NOT LISTED FOR SALE

2628 SW 31st Place Unit A & B Gainesville, FL 32608

Estimated Value: $184,000 - $224,000

2 Beds
1 Bath
1,672 Sq Ft
$42/mo HOA Fee

Last Sold December 15, 2022

Last sale price $146,000 $87 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,387/month

51 Days on Market

Highlights

  • Central Air
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Eastside High School Rated A-
  • West Facing Home
  • Heating Available

About This Home

As of December 2022

This is an over under duplex. Each with 2 bedrooms and one bath. Each apartment is rented for $700.00. Leases expire on March 30 and April 30 next year. Units were painted last year. Nice, fenced backyard. No pets allowed in current leases. Plenty of open parking directly in front of units. 2 ½ miles to UF Health Shands. Decent cap rate, could be more with improvements and increased rents. Room sizes are approximate- buyer responsible for verifying room sizes.

Last Agent to Sell the Property

Marty Misner

MISNER REAL ESTATE SERVICES LLC License #612446 Listed on: 09/02/2022

Co-Listed By

Brittany Thornton

License #3499677

Last Buyer's Agent

Eric Leightman

UNIVERSITY REALTY License #3056069

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,164

Year Built

  • Built in 1980

Lot Details

  • West Facing Home
  • Land Lease expires 4/30/23

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Condo Hotel
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,672 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Idylwild Elementary School
  • Kanapaha Middle School
  • Eastside High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 07314-005-048

Community Details

Overview

  • Phoenix Homeowners Association, Incorporated Association, Phone Number (352) 376-4581
  • Visit Association Website
  • Phoenix Sub Napier Grt Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,164

Year Built

Built in 1980

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condo - Hotel
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1672
  • Lot Size Acres: 0.06
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1690
  • Lot Size Sq Ft: 2614
  • Directions to Property: Archer Rd to SW 23rd Terr to South on SW 29th Pl to unit on right.
  • Status: Sold
  • Street Direction: SW
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: Yes
  • Ratio: Close Price\List Price: 0.97398
  • Price per Sq Ft: 87.32
  • Close to Original List Price Ratio: 0.85933
  • Ratio: Current Price\Building Area Total: 86.39
  • View: No
  • Co List Office Mls Id: 259505158
  • Co List Office Phone: 352-519-5754
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 2628
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • 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
  • Flood Zone Panel: 12001C0451E
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: PHOENIX HOMEOWNERS ASSOCIATION, INCORPORATED
  • Phone: 352-376-4581
  • Association: Yes
  • Senior Community: No
  • Management: Full Time
  • Association Website: http://phoenixsub.com/
  • Association Email: Rogers Realty rrogersrealty@aol.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 500
  • Monthly HOA Fee: 41.67
  • Total Monthly Fees: 41.67

Schools

  • Elementary School: Idylwild Elementary School-AL
  • High School: Eastside High School-AL
  • Middle Or Junior School: Kanapaha Middle School-AL

Lot Info

  • Zoning: PD
  • Parcel Number: 07314-005-048
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2021-09-24
  • Land Lease Expiration Date: 2023-04-30
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 700
  • Month To Month Or Weekly Y N: No

Tax Info

  • Tax Annual Amount: 2164
  • Tax Book Number: J-70
  • Tax Lot: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2023
Sold by
Baydoun Investment Group Llc
Bought by
Freedom Ring Real Estate Investments Llc
Current Estimated Value
$210,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,920
Outstanding Balance
$173,072
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$37,256

Purchase Details

Listed on
Sep 2, 2022
Closed on
Nov 30, 2022
Sold by
Yang Brielle Z
Bought by
Baydoun Investment Group Llc
Seller's Agent
Marty Misner
MISNER REAL ESTATE SERVICES LLC
Buyer's Agent
Eric Leightman
UNIVERSITY REALTY
List Price
$169,900
Sold Price
$146,000
Premium/Discount to List
-$23,900
-14.07%
Views
83

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%
Original Mortgage
$111,562
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2019
Sold by
Rock It Properties 1 Llc
Bought by
Yang Brielle Z

Purchase Details

Closed on
Jul 28, 2006
Sold by
Tang Alan
Bought by
Chen Xiaosong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,800
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2003
Sold by
Blake Rodney
Bought by
Tang Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2001
Bought by
Chen Xiaosong

Purchase Details

Closed on
Aug 25, 1999
Sold by
Jacobs Karl F
Bought by
Mitchell John Alan and Mitchell Kimberlie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,400
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1997
Sold by
Gard Robert Gibbins
Bought by
Jacobs Karl F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,193
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 1989
Bought by
Chen Xiaosong

Purchase Details

Closed on
Oct 1, 1988
Bought by
Chen Xiaosong

Purchase Details

Closed on
Sep 1, 1980
Bought by
Chen Xiaosong

Purchase Details

Closed on
Feb 1, 1980
Bought by
Chen Xiaosong
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
Freedom Ring Real Estate Investments Llc $219,900 Florida Title
Freedom Ring Real Estate Investments Llc $219,900 Florida Title
Baydoun Investment Group Llc $146,000 --
Baydoun Investment Group Llc $146,000 None Listed On Document
Yang Brielle Z $85,000 Attorney
Chen Xiaosong $93,500 Attorney
Tang Alan $65,000 --
Chen Xiaosong $212,000 --
Mitchell John Alan $23,400 --
Jacobs Karl F $24,000 --
Chen Xiaosong $35,000 --
Chen Xiaosong $21,000 --
Chen Xiaosong $100 --
Chen Xiaosong $11,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freedom Ring Real Estate Investments Llc $175,920
Closed Freedom Ring Real Estate Investments Llc $175,920
Previous Owner Baydoun Investment Group Llc $111,562
Previous Owner Chen Xiaosong $74,800
Previous Owner Tang Alan $52,000
Previous Owner Mitchell John Alan $23,400
Previous Owner Jacobs Karl F $21,193
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2022 12/15/22 Sold $146,000 -2.6% $87 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/10/2022 10/10/22 Price Changed $149,900 -11.8% $90 / Sq Ft
09/02/2022 09/02/22 For Sale $169,900 -- $102 / 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 $2,902 $183,234 $40,000 $143,234
2023 $2,902 $121,901 $45,000 $76,901
2022 $2,316 $98,541 $35,000 $63,541
2021 $2,164 $88,078 $35,000 $53,078
2020 $1,980 $79,360 $35,000 $44,360
2019 $1,491 $94,310 $60,000 $34,310
2018 $1,074 $53,900 $15,600 $38,300
2017 $950 $40,100 $15,600 $24,500
2016 $805 $28,500 $0 $0
2015 $840 $29,400 $0 $0
2014 $897 $31,400 $0 $0
2013 -- $28,700 $9,600 $19,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC508022

Stellar MLS

APN: 07314-005-048