NOT LISTED FOR SALE

2038 SW 78th Terrace Gainesville, FL 32607

Estimated Value: $528,000 - $703,000

4 Beds
2 Baths
2,494 Sq Ft
$231/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $510,000 $204 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,423/month

10 Days on Market

Highlights

  • Screened Pool
  • Open Floorplan
  • Main Floor Primary Bedroom
  • Active Adult
  • Vaulted Ceiling
  • Separate Formal Living Room

About This Home

As of August 2022

You will fall in love with this house and location!
Situated on a quiet cul-de-sac in The Reserve, this luxurious pool home features 4 bedrooms, 2 bathrooms, open floor concept with living room and family room with 2,494 sqft. The home has been fully remodeled and upgraded with laminate flooring, smart thermostat, and high end kitchen and bathroom finishes. As you step into the kitchen you will find stunning quartz countertops on the oversized island with extra cabinet storage around it, soft-close drawers, undermount lighting, fully integrated panel dishwasher and so much more. Open to the living room, eat in dining room formal dining room. Split floor plan has 3 bedrooms on one side of the house with a shared bathroom and a door leading to the pool deck. Master bedroom on the other side with a wonderfully view of the pool, walk in closet, completely renovated master en suite. Walking out towards the pool there is a large bonus heated and cooled porch where can enjoy the outside and view of the pool and hot tub while maintaining the comforts of the indoors. Fully fenced in with gorgeous landscaping and a new workshop that matches the house color. Conveniently located within 3 minutes distance to Kanapaha Park and less than 10 minutes away to Oaks Mall, North Florida Regional Medical Center, and UF. Easy acess to I-75. In addition, home is located 6 miles to Shands and VA Hospital. The Reserve is in a great school district with zoning for Chiles Elementary, Kanapaha Middle School, and Buchholz High School. Don't miss out! Take advantage of this turnkey home and schedule a showing today!

Last Agent to Sell the Property

Rachel Diaz

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS License #3340757 Listed on: 07/08/2022

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS

Co-Listed By

Jennifer Barona

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS License #3345210

Last Buyer's Agent

Ricardo Kokkas

EXP REALTY LLC License #0664762

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,992

Year Built

  • Built in 1990

Lot Details

  • 0.33 Acre Lot
  • East Facing Home
  • Wood Fence
  • Irrigation
  • Property is zoned R-1A

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,494 Sq Ft Home
  • Open Floorplan
  • Dry Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Great Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Stone Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Screened Patio
  • Shed
  • Rain Gutters
  • Rear Porch

Schools

  • Lawton M. Chiles Elementary School
  • Kanapaha Middle School
  • F. W. Buchholz High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • Active Adult
  • The Reserve Association
  • The Reserve Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,992

Year Built

Built in 1990

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Brick
  • Fireplace: Yes
  • Living Area: 2494
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 3002
  • Lot Size Sq Ft: 14375
  • Directions to Property: From Newberry road turn South on SW 75th Street (Tower Road) right into The Reserve just before light. Go to the back of the subdivision to SW 78 Ter. The home will be on the left.
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC506698?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC506698?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.91088
  • Price per Sq Ft: 204.49
  • Close to Original List Price Ratio: 0.91088
  • Ratio: Current Price\Building Area Total: 169.89
  • View: No
  • Co List Office Mls Id: 259505695
  • Co List Office Phone: 352-240-0600
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Dry Bar, Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 2038
  • Room Count: 3
  • Additional Rooms: Florida Room, Formal Dining Room Separate, Formal Living Room Separate, Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Shed(s)
  • Pool Features: Heated, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12001C0293E
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association Name: The Reserve
  • Association: Yes
  • Senior Community: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 150
  • Monthly HOA Fee: 12.5
  • Total Monthly Fees: 12.5

Schools

  • Elementary School: Lawton M. Chiles Elementary School-AL
  • High School: F. W. Buchholz High School-AL
  • Middle Or Junior School: Kanapaha Middle School-AL

Lot Info

  • Zoning: R-1A
  • Parcel Number: 06671-010-041
  • Additional Parcels: No
  • Fencing: Wood
  • Flood Zone Code: X
  • Flood Zone Date: 2021-09-24
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4992
  • Tax Book Number: O-78
  • Tax Lot: 41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2022
Closed on
Aug 4, 2022
Sold by
Soto Annetty P and Soto Angel
Bought by
Fennessy Gary and Fennessy Allison
Seller's Agent
Rachel Diaz
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Buyer's Agent
Ricardo Kokkas
EXP REALTY LLC
List Price
$559,900
Sold Price
$510,000
Premium/Discount to List
-$49,900
-8.91%
Current Estimated Value
$575,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,328
Avg. Annual Appreciation
3.93%

Purchase Details

Closed on
Aug 9, 2017
Sold by
Ucar Deniz A
Bought by
Soto Annetty P and Soto Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2008
Sold by
Warrington Kenneth H and Warrington Jennifer L
Bought by
Ucar Deniz A

Purchase Details

Closed on
Nov 15, 2004
Sold by
Mylavarapu Sundara R and Mylavarapu Vijaya
Bought by
Warrington Kenneth H and Warrington Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,480
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1991
Bought by
Soto Angel and Soto Annetty P

Purchase Details

Closed on
Mar 22, 1990
Bought by
Soto Angel and Soto Annetty P

Purchase Details

Closed on
Apr 17, 1989
Bought by
Soto Angel and Soto Annetty P
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
Fennessy Gary $510,000 Moreno Jose I
Fennessy Gary $510,000 Moreno Jose I
Soto Annetty P $290,000 Attorney
Ucar Deniz A $290,000 None Available
Warrington Kenneth H $278,100 --
Soto Angel $145,500 --
Soto Angel $143,500 --
Soto Angel $28,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soto Annetty P $275,500
Previous Owner Warrington Kenneth H $222,480
Closed Warrington Kenneth H $41,715
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $510,000 -8.9% $204 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/08/2022 07/08/22 For Sale $559,900 0.0% $224 / Sq Ft
12/06/2021 12/06/21 Off Market $2,200 -- --
08/09/2016 08/09/16 Rented $2,200 -2.2% --
07/10/2016 07/10/16 Under Contract -- -- --
07/07/2016 07/07/16 For Rent $2,250 -- --
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 $4,316 $225,534 -- --
2023 $4,316 $218,966 $0 $0
2022 $5,124 $262,035 $0 $0
2021 $4,992 $254,403 $0 $0
2020 $4,932 $250,891 $79,000 $171,891
2019 $5,080 $253,367 $79,000 $174,367
2018 $4,962 $249,900 $58,000 $191,900
2017 $5,338 $229,400 $45,000 $184,400
2016 $4,816 $196,900 $0 $0
2015 $4,881 $198,110 $0 $0
2014 $4,449 $180,100 $0 $0
2013 -- $182,000 $33,000 $149,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC506698

Stellar MLS

APN: 06671-010-041