163,832
Interest Rate
5.51%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$31,037

Purchase Details

Closed on
Oct 18, 2019
Sold by
Fenn Clare and Fenn Claire
Bought by
Hancock Patrick L and Hancock Angela K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2017
Closed on
Dec 7, 2017
Sold by
Canoa Jose
Bought by
Fenn Claire
Seller's Agent
NILACALA KHURANA
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
List Price
$80,000
Sold Price
$65,000
Premium/Discount to List
-$15,000
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.52%

Purchase Details

Closed on
Mar 30, 2009
Sold by
Cardenos Janeth
Bought by
Canoa Jose

Purchase Details

Closed on
May 16, 2007
Sold by
Canoa Ana Sofia
Bought by
Cardenas Janeth

Purchase Details

Closed on
Apr 5, 2005
Sold by
Hud
Bought by
Canoa Ana Sofia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,750
Interest Rate
8.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2004
Bought by
Canoa Jose

Purchase Details

Closed on
Nov 16, 2004
Sold by
Godbolt Jason C and Godbolt Tawana M
Bought by
Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Nov 4, 2004
Bought by
Canoa Jose

Purchase Details

Closed on
Nov 16, 1998
Sold by
Leitner Philip
Bought by
Godbolt Jason C and Godbolt Tawana M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,910
Interest Rate
6.47%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 8, 1998
Sold by
Anderson Lee E
Bought by
Leitner Philip

Purchase Details

Closed on
Jun 23, 1989
Bought by
Canoa Jose

Purchase Details

Closed on
Aug 1, 1988
Bought by
Canoa Jose
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Watts Linderia Latoine $175,000 Atlas Title & Escrow Services
Hancock Patrick L $80,000 Attorney
Fenn Claire $65,000 Bosshardt Title Ins Agency L
Canoa Jose -- None Available
Cardenas Janeth $70,000 None Available
Canoa Ana Sofia $67,500 Lawyers Advantage Title Grou
Canoa Jose $100 --
Countrywide Home Loans Servicing Lp -- --
Canoa Jose $100 --
Hud -- --
Godbolt Jason C $48,500 --
Leitner Philip $29,000 --
Canoa Jose $21,500 --
Canoa Jose $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watts Linderia Latoine $171,830
Previous Owner Hancock Patrick L $64,000
Previous Owner Canoa Ana Sofia $60,750
Previous Owner Godbolt Jason C $48,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2022 08/08/22 Sold $175,000 +6.1% $182 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/05/2022 07/05/22 Price Changed $164,900 -2.9% $172 / Sq Ft
06/25/2022 06/25/22 For Sale $169,900 +161.4% $177 / Sq Ft
12/06/2021 12/06/21 Off Market $65,000 -- --
12/07/2017 12/07/17 Sold $65,000 -18.8% $68 / Sq Ft View Prior Sale
11/09/2017 11/09/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $80,000 -- $83 / 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
2025 $3,083 $133,693 $50,000 $83,693
2024 $3,085 $133,693 $50,000 $83,693
2023 $3,085 $133,693 $50,000 $83,693
2022 $1,701 $75,942 $15,000 $60,942
2021 $1,561 $63,986 $28,000 $35,986
2020 $1,572 $64,626 $28,000 $36,626
2019 $1,661 $70,028 $28,000 $42,028
2018 $1,410 $59,400 $18,000 $41,400
2017 $1,365 $55,800 $12,000 $43,800
2016 $1,277 $51,300 $0 $0
2015 $1,255 $49,300 $0 $0
2014 $1,267 $49,300 $0 $0
2013 -- $50,000 $12,000 $38,000
Source: Public Records

Agents Affiliated with this Home

  • Shawn Hicks

    Seller's Agent in 2022

    Shawn Hicks

    THOMAS LYNNE REALTY GROUP LLC

    (352) 871-5770

    2 in this area

    104 Total Sales

    Shawn Hicks
    Section Image

  • J

    Buyer's Agent in 2022

    John Scotti

    REALTY HUB

    (352) 240-0600

    1 in this area

    92 Total Sales

    John Scotti
    Section Image
  • NILACALA KHURANA

    Seller's Agent in 2017

    NILACALA KHURANA

    KELLER WILLIAMS GAINESVILLE REALTY PARTNERS

    (352) 316-3552

    99 Total Sales

    NILACALA KHURANA
    Section Image
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Map

Source: Stellar MLS

MLS Number: GC506373

Stellar MLS

APN: 16106-036-000

Florida Alachua County Gainesville 32641 Lincoln Estates

1602 SE 12th Place, Gainesville, FL

Not Listed for Sale

Detached

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