NOT LISTED FOR SALE

Estimated Value: $788,787 - $898,000

6 Beds
4 Baths
2,552 Sq Ft
$324/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $667,000 $261 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,696/month

7 Days on Market

Highlights

  • Great Room
  • No HOA
  • Laundry Room
  • Gainesville High School Rated A
  • Eat-In Kitchen
  • Storage Room

About This Home

As of December 2020

INVESTOR ALERT!!! A RARE find for this UNIQUE INVESTMENT opportunity less than a block from the University of Florida. 2 duplex''s (8 Bedrooms and 4 Baths combined) on an oversized lot. Awesome return on your investment (ROI) with deferred maintenance. Great CAP Rate!!! All tenants in place until July 31, 2021. Wood and tile floors (no carpet). Both duplex''s have always been fully rented for the past 17 years. Deferred Maintenance: Roofs 2012, A/Cs 2017, Vinyl insulated windows 2017, Stoves (SS) 2016/2017, Refrig (SS) 2019/2020, Granite Kitch. tops, Washer/ Dryer not included. Make student living easy being located just one block from UF property, and close proximity to Shands Hospital, VA, and midtown shopping and nightlife. Literally less than one block from the University of Florida, Steve Spurrier- Florida Field at Ben Hill Griffin Stadium and the O'' Dome to see Gator Football, Basketball or Gymnastics.

Last Agent to Sell the Property

Miles Patterson

WATSON REALTY CORP- TIOGA License #3285112 Listed on: 11/18/2020

WATSON REALTY CORP- TIOGA

Last Buyer's Agent

John Thomas

BHGRE THOMAS GROUP License #0684142

BHGRE THOMAS GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,635

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • East Facing Home
  • Fenced

Parking

  • Assigned Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,552 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Storage Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Cooktop

Flooring

  • Laminate
  • Tile

Accessible Home Design

  • Accessible Full Bathroom
  • Central Living Area
  • Accessible Washer and Dryer
  • Accessible Entrance

Schools

  • J. J. Finley Elementary School
  • Westwood Middle School
  • Gainesville High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 8 Units
  • Ferndale Subdivision

Listing and Financial Details

  • Tenant pays for electricity, sewer, water
  • Assessor Parcel Number 15136-006-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,635

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Brick, Concrete
  • Living Area: 2552
  • Year Built: 1954
  • Accessibility Features: Accessible Central Living Area, Accessible Entrance, Accessible Full Bath, Accessible Washer/Dryer
  • Tenant Pays: Electricity, Sewer, Water
  • Directions to Property: West on University Ave. Right (North) on NW 21st Street, duplex's will be on the left in the first block with sign in the yard.
  • Status: Sold
  • Street Direction: NW
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 529793683
  • RATIO Current Price By Calculate: 261.36
  • Total Acreage: 0 to less than 1/4
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Other, Tile
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Other, Window Treatments
  • Appliances Included: Cooktop, Gas Water Heater, Other, Oven, Refrigerator
  • Levels: One
  • Street Number Modifier: 202-208
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Storage Rooms
  • Living Area Meters: 237.09

Exterior Features

  • Direction Faces: East
  • Exterior Features: Fence, Other

Garage/Parking

  • Parking Features: Assigned, Other

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Natural Gas Available, Other
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Private Sewer
  • Individually Metered: Cable,Electric,Gas,Internet,Sewer,Trash,Water

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Schools

  • Elementary School: J. J. Finley Elementary School-AL
  • High School: Gainesville High School-AL
  • Middle Or Junior School: Westwood Middle School-AL

Lot Info

  • Parcel Number: 15136-006-000

Multi Family

  • Number Of Units Total: 8
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 3635

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 29, 2020
Sold by
Chappell Justin B
Bought by
A To Z Enterprises Llc
Seller's Agent
Miles Patterson
WATSON REALTY CORP- TIOGA
Buyer's Agent
John Thomas
BHGRE THOMAS GROUP
List Price
$699,000
Sold Price
$667,000
Premium/Discount to List
-$32,000
-4.58%
Total Days on Market
7
Current Estimated Value
$825,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,947
Avg. Annual Appreciation
4.06%

Purchase Details

Closed on
Nov 10, 2003
Sold by
Lower Clyde Eston and Lower Clyde
Bought by
Chappell Justin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5.75%

Purchase Details

Closed on
Apr 4, 1978
Bought by
Chappell Justin B
Source: Public Records

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Range of Values:

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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
A To Z Enterprises Llc $667,000 Haile Title Company
Chappell Justin B $135,000 --
Chappell Justin B $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chappell Justin B $158,750
Previous Owner Chappell Justin B $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Off Market $667,000 -- --
12/29/2020 12/29/20 Sold $667,000 -4.6% $261 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $699,000 -- $274 / 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 $12,725 $669,218 $315,810 $353,408
2023 $12,725 $560,480 $315,810 $244,670
2022 $12,138 $584,733 $315,800 $268,933
2021 $10,992 $479,420 $252,640 $226,780
2020 $3,995 $232,534 $145,268 $87,266
2019 $3,786 $214,566 $126,320 $88,246
2018 $3,445 $214,600 $126,300 $88,300
2017 $2,510 $97,300 $40,000 $57,300
2016 $2,510 $97,300 $0 $0
2015 $2,519 $95,700 $0 $0
2014 $3,064 $117,700 $0 $0
2013 -- $109,400 $40,000 $69,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC439675

Stellar MLS

APN: 15136-006-000