NOT LISTED FOR SALE

1676 SW 16th St Gainesville, FL 32608

Estimated Value: $181,380 - $197,000

2 Beds
1.5 Baths
1,120 Sq Ft
$275/mo HOA Fee

Last Sold May 16, 2022

Last sale price $185,000 $165 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,581/month

3 Days on Market

Highlights

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

About This Home

As of May 2022

WALK TO SHANDS, UF MEDICAL SCHOOL, THE VET SCHOOL, AND THE VA! This move-in ready 2 bedroom condo features a spacious living room with a large covered porch off of the living room. UPGRADES include an updated kitchen with newer stainless steel appliances less than 3 years old, brand new front-loader washer and dryer, upgraded bathroom vanity, and wood look tile flooring in the kitchen, hallways, & bathrooms! There is also brand new carpet! New owner will get the added benefits of the major condo-wide exterior improvements that are already underway. Relax in the community pool and WALK to UF Health Shands Hospital & 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 ride or bus ride to UF Campus!

Last Agent to Sell the Property

Matt Price

UNIVERSITY REALTY License #3082307 Listed on: 04/28/2022

Co-Listed By

Tyler Peters

UNIVERSITY REALTY License #3351895

Last Buyer's Agent

Rami Salem

DALTON WADE INC License #3416804

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,159

Year Built

  • Built in 1982

Lot Details

  • West Facing Home

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

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 maintenance, trash
  • Somerset Village Subdivision
  • The community has rules related to deed restrictions
  • Rental 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

$1,159

Year Built

Built in 1982

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • HOA Fee Includes: Insurance, Pest Control, Pool Maintenance, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Other, Wood Siding
  • Fireplace: No
  • Living Area: 1120
  • New Construction: No
  • Year Built: 1982
  • 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. Unit is on left side, ground floor.
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC504587?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC504587?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Unit Number Y N: Yes
  • Ratio: Close Price\List Price: 1.02835
  • Price per Sq Ft: 165.18
  • Close to Original List Price Ratio: 1.02835
  • View: No
  • Co List Office Mls Id: 259504837
  • Co List Office Phone: 352-327-9500
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Thermostat
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1676
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12001C0314D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: 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
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 275
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 275
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 3300
  • Total Monthly Fees: 275

Lot Info

  • Zoning: MULTI-FAM
  • Parcel Number: 15491-676-000
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2006-06-16

Rental Info

  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 20
  • Minimum Lease: 1 Month
  • 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.
  • Lease Restrictions Y N: Yes
  • 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: 1159
  • Tax Lot: -

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
May 16, 2022
Sold by
Herndon Brandon B and Herndon Emily
Bought by
Smadi Bassam M and Shapiro Jake H
Seller's Agent
Matt Price
UNIVERSITY REALTY
Buyer's Agent
Rami Salem
DALTON WADE INC
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%
Current Estimated Value
$191,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,095
Avg. Annual Appreciation
1.32%

Purchase Details

Listed on
Feb 3, 2016
Closed on
May 2, 2016
Sold by
Winship Dean A and Winship Carol D
Bought by
Herndon Brandon B
Seller's Agent
Matt Price
UNIVERSITY REALTY
Buyer's Agent
Eric Leightman
UNIVERSITY REALTY
List Price
$104,500
Sold Price
$99,000
Premium/Discount to List
-$5,500
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.91%

Purchase Details

Closed on
Jun 21, 2011
Sold by
Eubanks Barret H
Bought by
Winship Dean A and Winship Carol D

Purchase Details

Closed on
Apr 1, 2008
Sold by
Warren Matthew W and Warren John M
Bought by
Eubanks Barrett H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,400
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2002
Sold by
Sevin Marika
Bought by
Warren Matthew W and Warren John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.8%

Purchase Details

Closed on
Oct 14, 1999
Sold by
Sevin Bernduwe and Sevin Janet E
Bought by
Sevin Marika

Purchase Details

Closed on
Aug 6, 1998
Bought by
Herndon Brandon B

Purchase Details

Closed on
May 27, 1994
Bought by
Herndon Brandon B

Purchase Details

Closed on
Jul 24, 1992
Bought by
Herndon Brandon B

Purchase Details

Closed on
Nov 1, 1982
Bought by
Herndon Brandon B
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
Smadi Bassam M $185,000 New Title Company Name
Herndon Brandon B $99,000 Gibraltar Title Ins Agency I
Winship Dean A $101,500 Gibraltar Title Insurance Ag
Eubanks Barrett H $150,500 Attorney
Warren Matthew W $85,000 --
Sevin Marika $58,000 --
Herndon Brandon B $74,000 --
Herndon Brandon B $57,000 --
Herndon Brandon B $48,000 --
Herndon Brandon B $55,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eubanks Barrett H $120,400
Previous Owner Warren Matthew W $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Sold $185,000 +2.8% $165 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $179,900 +81.7% $161 / Sq Ft
12/06/2021 12/06/21 Off Market $99,000 -- --
05/02/2016 05/02/16 Sold $99,000 -5.3% $88 / Sq Ft
02/04/2016 02/04/16 Pending -- -- --
02/03/2016 02/03/16 For Sale $104,500 -- $93 / 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 $3,516 $153,000 -- $153,000
2023 $3,516 $153,000 $0 $153,000
2022 $1,187 $94,481 $0 $0
2021 $1,159 $91,729 $0 $0
2020 $1,131 $90,463 $0 $0
2019 $1,115 $88,429 $0 $0
2018 $1,037 $86,780 $0 $0
2017 $1,028 $85,000 $0 $85,000
2016 $880 $77,600 $0 $0
2015 $904 $77,600 $0 $0
2014 $913 $77,600 $0 $0
2013 -- $77,600 $0 $77,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC504587

Stellar MLS

APN: 15491-676-000