$405,000
$20K PRICE DROP

2556 SW 118th Terrace Gainesville, FL 32608

Estimated payment $3,057/month

Total Views 2,430
3 Beds
2 Baths
1,520 Sq Ft
$266 Price per Sq Ft

Highlights

  • Fitness Center
  • Clubhouse
  • Solid Surface Countertops
  • Lawton M. Chiles Elementary School Rated A-
  • Engineered Wood Flooring
  • Community Pool

About This Home

If you want to make the move to Oakmont, act fast....this home is now price reduced, and is the LOWEST priced home in the fabulous neighborhood! This adorable 3-bedroom, 2 bath, Tommy Williams popular Kingston floor plan home, offers an energy-efficient quality-built home with an open, two-way split floor. The front elevation, with its charming Craftsman exterior, has a front porch perfect for casual furniture or a pair of rocking chairs. The front door opens onto the living space. Complete with wood-look, porcelain tile in the living space, dining area, kitchen and laundry room, this home has an easy flow for daily living and casual entertaining. Best features of the family room include a step-up tray ceiling with cove lighting and three large, east-facing windows for natural light. The open, inviting kitchen is designed with a white farmhouse sink, GE appliances and large pot and pan cabinet. There is a separate pantry, modern farmhouse pendant lighting and a breakfast bar for casual seating. The adjacent dining space features a tongue-n-groove accent wall, and a window that overlooks the covered front porch. Opposite the kitchen is the guest wing of the home. With a custom barn door at the hallway entrance, close off this wing from the family room for privacy. The two guest rooms are similar in size and share a hallway bath. The spacious owner suite bathroom features a walk-in shower, dual shower heads and wood closet organizational system. Next to the rear French door is the separate laundry room with washer hookups, a Samsung dryer, and two upper sets of cabinets for storage. Between the laundry room and the rear French door is a built-in stop-n-drop convenience center so you have a place to hang backpacks, laptop bags, and coats. The bottom section has a hinged door for quick storage, and the upper part has two open cubbies. The covered rear patio has a wall-mounted TV and a porch swing. Between the home and the detached 2 car garage is a trellised area for lounge furniture or use as your grilling space. With the garage detached from the home, there is plenty of grassed areas for fun and play. There is also a paver fire pit and an enclosed outdoor shower. The SOLAR PANEL system enables your economical CLAY ELECTRIC bill to be even more affordable. Learn to love the “Oakmont life-style” with its renown amenity center complete with a Clubhouse with catering kitchen, a 3000 SF fitness center with on-demand pilates and yoga classes, tennis and basketball courts, a pool with splash zone, and nearby greenspace for outdoor play. Offering a perfect blend of comfort, convenience, and luxury living, this Oakmont residence presents an unparalleled opportunity to enjoy all that Oakmont has to offer.

Listing Agent

Cindy Birk

COLDWELL BANKER M.M. PARRISH REALTORS Brokerage Phone: 352-335-4999 License #3137282 Listed on: 06/19/2025

COLDWELL BANKER M.M. PARRISH REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 6,534 Sq Ft Lot
  • East Facing Home

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Inside Utility

Kitchen

  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Rain Gutters

Schools

  • Kanapaha Middle School
  • F. W. Buchholz High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include pool
  • Leland Management/Alisa Carlino Mcgowan Association, Phone Number (352) 204-8177
  • Oakmont Ph 1 Unit 1A Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: HardiPlank Type
  • Fireplace: No
  • Living Area: 1520
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 2017
  • Building Area Total: 2357
  • Lot Size Sq Ft: 6534
  • Directions to Property: From the X of Parker Road and SW 24th Avenue, turn east onto SW 24th Avenue. Turn right into the Oakmont subdivision at SW 117th Street. Take your first RIGHT onto SW 27th Avenue, then quick RIGHT onto SW 118th Terrace. Home is half-way down on your LEFT. Look for yard sign.
  • Status: Active
  • Street Direction: SW
  • Ownership: Fee Simple
  • Available for Lease YN: 0
  • Escrow City: Gainesville
  • Escrow Postal Code: 32653
  • Escrow State: FL
  • Escrow Street Name: NW 43rd Street
  • Escrow Street Number: 5608
  • List Office Head Office Key Nume: 534938124
  • RATIO Current Price By Calculate: 266.45
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-335-4999
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Other, Primary Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 2556
  • Additional Rooms: Inside Utility
  • Living Area Meters: 141.21
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Association Amenities: Basketball Court, Clubhouse, Fitness Center, Playground, Pool, Tennis Court(s)
  • Association Fee: 100
  • Association Fee Frequency: Annually
  • Association Name: Leland Management/Alisa Carlino-McGowan
  • Phone: 352.204.8177
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Pet Restrictions: Buyer to confirm pet restrictions with the HOA documents
  • Association Fee Requirement: Required
  • Association Email: acmcgowan@lelandmanagement.com
  • Development: Oakmont

Fee Information

  • Total Annual Fees: 100.00
  • Total Monthly Fees: 8.33
  • Monthly HOA Amount: 8.33

Schools

  • High School: F. W. Buchholz High School-AL
  • Middle Or Junior School: Kanapaha Middle School-AL

Lot Info

  • Zoning: SFR
  • Parcel Number: 04427-111-005
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 607

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 10596.86
  • Tax Book Number: 29-35
  • Tax Lot: 5
  • Tax Other Annual Assessment Amount: 1846

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $10,156 $392,543 $145,000 $247,543
2023 $10,156 $395,192 $145,000 $250,192
2022 $8,909 $304,301 $82,650 $221,651
2021 $6,853 $245,125 $0 $0
2020 $6,505 $241,741 $0 $0
2019 $6,279 $236,306 $0 $0
2018 $6,008 $231,900 $55,000 $176,900
2017 $2,641 $42,500 $42,500 $0
2016 $2,245 $42,500 $0 $0
2015 $2,201 $40,000 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 Price Changed $405,000 -2.4% $266 / Sq Ft
07/22/2025 07/22/25 Price Changed $415,000 0.0% $273 / Sq Ft
06/19/2025 06/19/25 For Rent $2,750 0.0% --
06/19/2025 06/19/25 For Sale $424,900 0.0% $280 / Sq Ft
07/27/2023 07/27/23 Rented $2,500 0.0% --
07/27/2023 07/27/23 Under Contract -- -- --
07/10/2023 07/10/23 For Rent $2,500 0.0% --
12/06/2021 12/06/21 Off Market $285,000 -- --
12/06/2021 12/06/21 Off Market $272,722 -- --
02/08/2021 02/08/21 Sold $285,000 -12.3% $188 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $325,000 +19.2% $214 / Sq Ft
06/14/2017 06/14/17 Sold $272,722 +1.7% $181 / Sq Ft
01/25/2017 01/25/17 For Sale $268,035 -- $178 / Sq Ft
12/31/2016 12/31/16 Pending -- -- --
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $285,000 Attorney
Warranty Deed $272,800 Bosshardt Title Ins Agency L
Deed $100 --
Deed $250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $267,781 FHA
Source: Public Records

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Source: Stellar MLS

MLS Number: GC531869

Stellar MLS

APN: 04427-111-005