NOT LISTED FOR SALE

2040 NW 50th Place Gainesville, FL 32605

Estimated Value: $286,000 - $315,000

3 Beds
2 Baths
1,427 Sq Ft
$209/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $209,000 $146 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,080/month

7 Days on Market

Highlights

  • Clubhouse
  • Contemporary Architecture
  • Community Pool
  • Gainesville High School Rated A
  • Vaulted Ceiling
  • Tennis Courts

About This Home

As of June 2020

Enjoy it all in Sorrento. Neighborhood amenities clubhouse with pool and recreation. This home is owned by the original owner and has a new roof and skylight just completed in very good condition. It has always been well cared for and was the owners home up until they moved away. Washer and dryer do not convey

Last Agent to Sell the Property

Richard Giambrone

BRISTOL PARK REALTY License #0267855 Listed on: 05/12/2020

Last Buyer's Agent

Jill Tinney

BHGRE THOMAS GROUP License #3349835

BHGRE THOMAS GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,817

Year Built

  • Built in 2004

Lot Details

  • 4,792 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Property is zoned PD

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Siding
  • Cement Siding

Interior Spaces

  • 1,427 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Oven
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio

Schools

  • C. W. Norton Elementary School
  • Westwood Middle School
  • Gainesville High School

Utilities

  • Central Air
  • Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Property Available on 7/11/20
  • Assessor Parcel Number 07891-020-137

Community Details

Overview

  • Sorrento Association
  • Sorrento Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,817

Year Built

Built in 2004

Lot Details

0

HOA Fees

$87 per month

Parking

2

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Cement Siding, Concrete, Frame
  • Living Area: 1427
  • Lot Size Acres: 0.11
  • Year Built: 2004
  • Lot Size Sq Ft: 4792
  • Status: Sold
  • Street Direction: NW
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 146.46
  • Total Acreage: 0 to less than 1/4
  • AG Exemption YN: 0
  • Barn Features: None
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Other, Split Bedroom, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Gas Water Heater, Oven, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 132.57

Exterior Features

  • Direction Faces: South
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Patio and Porch Features: Screened
  • Road Surface Type: Paved
  • Disclosures: None

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Other

Utilities

  • Cooling: Central Air, Other
  • Heating: Other
  • Laundry Features: In Garage
  • Sewer: Private Sewer

Condo/Co-op/Association

  • Community Features: Pool, Tennis Courts
  • Association Amenities: Clubhouse, Other, Pool, Tennis Court(s)
  • Association Fee: 87
  • Association Fee Frequency: Monthly
  • Association Name: sorrento
  • Phone: 888-888-8888
  • Association: Yes
  • Association Fee Requirement: Required

Schools

  • Elementary School: C. W. Norton Elementary School-AL
  • High School: Gainesville High School-AL
  • Middle Or Junior School: Westwood Middle School-AL

Lot Info

  • Zoning: PD
  • Parcel Number: 07891-020-137
  • Fencing: Other, Wood
  • Lot Features: Other, Sidewalk

Rental Info

  • Available Date: 2020-07-11
  • Additional Lease Restrictions: Lease Managed By List Ofc
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 3817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 19, 2020
Sold by
Mourad Bashar M and Mourad Karim M
Bought by
Book Daniel Edwin
Seller's Agent
Richard Giambrone
BRISTOL PARK REALTY
Buyer's Agent
Jill Tinney
BHGRE THOMAS GROUP
List Price
$214,000
Sold Price
$209,000
Premium/Discount to List
-$5,000
-2.34%
Current Estimated Value
$298,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,736
Avg. Annual Appreciation
6.89%
Original Mortgage
$198,500
Outstanding Balance
$175,955
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$122,781

Purchase Details

Closed on
Nov 4, 2004
Sold by
Emmer Development Corp
Bought by
Mourad Bashar M and Mourad Karim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Book Daniel Edwin $209,000 Attorney
Mourad Bashar M $163,900 Gibraltar Title Insurance Ag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Book Daniel Edwin $198,500
Previous Owner Mourad Bashar M $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Off Market $209,000 -- --
12/06/2021 12/06/21 Off Market $1,200 -- --
06/19/2020 06/19/20 Sold $209,000 -2.3% $146 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $214,000 0.0% $150 / Sq Ft
09/28/2016 09/28/16 Rented $1,200 -17.2% --
09/16/2016 09/16/16 Under Contract -- -- --
07/09/2016 07/09/16 For Rent $1,450 -- --
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 $5,147 $233,916 $65,000 $168,916
2023 $5,147 $236,152 $65,000 $171,152
2022 $4,565 $203,804 $52,000 $151,804
2021 $4,233 $179,334 $64,000 $115,334
2020 $3,949 $166,848 $50,000 $116,848
2019 $3,977 $163,262 $50,000 $113,262
2018 $3,612 $155,900 $40,000 $115,900
2017 $3,593 $150,900 $25,000 $125,900
2016 $2,094 $124,750 $0 $0
2015 $2,120 $123,890 $0 $0
2014 $2,115 $122,910 $0 $0
2013 -- $121,100 $25,000 $96,100
Source: Public Records

Agents Affiliated with this Home

  • Richard Giambrone

    Seller's Agent in 2020

    Richard Giambrone

    BRISTOL PARK REALTY

    (352) 215-8815

    7 Total Sales

    Richard Giambrone
    Section Image
  • Jill Tinney

    Buyer's Agent in 2020

    Jill Tinney

    BHGRE THOMAS GROUP

    (352) 441-0043

    63 Total Sales

    Jill Tinney
    Section Image
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Map

Source: Stellar MLS

MLS Number: GC434566

Stellar MLS

APN: 07891-020-137

Florida Alachua County Gainesville 32605

2040 NW 50th Place, Gainesville, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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