NOT LISTED FOR SALE

2114 NW 40th Terrace Unit B4 & C4 Gainesville, FL 32605

Estimated Value: $3,291,180

-- Bed
-- Bath
1,268 Sq Ft
$2,596/Sq Ft Est. Value

About This Home

This home is located at 2114 NW 40th Terrace Unit B4 & C4, Gainesville, FL 32605 and is currently estimated at $3,291,180, approximately $2,595 per square foot. 2114 NW 40th Terrace Unit B4 & C4 is a home located in Alachua County with nearby schools including Littlewood Elementary School, Westwood Middle School, and F.W. Buchholz High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2025
Sold by
Whittle & Mutch Of Florida Inc
Bought by
Mcdermott Thomas and Azam Safir
Current Estimated Value
$3,291,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,078,000
Outstanding Balance
$1,078,000
Interest Rate
6.85%
Mortgage Type
Seller Take Back
Estimated Equity
$1,942,428

Purchase Details

Closed on
May 24, 2012
Sold by
Brown Lewis
Bought by
Whittle & Mutch Of Florida Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,060,000
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 1997
Sold by
Brown Lewis
Bought by
City Of Gainesville

Purchase Details

Closed on
Jun 4, 1997
Bought by
Whittle & Mutch Of Florida Inc

Purchase Details

Closed on
Sep 17, 1993
Bought by
Whittle & Mutch Of Florida Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Mcdermott Thomas $1,800,000 None Listed On Document
Whittle & Mutch Of Florida Inc $1,325,000 Attorney
City Of Gainesville -- --
Whittle & Mutch Of Florida Inc $250,700 --
Whittle & Mutch Of Florida Inc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Thomas $1,078,000
Previous Owner Whittle & Mutch Of Lorida Inc $915,000
Previous Owner Whittle & Mutch Of Florida Inc $1,060,000
Source: Public Records

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 $35,613 $1,458,464 $1,205,923 $252,541
2023 $35,613 $1,556,600 $1,284,119 $272,481
2022 $30,816 $1,403,000 $466,168 $936,832
2021 $31,566 $1,403,000 $466,168 $936,832
2020 $31,292 $1,403,000 $466,168 $936,832
2019 $30,267 $1,403,000 $466,168 $936,832
2018 $25,524 $1,148,300 $362,400 $785,900
2017 $26,206 $1,148,300 $362,400 $785,900
2016 $25,408 $1,083,900 $0 $0
2015 $25,936 $1,083,900 $0 $0
2014 $28,087 $1,166,200 $0 $0
2013 -- $1,168,400 $362,400 $806,000
Source: Public Records

Map

Florida Alachua County Gainesville 32605

2114 NW 40th Terrace Unit B4 & C4, Gainesville, FL

This home is located at 2114 NW 40th Terrace Unit B4 & C4, Gainesville, FL 32605 and is currently estimated at $3,291,180, approximately $2,595 per square foot. 2114 NW 40th Terrace Unit B4 & C4 is a home located in Alachua County with nearby schools including Littlewood Elementary School, Westwood Middle School, and F.W. Buchholz High School.

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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