NOT LISTED FOR SALE

1608 SW 16th St Gainesville, FL 32608

Estimated Value: $187,037 - $230,000

2 Beds
1.5 Baths
1,120 Sq Ft
$353/mo HOA Fee

Last Sold April 30, 2024

Last sale price $210,000 $188 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,713/month

3 Days on Market

Highlights

  • Community Pool
  • Laundry closet
  • Sliding Doors
  • Eastside High School Rated A-
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of April 2024

WALK TO UF HEALTH SHANDS HOSPITAL, UF MEDICAL & DENTAL SCHOOL, THE VET SCHOOL, AND THE VA! This move-in ready 2 bedroom condo features a large living room with a spacious screened-in tiled porch off of the living room. Upgraded luxury vinyl plank flooring in the living room, hallways, & bedrooms and tile flooring in the kitchen and bathrooms - NO CARPET! Additional upgrades include granite countertops in the kitchen and bathrooms! Condo comes with 1 assigned parking space and 1 decal for a guest parking space. After a long day, relax in the community pool! Walk to UF Health Shands Hospital and the VA hospital or catch the bus outside of the complex. So close to Shands Hospital you could go home in between shifts! Also just a short bike, scooter, or bus ride to UF Campus!

Last Agent to Sell the Property

Matt Price

UNIVERSITY REALTY Brokerage Phone: 352-327-9500 License #3082307 Listed on: 03/29/2024

Last Buyer's Agent

Joshua Hartman

UNIVERSITY REALTY License #3545269

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,497

Year Built

  • Built in 1982

Lot Details

  • West Facing Home

HOA Fees

  • $353 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include insurance, pest control, pool, trash
  • Somerset Village Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • Pet Size Limit
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,497

Year Built

Built in 1982

Lot Details

0

HOA Fees

$353 per month

Listing Details

  • HOA Fee Includes: Insurance, Pest Control, Pool, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Other, Wood Siding
  • Fireplace: No
  • Living Area: 1120
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1120
  • Directions to Property: From SW 13th ST head west on SW 16th Ave. At SW 16th ST, turn left. Somerset Village is on immediate right.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • Floor Number: 1
  • List Office Head Office Key Nume: 555141561
  • Minimum Lease: 1 Month
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 187.50
  • Unit Number YN: 1
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-327-9500
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 1608
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 104.05
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Sewer Available, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: It is recommended that a Buyer review the community documents to verify the accuracy of the pet restrictions and for specific details regarding pet restrictions. The listing info in this section is believed to be accurate, but is not guaranteed.
  • Association Fee Requirement: None
  • Building Name Number: SOMERSET VILLAGE
  • Condo Fees: 353
  • Condo Land Included YN: 0
  • Max Pet Weight: 20
  • Montly Maint Amt Addition To HOA: 0
  • Monthly Condo Fee Amount: 353
  • Pet Size: Small (16-35 Lbs.)
  • Development: Somerset Village

Fee Information

  • Total Annual Fees: 4236.00
  • Total Monthly Fees: 353.00

Lot Info

  • Zoning: MULTI-FAM
  • Parcel Number: 15491-608-000
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0

Rental Info

  • Pets Allowed: Number Limit, Size Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: It is recommended that a Buyer review the community documents to verify the accuracy of the leasing restrictions and for specific details regarding leasing restrictions. The listing info in this section is believed to be accurate, but is not guaranteed.

Tax Info

  • Tax Annual Amount: 3497
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Apr 30, 2024
Sold by
Shamrock Keith
Bought by
Balaraman Rama and Balaraman Dilip Abhaya
Seller's Agent
Matt Price
UNIVERSITY REALTY
Buyer's Agent
Joshua Hartman
UNIVERSITY REALTY
List Price
$224,900
Sold Price
$210,000
Premium/Discount to List
-$14,900
-6.63%
Views
39
Current Estimated Value
$201,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,491
Avg. Annual Appreciation
-1.42%

Purchase Details

Closed on
Apr 9, 2020
Sold by
1608 Svc Llc
Bought by
Shamrock Keith

Purchase Details

Closed on
Oct 4, 2016
Sold by
Patel Mukesh I
Bought by
1608 Svc Llc

Purchase Details

Closed on
Aug 5, 2016
Bought by
1608 Svc Llc

Purchase Details

Closed on
Jun 2, 2012
Bought by
1608 Svc Llc

Purchase Details

Closed on
Sep 10, 2003
Sold by
Patel Sumant and Patel Charu
Bought by
Patel Indubhai and Patel Sushila

Purchase Details

Closed on
Dec 31, 2002
Sold by
Patel Sumant and Patel Charu
Bought by
Patel Indubhai and Patel Sushila

Purchase Details

Closed on
Nov 1, 1982
Bought by
1608 Svc Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Balaraman Rama $210,000 Florida Legal Title
Shamrock Keith $159,000 Atlas Title Services
1608 Svc Llc -- None Available
1608 Svc Llc $100 --
Petel Mikesh I -- None Available
1608 Svc Llc $100 --
Patel Indubhai -- Attorney
Patel Indubhai -- --
1608 Svc Llc $100 --
Patel Indubhai -- --
1608 Svc Llc $100 --
1608 Svc Llc $54,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $210,000 -6.6% $188 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $224,900 -- $201 / 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 $3,497 $153,000 -- $153,000
2023 $3,497 $153,000 $0 $153,000
2022 $3,034 $138,000 $0 $138,000
2021 $3,041 $135,000 $0 $135,000
2020 $2,451 $123,000 $0 $123,000
2019 $2,160 $92,500 $0 $92,500
2018 $2,069 $92,500 $0 $92,500
2017 $1,956 $85,000 $0 $85,000
2016 $1,836 $77,600 $0 $0
2015 $1,874 $77,600 $0 $0
2014 $1,890 $77,600 $0 $0
2013 -- $77,600 $0 $77,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: GC520612

Stellar MLS

APN: 15491-608-000