2114 NW 40th Terrace Unit C-4 Gainesville, FL 32605
Estimated Value: $3,291,180
--
Bed
--
Bath
634
Sq Ft
$5,191/Sq Ft
Est. Value
About This Home
This home is located at 2114 NW 40th Terrace Unit C-4, Gainesville, FL 32605 and is currently estimated at $3,291,180, approximately $5,191 per square foot. 2114 NW 40th Terrace Unit C-4 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
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
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Home Values in the Area
Average Home Value in this Area
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
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
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