NOT LISTED FOR SALE

2124 SW 70th Terrace Gainesville, FL 32607

Estimated Value: $124,000 - $158,000

2 Beds
1 Bath
1,575 Sq Ft
$88/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $224,000 $142 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $918/month

1 Day on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Fenced
  • Lawton M. Chiles Elementary School Rated A-
  • Combination Dining and Living Room
  • Vinyl Flooring

About This Home

As of October 2022

Investor alert! Duplex just off Tower Road. Both sides have new AC. New butcher block counters in the kitchen. One unit has LVP flooring, the other has carpet and tile. Tenants are month to month, but would like to sign a new lease with the new owner. Rent are $850 and $800. The area supports a higher monthly rent.

Last Agent to Sell the Property

Mark Ulmer

WATSON REALTY CORP License #3421591 Listed on: 09/07/2022

WATSON REALTY CORP

Last Buyer's Agent

Debra Martin-Back

EXIT REALTY PRODUCERS License #3050519

EXIT REALTY PRODUCERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,852

Year Built

  • Built in 1984

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced
  • Additional Parcels

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,575 Sq Ft Home
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Tower Oaks Manor Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,852

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1575
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1984
  • Lot Size Sq Ft: 8712
  • Number Of Lots: 2
  • Directions to Property: From I-75 and Archer Road, head west on Archer Road. Turn right on Tower Road. Turn right on SW 24th Ave. Second left on SW 70th Terrace. Duplex will be on your left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC508015?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/GC508015?w=Customer
  • Unit Count: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 142.22
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Interior Amenities: Living Room/Dining Room Combo, Thermostat
  • Appliances Included: Cooktop
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Street Number Modifier: 2120/2124
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Available, Public, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: SFR
  • Parcel Number: 06678-022-014
  • Additional Parcels Description: 06678-022-013
  • Additional Parcels: Yes
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2852.08
  • Tax Lot: 13,14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2022
Closed on
Oct 13, 2022
Sold by
Prima Dream Homes Llc
Bought by
Mwango Kamia-Alma
Seller's Agent
Mark Ulmer
WATSON REALTY CORP
Buyer's Agent
Debra Martin-Back
EXIT REALTY PRODUCERS
List Price
$224,000
Sold Price
$224,000
Views
33
Current Estimated Value
$138,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,716
Avg. Annual Appreciation
-13.76%
Original Mortgage
$168,000
Outstanding Balance
$162,931
Interest Rate
6.92%
Estimated Equity
-$16,685

Purchase Details

Closed on
Apr 26, 2019
Sold by
Padron Michael
Bought by
Prima Dream Homes Llc

Purchase Details

Listed on
Apr 21, 2015
Closed on
Mar 31, 2015
Sold by
Campus Usa Credit Union
Bought by
Padron Michael
Seller's Agent
Susan McQuillan
GAINESVILLE-ALACHUA COUNTY ASSOCIATION OF REALTORS®
Sold Price
$625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.47%

Purchase Details

Listed on
Mar 2, 2015
Closed on
Feb 3, 2015
Bought by
Padron Michael
Seller's Agent
Donna Gocek
SAN FELASCO REAL ESTATE SERVICES INC
List Price
$17,500
Sold Price
$17,700
Premium/Discount to List
$200
1.14%

Purchase Details

Closed on
Jun 3, 1992
Bought by
Padron Michael

Purchase Details

Closed on
Mar 11, 1992
Bought by
Padron Michael

Purchase Details

Closed on
Jan 31, 1992
Bought by
Padron Michael

Purchase Details

Closed on
Jul 1, 1987
Bought by
Padron Michael

Purchase Details

Closed on
May 1, 1985
Bought by
Padron Michael

Purchase Details

Closed on
Mar 1, 1985
Bought by
Padron Michael

Purchase Details

Closed on
Jan 1, 1984
Bought by
Padron Michael
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
Mwango Kamia-Alma $224,000 --
Prima Dream Homes Llc $104,000 Us Title
Padron Michael $17,700 Attorney
Padron Michael $100 --
Campus Usa Credit Union -- None Available
Padron Michael $23,900 --
Padron Michael $100 --
Padron Michael $100 --
Padron Michael $36,500 --
Padron Michael $18,300 --
Padron Michael $35,200 --
Padron Michael $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mwango Kamia-Alma $168,000
Previous Owner Raiford Angela E $33,500
Previous Owner Raiford Angela E $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $224,000 0.0% $142 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
09/07/2022 09/07/22 For Sale $224,000 +1165.5% $142 / Sq Ft
12/06/2021 12/06/21 Off Market $17,700 -- --
12/06/2021 12/06/21 Off Market $625 -- --
05/19/2015 05/19/15 Rented $625 0.0% --
04/21/2015 04/21/15 Rented $625 0.0% --
04/21/2015 04/21/15 For Rent $625 0.0% --
03/31/2015 03/31/15 Sold $17,700 +1.1% $22 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $17,500 -- $22 / 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 $1,988 $83,054 $15,000 $68,054
2023 $1,988 $73,762 $15,000 $58,762
2022 $1,513 $57,407 $5,000 $52,407
2021 $1,391 $47,227 $12,000 $35,227
2020 $1,264 $38,125 $6,000 $32,125
2019 $1,083 $33,016 $6,000 $27,016
2018 $919 $30,800 $6,000 $24,800
2017 $885 $28,400 $6,000 $22,400
2016 $721 $21,900 $0 $0
2015 $661 $17,660 $0 $0
2014 $625 $16,060 $0 $0
2013 -- $14,600 $6,000 $8,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC508015

Stellar MLS

APN: 06678-022-013