NOT LISTED FOR SALE

2316 SW 70th Terrace Gainesville, FL 32607

Estimated Value: $108,000 - $135,286

2 Beds
1.5 Baths
1,044 Sq Ft
$116/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $88,000 $84 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $831/month

70 Days on Market

Highlights

  • Screened Patio
  • Laundry Room
  • Tile Flooring
  • Lawton M. Chiles Elementary School Rated A-
  • Storage Room
  • Central Heating and Cooling System

About This Home

As of June 2021

This is the opportunity you have been waiting for; 2 bedroom, 1 - 1/2 bathroom townhome, near bus routes, near UF, Santa Fe College, The Oaks Mall, Butler Plaza, Home Depot. A very well maintained townhome, tile throughout living areas, carpet in the bedrooms, huge closet space, spacious bedrooms, living/dining room, good size kitchen, gas cook top, gas heating for lower GRU bills, separate laundry room, screened back porch, fenced back yard, brand new water heater, A/C unit 4 years old, two designated parking spaces with ample room for 3-4 vehicles. Investors- here is your chance to own a maintenance free property with a CAP rate of 10-12% at a potential rent of 900-950/month. Esta es la oportunidad q estabas esperando,2 cuartos 1 1/2 banos, las rutas de los buses a 50 pies de la casa, home Depot, farmacia y supermercado a minutos de la casa, cuartos grandes, closets de buen tamano, cocina amplia, estufa de gas, patio cubierto y patio abierto atras, calentador nuevo, a/c 48 meses instalado, parqueo para cuatro carros, cuarto separado de lavadora y secadora. Inversionistas - potencial de renta 900-950/mes CAP rate de 10-12%, una super inversion. 3-4 Units.

Last Agent to Sell the Property

Harry Valencia

BOSSHARDT REALTY SERVICES LLC License #3398428 Listed on: 02/17/2021

BOSSHARDT REALTY SERVICES LLC

Last Buyer's Agent

Harry Valencia

BOSSHARDT REALTY SERVICES LLC License #3398428 Listed on: 02/17/2021

BOSSHARDT REALTY SERVICES LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,334

Year Built

  • Built in 1983

Lot Details

  • 3,049

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Shingle Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,044 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Screened Patio
  • Fenced

Community Details

  • Tower Oaks Homeowners Association, Phone Number (352) 240-2713
  • Tower Oaks Manor Subdivision

Listing and Financial Details

  • Property Available on 4/1/21
  • Assessor Parcel Number 06678-020-072

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,334

Year Built

Built in 1983

Lot Details

0

HOA Fees

$7 per month

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Wood Siding
  • Living Area: 1044
  • Year Built: 1983
  • Building Area Total: 1152
  • Directions to Property: From the Oks Mall, turn right onto SW 62nd Blvd, turn Right onto SW 20th Ave, turn Right onto SW 70th Terrace, in 100 feet the home is on your Left
  • Status: Sold
  • Street Direction: SW
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 215047166
  • RATIO Current Price By Calculate: 84.29
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Cooktop, Dishwasher, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer
  • Total Bedrooms: 2
  • Street Number Modifier: 2316
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Storage Rooms
  • Living Area Meters: 96.99
  • Room Count: 2

Exterior Features

  • Roof: Metal, Shingle
  • Home Warranty: No
  • Patio and Porch Features: Screened
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Natural Gas Available, Street Lights, Water - Multiple Meters
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Laundry Room

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 85
  • Association Fee Frequency: Annually
  • Association Name: Tower Oaks Homeowners Association
  • Phone: 352-240-2713
  • Association: Yes
  • Association Fee Requirement: Required

Schools

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

Lot Info

  • Parcel Number: 06678-020-072
  • Fencing: Boundary Fencing
  • Homestead YN: 0

Rental Info

  • Available Date: 2021-04-01
  • Additional Lease Restrictions: Lease Managed By Owner
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 1334

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Jun 1, 2021
Sold by
Velasco Evelyn B and Hernandez Pedro A
Bought by
Carrillo Martha I Reed
Seller's Agent
Harry Valencia
BOSSHARDT REALTY SERVICES LLC
Buyer's Agent
Harry Valencia
BOSSHARDT REALTY SERVICES LLC
List Price
$85,000
Sold Price
$88,000
Premium/Discount to List
$3,000
3.53%
Current Estimated Value
$121,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,322
Avg. Annual Appreciation
7.55%
Original Mortgage
$85,360
Outstanding Balance
$77,283
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$44,039

Purchase Details

Closed on
Oct 30, 2018
Sold by
Mckaley Molly
Bought by
Velasco Evelya B and Hernandez Pedro A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2015
Sold by
Capital City Bank
Bought by
Mckinley Molly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
4.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 22, 2014
Bought by
Mckinley Molly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000
Interest Rate
4.01%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 16, 2008
Sold by
Voiles James A and Voiles Linda A
Bought by
Darby Harold A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2006
Sold by
Capallia Wayne and Pummill Pattricia
Bought by
Voiles James A and Voiles Linda A

Purchase Details

Closed on
Apr 10, 2002
Sold by
Amer Gen Home Equity Inc
Bought by
Capallia Wayne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.12%

Purchase Details

Closed on
Feb 12, 2002
Sold by
Clerk Circuit Court
Bought by
Amer Gen Home Equity Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.12%

Purchase Details

Closed on
Aug 26, 1998
Sold by
Osterbye Don K
Bought by
Andreu Eliot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,564
Interest Rate
6.96%

Purchase Details

Closed on
Oct 13, 1987
Bought by
Mckinley Molly

Purchase Details

Closed on
Sep 1, 1983
Bought by
Mckinley Molly
Source: Public Records

Range of Values:

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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
Carrillo Martha I Reed $88,000 Trinity Title Of Swfl Llc
Velasco Evelya B $60,000 Haile Title Co
Mckinley Molly $18,000 Integrity Title & Escrow Cor
Mckinley Molly $100 --
Capital City Bank -- None Available
Darby Harold A $60,000 Southern Professional Title
Voiles James A $52,000 Southern Professional Title
Capallia Wayne R $33,000 --
Amer Gen Home Equity Inc -- --
Mckinley Molly $100 --
Andreu Eliot $36,000 --
Mckinley Molly $29,000 --
Mckinley Molly $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrillo Martha I Reed $85,360
Previous Owner Velasco Evelya B $54,000
Previous Owner Mckinley Molly $13,000
Previous Owner Darby Harold A $48,000
Previous Owner Capallia Wayne R $30,000
Previous Owner Andreu Eliot $31,564
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Off Market $88,000 -- --
06/04/2021 06/04/21 Sold $88,000 +3.5% $84 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $85,000 -- $81 / 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 $2,254 $95,365 $15,000 $80,365
2023 $2,254 $95,365 $15,000 $80,365
2022 $2,015 $76,875 $5,000 $71,875
2021 $1,532 $58,047 $12,000 $46,047
2020 $1,390 $48,087 $6,000 $42,087
2019 $1,238 $41,441 $6,000 $35,441
2018 $958 $32,400 $6,000 $26,400
2017 $915 $30,000 $6,000 $24,000
2016 $749 $23,100 $0 $0
2015 $762 $23,500 $0 $0
2014 $647 $16,940 $0 $0
2013 -- $15,400 $6,000 $9,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC441665

Stellar MLS

APN: 06678-020-072