$99,000
SOLD MAY 2, 2016

1676 SW 16th St Gainesville, FL 32608

2 Beds
1.5 Baths
1,120 Sq Ft
$216/mo HOA Fee

Recently Sold

$88 Per Sq Ft

5% Below List Price

1 Day on Market

Highlights

  • Community Pool
  • Patio
  • Central Heating and Cooling System
  • Eastside High School Rated A-
  • Tile Flooring

About This Home

As of May 2022

WALK TO SHANDS, THE MEDICAL SCHOOL, THE VET SCHOOl, AND THE VA! Spacious and Bright Ground Floor 2 Bedroom Condo in Somerset Village. Large Living Room With a Huge Screened In Porch Off of Living Room. Relax in the Community Pool. Walk to Shands and the VA Hospital. Perfect for Med Student, Doctor, Resident or Vet Student. It''s So Close to Shands, Med Students can go Home in Between Shifts! Priced to Sell! 5+ Units.

Last Agent to Sell the Property

Matt Price

UNIVERSITY REALTY License #3082307 Listed on: 02/03/2016

Last Buyer's Agent

Eric Leightman

UNIVERSITY REALTY License #3056069

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $875

Year Built

  • Built in 1982

HOA Fees

  • $216 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,120 Sq Ft Home
  • Blinds

Kitchen

  • Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Idylwild Elementary School
  • Kanapaha Middle School
  • Eastside High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15491-676-000

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, pest control
  • Somerset Village Association
  • Somerset Village Condo Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$875

Year Built

Built in 1982

Lot Details

0

HOA Fees

$216 per month

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Pest Control
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Frame, Stucco
  • Living Area: 1120
  • 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
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 555141561
  • RATIO Current Price By Calculate: 88.39
  • Tax Year: 2015
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Oven, Refrigerator, Washer
  • Total Bedrooms: 2
  • Window Features: Blinds
  • Street Number Modifier: 1676
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 104.05

Exterior Features

  • Roof: Shingle
  • Patio and Porch Features: Patio
  • Disclosures: Other Disclosures, Seller Property Disclosure

Garage/Parking

  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Street Lights, Water - Multiple Meters
  • Cooling: Central Air
  • Heating: Central, Electric

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Pool
  • Association Fee: 216
  • Association Fee Frequency: Monthly
  • Association Name: Somerset Village
  • Association: Yes
  • Association Fee Requirement: Required

Schools

  • Elementary School: Idylwild Elementary School-AL
  • High School: Eastside High School-AL
  • Middle Or Junior School: Kanapaha Middle School-AL

Lot Info

  • Parcel Number: 15491-676-000
  • Homestead YN: 0

Tax Info

  • Tax Annual Amount: 875

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 Type Sale Price Title Company
Warranty Deed $185,000 New Title Company Name
Warranty Deed $99,000 Gibraltar Title Ins Agency I
Warranty Deed $101,500 Gibraltar Title Insurance Ag
Warranty Deed $150,500 Attorney
Warranty Deed $85,000 --
Deed $58,000 --
Warranty Deed $74,000 --
Warranty Deed $57,000 --
Warranty Deed $48,000 --
Warranty Deed $55,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $120,400 Purchase Money Mortgage
Previous Owner $63,000 No Value Available
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: GC370933

Stellar MLS

APN: 15491-676-000